THE INDIAN GROWTH MIRACLE AND ENDOGENOUS GROWTH
Jakob Madsen (),
Shishir Saxena and
James Ang ()
CAMA Working Papers from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
Using over half a century of R&D data for India, this paper examines the extent to which India’s recent growth experience can be explained by R&D, international R&D spillovers, catch-up to the technology frontier and financial liberalization. Furthermore, the paper also tests whether any of the competing second-generation endogenous growth theories can explain India’s growth experience. The findings provide support for Schumpeterian growth theory and indicate that the recent high growth rates in India are likely to continue well into the future.
JEL-codes: O3 O4 (search for similar items in EconPapers)
Pages: 28 pages
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed
Downloads: (external link)
https://cama.crawford.anu.edu.au/sites/default/fil ... _saxena_ang_2008.pdf (application/pdf)
Journal Article: The Indian growth miracle and endogenous growth (2010)
Working Paper: THE INDIAN GROWTH MIRACLE AND ENDOGENOUS GROWTH (2009)
Working Paper: THE INDIAN GROWTH MIRACLE AND ENDOGENOUS GROWTH (2008)
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:een:camaaa:2008-29
Access Statistics for this paper
More papers in CAMA Working Papers from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University Contact information at EDIRC.
Bibliographic data for series maintained by Cama Admin ().