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Asset Redistribution TABLE VIII LAND REFORM AND GROWTH IN INDIA log of state income per capita log of agricultural state income per capita log of agricultural state income per capita log of agricultural yield log of agricultural yield (1) (2) (3) (4) (5) Model GLS AR(1) GLS AR(1) GLS AR(1) GLS AR(1) GLS AR(1) one year lagged log of state income per capita 0.497 (12.53) one year lagged log of agricultural state income per capita 0.195 (4.17) 0.167 (3.29) four year lagged cumulative tenancy reforms -0.002 (0.43) -0.037 (4.54) -0.033 (2.94) -0.050 (6.55) -0.038 (3.92) four year lagged cumulative abolition of intermediaries -0.005 (0.54) 0.005 (0.27) -0.016 (0.76) -0.002 (0.12) -0.013 (0.49) four year lagged cumulative land ceiling legislation -0.002 (0.22) 0.019 (1.26) 0.012 (0.64) 0.015 (0.95) 0.015 (0.88) four year lagged land consolidation legislation -0.013 (1.29) 0.065 (3.31) 0.057 (2.12) 0.074 (3.87) 0.054 (2.15) population growth rate -2.567 (0.75)
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Unformatted text preview: 4.166 (1.11) four year lagged per capita education expenditures 0.003 (1.48) 0.003 (1.67) four year lagged per capita. health expenditures-0.005 (1.97)-0.002 (0.77) four year lagged per capita other expenditures-0.0004 (0.99)-0.0002 (0.40) four year lagged per capita tax revenue from redistributive taxes-0.004 (1.51)-0.003 (1.05) four year lagged state taxes as a percentage of state domestic product 0.474 (0.54) 0.278 (0.31) four year lagged log of agricultural yield 0.010 (0.17)-0.018 (0.32) state effects YES YES YES YES YES year effects YES YES YES YES YES number of observations 484 484 433 488 433 z statistics in parentheses. State income per capita is obtained by expressing estimates of state domestic product in real per capita terms. Development Economics, LSE Summer School 2007 105...
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.

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