000 01123pab a2200181 454500
008 180718b2009 xxu||||| |||| 00| 0 eng d
100 _aHaldar, Sushil Kumar
245 _aEconomic growth in India revisited: an application of cointegration and error correction mechanism
260 _c2009
300 _ap.105-26.
362 _aJan-Jun
520 _aThis article tries to examine the relevance of the three distinct types of the growth models, namely, physical capital accumulation - led growth, export-led growth and Lucas-type human capital accumulation-led growth in India taking a long-time series data from 1950-51 to 2003-04. Employing the Johansen's cointegration and error correction model, we find that the human capital investment plays a crucial role both in the long run as well as in the short rn. The export-led growth hypothesis a partially valid whereas the physical capital investment-led growth appears to be insignificant in our findings. - Reproduced.
650 _aEconomic growth -India
650 _aEconomic growth
773 _aSouth Asia Economic Journal
908 _aN
909 _a84444
999 _c84444
_d84444