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Hastening slowly : India's industrial growth in the era of economic reforms / M. Suresh Babu ; with a foreword by K.L. Krishna.
Publisher: Hyderabad : Orient BlackSwan, 2018Description: xviii, 237 pages : illustrations (black and white) ; 23 cmContent type:- text
- unmediated
- volume
- 9789352870783
- 9352870786
- 338.954 BAB 23
- HC435.3 .S857 2017
Contents:
Contents: Foreword by K. L. Krishna. 1. Introduction. 2. Analysing Industrial Performance: Perspectives and the Policy Environment. 3. Market Power and Competition in the Manufacturing Sector. 4. Evidence on Entry Barriers. 5. Total Factor Productivity Growth in Indian Manufacturing. 6. The Growing Unorganised Manufacturing Sector. 7. Trends in Regional Industrial Growth. 8. Industrial Performance: The Missing Dynamism? 9. The Postlude. Appendices. References. Index. Post-Independence India s diverse economy witnessed major changes in the 1990s, most of which were aimed at changing the industrial landscape. As the control and command of the state were diluted, competitive market conditions were expected to take their place and enhance output growth in the manufacturing sector. Hastening Slowly is a comprehensive analysis of the changes in the market structure and performance of Indian manufacturing industries since the onset of these policy changes. With in-depth analyses of market structure, market power and performance, competition and entry barriers, regional industrial growth patterns, and econometric substantiation, the author argues that market power does exist. The author also identifies and quantifies the major entry barriers the biggest hindrance to the competitive process strategically erected by firms in the Indian context. Finally, the book briefly studies the productivity of major industries and regional inequality in the manufacturing sector. The author shows that there has been no substantial improvement in productivity, and that inequality across regions is widening. He also shows that unorganised manufacturing has performed better than organised manufacturing. This meticulously-researched work, applicable not only to India but to any late industrialising country, is a pertinent contribution to the literature on economic policy and thought. Students and scholars of economics, management studies and development studies will find the book interesting
| Item type | Current library | Shelving location | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
BOOKs
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National Law School | MPP Section | 338.954 BAB (Browse shelf(Opens below)) | Available | 37475 |
Includes statistical tables.
Includes bibliographical references (pages 211-230) and index.
Contents: Foreword by K. L. Krishna. 1. Introduction. 2. Analysing Industrial Performance: Perspectives and the Policy Environment. 3. Market Power and Competition in the Manufacturing Sector. 4. Evidence on Entry Barriers. 5. Total Factor Productivity Growth in Indian Manufacturing. 6. The Growing Unorganised Manufacturing Sector. 7. Trends in Regional Industrial Growth. 8. Industrial Performance: The Missing Dynamism? 9. The Postlude. Appendices. References. Index. Post-Independence India s diverse economy witnessed major changes in the 1990s, most of which were aimed at changing the industrial landscape. As the control and command of the state were diluted, competitive market conditions were expected to take their place and enhance output growth in the manufacturing sector. Hastening Slowly is a comprehensive analysis of the changes in the market structure and performance of Indian manufacturing industries since the onset of these policy changes. With in-depth analyses of market structure, market power and performance, competition and entry barriers, regional industrial growth patterns, and econometric substantiation, the author argues that market power does exist. The author also identifies and quantifies the major entry barriers the biggest hindrance to the competitive process strategically erected by firms in the Indian context. Finally, the book briefly studies the productivity of major industries and regional inequality in the manufacturing sector. The author shows that there has been no substantial improvement in productivity, and that inequality across regions is widening. He also shows that unorganised manufacturing has performed better than organised manufacturing. This meticulously-researched work, applicable not only to India but to any late industrialising country, is a pertinent contribution to the literature on economic policy and thought. Students and scholars of economics, management studies and development studies will find the book interesting
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