From 'Hindu Growth' to Productivity Surge : The Mystery of the Indian Growth Transition /

This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence t...

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Bibliografske podrobnosti
Glavni avtor: Rodrik, Dani
Drugi avtorji: Subramanian, Arvind
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2004.
Serija:IMF Working Papers; Working Paper ; No. 2004/077
Online dostop:Full text available on IMF
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245 1 0 |a From 'Hindu Growth' to Productivity Surge :   |b The Mystery of the Indian Growth Transition /  |c Dani Rodrik, Arvind Subramanian. 
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300 |a 1 online resource (42 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence that the trigger may have been an attitudinal shift by the government in the early 1980s that unlike the reforms of the 1990s, was probusiness rather than promarket in character, favoring the interests of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in previous decades, played an important role in determining which states took advantage of the changed environment. 
538 |a Mode of access: Internet 
700 1 |a Subramanian, Arvind. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2004/077 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2004/077/001.2004.issue-077-en.xml  |z IMF e-Library