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liberalization and globalization are forging ahead? And, what sort of problems have to be dealt with to make it possible? To answer … liberalization of investment, trade and financial services, and exports. Section 3 to 5 cover three periods between 1971 and 1995 and … domestic and foreign investors in the wake of the liberalization of investment, trade and financial services, and polices to …
Persistent link: https://www.econbiz.de/10005222522
In this study we estimate technical efficiency of Indian commercial banks from 1989 to 2009, using a multiple-output generalized stochastic production frontier and analyze the effects of financial reforms on estimated efficiency. The generalized method estimates technical efficiency in the...
Persistent link: https://www.econbiz.de/10010875037
The liberalization process undertaken by the Indian economy in recent times has thrown up many challenges. This paper … liberalization was ushered in 1991. This paper investigates the efficiency of firms during the period 1991 to 2001, using the concept …
Persistent link: https://www.econbiz.de/10011213259
As part of the Single Market Program the European Commission commanded the liberalization and regulatory harmonization … productivity of European network firms. Exploiting the variation in the timing and degree of liberalization efforts across … countries and industries, we find that liberalization increased firm-level productivity but had no reallocation impact. Based on …
Persistent link: https://www.econbiz.de/10009391913
India brought about by liberalization and globalization of the economy. Structural changes in terms of employment of labour …
Persistent link: https://www.econbiz.de/10005619394
In this paper, we propose a new methodology to jointly estimate market power and the importance of sunk capital extending the work of Hall (1988) and Roeger (1995). We then apply this new technique to the European electricity industry using firm level data for the period 1994-1999, and analyze...
Persistent link: https://www.econbiz.de/10005652476
Conventional explanations for the post-1991 growth of India’s manufacturing sector focus on goods trade liberalization … index of services liberalization resulted in a productivity increase of 11.7 percent for domestic firms and 13.2 percent for …
Persistent link: https://www.econbiz.de/10008642887
substantial benefits that may be associated with the liberalization of services trade, the GATS has obviously not yet lived up to … regimes and, thus, potentially higher gains from liberalization than in merchandise trade, to undertake or envisage …
Persistent link: https://www.econbiz.de/10010326699
Most existing commitments are confined to guaranteeing the levels of access that existed in the mid-1990s, when the Agreement entered into force, in a limited number of sectors. The only significant exceptions are the accession schedules of recent WTO Members and the negotiating results in two...
Persistent link: https://www.econbiz.de/10010326724
liberalization of both trade and foreign direct investment (FDI) has been an integral part, is of paramount importance. By fostering … impacts (intended or unintended) on the economy, the TPRM can be a catalyst for unilateral reform, including liberalization of … trade and FDI. Although the latter has received added impetus from multilateral liberalization under the auspices of the …
Persistent link: https://www.econbiz.de/10010326768