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This paper shows that trade and emigration of skilled workers from a poor country is complementary but that between trade and emigration of unskilled workers is a substitute. The asymmetric effect of more openness to trade on the local wages seems to be crucial in driving such results. The...
Persistent link: https://www.econbiz.de/10011599081
Rent seeking within the vast informal segment of the developing world is a relatively underdexplored topic in the interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment is affected by economic reforms targeted for the formal...
Persistent link: https://www.econbiz.de/10011984628
The Indian economy entered an ongoing process of trade liberalization, domestic deregulation, and privatization of public sector units in 1991. Since then, per capita output has increased significantly, while the overall unemployment rate has remained low. However, labor force participation...
Persistent link: https://www.econbiz.de/10011820350
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Immigrant workers and their labor force participation in host countries have received critical attention in all concerned disciplines, principally owing to its strong implications for well-being of natives. The ageing population in many rich countries and several related and unrelated issues...
Persistent link: https://www.econbiz.de/10010278687
India is a country characterized by a huge informal sector. At the same time, it is a country where the extent of corruption in every sector is remarkably high. Stifling bureaucratic interference and corruption at every stage of economic activities is one of the main reasons behind high...
Persistent link: https://www.econbiz.de/10010278797
The recent growth experience in India highlights the role of skill-based service sector and productivity improvement rather than a significant rise in physical capital accumulation. In this context we study the possible impact of higher productivity of labor in the formal sector on the informal...
Persistent link: https://www.econbiz.de/10009477121
Many countries in the developed world are ageing in terms of their distribution of population. Conversely, a number of countries in the south have younger population. India for example, has 60% of its population in the age group of 15-59, with the mean age close to 27 years as of present times....
Persistent link: https://www.econbiz.de/10011479239
India experienced one of the strictest lockdowns during COVID-19 and sections of the workforce seemed overwhelmingly disadvantaged. Given substantial poverty still, marginalized daily wage labor and gendered outcomes in the context of India, economic shocks are expected to have disparate...
Persistent link: https://www.econbiz.de/10013351809