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Trade Liberalization And Labour Demand Elasticity In Indian Manufacturing
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Book Synopsis Trade Liberalization and Labour Demand Elasticity in Indian Manufacturing by : Bishwanath Goldar
Download or read book Trade Liberalization and Labour Demand Elasticity in Indian Manufacturing written by Bishwanath Goldar and published by . This book was released on 2009 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Liberalization and Employment Effects in Indian Manufacturing by : Sunitha Raju
Download or read book Trade Liberalization and Employment Effects in Indian Manufacturing written by Sunitha Raju and published by . This book was released on 2018 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the study is to examine the impact of international trade on manufacturing employment in India over 2004-2011. The theoretical literature suggests that trade affects the demand for labour through scale, composition and process effects. Since India is largely a labour- abundant country, its comparative advantage rests in labour intensive manufacturing. However, the study finds that since the onset of reforms, production and trade specialisation has been biased towards capital-intensive production and, therefore has failed to absorb the vast pool of labour resources. The study finds that in general the labour demand elasticity has fallen in the global economic crisis period except for skilled workers. The export orientation has a relatively greater impact on employment, especially for skilled workers in the crisis period. The overall impact was negative during the crisis. The survey of selected manufacturing firms shows that trade costs are higher for labour-intensive firms.
Book Synopsis Trade Reforms, Labor Regulations and Labor-demand Elasticities by : Rana Hasan
Download or read book Trade Reforms, Labor Regulations and Labor-demand Elasticities written by Rana Hasan and published by . This book was released on 2003 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using industry-level data disaggregated by states, this paper finds a positive impact of trade liberalization on labor-demand elasticities in the Indian manufacturing sector. These elasticities turn out to be negatively related to protection levels that vary across industries and over time. Furthermore, we find that these elasticities are not only higher for Indian states with more flexible labor regulations, they are also impacted to a larger degree by trade reforms. Finally, we find that after the reforms, volatility in productivity and output gets translated into larger wage and employment volatility, theoretically a possible consequence of larger labor-demand elasticities.
Book Synopsis Theorizing International Trade by : Somesh K. Mathur
Download or read book Theorizing International Trade written by Somesh K. Mathur and published by Springer. This book was released on 2017-11-28 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the developments in trade theories, including new-new trade models that account for firm level trade flows, trade growth accounting using inverse gravity models (including distortions in gravity models), the impact of trade liberalization under the aegis of regional and multilateral liberalization efforts of economies using partial and general equilibrium analysis, methodologies of constructing ad valorem equivalents of non-tariff barriers, volatility spillover effects of financial and exchange rate markets. The main purpose of the book is to guide researchers working in the area of international trade, especially focused on empirical analysis of trade policy issues by updating their knowledge on issues related to trade theory, empirical methods, and their applications. The book would prove useful for policy makers, academicians, and researchers.
Book Synopsis The Routledge Handbook of Post-Reform Indian Economy by : Rajesh Raj S. N.
Download or read book The Routledge Handbook of Post-Reform Indian Economy written by Rajesh Raj S. N. and published by Taylor & Francis. This book was released on 2021-11-26 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook presents a comprehensive study of the post-reform Indian economy, three decades after the economic liberalization started in the early 1990s. It studies the broad range of changes that were introduced in the reforms era, assessing their impact on sectors like manufacturing, agriculture, banking and finance, among others. It also assesses the performance of these sectors amid globalization and the socio-economic shifts in the country. The volume evaluates the contribution of the reforms to social transformation, social inclusion, sustainability and human development, and deliberates on the gains, blind spots and limitations. With contributions from scholars across the country, case studies and comparative analyses that draw on data analysis, econometric evidence and historical sensibility, this is an authoritative volume on the reforms of the 1990s and their impact on the Indian economy and people. Topical and the first of its kind, the book will be a useful resource for scholars and researchers of economics, development studies, political economy, management studies, public policy and political studies.
Download or read book Exports to Jobs written by Erhan Artuc and published by World Bank Publications. This book was released on 2019-02-25 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has grown rapidly with significant reductions in poverty, but it has not been able to match the fast-growing working age population, leading to lingering concerns about jobless growth and poor job quality. Could export growth in South Asia result in better labor market outcomes? The answer is yes, according to our study, which rigorously estimates—using a new methodology—the potential impact from higher South Asian exports per worker on wages and employment over a 10-year period. Our study shows the positive side of trade. It finds that increasing exports per worker would result in higher wages—mainly for better-off groups, like more educated workers, males, and more-experienced workers—although less-skilled workers would see the largest reduction in informality. How can the benefits be spread more widely? Our study suggests that scaling up exports in labor-intensive industries could significantly lower informality for groups like rural and less-educated workers in the region. Also, increasing skills, and participation of women and young workers in the labor force could make an even bigger dent in informal employment. The region could achieve these gains by: (i) boosting and connecting exports to people (e.g., removing trade barriers and investment in infrastructure); (ii) eliminating distortions in production (e.g., by more efficient allocation of inputs); and (iii) protecting workers (e.g., by investing in education and skills).
