Books of Account
‘India Policy Forum 2010-11: Volume 7'
Suman Bery, Barry Bosworth, and Arvind Panagariya
Business dynamism vs entrenchment advantage
Corporate profits generally make for happy tidings for investors, but a worrying question put forth by a paper in ‘India Policy Forum 2010-11: Volume 7' from the National Council of Applied Economic Research and Brookings Institution is whether the profits are from business dynamism or advantages of entrenchment.