Institutionalist versus distortionist views of labor market reforms: An investigation into the post-liberalized manufacturing sector in India

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dc.contributor.authorKumar Bhandari, Anup
dc.contributor.authorSudarsan, Arun
dc.date.accessioned2021-11-03T16:22:38Z
dc.date.available2021-11-03T16:22:38Z
dc.date.issued2016-12-01
dc.description.abstractLabor regulation and employment relation has been investigated in India in light of the seminal work ofBesley and Burgess (2004), considering formal sector manufacturing employment as the explained vari-able. Empirical findings support, although not very strongly, the institutionalist view, i.e., pro-workeramendment in labour laws induces employment. Among the other factors, real wage rate has significantnegative effect on employment, whereas that for real per capita developmental capital expenditure, percapita electricity generation capacity and real per capita net state domestic product is significant positive.However, effect of per capita real developmental revenue expenditure is inconclusive. In other words,although it improves employability of workers through their human capital improvement, which is prob-ably met up at the cost of worsening overall infrastructural development, through reducing correspondingcapital expenditure! Supporting evidence has also been provided favoring this conjecture.en_EN
dc.description.abstractLa normativa y la regulación laboral se han investigado en la India a raíz del trabajo original de Besleyy Burguess (2004), tomando como variable el empleo formal en el sector manufacturero. Los hallazgosempíricos respaldan, aunque no rotundamente, la visión institucionalista, es decir, que la enmienda afavor del trabajador en la legislación laboral fomenta el empleo. Entre otros factores, la tasa de salarioreal tiene un impacto significativamente negativo en el empleo, mientras que para la inversión de capitalde desarrollo per cápita, la capacidad de generación de electricidad per cápita y el producto interno essignificativamente positiva. No obstante, el efecto del costo de los ingresos del desarrollo real per cápitano es concluyente. En otras palabras, si bien esto favorezca la inserción laboral de los trabajadores con unamejora del capital humano, probablemente se consiga a costa de empeorar el desarrollo de infraestructuraal reducir la inversión en capital correspondiente. Se presenta evidencia que avala esta conjetura.es_ES
dc.identifierhttps://revistas.esan.edu.pe/index.php/jefas/article/view/139
dc.identifier.citationKumar Bhandari, A., & Sudarsan, A. (2016). Institutionalist versus distortionist views of labor market reforms: an investigation into the post-liberalized manufacturing sector in India. Journal of Economics, Finance and Administrative Science, 21(41), 63-72. https://doi.org/10.1016/j.jefas.2016.06.002
dc.identifier.doihttps://doi.org/10.1016/j.jefas.2016.06.002
dc.identifier.urihttps://hdl.handle.net/20.500.12640/2606
dc.language.isoeng
dc.publisherUniversidad ESAN. ESAN Ediciones
dc.publisher.countryPE
dc.relation.ispartofurn:issn:2218-0648
dc.relation.urihttps://revistas.esan.edu.pe/index.php/jefas/article/view/139/109
dc.rightsAttribution 4.0 International*
dc.rightsinfo:eu-repo/semantics/openAccesses_ES
dc.rights.urihttps://creativecommons.org/licenses/by/4.0
dc.subjectLabor regulationen_EN
dc.subjectFormal sectoren_EN
dc.subjectManufacturing employmenten_EN
dc.subjectLiberalizationen_EN
dc.subjectRegulación laborales_ES
dc.subjectSector formales_ES
dc.subjectEmpleo manufactureroes_ES
dc.subjectLiberalizaciónes_ES
dc.subject.ocdehttps://purl.org/pe-repo/ocde/ford#5.02.04
dc.titleInstitutionalist versus distortionist views of labor market reforms: An investigation into the post-liberalized manufacturing sector in Indiaen_EN
dc.typeinfo:eu-repo/semantics/article
dc.type.otherArtículo
dc.type.versioninfo:eu-repo/semantics/publishedVersion
oaire.citation.endPage72
oaire.citation.issue41
oaire.citation.startPage63
oaire.citation.titleJournal of Economics, Finance and Administrative Science
oaire.citation.volume21
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JEFAS Vol. 21 Nº 41 (2016)