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
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
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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ghosh, Saibal
  • Economics and Econometrics Research Institute (EERI)

Entstanden

  • 2010

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