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dc.contributor.authorBandyopadhyay, Sanghamitraen
dc.date.accessioned2011-12-14T09:43:30Z-
dc.date.available2011-12-14T09:43:30Z-
dc.date.issued2001-
dc.identifier.isbn9291901091en
dc.identifier.urihttp://hdl.handle.net/10419/52908-
dc.description.abstractThis paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income distribution, instead of standard regression and time series analyses. The findings reveal twin-peaks dynamics – the existence of two income convergence clubs, one at 50 per cent, another at 125 per cent of the national average income. Income disparities seem to have declined over the sixties, only to increase over the following three decades. The observed polarisation is strongly explained by the disparate distribution of infrastructure and to an extent by a number of macroeconomic indicators; that of, capital expenditure and fiscal deficits.en
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Discussion Paper |x2001/142en
dc.subject.jelC23en
dc.subject.jelE62en
dc.subject.jelO53en
dc.subject.ddc330en
dc.subject.keywordconvergence clubsen
dc.subject.keywordconditional convergenceen
dc.subject.keyworddistribution dynamicsen
dc.subject.keywordinfrastructureen
dc.subject.keywordcapital investmenten
dc.subject.keywordmacroeconomic stabilityen
dc.subject.keywordpanel dataen
dc.subject.keywordIndiaen
dc.subject.stwEntwicklungskonvergenzen
dc.subject.stwRegionale Disparitäten
dc.subject.stwTeilstaaten
dc.subject.stwIndienen
dc.titleTwin peaks: Convergence empirics of economic growth across Indian States-
dc.typeWorking Paperen
dc.identifier.ppn345631129en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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