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

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Growth in Manufacturing Output since 1980-Some Preliminary Findings

This note describes trends in the growth of gross value added in the manufacturing sector using mainly National Accounts Statistics, 1989 and reports findings of a comparison of the observed trends in the eighties with the experience of the previous three decades. The results of this statistical exercise appear to be significant in the context of the doubts expressed on the validity of the revised index of industrial production (with 1980-81 as the base year) and the continuing debate on the persistence of a 'relative stagnation' or 'deceleration' since the mid-sixties.

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