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LATEST NEWS UPDATES | Did Gujarat's Growth Rate Accelerate under Modi?-Maitreesh Ghatak and Sanchari Roy

Did Gujarat's Growth Rate Accelerate under Modi?-Maitreesh Ghatak and Sanchari Roy

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published Published on Apr 5, 2014   modified Modified on Apr 5, 2014
-Economic and Political Weekly

 

Gujarat, one of the richest states in India, was always at par or ahead of the rest of India during the 1980s, and unambiguously ahead in the 1990s. There is no evidence of any differential acceleration in the 2000s, when Narendra Modi has been in power, relative to the 1990s, both with respect to the country as a whole, as well as other major states. This is robust to using alternative measures of income (gross state domestic product or per capita income), alternative methods of computing growth rates, and keeping or dropping the year 2000-01, for which Gujarat had a negative growth rate following the Bhuj earthquake.

Maitreesh Ghatak (m.ghatak@lse.ac.uk) teaches economics at the London School of Economics, and Sanchari Roy (S.Roy@warwick.ac.uk) is postdoctoral fellow at the University of Warwick, the UK.

Please click here to download the entire article. 


Economic and Political Weekly, Vol-XLIX, No. 15, April 12, 2014, http://www.epw.in/commentary/did-gujarats-growth-rate-accelerate-under-modi.html


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