Growth Convergence and Spillovers among Indian States

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Publisher : International Monetary Fund
ISBN 13 : 1451982739
Total Pages : 36 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Growth Convergence and Spillovers among Indian States by : Sanjay Kalra

Download or read book Growth Convergence and Spillovers among Indian States written by Sanjay Kalra and published by International Monetary Fund. This book was released on 2010-04-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Convergence and spillovers across countries and within countries are old, but recurrent policy concerns, and India is no exception to this rule. This paper examines convergence and spillovers across Indian states using non-stationary panel data techniques. Results on convergence among Indian states are generally found to be similar, but more nuanced, than previous studies. Generally speaking, there is evidence of divergence over the entire sample period, convergence during sub-periods corresponding to structural breaks, and club convergence. There is strong evidence of club convergence among the high- and low-income states; the evidence for middle-income states is mixed. Dynamic spillover effects among states are small.

India's Growth Spillovers to South Asia

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Publisher : International Monetary Fund
ISBN 13 : 1463937741
Total Pages : 23 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis India's Growth Spillovers to South Asia by : Ding Ding

Download or read book India's Growth Spillovers to South Asia written by Ding Ding and published by International Monetary Fund. This book was released on 2012-02-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the role of India's economy in explaining the observed growth in South Asia, taking into consideration other sources of growth endogenous to the countries in the region. Since a review of key variables indicates that India's bilateral trade and financial linkages with South Asian countries (SAC) are relatively weak, the paper analyses the spillover effects by focusing on growth more generally with India's growth as an explanatory variable. The results of the panel growth regressions suggest that India's growth has good explanatory power for growth in other SAC after 1995.

Liberalization, Growth and Regional Disparities in India

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Publisher : Springer Science & Business Media
ISBN 13 : 8132209818
Total Pages : 238 pages
Book Rating : 4.1/5 (322 download)

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Book Synopsis Liberalization, Growth and Regional Disparities in India by : Madhusudan Ghosh

Download or read book Liberalization, Growth and Regional Disparities in India written by Madhusudan Ghosh and published by Springer Science & Business Media. This book was released on 2013-01-18 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Upon the backdrop of impressive progress made by the Indian economy during the last two decades after the large-scale economic reforms in the early 1990s, this book evaluates the performance of the economy on some income and non-income dimensions of development at the national, state and sectoral levels. It examines regional economic growth and inequality in income originating from agriculture, industry and services. In view of the importance of the agricultural sector, despite its declining share in gross domestic product, it evaluates the performance of agricultural production and the impact of agricultural reforms on spatial integration of food grain markets. It studies rural poverty, analyzing the trend in employment, the trickle-down process and the inclusiveness of growth in rural India. It also evaluates the impact of microfinance, as an instrument of financial inclusion, on the socio-economic conditions of rural households. Lastly, it examines the relative performance of fifteen major states of India in terms of education, health and human development. An important feature of the book is that it approaches these issues, applying rigorously advanced econometric methods, and focusing primarily on their regional disparities during the post-reform period vis-à-vis the pre-reform period. It offers important results to guide policies for future development.

Regional Development and Public Policy Challenges in India

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Publisher : Springer
ISBN 13 : 8132223462
Total Pages : 331 pages
Book Rating : 4.1/5 (322 download)

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Book Synopsis Regional Development and Public Policy Challenges in India by : Rakhee Bhattacharya

Download or read book Regional Development and Public Policy Challenges in India written by Rakhee Bhattacharya and published by Springer. This book was released on 2015-07-09 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book emphasizes the need for experimenting with more deliberate and rigorous policy processes to attain balanced regional development, which can promote both equity and efficiency in India’s development discourse. The institutional mechanisms for dealing with regional imbalance in India have not been very successful so far. With rising discrepancies in development, demand for autonomy continues along with a new dimension of regionalism arising from submerged identity along with political and economic aspirations, which demanded new channels for solution. So far, attempts to create space for autonomy have possibly not optimally accommodated the conceptual mechanisms like equity and democratic process. Thus democratizing policy process using six pillars of voice: knowledge, objective, fundamental values, implementation framework and public awareness can ensure a better policy outcome for dealing with the persistent challenges of regional disparity in India. This book further focuses on the need for democratizing the policy process for regional development through discussion and inclusion. Such a transition needs innovation in policy regime, which can be attained through following six pillars (i) Democratic voice of stakeholders in policy development and implementation; (ii) Clear policy objectives that advance the common good, based on voice; (iii) Unbiased, sound and comprehensive knowledge and data bases. (iv) Consistency with constitutional values; (v) A sound implementation framework ensuring user-friendliness, transparency and rationality of decision-making processes, effective grievance redress, clear accountability and independent evaluation; (vi) Public awareness and support of policies with relevant and public participation in implementation.

