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We document the divergence of per capita incomes across states in India between 1960 and 1996. We find that differences in the evolution of state-specific productivity can account for most of the observed increase in income disparities across Indian states during this period.
Persistent link: https://www.econbiz.de/10010554648
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South Korea's growth miracle has been well documented. A large set of institutional and policy reforms in the early 1960s is thought to have contributed to the country's extraordinary performance. In this paper, we assess the importance of one key set of policies, the trade policy reforms in...
Persistent link: https://www.econbiz.de/10011080612
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What effects do more open trade policies have on transitional and long run growth rates? This is the central question in trade and growth. Yet, despite numerous empirical studies over the past twenty-five years there are almost no enduring, robust results on the importance of (openness to) trade...
Persistent link: https://www.econbiz.de/10005051420