Growth, Structural Change and Poverty Reduction

Hasan, Rana; Lamba, Sneha; Gupta, Abhijit Sen

doi:10.1017/cbo9781316156476.005

Cited by 10 publications

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“…Hasan, Lamba and Gupta (2013) have examined the issue of growth, structural change and poverty reduction. As a part of their larger study, using the decomposition methodology devised by McMillan and Rodrik, they analyse whether structural change is growth enhancing or growth reducing over the period 1987–2009.…”

Section: Review Of Literature On Structural Changes and Growthmentioning

confidence: 99%

Structural Change and Economic Growth across Major States of India

Thind

Singh

2018

Millennial Asia

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The structural change in an economy is an important feature of the economic development process. Structural change becomes a potential source of growth in an economy as it induces reallocation of labour from low-productivity to high-productivity sectors, thus leading to fuller and better utilization of overall resources. This article studies the relationship between structural change and growth in 15 major states of India over the 30-year period from 1983–1984 to 2014–2015. The study aims at discovering whether structural changes have contributed to economic growth of these states or otherwise. This is achieved by decomposing the overall labour productivity growth of states into contribution by structural change and within sector change. The results show that in all the states under study structural changes have contributed positively to growth; however, contribution of within sector changes is found to be much more than structural change in all states except Maharashtra.

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Section: Review Of Literature On Structural Changes and Growthmentioning

confidence: 99%

Structural Change and Economic Growth across Major States of India

Thind

Singh

2018

Millennial Asia

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“…Most of the studies, for example McMillan et al (2014), De-Vries et al (2015), Padilla-Pérez and Villarreal (2017), Ahson et al (2017) found within effect stronger than structural change effect in bringing changes in aggregate productivity. However, Hasan et al (2013) and Nguyen (2018) observed varying contributions from the two components in the aggregate productivity growth.…”

Section: Empirical Reviewmentioning

confidence: 96%

Role of Structural Change in Economic Growth: An Empirical Evidence from a Panel of Asian Countries

Riaz

Hussain

Bhatti

2020

Lib. Arts Soc. Sci. Int. J.

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Economic growth, although being a major quest of all the economies, is not an automatic phenomenon. Among its determinants, structural change in the form of reallocation of labour from low to high productivity sectors is of crucial importance. In view of the remarkable growth performance and unprecedented structural change of Asia in the last couple of decades, this paper empirically investigated the case of 20 selected Asian countries. By employing the data spanning from 1991 to 2018, the study shows three main results. First, by employing Shift Share Analysis framework, it reaffirms the findings of previous literature that structural change contributes to the aggregate productivity growth. Second, by utilizing Generalized Methods of Moments technique, the results find it to be an important booster of growth. Third, the results are reliable and consistent with alternative measures of structural change like Norm of Absolute Values and Modified Lilien Index. Taken together, these findings suggest that the governments in Asia (other regions like Africa and Latin America may alike) must chalk out policies for structural change promotion.

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“…However, this rate of poverty reduction had not sustained during the post reforms period, 1991-2008. This is mainly due to lower attainment levels of human development indicators such as nutrition, health, and education (Hasan et al, 2013). During this period, the growth was largely in the services sector where the beneficiaries were mainly non-poor with a relatively higher level of attainment in human development indicators as compared to the rural poor who were mainly dependent on agriculture.…”

Section: Literature Reviewmentioning

confidence: 99%

Measuring efficiency of Indian states for reducing poverty using data envelopment analysis

Ambarkhane

Singh

Venkataramani

2020

Poverty & Public Policy

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Sustainable development goals adopted by the United Nations in 2015 emphasize on poverty reduction and inclusive growth. In India, development policies focusing on poverty reduction have been implemented since independence. However, there is evidence of rising inequality and slowing down of the rate of poverty reduction, after the introduction of economic reforms. The state governments in India have an important role to play in poverty alleviation. Thus, it is necessary to measure the performance of the states in respect of the same. Data envelopment analysis is used by considering input variables, namely, growth, development expenditure, irrigation, and government performance. Percentage of non-poor is used as an output variable. This paper measures efficiency with which poverty has been alleviated in 19 states covering 90% population, for the years 2006, 2010, and 2014. Resource-rich states are found to be inefficient, whereas states with resource scarcity use them efficiently. Moreover, poor states with lower per capita gross domestic product (GDP) are found to be more efficient as compared to those with higher per capita GDP. The states with high incidence of poverty are found to be catching up with states with low incidence of poverty. It is found that inequality and high indebtedness adversely impact the efficiency of states.

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Growth, Structural Change and Poverty Reduction

Cited by 10 publications

References 0 publications

Structural Change and Economic Growth across Major States of India

Structural Change and Economic Growth across Major States of India

Role of Structural Change in Economic Growth: An Empirical Evidence from a Panel of Asian Countries

Measuring efficiency of Indian states for reducing poverty using data envelopment analysis

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