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Most conventional accounts of India’s recent economic performance associate the pick-up in economic growth with the …
Persistent link: https://www.econbiz.de/10005661925
The measurement of national income has added greatly to our understanding of economic and social change in Europe over the past hundred years. But national income analysis does not take full account of changes in welfare and particularly of the causes and effects of long-term changes in the...
Persistent link: https://www.econbiz.de/10005666852
The paper contributes to the debate on relative levels of living in the early modern world by estimating the income of and probable range of income growth in Bengal before European colonization. The exercise yields two conclusions, (a) average income in Bengal was significantly smaller than that...
Persistent link: https://www.econbiz.de/10008577812
Whereas existing literature has documented strong correlations between national incomes and measures of schooling attainment, causality has been hard to pin down. Much of empirical work had tended to interpret these correlations as implying an effect of human capital on national income, but...
Persistent link: https://www.econbiz.de/10011083727
substitute for other borrowing. We then apply this methodology to firms in India that became eligible for directed credit as a …
Persistent link: https://www.econbiz.de/10005662240
The growth of cotton textile imports into Britain from India opened up new opportunities for import substitution as the … labour-saving technological progress meant that unit labour costs became lower than in India despite the much higher wages in …
Persistent link: https://www.econbiz.de/10005662364
Three main features characterize the international financial integration of China and India. First, while only having a … “short equity, long debt.” Third, China and India have improved their net external positions over the last decade although …. Changes in these factors will affect the international financial integration of China and India (through shifts in capital …
Persistent link: https://www.econbiz.de/10005662395
solvency. This is compared with the corresponding cost if India were to repudiate its debts and experience financial autarky as … improves the relative attractiveness of debt repayment. With a 10% discount rate, however, even writing off 75% of India …
Persistent link: https://www.econbiz.de/10005666962
can reduce teacher absence and increase learning. In 57 schools in India, randomly chosen out of 113, a teacher’s daily …
Persistent link: https://www.econbiz.de/10005791888
We survey the research on the effect of employment laws in developing countries, using papers published since 2004. The survey is further supported by cross-country correlation analyses. Both exercises show that developing countries with rigid employment laws tend to have larger informal sectors...
Persistent link: https://www.econbiz.de/10005792340