Titlebook: India‘s New Economy; Industry Efficiency Jati Sengupta,Chiranjib Neogi Book 2009 Palgrave Macmillan, a division of Macmillan Publishers Li

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Industrial Productivity in the New Economy,orts and greater indebtedness on the external front. Contrary to expectations, the propagandists welcomed the ‘New Economic Policy’ because they thought that this policy would correct the deficiencies that were inherent in the earlier strategy of bureaucratic control.

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Industry Efficiency Analysis,s not postulate any functional form of the production or cost frontier. In order to obtain reliable estimates of the production frontier, one may adopt smoothing methods and outlier rejection techniques for the observed data on inputs and outputs and then apply the DEA method to estimate the product

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Overview: This book examines India‘s new economy - its strengths, weaknesses and potential. The book covers three key areas of growth in India‘s economy - the IT (information technology) sector, export trade (with its externality effects) and the financial sector (in particular, banking reforms).978-1-349-29993-5978-0-230-22824-5

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