A Political Economy Analysis of Recent Growth Slowdown in West Bengal

Jha, Debajit, Sahu, Jagadish Prasad and Singh, Parinita (2024) A Political Economy Analysis of Recent Growth Slowdown in West Bengal. Economic and Political Weekly, 59 (49). ISSN 2349-8846

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Abstract

A political economy explanation of the growth trend post-2011 in West Bengal is provided based on a framework to understand the impact of corruption on economic growth. The difference-in-difference analysis shows that the economic growth rate of WB has significantly declined post-2011, and has remained lower than the nation as a whole and significantly below other major Indian states. Although corruption in the farm sector has contributed to the increase in the growth rate of the sector (in the short run), a massive negative impact of corruption operating in the non-farm sector of the economy has overshadowed the positive impact on the farm sector.

Item Type: Article
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Economics
Social Sciences and humanities > Social Sciences > Social Sciences (General)
Social Sciences and humanities > Social Sciences > Political Science
JGU School/Centre: Jindal School of Government and Public Policy
Depositing User: Dharmveer Modi
Date Deposited: 16 Dec 2024 09:43
Last Modified: 16 Dec 2024 09:43
Official URL: https://www.epw.in/journal/2024/49/special-article...
URI: https://pure.jgu.edu.in/id/eprint/8884

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