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_aKarak, Anirban _955253 |
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| 245 |
_aProfitability or Industrial Relations: _bWhat Explains Manufacturing Performance across Indian States? / |
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_bWiley, _c2020. |
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| 300 | _aVol. 51, issue 3, 2020 : (817-842 p.). | ||
| 520 | _aThis article begins with a critique of the well-known claim by Besley and Burgess concerning the negative impact of labour regulation on organized sector manufacturing performance in India. In the second part of the article, the authors use a state-level panel data set for the period 1969–2005 to analyse the relative importance of profitability (rate of profit as a percentage of the total replacement cost of capital stock) and industrial disputes (man-days lost to all industrial disputes as a percentage of total workers employed) to explain cross-state variations of manufacturing performance in India's organized sector. Using three different measures of manufacturing performance — net value added, investment and employment — they find that profitability is more significant than industrial disputes in explaining the variation of manufacturing sector performance across Indian states. The findings presented here therefore question the uncritical acceptance of Besley and Burgess's results in the literature on labour regulation. | ||
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_aBasu, Deepankar _955254 |
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| 773 | 0 |
_08737 _916865 _dWest Sussex John Wiley & Sons Ltd. 1970 _tDevelopment and change _x0012-155X |
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| 856 | _u https://doi.org/10.1111/dech.12493 | ||
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_2ddc _cART |
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_c13597 _d13597 |
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