factors which are positevely contributed to the growth of urbanization
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factors which are positevely contributed to the growth of urbanization
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Answer:
The level of urbanization and economic development are positively related. An increase in concentration of population at one place yield many positive externalities increasing productivity and efficiency. The relationship between two is extensively researched in many cross country studies and cross country income differentials are examined visa -vis the level and growth of urbanization. The empirical evidences suggested that relationship between urbanization and development changes with changes in the stage of development. India is a comparatively less urbanized country but still around 60.0 percent of total GDP is generated in urban areas. The objective of the present paper is to analyze the relationship between growth in level of urbanization and economic performance in last three decades in India. The paper found that present level of state per capita income has positive correlation with level of urbanization. That is state with high per capita income also has higher level of urbanization and vice-versa. With regard to the relationship between growth of per capita income and growth of level of urbanization, the relationship is found insignificant during decades of 1980 and 1990 but is significant during the last decade of 2000. The paper concludes that association between urbanization and development is getting strong with time.
Answer:
development of transport and communication