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Model Nagar Raj Bill: Taking Democracy to the Grassroots

Participation of citizen in local governance is a key component for good governance. It extends the citizens’ role beyond that of a voter . It ensures a more equal distribution of power and resources...

by Kedar Diwan | On 21 Feb 2021

Know Your Publishing Space: Open Access Publishing

Publishing research in open access journals has been widely discussed over the last decade. Both free access and open access give the reader seamless access to research papers/articles. So, what’s the...

by Shubhada Nagarkar | On 05 Feb 2021

Inequality in a Global Perspective

The basic story of global inequality in the last three decades has been an overall decline, but one which is composed of quite intricate patterns. There has been a decline in between country inequalit...

by Ravi Kanbur | On 08 Jun 2020

Further Estimations of the Likely Total Infections and Deaths Due to COVID19 in Select Countries (Version 2 dt. April 10, 2020)1

We had earlier estimated the likely cases and deaths over the course of the pandemic for a number of countries. This was an early attempt and gave somewhat tentative results. With some 7 more days of...

by Sebastian Morris | On 09 May 2020

News, Noise and Indian Business Cycle

New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models with various specifications of technology, markup and interest rate shocks are estimated with Indian data using Kalman filter based p...

by Ashima Goyal | On 25 Apr 2019

Exchange Rate Movements and Fundamentals: Impact of Oil Prices and the People’s Republic of China’s Growth

This paper identifies five factors that can capture 95% of the variance across 39 US dollar exchange rates based on the principal component method. A time-varying parameter factor-augmented vector aut...

by Hongyi Chen | On 01 Apr 2019

The Labor Share of Income Around the World: Evidence from a Panel Dataset

This study provides an evaluation of five different methodologies of estimation commonly used in the labor share literature and propose a new measurement. Theglobal dataset of the labor income share a...

by Marta Guerriero | On 20 Feb 2019

Innovation, Efficiency and Inclusion: Integration of Digital Technologies in the Indian Microfinance Sector

This paper explores how these mechanisms - innovation, inclusion and efficiency – have been integral to microfinance operations in the past, and how innovations in digital technology may be yet anothe...

by Saon Ray | On 04 Feb 2019

Changing Structure of Employment in Indian States

The study attempts a comparative assessment of the changing employment situation in major Indian states, measured in terms of worker-population ratios and the distribution of workers into status group...

by A.V. Jose | On 01 Feb 2019

Enlargement Decisions of Regional Trading Blocs with Asymmetric Members

This paper analyzes the conditions under which an existing bilateral free trade area (FTA) prefers to expand in size and when it prefers consolidation through customs union (CU) formation when the exi...

by Sunandan Ghosh | On 31 Jan 2019

The Basel Capital Requirement, Lending Interest Rate and Aggregate Economic Growth: An Empirical Study of Vietnam

This paper investigates the effects of the Basel II capital requirement implementation in Viet Nam on the bank lending rate and national output. The paper provides a theoretical framework as well as e...

by Nguyet Thi Minh Phi | On 28 Jan 2019

What do we Know about Changing Economic Activity of Firms?

Identification of primary economic activity of ¬firms is a prerequisite for compiling several macro aggregates. This paper takes a statistical approach to understand the extent of changes in primary e...

by Radhika Pandey | On 23 Jan 2019

Productivity and Trade Growth in Services: How Services Helped Power Factory Asia

This paper uses a theory-based measure of productivity-based comparative advantage to examine the trade performance of developing Asian economies in manufacturing and services over the 1995–2011 perio...

by Ben Shepherd | On 20 Jan 2019

Exporting and Firm Performance: Evidence from India

In this paper the positive correlation between firm productivity and export status is well established. This correlation can arise from multiple alternative casual models. It has investigated these re...

by Apoorva Gupta | On 12 Jan 2019

UDAY Power Debt in Retrospect and Prospects: Analyzing the Efficiency Parameters

The Government of India launched the Ujwal DISCOM Assurance Yojana (UDAY), in November 2015, with an objective of “Power for All”. Under the UDAY scheme, selected States agreed to convert 75 per cent...

by Amandeep Kaur | On 11 Jan 2019

Industrialization of Developing Countries in a Multicountry, Multisector Capital Accumulation Model

This paper shows that industrialization of developing countries, defined as start of production of investment goods, happens when their share in global production exceeds the global demand for consump...

by Tadateru Hayashi | On 02 Jan 2019

Services Policies and Manufacturing Exports

This paper uses a structural gravity model to show the effects of services policies on manufacturing exports. Whereas the previous literature has focused on indirect effects of policies—flowing throug...

by Ben Shepherd | On 28 Dec 2018

Role of Bank Lending in Financing Green Projects: A Dynamic Stochastic General Equilibrium Approach

This paper develops an environmental dynamic stochastic general equilibrium (E-DSGE) model with heterogeneous production sectors. In particular, the model comprises some low-carbon emission firms that...

by Maria Teresa Punzi | On 19 Oct 2018

Strong Regulation of Medical Products: Cornerstone of Public Health and Regional Health Security

National regulatory agencies (NRAs) are the gatekeepers of the supply chain of medical products such as pharmaceuticals and medical devices. It is through registration with an NRA that a manufacturer...

by Susann Roth | On 09 Oct 2018

Sectoral Labor Income Share Dynamics: Cross – Country Evidence from a Novel Dataset

This paper overcomes the constraint and provides some preliminary outcomes from a novel dataset that the authors compile at the sectoral level (10 sectors) for 53 countries, including 20 developing co...

by Yoko Oishi | On 01 Oct 2018

Effect of Supply Chain Integration on the Business Performance and Competitiveness of the Philippine Small and Medium Enterprises

This study aims to determine the effect of supply chain integration on the business performance and competitiveness of small and medium enterprises in the Philippines. A survey of 384 small and medium...

by Elaine Q. Borazon | On 20 Sep 2018

Bribes vs. Taxes: Market Structure and Incentives

Firms in developing countries often avoid paying taxes by making informal payments to tax officials. These bribes may raise the cost of operating a business, and the price charged to consumers. To dec...

by Francesco Amodio | On 17 Sep 2018

Vietnam’s Low National Competitiveness, Causes, Implications and Suggestions for Improvement

This study provides an in-depth analysis of main causes of Vietnam’s low competitiveness from the country’s perspective. These are structural problems due to its factor-based growth model, expansionar...

by LE Quoc Phuong | On 11 Sep 2018

Impure Impact Giving: Theory and Evidence

The paper presents a new model of charitable giving where individuals regard out-of-pocket donations and the matches they induce as different. The paper shows that match-price elasticities combine con...

by Daniel M. Hungerman | On 01 Sep 2018

The People’s Republic of China’s Long-Run Growth through the Lens of the Export-Led Growth Model

The People’s Republic of China’s (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of ex...

by Jesus Felipe | On 29 Aug 2018

Financing Solar Photovoltaic Transition: From Utility to Residential Market Adoption in Emerging Economies

This paper examines the advantages and disadvantages of different financial schemes for introducing PV facilities in terms of the suitability of funding vehicles and investment mechanisms. Given the p...

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

Short-term Migration in Rural India: The Impact of Nature and Extent of Participation in Agriculture

The paper analyses a nationally representative data set from India for the year 2013 in order to provide evidence on how short term migration is affected by household's ownership of land, and particip...

by S. Chandrasekhar | On 25 Jul 2018

Analyzing Decisiveness of Migration Intentions: Social Kinship that Matters

This paper therefore argues that using aggregate measures like migration incidence in an area wherein homogeneity is assumed and obtaining a significant and positive effect may erroneously amplify the...

by Aubrey D. Tabuga | On 28 Jun 2018

Federalism, Fiscal Asymmetries and Economic Convergence: Evidence from Indian States

This paper tests economic convergence across States in India by incorporating federal fiscal asymmetries and differentials in gross fixed capital formation at the state level. Using dynamic panel mode...

by Lekha Chakraborty | On 15 Jun 2018

Empirical Analysis of Factors Influencing Price of Solar Modules

The solar energy market has seen huge growth in recent years with a vast increase in solar cumulative capacity worldwide. One of the key drivers behind this growth is the decline in solar module price...

by Farhad Taghizadeh-Hesary | On 11 Jun 2018

Young Enterprises and Bank Credit Denials

By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, the paper tests whether young businesses are more likely to face credit reject...

by Danilo V. Mascia | On 06 Jun 2018

Innovation and Trade Policy in a Globalized World

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, the paper builds a dynamic...

by Ufuk Akcigit | On 02 May 2018

Forward Guidance

The paper assesses the power of forward guidance—promises about future interest rates—as a monetary tool in a liquidity trap using a quantitative incomplete-markets model. The results suggest the effe...

by Marcus Hagedorn | On 24 Apr 2018

Predictors of Age-Specific Childhood Mortality in India

Like many other developing nations, the age-specific mortality vary across regions and decline at different pace for India. Using a multinomial logit model, this study analyses the predictors for ne...

by G. Naline | On 16 Apr 2018

Climate Policy under Cooperation and Competition between Regions with Spatial Heat Transport

The paper builds a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in m...

by Yongyang Cai | On 04 Apr 2018

Human Capital and Income Equality

This study investigates empirically how human capital, measured by educational attainment, is related to income distribution. The regressions, using a panel data set covering a broad range of countr...

by | On 30 Mar 2018

Triggers and Barriers for ‘Exclusion’ To ‘Inclusion’ in the Financial Sector: A Country-Wise Scrutiny

There have been very few works focusing on the determinants and barriers of financial inclusion. The objective of this study is two folded. Firstly, to measure a efficient composite multi-dimensiona...

by | On 27 Mar 2018

Trade, Technology, and Prosperity An Account of Evidence from a Labor-market Perspective

This report assesses the state of economic research into those areas, with a particular focus on empirical methodologies and their adequacy for an assessment of general-equilibrium outcomes. While di...

by Marc-Andreas Muendler | On 20 Mar 2018

Would UDAY Brighten Up Rajasthan Finances?

