Comparing China and India: Is the dividend of economic reforms polarized?
AbstractThe paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India. The results show that national-level development quality grew three times faster in China than in India. Conversely, the health quality index grew three times as fast in India than China over the period 1980-2004, narrowing the gap in outcomes. The overall regional development quality level improved in both countries, but polarization widened in China. The direction of overall inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies. The inter-regional economic polarization in recent years is more pronounced in India.
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Bibliographic InfoArticle provided by Cattaneo University (LIUC) in its journal The European Journal of Comparative Economics.
Volume (Year): 6 (2009)
Issue (Month): 1 (June)
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Development; Inequality; Polarization; China; India;
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- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
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- Enrico Marelli & Marcello Signorelli, 2011. "China and India: Openness, Trade and Effects on Economic Growth," European Journal of Comparative Economics, Cattaneo University (LIUC), Cattaneo University (LIUC), vol. 8(1), pages 129-154, June.
- Almas Heshmati & Subal C. Kumbhakar, 2014.
"A general model of technical change with an application to the OECD countries,"
Economics of Innovation and New Technology,
Taylor & Francis Journals, vol. 23(1), pages 25-48, January.
- Heshmati, Almas & Kumbhakar, Subal C., 2011. "A General Model of Technical Change with an Application to the OECD Countries," IZA Discussion Papers 6004, Institute for the Study of Labor (IZA).
- Almas Heshmati & Subal C. Kumbhakar, 2010.
"Technical Change and Total Factor Productivity Growth: The Case of Chinese Provinces,"
TEMEP Discussion Papers, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP)
201054, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Feb 2010.
- Heshmati, Almas & Kumbhakar, Subal C., 2010. "Technical Change and Total Factor Productivity Growth: The Case of Chinese Provinces," IZA Discussion Papers 4784, Institute for the Study of Labor (IZA).
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