Showing 1 - 10 of 17
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This paper evaluates the effect of shocks in government investment on private investment and national income, focusing on "crowding-in" or "crowding-out" effect in India. Recent studies do not deal with this issue by taking account of the heterogeneous effect of public investment as regards to...
Persistent link: https://www.econbiz.de/10011422039
The COVID-19 pandemic highlights the importance of information and communication technology (ICT) not only for the economy but also for human well-being. However, the investment gap in ICT infrastructure has been growing and is expected to reach more than $30 billion by 2040. We argue that one...
Persistent link: https://www.econbiz.de/10014077691
The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …
Persistent link: https://www.econbiz.de/10010208649
; Convergence ; Divergence ; Growth Regressions ; Common Factors …
Persistent link: https://www.econbiz.de/10009658258
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Despite having a low exposure to the toxic assets involved in the sub-prime crisis and a gradualist approach towards liberalization of the financial sector, certain parts of the Indian financial sector were significantly affected by the global financial crisis. The consequent tightening of...
Persistent link: https://www.econbiz.de/10010286095
Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10003963583
This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainability in terms of the maintenance of different forms of capital to ensure that future consumption...
Persistent link: https://www.econbiz.de/10003746246