{"title":"Political regime persistence and economic growth in Odisha: An empirical assessment of the Naveen Patnaik rule","authors":"J. P. Sahu, Sitakanta Panda","doi":"10.2139/ssrn.3047006","DOIUrl":null,"url":null,"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.","PeriodicalId":47355,"journal":{"name":"Economics Bulletin","volume":null,"pages":null},"PeriodicalIF":0.6000,"publicationDate":"2018-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Bulletin","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3047006","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
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.
期刊介绍：
The Economic Bulletin is an open-access letters journal founded in 2001 with the mission of providing free and extremely rapid scientific communication across the entire community of research economists. EB publishes original notes, comments, and preliminary results. We are especially interested in publishingmanuscripts that keep the profession informed about on-going research programs. Our publication standard is that a manuscript be original, correct and of interest to a specialist. Submissions in these categories are refereed and our objective is to make a decision within two months. Accepted papers are published immediately. It is expected that in many cases, manuscripts published in these categories will form the foundation for more complete works to besubsequently submitted to other journals. In all cases, submissions are restricted to seven printed pages exclusive of references, tables, figures, and appendices, and must be in PDF format. EB also publishes non-refereed letters to the editor, conference announcements and research announcements.
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