The Impact of Trade Liberalization on Gender Wage Differentials in India's Manufacturing Sector

2006 ◽  
Author(s):  
Nidhiya Menon ◽  
Yana van der Meulen Rodgers
Keyword(s):  
Trade Liberalization ◽  
Wage Differentials ◽  
Manufacturing Sector ◽  
Gender Wage Differentials ◽  
The Impact

scholarly journals The Effect of Trade Liberalization on Firm Entry and Exit in Punjab, Pakistan

2014 ◽  
Vol 19 (1) ◽  
pp. 67-89
Author(s):  
Marjan Nasir
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
Trade Liberalization ◽  
Manufacturing Sector ◽  
Firm Entry ◽  
Entry And Exit ◽  
Export Industries ◽  
The Impact ◽  
Firm Entry And Exit ◽  
Exchange Rate Depreciation

This study focuses on the impact of trade liberalization on firm entry and exit in Punjab’s export manufacturing sector over the decade 2001–10. As far as the province’s export industries are concerned, real exchange rate depreciation attracts new firms but also leads weaker firms to exit. A reduction in local or international tariffs, however, has no significant impact on firm entry or exit.

scholarly journals Trade Liberalization and Manufacturing Sector Performance in Nigeria

2021 ◽  
Vol 04 (05) ◽  
Author(s):  
ENIEKEZIMENE, Ariayefa Francis and QUESTION ◽  
Keyword(s):  
Trade Liberalization ◽  
Structural Adjustment ◽  
Positive Impact ◽  
Manufacturing Sector ◽  
Multiple Regression Model ◽  
Import Penetration ◽  
Long Run ◽  
Sector Performance ◽  
Manufacturing Productivity ◽  
The Impact

This study examined the impact of trade liberalization on manufacturing sector performance in Nigeria from 1970 to 2018. A multiple regression model was developed to achieve the study’s objectives with real manufacturing growth rate (RMGR) as proxy for manufacturing sector performance. Import penetration, export penetration, dummy variable for structural adjustment programme alongside other control variables were used. Using the Autoregressive Distributed Lag (ARDL) bound testing for cointegration approach, it was found that all the variables for the model had long run relationship. Furthermore, the ARDL results revealed a mixed impact of trade liberalization on the performance of the manufacturing sector. Specifically, while trade liberalization exerted insignificant positive impact on RMGR in the short run, the impact was positive and statistically significant in the long run. Consequently, the study recommended policies that would encourage the importation of capital goods to enhance manufacturing productivity in Nigeria.

scholarly journals Trade Liberalization and Productivity Growth: Firm-Level Analysis from Kenya

2020 ◽  
Vol 12 (4) ◽  
pp. 439-460
Author(s):  
Stephen Esaku ◽  
Waldo Krugell
Keyword(s):  
Trade Liberalization ◽  
Productivity Growth ◽  
Manufacturing Sector ◽  
Policy Implications ◽  
Firm Level ◽  
High Productivity ◽  
Industrial Performance ◽  
Unit Reduction ◽  
Heterogeneous Effect ◽  
The Impact

We analyze the impact of trade liberalization on firm productivity growth in Kenya’s manufacturing sector, using a panel spanning 8 years; 1992-1999. Our analysis reveals that liberalizing trade generates high productivity improvements in the manufacturing sector. We find that a one-unit reduction in import duties as a percentage of total imports significantly increases firm-level productivity in the manufacturing sector by 5.7%. When we examine this effect on the firm’s share of exported output, we find that lowering of import duties significantly increases the share of output exported by 0.7%. Further, we sought to assess how the effect of import duties varied across the different industries in our sample. Examining the effect of import duties on industrial performance, we find a negative and statistically significant relationship in some of the industries. Our results show heterogeneous effect of reduction of import duties on industrial performance. Not all industries benefited from the lowering of import duties, especially the food and bakery, and garment industry, where productivity did not increase. These findings have important policy implications for improving the manufacturing sector. Consequently, formulating policies that effectively relax restrictive barriers to trade in the economy could speed up firm-level productivity in the manufacturing sector.

scholarly journals Trade Liberalization and Manufacturing Growth in Malaysia A Cointegration Analysis

2006 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Karunagaran Madhavan ◽  
Deviga Vengedasalam ◽  
Veera Pandiyan Vengedasalam
Keyword(s):  
Error Correction ◽  
Trade Liberalization ◽  
Manufacturing Sector ◽  
Cointegration Analysis ◽  
Correction Model ◽  
Long Run ◽  
Equilibrium Relationship ◽  
Short Run ◽  
Manufacturing Growth ◽  
The Impact

This study examines the impact of trade liberalization in the manufacturing sector in Malaysia. The theoretical framework for this study employs the Lucas model of 'human capital model of endogenous model'. This study also uses the cointergration test and error correction techniques to measure the impact of trade liberalization on Malaysian manufacturing sector during the period 1963-2003. The empirical results of cointergration test suggest that there exists a long run relationship between manufacturing output and its determinants of trade liberalization, labour, capital and education level. This study uses error correction model (ECM) to determine the short-run dynamics around the equilibrium relationship and suggest that labour and trade liberalization have emerged as significant determinants for the  manufacturing output in Malaysia.

Impact of Corporate Governance on the Cash Holding of the Firms: An Empirical Study of Indian Manufacturing Sector

GIS Business ◽  
2017 ◽  
Vol 12 (4) ◽  
pp. 47-52
Author(s):  
Karam Pal Narwal ◽  
Sonia Jindal
Keyword(s):  
Corporate Governance ◽  
Audit Committee ◽  
Manufacturing Sector ◽  
Control Variable ◽  
Cash Holding ◽  
Executive Directors ◽  
Control Effect ◽  
Board Size ◽  
Indian Manufacturing Sector ◽  
The Impact

The paper empirically examines the impact of corporate governance on the cash holding of the firms. The components of corporate governance are measured by board size, board meeting, audit committee members, directors remuneration and non executive directors and the cash holding is measured with the log of average cash and size is taken as control variable for the control effect on the dependent variables. Moreover, correlation and panel regression model were employed to examine the relationship between the corporate governance and cash holding. Empirical data was collected from 96 firms over the period of 2004-05 to 2013-14. The results show that directors remuneration and the number of audit committee members positively influence the cash holding and the board size also positively influences the cash holding whereas, the non executive directors and the board meetings do not play any role in enhancing the cash holding.

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