IDEAS home Printed from https://ideas.repec.org/h/spr/isbchp/978-81-322-0981-2_4.html
   My bibliography  Save this book chapter

Growth and Regional Divergence in Industry and Services

In: Liberalization, Growth and Regional Disparities in India

Author

Listed:
  • Madhusudan Ghosh

    (Visva- Bharati)

Abstract

This chapter analyses the processes of growth in output and the dynamics of its composition and regional distribution across 15 major states in India during 1970/1971–2008/2009. The upward trend in the growth rate of net domestic product (NDP) has been associated with an upward trend in the shares of industry and services and declining trend in the share of agriculture in NDP. The acceleration in the growth of NDP during the post-reform period was led significantly by the impressive growth in services. The sectors with higher growth rate have recorded lower instability in it. Per capita income from industry and services has grown differentially across the states, and the regional disparity in per capita income has increased over time in both the sectors. While the interstate disparities in per capita income have been persisting in industry, these are aggravated in services during the post-reform period. Structural changes in the economy have been associated with rising disparities in per capita income across states. While the regional disparities in physical, social and financial infrastructures have been responsible for the regional variations in per capita income from industry, the same in social and financial infrastructures have been primarily responsible for the regional disparities in per capita income from services. The results suggest that investment in physical, social and financial infrastructures could significantly improve the long-run growth performance of the states and reduce regional imbalances by accelerating growth in industry and services.

Suggested Citation

  • Madhusudan Ghosh, 2013. "Growth and Regional Divergence in Industry and Services," India Studies in Business and Economics, in: Liberalization, Growth and Regional Disparities in India, edition 127, chapter 0, pages 47-62, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-0981-2_4
    DOI: 10.1007/978-81-322-0981-2_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:isbchp:978-81-322-0981-2_4. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.