•  

Tag Search: “firms”

Could job creation be a driver of poverty reduction in India?

While the Indian economy continues to grow, there is a consensus that creating more jobs is vital to reduce poverty. Ejaz Ghani shares trends which suggest that job creation is being driven by cities ...

  • Perspectives

Debt markets’ response to mandatory corporate social responsibility

To examine the response of debt holders to the Mandatory Corporate Social Responsibility, this study by Jitendra Aswani looks at debt pricing for firms impacted by the Indian Companies Act 2013 and it...

  • Articles

How worker investments can fuel productivity in India’s manufacturing sector

In the second article in the Ideas@IPF2023 series, Adhvaryu et al. synthesise some facts on India’s declining manufacturing productivity and variations across states and industries. They examine exist...

  • Perspectives

Ideas@IPF2023 series: NCAER’s India Policy Forum– where research meets policy

Every year, the National Council of Applied Economic Research (NCAER) hosts the India Policy Forum (IPF), a platform where economists and policymakers dissect five research ideas for their utility to ...

  • Symposium

Unpacking how MSMEs are defined in India’s manufacturing and services sector

The Indian government announced a number of reforms to help micro, small and medium enterprises that had been affected by the Covid-19 pandemic – including changes in how an MSMEs are classified. Rahu...

  • Perspectives

Implicit costs of factor allocation for Indian firms

Looking at variations in factor misallocation across states, Chaurey et al. measure trends in factor adjustment costs incurred by firms between 1999 and 2014. They find that adjustment costs for labou...

  • Articles

Formalisation of informal manufacturing enterprises in India

Employment in India’s organised manufacturing sector has grown rapidly since 2004. This article finds that about 15% of this growth can be attributed to the formalisation of previously informal enterp...

  • Articles

Creative destruction and catch-up growth in India

In this post, Peters and Zilibotti compare the size of firms in India and the US, and find that the 90% of firms in India have four employees or less, and attribute it to the absence of creative destr...

  • Articles

The role of political connections of firms during a crisis

Research has shown that political connections matter for a firm during times of economic crisis. This article refers to a unique data set of political connections of firms in India, and finds that fir...

  • Articles

Opportunities, risks and realities of India’s participation in global value chains

Despite its manufacturing capability, India, unlike other Asian countries, has failed to integrate into global value chains (GVCs). In this post, Karishma Banga discusses the nature of India’s GVC int...

  • Perspectives

How NBFCs are reinventing MSME finance

Even though micro and small enterprises make up over 99% of MSMEs in India, they receive a relatively small proportion of bank credit. Chandra and Muthusamy look at how lending to MSMEs has evolved ov...

  • Perspectives

The role of cities in ensuring good jobs

In light of India's rapid urbanisation, Rana Hasan looks at various factors which set large cities apart from smaller cities and rural areas: more job opportunities, higher wages, large manufacturing ...

  • Perspectives