Showing 1 - 5 of 5
Economic policy and policy reform over the last few decades has been motivated by the need to accelerate growth or equivalently to reverse a decline in growth rate. The economic literature on the determinants of growth has burgeoned and disagreement has followed consensus on the policy...
Persistent link: https://www.econbiz.de/10011807531
The paper looks into the level of integration of commodity markets in India, across centres and states using consumer … price data. It measures the extent to which domestic markets for goods in India are integrated, and recommends policy … methodology proposed by Bradford and Lawrence (2004) on the consumer prices of goods in major states across India. This is then …
Persistent link: https://www.econbiz.de/10011807590
We use the real wage-profit rate schedule to examine the direction of technical change in India's organized … capital in value added doubled. Overall, technical change in India's organized manufacturing sector during 1980-2007 favored …
Persistent link: https://www.econbiz.de/10010286494
. This allows us to discuss the functional distribution of income. We use data from India's organized manufacturing sector … and show that while India's ULC displays a clear upward trend since 1980 (with a decline since the early 2000s), this is … exclusively the result of the increase in the price deflator used to calculate the ULC. The labor share of India's organized …
Persistent link: https://www.econbiz.de/10010286515
An extensive literature argues that India's manufacturing sector has underperformed, and that the country has failed to … industrialize; in particular, it has failed to take advantage of its laborabundant comparative advantage. India's manufacturing … India's labor-intensive sector, as the country should export with comparative advantage a larger number of these products …
Persistent link: https://www.econbiz.de/10010286537