SEZ proliferation in India: are the objectives being realized?
This paper analyzes if the industrial policy framework of the Indian Government with regard to the proliferation of SEZs has satisfied its aims and objectives. The analysis however, shows otherwise. The empirical results show that the policy of the Indian Government has been lopsided, wherein the concentration of SEZs has increased in States which face lower levels of unemployment and a comparably high level of FDI inflow. Further, the concentration of the SEZs has been restricted majorly to the IT industry resulting in rigidity in the export mix. Policy implications hint towards a diversification of the SEZ industry portfolio and in increasing the size and therefore, the economic impact of these zones.
|Date of creation:||29 Nov 2011|
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- Aradhna Aggarwal, 2008.
"Regional Economic Integration and FDI in South Asia - Prospects and Problems,"
Macroeconomics Working Papers
22141, East Asian Bureau of Economic Research.
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- Mukhopadhyay, Partha & Pradhan, Kanhu Charan, 2009. "Location of SEZs and Policy Benefits What Does the Data Say?," MPRA Paper 24333, University Library of Munich, Germany.
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- Xie Wei, 2000. "Acquisition Of Technological Capability Through Special Economic Zones (Sezs): The Case Of Shenzhen Sez," Industry and Innovation, Taylor & Francis Journals, vol. 7(2), pages 199-221.
- Aggarwal, Aradhna, 2010. "Economic impacts of SEZs: Theoretical approaches and analysis of newly notified SEZs in India," MPRA Paper 20902, University Library of Munich, Germany. Full references (including those not matched with items on IDEAS)
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