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Effect of Threats to Property Rights on Economic Performance of the Manufacturing Sector of Indian States

Author

Listed:
  • Atsushi Kato

    (School of Business, Aoyama Gakuin University, Japan)

  • Takahiro Sato

    (Research Institute for Economics & Business Administration (RIEB), Kobe University, Japan)

Abstract

We 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.

Suggested Citation

  • Atsushi Kato & Takahiro Sato, 2009. "Effect of Threats to Property Rights on Economic Performance of the Manufacturing Sector of Indian States," Discussion Paper Series 244, Research Institute for Economics & Business Administration, Kobe University.
    • Handle: RePEc:kob:dpaper:244
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    File URL: https://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/dp244.pdf
    File Function: First version, 2009
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    More about this item

    Keywords

    Property right; Contract; Gross value added; Capital labor ratio; TFP;
    All these keywords.

    JEL classification:

    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights
    • P17 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Performance and Prospects

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