Allan Collard-Wexler is Assistant Professor in the Department of Economics at Duke University. He holds a Ph.D. in Economics from Northwestern University, Illinois, USA. His research interests are industrial organisation, applied econometrics and dynamic games.
How do electricity shortages affect industry in India?
25 Nov 2016
Poor electricity supply is widely recognised as a key impediment to firm growth and productivity. This column finds that average reported level of electricity shortages in India reduces annual plant revenues and producer surplus of the average manufacturing plant by 5-10%. While productivity losses are smaller, shortages distort plant size distribution due to significant economies of scale in generator costs.
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