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

Sudip Ranjan Basu

European Journal of Comparative Economics, 2009, vol. 6, issue 1, 57-99

Abstract: The paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a 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 index grew three times as fast in India than China over the period 1980-2004, narrowing the gap in outcomes. The overall regional development quality level improved in both countries, but polarization widened in China. The direction of overall inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies. The inter-regional economic polarization in recent years is more pronounced in India.

Keywords: Development; Inequality; Polarization; China; India (search for similar items in EconPapers)
JEL-codes: C43 D63 O18 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (7)

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Related works:
Working Paper: Comparing China and India: Is dividend of economic reforms polarized? (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:liu:liucej:v:6:y:2009:i:1:p:57-99

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