dc.contributor.author | Balakrishnan, Pulapre | |
dc.contributor.author | Pushpangadan, K. | |
dc.contributor.author | Babu, M. Suresh | |
dc.coverage.spatial | India | en_GB |
dc.date.accessioned | 2013-10-08T10:45:16Z | |
dc.date.available | 2013-10-08T10:45:16Z | |
dc.date.issued | 2002 | |
dc.identifier.citation | Balakrishnan, Pulapre, K. Pushpandadan & M.Suresh Babu (2002) Trade liberalisation, market power and scale efficiency in Indian industry. CDS working papers, no.336. Trivandrum: CDS. | en_GB |
dc.identifier.uri | https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/3048 | |
dc.description.abstract | Using information on listed firms in each of the industry groups at
the two-digit level within Manufacturing this study investigates whether
the radical shift in trade policy in India in 1991 resulted in a reduction
in market power and/or an improvement in scale efficiency. We estimate
a group-wise production function allowing for firm-specific effects. A
plausible estimate of market power is obtained and the assumption of
constant returns to scale is mostly rejected. As regards the effects of the
trade-policy shock of 1991, evidence of a move to a more competitive
market structure or of an improvement in scale efficiency is not
widespread across Indian manufacturing.
JEL Classification: F12
Key words: Trade liberalisation; Market power; Scale Economies | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | Centre for Development Studies | en_GB |
dc.relation.ispartofseries | CDS working papers;336 | |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/ | en_GB |
dc.subject | Economic Development | en_GB |
dc.subject | Governance | en_GB |
dc.subject | Trade | en_GB |
dc.title | Trade liberalisation, market power and scale efficiency in Indian industry | en_GB |
dc.type | Series paper (non-IDS) | en_GB |
dc.rights.holder | Centre for Development Studies | en_GB |
dc.identifier.externaluri | http://www.cds.edu/outreach/publications/working-papers | en_GB |