TY - BOOK ID - 84544300 TI - Growth Convergence and Spillovers among Indian States : What Matters? What Does Not? AU - Sodsriwiboon, Piyaporn. AU - Kalra, Sanjay. PY - 2010 SN - 1462382983 1452792429 128355206X 1451982828 9786613864512 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Infrastructure KW - Investments: General KW - Macroeconomics KW - Industries: Service KW - Personal Income, Wealth, and Their Distributions KW - Investment KW - Capital KW - Intangible Capital KW - Capacity KW - Externalities KW - Industry Studies: Services: General KW - Personal income KW - Spillovers KW - Private investment KW - Services sector KW - Income KW - Saving and investment KW - International finance KW - Service industries KW - India UR - https://www.unicat.be/uniCat?func=search&query=sysid:84544300 AB - Convergence and spillovers across countries and within countries are old, but recurrent policy concerns, and India is no exception to this rule. This paper examines convergence and spillovers across Indian states using non-stationary panel data techniques. Results on convergence among Indian states are generally found to be similar, but more nuanced, than previous studies. Generally speaking, there is evidence of divergence over the entire sample period, convergence during sub-periods corresponding to structural breaks, and club convergence. There is strong evidence of club convergence among the high- and low-income states; the evidence for middle-income states is mixed. Dynamic spillover effects among states are small. ER -