Foreign Direct Investment in India's Retail Bazaar: Opportunities and Challenges

World Economy

Volumn 35, Issue 1, 2012, Pages 79-90

  Chari, Anusha ^a,b   Madhav Raghavan, T C A ^c  

^a UNIVERSITY OF NORTH CAROLINA   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c INDIAN STATISTICAL INSTITUTE   (India)

Author keywords

[No Author keywords available]

Indexed keywords

COMPETITION (ECONOMICS); EFFICIENCY MEASUREMENT; FOREIGN DIRECT INVESTMENT; INFLATION; LIBERALIZATION; PRICE DYNAMICS; RETAILING;

INDIA;

EID: 84856005081     PISSN: 03785920     EISSN: 14679701     Source Type: Journal    
DOI: 10.1111/j.1467-9701.2011.01386.x     Document Type: Article

References (16)

1. Basker, E. (2005a), 'Job Creation or Destruction? Labor Market Effects of Wal-Mart Expansion', Review of Economic Statistics, 87, 1, 174-83.
2. Basker, E. (2005b), 'Selling a Cheaper Mousetrap: Wal-Mart's Effect on Retail Prices', Journal of Urban Economics, 58, 2, 203-29.
3. Basker, E. (2007), 'The Causes and Consequences of Wal-Mart's Growth', Journal of Economic Perspectives, 21, 3, 177-98.
4. Department of Industrial Policy and Promotion (2010), 'Foreign Direct Investment (FDI) in Multi-Brand Retail Trading', Discussion Paper. Available at: (accessed 6 July 2010).
5. Dube, A., T. W. T. Lester and B. Eidlin (2007), 'Firm Entry and Wages: Impact of Wal-Mart Growth on Earnings Throughout the Retail Sector', Available at: (accessed 7 August 2007).
6. Guruswamy, M., K. Sharma, J. P. Mohanty and T. J. Korah (2005), 'FDI in India's Retail Sector: More Bad than Good?', Economic and Political Weekly, 40, 7, 619-23.
7. Hausman, J. A. and E. Leibtag (2004), 'CPI Bias from Supercenters: Does the BLS Know that Wal-Mart Exists?', NBER Working Paper No. 10712 (Cambridge, MA: National Bureau of Economic Research).
8. Hausman, J. A. and E. Leibtag (2007), 'Consumer Benefits from Increased Competition in Shopping Outlets: Measuring the effect of Wal-Mart', Journal of Applied Econometrics, 22, 7, 1157-77.
9. Head, K., R. Jing and D. L. Swenson (2010), 'From Beijing to Bentonville: Do Multinational Retailers Link Markets?', NBER Working Paper No. 16288 (Cambridge, MA: National Bureau of Economic Research).
10. India Daily (2005), 'Wal-Mart Assault', India Daily, 24 July. Available at
11. Jia, P. (2008), 'What Happens When Wal-Mart Comes to Town: An Empirical Analysis of the Discount Retailing Industry', Econometrica, 76, 6, 1263-316.
12. Kalhan, A. (2007), 'Impact of Malls on Small Shops and Hawkers', Economic and Political Weekly, 42, 22, 2063-66.
13. Kalhan, A. and M. Franz (2009), 'Regulation of Retail: Comparative Experience', Economic and Political Weekly, 44, 32, 56-64.
14. Neumark, D., J. Zhang and S. Ciccarella (2008), 'The Effects of Wal-Mart on Local Labor Markets', Journal of Urban Economics, 63, 2, 405-30.
15. Sarma, E. A. S. (2005), 'Need for Caution in Retail FDI', Economic and Political Weekly, 40, 46, 4795-98.
16. Volpe, R. J. and N. Lavoie (2008), 'The Effect of Wal-Mart Supercenters on Grocery Prices in New England', Applied Economic Perspectives and Policies, 30, 1, 4-26.