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manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
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India presents an unique example of manufacturing capability in most sectors, but low integration into GVCs. This paper … examines the reasons for India's low integration into GVCs, especially in the manufacturing sector. It argues that one of the … reasons for India's low integration into GVCs is its primary focus on the domestic market. The second reason for India …
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importance of GVCs in India's exports, by devoting an entire chapter, suggesting ways to integrate Indian firms into GVCs. With … supported by India's exports, it is also important to understand the skill composition of such jobs. In this regard, the present … by India's exports between 2003-04 and 2013-14 using an Input-Output (I-O) table framework. The analysis highlights …
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In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
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