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How Efficiently is Capital Allocated?Evidence from the Knitted Garment Industry in Tirupur

机译:资本的配置效率如何?蒂鲁普针织服装业的证据

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摘要

This paper studies the effect of community identity on investment behaviour in the knitted garment industry in the South Indian town of Tirupur.We document very large and systematic differences in both levels of capital stock and the capital intensity of production in firms owned by people from two different community groups.We argue that the differences in investment cannot be explained by productivity differences alone.We suggest that the most likely explanation is that the two communities differ in thier access to capital.
机译:本文研究了社区身份对印度南部城镇蒂鲁普(Turupur)针织服装业投资行为的影响。我们认为,不能仅凭生产力差异来解释投资差异。

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