Aghion, P.;
Burgess, R.;
Redding, S.;
Ziilibotti, F.;
(2006)
The unequal effects of liberalization: evidence from dismantling the license Raj in India.
(NBER Working Papers
12031).
National Bureau of Economic Research: Cambridge, US.
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Abstract
We study the effects of the progressive elimination of the system of industrial regulations on entry and production, known as the "license raj," on registered manufacturing output, employment, entry and investment 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 delicensing, industries located in states with pro-employer labor market institutions grew more quickly than those in pro-worker environments.
| Type: | Working / discussion paper |
|---|---|
| Title: | The unequal effects of liberalization: evidence from dismantling the license Raj in India |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://www.nber.org/papers/w12031 |
| Language: | English |
| Additional information: | Please see http://eprints.ucl.ac.uk/17735/ for a version published in the American Economic Review |
| UCL classification: | UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/17775 |
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