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Using a panel of India's registered manufacturing firms and both economy-wide and firm-level financial data, we … investigate the effects of India's financial liberalization on the productivity of its manufacturing sector in the 1990s and 2000s … sectors. Our results suggest that policies favoring financial liberalization should be pursued further in order for India to …
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This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
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