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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...
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This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
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productivity and human capital investments. Using light intensity as an alternative measure for economic activity confirms the …
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This paper exploits time and geographic variation in the adoption of Special Economic Zones in India to assess the … conditional on controlling for initial selection, the establishment of SEZs induced no further productivity gains for within SEZ … experienced significant productivity gains. However, SEZs created negative externalities for firms in the vicinity which attenuate …
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In economics sense, recession is a general slowdown in economic activity over a long period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment, spending,...
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in India. It begins with a review of earlier studies that tried to infer the effects on manufacturing employment of …
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India's decelerating wheat- and rice-yield growth rates have led to questions of whether India's agricultural sector … factor productivity (TFP) growth and evaluate how public policies affected TFP from 1980 to 2008. During this period … country, largely due to rapid growth in horticulture and animal products. Of the policies hypothesized to stimulate TFP, India …
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