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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

Inequality in India Declined During COVID

Gupta, Arpit; Malani, Anup; Woda, Bartosz - National Bureau of Economic Research - 2021

We use a large, representative panel data set from India with monthly data on household finances to examine the incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but short lockdown. However, there was a striking decrease in...

Persistent link: https://www.econbiz.de/10012794624

Social Investments, Informal Risk Sharing, and Inequality

Ambrus, Attila - 2014

This paper studies costly network formation in the context of risk sharing. Neighboring agents negotiate agreements as in Stole and Zwiebel (1996), which results in the social surplus being allocated according to the Myerson value. We uncover two types of inefficiency: overinvestment in social...

Persistent link: https://www.econbiz.de/10012457996

Trade and Inequality in India

Krishna, Pravin - 2011

To study the effects of the dramatic economic reforms undertaken in India in the early 1990s on inequality, this paper examines Theil inequality as well as other inequality measures constructed using Indian household expenditure survey data from 1988-2005. Overall inequality shows some variation...

Persistent link: https://www.econbiz.de/10012461400

Estimating Flexible Income Processes from Subjective Expectations Data : Evidence from India and Colombia

Arellano, Manuel; Attanasio, Orazio P.; Crossman, Sam; … - National Bureau of Economic Research - 2024

We develop a methodology for modeling household income processes when subjective probabilistic assessments of future income are available. This allows us to flexibly estimate conditional cdfs directly using elicited individual subjective probabilities, and to obtain empirical measurements of...

Persistent link: https://www.econbiz.de/10015072864

Indian Manufacturing Industry : Elephant or Tiger? New Evidence on the Asian Miracle

Hulten, Charles R. - 1999

We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and compare the results to those obtained by Young for the East Asian Tigers. We then interpret our results in light of Krugman's hypothesis that, because the Asian Miracle was...

Persistent link: https://www.econbiz.de/10012471341

Contract Labor and Firm Growth in India

Bertrand, Marianne; Hsieh, Chang-tai; Tsivanidis, Nick - National Bureau of Economic Research - 2021

India's Industrial Disputes Act (IDA) of 1947 requires firm with more than 100 workers to pay large costs if they shrink their employment. Since the early 2000s, large Indian manufacturing firms have increasingly relied on contract workers who are not subject to the IDA. By 2015, contract...

Persistent link: https://www.econbiz.de/10012616599

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

Accounting for Growth : Comparing China and India

Bosworth, Barry - 2007

We compare the recent economic performances of China and India using a simple growth accounting framework that produces estimates of the contribution of labor, capital, education, and total factor productivity for the three sectors of agriculture, industry, and services as well as for the...

Persistent link: https://www.econbiz.de/10012465713