Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142594
Authors: 
Ghosh, Saibal
Year of Publication: 
2010
Series/Report no.: 
EERI Research Paper Series 32/2010
Abstract: 
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.
Subjects: 
Economic reforms
total factor productivity
Levinsohn Petrin
Indian manufacturing
JEL: 
D24
L60
O47
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.