000			01361pab a2200169 454500
008			180718b1998 xxu||||| |||| 00| 0 eng d
100			_aSubrahmanian, K.K.
245			_aProductivity growth, technological change and Indian policy regime
260			_c1998
300			_ap.251-67
362			_aJul-Dec
520			_aThe focus of analysis in the paper is on the rationale of a policy regime in which the role of the State policy is redefined to correct market failures in tecnology transfer and to catalyse internal learning for improving domestic technological capability and economic growth. More specifically, the paper reviews trends in productivity growth in the Indian manufacturing sector under different polity regimes during the last 30 years and highlights some uneasy issues connected with technology transfer under a liberal and open-door policy regime. The paper concludes that technological change both under closed-and open-door policies could raise productivity and growth, but of qualitatively different types. Perhaps, a developing country like India should have a proper mix of market competition and State policy modes in relation to technological change and economic development. - Reproduced
650			_aEconomic growth - India
650			_aEconomic growth
773			_aJournal of Social and Economic Development
909			_a43629
999			_c43629 _d43629