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DO LARGE AGGLOMERATIONS LEAD TO ECONOMIC GROWTH? EVIDENCE FROM URBAN INDIA.
- Source :
-
Review of Urban & Regional Development Studies . Nov2013, Vol. 25 Issue 3, p176-200. 25p. - Publication Year :
- 2013
-
Abstract
- The cities and towns of India constitute the world's second largest urban system and contribute over 50% of the country's gross domestic product (GDP). This phenomenon has been neglected by the existing studies and writings on urban India. By considering 59 large cities in India and employing new economic geography models, this paper investigates the relevant state- and city-specific determinants of urban agglomeration and urban economic growth. In addition, the effect of urban agglomeration on India's urban economic growth is estimated. The empirical results show that agglomeration economies are policy-induced as well as market-determined and offer evidence of the strong positive effect of agglomeration on urban economic growth in India's urban system. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09170553
- Volume :
- 25
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- Review of Urban & Regional Development Studies
- Publication Type :
- Academic Journal
- Accession number :
- 91615076
- Full Text :
- https://doi.org/10.1111/rurd.12014