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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
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that the since these agreements do not specifically prescribe a particular standard, countries such as India have a … decisions. Such a stance goes against the very objective of labeling standards. Moreover, considering India's requirement of a …
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This paper reconsiders two questions relating to India's economic growth: structural breaks in growth and the impact of … post-independence India has witnessed four structural breaks: in 1964-65, in 1978-79, in 1990-91, and in 2004-05. However …
Persistent link: https://www.econbiz.de/10012136993
In this paper we present a model of optimizing behavior in a two-sector, centrally planned, economy that faces a given interest rate and that is capable of generating sustainable growth. By allowing the model economy to benefit from innovations at the technology frontier through a simple process...
Persistent link: https://www.econbiz.de/10013033448
In this paperwe explore howinnovation and structural change affected economic development in the long run, by which we mean a period such as the one between the industrial revolution and the present. We separate the period since the industrial revolution into two sub periods, which we call...
Persistent link: https://www.econbiz.de/10013403400
Population growth is one of the fundamental factors that directly determine the supply of human resources which are indisputably critical for production. Population growth plays a pivotal role in country's economic development trajectory. Most economically developed countries have significantly...
Persistent link: https://www.econbiz.de/10012952818
[This paper reexamines the question of the India's growth takeoff using newer data and time series analysis. By …, econometric tests are more ambiguous about the breakpoint in India's economic growth; accounting for droughts however restores the … 1980 breakpoint. Second, using national account data to construct a long time series on India's government deficits and …
Persistent link: https://www.econbiz.de/10012889537
reconnected to the mainstream economic activities of India. Gauging through the historical factors responsible for the economic … of production and demand-supply relations. They also present a comprehensive data set explaining the value chain analysis …
Persistent link: https://www.econbiz.de/10014193656