This article examines shock persistence in agricultural and industrial output in India. Drawing on the dual economy literature, the linkages between the sectors through the terms of trade are emphasised. However, different dual economy models make differing assumptions regarding the...

This note examines the existence of a long-run, cointegrating relationship between population and per capita GDP in India for 1950-93. Unit root tests show that per capita GDP is integrated of order one while population is integrated of order zero; further, estimation of the bi-variate...