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Indicators of Business Recessions and Revivals in India: 1951-1982

Author

Listed:
  • Vikas Chitre

    (Gokhale Institute of Politics and Economics, Pune)

Abstract

The objective of this paper is to prepare a systematic list of indicators of business recessions and revivals in India for the period 1951-1982. The idea is that an index based on these indicators will enable us to conclude with some confidence that the recessionary or revival trends have become sufficiently wide spread so that the general situation may be described properly as being one of business recession or revival. The paper focuses on growth cycles and examines the leads and lags of 94 monthly series in relation to the turning points of the cycle in the overall economic activity.

Suggested Citation

  • Vikas Chitre, 2001. "Indicators of Business Recessions and Revivals in India: 1951-1982," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 36(1), pages 79-105, January.
    • Handle: RePEc:dse:indecr:v:36:y:2001:i:1:p:79-105
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    Cited by:

    1. Bhattacharya, Rudrani & Pandey, Radhika & Patnaik, Ila & Shah, Ajay, 2016. "Seasonal adjustment of Indian macroeconomic time-series," Working Papers 16/160, National Institute of Public Finance and Policy.
    2. Saini, Seema & Ahmad, Wasim & Bekiros, Stelios, 2021. "Understanding the credit cycle and business cycle dynamics in India," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 988-1006.
    3. Rajendra N. Paramanik & Bandi Kamaiah, 2017. "An Empirical Analysis Of Indian Business Cycle Dynamics," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 62(213), pages 7-26, April - J.
    4. Pandey, Radhika & Patnaik, Ila & Shah, Ajay, 2019. "Measuring business cycle conditions in India," Working Papers 19/269, National Institute of Public Finance and Policy.

    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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