Institutional components of socio-economic development

Education , Socio - Economic Inequality , and Economic Development

Section II presents the empirical results of this study. While the underlying econometric model follows the standard ‘new growth’ literature procedure of regression analysis in a cross-section of countries, it goes beyond the existing studies in drawing on a data set including proxies for technical progress and educational attainment as well as devoting special attention to different levels of ...

Socio-economic inequality and prospects of institutional Econophysics

Socio-economic inequality is measured using various indices. The Gini (g) index, giving the overall inequality is the most commonly used, while the recently introduced Kolkata (k) index gives a measure of 1− k fraction of population who possess top k fraction of wealth in the society. This article reviews the character of such inequalities, as seen from a variety of data sources, the apparent r...

Institutional Divergence in Economic Development

Socio-Economic Development of Uttar Pradesh

Rich in potential in human and natural resources Uttar Pradesh (UP) once appeared positioned to be the pace-setter for India's economic and social development. However, the growth rate of Uttar Pradesh has declined in the Eleventh Five Year Plan as against Bihar. The paper finds the causes of poverty and unemployment in Uttar Pradesh; it also analyse important socio-economic indicators of Uttar...

The Dynamics of Socio - Economic Development

This introductory chapter focuses on the concept of development. The low standard of living of the mass of the population in developing countries is singled out as the key issue in development. The development of per capita income over time and the factors that influence economic development or stagnation are important topics in this book. However, the interplay between economic and non-economi...