EconPapers    
Economics at your fingertips  
 

Whither the Indian Union? Regional Disparities and Economic Reforms

Michele Alessandrini, Tullio Buccellato and Pasquale Scaramozzino

Rivista italiana degli economisti, 2008, issue 3, 367-400

Abstract: In this paper we investigate the process of convergence/divergence across Indian states. After surveying the main economic reforms implemented during the last decades in the Indian Union, we conduct an econometric study of the determinants of economic growth in the neoclassical frame of the Solow model. One of the main novel aspects of our convergence analysis is the attention paid to the spatial pattern of growth across Indian states. Making use of spatial econometric tools, we control for two different kinds of spatial interaction: distance and neighbourhood. Our results suggest that the gap between poor and rich states has constantly increased during the 1980s and the 1990s. Specifically, we find that winners were those states that benefited the most from the recent process of reform and liberalization, thanks also to their geographical advantage and to the presence of a developed service sector. Losers were instead the landlocked and highly populated states with a predominant agricultural sector and a low level of innovation.

Keywords: Regional inequality; economic growth; structural change; spatial effects; India (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1427/29722 (application/pdf)
https://www.rivisteweb.it/doi/10.1427/29722 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jqat1f:doi:10.1427/29722:y:2008:i:3:p:367-400

Access Statistics for this article

Rivista italiana degli economisti is currently edited by Giuliano Conti

More articles in Rivista italiana degli economisti from Società editrice il Mulino
Bibliographic data for series maintained by ().

 
Page updated 2021-01-22
Handle: RePEc:mul:jqat1f:doi:10.1427/29722:y:2008:i:3:p:367-400