کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5054758 1476538 2013 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Regional divergence and club convergence in India
ترجمه فارسی عنوان
واگرایی منطقه ای و همگرایی باشگاه در هند
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

This paper examines regional divergence in income across different states in India, and estimates convergence clubs endogenously. The paper makes two useful contributions. First, the data is analyzed using a novel method due to Phillips and Sul (2007) leading to different conclusions in comparison to past studies, and secondly sectoral level data is employed which to our knowledge has not been employed in the literature before. Applying the novel approach to panel data relating to fifteen major states of India for the period 1968/69-2008/09, the results display significant divergence in per capita income across states at the aggregate and sectoral levels. There is also evidence of convergence clubs and variations in the number and composition of clubs across sectors. While three clubs are identified at the aggregate level, at the sectoral level we find three clubs in the industrial sector, two clubs are identified in both the agriculture and services sectors. The final part of the paper deals with the policy implications.

► This paper examines regional divergence in income across different states in India. ► The data is analyzed using a novel method due to Phillips and Sul (2007a). ► Convergence clubs are estimated endogenously. ► Results show significant divergence in per capita income across states.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 30, January 2013, Pages 733-742
نویسندگان
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