Why India Can Grow at 7 Percent a Year or More: Projections and Reflections

17 Pages Posted: 15 Feb 2006

See all articles by Dani Rodrik

Dani Rodrik

Harvard University - Harvard Kennedy School (HKS); Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

Arvind Subramanian

International Monetary Fund (IMF); Center for Global Development

Date Written: July 2004

Abstract

Using a simple growth accounting framework, we project India`s future potential output growth rate through 2025. We argue that there is perhaps more upside potential than downside risks to our central estimate of annual growth, which is close to 7 percent for aggregate output, or 5.5 percent for output per capita.

Keywords: Growth, institutions

JEL Classification: O11, O47, O53

Suggested Citation

Rodrik, Dani and Subramanian, Arvind, Why India Can Grow at 7 Percent a Year or More: Projections and Reflections (July 2004). IMF Working Paper, Vol. , pp. 1-17, 2004. Available at SSRN: https://ssrn.com/abstract=878942

Dani Rodrik (Contact Author)

Harvard University - Harvard Kennedy School (HKS) ( email )

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HOME PAGE: http://www.ksg.harvard.edu/rodrik/

Centre for Economic Policy Research (CEPR)

London
United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Arvind Subramanian

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Center for Global Development

2055 L St. NW
5th floor
Washington, DC 20036
United States

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