IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/75694.html
   My bibliography  Save this paper

The Indebtedness of Rural Labour in India

Author

Listed:
  • Borooah, Vani
  • Das, Smita

Abstract

This study examines the issue of debt distress of rural labour households (agricultural and non-agricultural labour), in all the major Indian states, using data from the 61st round, pertaining to 2004-05, of the National Sample Survey (NSS). We conduct this study at various levels and using different methodological approaches. First, using a definition of “debt distress”, set out in detail in the following section, we calculate the value of debt distress for every rural labour household (RLH) in the NSS. Then we aggregate these households to rank states, districts, and social groups according to the degree of their distress. Second, using the tools of inequality analysis, we compute the degree of inequality in the distribution of distress among indebted RLH and ask how much of this inequality can be explained by the fact households (a) live in different states and (b) belong to different social groups? Third, using the tools of regression analysis, we examine the strength of the factors impinging on whether a household is a debtor household and, if it is, the strength of the factors determining whether it obtained loans from institutional sources or from money lenders and whether it took a loan for “productive” or “non-productive” purposes.

Suggested Citation

  • Borooah, Vani & Das, Smita, 2008. "The Indebtedness of Rural Labour in India," MPRA Paper 75694, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:75694
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/75694/1/MPRA_paper_75694.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Panagariya, Arvind, 2011. "India: The Emerging Giant," OUP Catalogue, Oxford University Press, number 9780199751563.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Arvind Panagariya and Vishal More, 2013. "Poverty by Social, Religious and Economic Groups in India and its Largest States, 1993-94 to 2011-12," Working Papers 201302, School of International and Public Affairs, Columbia University, revised Oct 2013.
    2. Chari, Murali D.R. & Banalieva, Elitsa R., 2015. "How do pro-market reforms impact firm profitability? The case of India under reform," Journal of World Business, Elsevier, vol. 50(2), pages 357-367.
    3. Christine Greenhalgh, 2013. "Science, Technology, Innovation and IP in India: New Directions and Prospects," Melbourne Institute Working Paper Series wp2013n37, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    4. Ramu M R, Anantha & Gayithri, K, 2016. "Fiscal deficit composition and economic growth relation in India: A time series econometric analysis," MPRA Paper 76304, University Library of Munich, Germany, revised 08 Sep 2016.
    5. Manmohan Agarwal & John Whalley, 2013. "The 1991 Reforms, Indian Economic Growth, and Social Progress," NBER Working Papers 19024, National Bureau of Economic Research, Inc.
    6. Chakraborty, Shankha & Thompson, Jon C. & Yehoue, Etienne B., 2016. "The culture of entrepreneurship," Journal of Economic Theory, Elsevier, vol. 163(C), pages 288-317.
    7. Barman, Hemanta & Dutta, Mrinal Kanti & Nath, Hiranya K., 2018. "The telecommunications divide among Indian states," Telecommunications Policy, Elsevier, vol. 42(7), pages 530-551.
    8. Chari, Murali D.R. & Dixit, Jaya, 2015. "Business groups and entrepreneurship in developing countries after reforms," Journal of Business Research, Elsevier, vol. 68(6), pages 1359-1366.
    9. Banerjee, Pradip & Dhole, Sandip & Mishra, Sagarika, 2023. "Operating performance during the COVID-19 pandemic: Is there a business group advantage?," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    10. Jens Matthias Arnold & Beata Javorcik & Molly Lipscomb & Aaditya Mattoo, 2016. "Services Reform and Manufacturing Performance: Evidence from India," Economic Journal, Royal Economic Society, vol. 126(590), pages 1-39, February.
    11. Ashoka Mody & Anusha Nath & Michael Walton, 2010. "Sources of Corporate Profits in India - Business Dynamism or Advantages of Entrenchment?," CID Working Papers 212, Center for International Development at Harvard University.
    12. Sripad Motiram & Ashish Singh, 2012. "How close does the apple fall to the tree? Some evidence on intergenerational occupational mobility from India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2012-017, Indira Gandhi Institute of Development Research, Mumbai, India.
    13. Natalie D. Hegwood & Hiranya K. Nath, 2014. "Real exchange rate dynamics: Evidence from India," Economic Analysis and Policy, Elsevier, vol. 44(4), pages 396-404.
    14. Manuel Gonzalo, 2023. "The Indian Growth Acceleration: A Brazilian Demand-led Insight," Millennial Asia, , vol. 14(4), pages 509-534, December.
    15. Singh, Nirvikar, 2008. "India’s Development Strategy: Accidents, Design and Replicability," MPRA Paper 12453, University Library of Munich, Germany.
    16. Sen Gupta, Abhijit & Hasan, Rana & Lamba, Sneha, 2014. "Growth, Structural Change, and Poverty Reduction: Evidence from India," MPRA Paper 55247, University Library of Munich, Germany.
    17. Jan De Loecker & Pinelopi K. Goldberg & Amit K. Khandelwal & Nina Pavcnik, 2016. "Prices, Markups, and Trade Reform," Econometrica, Econometric Society, vol. 84, pages 445-510, March.
    18. Binoy Goswami & Hiranya K. Nath, 2021. "India'S Revealed Comparative Advantages In Merchandise Trade With Country Groups At Different Levels Of Development," Contemporary Economic Policy, Western Economic Association International, vol. 39(2), pages 377-397, April.
    19. Joseph McKinney, 2014. "The Changing Global Economy: Roles Of The United States And The European Union In The Evolving Context," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 57-68.
    20. Sunil Mani, 2009. "The Growth of Knowledge-Intensive Entrepreneurship in India, 1991-2007 Analysis of its Evidence and Facilitating Factors," Working Papers id:1877, eSocialSciences.

    More about this item

    Keywords

    Debt; Distress; Rural; India;
    All these keywords.

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:75694. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.