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Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed … considerably since India has opened up to world markets. This has fuelled high expectations that FDI may serve as a catalyst to … higher economic growth. We assess the growth implications of FDI in India by subjecting industry-specific FDI and output data …
Persistent link: https://www.econbiz.de/10010273162
Structural transformation in most currently developing countries takes the form of a rapid rise in services but limited industrialization. In this paper, we propose a new methodology to structurally estimate productivity growth in service industries that circumvents the notorious difficulties in...
Persistent link: https://www.econbiz.de/10014474491
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
This paper investigates the extent to which the decline in child mortality over the last three decades can be attributed to economic growth. In doing this, it exploits the considerable variation in growth over this period, across states and over time. The analysis is able to condition upon a...
Persistent link: https://www.econbiz.de/10010284804
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal … institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the … context of, and been influenced by, broader economic reform in India. …
Persistent link: https://www.econbiz.de/10010322734
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal … institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the … context of, and been influenced by, broader economic reform in India. …
Persistent link: https://www.econbiz.de/10010285330
This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with …
Persistent link: https://www.econbiz.de/10010285343