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Do productivity and ownership really matter for growth? Firm-level evidence

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  • Ghosh, Saibal

Abstract

Using data on Indian state-owned enterprises for 1987-2006, the paper examines the association between productivity, ownership and employment growth. After accounting for various firm level controls, the evidence indicates that firm growth improves primarily through passive learning, whereas higher levels of active learning appear to slow down firm growth, although the magnitude of these effects is economically small. Besides, the analysis suggests that ownership is significantly and non-linearly related to firm growth.

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Bibliographic Info

Article provided by Elsevier in its journal Economic Modelling.

Volume (Year): 26 (2009)
Issue (Month): 6 (November)
Pages: 1403-1413

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Handle: RePEc:eee:ecmode:v:26:y:2009:i:6:p:1403-1413

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Web page: http://www.elsevier.com/locate/inca/30411

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Keywords: Gibrat's law Employment Levinsohn-Petrin Privatization India;

References

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Cited by:
  1. Marko Ogorevc & Miroslav VerbiÄ, 2013. "Ownership and wages: spatial econometric approach," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, Inderscience Enterprises Ltd, vol. 5(2), pages 207-224.
  2. Chandan Sharma & Ritesh Kumar Mishra, 2011. "Does export and productivity growth linkage exist? Evidence from the Indian manufacturing industry," International Review of Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 25(6), pages 633-652, November.
  3. Bhanumurthy, N.R. & Sharma, Chandan, 2013. "Does Weak Rupee Matter for India's Manufacturing Exports?," Working Papers, National Institute of Public Finance and Policy 13/115, National Institute of Public Finance and Policy.

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