The Elephant Moves

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Publisher : Penguin Random House India Private Limited
ISBN 13 : 9357083251
Total Pages : 491 pages
Book Rating : 4.3/5 (57 download)

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Book Synopsis The Elephant Moves by : K.K. Venugopal

Download or read book The Elephant Moves written by K.K. Venugopal and published by Penguin Random House India Private Limited. This book was released on 2024-02-29 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charting out a roadmap for India depends on a sound understanding of how India is unique and why it is shaped the way it is. The Elephant Moves unfolds a captivating saga, tracing India's economic journey through the lens of competitiveness. From unraveling economic history ('origins unveiled") to navigating global dynamics ("sailing the tides"), the book explores the forces shaping nations. It delves into the facets of many Indias, unveiling opportunities in heterogeneity. Envisioning India's path to a developed economy by 2047, the book addresses challenges such as job creation, policy implementation, and the imperative for shared prosperity that are met through guiding principles grounded in shared value, social progress, and prosperity. Providing a dynamic vision for India's diverse future, the book urges readers to embrace a narrative where India, rooted in regional diversity, shapes its global destiny.

Changing Contours of Indian Agriculture

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Publisher : Springer
ISBN 13 : 9811060142
Total Pages : 242 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Changing Contours of Indian Agriculture by : Seema Bathla

Download or read book Changing Contours of Indian Agriculture written by Seema Bathla and published by Springer. This book was released on 2017-10-25 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an extensive study on India’s agricultural and nonfarm sectors, examining prices, investments and policies, and suggesting various essential technological changes. It offers appropriate financial, institutional, and policy frameworks that can help to sustain agricultural growth and augment farmers’ incomes across geographical locations. Further, it addresses agricultural growth and rural poverty reduction through multiple pathways that also tackle varied geographical locations, making it a highly useful guide to understanding the changing contours in agriculture and rural areas across the country and among rural households with various social and economic backgrounds.

Revisiting Regional Growth Dynamics in India in the Post Economic Reforms Period

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Author :
Publisher : Springer
ISBN 13 : 1137303689
Total Pages : 256 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Revisiting Regional Growth Dynamics in India in the Post Economic Reforms Period by : B. Misra

Download or read book Revisiting Regional Growth Dynamics in India in the Post Economic Reforms Period written by B. Misra and published by Springer. This book was released on 2013-10-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The post 2000 period for India has been quite eventful for Indian economy. The Book examines the implications of growth for inequality and some of the major drivers of growth like infrastructure, health and credit. The book discusses the key challenges as well the game changer initiatives that will shape India's growth in the medium term.

India

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Publisher : International Monetary Fund
ISBN 13 : 1475579810
Total Pages : 92 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis India by : International Monetary Fund. Asia and Pacific Dept

Download or read book India written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-02-22 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: India: Selected Issues

Development in Multiple Dimensions

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Publisher : University of Michigan Press
ISBN 13 : 0472124838
Total Pages : 288 pages
Book Rating : 4.4/5 (721 download)

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Book Synopsis Development in Multiple Dimensions by : Alexander Lee

Download or read book Development in Multiple Dimensions written by Alexander Lee and published by University of Michigan Press. This book was released on 2019-02-07 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do some states provide infrastructure and social services to their citizens, and others do not? In Development in Multiple Dimensions, Alexander Lee examines the origins of success and failure in the public services of developing countries. Comparing states within India, this study examines how elites either control, or are shut out of, policy decisions and how the interests of these elites influence public policy. He shows that social inequalities are not single but multiple, creating groups of competing elites with divergent policy interests. Since the power of these elites varies, states do not necessarily focus on the same priorities: some focus on infrastructure, others on social services, and still others on both or neither. The author develops his ideas through quantitative comparisons and case studies focusing on four northern Indian states: Gujarat, West Bengal, Bihar, and Himachal Pradesh, each of which represents different types of political economy and has a different set of powerful caste groups. The evidence indicates that regional variation in India is a consequence of social differences, and the impact of these differences on carefully considered distributional strategies, rather than differences in ideology, geography, or institutions.

