1.

Record Nr.

UNINA9910788405403321

Autore

Purfield Catriona

Titolo

Mind the Gap—Is Economic Growth in India Leaving Some States Behind? / / Catriona Purfield

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-4274-4

1-4527-9555-X

1-283-51546-6

1-4519-0897-0

9786613827913

Descrizione fisica

1 online resource (28 p.)

Collana

IMF Working Papers

Soggetti

Economic development - Econometric models

Labor

Macroeconomics

Social Services and Welfare

Poverty and Homelessness

Personal Income, Wealth, and Their Distributions

Government Policy

Provision and Effects of Welfare Program

Labor Economics: General

Employment

Unemployment

Wages

Intergenerational Income Distribution

Aggregate Human Capital

Aggregate Labor Productivity

Welfare, Well-Being, and Poverty: General

Labour

income economics

Social welfare & social services

Poverty & precarity

Personal income

Poverty reduction

Poverty

Income

Labor economics

Economic theory



India Economic policy

India

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"April 2006".

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. STYLIZED FACTS ABOUT GROWTH IN INDIA""; ""III. DO POLICIES MATTER?""; ""IV. CONCLUSION""; ""REFERENCES""

Sommario/riassunto

This paper examines how growth has varied across India's states. It finds that (i) the income gap between rich and poor states has widened; (ii) rich and faster-growing states have been more effective in reducing poverty; (iii) poor and slower-growing states have had little success in generating private sector jobs; (iv) labor and capital flows do little to close income gaps; and (v) the volatility in economic growth is greatest in poor states. Differences in states' policies affect the cross-state pattern of growth. Greater private sector investment, smaller governments, and better institutions are found to have a positive impact on growth.