Investment climate and total factor productivity in manufacturing: Analysis of Indian states

Type Working Paper - Indian Council for Research on International Economic Relations
Title Investment climate and total factor productivity in manufacturing: Analysis of Indian states
Author(s)
Publication (Day/Month/Year) 2004
URL http://core.kmi.open.ac.uk/download/pdf/6604739.pdf
Abstract
India has been undertaking significant liberalisation initiatives since 1991 with a
view to improving the efficiency of manufacturing industries and achieving faster GDP
growth. The effects of national level policies can differ considerably across the Indian
states, depending upon the nature of various institutional factors and policies in the states,
which can be classified under the broad heading ‘investment climate’ (IC). The present
paper investigates the influence of IC on the levels of total factor productivity (TFP) in the
organised manufacturing sector across the major Indian states

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