From license Raj to market forces: the determinants of industrial structure in India after reform

Soo, K T (2008) From license Raj to market forces: the determinants of industrial structure in India after reform. Economica, 75 (298). pp. 222-243. ISSN 0013-0427

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Abstract

This paper explores the relationship between factor endowments, technology and industrial structure, using a panel data-set of Indian industries across states, industries and time. Factor endowments and technology are found to be significantly related to industry shares, and this is robust to controlling for the slow adjustment of industrial structure. I also consider the impact of the liberalization of the Indian economy beginning in 1985 and 1991 on the relationship between these variables. While industrial structure is always positively related to technological advantage, factor endowments play an increasingly significant role after liberalization.

Item Type: Journal Article
Journal or Publication Title: Economica
Uncontrolled Keywords: /dk/atira/pure/subjectarea/aacsb/disciplinebasedresearch
Subjects:
Departments: Lancaster University Management School > Economics
ID Code: 44506
Deposited By: ep_importer_pure
Deposited On: 11 Jul 2011 18:16
Refereed?: Yes
Published?: Published
Last Modified: 19 Sep 2019 23:57
URI: https://eprints.lancs.ac.uk/id/eprint/44506

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