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The experience of India in economic catch-up is unique when compared to other countries. First, the catch-up process of India was not only service-led, but also accompanied by a decoupling between manufacturing and services. Second, productivity performance in the service sector was higher than...
Persistent link: https://www.econbiz.de/10013055683
India’s success story in services is well documented at the national level, but similar literature does not exist for India’s states. In this paper, we bridge this gap in research by looking at India’s services growth at the sub-national level and in doing so, also challenge existing...
Persistent link: https://www.econbiz.de/10014190407
dataset. More than the catching-up effect, we will measure the convergence for three emerging countries: Brazil/China … past 10 years. A first contribution is that as the distance between the level of labor productivity in Brazil (China, India …
Persistent link: https://www.econbiz.de/10013076053
Constructing data series from various sources, I do comprehensive growth accounting for the Indian Economy. Without accounting for human capital, total factor productivity differences over time accounts for 48% to 69% of output variation. TFP growth accounts for 35% to 70% of the total GDP...
Persistent link: https://www.econbiz.de/10014214898
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This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low … one form or the other, these distortions have implied significant transfers from households to firms. If China is to …
Persistent link: https://www.econbiz.de/10003758478
The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive "V"-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the...
Persistent link: https://www.econbiz.de/10014218314
This paper examines changes in regional inequality in India in the 1990s, using data for 210 of India's districts, spread across nine states. It provides a finer-grained quantitative analysis of growth patterns than has hitherto been attempted for India. The methodology is that of cross-section...
Persistent link: https://www.econbiz.de/10010227915
This paper examines changes in regional inequality in India in the 1990s, using data for 59 of India's 78 agro-climatic regions from the National Sample Survey. It extends the work of Singh et al. (2003) in two ways. First, it allows for differences in baseline growth performance across...
Persistent link: https://www.econbiz.de/10010212630