Direct Agricultural Tax Burden-An Inter-State Comparison

August 23, 1969 fruitful results have been obtained in demand analysis which develops macro concepts independently of micro-theory.
Both these chapters are useful in that the research worker finds several different types of relationships discussed in considerable detail. In the case of production function, the attempt is to underline the point that even if the problems of measurement of capital, labour, etc, are overcome, statistical fits to aggregative data may not necessarily be interpreted as estimates of theoretical production function based on some sort of aggregation of production function of firms. The question of 'technical change' is also discussed in considerable detail.