%0 Journal Article %T Impact of Lagged Urbanization on the Process of Urbanization in India %J International Journal of Statistics and Applications %@ 2168-5215 %D 2013 %I %R 10.5923/j.statistics.20130301.02 %X The present paper aims to relate the urbanization and Economic development using Computable General Equilibrium (CGE) model proposed by Mills and Becker (1986). The indicators used for the study are Economic, Demographic and Sociological. The data used for the study is collected from census reports of India, Economic Survey of India and Indiastat.com. There is a significant correlation observed between the level of urbanization with density of population, Literacy rate and per capita income. The regression model suggests that Economic indicators are important as compared to Demographic and Sociological indicators. The negatively decrease in the lagged coefficient may be due to the decrease in the urban population growth for last 20 years. The study suggests that the urbanization and economic developments are parallel processes. The policy makers have to give more attention to develop the infrastructural facility for urbanities to strengthen the economic development. %K Lagged Urbanization %K Economic Development %K Regression Analysis and Equilibrium Urbanization %U http://article.sapub.org/10.5923.j.statistics.20130301.02.html