ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Theory and Practice of Estimating Domestic Resources Cost in India

This paper discusses the specific deficiencies of the present DRC estimation practices in India and what can be done to improve upon them keeping in view the theoretical backdrop and recent developments. In doing so, certain estimation problems faced by the researchers are raised. It is maintained that alternatives exist to tackle the problems of estimation which should be adapted in analyses of DRC-based comparative advantage of Indian industry.

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