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Feldman–Mahalanobis model

Index Feldman–Mahalanobis model

The Feldman–Mahalanobis model is a Neo-Marxian model of economic development, created independently by Soviet economist Grigory Feldman in 1928, and Indian statistician Prasanta Chandra Mahalanobis in 1953. [1]

35 relations: Agriculture, Autarky, Capacity utilization, Das Kapital, Developing country, Development economics, Domestic policy, Economic growth, Economy, Economy of India, Final good, Five-Year Plans of India, Foreign-exchange reserves, Gosplan, Grigory Feldman, Harrod–Domar model, Import, India, Inflation, International trade, Investment, Jawaharlal Nehru, Karl Marx, Money supply, Neo-Marxian economics, Policy, Prasanta Chandra Mahalanobis, Production (economics), Secondary sector of the economy, Soviet Union, Statistician, Strategy, Tax, The American Economic Review, The Review of Economics and Statistics.

Agriculture

Agriculture is the cultivation of land and breeding of animals and plants to provide food, fiber, medicinal plants and other products to sustain and enhance life.

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Autarky

Autarky is the quality of being self-sufficient.

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Capacity utilization

Capacity utilization or capacity utilisation is the extent to which an enterprise or a nation uses its installed productive capacity.

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Das Kapital

Das Kapital, also known as Capital.

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Developing country

A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.

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Development economics

Development economics is a branch of economics which deals with economic aspects of the development process in low income countries.

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Domestic policy

Domestic policy are administrative decisions that are directly related to all issues and activity within a nation's borders.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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Economy of India

The economy of India is a developing mixed economy.

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Final good

In economics, any commodity which is produced and subsequently consumed by the consumer, to satisfy his current wants or needs, is a consumer good or final good.

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Five-Year Plans of India

From 1947 to 2017, the Indian economy was premised on the concept of planning.

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Foreign-exchange reserves

Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay if need be its liabilities, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions.

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Gosplan

The State Planning Committee, commonly known as Gosplan (Russian: Госпла́н), was the agency responsible for central economic planning in the Soviet Union.

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Grigory Feldman

Grigory Alexandrovich Feldman (1884–1958) was a Russian mathematician and economist.

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Harrod–Domar model

The Harrod–Domar model is a classical Keynesian model of economic growth.

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Import

An import is a good brought into a jurisdiction, especially across a national border, from an external source.

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India

India (IAST), also called the Republic of India (IAST), is a country in South Asia.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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International trade

International trade is the exchange of capital, goods, and services across international borders or territories.

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Investment

In general, to invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development.

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Jawaharlal Nehru

Jawaharlal Nehru (14 November 1889 – 27 May 1964) was the first Prime Minister of India and a central figure in Indian politics before and after independence.

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Karl Marx

Karl MarxThe name "Karl Heinrich Marx", used in various lexicons, is based on an error.

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Money supply

In economics, the money supply (or money stock) is the total value of monetary assets available in an economy at a specific time.

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Neo-Marxian economics

The terms neo-Marxian, post-Marxian and radical political economics were first used to refer to a distinct tradition of economic thought in the 1970s and 1980s.

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Policy

A policy is a deliberate system of principles to guide decisions and achieve rational outcomes.

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Prasanta Chandra Mahalanobis

Prasanta Chandra Mahalanobis OBE, FNA, FASc, FRS (29 June 1893 – 28 June 1972) was an Indian scientist and applied statistician.

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Production (economics)

Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).

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Secondary sector of the economy

The secondary sector of the economy includes industries that produce a finished, usable product or are involved in construction.

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Soviet Union

The Soviet Union, officially the Union of Soviet Socialist Republics (USSR) was a socialist state in Eurasia that existed from 1922 to 1991.

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Statistician

A statistician is a person who works with theoretical or applied statistics.

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Strategy

Strategy (from Greek στρατηγία stratēgia, "art of troop leader; office of general, command, generalship") is a high-level plan to achieve one or more goals under conditions of uncertainty.

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Tax

A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

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The American Economic Review

The American Economic Review is a peer-reviewed academic journal of economics.

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The Review of Economics and Statistics

The Review of Economics and Statistics is a peer-reviewed academic journal covering applied quantitative economics.

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Redirects here:

Feldman-Mahalanobis model, Mahalanobis model.

References

[1] https://en.wikipedia.org/wiki/Feldman–Mahalanobis_model

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