Deconstructing Kerala’s Growth through Fiscal Analysis

Kerala, a state known for its social development achievements, has always been questioned about its sustainability. The state witnessed an average growth rate of 10.65% in the post-2010 period, despite facing the worst exogenous shocks since its formation. This study aims to analyze and decompose the factors that caused this growth by empirically analyzing Kerala’s economic growth over the past 22 years using Multiple Regression Analysis and intense econometric analyses to provide better insights for better accuracy we choose to do computerized econometric analysis with the help of Machine Learning using Google Collab. Ultimately, this study evaluates the sustainability of fiscal structure growth by analyzing its nature.