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It Was All Gonna Trickle Down: What Has Growth In India''s Advanced Sectors Really Done For The Rest?

Johnes, G (2009) It Was All Gonna Trickle Down: What Has Growth In India''s Advanced Sectors Really Done For The Rest? Working Paper. The Department of Economics, Lancaster University.

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    Abstract

    A theory is developed in which the extent to which growth in advanced industrial sectors trickles down to other sectors is dependent upon, capital market frictions, migration, and the strength of interindustry linkages. It is shown that perverse results can arise, and that the efficacy of any policies that rely on tricke down is therefore an empirical issue. Using data from India, we investigate whether growth in the advanced sectors generates growth elsewhere in the economy, and find that it does not.

    Item Type: Monograph (Working Paper)
    Uncontrolled Keywords: growth ; development
    Subjects: UNSPECIFIED
    Departments: Lancaster University Management School > Economics
    ID Code: 48968
    Deposited By: ep_importer_pure
    Deposited On: 11 Jul 2011 22:25
    Refereed?: No
    Published?: Published
    Last Modified: 27 Jul 2012 01:19
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/48968

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