Jeffrey D. Sachs|Nirupam Bajpai|Ananthi Ramiah
Understanding Regional Economic Growth in India
Earth Island Institute|Columbia University|Earth Island Institute|Columbia University|Harvard University
paper aims explain growth experiences 14 major states india 1980 1998 using two measures convergence convergence convergence examine whether per capita incomes states converging diverging standards convergence india demonstrated overall divergence 198098 well prereform postreform subperiods interestingly richer states experienced degree convergence postreform period whereas poorer states divergence notable within poorer group states remarkable 82 percent crossstate variation growth explained urbanization variable india hint conditional convergence controlling degree urbanization regression estimate shows 10 percentage point higher rate urbanization associated 13 percentage points per year higher rate annual growth