000 01557nam a22001577a 4500
999 _c522805
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100 _aSingh, Chhaya
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245 _aRole of geography in structural transformation: the story of Indian states
260 _aProductivity
300 _a63(3), Oct-Dec, 2022: p.343-354
520 _aEconomic activity as a measure of development is generally estimated in terms of Gross Domestic Product (GDP). But the propriety of GDP as a measure of development has been subject to debate. Different theoretical as well as empirical evidences have hinted towards a relationship between geography and economic growth. This paper attempts to test the geographical proximity hypothesis (i.e., economic growth of a region is determined by its geography in general, and its proximity to other developing or under developed regions in particular) in context of India. This paper argues that the growth rate of a region is determined by the proximity to developed or under-developed states and such clusters of proximate states grow together as a whole. This inference has huge policy implications and makes a favourable case for inclusion of geography as a significant determinant of economic growth. - Reproduced
650 _aRegions, International trade, Growth models, Geography, Gross Domestic Product--GDP, Costs Economic growth, Production functions, Natural resources, Low income groups, Economic activity, Productivity
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773 _aProductivity
906 _aECONOMIC GROWTH - INDIA
942 _cAR