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Structural Change, Economic Growth and Trade: Case for Regional Reallocation of Investment in India

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  • Alokesh Barua
  • Aparna Sawhney

Abstract

The economic structure and rates of growth across the states in India are markedly different, with significant disparities in income per capita growth as well as sector-specific performance. The high-income states have typically led the Indian growth story with their high growth rates, while regional inequality continues to increase. The recent policy focus in India has been to encourage inclusive growth across sectors and disparate regions within the country through development of core public services (water, education, transport, healthcare, etc), especially in the poor and special status states. To understand the structural challenges facing India, it is important to understand which economic sectors have been the most critical in driving regional inequality over the years and how these sectors impact economic growth.

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  • Alokesh Barua & Aparna Sawhney, 2016. "Structural Change, Economic Growth and Trade: Case for Regional Reallocation of Investment in India," Working Papers id:10501, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:10501
    Note: Institutional Papers
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    Cited by:

    1. Devasmita Jena & Alokesh Barua, "undated". "Does Trade, Structural Transformation and Income Convergence: Empirical Evidence from the EU and the ASEAN," Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers 18-04, Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India.
    2. Naranpanawa, Athula & Arora, Rashmi, 2014. "Does Trade Liberalization Promote Regional Disparities? Evidence from a Multiregional CGE Model of India," World Development, Elsevier, vol. 64(C), pages 339-349.

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