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Exports serve as an engine of economic growth and can potentially help countries come out of poverty and unemployment. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher domestic production, as imports of intermediate products...
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Purpose – This paper aims to examine the relationship between trade liberalization and wages in India. Design/methodology/approach – This paper uses an empirical approach based on the “mandated wage equations”. Findings – The main result in the paper is that trade reforms have been...
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Purpose: The dynamics of economic growth in India continues to engage economists and still remains much debated. The trends and patterns of growth observed in India have seen acceleration in growth in Indian economy in the period following macroeconomic reforms and policy changes in investment...
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The rising trade in intermediate goods accounts for almost two-thirds of world's trade (MGI, 2019). India's export share for intermediate goods in its total exports has increased from 31.18% in 2011 to 32.52% in 2016. Moreover, India's overall share in world merchandise exports has itself...
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This paper on Quantifying Trade Barriers: Has Protection Declined Substantiallyin Indian Manufacturing forms a part of a larger study on Productivity Growth and TradeRegimes: A study of Indian Manufacturing Industries in the 1980s and 1990s beingundertaken at ICRIER. This study is the first...
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