Purpose The dynamics of economic growth in India continues to engage economists and still remains much debated. The trends and patterns of growth observed in India have seen acceleration in growth in Indian economy in the period following macroeconomic reforms and policy changes in investment and trade regimes. However, when and how did India transform itself from Hindu rate of growth to the present growth regime continues to be debated. Design/methodology/approach Using INDIA KLEMS data set, this study provides a distinctive perspective on India’s economic growth. A unique data set comprising 27 sectors of Indian economy at a disaggregate industry level for a period of 30 years, beginning 1980s, attempts to understand the dynamics of India’s growth from the contribution of industries that comprise the Indian economy. Findings This productivity data set offers a new way of analyzing the dynamics of growth including the sources of growth. The growth empirics allow evaluation of the relative significance of total factor productivity growth vis-a-vis input accumulation in accounting for output growth. In addition, the authors were able to document the industry contributions to aggregate growth. In this way, they were able to analyze the importance of the constituent industries within the different sectors of the economy − agriculture, manufacturing, construction and market, as well as non-market services in accounting for the observed growth in India. In conclusion, the industry perspective offers a new and analytical way of discerning new aspects of India’s march to higher growth regimes in post-1990s era. Originality/value A unique data set comprising 27 sectors of Indian economy at a disaggregate industry level for a period of 30 years, beginning 1980s, attempts to understand the dynamics of India’s growth from the contribution of industries that comprise the Indian economy.

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印度经济增长有何新变化？行业级生产力视角

目的 印度经济增长的动力继续吸引经济学家，但仍然存在很多争论。在印度观察到的增长趋势和模式表明，在宏观经济改革和投资和贸易体制政策变化之后的时期内，印度经济增长加速。然而，印度何时以及如何从印度教的增长率转变为目前的增长体制仍然存在争议。设计/方法/途径 本研究使用 INDIA KLEMS 数据集，为印度的经济增长提供了独特的视角。一个独特的数据集包括印度经济的 27 个部门，从 1980 年代开始的 30 年间，在分解的行业层面上，试图从构成印度经济的行业的贡献中了解印度的增长动态。调查结果 该生产力数据集提供了一种分析增长动力（包括增长来源）的新方法。增长经验允许评估全要素生产率增长相对于投入积累在解释产出增长方面的相对重要性。此外，作者能够记录行业对总体增长的贡献。通过这种方式，他们能够分析不同经济部门（农业、制造业、建筑和市场以及非市场服务）中的组成行业在印度观察到的增长中的重要性。总之，行业视角提供了一种新的分析方式，可以辨别印度在 1990 年代后向更高增长体制进军的新方面。