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

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Measurement of Capital Stock in Indian Industries

Indian Industries Bibekananda Raychaudhuri Absence of a proper estimate of net fixed capital stock has drastically reduced the usefulness of various economic studies. Rate of profit calculations based on capital stock estimates at historical prices are simply meaningless. A proper estimate is necessary to calculate important economic indicators like various productivity estimates, rate of profit, capital intensity, capital-output ratio, etc.

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