Productivity and convergence in India : a state-level analysis

Kumar, Surender & Managi, Shunsuke (2012) Productivity and convergence in India : a state-level analysis. Journal of Asian Economics, 23(5), pp. 548-559.

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Total factor productivity plays an important role in the growth of the Indian economy. Using state-level data from 1993 to 2005 that were recently made available, we find widespread regional variation in productivity changes. In the years immediately following economic liberalization, productivity growth improved technical efficiency; however, in subsequent years, productivity growth was propelled by technological progress. We find a tendency toward convergence with regard to productivity growth among states; however, the states that were technically efficient when the economic reforms were instituted remained innovative in later years.

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ID Code: 75438
Item Type: Journal Article
Refereed: Yes
Keywords: Convergence; India; Nonparametric analysis; Total factor productivity
DOI: 10.1016/j.asieco.2012.05.002
ISSN: 1049-0078
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Deposited On: 25 Aug 2014 01:37
Last Modified: 25 Aug 2014 22:43

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