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Tag Search: “firms”

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...

  • 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...

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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...

  • Perspectives

‘Outside’ managers’ productivity, firm dynamics, and economy growth

In developed countries, many industrial giants have humble beginnings as small, family-owned businesses, but nonetheless expand to hundreds of thousands of employees over time by relying on professio...

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Import competition, formalisation, and role of contract workers

Given the recent expansion in the participation of developing countries in global trade, it is important to understand the role of trade in the composition of employment in these countries. Analysing ...

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Expectations, wage hikes, and worker voice

Understanding how exit decisions of workers are affected by their ability to voice their concerns, is a central question in labour economics. Based on an experiment in 12 garment factories in Karnatak...

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What pay ratios in NIFTY50 companies tell us about income inequality in India

In the wake of the economic crisis triggered by the Covid-19 pandemic and associated lockdowns, demands for relief from the corporate sector were as vocal as those for affected workers. However, the s...

  • Perspectives

Lead Bank Scheme: Does organisational design matter?

The Lead Bank Scheme of the RBI involves a ‘lead bank’ in each district of India that coordinates financial services in the district, and a ‘convenor bank’ in each state that monitors these activities...

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What would make India’s growth sustainable?

Much of the discussion on the economic slowdown in India in recent years – as well as on the government’s measures to tackle the present economic crisis due to the Covid-19 lockdown – is focused on th...

  • Perspectives

Covid-19: Assessing vulnerabilities faced by microenterprises

In India, where microenterprises form a crucial foundation for livelihoods and employment, the effects of the Covid-19 lockdown can potentially be significant. Based on the first wave of a dynamic, mu...

  • Notes from the Field

Does easing controls on foreign borrowing boost firm performance?

The literature shows that rigid capital-control policies adversely influence international trade, but overlooks the relationships among access to external financing, firm-level productivity, and expor...

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The supply-side effects of India’s demonetisation

What were the effects of the 2016 Indian demonetisation that removed 86% of currency in circulation overnight, on the production side of the economy? By combining data from financial statements and su...

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