Political regime persistence and economic growth in Odisha: An empirical assessment of the Naveen Patnaik rule

IF 0.6 Q3 Economics, Econometrics and Finance

Economics Bulletin Pub Date : 2018-03-23 DOI:10.2139/ssrn.3047006

J. P. Sahu, Sitakanta Panda

引用次数: 6

Abstract

We analyse the economic growth performance of Odisha, an Indian state, for the period 1980-2013 and examine the dynamic growth path of the state vis-a-vis the state's own recent history and that of the national economy and other major states. Our structural break analysis reveals that the state has registered an upward shift in its economic growth in the year 2003, after which the state has been doing significantly well; notching up an average annual growth rate of about 8 per cent. When compared to the national economy as well as other major states in a difference-in-differences regression analysis, we find a statistically significant positive differential trend break in Odisha's growth rate since 2003. The Naveen Patnaik government has been in power since 2000 to date, and this period has coincided with impressive economic growth of the state which potentially explains to great extent as to why it has been voted to power for four consecutive terms.

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奥里萨邦的政治体制持续与经济增长:纳文·帕特奈克统治的实证评估

我们分析了印度奥里萨邦1980年至2013年期间的经济增长表现，并考察了该邦相对于该邦自身近期历史、国民经济和其他主要邦的动态增长路径。我们的结构性断裂分析表明，2003年，该州的经济增长出现了上升趋势，此后，该州的经济表现一直很好;平均年增长率约为8%。在与全国经济以及其他主要邦的差异回归分析中，我们发现，自2003年以来，奥里萨邦的经济增长率出现了统计学上显著的正差异趋势。纳文·帕特奈克政府自2000年以来一直执政至今，这一时期恰逢该州令人印象深刻的经济增长，这可能在很大程度上解释了为什么它被选举为连续四届执政。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economics Bulletin ECONOMICS-

CiteScore

1.60

自引率

0.00%

发文量

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