We show that foreign capital liberalization reduces capital misallocation and increases aggregate productivity in India. The staggered liberalization of access to foreign capital across disaggregated industries allows us to identify changes in firms' input wedges, overcoming major challenges in...

There is a dearth of evidence on the evolution of occupational health in the developing world and on the extent to which it has been influenced by (1) the pattern of structural transformation in these economies and (2) integration with global markets. In this study, I compile a rich database on...

Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...

The present study aims to examine the structural transformation path across the broad economic sectors among the states of the Indian economy which is a key feature of economic development in the relevance of Simon Kuznets perspective. The movement of sectoral output is a crucial regularity of...

The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but employment has not kept pace with the share of the sector in gross domestic product and has not produced the number or quality of jobs needed. There is no policy leading to inclusive...

This collection analyses the potentials of the North East Indian economy, discussing ways in which it can be reconnected to the mainstream economic activities of India. Gauging through the historical factors responsible for the economic failure of the North East Region (NER) – the partition in...

We study whether the effects on registered manufacturing output of dismantling the License Raj - a system of central controls regulating entry and production activity in this sector - vary across Indian states with different labor market regulations. The effects are found to be unequal across...

The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but employment has not kept pace with the share of the sector in gross domestic product and has not produced the number or quality of jobs needed. There is no policy leading to inclusive...

How do restrictions on entry and output affect aggregate productivity? I propose and implement a simple methodology that empirically identifies their separate effects on aggregate TFP and apply it to an analysis of the policy of industrial licensing in India. The licensing policy was notably...

Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...