Purpose – In this study, the authors aim to analyze India's trade performance from the period of liberalization until the recent financial crisis, and compare it to China's. Design/methodology/approach – The authors then examine Indian trade and investment policy and also institutional...

Purpose – This study aims to focus on the role of labor regulation and credit market imperfections, in addition to that of factor endowments, in determining capital intensities in Indian manufacturing. Design/methodology/approach – The paper considers an alternative approach to identifying...

We study the role of factor market imperfections in determining industry-level capital intensities. Using cross-country panel data on manufacturing industries, we find that labor market imperfections arising from labor regulation have a greater influence on capital intensity than do credit...

This chapter studies the differential effects that trade openness may have on leading and lagging regions within a country. Examining data from India, we find that while trade liberalization is associated with reduced poverty, this effect is smaller in lagging states. The expected transmission...