{"title":"Industrial policy in India since independence.","authors":"Aditya Bhattacharjea","doi":"10.1007/s41775-022-00154-9","DOIUrl":"https://doi.org/10.1007/s41775-022-00154-9","url":null,"abstract":"<p><p>This paper provides a comprehensive analytical account of the major industrial policies in India since independence. It identifies three phases: 1948-1980, a period characterised by increasing state intervention; 1980-1991: a transitional period of gradual reforms; and 1991-2020: a period of extensive market-oriented reforms. Within each period, it reviews the major policy changes, and discusses possible reasons for their adoption. It also provides a brief account of industrial performance during each phase, and a more detailed review of how those policies have been evaluated by scholars from different perspectives. The discussion is supplemented by simple explanations for some economic theories and empirical methods that have been used in the literature. The review concludes with an eclectic perspective on the record of industrial policy, and some suggestions for the future.</p>","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"57 2","pages":"565-598"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9940074/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10831262","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Reverse migration and exports at extensive margin: case of a small dependent economy.","authors":"Shrimoyee Ganguly","doi":"10.1007/s41775-022-00147-8","DOIUrl":"https://doi.org/10.1007/s41775-022-00147-8","url":null,"abstract":"<p><p>We analyse the implications of reverse migration on export quality upgrading by the origin country. Other than a favourable endowment shock by raising the native country's labour supply, reverse migration cause loss of remittances from unskilled emigrants and capital investments made by skilled emigrants. Resulting loss of national income and correspondingly domestic demand affect local factor prices and consequently the competitiveness of exports, when the economy produces non-traded goods. In a competitive general equilibrium model of a small open economy, we establish that reverse migration of unskilled workers will cause upgrading of quality of the skill-based export good only if higher qualities require more capital relative to skilled labour. Reverse migration of skilled workers has just the opposite effect. Lower contribution to capital investment thereby lower capital stock and lower repatriation of returns to such investment further magnify such effects. Finally, the results are robust to a more generalised demand structure.</p>","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"57 2","pages":"321-348"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9813903/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10819221","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Intergenerational occupational mobility in India across social groups","authors":"Tamalika Lodh, Poulomi Roy, Malabika Roy","doi":"10.1007/s41775-021-00123-8","DOIUrl":"https://doi.org/10.1007/s41775-021-00123-8","url":null,"abstract":"","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"56 1","pages":"405 - 433"},"PeriodicalIF":0.0,"publicationDate":"2021-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48554736","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Revisiting the relationship between farm mechanization and labour requirement in India","authors":"Pallavi Rajkhowa, Z. Kubik","doi":"10.1007/s41775-021-00120-x","DOIUrl":"https://doi.org/10.1007/s41775-021-00120-x","url":null,"abstract":"","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"56 1","pages":"487 - 513"},"PeriodicalIF":0.0,"publicationDate":"2021-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47504570","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Debdatta Saha: 'Economics of the Food Processing Industry: Lessons from Bihar, India' in the series \"Themes in Economics: Theory, Empirics, and Policy\"","authors":"G. Naik","doi":"10.1007/s41775-021-00115-8","DOIUrl":"https://doi.org/10.1007/s41775-021-00115-8","url":null,"abstract":"","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"56 1","pages":"281 - 284"},"PeriodicalIF":0.0,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s41775-021-00115-8","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"53239293","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}