ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Market economy

The Continuing Saga of Women’s Work during COVID-19

This paper employs a social reproduction framework to argue that the two main institutions of capitalism—the markets and the state—have failed to adequately provide for the working people of India during the pandemic while fostering gender inequities. While the demand for gender equity in the domestic sphere and the workplace is not new, the pandemic further underscores its urgency.

 

Market Reforms and Industrial Productivity

This paper brings out the factors that determine micro level firm level productivity in the context of a developing economy that had undertaken policy reforms towards a freer market. It econometrically tests a few hypotheses on the basis of firm level panel data for a set of Indian industries. One of the strong results of the paper is that firm level outward orientation of exports and imports contributes significantly and positively to firm level productivity. This finding supports one of the propositions of the new growth theory that developing economies benefit significantly from free trade with developed economies through free flow of new ideas and technologies and externalities.