TRADE LIBERALIZATION AND FIRM PRODUCTIVITY: THE CASE OF INDIA

• 成果类型: Article
• 署名作者: Topalova, Petia; Khandelwal, Amit
• 署名单位: Columbia University; National Bureau of Economic Research
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00095
• 发表日期: 2011-08
• 页码: 995-1009
• 关键词: intermediate inputs; level productivity; PROTECTION; INEQUALITY; EFFICIENCY; GROWTH; scale

摘要

This paper exploits India's rapid, comprehensive, and externally imposed trade reform to establish a causal link between changes in tariffs and firm productivity. Pro-competitive forces, resulting from lower tariffs on final goods, as well as access to better inputs, due to lower input tariffs, both appear to have increased firm-level productivity, with input tariffs having a larger impact. The effect was strongest in import-competing industries and industries not subject to excessive domestic regulation. While we find no evidence of a differential impact according to state-level characteristics, we observe complementarities between trade liberalization and additional industrial policy reforms.