Taking the structuralist approach as a starting point, this dissertation constructs a computable general equilibrium model for India using the social accounting matrix framework and along the lines of Lance Taylor's modelling of developing countries. The model is used to test the structuralist theories on the effects of a devaluation. The dissertation extends the testing of these models in two respects. First, by organizing the data in the form of traded and non-traded goods it studies the macroeconomic responses at a greater level of disaggregation than has been attempted earlier. Second, by constructing social accounting matrices for three time periods and using these to simulate the model, it examines the robustness of the predictions of the structuralist theories. The results indicate that the outcome of a devaluation depends on the structure of the economy and on the extent of the elasticity of exports, thus, generally supporting the structuralist theories.
| Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.72102 |
| Date | January 1987 |
| Creators | Nigam, Ashok Kumar |
| Publisher | McGill University |
| Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
| Language | English |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
| Format | application/pdf |
| Coverage | Doctor of Philosophy (Department of Economics.) |
| Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
| Relation | alephsysno: 000554161, proquestno: AAINL44390, Theses scanned by UMI/ProQuest. |
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