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| Author: | Cashin, P. Sahay, R. |
| Title: | Internal migration, center-state grants, and economic growth in the States of India |
| Journal: | Staff Papers
1996 : MAR, VOL. 43:1, p. 123-171 |
| Index terms: | MIGRATION MANAGEMENT ECONOMIC GROWTH |
| Language: | eng |
| Abstract: | This paper examines the growth experience of 20 states of India during 1961-91, using cross-sectional estimation and the analytical framework of the Solow-Swan neoclassical growth model. The authors find evidence of absolute convergence - initially poor states grew faster than their initially rich counterparts. Also, the dispersion of real per capita state incomes widened over the period 1961-1991. However, relatively more grants were transferred from the central government to the poor states than to their rich counterparts. |
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