Ujwal DISCOM Assurance Yojana (UDAY) required number of State governments to take over debt of power distribution companies in their books of accounts. Though this one time intervention made both debt...

by Pinaki Chakraborty | On 19 Mar 2018

Mergers and Acquisitions, Technological Efforts and Exports: A Study of Pharmaceutical Sector in India

This report attempts to examine the role of Mergers and Acquisitions (M&A) and technological efforts in determining the export competitiveness of firms belonging to Indian Pharmaceutical Industry. M...

by Vidhisha Vyas | On 13 Mar 2018

Incentives Can Reduce Bias in Online Reviews

Online reviews are a powerful means of propagating the reputations of products, services, and even employers. However, existing research suggests that online reviews often suffer from selection bias—p...

by Ioana Marinescu | On 07 Mar 2018

What do Self-Reports of Wellbeing Say about Life-Cycle Theory and Policy?

The paper examines a measure of self-reported evaluative wellbeing, the Cantril Ladder, and use data from Gallup to examine wellbeing over the life-cycle. It assesses the validity of the measure, and...

by Angus Deaton | On 07 Mar 2018

Sticky Expectations and Consumption Dynamics

Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic d...

by Christopher D. Carroll | On 05 Mar 2018

Trade with Correlation

The paper develops a trade model in which productivity—the result of a country’s ability to adopt global technologies—presents an arbitrary pattern of spatial correlation. The model generates the full...

by Nelson Lind | On 05 Mar 2018

Kerala's Education System: From Inclusion to Exclusion?

The paper examines the recent shifts in Kerala’s education system from an inclusive one to an exclusive one.

by N. Ajith Kumar | On 01 Mar 2018

An Alternative Argument of Green Solow Model in Developing Economy Context

The paper attempts to understand the significance of the Green Solow Model, in the context of a developing country such as India. It gives particular importance to the role of population density, in...

by | On 27 Feb 2018

Karnataka Electricity Demand Forecasting FY17-22

A study was conducted to forecast the electricity consumption and demand for Karnataka (as seen by the utilities) for 2017-2022.

by Arijit Chanda | On 13 Feb 2018

Broadband Adoption and Firm Performance: Evidence from Informal Sector Firms in India

Using unit level data for informal manufacturing sector, drawn from the Government of India’s National Sample Survey Organization, this paper addresses the impact of broadband adoption on firm perfo...

by | On 13 Feb 2018

The 2018 Budget Speech: Malaysia

Budget speech by Finance Minister of Malaysia.

by Minister of Finance Malaysia | On 09 Feb 2018

Impact of Aadhaar on Welfare Programmes

India’s ambitious biometric identity documents project, Aadhaar, was portrayed as one that would enhance India’s welfare efforts by promoting inclusion and reducing corruption. From being a voluntary...

by Reetika Khera | On 18 Jan 2018

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

Using data from more than 6,000 manufacturing firms in India for 1996–2008, we investigate the impact of financial constraints on the exporting behavior of Indian manufacturing firms while also focusi...

by Hiro Ito | On 21 Dec 2017

Persistent Effects of Teacher-Student Gender Matches

The paper exploits the data from middle schools in Seoul, South Korea, where students and teachers are randomly assigned to classrooms, and find that female students taught by a female versus a male t...

by Jaegeum Lim | On 19 Dec 2017

The Value of Pharmacogenomic Information

This paper studies of couple evidence from a real-world implementation of pharmacogenomic testing with a discrete event simulation model. It uses the framework to evaluate the cost-effectiveness of va...

by John A. Graves | On 18 Dec 2017

Immigrants’ Residential Choices and their Consequences

This paper investigates the causes and effects of the spatial distribution of immigrants across US cities. We document that: a) immigrants concentrate in large, high-wage, and expensive cities, b) the...

by | On 18 Dec 2017

Aging and Inequality : The Perspective of Labor Income Share

Despite a growing literature on population aging, empirical studies exploring mechanisms between aging and income inequality are scarce. This paper estimates the impact of aging on inequality via the...

by | On 18 Dec 2017

Cities and Entrepreneurs over Time: Like a Horse and Carriage?

This paper explores the co-evolution of entrepreneurship and cities. First, it provides a stylized model of development wherein the rise of cities (urbanisation) is the outcome of the activities of en...

by Wim Naudé | On 15 Dec 2017

Can Social Safety Nets Protect Public Health? The Effect of India's Workfare and Foodgrain Subsidy Programmes on Anaemia

This paper focuses on the consequences of a countrywide guaranteed workfare programme (MGNREGA) and subsidised food distribution scheme (PDS) in India for the prevalence of anaemia, examining whether...

by Sudha Narayanan | On 11 Dec 2017

How Does Socio-Economic Factors Force Children into Child Labour? A case study of Sahiwal district, Punjab, Pakistan

This study analyzes the socio-economic factors that force children into child labour. In order to find out the key factors of child labour, the techniques of univariate analysis and bivariate analysis...

by Syed Kazm | On 01 Dec 2017

Spillovers in Education Choice

This paper examines how skills are shaped by social interactions in families. The paper shows that older siblings causally affect younger sibling’s education choices and early career earnings. The pap...

by Juanna Schrøter Joensen | On 01 Dec 2017

The Determinants of Virtue: Modelling Changes in the CSR Ratings of Chinese Firms

Most empirical studies on Corporate Social Responsibility (CSR) use cross-sectional data or case studies, making causality hard to establish. The paper overcomes this limitation by using panel data on...

by Shuangqi Wu | On 23 Nov 2017

The Status of Financial Inclusion, Regulation, and Education in India

India’s financial inclusion agenda has witnessed a paradigm shift over the last decade, away from an emphasis on credit to a more comprehensive approach toward financial services (e.g., opening bank a...

by | On 16 Nov 2017

Inequality and Expectations in a Model of Technology Adoption and Growth

This paper highlights the role of initial wealth inequality in determining the technology adoption decision of firms, which in turn impacts upon the overall productivity in an economy. Wealth inequali...

by Surbhi Badhwar | On 08 Nov 2017

Daily Stock Market Movements: From the Lens of News and Events

This study analyzes the effect of daily movements in KSE-100 Index due to different policies announced as well as incidents/events happened in the country.

by Shahid Raza | On 31 Oct 2017

Manual And Codebook Of The WageIndicator Labour Law Database - Version 1 - October 2017.

The report narrates that the COBRA is the web-based system for the WageIndicator Labour Law database.

by Kea Tijdens | On 23 Oct 2017

Understanding Judicial Delay at the Income Tax Appellate Tribunal in India

This paper creates a de novo data-set using publicly available data on cases at the Indian Income Tax Appellate Tribunal (ITAT). The paper applies the statistical techniques of hazard models to addres...

by Pratik Datta | On 17 Oct 2017

Intensive and Extensive Margins of Exports: What Can India Learn from China ?

We decompose India’s export performance in manufactured products during 2000-2015 into changes at the intensive and extensive margins. India’s performance, along different margins, is compared and con...

by Veeramani C | On 06 Oct 2017

The Effects of Energy Price Changes: Heterogeneous Welfare Impacts, Energy Poverty, and CO2 Emissions in Indonesia

The empirical context of our study is Indonesia, a country with a long tradition of regulating consumer energy prices and a recent change in subsidy policies, facilitated by dramatically falling oil p...

by Sebastian Renner | On 29 Sep 2017

Financial Inclusion, Information and Communication Technology Diffusion and Economic Growth: A Panel Data Analysis

The present study has first examined whether ICT development can be an important determinant of Financial Inclusion by using a fixed effect panel data model. The results show that ICT is indeed an i...

by Amrita Chatterjee | On 25 Sep 2017

Augmenting Small Farmers Income Through Rural Non-Farm Sector: Role of Information and Institutions

The paper discusses the nature and extent of non-farm activities in India using India Human Development Survey unit record data. An exercise carried out to understand the determinants of income from n...

by Meenakshi Rajeev | On 11 Sep 2017

Understanding the principles underlying the Philippine competition law

The culture of competition cultivates flexibility and adaptability that enable the economy to cope better with a constantly changing environment.

by Erlinda M. Medalla | On 07 Sep 2017

Culture and Food Security

This paper reviews available cross-disciplinary evidence on how culture affects food security. We discuss the impact of culture on all four dimensions (availability, access and choice, utilization, a...

by Elena Briones Alonso | On 31 Aug 2017

Price Distortions in Indian Agriculture

The study is about estimating the extent to which domestic prices of major Indian agriculture commodities deviate from their corresponding free trade reference prices. The free trade reference prices...

by Shweta Saini | On 23 Aug 2017

Indian Food and Welfare Schemes: Scope for Digitization Towards Cash Transfers

The paper presents a case for a phased rolling out of direct benefits transfer (DBT) for Food in India. By studying all states and Union Territories on three broad parameters: demographics, performanc...

