英文标题:
《Labor Reforms in Rajasthan: A boon or a bane?》
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作者:
Diti Goswami and Sourabh Bikas Paul
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最新提交年份:
2020
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分类信息:
一级分类:Economics 经济学
二级分类:General Economics 一般经济学
分类描述:General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类:Quantitative Finance 数量金融学
二级分类:Economics 经济学
分类描述:q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学,包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要:
We examine the impact of labour law deregulations in the Indian state of Rajasthan on plant employment and productivity. In 2014, after a long time, Rajasthan was the first Indian state that introduced labour reforms in the Industrial Disputes Act (1947), the Factories Act (1948), the Contract Labour (Regulation and Abolition) Act (1970), and the Apprentices Act (1961). Exploiting this unique quasi-natural experiment, we apply a difference-in-difference framework using the Annual Survey of Industries panel data of manufacturing plants. Our results show that reforms had an unintended consequence of the decline in labour use. Also, worryingly, the flexibility resulted in the disproportionate decline in the directly employed worker. Evidence suggests that the reforms positively impacted the plants\' value-added and productivity. The strength of these effects varies depending on the underlying industry and reform structure. These findings prove robust to a set of specifications.
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