Pseudo-inclusiveness of Marginalised Section in Economic Growth of India
Price: ₹ 500
Author: Ishu Chadda
Author Address: Assistant Professor, Department of Agriculture, Guru Nanak Dev University, Amritsar-143 005 (Punjab)
Keywords: Economic growth, inclusiveness, marginalised population.
JEL Codes: C22, H53, I38, O11.
Abstract
The study aimed to construct the index of inclusive development in India from 1985 to 2019 using Principal Component Analysis. The analysis revealed a slower initial trend in inclusiveness in India, followed by an observed increase. Additionally, the study examined the growth of the marginalized section using the inclusiveness index through regression analysis. A significant relationship was found between these two variables. However, the Engle-Granger Cointegration Test indicated no long-run equilibrium relationship between them. Finally, the Granger Causality Test suggested a unidirectional relationship from LNEXPMS to LNIDI.
Description
Indian J Econ Dev, 2024, 20(4), 656-664
https://doi.org/10.35716/IJED-22099