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Deregulation and Firm Investment: Evidence from the Dismantling of the License System in India

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dc.contributor.authorKandilov, Ivan T.
dc.contributor.authorLeblebicioglu, Asli
dc.contributor.authorManghnani, Ruchita
dc.date.accessioned2016-12-06T21:28:58Z
dc.date.available2016-12-06T21:28:58Z
dc.date.issued2016-11
dc.description.abstractThis paper analyzes analyze the impact of deregulatory reforms in India during the 1990s, which eliminated compulsory industrial licensing, on manufacturing firms' investment decisions. The paper finds an economically and statistically significant positive effect of delicensing on investment. It also shows that firms in states with better credit conditions benefitted more from the removal of licenses. Moreover, the analysis demonstrates that the increase in investment was predominantly driven by smaller firms.en
dc.identifierhttp://documents.worldbank.org/curated/en/293381478636583148/Deregulation-and-firm-investment-evidence-from-the-dismantling-of-the-license-system-in-India
dc.identifier.doi10.1596/1813-9450-7884
dc.identifier.urihttps://hdl.handle.net/10986/25686
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7884
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectderegulation
dc.subjectinvestment
dc.subjectlicensing
dc.subjectcredit conditions
dc.subjectaccess to finance
dc.titleDeregulation and Firm Investmenten
dc.title.subtitleEvidence from the Dismantling of the License System in Indiaen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.associatedcontenthttps://openknowledge.worldbank.org/handle/10986/27237 Accepted journal manuscript
okr.crossref.titleDeregulation and Firm Investment: Evidence from the Dismantling of the License System in India
okr.date.disclosure2016-11-08
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/293381478636583148/Deregulation-and-firm-investment-evidence-from-the-dismantling-of-the-license-system-in-India
okr.guid293381478636583148
okr.identifier.doi10.1596/1813-9450-7884
okr.identifier.externaldocumentum090224b0846d1895_2_0
okr.identifier.internaldocumentum26921645
okr.identifier.reportWPS7884
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/293381478636583148/pdf/WPS7884.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.statistics.combined1118
okr.statistics.dr293381478636583148
okr.statistics.drstats793
okr.topicPrivate Sector Development::Legal Regulation and Business Environment
okr.topicPrivate Sector Development::Private Sector Economics
okr.topicPrivate Sector Development::Small and Medium Size Enterprises
okr.topicPublic Sector Development::Public Sector Regulation
okr.unitTrade and Competitiveness Global Practice Group
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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