Growth rate of Indian state's over time(1990-2019)

[Gaali_Gottam_Govinda]

Both CBN and YSR are the one's who robbed Andhra of high growth industries..... Hyd okati choopinchi remaining state ni matta kudipesaru. Manaki Hightech city Kokapet highrises chooskuni London NYC build up ichudu 

Tamil Nadu performed much better as a state as a whole. Their industrial and manufacturing industries is much larger.

Chennai is just a capital for them where as for us Hyd is everything. 

[11_MohanReddy]

1 hour ago, Teluguredu said:

It doesn't matter ,they are calculated seperately by using data from individual districts or revenue divisions.

They don't extrapolate anything as you have data from each revenue division or district.

You still are not getting the math. How can the average of growth rates of each district be the average growth of the state? Is the growth rate of each district weighed at 1:1 ratio? If that is true, then was Andhra Pradesh growth rate before 2014 calculated without Hyderabad taken into the growth rate? 

[Teluguredu]

1 minute ago, 11_MohanReddy said:

You still are not getting the math. How can the average of growth rates of each district be the average growth of the state? Is the growth rate of each district weighed at 1:1 ratio? If that is true, then was Andhra Pradesh growth rate before 2014 calculated without Hyderabad taken into the growth rate? 

Obviously it will be weighted average . Andhra growth rate was calculated by taking the GDP of all districts in it combined and calculating the weighted average based on the GDP.

[11_MohanReddy]

4 minutes ago, Teluguredu said:

Obviously it will be weighted average . Andhra growth rate was calculated by taking the GDP of all districts in it combined and calculating the weighted average based on the GDP.

Weighted average as in it will take into consideration the population or area of each district? So Hyderabad which is 60% of GDP of Telangana will be weighed at 40% because they are 40% in terms of population?

[Teluguredu]

28 minutes ago, 11_MohanReddy said:

Weighted average as in it will take into consideration the population or area of each district? So Hyderabad which is 60% of GDP of Telangana will be weighed at 40% because they are 40% in terms of population?

Weightage is based on the amount of GDP the state contributes 

It's just like how states contribute to the average growth of India.

It will be something like

Summation of 1...N districts ((GDP of the district previous year /GDP of the entire state in previous year )* (growth rate of the district )).

 

Population has nothing to do with TDP.

 

If hyderabad grows by 10% then it will contribute around 3% growth rate to entire telangana.

[11_MohanReddy]

6 minutes ago, Teluguredu said:

Weightage is based on the amount of GDP the state contributes 

It's just like how states contribute to the average growth of India.

It will be something like

Summation of 1...N districts ((GDP of the district previous year /GDP of the entire state in previous year )* (growth rate of the district )).

 

Population has nothing to do with TDP.

 

If hyderabad grows by 10% then it will contribute around 3% growth rate to entire telangana.

This is exactly what I am saying. California is 4 trillion, Vermont is 40 billion. If you take average weighing California:Vermont at 1:1 the weighted average will be 2 trillion per state. But California has 40 million while Vermont has 1 million. So if you take weighted average it will be (4*40+ 0.04*1)/41 = 3.9 billion which is more more representative weighted average of California and Vermont. 

Hyderabad contributes to 65% of TG economy. The rest of the districts contribute to 35%. So is your weighted average (Hyderabad+Warangal)/2 or (Hyderabad*8 + Warangal*1)/9 since Hyderabad has more people. If it is the former, the weighted average is skewed. 

 

 

[Teluguredu]

18 hours ago, 11_MohanReddy said:

This is exactly what I am saying. California is 4 trillion, Vermont is 40 billion. If you take average weighing California:Vermont at 1:1 the weighted average will be 2 trillion per state. But California has 40 million while Vermont has 1 million. So if you take weighted average it will be (4*40+ 0.04*1)/41 = 3.9 billion which is more more representative weighted average of California and Vermont. 

Hyderabad contributes to 65% of TG economy. The rest of the districts contribute to 35%. So is your weighted average (Hyderabad+Warangal)/2 or (Hyderabad*8 + Warangal*1)/9 since Hyderabad has more people. If it is the former, the weighted average is skewed. 

 

 

What is skewed?

It's very simple ,if California contributes 4 trillion and GDP of usa is 20 trillion then weight of California is 1/5 .so if California grows by 5% then it contributes 1/5*5 =1% growth to the entire us economy.

Vermont is 40 billion ,so if it grows by 5% then it contributes 0.01% growth rate to the u.s economy.

As simple as that.

GDP has nothing to do with population.its just overall growth of economy.