This paper tests a neo-Schumpeterian model with industry-level data to analyze how Brazil, India, and China are catching up with South Korea’s technological frontier in a globalized world. The paper validates Aghion et al.’s inverted-U hypothesis that industries that are closer to the...

"India is one of the fastest growing countries in the world but high economic growth has been accompanied by social stratification and widening economic disparity between states. This study provides a comprehensive picture of uneven growth and development within regions in India. Inclusive...