by Shweta Saini | On 21 Aug 2017

Demonetisation: Macroeconomic Implications for Indian Economy

The present paper attempts to explore the macroeconomic implications of the “demonetisation” exercise announced on November 8, 2016, for the Indian economy on three board parameters of growth, distrib...

by Pradymna Rawat | On 09 Aug 2017

Factors Influencing Indian Manufacturing Firms’ Decision to Hire Contract Labour

The study attempts to investigate the factors affecting a firm’s decision to hire contract workers. The information from a specially commissioned survey of manufacturing firms undertaken in 2014 by IC...

by Jaivir Singh | On 08 Aug 2017

Promoting Organic Food Products and Exports - Status, Issues and Way Forward

This paper, based on a primary survey of companies engaged in organic food business in India and the United Kingdom (UK), examines how organic food can attract more investment (domestic and foreign) a...

by Arpita Mukherjee | On 08 Aug 2017

Comparison of Consumer and Wholesale Prices Indices in India: An Analysis of Properties and Sources of Divergence

This paper provides a comparative assessment of CPI and WPI in terms of its key characteristics, particularly on the method of compilation, distributional properties and measures of underlying inflat...

by Praggya Das | On 04 Aug 2017

Cities, Towns, and Poverty: Migration Equilibrium and Income Distribution in a Todaro-type Model with Multiple Destinations

Should public investment be targeted to big cities or to small towns, if the objective is to minimize national poverty? To answer this policy question the basic Todaro-type model of rural-urban migr...

by Luc Christiaensen | On 01 Aug 2017

Nuclear Waste Management

This report may lead other nations to follow suit, but countries which do not have large quantities of SNF may find it difficult to justify geological repositories from economic considerations.

by | On 31 Jul 2017

A Case for Institutional Demand as Effective Social Protection: Supporting Smallholders Through Procurement and Food Assistance Programmes

This paper focuses on the rationale for state-based market interventions to support smallholder production along with some case studies that follow the evolution and impact of what we call ‘institutio...

by Ryan Nehring | On 28 Jul 2017

Comparison of Various Business Cycle Models for Pakistan

In this paper, we compare the performance of different models, on two data frequencies, in terms of matching the business cycle moments of Pakistani economy. Out of the four models, two are simple r...

by M. Ali Choudhary | On 26 Jul 2017

Rethinking the Development of Post-War Sri Lanka Based on the Singapore Model

This study explores three major points, namely, Singapore's development process,Singapore's model of economic development, and the economic challenges of post-war Sri Lanka. This study explores pages...

by Sanika Sulochani Ramanayake | On 25 Jul 2017

Households' Inflation Expectations in India: Role of Economic Policy Uncertainty and Global Financial Uncertainty Spill-over

Inflation expectations are an important marker for the conduct of monetary policy. Using a Bayesian structural VAR-X model that includes the inflation expectations of general public based on the Infla...

by Taniya Ghosh | On 21 Jul 2017

Strengthening City Disaster Risk Financing in Vietnam

This paper presents a summary of a technical assistance project on the development of disaster risk financing solutions for the cities of Can Tho and Hue and, by extension, for other cities in Viet Na...

by Asian Development Bank Institute | On 26 Jun 2017

Fossil Fuel Subsidies in Asia: Trends, Impacts, and Reforms - Integrative Report

This report measures the size of associated subsidies on these fossil fuels including direct transfers, tax exemptions, subsidized credit, and losses of state enterprises in India, Indonesia, and Thai...

by Asian Development Bank Institute | On 14 Jun 2017

An Automatic Leading Indicator Based Growth Forecast For 2016-17 and The Outlook Beyond

Building on the early work of Mitchell and Burns (1938,1946), the automatic leading indicator (ALI) approach has been developed over the last few decades by Geweke (1977), Sargent and Sims (1977), Sto...

by Parma Chakravartti | On 26 May 2017

Dynamic Stochastic General Equilibrium (DSGE) Modelling :Theory And Practice

In recent years DSGE (dynamic stochastic general equilibrium) models have come to play an increasing role in central banks, as an aid in the formulation of monetary policy (and increasingly after th...

by DILIP NACHANE | On 04 May 2017

Cost Channel, Interest Rate Pass-Through and Optimal Policy under Zero Lower Bound

This paper analyzes optimal monetary policy under zero lower bound in the presence of cost channel. Cost channel introduces trade-o¤ between output and inflation when economy is out of ZLB. As a res...

by Taniya Ghosh | On 04 May 2017

The Long Road to Transformation of Agricultural Markets in India: Lessons from Karnataka

This paper examines Karnataka's pioneering agricultural output marketing reforms with the twin goals of assessing the state and challenges of implementation and to glean lessons from Karnataka's expe...

by Nidhi Aggarwal | On 02 May 2017

Income Generation and Inequality in India's Agricultural Sector: The Consequences of Land Fragmentation

This paper is a contribution to understanding income generation and inequality in India's agricultural sector. The paper analyses the National Sample Surveys of agriculture in 2003 and 2013 using desc...

by Sanjoy Chakravorty | On 02 May 2017

Estimating Labor Force Joiners and Leavers Using a Heterogeneity Augmented Two-Tier Stochastic Frontier

We derive a non-standard unit root serial correlation formulation for intertemporal adjustments in the labor force participation rate. This leads to a tractable three-error component model, which in c...

by | On 01 Mar 2017

Missing from the Market: Purdah Norm and Women’s Paid Work Participation in Bangladesh

Despite significant improvement in female schooling over the last two decades, only a small proportion of women in South Asia are in wage employment. We revisit this puzzle using a nationally represen...

by | On 24 Jan 2017

Government’s Role in India’s Ailing Cold Storage Sector

Every year, India wastes about 18 per cent of fruits and vegetables, due to lack of post-harvest storage facilities. The cold storage sector has been one of the most undermined sectors in India, devo...

by Madhu Sivaraman | On 05 Dec 2016

Poverty Impacts of Agricultural Trade Reforms

The impact of trade policy on poverty, food security and inequality in developing countries is at the centre of a crowded international debate on the role of international trade in development. Develo...

by United Nations Environment Programme UNEP | On 24 Nov 2016

China’s Rural-Urban Migration: Structure and Gender Attributes of the Floating Rural Labor Force

This article focuses on Chinese female rural migrant workers. Based on the survey data collected in Anhui and Sichuan provinces of China, the article investigates gender aspects of Chinese rural-urban...

by | On 22 Nov 2016

Asymmetric Impact of Relative Price Shocks in Presence of Trend Inflation

This study examines whether skewness of cross sectional distribution of relative price shocks has asymmetric impact on aggregate inflation. The empirical evidence from various countries suggests tha...

by Sartaj Rather | On 16 Nov 2016

India-Africa Partnership for Food Security: Issues, Initiatives and Policy Directions

The paper argues that there is strong rationale for India-Africa collaboration on food security, given their common challenge of hunger, undernutrition, and low productivity. This paper offers specifi...

by | On 24 Oct 2016

Will China’s Demographic Transition Exacerbate Its Income Inequality? A CGE Modeling with Top-down Microsimulation

Demographic transition due to population aging is an emerging trend throughout the developing world, and it is especially acute in China, which has undergone demographic transition more rapidly than...

by Xinxin Wang | On 10 Oct 2016

Glimpsing the End of Economic History? Unconditional Convergence and the Missing Middle Income Trap

This paper suggests a reinterpretation of global growth—encompassing notions of unconditional convergence and the middle income trap—in the past 50 years through the lens of growth theory. Two modes o...

by Sutirtha Roy | On 10 Oct 2016

Growth and Distribution: Understanding Developmental Regimes in Indian States

Economic and political processes differ widely across states in India. Some states have seen rapid economic growth and development while others are facing economic stagnation. The differences in outco...

by | On 07 Oct 2016

Poor Women in Urban India: Issues and Strategies

It is generally recognised that poverty is experienced differently according to their gender, age, caste, class and ethnicity and within households. Income levels, food security and indeed life choice...

by | On 05 Oct 2016

Outward FDI, Exports and Technological Efforts: A Study of Indian Manufacturing Firms

In this study the hypotheses that the choice between OFDI and export decision of the firms depends on the firm level productivity is tested. Here, the productivity levels of OFDI firms vis a vis exp...

by Ronny Thomas | On 03 Oct 2016

Integrated Model of Computable General Equilibrium and Social Cost Benefit Analysis of an Indian Oil Refinery: Future Projections and Macroeconomic Effects

Social Cost Benefit Analysis has long been used as a useful tool to appraise the value of a range of investment projects. Various aspects of this method have been subject to scrutiny over the decade...

by Shovan Ray | On 30 Sep 2016

Evaluating Asian FTAs: What do Gravity Equation Models Tell Us?

