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Testing Limits to Policy Reversal : Evidence from Indian Privatizations

Dastidar, Siddhartha G. - 2007

We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP … slated for definite privatization by the BJP dropped by 3.5 percent relative to private firms. Surprisingly, government …-controlled companies that were only under study for possible privatization fell by 7.5 percent relative to private firms. We interpret this …

Persistent link: https://www.econbiz.de/10012465222

Private Returns to Public Office

Fisman, Raymond - 2012

We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...

Persistent link: https://www.econbiz.de/10012460564

Inequality in India Declined During COVID

Gupta, Arpit; Malani, Anup; Woda, Bartosz - National Bureau of Economic Research - 2021

We use a large, representative panel data set from India with monthly data on household finances to examine the incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but short lockdown. However, there was a striking decrease in...

Persistent link: https://www.econbiz.de/10012794624

Trade and Inequality in India

Krishna, Pravin - 2011

To study the effects of the dramatic economic reforms undertaken in India in the early 1990s on inequality, this paper examines Theil inequality as well as other inequality measures constructed using Indian household expenditure survey data from 1988-2005. Overall inequality shows some variation...

Persistent link: https://www.econbiz.de/10012461400

Social Investments, Informal Risk Sharing, and Inequality

Ambrus, Attila - 2014

This paper studies costly network formation in the context of risk sharing. Neighboring agents negotiate agreements as in Stole and Zwiebel (1996), which results in the social surplus being allocated according to the Myerson value. We uncover two types of inefficiency: overinvestment in social...

Persistent link: https://www.econbiz.de/10012457996

Indian Manufacturing Industry : Elephant or Tiger? New Evidence on the Asian Miracle

Hulten, Charles R. - 1999

We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and compare the results to those obtained by Young for the East Asian Tigers. We then interpret our results in light of Krugman's hypothesis that, because the Asian Miracle was...

Persistent link: https://www.econbiz.de/10012471341

Accounting for Growth : Comparing China and India

Bosworth, Barry - 2007

We compare the recent economic performances of China and India using a simple growth accounting framework that produces estimates of the contribution of labor, capital, education, and total factor productivity for the three sectors of agriculture, industry, and services as well as for the...

Persistent link: https://www.econbiz.de/10012465713

Sources of Growth in the Indian Economy

Bosworth, Barry - 2007

This paper empirically examines India's economic growth experience during 1960-2004, focusing on the post 1973 acceleration. Careful attention is paid to data quality. The analysis focuses on two unusual dimensions of India's experience -- the concentration of growth in services production, and...

Persistent link: https://www.econbiz.de/10012465755

Death and Development

Lorentzen, Peter - 2005

Analyzing a variety of cross-national and sub-national data, we argue that high adult mortality reduces economic growth by shortening time horizons. Higher adult mortality is associated with increased levels of risky behavior, higher fertility, and lower investment in physical and human capital....

Persistent link: https://www.econbiz.de/10012467057

Systemic Crises and Growth

Ranciere, Romain - 2005

In this paper, we document the fact that countries that have experienced occasional financial crises have, on average, grown faster than countries with stable financial conditions. We measure the incidence of crisis with the skewness of credit growth, and find that it has a robust negative...

Persistent link: https://www.econbiz.de/10012467611