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hypothesis of growth transitions. The results show that the first phase of India’s faster-growing regime during 1980-2002 was … significant amount of untapped long-run growth potential. Consistent with the prediction of the model, the growth surge … experienced during 2003-2007 reflects the capital accumulation-driven part of the growth transition. Despite the turbulent years …
Persistent link: https://www.econbiz.de/10010842589
economic growth and the overall trend in gross domestic savings over the course of planned development in India. The empirical … study confirms the existence of bi-directional granger causality between domestic savings rate and GDP growth for India …A brief look at the prime macroeconomic variables affecting economic growth in the country confirms the key role of the …
Persistent link: https://www.econbiz.de/10012925717
India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high … growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the … ahead will be more difficult in view of the protracted slowdown in global growth and trade. …
Persistent link: https://www.econbiz.de/10011242441
Budget Speech by Chidambaram.
Persistent link: https://www.econbiz.de/10011133272
of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then …
Persistent link: https://www.econbiz.de/10011142116
This study investigates the determinants of savings behavior in India and the direction of causality between savings … and income per capita as these have important implications for development policy. We estimate long-run savings functions … access to banking facilities significantly improves savings in India. On the other hand, foreign savings and public savings …
Persistent link: https://www.econbiz.de/10008500400
Persistent link: https://www.econbiz.de/10010250742
We use consumption expenditure data from the National Sample Surveys (1993-94 and 2009-10) and decompose the overall inequality in total consumption expenditure by different sources (food, education, health, durable goods and other items). Findings indicate that food expenditures which are the...
Persistent link: https://www.econbiz.de/10011207128
The paper adds to the existing work on Inequality of Opportunity in India and using data and techniques proposed in earlier studies, estimates inequality of opportunity in academic ability of Indian males. Taking data from India Human Development Survey (2004-05) and mean log deviation as the...
Persistent link: https://www.econbiz.de/10009021260
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in marginal products of labor and capital across...
Persistent link: https://www.econbiz.de/10009372619