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Examining The Income Convergence Among Indian States: A Panel Data Approach

Author

Listed:
  • Suresh K.G.

    (Faculty of Management Studies (FMS), The ICFAI University, Dehradun)

  • Mukund Kumar

    (Faculty of Management Studies (FMS), The ICFAI University, Dehradun)

Abstract

After crossing the Hindu growth rate in 1990s the Indian economy has been experiencing a consistent and increasing growth of national gross domestic product both at current and constant prices. This growth in the national level gross domestic product is resulting in a high growth rate of the state domestic product of various states. However, it will be interesting to examine whether there is any convergence in the economic growth of the Indian states or not. The findings of present study indicates the convergence of per capita income in the pre reform period, while in the post reform period it confirms the divergence in per capita income among the Indian states.

Suggested Citation

  • Suresh K.G. & Mukund Kumar, 2011. "Examining The Income Convergence Among Indian States: A Panel Data Approach," Economic Research Guardian, Weissberg Publishing, vol. 1(1), pages 42-48, September.
    • Handle: RePEc:wei:journl:v:1:y:2011:i:1:p:42-48
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    More about this item

    Keywords

    Convergence; Economic growth; Per capita state domestic product;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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