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This paper examines long-run growth performance and regional divergence in per capita income across 15 major Indian … states during the pre- and post-reform periods. Evidence shows that the divergence has increased the post-reform period. The … divergence has been due to inter-state variations in production structures, human capital and infrastructure. Larger public …
Persistent link: https://www.econbiz.de/10010781177
convergence point. Improving its total-factor productivity is thus the key to solving the country’s low living standard. …
Persistent link: https://www.econbiz.de/10008677419
national interest. Growth theory provides a powerful analytical framework to analyse the issue of regional convergence. Given … empirically if there is any evidence of convergence across different regions of Pakistan. The study utilises the conventional … sectors. As expected, no evidence of absolute convergence could be observed obviously due to presence of vast differences …
Persistent link: https://www.econbiz.de/10011166997
Beginning in the 1980s, India has experienced an acceleration of economic growth by way of a promotion of a more efficient pro business and market oriented model. Following the rapid growth of the 1980s, the 1990s brought continued deregulation through market liberalization policies and...
Persistent link: https://www.econbiz.de/10013089572
In this paper, we examine the growth convergence hypothesis within a developing country. Across Indian states, income …
Persistent link: https://www.econbiz.de/10012707222
In this paper, we test the neoclassical growth model and its main prediction of conditional convergence of productivity …-1998 and 1998-2002 and confirm the convergence hypothesis only for the last period of transition, while in the early transition … results, however, should not yet be intepreted as a sign of a pfirmenent return to convergence in transition countries as they …
Persistent link: https://www.econbiz.de/10010313244
This paper examines the evidence for regional convergence or catch-up in levels and growth rates of per capita income …, Re-Weighted Least Squares, and Least Trimmed Squares - establish that unconditional convergence in growth rates does not … obtain, but that there is clear and robust evidence of conditional convergence. This suggests that important differences …
Persistent link: https://www.econbiz.de/10010605213
, productivity growth was propelled by technological progress. We find a tendency toward convergence with regard to productivity …
Persistent link: https://www.econbiz.de/10010868905
This paper studies the role of internal migration in income convergence across regions in Japan. Neoclassical theory … predicts that migration should have been an important source of convergence, but regression results suggest otherwise. The … shown that, although this effect did slow down convergence, its magnitude was too small to account for the discrepancy …
Persistent link: https://www.econbiz.de/10005123658
selection results identify a role for conditional convergence, physical and human capital formation, population growth, degree …
Persistent link: https://www.econbiz.de/10005047864