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This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
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This paper utilizes a large cross-section of data sets such as the ILOSTAT, NSSO Quinquennial Employment and … Unemployment Survey, Labour Bureau Annual Employment and Unemployment Survey, National Family Health Survey and CMIE Consumer … Pyramid Household Survey to comment on the falling female labour force participation rates in India. It is found that not only …
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trade and technology in the mid-1980s. In this paper, we examine the impact of technology on employment and skill demand … required labour per unit of output, technology has not reduced the aggregate employment in the Indian manufacturing sector … manufacturing jobs. It suggests that technology has reduced the routine task content of manufacturing jobs in India. …
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Faced with easier access to foreign technology and imported capital goods, firms in India's organised manufacturing … production. This has raised much concern about the ability of the manufacturing sector to create jobs for India's rapidly rising …
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After following inward oriented economic policies for nearly four decades, India opened up to international trade in … gains to a great extent. Therefore, unlike other Asian economies, the overall employment gain from trade has been minimal …
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has eluded India. Using data from the An nual Survey of Industries, we examine the factors holding back the growth of … output and employment in this sector. We find that there are heterogeneities in the performance of the manufacturing sector … decade partly explains the limited contribution of the manufacturing sector to employment generation. At the state level, we …
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