NBER Macroeconomics Annual 2021

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Publisher : University of Chicago Press
ISBN 13 : 0226821722
Total Pages : 491 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis NBER Macroeconomics Annual 2021 by : Martin Eichenbaum

Download or read book NBER Macroeconomics Annual 2021 written by Martin Eichenbaum and published by University of Chicago Press. This book was released on 2022-05-17 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: The NBER Macroeconomics Annual 2021 presents research-central issues in contemporary macroeconomics. Robert Hall and Marianna Kudlyak examine unemployment dynamics during economic recoveries. They present new empirical findings and explore models in which the labor market gradually draws down the stock of unemployed workers in the aftermath of a downturn. Titan Alon, Sena Coskun, Matthias Doepke, David Koll, and Michèle Tertilt analyze the relative decline in employment of women during the COVID-19 pandemic and the associated global recession. They show that increased childcare needs, which fell more heavily on women, and differences in occupations both contributed. In the case of the US, however, each of these factors account for less than 20% of the gender gap in hours worked during the pandemic. Richard Rogerson and Johanna Wallenius study the employment rates of older workers in OECD countries over the last forty years. An expansion of institutions incentivizing retirement, concurrent with negative aggregate shocks between 1970 and 1995, led to falling employment rates. This trend started to reverse in the mid-1990s when many of these institutions, such as public pension programs, were cut back. Michael Barnett, William Brock, and Lars Peter Hansen explore the consequences of risk, ambiguity, and model misspecification in climate policy design. They consider carbon emissions pricing and the effects of different sources of uncertainty—such as future information about environmental damage, uncertainties in carbon and temperature dynamics and damage functions, and the role of future green technologies—on policy design. Michael Kremer, Jack Willis, and Yang You present new evidence suggesting a steady trend toward income convergence across countries since the late 1980s. They find convergence in various determinants of economic growth across countries and a flattening of the relationship between growth and these determinants. The paper challenges theories of growth arising after earlier rejections of the neoclassical growth model.

Understanding Development

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Publisher : Springer
ISBN 13 : 8132224558
Total Pages : 272 pages
Book Rating : 4.1/5 (322 download)

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Book Synopsis Understanding Development by : Swapnendu Banerjee

Download or read book Understanding Development written by Swapnendu Banerjee and published by Springer. This book was released on 2015-09-08 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses topical development issues in India, ranging from land acquisition, poverty alleviation programs, labor market issues, the public-private partnership (PPP) model and fiscal federalism. It offers an Indian perspective on the dynamics of economic development and the impact the country’s legal and public policies have on it. Economic development is a dynamic concept – old problems are solved, while at the same time new issues come to the fore. The emergence of these issues is unique to the development experience of an economy. The book includes sixteen recent contributions and is divided into four sections: law and contract; trade and foreign aid; issues in public economics; and the social sector and poverty alleviation. The chapters reflect on a number of development issues which were of concern for India in the recent past and will be important in her future development initiatives such as land acquisition, agricultural productivity, employment, protection of intellectual property rights, corruption, public-private partnership, regional development, poverty alleviations programs like the National Rural Employment Guarantee Act (NREGA) and the training of self-help group members, health and education of women, to name a few. The book is a valuable reference resource for policy practitioners and researchers working on the economics of development with special focus on developing economies.

Inequality, Mobility, and Segregation

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Publisher : Emerald Group Publishing
ISBN 13 : 1781901716
Total Pages : 410 pages
Book Rating : 4.7/5 (819 download)

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Book Synopsis Inequality, Mobility, and Segregation by : John A. Bishop

Download or read book Inequality, Mobility, and Segregation written by John A. Bishop and published by Emerald Group Publishing. This book was released on 2012-09-06 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains 15 papers, which were presented at the Fourth Meeting of the Society for the Study of Economic Inequality, Catania, Sicily, July 2011. This title includes measuring segregation, welfare and liberty, the use of influence functions in distributional analysis, and the axiomatic approach to multidimensional inequality.

