Comparing China and India: Is the dividend of economic reforms polarized?
The paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India. The results show that national-level development quality...
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| Format: | Article |
| Language: | English |
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Università Carlo Cattaneo LIUC
2009-06-01
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| Series: | The European Journal of Comparative Economics |
| Subjects: | |
| Online Access: | http://eaces.liuc.it/18242979200901/182429792009060105.pdf |
| _version_ | 1819027818777935872 |
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| author | Sudip Ranjan Basu |
| author_facet | Sudip Ranjan Basu |
| author_sort | Sudip Ranjan Basu |
| collection | DOAJ |
| description | The paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India. The results show that national-level development quality grew three times faster in China than in India. Conversely, the health quality index grew three times as fast in India than China over the period 1980-2004, narrowing the gap in outcomes. The overall regional development quality level improved in both countries, but polarization widened in China. The direction of overall inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies. The inter-regional economic polarization in recent years is more pronounced in India. |
| first_indexed | 2024-12-21T05:48:31Z |
| format | Article |
| id | doaj.art-40714039ee8d443b8f45b00629758281 |
| institution | Directory Open Access Journal |
| issn | 1824-2979 |
| language | English |
| last_indexed | 2024-12-21T05:48:31Z |
| publishDate | 2009-06-01 |
| publisher | Università Carlo Cattaneo LIUC |
| record_format | Article |
| series | The European Journal of Comparative Economics |
| spelling | doaj.art-40714039ee8d443b8f45b006297582812022-12-21T19:14:03ZengUniversità Carlo Cattaneo LIUCThe European Journal of Comparative Economics1824-29792009-06-01615799Comparing China and India: Is the dividend of economic reforms polarized?Sudip Ranjan BasuThe paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India. The results show that national-level development quality grew three times faster in China than in India. Conversely, the health quality index grew three times as fast in India than China over the period 1980-2004, narrowing the gap in outcomes. The overall regional development quality level improved in both countries, but polarization widened in China. The direction of overall inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies. The inter-regional economic polarization in recent years is more pronounced in India.http://eaces.liuc.it/18242979200901/182429792009060105.pdfDevelopmentInequalityPolarizationChinaIndia |
| spellingShingle | Sudip Ranjan Basu Comparing China and India: Is the dividend of economic reforms polarized? The European Journal of Comparative Economics Development Inequality Polarization China India |
| title | Comparing China and India: Is the dividend of economic reforms polarized? |
| title_full | Comparing China and India: Is the dividend of economic reforms polarized? |
| title_fullStr | Comparing China and India: Is the dividend of economic reforms polarized? |
| title_full_unstemmed | Comparing China and India: Is the dividend of economic reforms polarized? |
| title_short | Comparing China and India: Is the dividend of economic reforms polarized? |
| title_sort | comparing china and india is the dividend of economic reforms polarized |
| topic | Development Inequality Polarization China India |
| url | http://eaces.liuc.it/18242979200901/182429792009060105.pdf |
| work_keys_str_mv | AT sudipranjanbasu comparingchinaandindiaisthedividendofeconomicreformspolarized |