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The political determinants of central governments' economic policies in India: an empirical investigation

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  • Kausik Chaudhuri

    (Indira Gandhi Institute of Development Research, Mumbai, India)

  • Sugato Dasgupta

    (Jawaharlal Nehru University, New Delhi, India)

Abstract

Using annual data from India, we investigate whether central governments' economic policies are affected by two political considerations-the proximity of an election to the national legislative assembly, and the nature of the central government (single-party versus coalition). We find that economic policies are responsive to election timing. On the other hand, economic policies are largely insensitive to government type. Copyright © 2005 John Wiley & Sons, Ltd.

Suggested Citation

  • Kausik Chaudhuri & Sugato Dasgupta, 2005. "The political determinants of central governments' economic policies in India: an empirical investigation," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(7), pages 957-978.
    • Handle: RePEc:wly:jintdv:v:17:y:2005:i:7:p:957-978
    DOI: 10.1002/jid.1197
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    2. Vadlamannati, Krishna Chaitanya, 2008. "Do Elections Slow Down Economic Globalization Process In India? It’S Politics Stupid !," MPRA Paper 10139, University Library of Munich, Germany.
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    7. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291401, HAL.
    8. Bougharriou, Nouha & Benayed, Walid & Gabsi, Foued Badr, 2018. "How does democracy affect public debt? Evidence from the Arab world," Economics Discussion Papers 2018-54, Kiel Institute for the World Economy (IfW Kiel).

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