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India's economic growth: From socialist rate of growth to Bharatiya rate of growth
Virmani, Arvind - 2004
Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a …
Persistent link: https://www.econbiz.de/10011807532
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What Can Be Learned About the Economies of China and India from Purchasing Power Comparisons?
Heston, Alan - 2008
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10011807635
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Remoteness and unbalanced growth: Understanding divergence across Indian districts
Das, Samarjit; Ghate, Chetan; Robertson, Peter E. - 2013
, infrastructure, and literacy rates, as well as state-level effects, have all contributed to the lack of absolute convergence in India. …
Persistent link: https://www.econbiz.de/10011807674
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Desarrollo del mercado accionario y crecimiento económico: Alguna evidencia para la Argentina
Lanteri, Luis - 2013
This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...
Persistent link: https://www.econbiz.de/10010325080
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Sources of India's economic growth: trends in total factor productivity
Virmani, Arvind - 2004
Persistent link: https://www.econbiz.de/10011807541
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Deconstructing China's and India's Growth: the Role of Financial Policies
Aziz, Jahangir - 2008
This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10011807630
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Sectoral infrastructure investment in an unbalanced growing economy: The case of India
Ghate, Chetan; Glomm, Gerhard; Liu, Jialu - 2012
India. In addition to the changing employment and output shares of these two sectors, the capital output ratio in … agriculture in India has fallen, while it has risen in manufacturing. To match these observations we construct a two sector OLG …
Persistent link: https://www.econbiz.de/10011807668
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Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis
Mazzucato, Mariana; Wray, Larry Randall - 2015
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10011545297
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The economic problem: From barter to commodity money to electronic money
Kriegel, Jan - 2021
The success of alternative payment systems has led to discussion of various proposals to replace money with a new technology-based system, though many lack a clear idea of what exactly is the "money" they seek to replace. We begin by presenting the explanation of money's role in the economy...
Persistent link: https://www.econbiz.de/10012610210
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On the Causality Between Saving and Growth: Long- and Short-Run Dynamics and Country Heterogeneity
Andersson, Björn - 1999
The temporal interdependence between saving and output has been in focus in a number of recent empirical studies. Results from these studies have compelled some authors to question the traditional notion of a causal chain where saving leads growth through capital accumulation. This paper...
Persistent link: https://www.econbiz.de/10010321740