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Measuring Sustainability with Macroeconomic Data for India

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  • Purnamita Dasgupta
  • Shikha Gupta

Abstract

This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainability in terms of the maintenance of different forms of capital to ensure that future consumption levels are at least as high as current levels, estimates of investment have been made using theoretically consistent models and data relevant to the Indian context. [WP No 214]

Suggested Citation

  • Purnamita Dasgupta & Shikha Gupta, 2008. "Measuring Sustainability with Macroeconomic Data for India," Working Papers id:1574, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:1574 Note: Institutional Papers
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    References listed on IDEAS

    as
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    8. Ferreira, Susana & Vincent, Jeffrey R, 2005. "Genuine Savings: Leading Indicator of Sustainable Development?," Economic Development and Cultural Change, University of Chicago Press, vol. 53(3), pages 737-754, April.
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    11. Vincent, J. & Casteneda, B., 1997. "Economic Depreciation of Natural Resources in Asia and Implications for Net Savings and Long-Run Consumption," Papers 614, Harvard - Institute for International Development.
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    13. Zvi Griliches, 1970. "Notes on the Role of Education in Production Functions and Growth Accounting," NBER Chapters,in: Education, Income, and Human Capital, pages 71-127 National Bureau of Economic Research, Inc.
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