Arbeitspapier
Economic reforms and manufacturing productivity: Evidence from India
Using data on 2-digit industry for 1981-2004, the study examines the association between growth in total factor productivity and economic reforms. Accordingly, we first compute industry-level productivity growth using advanced econometric techniques and thereafter ascertain the time frame over which economic reforms impact productivity. The evidence suggests that productivity growth is not reliably higher after reforms than prior to reforms. In addition, the findings indicate that it is primarily the interest rate channel that is important in explaining changes in productivity. Among macroeconomic policies, trade reforms and industrial delicensing appear to be instrumental in explaining productivity changes.
- Sprache
-
Englisch
- Erschienen in
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Series: EERI Research Paper Series ; No. 32/2010
- Klassifikation
-
Wirtschaft
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Industry Studies: Manufacturing: General
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Thema
-
Economic reforms
total factor productivity
Levinsohn Petrin
Indian manufacturing
- Ereignis
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Geistige Schöpfung
- (wer)
-
Ghosh, Saibal
- Ereignis
-
Veröffentlichung
- (wer)
-
Economics and Econometrics Research Institute (EERI)
- (wo)
-
Brussels
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Ghosh, Saibal
- Economics and Econometrics Research Institute (EERI)
Entstanden
- 2010