Original Article

Econometric Analysis of Total Factor

Productivity in India

Mushtaq Ahmad Malik1, Tariq Masood1 and Mehraj Sheikh Ahmad2

Abstract

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1. Introduction
Over the past few decades, the Indian economy is growing with dramatic pace. Gross domestic product
(GDP) per capita has accelerated from moderate 3.5% in the 1980s to over 7% during the first decade of
the twenty-first century (Das et al., 2010). The adoption of economic reforms in the early 1990s has
paved the way for India to achieve a higher growth path (Ahluwalia, 1994). Despite the accelerated
growth, the economic gap between India and other developed countries has not narrowed much. The

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