Trade Liberalization and Firm Productivity: The Case of India
Using a panel of firm-level data, this paper examines the effects of India''s trade reforms in the early 1990s on firm productivity in the manufacturing sector, focusing on the interaction between this policy shock and firm and environment characteristics. The rapid and comprehensive tarif...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
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Schriftenreihe: | IMF Working Papers
Working Paper No. 04/28 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Using a panel of firm-level data, this paper examines the effects of India''s trade reforms in the early 1990s on firm productivity in the manufacturing sector, focusing on the interaction between this policy shock and firm and environment characteristics. The rapid and comprehensive tariff reductions-part of an IMF-supported adjustment program with India in 1991-allow us to establish a causal link between variations in inter-industry and intertemporal tariffs and consistently estimated firm productivity. Specifically, reductions in trade protectionism lead to higher levels and growth of firm productivity, with this effect strongest for private companies. Interestingly, state-level characteristics, such as labor regulations, investment climate, and financial development, do not appear to influence the effect of trade liberalization on firm productivity |
Beschreibung: | 1 Online-Ressource (38 p) |
ISBN: | 1451844697 9781451844696 |
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spelling | Topalova, Petia Verfasser aut Trade Liberalization and Firm Productivity The Case of India Topalova, Petia Washington, D.C International Monetary Fund 2004 1 Online-Ressource (38 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/28 Using a panel of firm-level data, this paper examines the effects of India''s trade reforms in the early 1990s on firm productivity in the manufacturing sector, focusing on the interaction between this policy shock and firm and environment characteristics. The rapid and comprehensive tariff reductions-part of an IMF-supported adjustment program with India in 1991-allow us to establish a causal link between variations in inter-industry and intertemporal tariffs and consistently estimated firm productivity. Specifically, reductions in trade protectionism lead to higher levels and growth of firm productivity, with this effect strongest for private companies. Interestingly, state-level characteristics, such as labor regulations, investment climate, and financial development, do not appear to influence the effect of trade liberalization on firm productivity Online-Ausg http://elibrary.imf.org/view/IMF001/07461-9781451844696/07461-9781451844696/07461-9781451844696.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Topalova, Petia Trade Liberalization and Firm Productivity The Case of India |
title | Trade Liberalization and Firm Productivity The Case of India |
title_auth | Trade Liberalization and Firm Productivity The Case of India |
title_exact_search | Trade Liberalization and Firm Productivity The Case of India |
title_exact_search_txtP | Trade Liberalization and Firm Productivity The Case of India |
title_full | Trade Liberalization and Firm Productivity The Case of India Topalova, Petia |
title_fullStr | Trade Liberalization and Firm Productivity The Case of India Topalova, Petia |
title_full_unstemmed | Trade Liberalization and Firm Productivity The Case of India Topalova, Petia |
title_short | Trade Liberalization and Firm Productivity |
title_sort | trade liberalization and firm productivity the case of india |
title_sub | The Case of India |
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