Revisiting Regional Growth Dynamics in India in the Post Economic Reforms Period

ISBN-13: 9781137303677 / Angielski / Twarda / 2013 / 256 str.

Biswa Swarup Misra

Opis

The post 2000 period for India has been quite eventful for Indian economy. The Book examines the implications of growth for inequality and some of the major drivers of growth like infrastructure, health and credit. The book discusses the key challenges as well the game changer initiatives that will shape India's growth in the medium term.

Spis treści

1. Introduction 2. Key Challenges 2.1. Macroeconomic Challenges 2.1. Center-State and inter-state relations 2.3. Growth Drivers 2.4. Conclusion 3. Growth Performance 3.1. Growth Performance 3.2. Sectoral Growth Performance 3.3. Sectoral Contribution to Growth 3.4. variability of Output 3.5. Contribution of States to Growth in GDP and Population 3.6. Conclusion Annex 3.1. Data Issues Annex 3.2. Setcoral Growth 2000-03 Annex 3.3. Setcoral Growth 2004-08 Annex 3.4. Setcoral Growth 2009-12 Annex 3.5. Setcoral Growth 2000-12 Annex 3.6. Setcoral Shares 2000-03 Annex 3.7. Setcoral Shares 2004-08 Annex 3.8. Setcoral Shares 2009-12 Annex 3.9. Setcoral Shares 2000-12 Annex 3.10. Share of States in Combined SDP and Population Annex 3.11. Contribution to Growth in Combined Output and Population Annex 3.12. Variability in Sectoral Output Annex 3.13. Sectoral Contribution to Growth 4. Income Inequality 4.1. Consumption Based Inequality 4.2. Behaviour of Per Capita Income 4.3. Inequality Measures 4.4. Convergence Amongst Indian States 4.5. Conclusion Annex 4.1 Estimates of Absolute Convergence Behaviour in Cross section and Panel Dimension 5. Infrastructure and Growth 5.1. Approach to Provision of Infrastructure 5.2. Recent initiatives for infrastructure push 5.3. Infrastructure Index 5.4. Infrastructure Index-Relative Position of States 5.5. Infrastructure and Growth 5.6. Conclusion Annex 5.1. Causality between Social and Economic Infrastructure for General Category States Annex 5.2. Causality between Social and Economic Infrastructure for Special Category States Annex 5.3. Causality between growth in SDP and growth in Economic Infrastructure for GCS Annex 5.4. Causality between growth in SDP and growth in Social Infrastructure for GCS Annex 5.5. Causality between growth in SDP and growth in Overall Infrastructure for GCS Annex 5.6. Causality between growth in SDP and growth in Economic Infrastructure for SCS Annex 5.7. Causality between growth in SDP and growth in Social Infrastructure for SCS Annex 5.8. Causality between growth in SDP and growth in Overall Infrastructure for SCS Annex 5.9. Overall Infrastructure Index - General Category States (2001-2010) Annex 5.10. Overall Infrastructure Index-Special Category States (2001-2010) Annex 5.11. Infrastructure Index with Qualitative Dimensions for General Category States (2004-2010) Annex 5.12. Infrastructure Index with Qualitative Dimensions for Special Category States (2004-2010) 6. Health and Growth 6.1. Review of Literature 6.2. Stylised Facts 6.3. Empirical Methodology 6.4. Results 6.5. Concluding Observations Annex 6.1 Panel Unit Root test Annex 6.2 Panel-Cointegration tests 7. Credit and Growth 7.1. Growth of Credit and Credit Allocation Across Sectors 7.2. Credit-Output growth at the State level 7.3. Shares of different sectors in credit and output 7.4. Methodology and Empirical Results 7.5. Conclusion Annex 7.1. Growth of Sectoral Credit and Output 2001-2004 Annex 7.2. Growth of Sectoral Credit and Output 2001-2004 Annex 7.3. Growth of Sectoral Credit and Output 2001-2004 Annex 7.4. Growth of Sectoral Credit and Output 2001-2011 Annex 7.5. Sectoral Shares in Credit and Output 2001-2004 Annex 7.6. Sectoral Shares in Credit and Output 2005-2008 Annex 7.7. Sectoral Shares in Credit and Output 2009-2011 Annex 7.8. Unit Root Tests-General Category States Annex 7.9. Unit Root Tests – Special Category States Annex 7.10. Panel-cointegration Tests Annex 7.11. FMOLS Estimates of Responsiveness Between Credit and Output

O autorze

Biswa Swarup Misra is currently working as a Professor of Economics and Associate Dean at the Xavier Institute of Management, Bhubaneswar. The author was an Economist in the Reserve Bank of India during 2002-2010. His previous industry engagements include Chief Economist at Bank of India and Economist at the Union Bank of India. He has been a core team member for the research publications and policy documents of the Reserve Bank of India. He has been a visiting faculty in the Reserve Bank's training establishments. His research interest includes study of Growth Dynamics, Fiscal Behaviour, Finance and Development, Banking and Macro Economic Modelling. Professor Misra has published in journals such as Comparative Economic Studies, Reserve Bank's Occasional Papers, the Journal of Quantitative Economics, the Indian Economic Journal and Journal of Income and Wealth. He is the author of, Regional Growth Dynamics in India in the Post-Economic Reform Period, published by Palgrave Macmillan, UK and Credit Cooperative in India-Past, Present and Future, published by Routledge. Apart from Research, Professor Misra contributes regularly to editorials of Business Line on contemporary macroeconomic issues. He is a Member of the Scientific Council of Journal of Management and Financial Sciences, Warsaw School of Economics, Poland. Dr. Misra has been a member of the Working Group on Savings constituted by the Planning Commission for the 12th Five Year Plan and at present is a Member of the 'Expert Group for Development of a Methodology for Computation of an Index for Infrastructure Development at the all India level and for States' constituted by the Ministry of Statistic and Programme Implementation, New Delhi.