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Shocks, Economic Growth and the Indian Economy

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  • Sabyasachi Kar
  • B B Bhattacharya

Abstract

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall and fiscal profligacy) and three external shocks (oil price hike, world trade shock and capital flow shock) that affect the economy through various channels. [Working paper No. 259]. URL: [http://www.iegindia.org/].

Suggested Citation

  • Sabyasachi Kar & B B Bhattacharya, 2011. "Shocks, Economic Growth and the Indian Economy," Working Papers id:4319, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:4319
    Note: Institutional Papers
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    References listed on IDEAS

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    1. Pritchett, Lant, 2000. "Understanding Patterns of Economic Growth: Searching for Hills among Plateaus, Mountains, and Plains," The World Bank Economic Review, World Bank, vol. 14(2), pages 221-250, May.
    2. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. Amruta Mohanty, 2023. "External Stimulus to Social Sector Expenditure in India: An Interstate Analysis," Journal of Studies in Dynamics and Change (JSDC), ISSN: 2348-7038, Voices of Inclusive Change and Expressions- (VOICE) Trust, Dehradun, Uttarakhand, vol. 10(2), pages 27-44, April-Jun.
    2. Anuradha Patnaik, 2022. "Measuring Demand and Supply Shocks From COVID-19: An Industry-Level Analysis for India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 16(1), pages 76-105, February.

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