The Demographic Dividend

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Publisher : International Monetary Fund
ISBN 13 : 1455217883
Total Pages : 33 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis The Demographic Dividend by : Mr.Shekhar Aiyar

Download or read book The Demographic Dividend written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2011-02-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study makes progress by focusing on India, which will be the largest individual contributor to the global demographic transition ahead. It exploits the variation in the age structure of the population across Indian states to identify the demographic dividend. The main finding is that there is a large and significant growth impact of both the level and growth rate of the working age ratio. This result is robust to a variety of empirical strategies, including a correction for inter-state migration. The results imply that a substantial fraction of the growth acceleration that India has experienced since the 1980s - sometimes ascribed exclusively to economic reforms - is attributable to changes in the country’s age structure. Moreover, the demographic dividend could add about 2 percentage points per annum to India’s per capita GDP growth over the next two decades. With the future expansion of the working age ratio concentrated in some of India’s poorest states, income convergence may well speed up, a theme likely to recur on the global stage.

Structural change, fundamentals, and growth : a framework and case studies

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896292142
Total Pages : 328 pages
Book Rating : 4.8/5 (962 download)

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Book Synopsis Structural change, fundamentals, and growth : a framework and case studies by : McMillan, Margaret

Download or read book Structural change, fundamentals, and growth : a framework and case studies written by McMillan, Margaret and published by Intl Food Policy Res Inst. This book was released on 2017-05-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Economic Prospects, January 2016

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Publisher : World Bank Publications
ISBN 13 : 1464806764
Total Pages : 284 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, January 2016 by : WorldBank

Download or read book Global Economic Prospects, January 2016 written by WorldBank and published by World Bank Publications. This book was released on 2016-01-21 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The January 2016 edition of Global Economic Prospects discusses current global and regional economic developments and prospects, analyzing key challenges and opportunities confronting developing countries. This volume addresses, among other topics, spillovers from large emerging markets and macroeconomic vulnerabilities during resource development. Global Economic Prospects is a World Bank Group Flagship Report. Semiannually (January and June), it examines global economic developments and prospects, with a special focus on developing countries. The report includes analysis of topical policy challenges faced by developing countries through in-depth research in the January edition and shorter analytical pieces in the June edition.

Economic Growth, second edition

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Publisher : MIT Press
ISBN 13 : 9780262025539
Total Pages : 676 pages
Book Rating : 4.0/5 (255 download)

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Book Synopsis Economic Growth, second edition by : Robert J. Barro

Download or read book Economic Growth, second edition written by Robert J. Barro and published by MIT Press. This book was released on 2003-10-10 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.

Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry Into the Role of Technology in Reducing the Poverty of Nations

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry Into the Role of Technology in Reducing the Poverty of Nations by : Gouranga Gopal Das

Download or read book Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry Into the Role of Technology in Reducing the Poverty of Nations written by Gouranga Gopal Das and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a Global database, stylized evidences are presented to show that Gini coefficient of income inequality varies across skill cohorts in all the regions. Also, starting from a relatively egalitarian income distribution, growth reduces inequality for the relatively unskilled cohorts for which Gini values are comparatively lower order of magnitude than those for the skilled labors. Another sets of stylized facts show considerable outsourcing does occur especially in developing Asia and Latin America; there are evidences of rapid rise in trade in hi-tech and technology-intensive goods. All these form background for exploring the ripple effect of technology transmission, its capture and role that socio-institutional factors play on income inequality. Nexus between income inequality and technology capture is explored in a global CGE framework. In particular, exogenous technology shock inducing productivity growth transmits to developing regions vehicled via trade from developed USA. This spillover capture, aided by human capital based adoptive capability, better governance and institution, causes increase in income and welfare and subsequently, leads to decline in income inequality proxied by Gini coefficient. This accrual of benefits - contingent on constellation of absorptive capacity, education, socio-institutional features like governance, technological symmetry and social acceptance - could lead to sustained productivity growth and consequential relief of incidence of poverty in the long-run. The conjugate parameters, in post-simulation scenario following trade-mediated technology transfer, retards growth's inequality enhancing effect and thus, facilitates long-run inequality convergence between nations. Thus, the paper has policy insights for promoting better institutional framework, conducive social structure, adequate human capital formation, and technology policy in conjunction with trade policy so that long-run socio-economic growth and welfare is fostered.