From "Hindu growth" to productivity surge
Subtitle: the mystery of the Indian growth transition
By: Dani Rodrik, Arvind Subramanian.
Contributors: Subramanian, Arvind.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10376; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10376.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Most conventional accounts of India's recent economic performance associate the pick-up in economic growth with the liberalization of 1991.  This paper demonstrates that the transition to high growth occured around 1980, a full decade before economic liberalization.  We investigate a number of hypotheses about the causes of this growth favorable external environment, fiscal stimulus, trade liberalization, internal liberalization, the green revolution, public investment and find them wanting.  We argue that growth was triggered by an attitudinal shift on the part of the national government towards a pro-business (as opposed to pro-liberalization) approach.  We provide some evidence that is consistent with this argument.  We also find that registered manufacturing built up in previous decades played an important role in influencing the pattern of growth across the Indian states"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/14/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.