Input Shortages in Mixed Economies : An Application to Indian Manufacturing Industries /

Widespread shortages in key inputs are common in mixed economies of developing countries. These shortages appear to occur at the same time that relatively high rates of capacity underutilization in manufacturing industries are observed. This paper develops a simple model which explains the existence...

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Manylion Llyfryddiaeth
Prif Awdur: Sahay, Ratna
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1991.
Cyfres:IMF Working Papers; Working Paper ; No. 1991/056
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:Widespread shortages in key inputs are common in mixed economies of developing countries. These shortages appear to occur at the same time that relatively high rates of capacity underutilization in manufacturing industries are observed. This paper develops a simple model which explains the existence of excess capacity when there are quantitative restrictions on key inputs. This model is tested using data for manufacturing industries in India, and the results indicate that shortages in domestic rather than imported inputs imposed binding constraints on capacity utilization rates.
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Disgrifiad Corfforoll:1 online resource (30 pages)
Fformat:Mode of access: Internet
ISSN:1018-5941
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students