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|Title:||A TIME SERIES ANALYSIS OF LONG TERM CAPITAL FORMATION IN INDIA|
|Publisher:||Vidyasagar University , Midnapore , West-Bengal , India|
|Series/Report no.:||Vidyasagar University Journal of Commerce;2007|
|Abstract:||This paper studies the capital formation in the Indian Economy over a 34 year period between 1970 and 2004. Three measures of capital formation including Gross Fixed Capital Formation, Gross Domestic Capital Formation, and Net Domestic Capital Formation are studied. Special attention is paid towards any potential impact of economic liberalization on capital formation in India. All the measures of capital formation have strongly positive time trends. Economic liberalization is found to have no statistically significant impact on any measure of capital formation.|
|Description:||21 - 31|
|Appears in Collections:||Vidyasagar University Journal of Commerce Vol.12 |
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