Sectoral Infrastructure Investments in an Unbalanced Growing Economy: The Case of Potential Growth in India

Sectoral Infrastructure Investments in an Unbalanced Growing Economy: The Case of Potential Growth in India

We construct a two-sector (agriculture and modern) overlapping generations growth model calibrated to India to study the effects of sectoral tax rates, sectoral infrastructure investments, and labor market frictions on potential growth in India. Our model is motivated by the idea that because misall...

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Bibliographic Details
Main Authors: Chetan Ghate, Gerhard Glomm, Jialu Liu Streeter
Format: Article
Language:English
Published: The MIT Press 2016-09-01
Series:Asian Development Review
Subjects:
Indian economic growth
misallocation
public capital
structural transformation
two-sector OLG growth models
unbalanced growth
Online Access:https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00076

Internet

https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00076

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