Clues for India: looking at the puzzle of total factor productivity and capital flows

Ghosh, A. & Bandyopadhyay, S. (2017). Clues for India: looking at the puzzle of total factor productivity and capital flows.
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While examining previous trends and research on capital flows and total factor productivity, Aniruddha Ghosh and Sujan Bandyopadhyay write that India must be careful to continue to maintain the positive correlation between growth and net foreign capital flows.

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