Title

Economic reforms and income convergence/divergence in regional India

RIS ID

34311

Publication Details

Jayanthakumaran, K. (2010). Economic reforms and income convergence/divergence in regional India. Indian Economic Review, 45 (1), 29-48.

Abstract

This paper explores India's recent economic reforms and associated state-level income convergence/divergence by applying stochastic and beta-convergence tests. Although approximately half the states were converging to the national average during the postbreak period, the evidence required to show that income convergence due to many poorer states not catching up with the rich ones is inadequate. Those poorer states need special attention before further liberalisation.

Link to publisher version (URL)

Indian Economic Review

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