Global Journal of Management and Business Research, B: Economics and Commerce, Volume 22 Issue 4

b. State Elections On the same basis, for the state elections, the seats won by the ruling part/ alliance or opposition party/alliance are taken in proportion to the total seats of the Vidhan Sabha (State Legislative Assembly) for absolute concentration of power (ACP). For example, for 1987 West Bengal state election which corresponds to the year 1990, the total seats of the Vidhan Sabha were 294. The Major Ruling Party won 187 seats and its alliance partners won 64 seats. Thus, total Ruling Alliance won 251 seats (187+64=251). Hence, the Ruling Alliance’s Absolute Concentration of Power (A1) is given as 85.37 percent (251/294*100=0.8537*100=85.37 percent). Whereas the Major Opposition Party won 40 seats and its alliance partners won 3 seats. Thus, the Opposition Alliance won 43 seats (40+3=43). Hence, the Opposition Alliance’s Absolute Concentration of Power (A2) is given as 14.63 percent (43/294*100=0.1463*100=14.63 percent). Figure 6: State-wise mean chart of A2 On the same basis, for the state elections, the seats won at the Vidhan Sabha (State Legislative Assembly) by the ruling party/alliance or opposition party/alliance are taken in consideration. For example, for 1987 West Bengal state election, corresponding to the year 1990, the total seats of the Vidhan Sabha were 294. The Major Ruling Party won 187 seats and its alliance partners won 64 seats. Hence, total Ruling Alliance won 251 seats (187+64=251). Hence, the Major Ruling Party’s Relative Concentration of Power (R1) is given as 74.50 percent (187/251*100=0.745*100=74.50 percent). 0 20 40 60 80 100 120 1991 2008 2000 1992 2009 2015 2011 2003 1995 2012 2004 1996 2013 2005 2012 2004 1996 2013 2005 1997 2014 2006 1998 2015 2007 1999 1995 2012 2004 1996 2013 2005 1997 2014 2006 1998 2015 1995 2012 Absolute Concentration of Power – Ruling Alliance (A1)-Statewise A1 MEAN 63.372 0 10 20 30 40 50 1991 2008 2000 1992 2009 2015 2011 2003 1995 2012 2004 1996 2013 2005 2012 2004 1996 2013 2005 1997 2014 2006 1998 2015 2007 1999 1995 2012 2004 1996 2013 2005 1997 2014 2006 1998 2015 1995 2012 Absolute Concentration of Power – Opposition Alliance (A2)-Statewise A2 MEAN 25.398 How Political Stability Affects Economic Growth in India 28 Global Journal of Management and Business Research Volume XXII Issue IV Version I Year 2022 ( ) B © 2022 Global Journals Figure 5: State-wise mean chart of A1