IDEAS home Printed from https://ideas.repec.org/a/ris/jrdpin/0007.html
   My bibliography  Save this article

Economic Growth And Sectoral Linkages: Empirical Evidence From Odisha

Author

Listed:
  • Behera, Deepak Kumar

    (Entrepreneurship Development Institute of India)

Abstract

The present paper analyses the trends in sectoral shares in state domestic product and inter-sectoral linkages in Odisha for the period 1980-81 to 2011-12. Results drawn from Granger causality test suggest that there is a weak linkage between primary and secondary sectors in the growth process. In the case of primary and tertiary sector services, though the primary sector does not show linkages with the tertiary sector as a whole, it does have linkages with some important sub-services like trade, hotel and restaurant services. Between secondary and sub-sector of tertiary sectors, there is an independent relationship of industry with trade, hotel and restaurant, and community, social and personal services. However, there is a unidirectional causality between secondary to finance, insurance, real estate and business services on one hand and transport, storage and communication to secondary sector on the other. The long-run cointegration results show a strong relationship between secondary and TSC services in the economy on one hand and independent long run relationship within FIRB on the other. However, results based on error correction model indicate a weak association between the sectors in the short run. Though the linkage is significant between the sectors, but it is not linked with three sector analysis where primary sector is completely missing for a relatively faster adjustment towards long run equilibrium rate of growth.

Suggested Citation

  • Behera, Deepak Kumar, 2012. "Economic Growth And Sectoral Linkages: Empirical Evidence From Odisha," Journal of Regional Development and Planning, Rajarshi Majumder, vol. 1(2), pages 91-102.
    • Handle: RePEc:ris:jrdpin:0007
    as

