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...
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| Weitere Verfasser: | , |
| Format: | Elektronisch Artikel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2009
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| Online-Zugang: | Volltext |
| Zusammenfassung: | 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. |
| Beschreibung: | 1 Online-Ressource (22 p.) |
| DOI: | 10.1787/eco_studies-v2009-art3-en |
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| spelling | Dougherty, Sean VerfasserIn aut What is holding back productivity growth in India ? Recent microevidence Sean, Dougherty, Richard, Herd and Thomas, Chalaux Paris OECD Publishing 2009 1 Online-Ressource (22 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier 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. Economics India Herd, Richard MitwirkendeR ctb Chalaux, Thomas MitwirkendeR ctb Enthalten in OECD Journal: Economic Studies Vol. 2009, no. 1, p. 1-22 volume:2009 year:2009 number:1 pages:1-22 FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/eco_studies-v2009-art3-en Volltext |
| spellingShingle | Dougherty, Sean What is holding back productivity growth in India ? Recent microevidence Economics India |
| title | What is holding back productivity growth in India ? Recent microevidence |
| title_auth | What is holding back productivity growth in India ? Recent microevidence |
| title_exact_search | What is holding back productivity growth in India ? Recent microevidence |
| title_full | What is holding back productivity growth in India ? Recent microevidence Sean, Dougherty, Richard, Herd and Thomas, Chalaux |
| title_fullStr | What is holding back productivity growth in India ? Recent microevidence Sean, Dougherty, Richard, Herd and Thomas, Chalaux |
| title_full_unstemmed | What is holding back productivity growth in India ? Recent microevidence Sean, Dougherty, Richard, Herd and Thomas, Chalaux |
| title_short | What is holding back productivity growth in India ? |
| title_sort | what is holding back productivity growth in india recent microevidence |
| title_sub | Recent microevidence |
| topic | Economics India |
| topic_facet | Economics India |
| url | https://doi.org/10.1787/eco_studies-v2009-art3-en |
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