Effects of Land Misallocation on Capital Allocations in India

Growing research and policy interest focuses on the misallocation of output and factors of production in developing economies. This paper considers the possible misallocation of financial loans. Using plant-level data on the organized and unorganiz...

Full description

Bibliographic Details
Main Authors:	Duranton, Gilles, Ghani, Ejaz, Goswami, Arti Grover, Kerr, William R.
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	PROFITABILITY CREDIT BUREAUS JOB CREATION ENTREPRENEURS TAXES GOVERNMENTS FINANCIAL ACCESS LOAN AMOUNT CREDITWORTHINESS EQUITY INTERNATIONAL BANK FORMAL FINANCE FINANCIAL DEPTH BANK ECONOMETRICS ACCESS TO EXTERNAL FINANCE BIASES MARGINAL REVENUE FINANCIAL INTEGRATION PROPERTY SMALL BUSINESSES PAYMENT RURAL BANK CREDIT REGISTRIES RISK PERCEPTION LENDING BANKS DIRECTED CREDIT MICRO-ENTERPRISES INVESTMENT COLLATERAL SUPPORT ISSUE OF ACCESS LABOR INEQUALITY EXTERNAL FINANCING FORMAL CREDIT NEW ENTRANTS CREDIT POLICY FINANCIAL SECTOR LIBERALIZATION CORRUPTION EMPLOYMENT GROWTH WOMEN PERSONAL ASSETS INTEREST RATE GENDER HOUSING OUTSTANDING LOANS ECONOMIC GROWTH ENTERPRISE CREDIT MARKETS PAYMENTS EXCLUSION GUARANTEE INDUSTRY LOAN DEMAND BANK BRANCHES BANK CREDIT CO-OPERATIVE BANKS FINANCIAL DEEPENING RESOURCE ALLOCATION ACCESS TO LOANS BANK LOANS FINANCING LABOR MARKETS CREDIT MARKET FINANCIAL MARKETS FINANCIAL SECTOR DEVELOPMENT MICRO ENTERPRISES FIXED ASSETS SIZES OF LOAN HUMAN CAPITAL BANKING SERVICES LOAN ACCESS STRATEGIES BORROWERS REAL ESTATE BORROWER ENTREPRENEURSHIP WATER SUPPLY HOUSEHOLDS SERVICES UNION ENTREPRENEUR MONETARY POLICY MICRO-FINANCE INSTITUTIONS COST OF CAPITAL EXTERNAL FINANCE DISPARITIES IN ACCESS FINANCIAL DEVELOPMENT BUSINESS PLANS HOUSEHOLD COLLATERAL FINANCIAL INSTITUTIONS MICROFINANCE CAPITAL INFORMATION SHARING ECONOMIC ACTIVITY GREATER ACCESS RESERVE BANK OF INDIA MARKET VALUE ASYMMETRIC INFORMATION ECONOMIC DEVELOPMENT ACCOUNTING EMPLOYEE ENTERPRISES LAND MARKETS FINANCIAL STRENGTH MICRO-ENTREPRENEURS REVENUE RURAL BANKS ACCESS TO FORMAL CREDIT TRADE CREDITS DEBT COLLECTORS ENTERPRISE DEVELOPMENT CREDIT ACCESS TO CREDIT START-UP FORM OF COLLATERAL LENDERS LAND ISSUES PRIVATE ENTERPRISES GOVERNMENT POLICY LOANS OUTREACH ACCESS TO FORMAL FINANCE BUSINESS OWNERS BANK LOAN COMMERCIAL BANKS INTANGIBLE ASSETS REPOSSESSION SMALL BUSINESS OWNERS MACROECONOMICS MARKETS PRIVATE ENTERPRISE CREDIT INFORMATION RURAL BANK BRANCHES EMPLOYEES DEBT FORMS OF CREDIT GENDER INEQUALITY LOAN BANK FINANCING OVERDRAFT HIGH INTEREST RATE INVENTORY FINANCIAL SERVICES BANKING WORKING CAPITAL LABOR MARKET PRINCIPAL LENDER SECURITY FINANCIAL SUPPORT INTEREST PAYMENTS PRODUCTIVITY CREDITS INTEREST TANGIBLE ASSETS LAND TRADE CREDIT SMALL BUSINESS VALUE ACCESS TO BANKING INTEREST EXPENSE MICRO-FINANCE OUTSTANDING LOAN CREDIT-WORTHINESS LACK OF COLLATERAL VILLAGES CREDIT RISK ACCESS TO FINANCIAL SERVICES LOAN AMOUNTS CREDIT SUPPORT EMPLOYMENT TRANSPORT URBAN AREAS ACCESS TO FINANCE ECONOMICS MICRO-CREDIT MONEY LENDERS INTEREST PAYMENT INFRASTRUCTURE NET VALUE ECONOMIC POLICY BORROWING RISK COLLATERAL REQUIREMENTS FAMILY FINANCE PRICING
Online Access:	http://documents.worldbank.org/curated/en/2015/10/25171685/effects-land-misallocation-capital-allocations-india http://hdl.handle.net/10986/22866