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 evid...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2004
|
| Series: | IMF Working Papers
Working Paper No. 04/77 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | 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 |
| Physical Description: | 1 Online-Ressource (42 p) |
| ISBN: | 1451850026 9781451850024 |
Staff View
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:25Z |
| indexdate | 2024-07-10T09:35:33Z |
| institution | BVB |
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| spelling | Rodrik, Dani Verfasser aut From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition Rodrik, Dani Washington, D.C International Monetary Fund 2004 1 Online-Ressource (42 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/77 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 Online-Ausg Subramanian, Arvind Sonstige oth http://elibrary.imf.org/view/IMF001/02665-9781451850024/02665-9781451850024/02665-9781451850024.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Rodrik, Dani From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition |
| title | From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition |
| title_auth | From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition |
| title_exact_search | From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition |
| title_exact_search_txtP | From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition |
| title_full | From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition Rodrik, Dani |
| title_fullStr | From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition Rodrik, Dani |
| title_full_unstemmed | From ""Hindu Growth"" to Productivity Surge The Mystery of the Indian Growth Transition Rodrik, Dani |
| title_short | From ""Hindu Growth"" to Productivity Surge |
| title_sort | from hindu growth to productivity surge the mystery of the indian growth transition |
| title_sub | The Mystery of the Indian Growth Transition |
| url | http://elibrary.imf.org/view/IMF001/02665-9781451850024/02665-9781451850024/02665-9781451850024.xml |
| work_keys_str_mv | AT rodrikdani fromhindugrowthtoproductivitysurgethemysteryoftheindiangrowthtransition AT subramanianarvind fromhindugrowthtoproductivitysurgethemysteryoftheindiangrowthtransition |