Date of Graduation
Master of Science in International and Development Economics (MSIDEC)
College of Arts and Sciences
India grows rapidly in recent years, not to mention its high-technology industry. What are secrets behind this fast-growing situation? This paper intends to find the answer using a firm-level panel data in India and examine the loan-productivity relationship via both contemporaneous and lagged models. I find positive and statistically significant results that loans play an important role in firms’ performances.
Wu, TIngyi, "Financing and Productivity: Evidence from Indian Manufacturing Industry" (2017). Master's Theses. 236.