Is there conditional convergence in the per capita incomes of BIMAROU states in India?
Ankita Mishra and
Economic Modelling, 2018, vol. 70, issue C, 429-437
The stochastic income convergence hypothesis is examined for five BIMAROU (Bihar, Madhya Pradesh, Rajasthan, Orissa and Uttar Pradesh) states in India for the period 1960–2012 using the univariate Narayan and Popp (2010) unit root test with two structural breaks. The per capita incomes of all BIMAROU states, except Uttar Pradesh, are found to be stochastically converging in the long run. Significant structural breaks are detected in the relative per capita income series of the BIMAROU states. Most of the breaks spotted in the relative per capita income series correspond with periods of political uncertainty and regime change in the state elections.
Keywords: O40; C12; BIMAROU; Income; Unit root; Convergence; India (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:70:y:2018:i:c:p:429-437
Access Statistics for this article
Economic Modelling is currently edited by S. Hall and P. Pauly
More articles in Economic Modelling from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().