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A Perspective On Food Policies Evolution And Poverty In The Indian Republic (1950-2001), E. J. Wilson, D. P. Chaudhri

Faculty of Commerce - Papers (Archive)

This paper analyses the rural food sector of the Indian Republic in an intertemporal growth context. A model is developed which includes the government's conflict between its poverty reducing attempts through public distribution of food, subsidized issue and support food prices and long term developmental goals. The ARDL cointegration procedure for mixed order dynamic processes identifies the major determinants of rural head count poverty for the period, 1953-2000.

The long run elasticity estimates clearly show the real consumer subsidised issue price and the real producer support price dominate the quantity effects of the per capita public distribution on rural head …

Savings, Investment, Foreign Inflows And Economic Growth Of The Indian Economy 1950-2002, Reetu Verma, Edgar J. Wilson

Faculty of Commerce - Papers (Archive)

There is a large research literature on the roles of domestic savings and investment in promoting long run economic growth. This paper attempts to identiy the major interdependencies between savings, investment, foreign capital flows and real output for India since independence. An endogenous growth model of an open economy, with government, is adapted to specify the complicated theoretical interrelationships between sectors of a growing economy. The time series of real household, private corporate and public savings; private and public investment; foreign capital inflows and GDP are tested for stationary under structural change. Empirical estimation of the possible long run and …