Abstract
In this paper, an attempt has been made to forecast science and technology expenditure of India by simulation method as well as by regression method. The base data used are the average yearly growth rates of science and technology expenditure both at current and constant prices. For the regression analyses, the yearly growth rates of the gross national product at factor cost both at current and constant prices are used as independent variable. The forecast values of S&T expenditure have been given up to seven years from 1982–83, for both simulation method and regression method.
Similar content being viewed by others
References
Research and Development Statistics 1982–83, 1980–81, 1978–79, 1976–1977, Department of Science and Technology, Government of India.
Economic Survey-1985–86 and 1984–85, Ministry of Finance, Government of India
H. M. WAGNER,Principles of Operations Research with Applications to Managerial Decisions, Prentice Hall of India. Private Limited.
S. PHILIPOSE,Operations Research — A Practical Approach, Tata, McGraw Hill Publishing Company Limited.
L. VENKATACHALAM, SAHITYA MUDRANALAYA,Essentials of Statistical and Quantitative Techniques for Management Decision Making.
J. N. KAPOOR, H. C. SAXENA,Mathematical Statistics, S. Chand and Company.
C. E. WEATHERBURN,A First Course in Mathematical Statistics, Cambridge University Press.
P. G. HOEL,Introduction to Mathematical Statistics, Wiley and Sons, USA.
Author information
Authors and Affiliations
Additional information
The content of the paper is the work of author's personal research and it does not reflect the views of the Government of India.
Rights and permissions
About this article
Cite this article
Rajeswari, A.R. Forecasting of science & technology expenditure of India by simulation method. Scientometrics 17, 227–251 (1989). https://doi.org/10.1007/BF02026412
Received:
Issue Date:
DOI: https://doi.org/10.1007/BF02026412