ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Vijay L KelkarSubscribe to Vijay L Kelkar

India s Information Economy-Role, Size and Scope

India's Information Economy Role, Size and Scope Vijay L Kelkar Devendra N Chaturvedi Madhav K Dar This study elucidates the role of the information sector in India and is a preliminary attempt at measuring the size of India's information sector. It is shown how investment in the information sector, and in information technology in particular, is productivity enhancing, resource saving, expands the country's production possibilities, improves the country's trading potentialities and contributes to a higher growth rate. Special mention is made of telecommunications in this regard.

Industrial Growth in the Eighties-Emerging Policy Issues

The Context IT has been an eventful decade for industrial development in India. Changes in government policy which had been initiated in the closing years of the previous decade were further reinforced and accelerated during the eighties. The technological somnolescence of the seventies was replaced by a spate of technological collaborations and ambitious schemes for modernisation and capacity rejuvenation. There are hints even of a reversal in the trends of industrial efficiency as reflected in estimates of total factor productivity. The industrial sector in India during the eighties appeared to be moving towards the intensive father than the extensive margin on which it had operated for the past three decades.

Post-War Growth in World Trade in Manufactures

Post-War Growth in World Trade in Manufactures Vijay L Kelkar An attempt has been made in this paper to understand the factors that sustained the remarkable growth of world trade in manufactures in the post-Second World War period upto the early seventies.

Long-Term Growth Possibilities in OECD Economies-An Alternative View

Long-Term Growth Possibilities in OECD Economies An Alternative View Vijay L Kelkar Most projections of the growth prospects of the OECD economies suggest that the growth rates experienced by these economies in the 1950-70 are unlikely to he repeated.

Domestic Resource Costs and Evaluation of Trade Policies-A Reply

 Domestic Resource Costs and Evaluation of Trade Policies A Reply Vijay L Kelkar K M Raipuria AFZAL ALI in his note (1979) agrees with Kelkar (1977) on the need for "the use of more elaborate techniques in evaluating the social costs of any given trade policy", Ali also agrees that more disaggregated studies are needed to determine uneconomic units in a particular sector, and in general "more rather than fewer studies" are needed to determine, India's long-run comparative advantage. Ali, however, finds it difficult to conclude that the existing studies of evaluation of foreign trade policy in India do not indicate that the right choice of industries have not been made in keeping with India's long-run comparative advantage. He claims to have shown that "the three simplifying assumptions leading to the use of one point import premia, infinite elasticity of export demand and import supply, and the use of market rather than shadow prices are unlikely to influence the magnitude ranking and range of export DRCs [Domestic Resource Costs] calculated so greatly as to vitiate the results".
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