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Structural Changes in Indian Economy - An Input-Output Analysis

Author

Listed:
  • Poonam Munjal

    (National Council of Applied Economic Research, New Delhi, India)

Abstract

As the Indian economy has grown, it has witnessed several changes in its structure. The 1990s have been a period of transition and structural change for the Indian industrial economy. In this paper, it is attempted to study the structural changes in the Indian economy over a period of ten years using input-out analysis, which provides the tools necessary to evaluate industries, including their relationships to the rest of the economy. The present study adopts the technique called “Multiplier Product Matrix” to study these structural changes. The variations observed in the visual presentation of MPM analysis, denominated economic landscapes, show the changing linkages between the industries.

Suggested Citation

  • Poonam Munjal, 2007. "Structural Changes in Indian Economy - An Input-Output Analysis," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 42(1), pages 77-95, July.
    • Handle: RePEc:dse:indecr:v:42:y:2007:i:1:p:77-95
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    Citations

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    Cited by:

    1. A. O. Baranov & A. V. Goreev, 2022. "Analysis of the Multiplier Effects Produced by Investment in a Dynamic Input–Output Model," Studies on Russian Economic Development, Springer, vol. 33(6), pages 687-696, December.
    2. Poonam Munjal, 2013. "Measuring the Economic Impact of the Tourism Industry in India Using the Tourism Satellite Account and Input—Output Analysis," Tourism Economics, , vol. 19(6), pages 1345-1359, December.
    3. Yang Wei & Boyang Sun, 2021. "Optimizing Water Use Structures in Resource-Based Water-Deficient Regions Using Water Resources Input–Output Analysis: A Case Study in Hebei Province, China," Sustainability, MDPI, vol. 13(7), pages 1-15, April.
    4. Mohd Fayaz & Sandeep Kaur, 2022. "India’s Merchandise Exports to Asia: A Constant Market Share Analysis," Foreign Trade Review, , vol. 57(2), pages 178-197, May.
    5. Mohd. Fayaz & Sandeep Kaur Bhatia, 2018. "Technological Intensity of Indian Exports and the Performance of Emerging Asian Economies," Emerging Economy Studies, International Management Institute, vol. 4(1), pages 62-77, May.
    6. Yongming Huang & Mohammad Haseeb & Jamal Khan & Md. Emran Hossain, 2023. "Structural changes and economic landscape of the Indian economy: 2000‐2019," Review of Development Economics, Wiley Blackwell, vol. 27(1), pages 395-422, February.

    More about this item

    Keywords

    Key sectors; Input-Output analysis; Backward Linkages; Forward Linkages;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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