Showing 1 - 10 of 21
Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological...
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estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential … growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the five …
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This paper estimates the short-term and long-run price and income elasticity of Indian exports, and investigates the role of supply-side bottlenecks in shaping India’s export demand relationship. We use disaggregated export volume data for 45 Indian industries over the period 1990-2013, as...
Persistent link: https://www.econbiz.de/10011447122
Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is the adverse welfare impact on households, in particular poor households. This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies...
Persistent link: https://www.econbiz.de/10014395186
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At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of … reducing labor market rigidities in states with high informality has a net positive effect on aggregate productivity …
Persistent link: https://www.econbiz.de/10012518715
A large share of cross-country differences in productivity is explained by differences in agricultural productivity … productivity differences …
Persistent link: https://www.econbiz.de/10012103617
Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that … points. This paper tests the hypothesis of the J curve of Productivity and Growth following major liberalization and finds it … result in negative effects on measured productivity …
Persistent link: https://www.econbiz.de/10014399140