Institution of politically motivated policy certainty of government on economic growth: a study among major Indian states
AbstractThis paper theoretically tries to explore the impact of politically motivated policy certainty of a government guided by the norm of equality of income on economic growth and also tries to examine its empirical validity on major Indian states. This paper lends credence to the fact that politically motivated policy uncertainty among most of the major Indian states under this study has positive impact on their economic growth. This study suggests that the policy of attaining inclusive growth for Indian states should be formalized in such a way that equality in income distribution and economic growth should be attained simultaneously.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33499.
Date of creation: Jan 2011
Date of revision:
politically motivated policy certainty; major Indian states; income distribution; reproducible capital;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-01 (All new papers)
- NEP-CWA-2011-10-01 (Central & Western Asia)
- NEP-FDG-2011-10-01 (Financial Development & Growth)
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