India's Economic Growth History: Fluctuations, Trends, Break Points and Phases
AbstractThis paper reviews India's growth performance since independence. One of the innovations in this paper is to take explicit account of rainfall variations that play a very important role in the Indian economy. This allows us to determine whether the Indian economy has become less dependent on the monsoons ('drought proof'). It also allows a statistically more accurate determination of the different phases of Indian economic growth. These phases are linked to different policy regimes and therefore allow us to evaluate the impact of a set of policies on economic growth.
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Bibliographic InfoArticle provided by Department of Economics, Delhi School of Economics in its journal Indian Economic Review.
Volume (Year): 41 (2006)
Issue (Month): 1 (July)
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Postal: University of Delhi, Delhi 110 007
Phone: 91-11-2766-6533/34/35, 2766-6703/04/05
Web page: http://www.ierdse.org/
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Find related papers by JEL classification:
- N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
- P0 - Economic Systems - - General
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Discussion Papers of DIW Berlin
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