IDEAS home Printed from https://ideas.repec.org/a/eee/soceco/v44y2013icp103-111.html
   My bibliography  Save this article

The role of ideological change in India's economic liberalization

Author

Listed:
  • Adhia, Nimish

Abstract

The paper describes the role of ideological change in India's economic liberalization and provides evidence for it. Since the 1980s the most prevalent ideology has changed from condemning commerce and profit as anti-social, to tolerating—even applauding—commercial success. The paper reports on a content analysis of the most popular Hindi film each year since 1955, and finds that characters of rich merchants have changed from being portrayed as villains to being portrayed as heroes.

Suggested Citation

  • Adhia, Nimish, 2013. "The role of ideological change in India's economic liberalization," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 44(C), pages 103-111.
    • Handle: RePEc:eee:soceco:v:44:y:2013:i:c:p:103-111
    DOI: 10.1016/j.socec.2013.02.015
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1053535713000255
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.socec.2013.02.015?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Viktor J. Vanberg, 2008. "On the Economics of Moral Preferences," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(4), pages 605-628, October.
    2. Arthur T. Denzau & Douglass C. North, 1994. "Shared Mental Models: Ideologies and Institutions," Kyklos, Wiley Blackwell, vol. 47(1), pages 3-31, February.
    3. Stern, Paul C., 1993. "The socio-economic perspective and its institutional prospects," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 22(1), pages 1-11.
    4. Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(3), pages 371-400.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Levy, Daniel & Snir, Avichai, 2022. "Potterian Economics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 1, pages 1-32.
    2. Theodore METAXAS & Eleni BOUKA & Maria-Marina MERKOURI, 2016. "Bollywood, Iindia and Economic Growth: A Hundred Years History," Journal of Economic and Social Thought, KSP Journals, vol. 3(2), pages 285-301, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rafael Di Tella & Robert MacCulloch, 2009. "Why Doesn't Capitalism Flow to Poor Countries?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 40(1 (Spring), pages 285-332.
    2. Johannes M. Bauer, 2004. "Governing the Networks of the Information Society. Prospects and limits of policy in a complex technical system," ITA manu:scripts 04_03, Institute of Technology Assessment (ITA).
    3. Sebastián M. Saiegh & Mariano Tommasi, 1999. "Why is Argentina's Fiscal Federalism so Inefficient? Entering the Labyrinth," Journal of Applied Economics, Taylor & Francis Journals, vol. 2(1), pages 169-209, May.
    4. Esra Çeviker Gürakar & Emin Köksal, 2016. "Institutional evolution and economic development in Iran and Turkey," Middle East Development Journal, Taylor & Francis Journals, vol. 8(1), pages 32-64, January.
    5. Keith Jakee & Leonie Allen, 1998. "Destructive Competition or Competition Destroyed? Regulatory Theory and the History of Irish Road Transportation Legislation," European Journal of Law and Economics, Springer, vol. 5(1), pages 13-50, January.
    6. Persson, Torsten & Tabellini, Guido, 2002. "Political economics and public finance," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 24, pages 1549-1659, Elsevier.
    7. Rodrigo M. S. Moita & Claudio Paiva, 2013. "Political Price Cycles in Regulated Industries: Theory and Evidence," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 94-121, February.
    8. Anders Gustafsson, 2019. "Busy doing nothing: why politicians implement inefficient policies," Constitutional Political Economy, Springer, vol. 30(3), pages 282-299, September.
    9. Bryan Caplan & Edward Stringham, 2005. "Mises, bastiat, public opinion, and public choice," Review of Political Economy, Taylor & Francis Journals, vol. 17(1), pages 79-105.
    10. Tin Cheuk Leung & Kwok Ping Ping & Kevin K. Tsui, 2019. "What can deregulators deregulate? The case of electricity," Journal of Regulatory Economics, Springer, vol. 56(1), pages 1-32, August.
    11. Hahn Robert, 2010. "Designing Smarter Regulation with Improved Benefit-Cost Analysis," Journal of Benefit-Cost Analysis, De Gruyter, vol. 1(1), pages 1-19, July.
    12. Colin C. Williams, 2023. "A Modern Guide to the Informal Economy," Books, Edward Elgar Publishing, number 18668.
    13. Brigitte Granville & Jaume Martorell Cruz & Martha Prevezer, 2015. "Elites, Thickets and Institutions: French Resistance versus German Adaptation to Economic Change, 1945-2015," Working Papers 63, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    14. Randall S. Kroszner, 1999. "Is the Financial System Politically Independent? Perspectives on the Political Economy of Banking and Financial Regulation," CRSP working papers 492, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    15. Fu, Tong & Jian, Ze, 2020. "A developmental state: How to allocate electricity efficiently in a developing country," Energy Policy, Elsevier, vol. 138(C).
    16. Alessandro Olper & Johan Swinnen, 2013. "Mass Media and Public Policy: Global Evidence from Agricultural Policies," The World Bank Economic Review, World Bank, vol. 27(3), pages 413-436.
    17. McShane, Michael K. & Cox, Larry A. & Butler, Richard J., 2010. "Regulatory competition and forbearance: Evidence from the life insurance industry," Journal of Banking & Finance, Elsevier, vol. 34(3), pages 522-532, March.
    18. Kosack, Stephen, 2003. "Effective Aid: How Democracy Allows Development Aid to Improve the Quality of Life," World Development, Elsevier, vol. 31(1), pages 1-22, January.
    19. Jack Hirshleifer, 1990. "The Determinants of Power," UCLA Economics Working Papers 582, UCLA Department of Economics.
    20. Rosenzweig, Mark R. & Wolpin, Kenneth I., 1984. "Externalities, Heterogeneity and the Optimal Distribution of Public Programs: Child Health and Family Planning Interventions," Bulletins 8435, University of Minnesota, Economic Development Center.

    More about this item

    Keywords

    Economic policy; Ideology; Liberalization; Culture; India;
    All these keywords.

    JEL classification:

    • N45 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Asia including Middle East
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:44:y:2013:i:c:p:103-111. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620175 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.