Description: Learning versus Stealing How Important are Market-Share : Reallocations to India’s Productivity Growth?

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Learning versus Stealing How Important are Market-Share : Reallocations to India’s Productivity Growth?

Recent trade theory emphasizes the role of market-share reallocations across firms ("stealing") in driving productivity growth, while the older literature focused on average productivity improvements ("learning"). The authors us...

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Bibliographic Details
Main Authors:	Harrison, Ann E., Martin, Leslie A., Nataraj, Shanthi
Language:	English
Published:	2012
Subjects:	ACCOUNTING AVERAGE PRODUCTIVITY BALANCE OF PAYMENTS BALANCE OF PAYMENTS CRISIS BARRIERS TO COMPETITION BASE YEAR BOOK VALUE BUSINESS PARTNERS CHECKS COLLECTION PROCESS COMMERCE CONDITIONS CONSUMERS CREDITORS CUSTOMS DEFLATORS DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DUMMY VARIABLE DUMMY VARIABLES ECONOMIC ANALYSIS ECONOMIC PERFORMANCE EMPLOYMENT EQUIPMENT EXCHANGE RATE EXPORTERS EXPORTS FISCAL DEFICIT FIXED CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKETS FOREIGN TRADE FREE TRADE GLOBAL ECONOMY HARMONIZATION IMPERFECT COMPETITION IMPUTATION INCREASING RETURNS INDUSTRIAL CLASSIFICATION INDUSTRIAL DISPUTES INDUSTRIAL POLICIES INDUSTRIAL STATISTICS INDUSTRY PRODUCTIVITY INFORMATION SYSTEM INNOVATION INPUT DATA INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE INTERPOLATION INVENTORY LABOR DEMAND LABOR FORCE LABOR PRODUCTIVITY LABOR REGULATIONS LAYOFF LICENSE LICENSES LICENSING MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET SHARE MARKET STRUCTURE MATERIAL MISSING VALUES MULTIPLIERS OIL PRICES OPEN ACCESS POLITICAL ECONOMY PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES REGISTRY REMITTANCES RESULT RESULTS RETURN SCIENCE FOUNDATION SEARCH SERIAL NUMBER SERIAL NUMBERS SERVICE PROVIDERS TARIFF BARRIERS TELECOMMUNICATIONS TIME PERIOD TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT TOTAL REVENUE TRADE LIBERALIZATION TRADE POLICY TRADE REFORMS TRADE REGIME TURNOVER USES WEB WHOLESALE PRICE INDICES YIELDS
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110816113526 http://hdl.handle.net/10986/3523

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Summary:	Recent trade theory emphasizes the role of market-share reallocations across firms ("stealing") in driving productivity growth, while the older literature focused on average productivity improvements ("learning"). The authors use comprehensive, firm-level data from India's organized manufacturing sector to show that market-share reallocations did play an important role in aggregate productivity gains immediately following the start of India's trade reforms in 1991. However, aggregate productivity gains during the overall period from 1985 to 2004 were driven largely by improvements in average productivity, which can be attributed to India's trade liberalization and FDI reforms.