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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
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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