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| 1 |
ID:
159348
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| Summary/Abstract |
In our study, we attempt to produce a more up-to-date input–output (I-O) table for India based on the supply and use table (SUT) of the economy and the new series of National Accounts Statistics (NAS). The resulting table has been used to estimate output multipliers for 25 sectors, and these have been compared with multipliers from the last set of I-O officially estimated for the country in 2007–2008. A key difference between the two sets of tables is the inclusion of inputs in the public administration sector in the more recent one, as a result of which the Type-I multiplier of this sector is greater than one in the latter table compared to one in the former. For the same reason, the Type-II multipliers obtained from the 2013–2014 I-O table are broadly higher than those obtained from the 2007–2008 I-O table. Validation has also been done by comparing gross value added (GVA) as a basic price obtained from the national accounts data for 2013–2014 with the GVA arrived at from the constructed I-O table.
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| 2 |
ID:
133885
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| Publication |
2014.
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| Summary/Abstract |
Tourism is an increasingly popular global activity and contributes significantly to the GDP and employment of an economy. However, its contribution to an economy is difficult to quantify as it does not fall in the system of national accounts (SNA) due to the demand-driven nature of activity. Where core national accounts cannot provide the required information, SNA suggests the development of satellite accounts within the framework, concepts and definitions of SNA highlighting the particular aspect of the economy, which in this case is tourism. Tourism Satellite Account (TSA) is the most comprehensive way to measure the economic importance of tourism in national economies. This article presents a summary of the study on India's second TSA for 2009-10. It reveals that tourism's direct share in India's GDP is around 3.7 per cent and in employment is 4.4 per cent. Taking the indirect effects into account, these shares escalate to 6.8 and 10.2 per cent, respectively.
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