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Purpose – The purpose of this paper is to study the dynamics of the distribution of per capita income of Indian states in the post-reform period, in order to identify trends towards convergence-club formation, polarization or stratification during this period. Design/methodology/approach –...
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The objective of this paper is to study the dynamics of the distribution of regional per capita income of Indian states in the post reform period, in order to identify trends towards convergence-club formation, polarisation or stratification during this period. We adopt the distribution dynamics...
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Economic growth and convergence of economies are generally considered to be long-run phenomenon. These long-run discussions some time disguise the actual short-run and medium-run dynamics of the distribution and produce an average result, which not only hide intricate details of the...
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