The "V-Factor": Distribution, Timing and Correlates of the Great Indian Growth Turnaround
Chetan Ghate and
Stephen Wright
No 783, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research
Abstract:
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.
Keywords: Principal components; divergence; Indian States (search for similar items in EconPapers)
JEL-codes: O10 O40 O47 O53 (search for similar items in EconPapers)
Pages: 39 p.
Date: 2008
New Economics Papers: this item is included in nep-cwa
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
https://www.diw.de/documents/publikationen/73/diw_01.c.82513.de/dp783.pdf (application/pdf)
Related works:
Journal Article: The “V-factor”: Distribution, timing and correlates of the great Indian growth turnaround (2012)
Working Paper: The "V-Factor": Distribution, Timing and Correlates of the Great Indian Growth Turnaround (2009)
Working Paper: V-Factor: Distribution, timing and correlates of the the great Indian growth turnaround (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:diw:diwwpp:dp783
Access Statistics for this paper
More papers in Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Bibliothek ().