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Dibyendu Maiti
''Market Distortions and Productivity Growth with Reference to India''
( 2012, Vol. 32 No.3 )
The paper studies how market imperfections distort the usual productivity growth using Indian disaggregated level of industrial data for the period of 1998-2005. A modified approach, which has dealt with the imperfections and simultaneity problems of factor choice, accounts for a lower productivity growth than the usual estimate.
Keywords: Productivity Growth, Market Imperfections, Production Function, India
JEL: O4 - Economic Growth and Aggregate Productivity: General
Manuscript Received : Mar 06 2012 Manuscript Accepted : Aug 21 2012

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