We investigate the impact of the Golden Quadrilateral (GQ) highway project on the Indian organized manufacturing sector using enterprise data. The GQ project upgraded the quality and width of 5,846 km of roads in India. We use a difference-in-difference estimation strategy to compare non-nodal...

COVID-19 is not just a public health crisis. Its economic fallout is tremendous and still unknown. During and post-COVID, the business will not be as usual. Disaster and recovery management literature provides for ways of working through a crisis including recovery and preparedness. This article...

Currently, the coronavirus has spread to almost all the countries and isfiercely hurting all the economic giants by distorting demand and supply chains. Incontext of India, COVID-19 is an unprecedented shock. Notably, Indian economywas in a precarious state in the pre-COVID period. This pandemic...

Currently, the coronavirus has spread to almost all the countries and is fiercely hurting all the economic giants by distorting demand and supply chains. In context of India, COVID-19 is an unprecedented shock. Notably, Indian economy was in a precarious state in the pre-COVID period. This...

The manufacturing sector has been regarded as a key factor in the history of economic devel-opment and growth. However, economic fluctuations affect manufacturing seriously. This study examines the impact of the 2008 global economic crisis on Turkish manufacturing sector profit-ability. This...

Using Periodic Labour Force Survey (PLFS) data, after making appropriate adjustments, we estimate that employment in India’s unorganized or informal manufacturing fell by 2.5 to 7.5 per cent in 2020-21, reflecting the impact of COVID-19. In the previous eight years, the average rate of fall in...

We present cross-country evidence that a country's macroeconomic volatility, measured either by the standard deviation of output growth or the occurrence of trend-growth breaks, is significantly affected by the country's historical variables. In particular, countries with longer histories of...

Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...

We pursue a two-fold objective in this paper. First, we try to describe comprehensively the behaviour of sectoral growth cycles in Turkish manufacturing by using several statistical measures and to analyse the co-movement between them via correlation and peak-through analysis. One of the...