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This study examines the inter-industry wage structure of the organised manufacturing sector in India for the period … Industrial Classification 1998 (India), our estimation procedure obtains estimates of growth of real wages per worker that are … structure in India has changed a lot in the period 1973-74 to 2003-04 and that it provides some evidence that the inter …
Persistent link: https://www.econbiz.de/10008664154
This paper examines the spillover effect of foreign direct investment (FDI) and determinant of FDI across Indian manufacturing industries. The result, based on two-equation model that allows for the two-way link between labour productivity of locally owned industries and foreign presence provide...
Persistent link: https://www.econbiz.de/10013065165
The paper attempts to analyze the spillover effect of Foreign Direct Investment (FDI) across Indian manufacturing industries. Foreign presence by way of FDI brings new channels of technology spillover to the domestic industrial firms in the form of enhanced efficiency and diffusion of knowledge...
Persistent link: https://www.econbiz.de/10013109871
This paper examines empirically some of the reasons why Japanese manufacturing firms frequently fail to satisfy concavity conditions of the cost function. We focus on the “bubble period” in the 1980s when land was in great demand for reasons related to both production and speculation, and...
Persistent link: https://www.econbiz.de/10003757808
Persistent link: https://www.econbiz.de/10009241606
Persistent link: https://www.econbiz.de/10002840740
An important economic policy issue is to ascertain when and if technical change (TC) is driving measured growth in productivity. Was this the case for Japan during the late 1980s when a massive financial bubble was being formed? This paper addresses this question, after first further...
Persistent link: https://www.econbiz.de/10013081064
This paper examines empirically some of the reasons why Japanese manufacturing firms frequently fail to satisfy concavity conditions of the cost function. We focus on the "bubble period" in the 1980s when land was in great demand for reasons related to both production and speculation, and land...
Persistent link: https://www.econbiz.de/10014214453
We find that housing bubbles are accompanied by sluggish demand in non-housing-related sectors both currently in China … and previously in Japan. To explain this, we construct a theory to model the differential impact of housing bubbles on …
Persistent link: https://www.econbiz.de/10013404649