Tag Search: “firms”
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...
- Rahul Ranjan
- 30 May, 2023
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...
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...
- Bishwanath Goldar
- 01 March, 2023
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...
- Michael Peters Fabrizio Zilibotti
- 27 January, 2023
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...
- Yutong Chen Gaurav Chiplunkar Sheetal Sekhri Anirban Sen Aaditeshwar Seth
- 07 November, 2022
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...
- Karishma Banga
- 17 September, 2022
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...
- Rohit Chandra Nishanth Muthusamy
- 15 September, 2022
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 ...
- Rana Hasan
- 14 September, 2022
Changing the frame: Making small firms compete like large ones
Although small firms have natural advantages, they face constraints when it comes to reach and scale; this prevents them from competing with larger firms. Pankaj Chandra shares business models from It...
- Pankaj Chandra
- 13 September, 2022
Has the export-oriented manufacturing model reached its sell-by date for India?
As India faces the challenge of creating millions of well-paying jobs for its rapidly growing working-age population, Devashish Mitra analyses which sectors and what strategies can provide these good ...
- Devashish Mitra
- 12 September, 2022
Barriers to upgrading in developing countries
In recent decades, several countries have seen rapid development, aided in part by the adoption of advanced technologies. In this post, Eric Verhoogen looks at recent research to highlight the factors...
- Eric Verhoogen
- 02 September, 2022
The effect of easing labour restrictions: Evidence on employment in Rajasthan
Stringent labour laws in India can hinder firms’ growth and increase the incidence of informal and contract employment. Looking at evidence from firms in Rajasthan after the amendment of the Industria...
- Sarur Chaudhary Siddharth Sharma
- 26 August, 2022