Why India Can Grow at 7 Percent a Year or More: Projections and Reflections

Author/Editor: Rodrik, Dani ; Subramanian, Arvind
Publication Date: July 01, 2004
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary: Using a simple growth accounting framework, we project India's future potential output growth rate through 2025. We argue that there is perhaps more upside potential than downside risks to our central estimate of annual growth, which is close to 7 percent for aggregate output, or 5.5 percent for output per capita.
Series: Working Paper No. 04/118
Subject(s): Economic growth | India | Production

Author's Keyword(s): Growth | institutions
Publication Date: July 01, 2004
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA1182004 Pages: 16
US$15.00 (Academic Rate:
US$15.00 )
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