Credit Accessibility Across Indian States: Evidence From Club Convergence
نویسندگان
چکیده
Indian states are immensely heterogeneous in terms of their socioeconomic activities. The economic structure India is consequently bifurcated too. This study examines, under given heterogeneities, whether credit accessibility among converges over time, particularly industrial and agricultural lending. We employ the concept club convergence find that substantial heterogeneities multiple transition paths exist for across states, while agriculture relatively less as compared with industry. Therefore, more attention required to reduce access banking industries poorer states.
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ژورنال
عنوان ژورنال: Asian economics letters
سال: 2023
ISSN: ['2652-8681']
DOI: https://doi.org/10.46557/001c.74572