This research evaluates the performance of free trade agreements by analyzing the determinants of trade flows of Asian economies for a panel of thirty-one countries during 2007-2014 using a Gravity...

by Sunder Ramaswamy | On 29 Sep 2016

Occupational Choice in Early Industrializing Societies: Experimental Evidence on the Income and Health Effects of Industrial and Entrepreneurial Work

As low-income countries industrialize, workers choose between informal self-employment and low-skill manufacturing. What do workers trade off, and what are the long run impacts of this occupational ch...

by Christopher Blattman | On 26 Sep 2016

Quantitative Spatial Economics

The observed uneven distribution of economic activity across space is influenced by variation in exogenous geographical characteristics and endogenous interactions between agents in goods and factor m...

by Stephen Redding | On 20 Sep 2016

The Labor Market Consequences of Refugee Supply Shocks

The continuing inflow of hundreds of thousands of refugees into many European countries has ignited much political controversy and raised questions that require a fuller understanding of the determina...

by George Borjas | On 20 Sep 2016

A Study of Energy Efficiency in the Indian Iron and Steel Industry

The report begins with an overview of the Iron and Steel Industry in the context of its importance to Indian economy and introduces the objective of this study. The status of the industry by productio...

by | On 19 Sep 2016

Zoning and the Economic Geography of Cities

Comprehensive zoning is ubiquitous in U.S. cities, yet surprisingly little is known about its long-run impacts. This paper provides the first attempt to measure the causal effect of land use regulatio...

by Allison Shertzer | On 19 Sep 2016

For a Free and Fair Sporting Sector in India

The question that this report seeks to answer is: ‘which one can be a successful model in sports in India: Planned Approach or a Spontaneous Order?’ The study explains that planned sporting activities...

by Rahul V. Kumar | On 09 Sep 2016

Toward SDG 2: Food Security and Urbanization in the Global South

In light of the United Nations’ SDGs1 and their global hunger directive, in particular Goal 2 to “end hunger, achieve food security and improved nutrition,” it is clear that food security will be a m...

by | On 09 Sep 2016

Gender Dimensions on Farmers’ Preferences for Direct-Seeded Rice with Drum Seeder in India

This study measures the willingness of male and female farmers to pay for climate-smart technology in rice. Rice is the most important crop in India in terms of area, production, and consumption. It...

by Md. Tajuddin Khan | On 31 Aug 2016

India’s Economic Growth and Market Potential: Benchmarked Against China

This paper addresses some aspects related to these two important research questions, and thus builds on the base of knowledge. The paper is organized as follows. First, we discuss the economic growth...

by | On 24 Aug 2016

Optimal Domestic (And External) Sovereign Default

Infrequent but turbulent episodes of outright sovereign default on domestic creditors are considered a “forgotten history” in Macroeconomics. This paper proposes a heterogeneous-agents model in which...

by Pablo D'Erasmo | On 17 Aug 2016

Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation

Countries rarely hit the zero-lower bound on interest rates, but when they do, these episodes tend to be very long-lived. These two features are difficult to jointly incorporate into macroeconomic mod...

by Marc Carreras | On 16 Aug 2016

Does Rosie Like Riveting? Male and Female Occupational Choices

This paper explores the possibility that women and men have different tastes for the content of the work they do. It runs regressions of job satisfaction on the share of males in an occupation. Overal...

by Grace Lordan | On 11 Aug 2016

GST in India: Chasing a Mirage or Reality?

India is moving towards introducing a Goods and Services Tax (GST). The GST would be a multistage comprehensive value added tax (VAT) encompassing both goods and services. Given the federal structur...

by Sacchidananda Mukherjee | On 09 Aug 2016

China and Socialist Countries: Role Change and Role Continuity

This paper analyses changes in China’s relations with socialist countries. It uses Chinese academic publications to add an inside-out perspective to the interpretation of Chinese foreign policy and ou...

by | On 05 Aug 2016

Anatomy of Input Demand Functions for Indian Farmers across Regions

This study models the optimum use of production inputs and analyse the behaviour of input demand functions of agricultural production through restricted transcendental logarithm profit function for...

by Shrabani Mukherjee | On 04 Aug 2016

Universal PDS: Efficiency and Equity Dimensions

India being home to the largest number of poor and malnourished population in the world, the tabling of National Food Security Bill has renewed the public pressure for universalization of PDS in Ind...

by Sowmya Dhanraj | On 03 Aug 2016

Heterogeneity and Unemployment Dynamics

This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across workers as well as direct effects of unemployment duration on unemployment-exit p...

by Hie Ahn | On 26 Jul 2016

Evaluation of Government Interventions in Khadi Sector

Khadi sector is an over-regulated one in India, where the entire production process, sales, distribution, and marketing is fully regulated by the government. The paper examines the growth of Khadi sec...

by Lekshmi R Nair | On 25 Jul 2016

Cost Channel, Interest Rate Pass-Through and Optimal Monetary Policy under Zero Lower Bound

This paper analyzes the optimal discretionary monetary policy under Zero Lower Bound (ZLB) for varying degree of interest rate pass-through. This paper finds that (i) exit date from ZLB becomes endoge...

by Siddhartha Chattopadhyay | On 13 Jul 2016

State-Focused Roadmap to India’s “Vision 2030”

By 2030, India will be amongst the youngest nations in the world with nearly 150 million people in the college-going age group. By 2030, the already existing challenges for Indian higher education – a...

by | On 07 Jul 2016

Choosing a Partner for Social Exchange: Charitable Giving as a Signal of Trustworthiness

People benefit from being perceived as trustworthy. Examples include sellers trying to attract buyers, or candidates in elections trying to attract voters. In a laboratory experiment using exchange ga...

by Sebastian Fehrler | On 24 Jun 2016

An Examination of One Dimension Marginal Distributions: Selling and Non - Selling Activities of a Salesperson

This study examines the number of times a salesperson engages in vacation and the time taken by the number of vacations by controlling the number of customers. The one dimensional marginal...

by Dheeraj Sharma | On 23 Jun 2016

Job Creation in a Multi-Sector Labor Market Model for Developing Economies

This paper proposes an overlapping generations multi-sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self-employment, heterogeneity in abili...

by Arnab K. Basu | On 22 Jun 2016

Meta-Analysis for Online Retail Performance

The meta-analysis, by combining and synthesizing research of past two decades, attempts to identify key constructs that explain the details of online retail performance in a more coherent manner. The...

by Dheeraj Sharma | On 22 Jun 2016

Urban Water Systems in India: A Way Forward

This paper provides a new presentation of the urban water problem and offers a set of solutions that are sustainable, both in ecological and financial terms, and seek to tackle the deep inequities in...

by Mihir Shah | On 16 Jun 2016

Optimal Unemployment Benefit Policy and the Firm Productivity Distribution

This paper provides a novel justification for a declining time profile of unemployment benefits that does not rely on moral hazard or consumption-smoothing considerations. It considers a simple search...

by Tomer Blumkin | On 15 Jun 2016

The Value of Private Schools: Evidence from Pakistan

Using unique data from Pakistan we estimate a model of demand for differentiated products in 112 rural education markets with significant choice among public and private schools. Our model accounts fo...

by | On 09 Jun 2016

Returns to Education: The Causal Effects of Education on Earnings, Health and Smoking

This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in the structural dynamic discrete choice literature with approaches used in the reduc...

by | On 09 Jun 2016

Source of Livelihood and Inter-Temporal Mobility: Evidence from Western Odisha Villages

It is observed that even in a stagnant region with limited opportunities income mobility is occurring,to a limited extent though.Agrarian contract forces households to look for better avenues. With i...

by Arup Mitra | On 07 Jun 2016

Measuring Water use in a Green Economy

This report by the UNEP-hosted International Resource Panel marks a serious and critical analysis of the way societies are managing water supplies including how those supplies are allocated across sec...

by | On 02 Jun 2016

Height and Cognition at Work: Labor Market Productivity in a Low Income Setting

This paper evaluates the relative importance of these mechanisms that potentially underly the link between adult stature and labor market productivity. Drawing on twelve waves of longitudinal survey...

by Daniel LaFave | On 31 May 2016

Where All the Water Has Gone? An Analysis of Unreliable Water Supply in Bangalore City

The demand for urban water supply service is increasing rapidly as globalisation accelerates economic development and brings improvements in living standards in India with the interactive effects of...

by | On 12 May 2016

Evaluation Study of Targeted Public Distribution System in Selected States

The Ministry of Food, Public Distribution and Consumer Affairs has entrusted a study to the NCAER to assess whether, and to what extent, the weaknesses noted by past evaluation studies on the TPDS ha...

by Sohini Paul | On 09 May 2016

Does Carbon Tax Makes Sense? Assessing Global Scenario and Addressing Indian Perspective

This paper presents a plan that provides an achievable path toward a global policy on Green House Gas (GHG) emissions. At the heart of it is a small carbon tax (actually a GHG tax). The proceeds of...

by Mohana Mondal | On 09 May 2016

India's Energy Transition - Pathways for Low-Carbon Economy

The transition to a low carbon economy heralds an economic and social transformation that is exciting as well as challenging. The challenges that face India include: enhancing economic opportunities a...

by | On 02 May 2016

Reducing Child Marriage in India: A Model to Scale Up Results, New Delhi, 2016

This paper presents a model for contextual strategizing and scaling up of interventions to accelerate the pace of reduction of child marriage, with particular reference to India, and within India with...

by Jyotsna Jha | On 18 Apr 2016

Does Greater Autonomy among Women Provide the Key to Better Child Nutrition?

