"Understanding growth convergence in India (1981-2010): Looking beyond the usual suspects".

ABSTRACT: The literature on growth convergence has focused to a great extent on the role of initial incomes as a primary determinant of long-term growth outcomes. Expanded versions of growth models have used other explanators to unpack the growth process. In this paper we add to the literature in two significant ways: (a) we use socioeconomic variables that are sometimes overlooked in explaining growth (such as, political stability and political alliance, social heterogeneity, and demographic distribution), and (b) we demonstrate that earlier analyses may be overlooking the problem of normality and endogeneity in regression models (and we provide alternate methods like instrumental variable and distribution dynamics to control for these). In this paper we analyze the per capita income growth at the

SUBMITTER: Lolayekar AP 

PROVIDER: S-EPMC7266299 | biostudies-literature | 2020

REPOSITORIES: biostudies-literature