Econometric theory, as developed till today includes a number of estimation procedures whose small and large sample properties have been analysed at different places by different authors. Looking at these works one can find a few contradictions regarding efficiency of some powerful methods of...

This paper deals with empirical quantification of distributional impact of government expenditure on selected social services like education, health, medical and family planning at state level. The distributional impact has been quantified in accordance with three alternative points of view. The...

One of the problems faced by researchers in the field of quantitative economics relates to choice of appropriate functional forms from amongst many that can be estimated on the basis of available data on a given set of causal and effect variables. Most economic phenomena could alternatively, be...

This paper attempts to quantify direct as well as indirect costs and benefits of selected components of government expenditure on education when education is considered as a part of system pertaining to social services and social services are linked meaningfully with real sector variables,...

This paper suggests a method of estimation that is the least-squares estimator in the general situation when observations are interdependent or independent. The method is designated as perfect least-squares (PLS) because there is no other method, known so far, that provides lower magnitude of...

For the measurement of elasticity, given two observations of a bivariate relationship, the arc elasticity formula has been traditionally used by economists and statisticians. However, no proper statistical justification for this procedure exists in the literature. In this paper measures of...

This paper provides a methodology of evaluating performance of tax administration on the basis of available data on effort and achievement variables over a number of years. A case study of sales tax administration in Gujarat State of Indian Union is made to identify the achievement and effort...

This paper attempts to a) arrive at estimates of marketed surplus of milk, b) to simplify the computational methods for pooling cross section and time series data, and c) to determine the terms of repayment of loans (particularly the number of years and the percentage of amount to be deducted...

This paper spells out a case for better planning of relevant infrastructural facilities for small industries in general. Thereafter we discuss birth, death and sickness rates in Gujarat along with problems encountered by entrepreneurs. Next we provide a brief survey of relevant infrastructural...

An implicit assumption underlying least squares estimation procedure is that the unknown coefficients remain invariant over sample observations. In actual practice, however, one tends to use larger and larger number of observations without verifying as to whether this assumption holds true for...