.svg){kind=icon}
.svg){kind=icon}
%201.svg){kind=icon}
%201.svg){kind=icon}
.svg){kind=icon}
.svg)
.svg)
Leslie Martin
Leslie Martin is an Assistant Professor in the Department of Economics at the University of Melbourne. Her primary fields are environmental economics and energy economics, and secondary fields are industrial organisation and international development. Dr Martin's research currently focusses on (1) consumer responses to the availability of smart meter data in markets with retail competition and (2) interactions between regulation, firms, and environmental outcomes in industrialising countries. She has also conducted a recent evaluation of driver responses to road use charges. Dr. Martin has a Ph.D. in agricultural and resource economics from the University of California, Berkeley, and a B.A. in applied mathematics from Massachusetts Institute of Technology (MIT). She spent several years as a research scholar at the International Institute for Applied Systems Analysis, studying the impact of climate change-related disasters on developing countries, and as a consultant for the World Bank in Bolivia working on productivity and competitiveness, pension reform, and hydrocarbon taxes.
.svg)
How did de-reservation of small-scale industry affect employment?
To protect small, labour-intensive manufacturing enterprises and boost employment, the Indian government reserved certain products for exclusive production by such enterprises. This policy was gradually phased out during 1997-2015. This column finds that dismantling of the reservation, in fact, led to increases in overall employment, driven by entrants into the de-reserved product space and incumbents that were previously constrained by the policy’s size limits.
