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

V N Reddy Quite often, we find in economic literature, several loose[ statements about how the rate of growth of an Economy has been rising or falling or constant over time, essentially taking into account two or three observations. In a few cases these statements are based on fitting a particular, growth curve without examining its empirical appropriateness and along with it sometimes providing partial information on the desirable statistical measures of goodness of fit as indicated by R2, Dw and T values.

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