Effect of globalization on convergence of development across regions of India

Jayanti Behera () and Dukhabandhu Sahoo ()
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Jayanti Behera: Bhadrak Autonomous College
Dukhabandhu Sahoo: Indian Institute of Technology Bhubaneswar

Economic Change and Restructuring, 2025, vol. 58, issue 4, No 14, 45 pages

Abstract: Abstract The objective of this paper is to examine the effect of globalization on convergence (β, σ, and club convergences) of both human development and gender development across the regions of India for the period 2006–2021 by using the panel data technique. The result reveals that the regions of India experience both absolute and conditional β convergences, σ divergence (growing inequality), and club convergence in human development and gender development. Globalization has a negative impact on the growth rate of human development, while it has a mixed effect on the growth rate of gender development. In the case of the fiscal policy and infrastructure variables, the results are mixed for the growth rate of both human development and gender development. Further, domestic investment and inequality hinder the growth rate of human development, while urbanization and human capital ameliorate it. In the case of gender development, urbanization improves it while human capital and inequality reduce it. Thus, it is suggested that the government should promote globalization in backward regions carefully. The government should improve the quality of education and urbanization in poor regions to increase human development and gender development.

Keywords: Globalization; Human development; Gender development; Convergence; Inequality; Panel data; Indian regions (search for similar items in EconPapers)
JEL-codes: D63 I31 J16 O47 R11 R12 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s10644-025-09901-3

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