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Theses/Dissertations

1994

Equilibrium

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Full-Text Articles in Physical Sciences and Mathematics

Three Aspects Of Industrial Dualism In A Developing Economy., Malbika Roy Dr. Feb 1994

Three Aspects Of Industrial Dualism In A Developing Economy., Malbika Roy Dr.

Doctoral Theses

The concept of duali sm which has remained central to the study of the by of economic development, was first developed process Lewis(1954) and then further extended by Fel and Ranis(1966). Lewis concelved of a developing economy as one typically consisting of two sectors: a modern sector identified with industry, and a traditional sector identified with agriculture. Resources flow from the traditional to the modern sector whlle the process of development continues. As a consequence, the modern sector grows and the traditional sector shrinks. Some of the other development economists used other facets of dualism. Harris-Todaro(1970) explained the process of …


Evaluating In Dual Economy Framework The Indian Industrial Performance During 1951-52 To 1989-90., R. Kavita Rao Dr. Feb 1994

Evaluating In Dual Economy Framework The Indian Industrial Performance During 1951-52 To 1989-90., R. Kavita Rao Dr.

Doctoral Theses

The primary goal of economic development is to achieve high rates of growth of outputs and incomes so to ensure high per as capita income and levels of living in the economy. In India, this was sought to be achleved, to a large extent, through a rapid expansion and growth of the industrial sector, as is evident in the emphasis placed on the industrialisation programmes in her various Five Year Plans. However, the growth of this sector has exhibited considerable ups and downs over the years, belying expectations. Quite expectedly, this has evoked substantial debate on the factors influencing and/or …


Walrasian Theory Without On Auctioneer: A Study Of Monetary Exchange Through Trading Posts And A Diagrammatic View Of Disequilibria., Meenakshi Rajeev Dr. Feb 1994

Walrasian Theory Without On Auctioneer: A Study Of Monetary Exchange Through Trading Posts And A Diagrammatic View Of Disequilibria., Meenakshi Rajeev Dr.

Doctoral Theses

The theory of Walrasian equilibrium yields a set of prices at which the aggregate competitive demand for each commodity equals its aggregate competitive supply. Two important issues arise in this context. The first is concerned with discovering laws which guide the behaviour of the many economic variables, especially prices, when the analyst m is out of equilibrium. Walras (1900) tackled this problem by providing an algorithm (or the stÃ¥tenement scheme") which can be viewed as an auctioneer quoting different peices for the various goods an. adjusting them according t the sigus of the resulting aggregate excess demands. This is the …