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We study whether the effects on registered manufacturing output of dismantling the License Raj - a system of central controls regulating entry and production activity in this sector - vary across Indian states with different labor market regulations. The effects are found to be unequal across...
Persistent link: https://www.econbiz.de/10014221612
We study whether the effects on registered manufacturing output of dismantling the License Raj – a system of central controls regulating entry and production activity in this sector – vary across Indian states with different labor market regulations. The effects are found to be unequal...
Persistent link: https://www.econbiz.de/10005585647
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What drives growth at the microeconomic level? Burgess and Venables divide the factors that determine a location's growth performance into two groups, 1st advantage and 2nd advantage. The term 1st advantage refers to the conditions that provide the environment in which new activities can be...
Persistent link: https://www.econbiz.de/10012749539
What drives growth at the microeconomic level? The authors divide the factors that determine a location's growth performance into two groups, "1st advantage" and "2nd advantage." The term 1st advantage refers to the conditions that provide the environment in which new activities can be...
Persistent link: https://www.econbiz.de/10012559669
We study the effects of the progressive elimination of the system of industrial regulations on entry and production, known as the "license raj," on registered manufacturing output, employment, entry and investment across Indian states with different labor market regulations. The effects are...
Persistent link: https://www.econbiz.de/10012466638