Based on a three-year joint research project, this book collects studies on the cultural basis of economic growth in India. Unlike the foregoing investigations on India’s economic growth from the economic perspectives, this book presents interdisciplinary discussions on India’s economic growth. The participants in this project consist of a cultural anthropologist who is an expert in the social and historical study on India as well as a group of researchers specializing in various fields of economics such as growth theory, public finance, income distribution, family economics, and economics of education. Our joint research yields new insights on India’s economic growth and social change. In addition, this book presents new findings of happiness in India obtained by our large-scale survey.
Author(s): Kazuo Mino, Tadashi Yagi
Series: Creative Economy
Publisher: Springer
Year: 2022
Language: English
Pages: 183
City: Singapore
Preface
Contents
Editors and Contributors
About the Editors
Contributors
1 The South Asian Path of Development: A Historical and Anthropological Perspective
1.1 Introduction
1.2 A Perspective on Development: From Productivity to Livelihood
1.3 Geography and Culture of India: Meeting Place of Diversities
1.4 Indian History as a Process of Diversification
1.5 Diversity-Driven Development and Commercial Expansion in Early Modern India
1.6 Colonial Divergence: Traditionalization, Peasantization and New Commercial Networks
1.7 Economic Development in Contemporary India
1.8 The Agenda of a Post-peasant Society: Diversification of Sources of Income
1.9 Growth Amidst Precarity: The Agenda of Labor Absorption
1.10 Reassembling Diversities: Reconvergence to the South Asian Path of Development
1.11 Conclusion
References
2 Economic Growth and Structural Change: The Case of India
2.1 Introduction
2.2 Background Facts
2.2.1 Economic Growth in India
2.2.2 Structural Change in India
2.3 The Baseline Model Without Labor Market Frictions
2.3.1 Modeling Structural Change
2.3.2 Setup
2.3.3 Growth and Structural Change
2.4 The Model with Labor Market Frictions
2.4.1 Setup
2.4.2 Technical Progress and Structural Change
2.5 Extensions
2.5.1 Endogenous Technical Progress in the Agricultural Productivity
2.5.2 A Three-Sector Model
2.5.3 Capital Accumulation
2.6 Discussion
2.6.1 Alternative Views
2.6.2 Implications of the Model Analysis
2.7 Conclusion
References
3 Happiness and Social Capital in India
3.1 Introduction
3.2 Data Description
3.2.1 Survey Outline
3.2.2 Descriptive Statistics of Survey Results
3.2.3 Happiness
3.2.4 Social Capital
3.2.5 Other Variables
3.2.6 Happiness Analysis
3.2.7 Education
3.2.8 Work Status
3.2.9 Marital Status
3.2.10 Age
3.2.11 City Size
3.2.12 Social Capital
3.3 Social Capital and Hypothesis
3.3.1 Empirical Analysis of Social Capital
3.3.2 Marriage, Having Children, and Home Ownership: Mobility
3.4 Conclusion
References
4 Comparison of the Determinants of Well-Being Between India and Japan: Implications for the Future of the Economy and Society of India
4.1 Introduction
4.2 The Macroeconomic Situation in India and Related Issues
4.2.1 The Macroeconomic Situation
4.2.2 Innovation Policy as a Critical Factor for Future Indian Development
4.3 Well-Being of the Indian People
4.3.1 Overview of Indian Society
4.3.2 Data Used in the Analysis: WVS
4.3.3 Changes in the Well-Being of India: Comparative Analysis
4.3.4 Changes in the Value Judgments of Indian People
4.3.5 Schwarz Value Judgments
4.3.6 Freedom of Choice and Control
4.3.7 Changes in Incentives for Work and Feelings of Fairness
4.4 Differences in Social and Economic Behavior Between India and Japan
4.4.1 Differences in the Degree of Religiousness Between India and Japan
4.4.2 Differences in Determinants of Well-Being Between India and Japan
4.4.3 Differences in Determinants of Well-Being Between India and Japan
4.5 Concluding Remarks
References
5 What Affects Women’s Happiness in India?
5.1 Introduction
5.1.1 SDGs in India
5.1.2 Income, Happiness and Gender
5.2 Basic Analysis
5.2.1 Data and Methodology
5.2.2 Results by Ordered Probit Models
5.2.3 Marginal Effects
5.3 Women’s Happiness
5.3.1 Age
5.3.2 Education
5.3.3 Marital Status
5.3.4 Employment Status
5.3.5 Health
5.3.6 Housing
5.3.7 Religious Devotion
5.4 Conclusion
References
6 Socio-Economic Implications of the Rajasthani Traditional Folk Drama Gavari: A Poverty Trap or a Revival of Social Capital in the Indian Tribal Community?
6.1 Economic Growth, Poverty Reduction, and Religion
6.2 Religious Vulnerable Groups in India's Modern Economic Development
6.3 Overview of the Bhil Tribe in the Mewar Region of Rajasthan
6.4 Survey Description and Model
6.5 Results
6.6 Discussion
Appendix
References