IDEAS home Printed from https://ideas.repec.org/a/sae/artjou/v22y2023i2p151-180.html
   My bibliography  Save this article

How Inclusive Are Indian States: Evidence from Inclusive Development Index

Author

Listed:
  • Suresh Chand Aggarwal

Abstract

The current study aims to find an ‘Inclusive Development Index’ (IDI) for the selected Indian states for the year 2017–2018 and has tried to incorporate indicators encompassing different aspects of the economy and life of the people. The index has tried to be more comprehensive and contemporary and attempts to keep the interest alive in the all-important policy objective of an inclusive growth in India as well as in many other countries around the world. The study has followed the guidelines given by Organisation for Economic Co-operation and Development ( OECD, 2008 , Handbook on constructing composite indicators: Methodology and user guide ) to construct a composite index and has included two pillars of growth with a total of 14 dimensions (sub-pillars) represented by 62 indicators. Principal component analysis (PCA) has been applied at the indicators level and simple averaging at the dimension and pillar levels to obtain the composite IDI for 20 Indian states. The states are ranked based on their inclusiveness score on IDI and divided into the ‘front-runners’, the ‘achievers’ and the ‘aspirants’. IDI may help the states to identify their spheres of ‘low’ performance and learn from their ‘front-runner’ peers. JEL: D63, F43, O40

