India's economic growth history: fluctuations, trends, break points and phases
By: Virmani, Arvind.
Material type:
ArticlePublisher: 2006Description: p.81-103.Subject(s): Economic growth - India | Economic growth
In:
Indian Economic ReviewSummary: This paper reviews India's growth performance since independence. One of the innovations in this paper is to take explicit account of rainfall variations that play a very important role in the Indian economy. This allows us to determine whether the Indian economy has become less dependent on the monsoons (`drought proof'). It also allows a statistically more accurate determination of the different phases of Indian economic growth. These phases are linked to different policy regimes and therefore allow us to evaluate the impact of a set of policies on economic growth. - Reproduced.
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Indian Institute of Public Administration | Volume no: 41, Issue no: 1 | Available | AR78676 |
This paper reviews India's growth performance since independence. One of the innovations in this paper is to take explicit account of rainfall variations that play a very important role in the Indian economy. This allows us to determine whether the Indian economy has become less dependent on the monsoons (`drought proof'). It also allows a statistically more accurate determination of the different phases of Indian economic growth. These phases are linked to different policy regimes and therefore allow us to evaluate the impact of a set of policies on economic growth. - Reproduced.
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