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Liberalization and economic performance of the informal sector : a study of Indian economy için kapak resmi
Başlık:
Liberalization and economic performance of the informal sector : a study of Indian economy
Yazar:
Bairagya, Indrajit. author
ISBN:
9781138056558

9781315756974

9780415736275
Yazar Ek Girişi:
Fiziksel Tanımlama:
xxiv, 193 pages ; 25 cm
İçerik:
1 Introduction -- 1.1. Motivation of the study -- 1.2. The process of liberalization in India -- 1.3. Studies on the informal sector -- 1.4. Research gaps and researchable issues -- 1.5. Objectives -- 1.6. Methodology and database -- 1.7. Data availability and challenges -- 1.8. Organization of the book -- 2 Definitional distinction between the unorganized and informal sectors: how far is it relevant? -- 2.1. Introduction -- 2.2. Definitional diversity of the informal sector in India -- 2.3. Measurement issues. 2.4. Nature of the informal sector in India2.5. Summary -- 3 Contribution and growth of the formal and informal sectors: descriptive analysis -- 3.1. Introduction -- 3.2. Trade policy regimes -- 3.3. Methodology for the descriptive analysis -- 3.4. Results of aggregate analysis -- 3.5. Disaggregate analysis by sub-sectors -- 3.6. Summary -- 4 Impact of liberalization on the growth of the informal sector -- 4.1. Introduction -- 4.2. Implication on functional income distribution -- 4.3. Personal income distribution -- 4.4. Methodology for measuring the impact of liberalization -- 4.5. Descriptions of data and variables. 4.6. Estimation results4.7. Summary -- Appendix -- 5 Formal-informal sectors' linkages and economic growth -- 5.1. Introduction -- 5.2. Theoretical framework -- 5.3. Empirical analysis -- 5.4. Estimation results -- 5.5. A simulation analysis -- 5.6. Sources of growth -- 5.7. Summary -- Appendix -- 6 Efficiency of the unorganized manufacturing and services sector in India and its determinants -- 6.1. Introduction -- 6.2. Methodology for efficiency analysis of unorganized enterprises -- 6.3. Estimated results -- 6.4. Summary -- 7 Total factor productivity growth of informal and non-informal unorganized manufacturing sectors. 7.1. Introduction7.2. Methodology -- 7.3. Data and variables descriptions -- 7.4. Estimation results -- 7.5. Summary -- Appendix -- 8 Employment in the informal sector and informal employment in the formal sector: size and determinants -- 8.1. Introduction -- 8.2. Employment in the informal sector and informal employment in the formal sector -- 8.3. Determinants of the informal sector's employment -- 8.4. Estimation results -- 8.5. Unemployment rate -- 8.6. Summary -- 9 Conclusion and policy implications -- 9.1. Conclusion -- 9.2. Policy implications -- 9.3. Direction for future research -- References -- Index.
Özet:
Impact of liberalization on informality has been a subject of intense debate for many years and the major issue that has come up is whether liberalization helps to grow informal sector and informality in the economy or it is an obstruction for informal sector's growth. Thus, in the light of the recent liberalization measure, this book sets to examine general presumptions of the development of informal sector in the context of the Indian economy. The book begins with a broad framework for analysis of output contribution and growth of the informal sector. Liberalization is measured by openness indices and inter-sectoral linkages. Impact of liberalization on growth contributions of informal sector is captured by openness indices (i.e. degree of openness to trade and principal component scores), technical efficiency (measured by Data Envelope Analysis and estimated by Tobit Censored Regression model) and components of productivity (computed by Malmquist total factor productivity index) of the informal enterprises by inter-sectoral linkages. The linkages are modeled theoretically in a neo-classical growth theory and empirically measured by sub-contracting arrangements between formal and informal enterprises. In addition, the book also provides implications on promotion of informal sector from the viewpoint of employment generation. The description and analyses of the book will help with policy implications and enlighten the readers on the development of informal sector.
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