Lahiri, Amartya; Yi, Kei-Mu - In: Review of Economic Dynamics 12 (2009) 3, pp. 523-542
In this paper we study the decline of West Bengal relative to Maharashtra, historically two of the most important states of India. In 1960, West Bengal's per capita income exceeded that of Maharashtra, the third richest state at the time. By 1993, it had fallen to just 69 percent of...
