Showing 1 - 10 of 20
This paper complements the results of earlier work on factor misallocation. The paper first expands the methodology and provides two important decompositions for the main indices. The main result is that factor and output misallocation across districts is at least as important as misallocation...
Persistent link: https://www.econbiz.de/10012903648
Growing research and policy interest focuses on the misallocation of output and factors of production in developing economies. This paper considers the possible misallocation of financial loans. Using plant-level data on the organized and unorganized sectors, the paper describes the temporal,...
Persistent link: https://www.econbiz.de/10012903890
Indian districts during 1989-2010. It first distills a number of stylized facts about misallocation in India, and … demonstrates the validity of misallocation metrics by connecting them to regulatory changes in India that affected real property …. Although more-productive establishments in India tend to produce more output, factors of production are grossly misallocated. A …
Persistent link: https://www.econbiz.de/10012904387
India has attained much economic success in the past three decades. Yet an economic deceleration in recent years has … generated worried commentaries about the country's growth outlook. This paper offers a long-term perspective on India's growth …
Persistent link: https://www.econbiz.de/10012910249
This paper uses the construction of India's Golden Quadrangle central highway network, together with comprehensive loan … data from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector …
Persistent link: https://www.econbiz.de/10012865495
from India, this paper helps narrow this gap by comparing and contrasting the spatial development of services with that in …
Persistent link: https://www.econbiz.de/10012968718
of the Indian economy, capital flows to India have moved in tandem with broad global trends. This paper looks at the … extent to which India?s monetary policy has been affected by the ebbs and flows of the capital it receives. For ease of …
Persistent link: https://www.econbiz.de/10012970004
India spanning 60 years, including 20 years since reforms began in earnest in 1991. The study finds a downward trend in …
Persistent link: https://www.econbiz.de/10012970005
of the U.S. central bank reducing its security purchases, had a sharp negative impact on emerging markets. India was … toward a financial crisis. This paper contends that India was adversely impacted because it had received large capital flows … rebalance away from emerging markets. In addition, India's macroeconomic conditions had weakened in prior years, which rendered …
Persistent link: https://www.econbiz.de/10012972602
India's manufacturing sector has undergone many spatial adjustments since 1989, including, for example, the organized … India?s manufacturing sector. Striking spatial differences in energy usage exist, and whether spatial adjustments exacerbate … or alleviate energy consumption strains is important for issues ranging from reducing India's power blackouts to stemming …
Persistent link: https://www.econbiz.de/10012972655