Modelling macroeconomic adjustment with growth in developing economies : the case of India /: the case of India. (2018)

• Record Type: Book
• Further Information: Note: Sushanta K. Mallick.
• Authors: Mallick, Sushanta K
• Contents: Cover; Dedication; Title; Copyright; Contents; List of tables; List of graphs, charts and figure; Acknowledgements; Preface; 1 Introduction; 1.1 The backdrop; 1.1.1 Some stylized facts; 1.1.2 Key research questions; 1.2 Major objectives; 1.3 Methodology and database; 1.4 Organisation of the book; 2 Macroeconomic Adjustment in India: Nature of the Policy Setting; 2.1 Introduction; 2.2 India's emerging macroeconomic environment -- 1950-1990; 2.2.1 The antecedents of the Indian macroeconomic crisis; 2.2.2 The 1991 policy response 2.3 An analysis of performance of recent macroeconomic policies since 19802.3.1 Effect of liberalisation on growth; 2.3.2 Effect of policies on controlling inflation; 2.3.3 The nexus between fiscal deficit, BOP, and money supply; 2.4 Conclusion; 3 Annals of Indian Macroeconomic Modelling Efforts; 3.1 Introduction; 3.2 Macroeconomic models of the Indian economy; 3.2.1 Plan models and computable general equilibrium models for India; 3.2.2 Macroeconometric models; 3.2.2.1 Theoretical difficulties in building macroeconometric models for India 3.2.2.2 Specific components of macroeconometric models3.2.3 Control-theoretic models; 3.3 A critical appraisal; 3.4 Conclusion; 4 Policy Models for Growth-oriented Macroeconomic Adjustment: An Analytical Critique; 4.1 Introduction; 4.2 The model; 4.2.1 Assumptions of the model; 4.2.2 The macroeconomic framework; 4.2.3 The monetary component; 4.2.4 The growth component; 4.2.5 The merged model; 4.3 A criticai look at the model; 4.4 Conclusion; 5 Dynamics of Macroeconomic Adjustment with Growth: Some Simulation Results; 5.1 Introduction; 5.2 The analytical model; 5.2.1 Structure of the model 5.3 Econometric evidence for the investment model5.4 Dynamic responses to policy shocks; 5.4.1 The basic model; 5.4.2 The extended model; 5.4.3 Modelling expectations; 5.5 Conclusion; 6 A Dynamic Macroeconometric Model for Short-run Stabilisation; 6.1 Introduction; 6.2 Analytics of the stabilisation model; 6.2.1 The VS model; 6.2.2 Critiques of the VS model; 6.2.2.1 Monetary disequilibrium; 6.2.2.2 Export function; 6.2.2.3 Import function; 6.3 Dynamics of Indian inflation; 6.4 Model estimation; 6.4.1 Pre-tests for integration and cointegration; 6.4.2 Empirical results; 6.5 Model simulation 6.6 Conclusion7 Determinants of Long-term Growth: A Keynesian Approach; 7.1 Introduction; 7.2 Analytics of economic growth; 7.2.1 Neoclassical model with endogenous growth; 7.2.2 Export-led model of growth; 7.3 Empirical analysis; 7.3.1 Testing for stationarity; 7.3.2 Cointegration and short-run dynamics; 7.4 Conclusion; 8 Designing Adjustment Policies with Growth in the Optimal Control Framework; 8.1 Introduction; 8.2 The model; 8.2.1 Definition of variables used in the model; 8.2.2 Structure of the model; 8.2.3 Dynamic properties of the model; 8.3 The design of optimal control exercise
• Publisher Details: Abingdon, Oxon : Routledge
• Publication Date: 2018
• Extent: 1 online resource, illustrations
• Subjects: 339.0954; Economic stabilization -- India -- Econometric models; Macroeconomics -- Econometric models; BUSINESS & ECONOMICS / Economics / Macroeconomics; POLITICAL SCIENCE / Economic Conditions; SOCIAL SCIENCE / General; Economic history; Economic stabilization -- Econometric models; Macroeconomics -- Econometric models; India -- Economic conditions -- 1947- -- Econometric models; India; Electronic books; Electronic books
• Languages: English
• ISBNs: 9780429450594; 0429450591; 9780429834158; 0429834152; 9780429834165; 0429834160; 9780429834172; 0429834179
• Related ISBNs: 1138324833; 9781138324831
• Notes: Note: Includes bibliographical references.; Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.