We compare economic efficiencies in Brazil, India, and China, where economic efficiency measures the gap between potential and actual output for a given input combination and technological factor. We use stochastic production frontier models to measure the contributions of factors of production...

India skipped the stage of industrialization and jumped straight to service stage form being agrarian economy during its economic evolution. This transition created a market in urban India but the benefits failed to percolate beyond the metro cities.Through revisit of SEZ policy, the government...

With India's GDP expanding at a rate above 8 percent in recent years, the debate about whether India is overheating revolves mainly about whether growth is above potential-that is, whether the economy is exceeding its quot;speed limit.quot; This paper attempts to shed light on this debate by...

We examine the growth performance of six emerging economies (Brazil, China, India, Indonesia, Russia and Turkey) in the last two decades and examine whether domestic structural constraints are affecting their present and future growth potential. In order to assess better the determinants of the...