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Trade liberalization and productivity growth: evidence from Indian manufacturing

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Chand, Satish; Sen, Kunal

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The impact of trade liberalisation on productivity growth is still an empirical issue; the theoretical literature is as yet unclear on the direction of any such association. This paper develops an analytical framework and employs it to empirically test if trade liberalisation in Indian manufacturing has raised total factor productivity (TFP) growth. The answer is in the affirmative. Our results also support a key postulate of the new growth theories that liberalisation of the intermediate good...[Show more]

dc.contributor.authorChand, Satish
dc.contributor.authorSen, Kunal
dc.date.accessioned2003-08-14
dc.date.accessioned2004-05-19T08:00:43Z
dc.date.accessioned2011-01-05T08:37:13Z
dc.date.available2004-05-19T08:00:43Z
dc.date.available2011-01-05T08:37:13Z
dc.date.created1996
dc.identifier.urihttp://hdl.handle.net/1885/40360
dc.identifier.urihttp://digitalcollections.anu.edu.au/handle/1885/40360
dc.description.abstractThe impact of trade liberalisation on productivity growth is still an empirical issue; the theoretical literature is as yet unclear on the direction of any such association. This paper develops an analytical framework and employs it to empirically test if trade liberalisation in Indian manufacturing has raised total factor productivity (TFP) growth. The answer is in the affirmative. Our results also support a key postulate of the new growth theories that liberalisation of the intermediate good sectors has a larger favourable impact on TFP growth than that of the final good sectors.
dc.format.extent93997 bytes
dc.format.extent349 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypeapplication/octet-stream
dc.language.isoen_AU
dc.subjecttrade liberalization
dc.subjectproductivity growth
dc.subjectIndian manufacturing
dc.subjectTFP
dc.subjecttotal factor productivity
dc.subjecttrade reforms
dc.subjecttrade policies
dc.titleTrade liberalization and productivity growth: evidence from Indian manufacturing
dc.typeWorking/Technical Paper
local.description.refereedno
local.identifier.citationmonthsep
local.identifier.citationyear1996
local.identifier.eprintid1865
local.rights.ispublishedno
dc.date.issued1996
local.contributor.affiliationEconomics, RSPAS
local.contributor.affiliationANU
local.citationWorking papers in Trade and Development no.96/11
CollectionsANU Research Publications

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