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Dynamic Macroeconomic Performance of Indian States: Some Post-Reform Evidence

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Regional Growth and Sustainable Development in Asia

Part of the book series: New Frontiers in Regional Science: Asian Perspectives ((NFRSASIPER,volume 7))

Abstract

This chapter makes an attempt to assess the dynamic macroeconomic performance (DMEP) of fifteen major Indian States using three macro indicators viz., gross state domestic product (GSDP), fiscal deficit as percentage of the GSDP and price measured by the GSDP deflator. Keeping in mind consistency in data availability and the post-liberalization period, our study period spans over 1993–94 to 2014–15. All the three indicators are measured in 2004–05 prices. Our finding reveals that States that exhibit higher macroeconomic performance are less poverty ridden and also face less inequality.

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Authors and Affiliations

  1. School of Economics, University of Hyderabad, Gachibowli, Hyderabad, 500 046, India

    Debashis Acharya

  2. Xavier Institute of Management, Xavier University, Bhubaneswar, 751 013, India

    Biresh K. Sahoo

Authors
  1. Debashis Acharya
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  2. Biresh K. Sahoo
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Correspondence to Debashis Acharya .

Editor information

Editors and Affiliations

  1. Department of Economics, Rochester Institute of Technology, Rochester, New York, USA

    Amitrajeet A. Batabyal

  2. Department of Spatial Economics, Tinbergen Institute, Amsterdam, The Netherlands

    Peter Nijkamp

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Acharya, D., Sahoo, B.K. (2017). Dynamic Macroeconomic Performance of Indian States: Some Post-Reform Evidence. In: Batabyal, A., Nijkamp, P. (eds) Regional Growth and Sustainable Development in Asia. New Frontiers in Regional Science: Asian Perspectives, vol 7. Springer, Cham. https://doi.org/10.1007/978-3-319-27589-5_9

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