Bandyopadhyay, Sanghamitra - London School of Economics and Political Science - 2003
This paper documents the convergence of incomes across Indian states over theperiod 1965 to 1998. It departs from … traditional analyses of convergence by trackingthe evolution of the entire income distribution, instead of standard regression and … timeseries analyses. The findings reveal twin-peaks dynamics – the existence of twoincome convergence clubs, one at 50 per cent …