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  • 标题:The "V-Factor": Distribution, Timing and Correlates of the Great Indian Growth Turnaround.
  • 本地全文:下载
  • 作者:Chetan Ghate, Stephen Wright
  • 期刊名称:DIW Diskussionspapiere / Deutsches Institut für Wirtschaftsforschung, Berlin
  • 出版年度:2008
  • 卷号:2008
  • 出版社:Deutsches Institut für Wirtschaftsforschung, Berlin
  • 摘要:The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive "V"-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the cross-sectional distribution within the All-India total, at both sectoral and state output levels. We also carry out preliminary investigations of correlates of the "V-Factor", using a new panel data set for Indian states from 1960 to 2005 that extends and encompasses all previous datasets relevant to macroeconomic analysis of the Indian states.
  • 关键词:Principal components, divergence, Indian States
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