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Regional Disparities in Per Capita Income in India: Convergence of Divergence

Cherodian, Rowan, Thirlwall, A.P. (2015) Regional Disparities in Per Capita Income in India: Convergence of Divergence. Journal of Post Keynesian Economics, 37 (3). pp. 384-407. ISSN 0160-3477. (doi:10.1080/01603477.2015.1000109) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
https://doi.org/10.1080/01603477.2015.1000109

Abstract

The paper looks at the latest evidence on what has been happening to regional disparities in per capita income (measured as gross state domestic product per capita) in India over the first decade of the twenty-first century (1999/2000 to 2010/2011) by estimating cross-section equations for unconditional and conditional beta (?) convergence and sigma (?) convergence across thirty-two regions (twenty-eight states and four union territories). There is no evidence of unconditional convergence, but weak evidence of conditional convergence controlling for population growth, credit growth, male literacy, the share of agriculture in state GDP, and state expenditure as a share of state GDP. Sigma divergence has increased continuously, except among the poorest states.

Item Type: Article
DOI/Identification number: 10.1080/01603477.2015.1000109
Uncontrolled keywords: regional growth, India, convergence/divergence, O47, O53, R11
Subjects: H Social Sciences
H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Lisa Jones
Date Deposited: 12 Jul 2016 14:09 UTC
Last Modified: 08 Feb 2020 04:08 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/56267 (The current URI for this page, for reference purposes)
Thirlwall, A.P.: https://orcid.org/0000-0002-1661-2218
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