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Validating India's GDP Growth Estimates

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  • Arvind Subramanian

Abstract

My recent research paper “India's GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications,” (hereafter “GDP paper”) and the associated op-ed in the Indian Express on June 11, 2019 have generated considerable debate. This is encouraging because serious argument and counter-argument are the basis for good policy-making. Since the issue itself is of great importance, the counter-arguments to my analysis warrant a considered response. That is the aim of this note, which is a complement to the original paper, addressing both the larger issues and some of the specific points that have been raised.

Suggested Citation

  • Arvind Subramanian, 2019. "Validating India's GDP Growth Estimates," CID Working Papers 357, Center for International Development at Harvard University.
    • Handle: RePEc:cid:wpfacu:357
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    File URL: https://growthlab.cid.harvard.edu/files/growthlab/files/2019-07-cid-wp-357-india-gdp.pdf
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    References listed on IDEAS

    as
    1. Morris, Sebastian & Kumari, Tejshwi, 2019. "Overestimation in the Growth Rates of National Income in Recent Years? – An Analyses Based on Extending GDP04-05 through Other Indicators of Output," IIMA Working Papers WP 2019-01-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    2. Ashima Goyal & Abhishek Kumar, 2020. "Indian growth is not overestimated: Mr. Subramanian you got it wrong," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 13(1), pages 29-52, January.
    Full references (including those not matched with items on IDEAS)

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