Inequality of Opportunity and Economic Growth in India

Inequality of Opportunity has emerged as a key determinant of economic growth in some recent studies outside India. It takes the form of a variety of circumstances in which an individual is born. By measuring inequality of opportunity in monthly per capita consumption expenditure (MPCE) for each sta...

Full description

Saved in:
Bibliographic Details
Main Author: Jha, Mrinalini
Other Authors: YSI Asia Convening 2019
Format: Conference or Workshop Item
Language:English
Published: H. : ĐHKT 2020
Subjects:
Online Access:http://repository.vnu.edu.vn/handle/VNU_123/70908
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Vietnam National University, Hanoi
Language: English
id oai:112.137.131.14:VNU_123-70908
record_format dspace
spelling oai:112.137.131.14:VNU_123-709082020-02-19T07:01:12Z Inequality of Opportunity and Economic Growth in India Jha, Mrinalini YSI Asia Convening 2019 Inequality Opportunity Economic growth India Inequality of Opportunity has emerged as a key determinant of economic growth in some recent studies outside India. It takes the form of a variety of circumstances in which an individual is born. By measuring inequality of opportunity in monthly per capita consumption expenditure (MPCE) for each state, this paper examines its relationship with economic growth in the Indian context. By taking the three circumstance variables of father’s education, caste identity, and sector of residence to define the inequality of opportunity share in the overall inequality, and using, as the other regressors, life expectancy and the initial level of income in the economy, we look at it as an explanatory variable in our growth equation. We also run a second specification wherein we replace share of inequality of opportunity with total inequality as our regressor. We find results from seventeen major states of India over the period from 1993-1994 to 2011-2012 indicating that inequality of opportunity has adverse effects on subsequent economic growth. 2020-02-19T06:58:53Z 2020-02-19T06:58:53Z 2019 Conference Paper Jha, M. (2019). Inequality of Opportunity and Economic Growth in India. YSI Asia Convening 2019. http://repository.vnu.edu.vn/handle/VNU_123/70908 en 29 p. application/pdf H. : ĐHKT
institution Vietnam National University, Hanoi
building VNU Library & Information Center
country Vietnam
collection VNU Digital Repository
language English
topic Inequality
Opportunity
Economic growth
India
spellingShingle Inequality
Opportunity
Economic growth
India
Jha, Mrinalini
Inequality of Opportunity and Economic Growth in India
description Inequality of Opportunity has emerged as a key determinant of economic growth in some recent studies outside India. It takes the form of a variety of circumstances in which an individual is born. By measuring inequality of opportunity in monthly per capita consumption expenditure (MPCE) for each state, this paper examines its relationship with economic growth in the Indian context. By taking the three circumstance variables of father’s education, caste identity, and sector of residence to define the inequality of opportunity share in the overall inequality, and using, as the other regressors, life expectancy and the initial level of income in the economy, we look at it as an explanatory variable in our growth equation. We also run a second specification wherein we replace share of inequality of opportunity with total inequality as our regressor. We find results from seventeen major states of India over the period from 1993-1994 to 2011-2012 indicating that inequality of opportunity has adverse effects on subsequent economic growth.
author2 YSI Asia Convening 2019
author_facet YSI Asia Convening 2019
Jha, Mrinalini
format Conference or Workshop Item
author Jha, Mrinalini
author_sort Jha, Mrinalini
title Inequality of Opportunity and Economic Growth in India
title_short Inequality of Opportunity and Economic Growth in India
title_full Inequality of Opportunity and Economic Growth in India
title_fullStr Inequality of Opportunity and Economic Growth in India
title_full_unstemmed Inequality of Opportunity and Economic Growth in India
title_sort inequality of opportunity and economic growth in india
publisher H. : ĐHKT
publishDate 2020
url http://repository.vnu.edu.vn/handle/VNU_123/70908
_version_ 1680963626906681344