The paper examine the link between a mother’s autonomy – the freedom and ability to think, express, act and make decisions independently – and the nutritional status of her children. There is a desig...

by Wiji Arulampalam | On 08 Apr 2016

Employment and Earnings in Rural India: 2004-2012

This paper analyzes the changes in employment and earnings of paid workers in rural India from 2004/05 to 2011/12. While the employment rate of adults remained stable at 51 percent during this perio...

by Shantanu Khanna | On 04 Apr 2016

Price Control on Bt Cotton Seeds in India: Impact on Seed Providers

This paper attempts to examine the impact of such price controls on the revenue and profitability of the seed providers in India. Using a panel data for 9 cotton growing states in India over 2002- 200...

by Anchal Arora | On 16 Mar 2016

Trade and Wage Inequality: A Specific Factor Model with Intermediate Goods

In this paper we have made an attempt to explain the observed rising inequality between unskilled and skilled wages, or, fall in relative wages of unskilled labour within a general equilibrium framewo...

by Alokesh Barua | On 16 Mar 2016

Optimizing Public Expenditure Allocations between Secondary and Higher Education

With a view to define a balance in the allocation of public expenditure across secondary education and higher education, this paper compares, the relative contributions of public expenditures on secon...

by Vijay P. Ojha | On 16 Mar 2016

The Enigma of the ‘Indian Model’ of Development

The paper is an attempt to unveil the enigma of the ‘Indian model’ of development. After discussing the evolution of India’s development policies over the last six decades, the paper attempts to unfol...

by Amit S. Ray | On 16 Mar 2016

Imperfect Certification under Cournot Duopoly

Environmental quality is often a credence good and consumers are unable to distinguish between green and brown products. The paper aims to investigate the role of certification in providing informatio...

by Charu Grover | On 15 Mar 2016

Asia SME Finance Monitor 2014

Asia has been continuously growing, and this growth has alleviated poverty and increased the number of middle income countries in the region. However, the recent regional and global economic slowdown...

by Asian Development Bank Institute | On 15 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

Do global spillovers clog transmission channels of monetary policy through domestic financial markets? Drawing on stylised facts and using a dynamic factor model to develop an indicator of global spil...

by Michael Debabrata Patra | On 14 Mar 2016

Reducing Child Marriage in India : A Model to Scale Up Results

This report is the result of efforts to develop strategies to accelerate the decline of child marriage in India. It breaks new conceptual ground and applies a broad social policy and governance framew...

by Debanita Chatterjee | On 14 Mar 2016

Basel I and Basel II Compliance: Issues for Banks in India

Random effects panel data analysis is applied to identify financial parameters that influence banks in India in complying with Basel I. The private sector and foreign banks are affected by credit risk...

by Sreejata Banerjee | On 13 Mar 2016

Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?

Forward-looking RE models such as the popular New Keynesian (NK) model do not provide a unique prediction about how the model economy behaves. We need some mechanism that ensures determinacy. McCallum...

by Patrick Minford | On 13 Mar 2016

Consumer’s Acceptance towards Genetically Modified Crops and Growth of the Economy: A Theoretical Approach

This paper develops a three-sector theoretical growth model to capture the role of consumers’ acceptance towards the second generation of genetically modified (GM) crops in the long run growth process...

by Arpita Ghose | On 10 Mar 2016

Kerosene Consumption in India: Welfare and Environmental Issues

The adverse fiscal effects of fuel subsidies in developing countries like India are well documented. More recently, few studies have highlighted the fiscal, welfare and environmental effects of possib...

by Brinda Viswanathan | On 10 Mar 2016

Tariff Reduction and Income Distribution: A CGE-based Analysis for Urban and Rural Households in Pakistan

This paper intends to explore functional and households personal income distribution across four different income groups in both the urban and rural areas. Using Social Accounting framework, Siddiqui...

by A. R. Kemal | On 10 Mar 2016

Tariff Reduction and Functional Income Distribution in Pakistan: A CGE Model

The specific question to be explored in this study is: whether or not trade liberalisation (tariff reduction) policies improve income distribution and reduce poverty in Pakistan?

by Rizwana Siddiqui | On 10 Mar 2016

Critical Review of Literature on Computable General Equilibrium Models

This model focuses on sectoral allocation of capital and labour and distribution of sectoral output. Second, Harberger-Scarf-Shoven-Whalley models, which have their roots in welfare economics. Third,...

by Zafar Iqbal | On 10 Mar 2016

An Introduction to the 1998-99 Pakistan Socioeconomic Survey (PSES)

This brief paper is quite focused. It describes the methodology and scope of the household survey carried out by the PIDE between March and July 1999, with an aim to generate nationally representative...

by G. M. Arif | On 10 Mar 2016

Distributional Impact of Structural Adjustment on Income Inequality in Pakistan: A SAM-based Analysis

This study intends to analyze the impact of fiscal policy relating to subsidies (production and consumption subsidies), government current expenditure and expenditure on health and education on income...

by Zafar Iqbal | On 10 Mar 2016

Pension System Reforms for Pakistan: Current Situation and Future Prospects

The study deals with pension system reforms for the Pakistan economy and highlights the current situation and future prospects. The study presents an overview of the problems prevailing in current pay...

by Umaima Arif | On 10 Mar 2016

Spatial Differences and Socio-economic Determinants of Health Poverty

This study has three objectives: first, to construct a health poverty index (HPI) for Pakistan using household data from Pakistan Social and Living Standards Measurement (PSLM) survey 2012-13; second,...

by Nasir Iqbal | On 10 Mar 2016

Designing Contracts for the Global Fund: Lessons from the Theory of Incentives

This paper uses contract theory to suggest simple contract designs that could be used by the Global Fund. Using a basic model of procurement, we lay out five alternative options and consider when each...

by Liam Wren-Lewis | On 10 Mar 2016

Models of Affective Decision-making: How do Feelings Predict Choice?

Intuitively, how we feel about potential outcomes will determine our decisions. Indeed, one of the most influential theories in psychology, Prospect Theory, implicitly assumes that feelings govern cho...

by Caroline J. Charpentier | On 09 Mar 2016

Where and How Are Roads Endangering Mammals in Southeast Asia’s Forests?

Habitat destruction and overhunting are two major drivers of mammal population declines and extinctions in tropical forests. The construction of roads can be a catalyst for these two threats. In South...

by Gopalasamy Reuben Clements | On 03 Mar 2016

The Political-economy of Tax Reforms in Pakistan: The Ongoing Saga of the GST

Should tax reforms be guided by rules of thumb suggested by the IMF, or directions or reform based on analytical approaches, such as optimal tax theory? In many cases, the applications of the directio...

by Ehtisham Ahmad | On 01 Mar 2016

Food Security and the Targeted Public Distribution System in India

Annual food production is enough to feed the 6.9 billion people in the world today. However, access and distribution of food in order that people do not have to die due to hunger continues to remain e...

by Ruth Kattumuri | On 01 Mar 2016

Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

How large are the benefits of transportation infrastructure projects, and what explains these benefits? To shed new light on these questions, I collect archival data from colonial India and use it to...

by Dave Donaldson | On 29 Feb 2016

International Price Dispersion and Market Segmentation in Japan and the United States: Theory and Empirics

This paper focuses on the pricing behavior of Japanese and United States firms selling their identical products in New York City, Chicago, Osaka, and Tokyo. The authors utilize some simple models of i...

by K.C. Fung | On 29 Feb 2016

What is Title Guarantee Worth in Land Markets? Evidence from Bengaluru, India

Land reforms require urgent attention in emerging market economies, and there is a vast body of literature that deals with the economic impact land reforms, especially land titling (Acemoglu et al., 2...

by Madalasa Venkataraman | On 27 Feb 2016

A Model of Gender Inequality and Economic Growth

This paper introduces a model of gender inequality and economic growth that focuses on the determination of women’s time allocation among market production, home production, child rearing, and child e...

by Jinyoung Kim | On 27 Feb 2016

Indirect Inference for Dynamic Panel Models

It is well-known that maximum likelihood (ML) estimation of the autoregressive parameter of a dynamic panel data model with Öxed e§ects is inconsistent under Öxed time series sample size (T) and large...

by Christian Gourieroux | On 25 Feb 2016

CO2 Emissions Reduction Strategies and Economic Development of India

This paper examines the consequences of alternative CO2 emission reduction strategies on economic development and, in particular, the implications for the poor by empirically implementing an economy-w...

by N. Murthy | On 25 Feb 2016

Towards Comprehensive Economic Co-operation between India and Central Asian Republics

Despite some recovery in recent years, Central Asian Republics (CARs) remain in difficult economic situation and they present a serious challenge to Asia. It is in the mutual interest of both CARs and...

by Ramgopal Agarwala | On 24 Feb 2016

Why Inequality Matters in Poverty Reduction and Why the Middle Class Needs Policy Attention

While the Philippines has had a new economic growth trajectory in recent years, the country has had little progress in reducing poverty and in making growth more inclusive. In this paper, the authors...

by Jose Ramon G. Albert | On 24 Feb 2016

Grid – Connect Electricity Supply in India

This paper describes the methodology, data and key assumptions used for the power sector supply-side module of the India Low Carbon Growth study and presents preliminary results. The module is used to...

by World Bank | On 24 Feb 2016

The Determination of Contracts in Agricultural Economies

This paper aims to analyze how contracts are determined and modified given diverse agricultural settings and to examine the implications of these changes with respect to their efficiency, distribution...

by Leonardo Lanzona | On 24 Feb 2016

Global Analysis of an Expectations Augmented Evolutionary Dynamics

We consider a deterministic evolutionary model where players form expectations about future play. Players are not fully rational and have expectations that change over time in response to current payo...

by Massimiliano Landi | On 24 Feb 2016

Asymmetry In Government Bond Returns

Is there asymmetry in the distribution of government bond returns in developed countries? Can asymmetries be predicted using financial and macroeconomic variables? To answer the first question, we pro...

by Ippei Fuijwara | On 21 Feb 2016

A Dynamic Stochastic General Equilibrium Model for India

Over the last decade, the Dynamic Stochastic General Equilibrium (DSGE) framework has become a workhorse for macroeconomic analysis in both academic and policy circles. Following this emerging trend,...

by Parantap Basu | On 21 Feb 2016

How Much Could South Asia Benefit from Regional Electricity Cooperation and Trade?

