Effect of Threats to Property Rights on Economic Performance of the Manufacturing Sector of Indian States
AbstractWe examine the effect of threats to property rights on the economic performance of the manufacturing sector of Indian states. We construct indices of the threats from data on crime against property rights. Our estimation results show that not only threats to private property, but also threats to contracts adversely affect the performance of India's manufacturing sector.
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Bibliographic InfoPaper provided by Research Institute for Economics & Business Administration, Kobe University in its series Discussion Paper Series with number 244.
Length: 44 pages
Date of creation: Sep 2009
Date of revision:
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Property right; Contract; Gross value added; Capital labor ratio; TFP;
Find related papers by JEL classification:
- K00 - Law and Economics - - General - - - General (including Data Sources and Description)
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
- P14 - Economic Systems - - Capitalist Systems - - - Property Rights
- P17 - Economic Systems - - Capitalist Systems - - - Performance and Prospects
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-09-26 (All new papers)
- NEP-CWA-2009-09-26 (Central & Western Asia)
- NEP-DEV-2009-09-26 (Development)
- NEP-LAW-2009-09-26 (Law & Economics)
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