An Evaluation of Econometric and Mathematical Programming Models useful for Planning the Agricultural Sector in India

Pant, S.P. and Thompson, W.N. (1970) An Evaluation of Econometric and Mathematical Programming Models useful for Planning the Agricultural Sector in India. PhD thesis, University of Illinois.

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Abstract

An economy is a system, an exceedingly complex probabilistic system. According to classical theory, the information flowing in this system consists of price signals to which individuals and groups respond mainly in terms of self - interest and in the process make the system efficient, stable and even progressive. However, as Richard stone has pointed out. ''Not too long ago people wished to believe this story. But imperfections of 'laissez faire' as a mode of economic organization are so glaring that either it has been thrown out altogether, as in socialist countries , or modified by state intervention in others." State intervention in the socio-economic system varies greatly between different countries. In some countries the state intervention may be comprehensive and all pervasive.....

Item Type: Thesis (PhD)
Author Affiliation: University of Illinois
Subjects: Social Sciences > Agricultural Economics
Divisions: General
Depositing User: Mr. SanatKumar Behera
Date Deposited: 04 Jul 2013 03:58
Last Modified: 04 Jul 2013 03:58
URI: http://eprints.icrisat.ac.in/id/eprint/10851

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