Suggested Citation

  • Suresh Chand Aggarwal, 2023. "How Inclusive Are Indian States: Evidence from Inclusive Development Index," Arthaniti: Journal of Economic Theory and Practice, , vol. 22(2), pages 151-180, December.
    • Handle: RePEc:sae:artjou:v:22:y:2023:i:2:p:151-180
    DOI: 10.1177/0976747920985455
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0976747920985455
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0976747920985455?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kaushik Basu & Joseph E. Stiglitz (ed.), 2016. "Inequality and Growth: Patterns and Policy," International Economic Association Series, Palgrave Macmillan, number 978-1-137-55454-3, December.
    2. João Tovar Jalles & Luiz de Mello, 2019. "Cross‐country evidence on the determinants of inclusive growth episodes," Review of Development Economics, Wiley Blackwell, vol. 23(4), pages 1818-1839, November.
    3. World Economic Forum, 2017. "The Inclusive Growth and Development Report 2017," Working Papers id:11638, eSocialSciences.
    4. Siddhartha Mitra, 2017. "A Note on Measuring Inclusive Growth and the Inclusiveness of Growth," South Asian Journal of Macroeconomics and Public Finance, , vol. 6(2), pages 194-208, December.
    5. Ewa Cichowicz & Ewa Rollnik-Sadowska, 2018. "Inclusive Growth in CEE Countries as a Determinant of Sustainable Development," Sustainability, MDPI, vol. 10(11), pages 1-23, October.
    6. Ifzal Ali & Hyun Hwa Son, 2007. "Measuring Inclusive Growth," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 24(01), pages 11-31.
    7. Raghbendra Jha & K.V. Bhanu Murthy, 2003. "A Critique of the Environmental Sustainability Index," Departmental Working Papers 2003-08, The Australian National University, Arndt-Corden Department of Economics.
    8. Kaushik Basu & Joseph E. Stiglitz (ed.), 2016. "Inequality and Growth: Patterns and Policy," International Economic Association Series, Palgrave Macmillan, number 978-1-137-55459-8, December.
    9. Arup Mitra, 2013. "Insights into Inclusive Growth, Employment and Wellbeing in India," Springer Books, Springer, edition 127, number 978-81-322-0656-9, November.
    10. Aruni Mitra & Debasmita Das, 2018. "Inclusive Growth: Economics as if People Mattered," Global Business Review, International Management Institute, vol. 19(3), pages 756-770, June.
    11. World Bank, 2015. "Assessment of State Implementation of Business Reforms," Working Papers id:7471, eSocialSciences.
    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. Suresh Chand Aggarwal, 2021. "Inclusiveness and the Progress of Indian States: Evidence from Inclusive Development Index Between 2011 and 2018," Indian Journal of Human Development, , vol. 15(2), pages 200-228, August.
    2. Suresh Chand Aggarwal, 2022. "Inequality and Inclusive Development: Evidence from Selected Indian States," Indian Journal of Human Development, , vol. 16(1), pages 55-76, April.
    3. Kazuhiro Kurose, 2022. "A two-class economy from the multi-sectoral perspective: the controversy between Pasinetti and Meade–Hahn–Samuelson–Modigliani revisited," Evolutionary and Institutional Economics Review, Springer, vol. 19(1), pages 239-270, April.
    4. Daniel Oviedo & Luis A. Guzman, 2020. "Revisiting Accessibility in a Context of Sustainable Transport: Capabilities and Inequalities in Bogotá," Sustainability, MDPI, vol. 12(11), pages 1-22, June.
    5. Stiglitz, Joseph E., 2018. "Pareto efficient taxation and expenditures: Pre- and re-distribution," Journal of Public Economics, Elsevier, vol. 162(C), pages 101-119.
    6. Dobdinga C. Fonchamnyo & Boniface N. Epo & Giyoh G. Nginyu & Simplice A. Asongu, 2023. "The effects of institutional quality and biocapacity on inclusive human development in Sub-Saharan Africa," Working Papers 23/044, European Xtramile Centre of African Studies (EXCAS).
    7. Ranaldi, Marco, 2021. "Global Distributions of Capital and Labor Incomes: Capitalization of the Global Middle Class," SocArXiv 3g59r, Center for Open Science.
    8. Dosi, Giovanni & Palagi, Elisa & Roventini, Andrea & Russo, Emanuele, 2023. "Do patents really foster innovation in the pharmaceutical sector? Results from an evolutionary, agent-based model," Journal of Economic Behavior & Organization, Elsevier, vol. 212(C), pages 564-589.
    9. Lucrezia Fanti, 2018. "An AB-SFC Model of Induced Technical Change along Classical and Keynesian Lines," Working Papers 3/18, Sapienza University of Rome, DISS.
    10. Brei, Michael & Ferri, Giovanni & Gambacorta, Leonardo, 2023. "Financial structure and income inequality," Journal of International Money and Finance, Elsevier, vol. 131(C).
    11. Roberto Iacono & Elisa Palagi, 2023. "A micro perspective on r > g," Economica, London School of Economics and Political Science, vol. 90(358), pages 531-556, April.
    12. Dong, Jiayun & Liang, Wenyuan & Fu, Yimin & Liu, Weiping & Managi, Shunsuke, 2021. "Impact of devolved forest tenure reform on formal credit access for households: Evidence from Fujian, China," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 486-498.
    13. Chhavi Tiwari & Sankalpa Bhattacharjee & Debkumar Chakrabarti, 2020. "Investigating Regional Inequalities in India: Are Indian Districts Converging?," Journal of International Development, John Wiley & Sons, Ltd., vol. 32(5), pages 684-716, July.
    14. Lucrezia Fanti & Dario Guarascio & Massimo Moggi, 2020. "The development of AI and its impact on business models, organization and work," LEM Papers Series 2020/25, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    15. Chatterjee, Sidharta, 2021. "On the Theory of Knowledge Resource Inequality: Role of Knowledge Capital in Social Transformation," MPRA Paper 105221, University Library of Munich, Germany.
    16. Ravi Kanbur & Andy Snell, 2019. "Inequality Indices as Tests of Fairness," The Economic Journal, Royal Economic Society, vol. 129(621), pages 2216-2239.
    17. Paul Hufe & Andreas Peichl & John Roemer & Martin Ungerer, 2017. "Inequality of income acquisition: the role of childhood circumstances," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 49(3), pages 499-544, December.
    18. Hasanul Banna & Muhammad Mehedi Masud & Shamsulbahriah K. A. Rodrigo, 2020. "How does economic growth impact on income inequality across ethnic groups in Malaysia?," Poverty & Public Policy, John Wiley & Sons, vol. 12(4), pages 397-420, December.
    19. Ravi Kanbur & Joseph E. Stiglitz, 2016. "Dynastic inequality, mobility and equality of opportunity," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 14(4), pages 419-434, December.
    20. S. Mahendra Dev, 2018. "Inequality, Employment and Public Policy," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 61(1), pages 1-42, March.

    More about this item

    Keywords

    Inclusive Development Index; growth; process; outcome; states; principal component analysis;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    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:sae:artjou:v:22:y:2023:i:2:p:151-180. 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: SAGE Publications (email available below). General contact details of provider: .

    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.