01648cas a2200253 a 4500 AALejournalIMF007299 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455298730 1018-5941 BD-DhAAL BD-DhAAL Virmani, Arvind. J-Curve of Productivity and Growth : Indian Manufacturing Post-Liberalization / Arvind Virmani, Danish Hashim. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that 1990s reforms were deeper and wider than the 1980s reforms that raised the growth rate of the Indian economy by 2 per cent points. This paper tests the hypothesis of the J curve of Productivity and Growth following major liberalization and finds it to be broadly supported by the data: Technological obsolescence, gradual adoption of new technology and learning by doing result in negative effects on measured productivity. Mode of access: Internet Hashim, Danish. IMF Working Papers; Working Paper ; No. 2011/163 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/163/001.2011.issue-163-en.xml IMF e-Library