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At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of … firms' decision making. The relatively high level of resource misallocation in India's formal manufacturing sector is well … interaction of labor market rigidities with informality which is a key feature of India's labor markets. Our results suggest that …
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A large share of cross-country differences in productivity is explained by differences in agricultural productivity … productivity differences …
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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
greater competition and at liberalizing key aspects of economic activity. This paper investigates productivity trends in India … productivity (TFP) growth in total manufacturing and many of the component sectors since 1980 were markedly higher than that in the … about factor elasticities and the assumed structure of the production function; (ii) productivity growth for total …
Persistent link: https://www.econbiz.de/10014399683
This paper explores the causes of India''s productivity surge around 1980, more than a decade before serious economic … of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity … response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in …
Persistent link: https://www.econbiz.de/10014401305
Using a panel of firm-level data, this paper examines the effects of India''s trade reforms in the early 1990s on firm … productivity in the manufacturing sector, focusing on the interaction between this policy shock and firm and environment … characteristics. The rapid and comprehensive tariff reductions-part of an IMF-supported adjustment program with India in 1991-allow us …
Persistent link: https://www.econbiz.de/10014404116
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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