The South Asia region is lagging behind many regions in the world in regional electricity cooperation and trading, despite the huge anticipated benefits. This study uses an electricity planning model...

by Govinda Timilsina | On 21 Feb 2016

How Does a Decrease in Oil Production Affect the World Economy?

The world's oil consumption has been increasing for more than a century with a few exceptions. This paper examines the impact of the decrease in oil production on major economies using a computable ge...

by Naohiko Yahaba | On 21 Feb 2016

Labor Supply Responses to the 1990s Japanese Tax Reforms

The consumption-leisure choice model implies that an exogenous change in tax rates will induce a change in labor supply. This implication is expected to be important to labor supplied by secondary ear...

by Ken Yamada | On 19 Feb 2016

Poverty-reducing or Poverty-inducing? A CGE-based Analysis of Foreign Capital Inflows in Pakistan

Foreign capital inflows (FKI) help an economy by financing the imbalance between income and expenditure. However, their impact on poverty in the recipient economy is a controversial issue. In this stu...

by Rizwana Siddiqui | On 18 Feb 2016

Technical Report: Observations and Reanalyses Data: Comparison and Trends in Southeast Asia

Reanalyses data sets, being temporally and spatially complete and available on six hourly timescales, are extremely convenient to use. Real observations represent the climate system with greater fidel...

by Richard Washington | On 18 Feb 2016

Perfect Competition

In his 1987 entry on ‘Perfect Competition’ in The New Palgrave, the author reviewed the question of the perfectness of perfect competition, and gave four alternative formalisations rooted in the so-ca...

by M. Ali Khan | On 17 Feb 2016

Entrepreneurship in Pakistan

In Pakistan innovation and risk taking is severely inhibited by the intrusive role of government in the marketplace. From the early days of planning when protection and subsidy policies determined win...

by Nadeem Ul Haque | On 16 Feb 2016

Dynamic Effects of Agriculture Trade in the Context of Domestic and Global Liberalisation: A CGE Analysis for Pakistan

This paper studies dynamic effects of agriculture trade in the context of domestic and global liberalisation. Being the largest sector of the economy, the agriculture sector contributes substantially...

by Rizwana Siddiqui | On 15 Feb 2016

Income, Public Social Services, and Capability Development: A Cross-district Analysis of Pakistan

Is household income enough for human development or should government direct resources towards the provision of social services to improve capabilities of individuals? The former is emphasised by the...

by Rizwana Siddiqui | On 14 Feb 2016

The Conditional Capital Asset Pricing Model:- Evidence from Karachi Stock Exchange

This is an attempt to empirically investigate the risk and return relationship of individual stocks traded at Karachi Stock Exchange (KSE), the main equity market in Pakistan. The analysis is based on...

by Attiya Y. Javid | On 14 Feb 2016

Test of Multi-moment Capital Asset Pricing Model: Evidence from Karachi Stock Exchange

This study examines the Capital Asset Pricing Model of Sharpe (1964) Lintner (1965) and Black (1972) as the benchmark model in the asset pricing theory. The empirical findings indicate that the Sharpe...

by Attiya Y. Javid | On 14 Feb 2016

Human Capital vs. Physical Capital: A Cross-Country Analysis of Human Development Strategies

This study estimates a small simultaneous equation model using panel data from sixty-four countries for the years 1996 and 2004. The model is estimated by various techniques—OLS, TSLS, dummy variable...

by Rizwana Siddiqui | On 14 Feb 2016

Private Schooling in India: A New Educational Landscape

Private schooling in India has expanded rapidly in the past decade. However, few studies have looked at its implications for educational quality. Using data from the recently collected India Human Dev...

by Sonalde Desai | On 14 Feb 2016

Dietary Diversity in the Everyday Lives of Children in Andhra Pradesh and Telangana, India

This paper investigates young people’s and their caregivers’ experiences of food insecurity, diet and eating practices in Andhra Pradesh and Telangana. It also provides original child-focused evidence...

by Elisabetta Aurino | On 13 Feb 2016

Utilization of Maternal Health Care Services in India: Understanding the Regional Differences

There is great regional variation on utilization of maternal health care services across India. While regional differences have long been established, why women in some states are more likely to utili...

by Sonalde Desai | On 12 Feb 2016

Rice Seed Production and Use in Bangladesh and India Need for Bilateral Cooperation

Rice seed production, marketing, distribution situation in Bangladesh and India is not considered to be efficient. This has led to low availability and accessibility of modern varieties (MV) rice seed...

by Mahfuz Kabir | On 11 Feb 2016

Collaborating for Healthy Living: From Bottlenecks to Solutions

To help lay the groundwork for successful multistakeholder collaborations for healthy living, the World Economic Forum, in collaboration with Bain & Company, has produced the insights brief “Collabora...

by World Economic Forum [WEF] | On 11 Feb 2016

How Soon Is Now? Evidence of Present Bias from Convex Time Budget Experiments

Empirically observed intertemporal choices about money have long been thought to exhibit present bias, i.e. higher short-term compared to long-term discount rates. Recently, this view has been called...

by Uttara Balakrishnan | On 07 Feb 2016

Higher Education Expansion and Labor Market Outcomes for Young College Graduates

We examine the causal impact of China's higher education expansion on labor market outcomes for young college graduates using China's 2005 1% Population Sample Survey. Exploiting variation in the expa...

by Dongshu Ou | On 07 Feb 2016

Temporary and Permanent Migrant Selection: Theory and Evidence of Ability-Search Cost Dynamics

The migrant selection literature concentrates primarily on spatial patterns. This paper illustrates the implications of migration duration for patterns of selection by integrating two workhorses of th...

by Joyce Chen | On 07 Feb 2016

Algebraic Representation of Social Capital Matrix

This paper proposes a mathematical model based on a Boolean algebra involving a 4×4 social capital matrix [Shah (2008)], that emerges through interaction within and across individuals, communities, in...

by Tariq Shah | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

The study analyses market perception about the performance of Pakistani commercial banks due to financial liberalisation and deregulation measures taken by the central bank over the last two decades....

by Kalbe Abbas | On 06 Feb 2016

Price Setting Behaviour of Pakistani Firms: Evidence from Four Industrial Cities of Punjab

Since the introduction of rational expectations in the literature, most of the research focus in the area of macroeconomics has been investigating micro foundations of macroeconomic theory and transmi...

by Wasim Shahid Malik | On 06 Feb 2016

A Dynamic Macroeconometric Model of Pakistan’s Economy

In this study, an attempt has been made of develop a dynamic macroeconometric model of Pakistan’s economy to examine the behaviour of major macroeconomic variables such as output, consumption, investm...

by Muhammad Arshad Khan | On 06 Feb 2016

An Empirical Investigation of the Relationship between Food Insecurity, Landlessness, and Violent Conflict in Pakistan

This study is an attempt to examine empirically the association between socio-economic measures of deprivation—such as food insecurity, landlessness, unemployment, and human under-development—and the...

by Sadia Mariam Malik | On 06 Feb 2016

The Determinants of Food Prices: A Case Study of Pakistan

Controlling prices is one of the major tasks for the macroeconomic policy-makers. The recent oil price hike that shifted the policy towards biofuels and some natural calamities increased food prices a...

by Henna Ahsan | On 06 Feb 2016

Remittances and Poverty Linkages in Pakistan: Evidence and Some Suggestions for Further Analysis

This exercise is envisaged to provide a brief account of the research studies on inter-relationship between remittance inflows from abroad and the poverty levels obtained in the country. This is discu...

by Mohammad Irfan | On 06 Feb 2016

Preliminary Study: Explaining the Ten-fold Increase in Remittances to Pakistan 2001-2012

This study is part of a broader study being undertaken by PIDE on remittances and their impact on the Pakistan economy including explaining its over ten-fold increase between 2001–2012 from around US$...

by Rashid Amjad | On 03 Feb 2016

Rent Seeking Opportunities and Economic Growth in Transitional Economies

This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modelling framework is a...

by Nasir Iqbal | On 03 Feb 2016

Foreign Aid and the Fiscal Behaviour of Government of Pakistan

This study examines the effect of foreign aid on the fiscal behaviour of the Government of Pakistan. It applies the Autoregressive Distributed Lag model to analyse the relationship that prevailed betw...

by Rabia Butt | On 03 Feb 2016

What Determines Payment Methods and Deal Amount in Corporate Merger and Acquisitions in Pakistan

The present study examines the determinants of payment mode choice and deal amounts in financial and nonfinancial sectors mergers and acquisitions (M&A) in Pakistan, undertaken during period 2005–2012...

by Yasmeen Akhtar | On 03 Feb 2016

Remittances and Economic Growth: The Role of Financial Development

Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remitta...

by Unbreen Qayyum | On 03 Feb 2016

Choice of Monetary Policy Instrument under Targeting Regimes in a Simple Stochastic Macro Model

This paper analyzes the relative performance of inflation and price-level targeting regimes in an AS-IS-LM framework under alternative policy instruments used by the central bank.

