Economic Growth in India and Bangalore

Sammanfattning: The goal of this paper is to investigate the changing nature of India’s and Bangalore’s economy. This study will assess India’s change in the allotment of resources between different sectors within the state and country. To investigate the shifts, this paper will disaggregate the economy into three broad sectors, primary secondary and tertiary. It is expected that the much of the success of India at present is a result of labour moving from low value added sectors into areas of high value added. To determine whether this is in fact the case, a shift share analysis of India will be conducted to determine the underlying reasons for the changing economy. From these results, inferences about Bangalore’s economy will be made. The analysis will be conducted through the lens of the Schön Cycle. The results will shed light on policy implications, as and will add to the discussion of convergence and divergence.