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Delicensing, informal sector and pro-poor growth in India

Maiti, Dibyendu S. (2012) Delicensing, informal sector and pro-poor growth in India. In: Indian Economic Development - Comtemporary Issues. Regal Publications, New delhi, pp. 173-185. ISBN 978-8184841671

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    Abstract

    While Aghion et al. (2006) observed the unequal effect of delicensing in the formal sector in presence of differential labour institutions, the present study attempts to investigate the impact on the expansion of informal sector and whether such effect leads to the pro-poor growth in Indian or not. Theoretically, we argue that the dismantling of the licensing raises income of the informal sector and reduces the formal-informal wage gap. Empirically, a high correlation between delicensing and income of informal sector and also between per capita informal income and poverty reduction of wage gap has been significant in the post reform period. So, the delicensing has been turned out to be a pro-poor policy measure in India.

    Item Type: Book Chapter
    Subjects: H Social Sciences > HB Economic Theory
    Divisions: Faculty of Business and Economics (FBE) > School of Economics
    Depositing User: Unnamed user with email dibyendu.maiti@usp.ac.fj
    Date Deposited: 02 Apr 2013 13:00
    Last Modified: 09 Jun 2016 11:50
    URI: http://repository.usp.ac.fj/id/eprint/5627
    UNSPECIFIED

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