by Haider Ali | On 03 Feb 2016

Dynamic Relationship and Volatility Spillover between the Stock Market and the Foreign Exchange Market in Pakistan: Evidence from VAR-EGARCH Modelling

The paper examines the dynamic relationship and volatility spillovers between the stock market and the foreign exchange market in Pakistan using weekly data from 02 July, 1997 to 04 July 2012. Johanse...

by Abdul Qayyum | On 03 Feb 2016

Evaluation of Gold Investment as an Inflationary Hedge in Case of Pakistan

The present study aims at empirically testing the status of gold as a potential hedge against inflation. The study whirls around analysing the nature of the relationship of expected and actual inflati...

by Nadeem Ul Haque | On 02 Feb 2016

The Compromise Effect in Action: Lessons from a Restaurant’s Menu

The compromise effect refers to individuals’ tendency to choose intermediate options. Its existence has been demonstrated in a large number of hypothetical choice experiments. This paper uses field da...

by | On 02 Feb 2016

International Food Safety Standards and India's Food Exports An Analysis Based on Gravity Model Using Three-Dimensional Data

The paper tries to understand precisely how the food safety regulations applied by the industrialized countries have an effect on India’s export of processed food to these markets. It also examines th...

by Rajesh Mehta | On 30 Jan 2016

Issues in Statistical Modelling of Human Capital and Economic Growth Nexus: A Cross Country Analysis

The human capital and growth relationship has been subject to a lot of debate in economic literature. The empirical growth models are beset with problems ranging from theoretical frameworks and statis...

by Verda Salman | On 30 Jan 2016

The Day-of-the-Week Anomaly in Market Returns, Volume and Volatility in SAARC Countries

This study investigates extent of market efficiency and presence of day of week effect in stock market indices and volume and volatility in four major SAARC countries, namely Pakistan, Bangladesh, Ind...

by Sumra Abbas | On 30 Jan 2016

Climate Change in the Himalayas Current State of Knowledge

This paper reviews the literature on the potential biophysical and economic impacts of climate change in the Himalayas. Existing observations indicate that the temperature is rising at a higher rate i...

by Kumud Acharya | On 28 Jan 2016

Glacier Systems and Seasonal Snow Cover in Six Major Asian River Basins: Water Storage Properties under Changing Climate

The publications in this series cover a wide range of subjects—from computer modeling to experience with water user associations—and vary in content from directly applicable research to more basic stu...

by Vladimir Smakhtin | On 28 Jan 2016

Economic Growth, Labour Markets and Gender in Japan

The purpose of this paper is not to look at the Japanese growth model, which has been well researched, but to look at women’s employment in the economic development of Japan. The questions that the pa...

by Uma Rani | On 28 Jan 2016

Decentralisation Trajectories with Multiple Institutions: The Case of PIM Programme in India

One of the offshoots of the planned economic development model in India has been the increasing emphasis on effective local governance. With newer models of implementing programmes, incremental steps...

by R Parthasarathy | On 28 Jan 2016

Can Mandated Political Representation Increase Policy Influence for Disadvantaged Minorities? Theory and Evidence from India

A basic premise of representative democracy is that all those subject to policy should have a voice in its making. However, policies enacted by electorally accountable governments often fail to refle...

by Rohini Pande | On 28 Jan 2016

The 2014 US Farm Bill and its Effects on the World Market for Cotton

Under the 2014 US Farm Bill, US cotton producers will receive significant subsidies which will have trade-distorting effects irrespective of future cotton prices. At a futures market cotton price of U...

by | On 27 Jan 2016

Migration, Health and Dignity in South Asia: Lessons from the EMPHASIS Project on Migration, Women’s Empowerment and HIV in Bangladesh, India and Nepal

The EMPHASIS project (Enhancing Mobile Populations’ Access to HIV and AIDS Services, Information and Support) has provided a diverse range of services to crossborder migrants in India, Nepal and Bang...

by Prabodh Devkota | On 27 Jan 2016

Intellectual Property Rights Protection and Export Diversification: the Application of Utility Model Laws

We examine in this paper the impact of the tightening of IPRs, notably patents rights, and the adoption of utility model laws on export diversification. To perform our analysis, we used panel data cov...

by Kimm Gnangnon | On 26 Jan 2016

India in the Emerging World Order: A status quo power or a revisionist force?

This chapter sets out to trace the changing contours of India’s foreign policy by throwing light on: (i) the historical and sociological compulsions shaping India’s strategic trends and the evolution...

by | On 25 Jan 2016

Near-Term Inflation Outlook and BB’s Policy Stance

This paper uses three alternative forecasting techniques, namely, Box-Jenkins’s Autoregressive Integrated Moving Average (ARIMA) model, unrestricted Vector Autoregression (UVAR) model and Hsiao’s Fina...

by Md. Habibur Rahman | On 23 Jan 2016

Five Fingers or One Hand? The BRICS in Development Cooperation

The BRICS countries (Brazil, Russia, India, China, and South Africa) are increasingly prominent in development cooperation activities in low-income countries in Africa and worldwide, presenting a pote...

by Institute of Development Studies IDS | On 23 Jan 2016

Scenarios of Waste and Resource Management: for Cities in India and Elsewhere

The report identifies four future scenarios of this complex waste/resource management landscape using tools from Foresight methods and political economy analysis. We also identify the dynamics within...

by Ashish Chaturvedi | On 23 Jan 2016

PDS ‘To Go’? ‘Portability’ of Rights through Real-time Monitoring: the Centralised Online Real-time Electronic PDS in Chhattisgarh, India

Information and communications technology (ICT)-based reforms are increasingly being used to improve the delivery of public services. The main question which the research reported here addressed is th...

by Anuradha Joshi | On 23 Jan 2016

Does Marginal Cost Pricing of Electricity Affect the Groundwater Pumping Behaviour of Farmers? Evidence From India

The purpose of this evaluation was to quantify the impact of the recent policy change in West Bengal relating to the pricing of electricity from a flat-rate tariff to a metered tariff. The study attem...

by Meenakshi J V | On 21 Jan 2016

Climate Change and Food Systems: Global Assessments and Implications for Food Security and Trade

This book collects the findings of a group of scientists and economists who have taken stock of climate change impacts on food and agriculture at global and regional levels over the past two decades....

by Food and Agricultural Organization [FAO] | On 20 Jan 2016

Identifying Predictors of Childhood Anaemia in North-East India

The objective of this study is to examine the factors that influence the occurrence of childhood anaemia in North-East India by exploring dataset of the Reproductive and Child Health-II Survey (RCH-II...

by S Dey | On 20 Jan 2016

Report on World Social Situation 2013: Inequality Matters

Published by the Division for Social Policy and Development (DSPD) of UN DESA, the report places special focus on policy and disadvantaged social groups, in addition to examining the consequences of h...

by United Nations (UN) | On 19 Jan 2016

“If we eat well, we can study” Dietary Diversity in the Everyday Lives of Children in Andhra Pradesh and Telangana, India

This paper investigates young people’s and their caregivers’ experiences of food insecurity, diet and eating practices in Andhra Pradesh and Telangana. It also provides original child-focused evidence...

by Elisabetta Aurino | On 19 Jan 2016

Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?

The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countr...

by Sarmistha Pal | On 19 Jan 2016

The Skills They Want: Aspirations of Students in Emerging India

This report investigates student awareness, interests and aspirations around general and vocational education. Using a survey administered to class 12 students in one district each in Rajasthan, Chatt...

by Megha Aggarwal | On 19 Jan 2016

Are Girls the Fairer Sex in India? Revisiting Intra-Household Allocation of Education Expenditure

This paper revisits the issue of the intra-household allocation of education expenditure with the recently available India Human Development Survey which refers to 2005 and covers both urban and rural...

by | On 15 Jan 2016

Public Infrastructure, Location of Private Schools and Primary School Attainment in an Emerging Economy

The paper argues that access to public infrastructure plays a crucial role on the presence of private schools in a community, as it could not only minimise the cost of production, but also ensure a hi...

by Sarmistha Pal | On 15 Jan 2016

Public Infrastructure as a Determinant of Intertemporal and Interregional Productive Performance in China

This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both over time and across regions. It finds that public infrastructure is a significan...

by | On 15 Jan 2016

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

This paper assesses the effects of combining fiscal austerity with flexibilization policies aimed at reducing labour costs and increasing competitiveness. Core to our analysis is a global perspective...

by | On 11 Jan 2016

Reason, Empathy, and Fair Play: The Climate Policy Gap

To achieve the greatest possible human welfare, the Stockholm Environment Institute’s Climate and Regional Economics of Development (CRED) model calls for rapid reduction of greenhouse gas emissions t...

by | On 11 Jan 2016

Will Inequality Lead China to the Middle Income Trap?

