The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India
研究印度废除许可证制度后,不同劳动市场法规的邦在制造业产出增长上的差异,发现亲雇主劳动制度的邦增长更快。
We study whether the effects on registered manufacturing output of dismantling the License Raj—a system of central controls regulating entry and production activity in this sector—vary across Indian states with different labor market regulations. The effects are found to be unequal across Indian states with different labor market regulations. In particular, following delicensing, industries located in states with pro-employer labor market institutions grew more quickly than those in pro-worker environments.