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Comparing China and India: Is dividend of economic reforms polarized?

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Abstract

The paper develops a new measure of development, namely, development quality Index (DQI), to compare performance of China and India. The results show that national level development quality grew three times faster in China than in India. Conversely, the health quality grew three times as fast in India than China over the period 1980-2004. The overall regional development quality level improved in both countries, but polarization widened in China. The sign of inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies, while in recent years there are trends of polarization in economic dimension of DQI in India.

Suggested Citation

  • Sudip Ranjan Basu, 2007. "Comparing China and India: Is dividend of economic reforms polarized?," IHEID Working Papers 01-2007, Economics Section, The Graduate Institute of International Studies.
  • Handle: RePEc:gii:giihei:heiwp01-2007
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    Cited by:

    1. Li, Jiaming & Wang, Ziyi & Liu, Mingyi, 2023. "Why the same economic reform leads to different urbanization route? --The comparative study of China and India," Land Use Policy, Elsevier, vol. 129(C).
    2. haq wani, Nassir ul & dhami, Jasdeep kaur, 2016. "India's merchandise trade with China: growth, prospects and future potential?," MPRA Paper 70638, University Library of Munich, Germany, revised 25 Mar 2016.
    3. Heshmati, Almas & Kumbhakar, Subal C., 2010. "Technical Change and Total Factor Productivity Growth: The Case of Chinese Provinces," IZA Discussion Papers 4784, Institute of Labor Economics (IZA).
    4. Almas Heshmati & Subal C. Kumbhakar, 2014. "A general model of technical change with an application to the OECD countries," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(1), pages 25-48, January.
    5. Enrico Marelli & Marcello Signorelli, 2011. "China and India: Openness, Trade and Effects on Economic Growth," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 8(1), pages 129-154, June.
    6. Gupta, Eshita, 2008. "Oil vulnerability index of oil-importing countries," Energy Policy, Elsevier, vol. 36(3), pages 1195-1211, March.
    7. Michael Shashoua & Sudip Ranjan Basu, 2015. "Polarizing World: GDP, Development and Beyond," MPDD Working Paper Series WP/15/13, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).

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    More about this item

    Keywords

    Development; Inequality; Polarization; China; India;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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