Graduation Year
Spring 2011
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Cameron Shelton
Reader 2
Richard C. K. Burdekin
Terms of Use & License Information
Rights Information
© 2011 Aditya Bindal
Abstract
This paper will employ unit root tests for finding structural breaks endogenously among India’s key macroeconomic aggregate series, as well as their components and subcomponents. The same analysis will be repeated, wherever data are available, for states. The results from these unit root tests will then be used in regression models for national and state level data to understand the causes behind structural breaks. We find that breakpoints cluster around 1982 and 2003 for most series at the national and state level. The services component appears to be a promising candidate for explaining the 2003 structural break in some of the series.
Recommended Citation
Bindal, Aditya, "The Great Indian Growth Puzzle: What Caused a Spike in 2003?" (2011). CMC Senior Theses. 140.
https://scholarship.claremont.edu/cmc_theses/140
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