International Journal of Research in Economics and Social Sciences
  • Year: 2016
  • Volume: 6
  • Issue: 3

Economic Growth and Growth of Employment in West Bengal

  • Author:
  • Pinaki Das1, Asit Pandit2
  • Total Page Count: 10
  • Page Number: 20 to 29

1Assistant Professor, Department of Economics, Vidyasagar University

2UGC Research Fellow, Department of Economics, Vidyasagar University

JEL Classification: E23, J21, J24

Abstract

The present paper analyses the interrelationship between growth of output and growth of employment in West Bengal. Growth rate of output has been significantly increased during the post-reform period in West Bengal but not the growth rate of employment. In panel data investigation the study finds that the growth rate of employment is positively affected by growth rate of output and inversely affected by growth rate of labour productivity. The growth of labour productivity also adversely affects the employment elasticity of output in West Bengal.

Keywords

Economic reforms, Growth, productivity, employment, job loss