Some unsettled questions about Indian manufacturing GDP estimation
Some unsettled questions about Indian manufacturing GDP estimation, Amey Sapre and Pramod Sinha. Journal of Indian School of Political Economy, Vol. XXIX, No. 1&2, Jan-June 2017.
| We discuss some unsettled questions about the GDP estimation process in the manufacturing sector. We further the debate on the Paid-Up Capital based blow up method of GVA by showing evidence of divergence between Paid-Up Capital and GVA contribution. We also highlight problems with measures of output and cost and identification of manufacturing firms for purposes of GVA estimation. We argue that the recourse lies in finding an alternative to the Paid-Up Capital blow up factor and that identification of firms remains a crucial problem to solve. Links |