Adjustment of pricing: Evidence from Indian manufacturing

Mita Bhattacharya*, Michael Olive

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review


This paper analyses the pricing behaviour in the Indian manufacturing sector, considering both domestic and external variables. Price adjustment models are developed based on industrial organisation literature and are examined with 28 manufacturing industries at the 3-digit level over the period from 1963 to 2001. Domestic structural factors are found to be important in determining the speed of price adjustment.

Original languageEnglish
Pages (from-to)59-64
Number of pages6
JournalEconomic and Political Weekly
Issue number21
Publication statusPublished - 23 May 2009


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