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Institution of politically motivated policy certainty of government on economic growth: a study among major Indian states

  • Sarker, Debnarayan
  • Das, Debraj
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    This 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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    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 33499.

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    Date of creation: Jan 2011
    Date of revision:
    Handle: RePEc:pra:mprapa:33499
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    1. Roubini, Nouriel & Swagel, Phillip & Ozler, Sule & Alesina, Alberto, 1996. "Political Instability and Economic Growth," Scholarly Articles 4553024, Harvard University Department of Economics.
    2. Rodrik, Dani & Alesina, Alberto, 1994. "Distributive Politics and Economic Growth," Scholarly Articles 4551798, Harvard University Department of Economics.
    3. Yi Feng, 2005. "Democracy, Governance, and Economic Performance: Theory and Evidence," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262562111, June.
    4. Alesina, Alberto, et al, 1996. " Political Instability and Economic Growth," Journal of Economic Growth, Springer, vol. 1(2), pages 189-211, June.
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