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 …

investment and growth. This article therefore, aims to analyze partial privatization, and restructuring of India's state … growth since India transferred to market-based prices and incentives with better contract enforcement. In the manufacturing …

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given …

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial … market development could, therefore, turn out to be key. -- Business cycle accounting ; rebalancing growth ; financial …

This paper presents estimates of world output growth from 1970 to 2000, the distribution of income among countries and … growth and changes in global income inequality and poverty. The authors find that rapid growth in China (despite a downward … adjustment of official growth estimates) had a powerful impact on the growth of world output in both the 1980s and 1990s, but …

allocation of infrastructure across agriculture and manufacturing. We find: 1. The growth maximizing share of public capital … growth models. 3. Growth rates are decreasing in manufacturing tax rates and increasing in agricultural tax rates. -- Indian … Economic Growth ; Structural Transformation ; Unbalanced Growth ; Public Capital ; Two-Sector OLG Growth Models …

growth indicators to investigate the nexus between developments in financial intermediation with the economic growth for … financial infrastructure variables are complementary or a substitute for economic performance? and in what way economic growth … infrastructure led economic growth. Finance is found to be a leading sector only in the short-term link in Granger causality tests …