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Trends in Technical Progress in India .Analysis of Input-Output Tables from 1968 to 2003

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  • Dholakia, Ravindra H.
  • Agarwalla, Astha
  • Bazaz, Aamir Bashir
  • Agarwal, Prasoon

Abstract

The paper is based on the 8 Input . Output (I-O) tables for the Indian economy available over a period of 36 years from 1968-69 to 2003-04. The technical progress (TP) in the context of the I-O tables is based on the concept of a production function defining the relationship between gross output and material inputs as well as value added at the disaggregated sectoral level. The paper attempts to answer the following questions: (i) Was the TP substantial and continuous throughout the period?; (ii) Was the rate of TP during the inward looking and outward looking growth strategy phases of the economy the same?; and (iii) Was the rate of TP at the disaggregated sectoral level almost constant over time? In order to measure the rate of TP, the available eight national I-O tables in India are first made compatible for the number, scope and definitions of sectors as well as for prices by converting them at constant 1993-94 prices. Chenery-Watanabe coefficient is used for measuring the rate of TP for different sectors across the 8 I-O tables.

Suggested Citation

  • Dholakia, Ravindra H. & Agarwalla, Astha & Bazaz, Aamir Bashir & Agarwal, Prasoon, 2009. "Trends in Technical Progress in India .Analysis of Input-Output Tables from 1968 to 2003," IIMA Working Papers WP2009-11-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
    • Handle: RePEc:iim:iimawp:8441
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    Cited by:

    1. Surugiu, Marius-Răzvan & Surugiu, Camelia, 2010. "Comparative structural approaches regarding relevant indicators of Input-Output analysis at macro and sectoral level: a case study of some European Union countries," MPRA Paper 23772, University Library of Munich, Germany, revised 25 Oct 2010.
    2. Gopalakrishnan, Pawan & Saha, Anuradha, 2021. "Tax Policy And Food Security: A Dynamic Analysis," Macroeconomic Dynamics, Cambridge University Press, vol. 25(3), pages 795-823, April.
    3. Kausik Lahiri & Sarmila Banerjee, 2013. "India’s Health-care Sector under GATS: Inquiry into Backward and Forward Linkages," Foreign Trade Review, , vol. 48(3), pages 285-357, August.

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