    Download full text from publisher

    File URL: http://www.jrdp.in/archive/1_2_2.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Manoj K. Panda, 2008. "Economic development in Orissa: Growth without inclusion?," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2008-025, Indira Gandhi Institute of Development Research, Mumbai, India.
    2. Kanwar, Sunil, 2000. "Does the Dog Wag the Tail or the Tail the Dog? Cointegration of Indian Agriculture with Nonagriculture," Journal of Policy Modeling, Elsevier, vol. 22(5), pages 533-556, September.
    3. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    4. Manoj Panda, 2008. "Economic Development in Orissa : Growth Without Inclusion?," Development Economics Working Papers 22153, East Asian Bureau of Economic Research.
    5. repec:ind:iegddp:70 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Priyabrata Sahoo & Kirtti Ranjan Paltasingh, 2019. "Examining Growth–Inequality Nexus in Post-reform Odisha: A Sectoral Decomposition Analysis," Journal of Development Policy and Practice, , vol. 4(1), pages 12-34, January.
    2. Rittu Susan Varkey & Prasant Kumar Panda, 2018. "Inter-sectoral Growth Linkages and Their Implications for Agriculture: Evidence from Indian States," Millennial Asia, , vol. 9(3), pages 262-277, December.
    3. Rittu Susan Varkey & Prasant Kumar Panda, 2020. "Inter-state Growth Spillovers in Indian Major States: An Empirical Analysis," Jindal Journal of Business Research, , vol. 9(1), pages 7-17, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Samantha Balaton‐Chrimes & Sandeep Kumar Pattnaik, 2022. "The Rightful Share: Land and Effective Claim Making in Odisha, India," Development and Change, International Institute of Social Studies, vol. 53(3), pages 623-646, May.
    2. Temper, Leah & Martinez-Alier, Joan, 2013. "The god of the mountain and Godavarman: Net Present Value, indigenous territorial rights and sacredness in a bauxite mining conflict in India," Ecological Economics, Elsevier, vol. 96(C), pages 79-87.
    3. Chebbi, Houssem Eddine & Lachaal, Lassaad, 2007. "Agricultural sector and economic growth in Tunisia: Evidence from co-integration and error correction mechanism," MPRA Paper 9101, University Library of Munich, Germany.
    4. Kanwar, Sunil, 2000. "Does the Dog Wag the Tail or the Tail the Dog? Cointegration of Indian Agriculture with Nonagriculture," Journal of Policy Modeling, Elsevier, vol. 22(5), pages 533-556, September.
    5. Matilde Adduci, 2012. "Neoliberalism and Class Reproduction in India: The Political Economy of Privatisation in the Mineral Sector in the Indian State of Orissa," Forum for Social Economics, Taylor & Francis Journals, vol. 41(1), pages 68-96, April.
    6. Subramaniam, Vijay & Reed, Michael R., 2009. "Agricultural Inter-Sectoral Linkages and Its Contribution to Economic Growth in the Transition Countries," 2009 Conference, August 16-22, 2009, Beijing, China 51586, International Association of Agricultural Economists.
    7. Czujack, Corinna & Flôres Junior, Renato Galvão & Ginsburgh, Victor, 1995. "On long-run price comovements between paintings and prints," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 269, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    8. Santos, João & Domingos, Tiago & Sousa, Tânia & St. Aubyn, Miguel, 2016. "Does a small cost share reflect a negligible role for energy in economic production? Testing for aggregate production functions including capital, labor, and useful exergy through a cointegration-base," MPRA Paper 70850, University Library of Munich, Germany.
    9. Law, Siong Hook & Tan, Hui & baharumshah, ahmad, 1999. "Financial Liberalization in ASEAN and the Fisher Hypothesis," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 33, pages 65-86.
    10. Bloch, Harry & Rafiq, Shuddhasattwa & Salim, Ruhul, 2015. "Economic growth with coal, oil and renewable energy consumption in China: Prospects for fuel substitution," Economic Modelling, Elsevier, vol. 44(C), pages 104-115.
    11. Gevorkyan, Arkady & Semmler, Willi, 2016. "Oil price, overleveraging and shakeout in the shale energy sector — Game changers in the oil industry," Economic Modelling, Elsevier, vol. 54(C), pages 244-259.
    12. Growitsch Christian & Nepal Rabindra & Stronzik Marcus, 2015. "Price Convergence and Information Efficiency in German Natural Gas Markets," German Economic Review, De Gruyter, vol. 16(1), pages 87-103, February.
    13. Athanasopoulos, George & de Carvalho Guillén, Osmani Teixeira & Issler, João Victor & Vahid, Farshid, 2011. "Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions," Journal of Econometrics, Elsevier, vol. 164(1), pages 116-129, September.
    14. Md.Yousuf & Raju Ahmed & Nasrin Akther Lubna & Shah Md. Sumon, 2019. "Estimating the Services Sector Impact on Economic Growth of Bangladesh: An Econometric Investigation," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 7(2), pages 62-72, June.
    15. Jason Allen & Robert Amano & David P. Byrne & Allan W. Gregory, 2009. "Canadian city housing prices and urban market segmentation," Canadian Journal of Economics, Canadian Economics Association, vol. 42(3), pages 1132-1149, August.
    16. Vassilis Monastiriotis & Cigdem Borke Tunali, 2020. "The Sustainability of External Imbalances in the European Periphery," Open Economies Review, Springer, vol. 31(2), pages 273-294, April.
    17. Zamani, Mehrzad, 2007. "Energy consumption and economic activities in Iran," Energy Economics, Elsevier, vol. 29(6), pages 1135-1140, November.
    18. Muhammad Shafiullah & Ravinthirakumaran Navaratnam, 2016. "Do Bangladesh and Sri Lanka Enjoy Export-Led Growth? A Comparison of Two Small South Asian Economies," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 17(1), pages 114-132, March.
    19. Xu, Haifeng & Hamori, Shigeyuki, 2012. "Dynamic linkages of stock prices between the BRICs and the United States: Effects of the 2008–09 financial crisis," Journal of Asian Economics, Elsevier, vol. 23(4), pages 344-352.
    20. Menzie Chinn & Louis Johnston, 1996. "Real Exchange Rate Levels, Productivity and Demand Shocks: Evidence from a Panel of 14 Countries," NBER Working Papers 5709, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    Growth; Sectoral Linkage; Odisha; Causality; Cointegration;
    All these keywords.

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:jrdpin:0007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rajarshi Majumder (email available below). General contact details of provider: http://www.jrdp.in .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.