Template-Type: ReDIF-Article 1.0 
Author-Name: Salman Haider
Author-Name:  Masudul Hasan Adil
Author-Email:  adilmasood.alig@gmail.com
Author-Workplace-Name:  Sri Ramachandra Institute of Higher Education and Research, Chennai, India
Title: Credit Accessibility Across Indian States - Evidence From Club Convergence
Abstract:  Indian states are immensely heterogeneous in terms of their socioeconomic activities. The economic structure of India is consequently bifurcated too. This study examines, under given heterogeneities, whether credit accessibility among states converges over time, particularly in industrial and agricultural lending. We employ the concept of club convergence and find that substantial heterogeneities and multiple transition paths exist for industrial credit convergence across states, while agriculture credit is relatively less heterogeneous as compared with industry. Therefore, more attention is required to reduce access to banking credit for industries in poorer states.
Classification-JEL:  C23 ,E5 ,H81
Keywords:  Credit accessibility, Club convergence, Agriculture, Industry, India
Journal:  Asian Economics Letters
Pages: 1-6
Volume: 5
Issue: 2
Year:  2024
DOI:  2024/06/29
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/74572-credit-accessibility-across-indian-states-evidence-from-club-convergence.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:97