Tag Search: “firms”
Does going cashless make you tax-rich? Evidence from India’s demonetisation
During 2014-2017, the share of adults using electronic payments in the developing world increased by over a third, and policymakers have expressed optimism regarding the role of this trend in promotin...
- Lucie Gadenne Tushar Nandi Ross Warwick
- 28 March, 2022
- Articles
Debt contract enforcement and product innovation
Weak enforcement of debt contracts can have undesirable consequences for financial development, as difficulty in recovering claims from distressed firms causes banks to reduce lending. Leveraging the ...
- Tanya Jain Rahul Singh Chetan Subramanian
- 28 February, 2022
- Articles
Contract labour and firm growth in India
There is considerable evidence indicating that the Industrial Disputes Act (IDA), 1947 – which made it illegal for large companies to downsize – had a powerful disincentive effect for entrepreneurs in...
- Marianne Bertrand Chang-Tai Hsieh Nick Tsivanidis
- 02 December, 2021
- Articles
Alleviating financial concerns to enhance worker productivity
Financial constraints can have psychological consequences and affect productivity by making workers more distracted during work. Based on an experiment among small-scale manufacturing workers in Odish...
- Supreet Kaur Sendhil Mullainathan Suanna Oh Frank Schilbach
- 29 September, 2021
- Articles
Dealing with worker absenteeism in labour-intensive industries
Worker absenteeism in labour-intensive industries causes productivity losses for firms, and reduced potential for productivity-based incentives for workers. Based on a study in Karnataka, this article...
- Achyuta Adhvaryu Jean-François Gauthier Shalin Gor Saumya Joshi Anant Nyshadham Jorge Tamayo
- 08 September, 2021
- Articles
India’s trade protectionism and low-productivity vicious cycle
Amid rising populism and anti-globalisation movements across the world, Atmanirbhar Bharat represents India’s adoption of trade protectionism. While the country’s inward-oriented economic policies ten...
- Srijan Shukla
- 07 July, 2021
- Perspectives
Business sentiments and labour markets
The Covid-19 pandemic and associated lockdowns have had a significant adverse impact on jobs and livelihoods. Using 2006-2021 data from a survey on business sentiments, this article examines fluctuati...
- Bornali Bhandari Samarth Gupta Ajaya Kumar Sahu K Subbaraje Urs
- 04 May, 2021
- Articles
From abundant global liquidity to selective lending: How corporate finance has changed
Global credit has experienced significant changes in the last two decades. Analysing data on 1,160 Indian firms for the 2000-2017 period, this article shows that in the period following the global fin...
- Chiara Banti Udichibarna Bose
- 30 April, 2021
- Articles
Rising industrial accidents: Fallout of boosting ‘Ease of Doing Business’?
India has witnessed a surge in severe fire and explosion-related accidents in industrial and commercial establishments, in recent years. In this post, R Nagaraj contends that perhaps the dilution – or...
- R. Nagaraj
- 28 April, 2021
- Perspectives
Environmental relocation and firm outcomes
Industrial relocation policies have become increasingly popular as a policy tool to combat pollution in the developing world. Using Economic Census data from 2005 and 2013, this article examines the i...
- Michael Gechter Namrata Kala
- 26 April, 2021
- Articles
How effective are unenforced mandates for corporate social responsibility?
By enacting the Companies Act in 2013, India became the first country in the world to mandate spending by large corporations on socially responsible initiatives. Using firm data from 2010 and 2016, th...
- Sangeeta Bansal Madhu Khanna
- 05 April, 2021
- Articles
India’s new labour codes: A pre-condition for long-run growth
The Ministry of Labour and Employment has recently notified four new labour codes, which are expected to be implemented from April 2021. Assessing the impact of the policy changes around hiring-and-fi...
- Aakanksha Shrawan
- 11 March, 2021
- Perspectives