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100 _a Ghosh, Taniya and Kaustubh
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245 _aGrowth divergence between Indian states
260 _aEconomic & Political Weekly
300 _a60(6), Feb 8, 2025: p.50-57
520 _aOver the last few years, there has been rising inequality among Indian states in terms of per capita gross domestic product. By examining the convergence or divergence between 20 major Indian states from 2000 to 2019, we find that the differences in productivity growth rates, as well as different steady states, are the drivers of states’ increasing per capita GSDP inequality. The population growth rate, the bank credit to GSDP ratio, and the shares of agriculture and industry in GSDP contribute to the differences in steady states across states. Further research is needed to identify the factors driving differences in productivity growth rates across states. – Reproduced https://www.epw.in/journal/special-articles/growth-divergence-between-indian-states.html
773 _aEconomic & Political Weekly
942 _cAR