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Did liberal eonomic regime contribute to the growth performance of the manufacturing sector in India?

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  • Albin, Thaarcis

Abstract

This paper attempts to verify whether liberal economic measures introduced in India since 1991/92 has brought any statistically significant growth difference in the growth performance of the manufacturing sector in India. It used the time series data from 1973/74 to 2007/08. Periodised it based on both the exogenously and endogenously determined breaks for cross verification of the growth results and arrived at the conclusion that the liberal economic regime failed to contribute to the growth performance of the manufacturing sector in India

Suggested Citation

  • Albin, Thaarcis, 2012. "Did liberal eonomic regime contribute to the growth performance of the manufacturing sector in India?," MPRA Paper 43181, University Library of Munich, Germany, revised 12 Dec 2012.
    • Handle: RePEc:pra:mprapa:43181
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    File URL: https://mpra.ub.uni-muenchen.de/43181/1/MPRA_paper_43181.pdf
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    References listed on IDEAS

    as
    1. Balakrishnan, Pulapre, 2010. "Economic Growth in India: History and Prospect," OUP Catalogue, Oxford University Press, number 9780198065470.
    2. World Bank, 2009. "World Development Indicators 2009," World Bank Publications - Books, The World Bank Group, number 4367.
    3. Jushan Bai & Pierre Perron, 1998. "Estimating and Testing Linear Models with Multiple Structural Changes," Econometrica, Econometric Society, vol. 66(1), pages 47-78, January.
    4. Jushan Bai & Pierre Perron, 2003. "Computation and analysis of multiple structural change models," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(1), pages 1-22.
    5. Nicholas Kaldor, 1961. "Capital Accumulation and Economic Growth," International Economic Association Series, in: D. C. Hague (ed.), The Theory of Capital, chapter 0, pages 177-222, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Growth Rate; Manufacturing Sector; Liberal Economic Regime and Protected Regime;
    All these keywords.

    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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