2023-09-28 14:46:10 +00:00
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abstract: 'India''s disappointing performance in creating productive employment for
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women, in spite of its increased integration with the world markets,
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contrasts with the experience of several countries in Asia. A number of
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studies have analysed the supply and demand side factors responsible for
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this situation. However, no study has examined the gender differences in
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job flows - job creation, destruction and reallocation. Net employment
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changes may conceal large changes in gross job flows and the associated
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adjustment costs. Using plant level panel data from India''s formal
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manufacturing sector for the period 1998-2014, this paper estimates the
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magnitude of job flows and analyses the impact of industry-level changes
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in exchange rates on job flow dynamics of men and women across
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state-industries. Even as net employment grew sluggishly for women, we
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find that, the labour market was characterised by a simultaneous process
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of job destruction and creation. Our analysis provides evidence for an
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asymmetric impact of exchange rates on job flows, with depreciation
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(appreciation) resulting in higher (lower) gross job creation rates with
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no effect on job destruction rates. Exchange rate depreciation results
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in higher gross and net job creation rates for both men and women in
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states with flexible labour laws. In states with inflexible labour laws,
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however, depreciation causes an increase in gross job creation for women
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(but not for men) with no effect on net job creation. Exchange rate
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depreciation also causes women to face higher job reallocation than men,
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particularly in states with inflexible labour laws. Participation in
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global value chains and output tariff reductions are found to exacerbate
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the effects of exchange rate changes on women''s job flows. Firms
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operating under rigid labour market conditions tend to employ female
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workers as a `buffer'' to adjust the workforce in response to short term
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fluctuations in export competitiveness. (C) 2021 Elsevier Ltd. All
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rights reserved.'
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affiliation: 'Veeramani, C (Corresponding Author), Indira Gandhi Inst Dev Res, Gen
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AK Vaidya Marg, Mumbai 400065, Maharashtra, India.
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Veeramani, Choorikkad, Indira Gandhi Inst Dev Res, Gen AK Vaidya Marg, Mumbai 400065,
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Maharashtra, India.
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Reserve Bank India, RBI Cent Off, Shaheed Bhagat Singh Marg, Mumbai 400001, Maharashtra,
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India.'
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article-number: '105802'
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author: Veeramani, Choorikkad and Banerjee, Purna
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author-email: 'veeramani@igidr.ac.in
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purnabanerjee@rbi.org.in'
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author_list:
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- family: Veeramani
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given: Choorikkad
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- family: Banerjee
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given: Purna
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da: '2023-09-28'
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doi: 10.1016/j.worlddev.2021.105802
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earlyaccessdate: JAN 2022
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eissn: 1873-5991
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files: []
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issn: 0305-750X
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journal: WORLD DEVELOPMENT
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keywords: Job flows; Exchange rate; Competitiveness; Women; India
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keywords-plus: 'FORCE PARTICIPATION; FEMALE LABOR; EMPLOYMENT RESPONSES; WAGE
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INEQUALITY; WOMENS WORK; TRADE; LIBERALIZATION; INSTITUTIONS;
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REGULATIONS; DESTRUCTION'
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language: English
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month: APR
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number-of-cited-references: '93'
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papis_id: 88d84f4b0f15f509d8b9c36668fd2474
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ref: Veeramani2022exchangerate
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times-cited: '0'
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title: 'Exchange rate fluctuations, labour laws, and gender differences in job flows:
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Analysis of manufacturing industries across Indian states'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000820602100024
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usage-count-last-180-days: '1'
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usage-count-since-2013: '8'
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volume: '152'
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web-of-science-categories: Development Studies; Economics
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year: '2022'
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