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  • 标题:The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India
  • 本地全文:下载
  • 作者:Philippe Aghion ; Robin Burgess ; Stephen Redding
  • 期刊名称:CEP Occasional Paper
  • 出版年度:2006
  • 卷号:2006
  • 出版社:Centre for Economic Performance, London School of Economics and Political Science
  • 摘要:This paper investigates whether the effects, on registered manufacturing out- put, employment, entry and investment, of dismantling the .license raja system of central controls regulating entry and production activity in this sector .vary across Indian states with different labor market regulations. The effects are found to be unequal depending on the institutional environment in which industries are embedded. In particular, following de-licensing, industries located in states with pro-employer labor market institutions grew more quickly than those in pro-worker environments. Our results emphasize how local institutions matter for whether industry in a region benefits or is harmed by the nationwide delicensing reform.
  • 关键词:delicensing; economic development; labour regulation
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