The Puzzle of Jobless Growth in Indian Manufacturing

The Puzzle of Jobless Growth in Indian Manufacturing
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印度制造业无就业增长之谜

DOI:
10.1111/1468-0084.00084
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发表时间:
1998
影响因子:
2.5
通讯作者:
S. Bhalotra
S. Bhalotra
中科院分区:
经济学3区
文献类型:
--
作者:
S. Bhalotra

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上世纪80年代,印度在工业和贸易方面进行了放松管制的试验。制造业产出加速,但就业减少,这引发了人们对政策改革可取性的怀疑。本文提出从全要素生产率、实际工作时数和产品工资的增长来解释就业行为。使用稳健的方法,结果表明,忽视工作时间导致工资弹性估计的大幅上行偏差。生产率和工作时间的增长似乎与改革进程有关,工作时间的增加反映了失去的时间的恢复。在一定程度上,工作时间必须达到上限,预计这方面的就业下降将是暂时的。在其他条件不变的情况下,就业前景似乎在很大程度上取决于生产率的增长过程。布莱克韦尔出版有限公司版权所有1998年
In the 1980s, India experimented with deregulation in industry and trade. Manufacturing output accelerated but employment declined, raising doubts about the desirability of the policy reforms. This paper proposes an explanation of employment behavior in terms of increases in total factor productivity, in actual hours worked, and in the product wage. Using robust methods, it is shown that neglect of hours worked results in a substantial upward bias in estimates of the wage elasticity. Growth in productivity and hours appears to be associated with the reform process, with the increase in hours worked reflecting recovery of lost time. To the extent that hours must hit a ceiling, the drop in employment on this count is expected to be temporary. Other things being equal, employment prospects appear to depend considerably on the course of productivity growth. Copyright 1998 by Blackwell Publishing Ltd