01973cas a2200253 a 4500 AALejournalIMF002963 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451850024 1018-5941 BD-DhAAL BD-DhAAL Rodrik, Dani. From 'Hindu Growth' to Productivity Surge : The Mystery of the Indian Growth Transition / Dani Rodrik, Arvind Subramanian. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence that the trigger may have been an attitudinal shift by the government in the early 1980s that unlike the reforms of the 1990s, was probusiness rather than promarket in character, favoring the interests of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in previous decades, played an important role in determining which states took advantage of the changed environment. Mode of access: Internet Subramanian, Arvind. IMF Working Papers; Working Paper ; No. 2004/077 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/077/001.2004.issue-077-en.xml IMF e-Library