Tag Search: “Firms”

Covid-19 and MSMEs: The ‘identification’ problem

A recent survey of 5,000 micro, small, and medium enterprises (MSMEs) found that 71% of them could not pay salaries to their workers in March 2020 due to the Covid-19 lockdown in India. The government...

  • Perspectives

Managerial quality and productivity dynamics

It is well known that managerial quality impacts firm productivity and growth. Which managerial skills, traits, and practices contribute most to productivity? Are all such traits easily observable? Ar...

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What explains India’s poor performance in garment exports?

India has been losing its share of the world garment trade over time – it went down from 6% in 2013 to 3.5% in 2016. This article examines the Indian garment industry based on a survey of garment manu...

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Firm survival in India: Status of firms formed over the last 30 years

The dynamic process of new firm formation and exit of weaker firms contributes to the evolution of industries and expansion of the economy. This article analyses the status of all new firms formed in ...

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Firm formation in India: The last 40 years

Research shows that entrepreneurship or new firm formation can be an important driver of economic development. This article studies the extent of new firm formation in India over the last 40 years and...

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Trade agreements and their impact on India’s apparel exports

Slow progress of the Doha Round of WTO negotiations has led to a proliferation of regional and bilateral trade agreements, and consequent increase in trade among their members. While India continues t...

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Nobel laureate Paul Romer’s contribution to endogenous growth theory

What motivates people like Steve Jobs to spend time, money, and effort in developing new ideas despite the implicit hazard that ideas can easily be copied later? In this post, Mausumi Das contends tha...

  • Perspectives

Global financial crisis and India: A look at the decade gone by

The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nalin...

  • Perspectives

Community networks and the growth of private enterprise in China

China has witnessed the same degree of industrialisation in three decades as Europe did in two centuries – without the preconditions that are generally believed to be necessary for economic developmen...

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The challenge of identifying economic activities of firms

The reliability of India’s GDP estimates has been debated extensively. A key challenge in the construction of macro-aggregates lies in the proper identification of firms’ economic activities as firms ...

  • Perspectives

Management and India’s economic growth

India has produced a well-recognised elite of managers, some of whom have demonstrated their capabilities in premier firms outside the country. In this post, Nirvikar Singh discusses existing empirica...

  • Perspectives

The effect of place-based development policies: Evidence from Indian SEZs

Since the introduction of the Special Economic Zones (SEZ), Act in 2005, India has invested roughly 0.5% of its GDP annually into this programme. Using nighttime lights data and firm- and worker-level...

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