Dispute Incidence in Manufacturing and Co-movements in Economic Activity: Evidence from India
The present paper examines the cyclicality of disputes in India. Using data on manufacturing sector at the 2-digit level for the period 1964-1997, the paper finds disputes to be pro-cyclical. The pro-cyclical effect was found to be numerically large in certain cases, even after controlling for regime changes and composition of disputes over the sample period. The pro-cyclicality of dispute was also found to be robust to alternative specifications of the economic activity variable.
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Volume (Year): 39 (2004)
Issue (Month): 2 (July)
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