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Looking Beyond the Methods : Productivity Estimates and Growth Trends in Indian Manufacturing
Gupta, Abhay - 2009
, index number and envelopment analysis methods. TFP growth rate average is 1.1% for both gross output based and net value …. Share of capital is constantly increasing. For the period just after the reforms (1991-1997), input growth jumps but TFP … growth is negative. But after 1998, the trend reverses and output grows slowly despite negative input growth due to large TFP …
Persistent link: https://www.econbiz.de/10012718180
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Pre-Reform Conditions, Intermediate Inputs and Distortions : Solving the Indian Growth Puzzle
Gupta, Abhay - 2009
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
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Indian Economy - TFP or Factor Accumulation : A Comprehensive Growth Accounting Exercise
Gupta, Abhay - 2008
accounting for human capital, total factor productivity differences over time accounts for 48% to 69% of output variation. TFP … after using the Mincer wage regression coefficients, TFP growth still remains significant in explaining the output growth … improvement (TFP) rather than input accumulation growth …
Persistent link: https://www.econbiz.de/10014214898
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Comparing and Contrasting Growth of India with China
Gupta, Abhay - 2014
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
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Aggregate Productivity Growth in Indian Manufacturing: An Application of Domar Aggregation
Das, Deb Kusum; Kalita, Gunajit - 2009
Domar weights to computed total factor productivity (TFP) growth for selected 10, 2-digit industries for the period 1980 …
Persistent link: https://www.econbiz.de/10011807645
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Aggregate productivity growth in Indian manufacturing : an application of domar aggregation
Das, Deb Kusum; Kalita, Gunajit - 2009
Domar weights to computed total factor productivity (TFP) growth for selected 10, 2-digit industries for the period 1980 …
Persistent link: https://www.econbiz.de/10003863458
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India's economic growth: From socialist rate of growth to Bharatiya rate of growth
Virmani, Arvind - 2004
Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a telling comment and expose obscureeconomic data to a wider audience, but they can just as readily obscure reality byfocussing attention on the wrong issue. There is nothing in the...
Persistent link: https://www.econbiz.de/10011807532
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Sources of India's economic growth: trends in total factor productivity
Virmani, Arvind - 2004
Persistent link: https://www.econbiz.de/10011807541
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Deconstructing China's and India's Growth: the Role of Financial Policies
Aziz, Jahangir - 2008
This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10011807630
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Deconstructing China's and India's growth : the role of financial policies
Aziz, Jahangir (contributor) - 2008
This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10003758478