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Aquaculture Productivity Convergence in India: A Spatial Econometric Perspective

  • Paraguas, Ferdinand J.
  • Dey, Madan Mohan

This paper provides an illustration of evaluating productivity convergence using spatial econometric modelling framework for the aquaculture sector in India. Productivity has been measured using Total Factor Productivity (TFP). The b- and s-convergence concepts that are used to test the convergence hypothesis have been extended to examine the possible presence of spatial autocorrelation and spatial heterogeneity. The results have confirmed the productivity convergence hypothesis, the presence of spillover effects on TFP growth and the presence of spatial regimes in the TFP convergence process which have policy implications. The paper concludes by providing recommendations for further research.

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Article provided by Agricultural Economics Research Association (India) in its journal Agricultural Economics Research Review.

Volume (Year): 19 (2006)
Issue (Month): 2006 ()

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Handle: RePEc:ags:aerrae:57783
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  1. Evenson, Robert E. & Pray, Carl E. & Rosegrant, Mark W., 1999. "Agricultural research and productivity growth in India:," Research reports 109, International Food Policy Research Institute (IFPRI).
  2. Fan, Shenggen & Hazell, P. B. R. & Thorat, Sukhadeo, 1999. "Linkages between government spending, growth, and poverty in rural India:," Research reports 110, International Food Policy Research Institute (IFPRI).
  3. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December.
  4. S Durlauf & Danny Quah, 1998. "The New Empirics of Economic Growth," CEP Discussion Papers dp0384, Centre for Economic Performance, LSE.
  5. L. Randall Wray & Stephanie Bell, 2004. "Introduction," Chapters, in: Credit and State Theories of Money, chapter 1 Edward Elgar.
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