Domestic Product at Current and Constant (2004-05) Prices in India: Issues in Estimation of Communication Sector
R P Katyal
This paper examines the estimation procedure of domestic product for communication sector in India at constant prices. It is observed that the methods used for estimating domestic product at constant prices suffer from serious flaws with respect to communication sector. When corrected by using a simplified method, it is found that the growth in real terms in communication sectors during 2004-12 is much lower than the reported figures.
National Growth and Macroeconomic Centre
Computable General Equilibrium Modelling and Policy Analysis
States, Sectors, Surveys, and Impact Evaluation
Agriculture and Rural Development