Introduction: the take-off -- Growth and structural change since 1978-79: issues in measurement -- Sectoral shares in Indian GDP: how to regard it? -- Sectoral growth: GVA-output dichotomy -- Manufacturing sector in the Indian economy: paradox of growth and stagnation -- Growth and sectoral GVA...

This book studies pitfalls in value added accounting of sectoral growth in real terms in the context of liberalisation of the Indian economy. Growth of sectoral gross value added can systematically deviate from that of final expenditure (and gross output), even maintaining the broad national...

Some LDC'S provide their product estimates at producer's or market prices while others give it at factor cost making international comparison tricky. When input–output transactions tables are available and are given at factor cost, as in India, modifications based on such tables can give a...