Pricing and inflation in India /

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Bibliographic Details
Author / Creator:Balakrishnan, Pulapre
Imprint:Delhi ; New York : Oxford University Press, 1991.
Description:xix, 271 p. ; 23 cm.
Language:English
Subject:
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/1387637
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ISBN:0195628330 : Rs275.00
Notes:Study covers the period, 1950-1980.
Includes bibliographical references (p. [247]-264) and index.
Table of Contents:
  • I. Overview. 1. Perspective. 1.1. Economic development and the price level. 1.2. Structuralist macroeconomics and inflation analysis. 2. A Simple Model. 3. An Outline of the Study
  • II. Prices and Output of Foodgrains. 1. The Performance of Foodgrains Production. 2. The Market for Foodgrains. 2.1. Public distribution. 2.2. Imports. 2.3. Procurement. 3. Government Intervention and Foodgrain Prices. 3.1. Public distribution, the source of supply and market prices. 3.2. Procurement policy and market prices. Price intervention and market prices: an empirical study. 4. Government Intervention and Market Prices, 1950-80. 5. Output and Prices in the Foodgrains Sector. 5.1. Specification. 5.2. Estimates. 6. Conclusion
  • III. Prices, Costs and Output in Manufacturing Industry. 1. Market Structure in Indian Industry. 2. Price Theory and Oligopoly. 2.1. The 'full-cost' principle. 2.2. Kalecki on the theory of pricing. 2.3. A concluding remark on price theory. 3. Manufacturing Industry in the Indian Economy: An Overview of Trends. 3.1. Output. Industrial growth and the terms of trade. 3.2. Prices, costs and activity. 3.3. Wages. 4. Output, Prices and Costs in Industry. 4.1. Industrial output. 4.2. Prices. 4.3. Wages. Issues in wage determination. Modelling money-wage changes in Indian industry. 4.4. Raw-material costs. 5. Conclusion
  • IV. Money. 1. The Demand for Money. 1.1. Interest rates and the demand for money. 1.2. The demand for money in the Indian economy. 2. The Financial System in the Indian Economy. 2.1. Principal features. 2.2. The interest rate regime. 2.3. The money supply implications of the financial system. 3. Sources of the Variation in the Money Stock, 1950-80. 4. Monetary Growth and Inflation in India. 5. Conclusion
  • V. The Anatomy of Indian Inflation, 1950-80. 1. Economic Development and Inflation in India: Some Stylized Facts. 2. An Econometric Model of Indian Inflation. 3. The Inflationary Process in the Indian Economy, 1950-80: An Interpretation.