Relationship between Industrial Expenditure and Industrial Growth Rate: The Case of India.

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Title: Relationship between Industrial Expenditure and Industrial Growth Rate: The Case of India.
Authors: TAMMA, KOTI REDDY1
Source: Productivity. Apr-Jun2017, Vol. 58 Issue 1, p100-106. 7p.
Subjects: Operating costs, Industrial expansion, Vector error-correction models, Investments, Business expansion
Abstract: The study aims at testing the relationship between industrial expenditure and industrial growth rate for the period 1950-51 to 2013-14. The study applies Johansen Co-integration and Vector Error Correction Model to test the long-term relationship between industrial expenditure and industrial growth rate. The National Accounts Statistics (NAS) was used for the data on private investment for the analysis of this study. The study reveals that during the post-reform period, the rate of capital formation had decreased in the public sector and increased in the private sector. The study concludes that there is a long-term association between industrial expenditure and industrial growth rate, implying that the industrial expenditure contributes significantly to the industrial growth rate. The author suggests that in order to expand the scope of long-term finance for industrial sector, securities market needs to be developed and strengthened. [ABSTRACT FROM AUTHOR]
Copyright of Productivity is the property of Prints Publications Pvt. Ltd. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
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Header DbId: egs
DbLabel: Engineering Source
An: 123745100
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  Data: Relationship between Industrial Expenditure and Industrial Growth Rate: The Case of India.
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  Data: <searchLink fieldCode="AR" term="%22TAMMA%2C+KOTI+REDDY%22">TAMMA, KOTI REDDY</searchLink><relatesTo>1</relatesTo>
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  Data: <searchLink fieldCode="JN" term="%22Productivity%22">Productivity</searchLink>. Apr-Jun2017, Vol. 58 Issue 1, p100-106. 7p.
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  Data: <searchLink fieldCode="DE" term="%22Operating+costs%22">Operating costs</searchLink><br /><searchLink fieldCode="DE" term="%22Industrial+expansion%22">Industrial expansion</searchLink><br /><searchLink fieldCode="DE" term="%22Vector+error-correction+models%22">Vector error-correction models</searchLink><br /><searchLink fieldCode="DE" term="%22Investments%22">Investments</searchLink><br /><searchLink fieldCode="DE" term="%22Business+expansion%22">Business expansion</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: The study aims at testing the relationship between industrial expenditure and industrial growth rate for the period 1950-51 to 2013-14. The study applies Johansen Co-integration and Vector Error Correction Model to test the long-term relationship between industrial expenditure and industrial growth rate. The National Accounts Statistics (NAS) was used for the data on private investment for the analysis of this study. The study reveals that during the post-reform period, the rate of capital formation had decreased in the public sector and increased in the private sector. The study concludes that there is a long-term association between industrial expenditure and industrial growth rate, implying that the industrial expenditure contributes significantly to the industrial growth rate. The author suggests that in order to expand the scope of long-term finance for industrial sector, securities market needs to be developed and strengthened. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Productivity is the property of Prints Publications Pvt. Ltd. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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    Languages:
      – Code: eng
        Text: English
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      Pagination:
        PageCount: 7
        StartPage: 100
    Subjects:
      – SubjectFull: Operating costs
        Type: general
      – SubjectFull: Industrial expansion
        Type: general
      – SubjectFull: Vector error-correction models
        Type: general
      – SubjectFull: Investments
        Type: general
      – SubjectFull: Business expansion
        Type: general
    Titles:
      – TitleFull: Relationship between Industrial Expenditure and Industrial Growth Rate: The Case of India.
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              M: 04
              Text: Apr-Jun2017
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              Y: 2017
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