SERVICES REFORM AND MANUFACTURING PERFORMANCE: EVIDENCE FROM INDIAx7S中山大学中国第三产业研究中心 x7S中山大学中国第三产业研究中心
x7S中山大学中国第三产业研究中心
作者：Jens Matthias Arnold, Beata Javorcik, Molly Lipscomb and Aaditya Mattoox7S中山大学中国第三产业研究中心
期刊：The Economic Journal, 126 (February), 1–39x7S中山大学中国第三产业研究中心
摘要：Conventional explanations for the post-1991 growth of India’s manufacturing sector focus on goods trade liberalisation and industrial delicensing. We demonstrate the powerful contribution of a neglected factor: India’s policy reforms in services. The link between these reforms and the productivity of manufacturing firms is examined using panel data for about 4,000 Indian firms for the period 1993–2005. We find that banking, telecommunications, insurance and transport reforms all had significant positive effects on the productivity of manufacturing firms. Services reforms benefited both foreign and locally owned manufacturing firms, but the effects on foreign firms tended to be stronger.x7S中山大学中国第三产业研究中心
