Productivity and convergence in India: A state-level analysis
AbstractTotal factor productivity plays an important role in the growth of the Indian economy. Using state-level data from 1993 to 2005 that were recently made available, we find widespread regional variation in productivity changes. In the years immediately following economic liberalization, productivity growth improved technical efficiency; however, in subsequent years, productivity growth was propelled by technological progress. We find a tendency toward convergence with regard to productivity growth among states; however, the states that were technically efficient when the economic reforms were instituted remained innovative in later years.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Asian Economics.
Volume (Year): 23 (2012)
Issue (Month): 5 ()
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Web page: http://www.elsevier.com/locate/asieco
India; Total factor productivity; Nonparametric analysis; Convergence;
Other versions of this item:
- Kumar, Surender & Managi, Shunsuke, 2009. "Productivity and Convergence in India: State Level Analysis," MPRA Paper 23738, University Library of Munich, Germany.
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- E19 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Other
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