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From "State Domestic Product" to "Real Income" as a Way to Measure Levels of Living in India, Some Tentative Adjustments

Author

Listed:
  • Van Kerm, P

Abstract

This paper attempts to provide an answer as to why the level of average per capita consumer expenditure, the asset possession or, more prosaically, the apparent level of living in some Indian states are comparatively higher than in states which have yet a higher level of income as measured by the per capita net State Domestice Product. The robustness of a PCNSDP ranking of the sixteen major Indian states is tested against some adjustments to there statistics in order to reglect the average "real" income of the populations in a better way.

Suggested Citation

  • Van Kerm, P, 1997. "From "State Domestic Product" to "Real Income" as a Way to Measure Levels of Living in India, Some Tentative Adjustments," Papers 184, Notre-Dame de la Paix, Sciences Economiques et Sociales.
    • Handle: RePEc:fth:nodapa:184
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    More about this item

    Keywords

    INCOME; CONSUMPTION; INDIA;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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