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Intergenerational mobility, human capital accumulation, and growth in India

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  • Roy van der Weide
  • Melinda Vigh

Abstract

Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are influenced less by the individual's parents and more by her potential. In an application to 54 state-regions in India (1983-2011), we identify the causal effect of intergenerational mobility on household expenditure's future growth. We find that intergenerational mobility has a positive effect on growth, particularly among the poor.

Suggested Citation

  • Roy van der Weide & Melinda Vigh, 2018. "Intergenerational mobility, human capital accumulation, and growth in India," WIDER Working Paper Series wp-2018-187, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2018-187
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    References listed on IDEAS

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