文章基本信息

标题：The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India
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作者：Philippe Aghion ; Robin Burgess ; Stephen Redding 等
期刊名称：International Studies Papers
出版年度：2005
卷号：2005
期号：12
出版社：Suntory Toyota International Centres for Economics and Related Disciplines
摘要：This paper investigates whether the effects, on registered manufacturing out-put, employment, entry and investment, 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 depending on the institutional environment in which industries are embedded. In particular, following delicensing, industries located in states with pro-employer labor market institutions grew more quickly than those in pro-worker environments. Our results emphasize how local institutions matter for whether industry in a region benefits or is harmed by the nationwide delicensing reform.