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compute capital and labor misallocations in China and India using data for 26 sectors over the period 1980-2010. Our findings … stemming from an efficient allocation of factors to range from 25% to 35% in China and from 35% to 40% in India. Finally, we …
Persistent link: https://www.econbiz.de/10012960923
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/10012388913
After 10 years of impressive growth, India is now the fourth largest economy in the world. Yet, to date, Indias' impact …
Persistent link: https://www.econbiz.de/10003790211
This paper explores macroeconomic policies that can sustain structural change in China and India. A two-sector open … economic activity is calibrated to a 2000 SAM for China and a 1999/2000 SAM for India. Short-run analysis concerns temporary … change ; endogenous productivity ; dual economy ; China ; India …
Persistent link: https://www.econbiz.de/10008937618
global one-sector model with demand determined outputs and bargained distribution to investigate whether India's growth … performance can be sustained, where the country might face constraints to growth, and how India's growth matters in the global … economy. -- structural change ; informal sector ; India ; global demand …
Persistent link: https://www.econbiz.de/10009553199
This paper explores the causes of India`s productivity surge around 1980, more than a decade before serious economic … response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in …
Persistent link: https://www.econbiz.de/10012783187
When India became a republic in 1950, the economy was primarily agrarian, with threefifths of output originating from … declining growth. In this paper, we describe India's economic foundation, paying particular interest to the processes of … independence. We then discuss the economic policies that have underpinned India's economic development. Next, we discuss the …
Persistent link: https://www.econbiz.de/10014233736
Using data on formal manufacturing plants in India, we report a large but imprecise speedup in productivity growth …
Persistent link: https://www.econbiz.de/10010600532
The story of South Asia is a topsy-turvy one. Soon after independence from British rule, the region seemed to have a much better prospect than many other parts of the Third World; the prospects soon dimmed, however, as South Asia crawled while East and Southeast Asia galloped away. But a large...
Persistent link: https://www.econbiz.de/10011913065
This articles emphasizes the important role of human capital, manufacturing and imports to increase real income per inhabitant and non-agrarian employment. Some researchers specialized in economic growth analyse the export-led growth in many countries and insist upon the importance of openness...
Persistent link: https://www.econbiz.de/10014215662