Gupta, Poonam; Panagariya, Arvind - Volkswirtschaftliche Fakultät, … - 2011
developed and developing countries, the hypothesis that rapid growth helps incumbents win elections has been tested exclusively … for the developed countries (e.g., Ray Fair 1978). But since sustained rapid growth offers the prospect of pulling vast … country, India, which has seen its economy grow 8 to 9 percent recently. We first generalize the Fair model to allow for …