Show simple item record

dc.contributor.authorVidya, C. T.
dc.contributor.authorAcharya, Debashis
dc.date.accessioned2010-11-02T20:37:23Z
dc.date.available2010-11-02T20:37:23Z
dc.date.issued2008-09
dc.identifier.urihttp://hdl.handle.net/1853/35675
dc.descriptionPresented at the GLOBELICS 6th International Conference 2008 22-24 September, Mexico City, Mexico.en_US
dc.description.abstractThis paper analyses the cyclical fluctuations of economic growth in India emphasizing upon the service sector for the period 1952 to 2006. Using Hodrick and Prescott (HP) Filter method, we estimate the trend components and cyclical components of real GDP, agriculture, services and industry. The results show that service sector is subject to less cyclical volatility as compared to other sectors. Hence, it can be argued that service sector is more stable than industrial sector. After estimating the trend series, we again apply H-P filter method on the series of output deviation to derive cyclical movements and irregular components or short-term shocks. Thus the economy had undergone one completed business cycle and other ongoing cycle during the period of study.en_US
dc.language.isoen_USen_US
dc.publisherGeorgia Institute of Technologyen_US
dc.relation.ispartofseriesGLOBELICS06. Knowledge networks: agents and processes: Business cycle and the role of innovation networks in emerging technologiesen_US
dc.subjectServicesen_US
dc.subjectHodrick and Prescott methoden_US
dc.subjectBusiness cycleen_US
dc.titleCyclical Analysis of India’s Economic Growth: Is Service Sector Catching up?en_US
dc.typeText
dc.contributor.corporatenameIndian Institute of Technology (Madras, India)
dc.type.genreProceedings


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record