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Growth Convergence and Spillovers among Indian States :, What Matters? What Does Not?, Piyaporn Sodsriwiboon, Sanjay Kalra

Convergence and spillovers across countries and within countries are old, but recurrent policy concerns, and India is no exception to this rule. This paper examines convergence and spillovers across Indian states using non-stationary panel data techniques. Results on convergence among Indian states are generally found to be similar, but more nuanced, than previous studies. Generally speaking, there is evidence of divergence over the entire sample period, convergence during sub-periods corresponding to structural breaks, and club convergence. There is strong evidence of club convergence among the high- and low-income states; the evidence for middle-income states is mixed. Dynamic spillover effects among states are small
Table Of Contents
Cover Page; Title Page; Copyright Page; Contents; I. Motivation; II. Literature Survey; A. Old Wine in Old Bottles?; 1. Indian States: Growth and Convergence Literature-A Survey of Results; B. Old Wine in New Bottles?; III. Data and Stylized "Facts"; 2. Rank of Indian States by Income, 1970-2003; 3. India: Survey of Structural Breaks; IV. The Econometrics of Non-stationary Panels; V. Convergence Revisited: A Non-stationary Panel Approach; A. Convergence and Structural Change; 4. Panel Unit Root Test Results for All Indian States; B. Determinants of per capita Income Differentials
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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