Book Synopsis Globalization and Poverty by : Ann Harrison
Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Book Synopsis Trade Policy, Inequality and Performance in Indian Manufacturing by : Kunal Sen
Download or read book Trade Policy, Inequality and Performance in Indian Manufacturing written by Kunal Sen and published by Taylor & Francis. This book was released on 2009 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the implications of trade reforms with reference to the 1991 reforms for India's manufacturing sector. The gradualist nature of the reform process, the move from a restrictive policy regime to an open one, and the unevenness of the reforms across sectors make the Indian economy a relevant context for understanding the welfare implications of trade reforms.
Download or read book Microfit 4.0 written by Hashem Pesaran and published by . This book was released on 1997-01-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: For the ecomometric analysis of time series data, Microfit should be a valuable package. With its choice of data analysis options, this program is an aid to all those interested in the evaluation and design of advanced univariate and multivariate time series models. Microfit is an interactive, menu-driven program with facilities for estimating and testing equations, forecasting, data processing, file management, and graphic display. Version 4.0 builds on the success of its predecessors, but should now be easier to use in both its new Windows format and its original DOS environment. It is a resource for business, banking, teaching, and research. with 80486 or 80486SX processor. At least 8Mb of free RAM (Windows) or 4Mb free RAM (DOS). Maths co-processor is required with an 80486SX. DOS 3.0 or higher. At least 8Mb free hard-disk space (Windows) or 12Mb (DOS).
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Book Synopsis Journal of Social and Economic Development by :
Download or read book Journal of Social and Economic Development written by and published by . This book was released on 2004 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: With reference to India.
Book Synopsis Barriers to Employment by : Arup Mitra
Download or read book Barriers to Employment written by Arup Mitra and published by Springer Nature. This book was released on 2023-08-04 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses the state-level panel data to identify some of the important correlates of employment growth/elasticity and indicators of quality-employment. To do so, it considers a wide spectrum of variables including physical, financial and social infrastructure specific indicators and government spending in certain key areas. In addition to the aggregate employment, the book also comprises analysis of different sectors, regions and gender categories. Based on the results, it identifies crucial determinants which bear important policy implications. The book presents evidence showcasing how the overall investment climate and an effective state, as envisaged in terms of increased social expenditure, are instrumental to improvements in employment elasticity. The findings also reinforce the role of industry-led growth and agglomeration economies in contributing to employment growth. Besides, based on the unit-level data from the periodic labour force surveys, the book tries to answer a wide range of questions such as, what restricts a person from getting absorbed in a high productivity activity; within a given sector why one is in a casual or self-employed job and not in regular wage job; are casual wage jobs in the informal sector different from those in the formal sector; and why the wage variations exist across sectors and activities. The three rounds of periodic labour force surveys reflect on certain individual and household characteristics; in particular, the role of education is seen to be crucial in determining the occupational choice and the wage rate. Finally, the book focuses on the enterprise-level data and identifies the types of units which are vulnerable within the unorganized sector. It assesses the links of the unorganized sector units with their organised sector counterpart and identifies the factors which reduce the economic viability of the units.
Book Synopsis Labor Markets in Asia by : Jesus Felipe
Download or read book Labor Markets in Asia written by Jesus Felipe and published by Springer. This book was released on 2006-07-03 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume argues that while labour market reforms may be necessary in some specific cases, by no means are labour market policies the main explanation for the widespread increase in unemployment and underemployment across Asia and country specific studies undermine the case for across-the-board labour market reforms.
Book Synopsis Making Globalization Work by : Joseph E. Stiglitz
Download or read book Making Globalization Work written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2007-08-28 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.
Book Synopsis Trade and Employment by : Marion Jansen
Download or read book Trade and Employment written by Marion Jansen and published by International Labour Organization. This book was released on 2007 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the relationship between trade and employment and the way in which trade policies and labour market policies affect this relationship.
Book Synopsis The Indian Journal of Labour Economics by :
Download or read book The Indian Journal of Labour Economics written by and published by . This book was released on 2006 with total page 994 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Policy Issues and Empirical Analysis by : Robert E. Baldwin
Download or read book Trade Policy Issues and Empirical Analysis written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.