Learning versus Stealing How Important are Market-Share : Reallocations to India’s Productivity Growth?

Recent trade theory emphasizes the role of market-share reallocations across firms ("stealing") in driving productivity growth, while the older literature focused on average productivity improvements ("learning"). The authors use comprehensive, firm-level data from India's organized manufacturing sector to show that market-share reallocations did play an important role in aggregate productivity gains immediately following the start of India's trade reforms in 1991. However, aggregate productivity gains during the overall period from 1985 to 2004 were driven largely by improvements in average productivity, which can be attributed to India's trade liberalization and FDI reforms.

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Bibliographic Details
Main Authors: Harrison, Ann E., Martin, Leslie A., Nataraj, Shanthi
Format: Policy Research Working Paper biblioteca
Language:English
Published: 2011-08-01
Subjects:ACCOUNTING, AVERAGE PRODUCTIVITY, BALANCE OF PAYMENTS, BALANCE OF PAYMENTS CRISIS, BARRIERS TO COMPETITION, BASE YEAR, BOOK VALUE, BUSINESS PARTNERS, CHECKS, COLLECTION PROCESS, COMMERCE, CONDITIONS, CONSUMERS, CREDITORS, CUSTOMS, DEFLATORS, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICY, DUMMY VARIABLE, DUMMY VARIABLES, ECONOMIC ANALYSIS, ECONOMIC PERFORMANCE, EMPLOYMENT, EQUIPMENT, EXCHANGE RATE, EXPORTERS, EXPORTS, FISCAL DEFICIT, FIXED CAPITAL, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FOREIGN MARKETS, FOREIGN TRADE, FREE TRADE, GLOBAL ECONOMY, HARMONIZATION, IMPERFECT COMPETITION, IMPUTATION, INCREASING RETURNS, INDUSTRIAL CLASSIFICATION, INDUSTRIAL DISPUTES, INDUSTRIAL POLICIES, INDUSTRIAL STATISTICS, INDUSTRY PRODUCTIVITY, INFORMATION SYSTEM, INNOVATION, INPUT DATA, INTERNATIONAL BANK, INTERNATIONAL ECONOMICS, INTERNATIONAL TRADE, INTERPOLATION, INVENTORY, LABOR DEMAND, LABOR FORCE, LABOR PRODUCTIVITY, LABOR REGULATIONS, LAYOFF, LICENSE, LICENSES, LICENSING, MANUFACTURING, MANUFACTURING INDUSTRIES, MANUFACTURING INDUSTRY, MARKET SHARE, MARKET STRUCTURE, MATERIAL, MISSING VALUES, MULTIPLIERS, OIL PRICES, OPEN ACCESS, POLITICAL ECONOMY, PRODUCTION FUNCTION, PRODUCTIVITY, PRODUCTIVITY GROWTH, PRODUCTIVITY INCREASES, REGISTRY, REMITTANCES, RESULT, RESULTS, RETURN, SCIENCE FOUNDATION, SEARCH, SERIAL NUMBER, SERIAL NUMBERS, SERVICE PROVIDERS, TARIFF BARRIERS, TELECOMMUNICATIONS, TIME PERIOD, TOTAL FACTOR PRODUCTIVITY, TOTAL OUTPUT, TOTAL REVENUE, TRADE LIBERALIZATION, TRADE POLICY, TRADE REFORMS, TRADE REGIME, TURNOVER, USES, WEB, WHOLESALE PRICE INDICES, YIELDS,
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110816113526
http://hdl.handle.net/10986/3523
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