Comparing Regional Development in China and India

Wu, Yue

doi:10.1057/9780230282094_8

Cited by 4 publications

(3 citation statements)

References 26 publications

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“…The effect of primary school education is positive and statistically significant for both China and India. These results are consistent with theory, our expectations and other empirical findings (Alfaro, 2003;Srinivasan, 2006;Wu, 2008).…”

Section: Empirical Illustrationsupporting

confidence: 94%

“…Social investments have a statistically significant effect on growth and income but FDI does not have such an effect (Sen, 1997;Alfaro, 2003;Wu, 2008). China's social investments such as primary and secondary education have been consistently lower than India's comparable investments.…”

Section: Arguments Regarding Social Investmentmentioning

confidence: 99%

“…The second point relates to trade‐off choices in investments: investment in physical infrastructure has to be prioritized in the total composition of all the investments. Social investments have a statistically significant effect on growth and income but FDI does not have such an effect (Sen, 1997; Alfaro, 2003; Wu, 2008). China's social investments such as primary and secondary education have been consistently lower than India's comparable investments.…”

Section: Infrastructure Social Investment Governance Institutions and Export‐importmentioning

confidence: 99%

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India's economic growth and market potential: benchmarked against China

Kalyanaram¹

2009

Journal of Indian Business Research

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PurposeIn the context of India's growth and development benchmarked against China, this paper aims to address two important research questions: How do the growth models and market potential of China and India compare? What are some policy lessons to be learned?Design/methodology/approachThis paper presents a critical analysis and review of the empirical results.FindingsWhile India has adopted policies that have stimulated consumer demand and fostered entrepreneurship, China has adopted policies that have encouraged resource‐mobilization. China's physical infrastructure, while impressive, may have come at the cost of social investments (e.g. primary and secondary education). Empirical result shows that social investments are important for an economy's sustained growth, more than incentives to attract foreign direct investments. While the structure of the economy appears to be more promising for India, there is one enigmatic issue yet to be understood: China's path of economic development (agriculture to industry to services) has been demonstrated to be viable but India's path of development (almost directly agrarian to services‐based) may or may not be viable (the jury is still out). Finally, data from China and India are not yet discriminating enough to answer the question: is growth driven by greater export‐import trade recommended for long‐term and stable growth?Originality/valueThis study shows that while China and India have adopted two different models of growth, India's model is likely to be more sustainable.

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Section: Empirical Illustrationsupporting

confidence: 94%

Section: Arguments Regarding Social Investmentmentioning

confidence: 99%

Section: Infrastructure Social Investment Governance Institutions and Export‐importmentioning

confidence: 99%

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India's economic growth and market potential: benchmarked against China

Kalyanaram¹

2009

Journal of Indian Business Research

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Poverty and Exclusion of Minorities in China and India

Bhalla¹,

Luo²

2017

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translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

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Sixty Years of Fiscal Analysis in India: An Overview

Reddy

2012

SSRN Journal

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Comparing Regional Development in China and India

Cited by 4 publications

References 26 publications

India's economic growth and market potential: benchmarked against China

India's economic growth and market potential: benchmarked against China

Poverty and Exclusion of Minorities in China and India

Sixty Years of Fiscal Analysis in India: An Overview

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