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Economic freedom of the states of India 2011/

By: Contributor(s): Material type: TextTextPublication details: New Delhi: Academic Foundation, 2011.Description: 78pISBN:
  • 9788171888726
DDC classification:
  • 330.1220954 DEB
Summary: Economic freedom is a concept used to measure the extent to which governments constrain efficient decision-making and distort resource allocation decisions. It has been used in cross-country literature to show that countries with higher levels of economic freedom have better development indicators. However, sub-national attempts to capture economic freedom are rare, pertinent in a federal country like India, where many factor markets are State subjects under the Seventh Schedule. This pioneering work modifies economic freedom concepts and applies them to India’s inter-State setting, not only measuring economic freedom in major States, but also demonstrating links between economic freedom and development.
Item type: Book
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Book Book IIM Kashipur 330.1220954 ECO (Browse shelf(Opens below)) Available 166

Includes index,

Economic freedom is a concept used to measure the extent to which governments constrain efficient decision-making and distort resource allocation decisions. It has been used in cross-country literature to show that countries with higher levels of economic freedom have better development indicators. However, sub-national attempts to capture economic freedom are rare, pertinent in a federal country like India, where many factor markets are State subjects under the Seventh Schedule. This pioneering work modifies economic freedom concepts and applies them to India’s inter-State setting, not only measuring economic freedom in major States, but also demonstrating links between economic freedom and development.

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