Theses And Dissertation

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    Growing urbanization and economic development in india: The role of middle class
    (Central University of Punjab, 2013) Jindal, Neha; Singla, Naresh
    In the present study entitled "Growing Urbanization and Economic Development in India: The Role of Middle Class", examined that the growing urbanization leads to economic development by creating new rising middle class. The assessment is based mainly on secondary data which is analyzed using correlation, multiple regression analysis by testing of improvement of fit, path analysis and simple averages. The determinants of the size and growth of the middle class and role of middle class in economic development are also examined in this study. Size of middle class is associated with growing urbanization, higher school enrollment, higher share of service and industrial sector in GDP than agriculture sector and lower fertility. Using the definition of middle class given by NCAER and data on various determinants of middle class spanning the period 1990-2010, the multiple regression analysis by testing the improvement of fit, has been carried out to know the significant variables. And find that a larger middle class influenced through the growing urbanization and tertiary school enrollment. It was also found out that middle plays a positive role in economic development by regressing the size of middle class on HDI, GDP per capita and gross capital formation (parameters of ii economic development). The estimates show the positive and significant relation between them. Further through path analysis technique the significance of direct and indirect paths between various variables is analyzed. A casual model is proposed showing that the growing urbanization and tertiary school enrollment leads to rising new middle class and further the higher size of middle class leads to effect positively the HDI, GDP per capita, gross capital formation. The model coming out to be over identified and the estimates revealed that variables in the model are significant and the R2 in every path is high. Showing that each variable in the model has its own significant importance important. But the overall model is coming out to be bad fit. This is the limitation of the study and may be due to less number of observation and paths taken in the model.
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    Structural changes and pattern of agricultural development in punjab economy
    (Central University of Punjab, 2014) Rani, Poonam; Singla, Naresh
    This study analyses the structural changes and pattern of agricultural development witnessed by Punjab economy over 1981-2010 period. Typically, it presents a quantitative analysis of sectoral trends in Punjab economy and its relative economic performance with major Indian states. The study finds that Punjab is no more an agrarian state. In sectoral distribution of GSDP, share of primary sector in GSDP has declined from 40 per cent in 1980-81 to 25 per cent in 2009-10, while that of secondary and tertiary sectors has increased from 17 per cent to 30.8 per cent and 42.9 per cent to 44 per cent respectively during the same period. The GSDP growth rate during 1980-81 to 2009-10 was only 3 per cent in primary sector as against 6.6 per cent in secondary and 4.76 per cent in tertiary sector. The work force engaged in agriculture (cultivators and labourers) declined from 58 per cent in 1981 to 35 per cent in 2011. The decline in capital and development expenditure and rise in non-development expenditure has a capacity to crowd out private and public investment. The relative economic performance vis-a-vis other major Indian states shows that Punjab has slipped from a leading state to a laggard state in terms of per capita income. The down turn in economic growth ii was more severe during post reform period. The pattern of agricultural development in shows that Punjab economy has developed into highly mechanized agriculture with input usage of the highest order. There is stagnation in production of major food gain crops in Punjab. Thus, there is need to rejuvenate the Punjab economy by diversifying agricultural sector to more commercial agri- business sector which will also take care of industrialization, particularly in rural areas.