Showing 1 - 10 of 5,295
This paper makes an attempt to analyze the pattern of economic growth of North Eastern (NE) States of India and comparative levels of growth in other advanced Indian states. The North Eastern states are lagging far behind the advanced Indian states in terms of economic development. So it is...
Persistent link: https://www.econbiz.de/10013147829
The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …
Persistent link: https://www.econbiz.de/10010208649
The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …
Persistent link: https://www.econbiz.de/10011807674
Studies on Indian manufacturing have been unable to provide consistent estimates of productivity and its growth rates. This paper performs detailed and exhaustive set of accounting exercises for the period 1970-2003 using production function, index number and envelopment analysis methods. TFP...
Persistent link: https://www.econbiz.de/10012718180
This paper answers the puzzling questions that why under the similar set of economic conditions service sector in India grew while manufacturing could not and how economic reforms in 1990s accelerated the productivity growth. The paper provides a very innovative and convincing explanation. Two...
Persistent link: https://www.econbiz.de/10012718182
Constructing data series from various sources, I do comprehensive growth accounting for the Indian Economy. Without accounting for human capital, total factor productivity differences over time accounts for 48% to 69% of output variation. TFP growth accounts for 35% to 70% of the total GDP...
Persistent link: https://www.econbiz.de/10014214898
This paper compares and contrasts the growth experience of India with that of China. Chinese economy has grown at much faster rate than Indian, but India seems to be catching up. The average estimated productivity growth rate of China (5.9%) is more than double that of India (2.4%). The...
Persistent link: https://www.econbiz.de/10014216160
dataset. More than the catching-up effect, we will measure the convergence for three emerging countries: Brazil …/China/India. We will compare the convergence between these countries and the productivity frontier represented by the U.S. over the … higher the level of productivity in an industry, the lower its growth rate, showing a convergence to the productivity …
Persistent link: https://www.econbiz.de/10013076053
Market frictions prevent the efficient allocation of factors of production, slow down structural transformation and lead to costs in terms of lower output and aggregate total factor productivity (TFP). We use a theoretical framework developed by Aoki (2012) featuring sector-specific frictions on...
Persistent link: https://www.econbiz.de/10012960923
Finance is a vital ingredient for economic growth, but there can also be too much of it. This study investigates what fifty years of data for OECD countries have to say about the role of the financial sector for economic growth and income inequality and draws policy implications. Over the past...
Persistent link: https://www.econbiz.de/10013017061