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The Differential Effects of Financial Development on India's Industrial Performance

Gupta, Nitin

Description

The paper aims to investigate the differential impact of increased financial development on industrial output, across state and industry categories. Using an unbalanced panel of 15 Indian states, 22 industries at the 2-digit level, and an 11-year period spanning 1992- 2002, the paper�s most novel contribution comes from hypothesising and testing for operating channels though which increased financial depth benefits output. It is concluded that financial depth facilitates increased use of...[Show more]

CollectionsANU Research Publications
Date published: 2011
Type: Conference paper
URI: http://hdl.handle.net/1885/56813
Source: Proceedings of Australian Conference of Economists 2011

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