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Trade Reforms and Performance in Indian Manufacturing: An analysis of the impact of the trade reforms on aspects of economic performance of the organized manufacturing sector - Tapa blanda

Choudhury, Homagni

 
9783843354547: Trade Reforms and Performance in Indian Manufacturing: An analysis of the impact of the trade reforms on aspects of economic performance of the organized manufacturing sector

Sinopsis

This study investigates the impact of trade policy reforms (TPR) in India on aspects of economic performance of the organized manufacturing sector. Using econometric techniques on panel data for a sample of 72 three-digit industries (regrouped to form 45 industries), the study finds some evidence of a positive impact of TPR on wage inequality, labour productivity growth and employment growth. The study also uses a Value-Added approach as well as a Revealed Comparative Advantage (RCA) approach to conclude that the comparative advantage of India in the organized manufacturing sector has not changed over the reforms period implying the existence of structural bottlenecks and domestic policy induced rigidities standing as impediments to resource reallocation.

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Reseña del editor

This study investigates the impact of trade policy reforms (TPR) in India on aspects of economic performance of the organized manufacturing sector. Using econometric techniques on panel data for a sample of 72 three-digit industries (regrouped to form 45 industries), the study finds some evidence of a positive impact of TPR on wage inequality, labour productivity growth and employment growth. The study also uses a Value-Added approach as well as a Revealed Comparative Advantage (RCA) approach to conclude that the comparative advantage of India in the organized manufacturing sector has not changed over the reforms period implying the existence of structural bottlenecks and domestic policy induced rigidities standing as impediments to resource reallocation.

Biografía del autor

Homagni was born in Guwahati (India). He attended Delhi University, where he received a BA(Hons.) Economics degree in 2005. He later attended Lancaster University (UK), where he received a Master's degree in International(Business)Economics in 2007.His research interests are in Labour Economics, Macro Economics and International Trade.

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