Tag Search: “firms”

Land and financial misallocation in India

Optimising the allocation of factors of production – land, capital and labour - improves productivity. In India, where evidence suggests land is severely misallocated to inefficient manufacturing firm...

  • Articles

Are small and medium enterprises constrained by the inability to raise funds from the equity markets? Evidence from the creation of a new platform in

Small and medium enterprises employ 40% of India’s workforce, and account for 45% of the manufacturing output and 40% of the total exports of the country. However, productivity in the sector is very l...

  • IGC Research on India

Markups and capital misallocation: A trade-off? Evidence from the Indian manufacturing sector

Capital misallocation in India has continuously increased over the past two decades, despite extensive liberalisation. At the same time, the importance of financial frictions for the Indian economy ha...

  • IGC Research on India

What does China’s ‘new normal’ mean for India?

China’s new normal – a growth rate of at least 6.5% - has been set as a target in its 13th Five Year Plan. In this article, Sharmila Kantha, Principal Consultant, Confederation of Indian Industry, con...

  • Perspectives

Indo-Korea trade pact: Harnessing the potential in services

India and Korea signed a Comprehensive Economic Partnership Agreement (CEPA) in 2009, which resulted in an increase of 42% in bilateral trade between 2009-10 and 2012-13. This column examines the CEPA...

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Why outward FDI should be encouraged

The ‘Make in India’ programme seeks to incentivise global investors to manufacture in India. In this article, Natasha Agarwal, an independent research economist argues that efforts should also be made...

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Trade liberalisation and intergenerational occupational mobility in urban India

While the trade reforms of the 90s led to a rapid increase in trade in India, there are concerns regarding the likely impact of the reforms on inequality. This column shows that innovation induced by...

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India-ASEAN economic linkages: Challenges and way forward

India’s ‘Look East’ policy picked up steam with the conceptualisation of the Indian-ASEAN Free Trade Agreement in 2003. This column analyses the broad trends in India-ASEAN trade over the past decade,...

  • Perspectives

How foreign inflows impact Indian manufacturing firms

In the past few decades, India has emerged as one of the preferred destinations for foreign investors, with the manufacturing sector receiving a substantial proportion of total capital inflows coming...

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The Impact of Climate and Pollution on Worker Productivity: Evidence from a Garment Factory in India

This project aims to answer the following research questions: i) What is the impact of air pollution on worker productivity and other labour outcomes (attendance, tardiness, and attrition)? ii) What i...

  • IGC Research on India

Labour rationing and forced entrepreneurship in village India

When individuals are rationed out of the labour market, this not just decreases welfare but can also create labour misallocation as rationed workers may turn to less-productive self-employment activit...

  • IGC Research on India

Foreign currency borrowing by Indian firms: What do we know?

As foreign currency borrowing by Indian firms has been increasing, concerns have surfaced about rising associated risks. Hence, recent policy changes seeking to make the regulatory regime simpler and...

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