Robertson, Peter E. - In: Indian Growth and Development Review 5 (2012) 1, pp. 51-69
neoclassical growth models is that capital accumulation is induced by both productivity growth and increases in investment rates …. Hence an upward trend in productivity growth has been more than twice as important as the doubling of the investment rate. A … provides quantitative estimates of the role of investment and productivity to India's growth based on the neoclassical growth …