When India started opening its markets to international trade in the 1990s, what impact did it have on manufacturing and labor’s share of income? The answer lies in an analysis of plant-level data, which requires classifying industries as labor, human capital resource, or technology intensive. But first, what pushed India to open its doors?

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https://www.adb.org/publications/adjustment-trade-opening-labor-share-india-manufacturing-industry

About the authors

Prachi Gupta was a research associate at the Asian Development Bank Institute at the time the work was published.

Matthias Helble a senior economist and co-head of research at ADBI.

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