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factor productivity. We argue that public capital, predominantly manifesting through infrastructure, constitutes an … indispensable element for fostering growth. Fundamental to the productivity of private capital is its reliance on a sufficient stock … substantive long-term influence on output growth and the productivity of private capital. However, in the short term, the …
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India witnessed high levels of growth in the last decade but national levels of poverty and inequality remain high … association between infrastructure and growth. However, it is not necessary that economic growth attributable to infrastructure … category with an average PCNSDP much above India’s, and they managed to grow in terms of their infrastructure endowments. They …
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