The unequal effects of liberalization
evidence from dismantling the license raj in India
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Author
Contributions
- London School of Economics and Political Science. Centre for Economic Performance - Contributor
Publication
2006 - Centre for Economic Performance, London School of Economics and Political Science, London, England
Language
English
Word Count
7,750 words, Guess
Page Count
31 pages
Physical Format
Electronic resource
Identifiers
- ISBN-100753020246
- ISBN-139780753020241
- Library of Congress Control Number2006619956
- Open LibraryOL31759942M
Classifications
- LCCHC10
Description
This paper investigates whether the effects, on registered manufacturing out-put, employment, entry and investment, of dismantling the license raja system of central controls regulating entry and production activity in this sector vary across Indian states with different labor market regulations. The effects are found to be unequal depending on the institutional environment in which industries are embedded. In particular, following de-licensing, industries located in states with pro-employer labor market institutions grew more quickly than those in pro-worker environments. Our results emphasize how local institutions matter for whether industry in a region benefits or is harmed by the nationwide delicensing reform.
Subjects
Topics
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Series Statement
- CEP discussion paper -- no. 728
Links
Other Editions
- The unequal effects of liberalization
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