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Testing Limits to Policy Reversal : Evidence from Indian Privatizations

Dastidar, Siddhartha G. - 2007

We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP … slated for definite privatization by the BJP dropped by 3.5 percent relative to private firms. Surprisingly, government …-controlled companies that were only under study for possible privatization fell by 7.5 percent relative to private firms. We interpret this …

Persistent link: https://www.econbiz.de/10012465222

Private Returns to Public Office

Fisman, Raymond - 2012

We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...

Persistent link: https://www.econbiz.de/10012460564

The Service Sector as India's Road to Economic Growth

Eichengreen, Barry - 2011

While India is distinctive among developing countries for its fast-growing service sector, sceptics have raised doubts about the quality and sustainability of this service-sector growth and its implications for economic development. We show, consistent with the views of the sceptics, that while...

Persistent link: https://www.econbiz.de/10012461900