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Examines the trade-induced structural changes in Indian manufacturing industries since 1991
Determines the environmental externalities (in terms of pollution loads) of each manufacturing industry and their correlation with the manufacturing output, changing composition and technology
Explores the interrelationship between trade liberalization, trade orientation and comparative advantage
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Table of contents (8 chapters)
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Front Matter
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Back Matter
About this book
The book examines the trade liberalization measures, which were initiated in India during 1991 and which focused on manufacturing industries. This industry was considered because of its strong inter-sectoral links and its capacity to stimulate the growth of other sectors. The resulting liberal trade policies, involving a reduction in trade barriers and inflows of FDI, capital and technologies, were adopted to increase the manufacturing output. However, these measures were most beneficial to those industries whose products have greater demand in developed countries. Against this backdrop, the book breaks down the overall effect of trade-induced manufacturing growth into scale, composition and technique effects to discuss the impact on environmental externality. In addition to manufacturing activity, it also investigates the effect of other factors that improve with economic growth and examines the extent to which India’s trade-led economic growth allows production activities to move to cleaner technologies and whether India has achieved its economic growth by specializing in pollution-intensive (low technology) industries. The book also estimates the impact of these environmental externalities on society’s wellbeing.
Authors and Affiliations
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Sardar Patel Institute of Economic and Social Research, Ahmedabad, India
Hansa Jain
About the author
Bibliographic Information
Book Title: Trade Liberalisation, Economic Growth and Environmental Externalities
Book Subtitle: An Analysis of Indian Manufacturing Industries
Authors: Hansa Jain
DOI: https://doi.org/10.1007/978-981-10-2887-8
Publisher: Palgrave Macmillan Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-981-10-2886-1Published: 02 January 2017
Softcover ISBN: 978-981-10-9731-7Published: 14 July 2018
eBook ISBN: 978-981-10-2887-8Published: 20 December 2016
Edition Number: 1
Number of Pages: XVI, 182
Number of Illustrations: 7 b/w illustrations, 6 illustrations in colour
Topics: Economic Growth, Trade, Environmental Economics, Economic Policy