Nexus between political federalism, social diversity and human development in India

Autor:	Vivek JADHAV, Dr. Shrabani MUKHERJEE
Jazyk:	angličtina
Rok vydání:	2024
Předmět:	fractionalization social diversity political federalism economic development panel data analysis Business HF5001-6182 Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Theoretical and Applied Economics, Vol XXXI, Iss 1, Pp 187-200 (2024)
Druh dokumentu:	article
ISSN:	1841-8678 1844-0029
Popis:	This paper tries to track the degree of causation between economic outcomes and political polarization and finds the roadmap of the role of state’s decision-making process under the process of fiscal federalism considering select major states in India. Several composite indices like ‘fractionalization index’ and ‘polarization index’ consisting interrelated parameters have been constructed to verify the impact of religious diversity, government coalition, political concentration on the state’s budgetary process and thus in state’ economic development. A dynamic panel-data framework has been conducted to understand the causality between political concentration and economic outcomes. It has been established significant inverse relationship between social and political polarization and economic outcomes. Women representation makes the governance efficient and thus increases the democratic decentralization in the process.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/b2bdcabd917c46abab1658e3e0718c00 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF