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A Political Economy Analysis of Recent Growth Slowdown in West Bengal

Title: A Political Economy Analysis of Recent Growth Slowdown in West Bengal

Author (s):: Jha D.; Sahu J.P.; Singh P.

Journal: Economic and Political Weekly

Month and Year: December 2024

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. © 2024 Economic and Political Weekly. All rights reserved.

Document Type: Article

DOI: https://doi.org/