The study compares the performance of the oil refining PSEs of India between two stretches each spanning over nine years; one ending in 1999-00 – the APM regime – and the other beginning in the next year – the post-APM regime. The basic question being asked here is whether undoing of the...

Estimation of capital stock appropriate for productivity analyses is a tricky problem. PIM can at best be considered a passable estimate of the asset value of capital goods or the wealth stock. An alternative to the PIM is the OHSM. For a uniform exponential growth of investment there exist...

The article decomposes the influence behind the growth of service activities in the Indian economy over the last three decades into three components -- the final demand effect, input structure effect and reallocation effect -- and makes empirical assessments thereof. In terms of the influences,...

Based on input-output transactions tables, our study decomposes the cause for change in sectoral shares in GDP into three components - the final-demand effect, input-structure effect and reallocation effect - and makes an empirical assessment of these components. It is observed that apart from...