Economic reforms and infrastructure growth, Microeconomics

Economic Reforms and Infrastructure Growth

Infrastructure data for the pre-reform period (1980-81 to 1990-91) is with1980-81 as base year and for post-reform period (1993-94 to 2003-04) is with1993-94 as base year. In that sense, the growth rates are not strictly comparable,but they are indicative of the trend. 

Data provided in table 8.11 reveal that in case of saleable steel and cement, growth rates in the post-reform period were higher than in the pre-reform period. In the case of steel, growth rate during 1993-94 to 2002-03 was 9.5 per cent as against only 4.9 per cent in the 1980s. Similarly, in the case of cement, growth rate in the post-reform period was 8.2 per cent as against 4.0 per cent in the pre- reform period. But it may be pointed that in both these cases, the withdrawal of state control in pricing carried out in the 1980s was responsible for the uptrend in the post-reform period.

Posted Date: 11/15/2012 2:42:47 AM | Location : United States







Related Discussions:- Economic reforms and infrastructure growth, Assignment Help, Ask Question on Economic reforms and infrastructure growth, Get Answer, Expert's Help, Economic reforms and infrastructure growth Discussions

Write discussion on Economic reforms and infrastructure growth
Your posts are moderated
Related Questions
Determinants of the price elasticity of demand are explained below: 1. Number of close substitutes present within the market - The more and closer substitutes available in the

Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.

What is Demand Forecasting? Explain in brief various methods of forecasting Demand.

HOW TO REDUCE SMOKING USING INDIFFERENCE S AND BUDGETLINE

Where minimum efficient scale is very huge for capital intensive operations, it may be more cost effective to allow one company to spread its fixed costs over a very huge number of

What are expansionary and contractionary effects?  Expansionary effect refers to the effect of raising the equilibrium level of national income. For example, an increase in gov

The largest public utility company in New South Wales (NSW) is the sole provider of electricity across all regions in the state. The monthly demand for electricity in NSW is given

how do you find the average fixed costs using total fixed costs and total product?

Arbitration The use of a third party to describe between two sides dead locked in a negotiation. The arbitrator's decision can be binding or not binding, as before agreed upon

Determinants of Private Demand - Gender Hypothetically, let us consider a family with two children, a boy and a girl. Let it be that both of them qualify in an entrance exami