CEU eTD Collection (2019); Urban, Benedikt: The Impact of India's Ease of Doing Business Program on the Manufacturing Sector

CEU Electronic Theses and Dissertations, 2019
Author Urban, Benedikt
Title The Impact of India's Ease of Doing Business Program on the Manufacturing Sector
Summary In September 2014, Prime Minister Narendra Modi announced his plans to make India a manufacturing hub of the world by cultivating a business-friendly environment. To accomplish this goal, the government developed a program that proposed custom-tailored reforms to states and awarded them with a yearly score that reflected their implementation efforts. Using data from 33 states and union territories in the time period from 2015 till 2017, this study performed panel data regressions to test the impact of the program on the manufacturing sector. The results indicated that an increase in a state’s implementation score triggered an increase in their manufacturing sector’s GDP. The composite nature of the score limited this study from identifying precisely which reforms affected manufacturing. In the attempt to overcome this limitation, the study explored the reforms attributed to the extraordinary increase of India’s place in the World Bank EODB index in the same 2015-2017 time period as way of discerning specific reforms that conceivably affected the manufacturing sector.
Supervisor Professor Yusaf Akbar
Department Economics MA
Full texthttps://www.etd.ceu.edu/2019/urban_benedikt.pdf

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