Changing Dimensions of India's Growth Process: A State Level Analysis

Misra, Biswa (2009): Changing Dimensions of India's Growth Process: A State Level Analysis. Published in: Vilakshan , Vol. VI, No. 1 (March 2009): pp. 67-90.

Abstract

Growth of the Indian economy has been quite impressive during 2004-07. This paper chronicles the performance of the states in India during this high growth phase. The growth performance during 2000-03 is taken as the benchmark to compare and contrast the changing growth patterns across sectors in different states. Apart from sectoral growth, sectoral contributions to state output, variability of sectoral output and contribution of different sectors to overall growth in the spatial dimension have been studied. The results broadly indicate a decline in the importance of the service sector during the high growth phase and increased variability in output in the states. While maintaining the high growth rates of the primary and secondary sectors remains a challenge, increased variability of output raises serious concerns on the continuity of the high growth momentum in the future.

• Item Type: MPRA Paper
• Language: English
• Keywords: Sectoral Growth, Viability of Growth, Contribution to Growth
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O18 - Urban, Rural, Regional, and Transportation Analysis ; Housing ; Infrastructure; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R12 - Size and Spatial Distributions of Regional Economic Activity

References

Ahluwalia, Montek, S (2000), ‘Economic Performance of States in Post-Reform Period’, Economic and Political weekly, pp.1637-1648. Ahluwalia, Montek (2002), State Level Performance Under Economic Reforms In India, in Anne Krueger, ed., Economic Policy Reforms and the Indian Economy, Chicago: University of Chicago Press. Bajapai Nirupam and Sachs, Jeffrey D (1996), ‘Trends in Inter-State inequalities of Income in India’, Harvard Institute for International Development, Development Discussion paper No.528. Bajapai Nirupam and Sachs, Jeffrey D (2002), ‘Understanding Regional Economic Growth in India’, Center for International Development at Harvard University, CID Working Paper No.88. Bhandari, Laveesh and Aarti Khare (2002), ‘The Geography of Post 1991 Indian Economy’, Indicus Analytics, New Delhi, India. Government of India (2007): Eleventh Five Year Plan (Vol.1), Planning Commission of India Singh, Nirvikar and Srinivasan T.N. (2002), ‘Indian Federalism, Economic Reform and Globalization’, paper prepared for CREDPR project on Globalization and Comparative Federalism. Misra Biswa Swarup (2007), Reegional Growth Dyanics in India in the post e-conomic Reforms Period, Palgrave Macmillan, Londoan Rao, M Govinda, Shand, R. T. and Kalirajan, K. P. (1999), ‘Convergence of Income across Indian States: A Divergent View’, Economic and Political Weekly, March 27-April 2, Vol XXXIV, No 13, pp. 769-78. Papola T.S. (2005), ‘Emerging Structure of Indian Economy: Implications of Growing Inter-sectoral Imbalances’, Presidential Address at the 88th Annual Meet of the Indian Economic Association, Andhra University, Visakhapatnam, India.