Abstract
Has the efficiency of firms in India improved since its liberalization in 1991? The authors attempt to answer this question by analyzing the determinants of firm-level efficiency in six manufacturing sectors in India while focusing on the effects of liberalization and domestic competition. They find that there was an increase in overall efficiency in the post-reform period in India in five out of six sectors. While imports do not seem to improve efficiency, liberalization did increase efficiency in four of the sectors.
Original language | English |
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Pages (from-to) | 419-431 |
Number of pages | 13 |
Journal | Review of development economics |
Volume | 7 |
Issue number | 3 |
DOIs | |
Publication status | Published - Aug 2003 |
Bibliographical note
The definitive version is available at www.blackwell-synergy.comKeywords
- efficiency
- India
- liberalization
- domestic competition