Economic reforms and infrastructure growth, Microeconomics

Assignment Help:

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.


Related Discussions:- Economic reforms and infrastructure growth

Subject matter of economics, Ask factor affects elasticity of demandquestio...

Ask factor affects elasticity of demandquestion #Minimum 100 words accepted#

Subsitution and income effect, subsitution effect dominate tha income effec...

subsitution effect dominate tha income effect in which good case?

MBA, The market demand for brand X has been estimated as Qx=1500-3Px-0.05I-...

The market demand for brand X has been estimated as Qx=1500-3Px-0.05I-2.5Py+7.5Pz Where Px is the price of brand X, I is per-capita income, Py IS the price of brand Y, and Pz is th

Psychology, How might you determine whether flute-playing ability is a high...

How might you determine whether flute-playing ability is a highly heritable trait? If you want to improve your flute playing and someone tells you that musical ability is heritable

Demand Supply, Ask qIf the supply and demand curves for labor are represent...

Ask qIf the supply and demand curves for labor are represented by the following equations: Wd= -- (1/100)Ld + 30 Ws= (1/200)Ls Ws=Wd Ld=Ld a. Graph the results and show the equili

Law of demand, Give two level of incomes 100$ and 150$ DRAW demand curve fo...

Give two level of incomes 100$ and 150$ DRAW demand curve for individual a & b and then draw market demand curve for these two different kind of income

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd