Analysing the structural change and growth relationship in India

O Cortuk and Nirvikar Singh

Santa Cruz Department of Economics, Working Paper Series from Department of Economics, UC Santa Cruz

Abstract: Examining the link between structural change and growth in India, this study constructs indices of structural change, and performs a panel data analysis using data for India's 16 major states. It finds that there is a one-way positive effect of structural change on growth during the 2000-06 period. This finding emerges when one allows the disturbances to be heteroscedastic, contemporaneously cross-sectionally correlated, and autocorrelated. The results are mostly reinforced when the sample is divided into richer and poorer states.

Keywords: Economics; Studies in Human Society (search for similar items in EconPapers)
Date: 2015-06-13
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Citations: View citations in EconPapers (3)

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