Arbeitspapier

Intergenerational mobility, human capital accumulation, and growth in India

Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are influenced less by the individual's parents and more by her potential. In an application to 54 state-regions in India (1983-2011), we identify the causal effect of intergenerational mobility on household expenditure's future growth. We find that intergenerational mobility has a positive effect on growth, particularly among the poor. Furthermore, mobility is found to be positive for human capital accumulation except for individuals with highly educated parents for whom it matters less whether the playing field is level or not.

ISBN
978-92-9256-629-6
Language
Englisch

Bibliographic citation
Series: WIDER Working Paper ; No. 2018/187

Classification
Wirtschaft
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Economic Growth and Aggregate Productivity: General
Subject
intergenerational mobility
inequality
growth
poor
India

Event
Geistige Schöpfung
(who)
van der Weide, Roy
Vigh, Melinda
Event
Veröffentlichung
(who)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(where)
Helsinki
(when)
2018

DOI
doi:10.35188/UNU-WIDER/2018/629-6
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • van der Weide, Roy
  • Vigh, Melinda
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Time of origin

  • 2018

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