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Why India Can Grow At 7 Percent a Year or More: Projections and Reflections

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  • Mr. Dani Rodrik
  • Mr. Arvind Subramanian

Abstract

Using a simple growth accounting framework, we project India's future potential output growth rate through 2025. We argue that there is perhaps more upside potential than downside risks to our central estimate of annual growth, which is close to 7 percent for aggregate output, or 5.5 percent for output per capita.

Suggested Citation

  • Mr. Dani Rodrik & Mr. Arvind Subramanian, 2004. "Why India Can Grow At 7 Percent a Year or More: Projections and Reflections," IMF Working Papers 2004/118, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2004/118
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    References listed on IDEAS

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    6. Barry P. Bosworth & Susan M. Collins, 2003. "The Empirics of Growth: An Update," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 113-206.
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