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[This paper reexamines the question of the India's growth takeoff using newer data and time series analysis. By carefully accounting for structural breaks and stationarity issues and using a longer times series, we address the lacuna in previous econometric investigations into the Indian...
Persistent link: https://www.econbiz.de/10012889537
The essence of sustainable development stresses the co-development of social, environment and economics. With the help from Rostow’s Stages of Growth Model, we try to figure out the stage where India is now currently in. As many of the previous studies show that there are serious pollution...
Persistent link: https://www.econbiz.de/10014155900
This study applies the Balance of Payments Constrained Growth (BPCG) model to India, a large developing country with a relatively low trade to GDP ratio. Rather than assuming similar elasticities of substitution between goods produced in different regions, the study extends the model to relax...
Persistent link: https://www.econbiz.de/10011527418
As per the balance of payments constraint hypothesis, in an open economy, achieving a high long-run rate of growth would require a country to reduce its balance of payments constraint through an improved export performance, and the production of import substitutes, which would lower the income...
Persistent link: https://www.econbiz.de/10008937471
Persistent link: https://www.econbiz.de/10011337855
The paper made a comprehensive analysis of public debt and outstanding liabilities on Haryana with a view to understand whether public debt is used for accelerating growth and development or it is result of misplaced spending priorities by the incumbent governments mainly by opportunistic...
Persistent link: https://www.econbiz.de/10012955458
The view that the Indian economy would be less adversely affected by the global economic crisis because of limited integration and other inherent strengths has proved to be wrong. The economic boom in India that preceded the current downturn was dependent upon greater global integration in three...
Persistent link: https://www.econbiz.de/10013152284
Economic growth is an engine of economic development, but it also causes various emissions and depletion of natural resources. Economic growth at the cost of environment is hazardous. Therefore, economic growth should be supplemented with environmental management, which is nothing but green...
Persistent link: https://www.econbiz.de/10012921511
This paper reviews the recent trends in agricultural investments (both public and private) and tries to find structural breaks in the trends over the period of 1960-2017. Comparing the growth performance of investments and farm output (GDPAg and production) in various sub-periods based on...
Persistent link: https://www.econbiz.de/10012671906
While ongoing analysis will shed light on why inflation has been so contagious, several factors are likely at play and continue to pose risks to inflation, which although declining in 2023 appears to have left the bitter effects of the exchange rate behind unbalanced exchange rate.While the Bank...
Persistent link: https://www.econbiz.de/10014345396