Mohommad, Adil; Sandoz, Charlotte; Sodsriwiboon, Piyaporn - 2021
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 …