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...

The existence of a long-run relationship between ODA and per capita GDP in India is examined, using annual data for 1961-92. A necessary condition for such a relationship is that the two series are integrated of the same order. Unit root tests indicate that ODA is I (0) while GDP is I (1), hence...

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...