Nell, Kevin S. - In: Cambridge Journal of Economics 37 (2013) 1, pp. 113-141
This paper formalises the balance-of-payments-constrained (BPC) growth model in a two-regime framework to re-examine India's growth transition in 1980 from a demand-side perspective, as an alternative to the 'supply-oriented' approaches of previous studies. The results provide strong evidence of...