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Effect of Threats to Property Rights on Economic Performance of the Manufacturing Sector of Indian States

Atsushi Kato and Takahiro Sato
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Atsushi Kato: School of Business, Aoyama Gakuin University, Japan

No 244, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

Abstract: We examine the effect of threats to property rights on the economic performance of the manufacturing sector of Indian states. We construct indices of the threats from data on crime against property rights. Our estimation results show that not only threats to private property, but also threats to contracts adversely affect the performance of India's manufacturing sector.

Keywords: Property right; Contract; Gross value added; Capital labor ratio; TFP (search for similar items in EconPapers)
JEL-codes: K00 O43 P14 P17 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2009-09
New Economics Papers: this item is included in nep-cwa, nep-dev and nep-law
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Persistent link: https://EconPapers.repec.org/RePEc:kob:dpaper:244

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