Vinish, Kathuria and Seethamma Natarajan, Rajesh Raj and Sen, Kunal (2010): Rain, Rain, Go Away? The Investment Climate, State Business Relations and Firm Performance in India.
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It is commonly argued that a better investment climate reform – that is, lower distortions in the institutional, policy and regulatory environment in which firms operate - lead to discernible improvements in firm performance. In this paper, we argue that effective state business relations condition better investment climate outcomes and that the deeper institutional determinants of firm performance are the former. We examine the effect of effective state-business relations of total factor productivity (TFP) for formal sector firms in India for the years 2000-01 and 2004-05 and find support for this hypothesis.
|Item Type:||MPRA Paper|
|Original Title:||Rain, Rain, Go Away? The Investment Climate, State Business Relations and Firm Performance in India|
|English Title:||Rain, Rain, Go Away? The Investment Climate, State Business Relations and Firm Performance in India|
|Keywords:||State business relations, total factor productivity, India|
|Subjects:||D - Microeconomics > D2 - Production and Organizations > D24 - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity|
|Depositing User:||Rajesh Raj S N|
|Date Deposited:||29. Jan 2010 13:36|
|Last Modified:||13. Feb 2013 07:34|
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