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首页> 外文期刊>Journal of Asian Economics >Is the post-reform growth of the Indian manufacturing sector efficiency driven? Empirical evidence from plant-level data
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Is the post-reform growth of the Indian manufacturing sector efficiency driven? Empirical evidence from plant-level data

机译:改革后的印度制造业效率增长是否受到驱动?来自工厂级数据的经验证据

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It is generally believed that the structural reforms that were introduced in India following the macro-economic crisis of 1991 ushered in competition and forced companies to become more efficient. However, whether the post-1991 growth is an outcome of more efficient use of resources or greater use of factor inputs remains an open empirical question. In this paper, we use plant-level data from 1989-1990 and 2000-2001 to address this question. Our results indicate that while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is explained by growth in the use of factor inputs. We also find that median technical efficiency declined in all but one of the industries between 1989-1990 and 2000-2001, and that change in technical efficiency explains a very small proportion of the change in gross value added.
机译:人们普遍认为,1991年宏观经济危机之后在印度进行的结构改革引入了竞争,并迫使公司提高了效率。但是,1991年后的增长是否是更有效地利用资源还是更多地使用要素投入的结果仍然是一个开放的经验性问题。在本文中,我们使用1989-1990年和2000-2001年的工厂级数据来解决此问题。我们的结果表明,尽管1990年代要素投入的生产率有所提高,但增加值的大部分增长是由要素投入使用的增长所解释的。我们还发现,在1989-1990年至2000-2001年期间,除一个行业外,所有行业中的技术效率中位数均下降,而技术效率的变化仅占总增加值变化的很小一部分。

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