Holidays and economic growth: Evidence from a panel of Indian states
Journal article
Ghosh Dastidar, Sayantan and Apergis, Nicholas 2021. Holidays and economic growth: Evidence from a panel of Indian states. Economics of Transition and Institutional Change. https://doi.org/10.1111/ecot.12282
Authors | Ghosh Dastidar, Sayantan and Apergis, Nicholas |
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Abstract | The number of holidays differs significantly across Indian states. Moreover, some of the governing political parties have been accused of using holidays as a tool either to mollify disgruntled workers or to woo voters before the state elections. In this context, this paper explores the relationship between the number of holidays and economic growth across 24 Indian states, spanning the period 2008–2016, by employing a panel model analysis. The paper presents evidence suggesting that holidays seem to affect growth negatively in the rich states but are inconsequential for the growth performance of the poor states. |
Keywords | economic growth; holidays; Indian states; panel data; regional economic activity |
Year | 2021 |
Journal | Economics of Transition and Institutional Change |
Publisher | Wiley |
ISSN | 1468-0351 |
Digital Object Identifier (DOI) | https://doi.org/10.1111/ecot.12282 |
Web address (URL) | http://hdl.handle.net/10545/625764 |
hdl:10545/625764 | |
https://onlinelibrary.wiley.com/doi/10.1111/ecot.12282 | |
Publication dates | 01 May 2021 |
Publication process dates | |
Deposited | 07 May 2021 |
Accepted | 18 Feb 2021 |
Contributors | University of Derby and University of Texas at El Paso, El Paso, TX, USA |
File | File Access Level Open |
File | File Access Level Open |
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https://repository.derby.ac.uk/item/92yw4/holidays-and-economic-growth-evidence-from-a-panel-of-indian-states
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