The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India

@article{Aghion2005TheUE,
  title={The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India},
  author={P. Aghion and R. Burgess and S. Redding and Fabrizio Zilibotti},
  journal={Political Methods: Quantitative Methods eJournal},
  year={2005}
}
We study the effects of the progressive elimination of the system of industrial regulations on entry and production, known as the "license raj," on registered manufacturing output, employment, entry and investment across Indian states with different labor market regulations. The effects are found to be unequal depending on the institutional environment in which industries are embedded. In particular, following delicensing, industries located in states with pro-employer labor market institutions… Expand
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The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India
We study whether the effects on registered manufacturing output of dismantling the License Raj - a system of central controls regulating entry and production activity in this sector - vary acrossExpand
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