Journal of Income & Wealth (The)
  • Year: 2015
  • Volume: 37
  • Issue: 2

Trend & growth of fixed capital stock in Bihar

  • Author:
  • Jitendra Kumar Sinha, Anita Verma1
  • Total Page Count: 11
  • Page Number: 136 to 146

GDM College, Patna, anita_verma55@rediffmail.com

*jksinha2007@rediffmail.com

JEL Classification: C13, C22, E22, H54

Abstract

This paper attempts to generate time series estimates ofnet fixed capital stock at disaggregate and aggregate level for Bihar for the period from 1980–81 to 2011–12 based on Kruger's Approach to estimate initial capital stock and then the perpetual inventory method for subsequent years. The paper also carry out analysis to examine long term trend behavior therein.

Keywords

Net Fixed Capital Stock, Perpetual Inventory Method, Relative Growth Rate, Turning Points