Economic development and structural changes: an empirical investigation
Inter-India Publications, Jun 1, 1985 - History - 159 pages
Punjab presents a unique model of economic development based on agriculture. The industrial sector in the state is lagging and its structure is heavily baised towards small sector. The heavy industry is virtually non-existant as there are almost no minerals in the state. yet the state, during the plan period, had experienced almost the fastest growth amongst all states of the Indian Union. Punjab is the most prosperous Indian state, with highest per capita income and tops in most of the indices of performance. This book, thoroughly investigating the fundamental issue of inter-sectoral dependence, in the context of the growth of Punjab's economy, highlights that its growth experience not only betrays the irrelevance (to Punjab) of most writings about India but also underscroes the need for formulation of development strategies at the state level.
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Data Base and Methodology
Growth and Determinants of State Domestic Product
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agricultural labourers agricultural products agricultural sector agricultural terms agriculture and industry Amritsar capita income cent in period Chandigarh current and constant current prices cyclical fluctuations declined Different Sectors domestic product economic development expenditure Factor Analysis Factor Loading farm foodgrains forward linkages green revolution Gujarat Guru Nanak Dev hectare income at current income groups increased India industrial development Jalandhar Kainth lakhs Ludhiana Ludhiana district marketed surplus multicollinearity national income non-primary income non-primary sector NSDP output primary and non-primary Primary Sector Income Punjab Agricultural University Punjab economy rate of growth ratio regression analysis regression coefficients resource flows reveals rise Rupnagar rural rural-urban migration secondary and tertiary Secondary Sector Income sector at current share of primary sign shown significant stationary time series surplus labour tail test terms of trade tertiary sector trend growth rate urban centres urban population urbanisation variations wages workers