What is holding back productivity growth in India ?: Recent microevidence

This article examines recent micro-evidence on the productivity of Indian firms, helping to explain why India's manufacturing sector has not performed as well as many observers expected. A series of structural distortions are documented, all of which may depress the performance of manufacturing...

Full description

Saved in:
Bibliographic Details
Main Author: Dougherty, Sean (Author)
Other Authors: Herd, Richard (Contributor), Chalaux, Thomas (Contributor)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2009
Subjects:
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
DE-20
DE-1028
DE-1049
DE-521
DE-861
DE-898
DE-92
DE-91
DE-573
DE-19
Volltext
Summary:This article examines recent micro-evidence on the productivity of Indian firms, helping to explain why India's manufacturing sector has not performed as well as many observers expected. A series of structural distortions are documented, all of which may depress the performance of manufacturing, and thus the economy as a whole. These distortions exist at multiple levels, and reflect long-standing problems with the reallocation of labour across sectors, the excessively small scale of firms, low firm turnover, poor product market integration, high industry concentration and persistent state ownership. Combined, these phenomena represent severe restraints on the level and growth of productivity in manufacturing, and suggest that much remains to be done to improve the strength and sustainability of India's development path
Physical Description:1 Online-Ressource (22 Seiten)
DOI:10.1787/eco_studies-v2009-art3-en

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text