Manufacturing Productivity under varying trade regimes: India in the 1980s and 1990s

This paper forms a part of a larger study on Productivity Growth and Trade Regimes: A Study of Indian Manufacturing Industries in the 1980s and 1990s, being undertaken at ICRIER. Following changes in India’s trade policy stance in the 1980s and 1990s, the linkage between trade liberalization and productivity growth as an indicator of industrial performance has assumed importance. To this end the study seeks to explore the nature and magnitude of total factor productivity (TFP) change under different trade regimes.