China has departed from the East Asian model of development by letting inequality to rise to a high level, which is contributing to China’s current problems of macroeconomic imbalance, declining effic...

by | On 11 Jan 2016

Navigating a Changing World Economy: ASEAN, the People's Republic of China, and India

Most projections envision continued rapid growth in the members of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India (collectively, ACI) over the next...

by Fan Zhai | On 07 Jan 2016

Contracting out the Last-Mile of Service Delivery: Subsidized Food Distribution in Indonesia

The paper examines these issues by conducting a randomized field experiment in 572 Indonesian localities in which a procurement process was introduced that allowed citizens to bid to take over the imp...

by Abhijit Banerjee | On 07 Jan 2016

Social Protection Brief: Social Security Reform and Economic Modeling Capacity Building in Indonesia

While official poverty in Indonesia is relatively low at 12%, an additional 27% of the population live just above the poverty line and small shocks can drive them back into poverty. Poor and vulnerabl...

by Kefei You | On 01 Jan 2016

Foreign Trade Pattern of Nepal: Gravity Model Approach

This study examines the overall trade pattern of Nepal by using pooled ordinary least square (OLS) along with theone-year lag gross domestic product (GDP). It has also attempted to find the structural...

by | On 01 Jan 2016

Indo-Nepal Trade Relation: The Phenomenon of Black Hole Effect

In the field of international trade, an economy is assumed to be reeling under the 'BLACK HOLE EFFECT' of another economy, if all the major variables of international trade, irrespective of in which c...

by | On 01 Jan 2016

Partial Minimum Wage Compliance

In many developing countries, a significant portion of the wage distribution is found below the legal minimum wage. In order to fully understand the nature of this non-compliance, we need to compare t...

by Delia Furtado | On 01 Jan 2016

Service Sector Productivity and Economic Growth in Asia

This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and...

by Jong-Wha Lee | On 30 Dec 2015

Illegal Immigration and the Shadow Economy

We build a general equilibrium model in which both illegal immigration and the size of the informal sector are endogenously determined. In this framework, we show that indirect policy measures such as...

by Carmen Camacho | On 29 Dec 2015

Urban Systems and Urban Development in the People’s Republic of China

The People’s Republic of China (PRC) is experiencing a trend toward population concentration in its large coastal cities. However, at the same time, there is also a distortion of city size toward smal...

by Zhao Chen | On 29 Dec 2015

Causes and Remedies for Japan’s Long-Lasting Recession: Lessons for the People’s Republic of China

This paper will address why the Japanese economy has been trapped in a prolonged slowdown and will provide some remedies for revitalizing the economy.

by Farhad Taghizadeh-Hesary | On 29 Dec 2015

Southeast Asia and the Economics of Global Climate Stabilization

Southeast Asia is vulnerable to climate change, yet is also on a carbon intensive development trajectory.The Asian Development Bank (ADB) has analyzed the potential role the region can play in climate...

by Jindra Samson | On 29 Dec 2015

Can Social Security Boost Domestic Consumption in the People’s Republic of China?

This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...

by Wang Dewen | On 29 Dec 2015

Response of Stock Markets to Monetary Policy: An Asian Stock Market Perspective

We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through t...

by Farzana Sehrin | On 29 Dec 2015

Gender on the Move: Working on the Migration-Development Nexus from a Gender Perspective

Around the world, a record number of women are now migrating to seek work and better lives. For many, migration yields these benefits; for others, it carries dangerous risks, such as exploitation in d...

by | On 28 Dec 2015

Labour Cost and Export Behaviour of Firms in Indian Textile and Clothing Industry

The implementation of the Agreement on Textile and Clothing (ATC) of the World Trade Organization (WTO) renders both threats and opportunities to India’s Textile and Clothing (T&C) industry in the wak...

by Vinoj Abraham | On 26 Dec 2015

Housing Policies for Asia: A Theoretical Analysis by Use of a Demand and Supply Model

The main objective of this paper is to give an overview of the most commonly used housing policies and to illustrate their economic impact. To facilitate the analysis, we first introduce a simple two-...

by Naoyuki Yoshino | On 24 Dec 2015

Income Distributions, Inequality, and Poverty in Asia, 1992–2010

In this paper, income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated par...

by Duangkamon Chotikapanich | On 24 Dec 2015

Macroeconomic Effects of Oil Price Fluctuations on Emerging and Developed Economies in a Model Incorporating Monetary Variables

The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in...

by Naoyuki Yoshino | On 23 Dec 2015

The Right of Citizens for Time Bound Delivery of Goods and Services and Redressal of their Grievances Bill, 2011: Origin, Need, and Analysis

Tabled by V. Narayanasamy, Minister of State for Personnel, Public Grievances and Pensions, in Lok Sabha in December 2011, The Right of Citizens for Time Bound Delivery of Goods and Services and Redre...

by Amit Chandra | On 21 Dec 2015

Can basic entrepreneurship transform the economic lives of the poor?

The world’s poorest people lack capital and skills and toil for others in occupations that others shun. Using a large-scale and long-term randomized control trial in Bangladesh this paper demonstrates...

by Munshi Sulaiman | On 18 Dec 2015

Income Inequality and Labour Income Share in G20 Countries: Trends, Impacts and Causes

The paper present concise evidence of recent trends in inequality and labour income shares and to identify possible causes as a basis for developing potential policy responses. This report takes up th...

by Internaional Labour Organization [ILO] | On 17 Dec 2015

Per - child Funding Model for Financing School Education in India

The paper examines the current state of funding of school education in India and identifies the inefficiencies and arbitrary nature of allocation of the system and suggests an alternative per-child fu...

by Centre for Civil Society CCS | On 15 Dec 2015

A Community Based Micro Hydro: A Promising Technology for Rural Development in Nepal

The study finds that micro hydro (MH) has significant impact on reduction in fuel wood consumption. Communities are more inclined to harvest fuel wood from government forest. These led to the promotio...

by Bishwa Koirala | On 15 Dec 2015

Gender Equality and Sustainable Development

The immense social, economic and environmental consequences of climate change and loss of essential ecosystems are becoming clear. Their effects are already being felt in floods, droughts, and devasta...

by | On 07 Dec 2015

Follow-up and Review of the SDGs: Fulfilling our Commitments

This paper considers the challenge of establishing a robust follow-up and review mechanism to support such implementation. The paper underscores the importance of the follow-up and review process taki...

by | On 04 Dec 2015

Intergenerational Educational Persistence among Daughters: Evidence from India

The paper examines educational transmission between fathers (mothers) and daughters in India for daughters born during 1962-1991. We find that educational persistence, as measured by the regression co...

by Mehtabul Azam | On 01 Dec 2015

A Review of Issues Pertaining to Distribution of Liquefied Petroleum Gas and Superior Kerosene Oil in Bhutan

LPG and Superior Kerosene Oil (SKO), are not only important sources of fuel, but also commodities whose price is subsidized to benefit the people of Bhutan. Therefore, it is important to ensure smooth...

by National Council Economic Affairs Committee | On 27 Nov 2015

India Approaches Replacement Fertility

This Population Bulletin updates a previous Bulletin from 2006, India's Population Reality: Reconciling Change and Tradition. India's population (currently at 1.3 billion) will exceed China's before 2...

by O.P. Sharma | On 18 Nov 2015

Employment and Economic Class in the Developing World

This paper introduces a model for generating national estimates and projections of the distribution of the employed across five economic classes for 142 developing countries over the period 1991 to 20...

by | On 10 Nov 2015

Upgrading a Piped Water Supply from Intermittent to Continuous Delivery and Association with Waterborne Illness: A Matched Cohort Study in Urban India

Intermittent delivery of piped water can lead to waterborne illness through contamination in the pipelines or during household storage, use of unsafe water sources during intermittencies, and limite...

by Ayse Ercumen | On 05 Nov 2015

Performance of Targeted Public Distribution System in Kerala

Targeted Public Distribution System was introduced in the country following the failure of the Universal PDS to serve below the poverty line and poorest of the poor households.It is being implemente...

by T Jayan | On 04 Nov 2015

Natural Interest Rate: Assessing the Stance of India’s Monetary Policy under Uncertainty

Using a theoretical framework that combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics, and applying the Kalman filter estimation technique, this paper finds that Indi...

by Harendra Behera | On 16 Oct 2015

India’s Food Grain Policies and the Public Distribution System: The Case of Rice. Who Wins, Who Loses, and by How Much?

Indian governments follow highly interventionist policies on food grains, especially rice and wheat. These policies include import and export controls which insulate the domestic market from world mar...

by Garry Pursell | On 14 Oct 2015

Inequality: Trends, Harms and New Agendas

The paper focuses on within-country inequalities. It discusses in particular how the consequences of inequality are shaped by specific mechanisms that operate at the national, community and individual...

by | On 13 Oct 2015

Labour, Globalization and Inequality: Are Trade Unions Still Redistributive?

Based on a newly-developed data set combining information on industrial relations and labour law, various dimensions of globalization, and controls for demand and supply of skilled labour, this paper...

by | On 12 Oct 2015

Dividend Policy and Role of Corporate Governance in Manufacturing Sector of Pakistan

This study examines the relationship between internal mechanisms and external mechanisms of corporate governance and dividend policy for 100 manufacturing firms listed on Karachi Stock Exchange over...

by | On 08 Oct 2015

South Asian Diaspora: A Changing Landscape

This paper is an attempt to expand the debate on the impact that the South Asian Diaspora groups are having on the countries of their origin. It goes beyond the discussion of the quantum and structure...

by | On 08 Oct 2015

Why We Should Pay Attention to the Middle Class

The middle class plays a critical role in the development of a country. It is not only expected to create employment as business start-ups but also to boost investment and production as consumers. Thi...

by Martin Joseph M. Raymundo | On 07 Oct 2015

Scarce Land: Issues, Evidence and Impact

This paper was written in response to something that happened at one session of the 2013 Cuddalore Conference of the All India Kisan Sabha (AIKS). In India, net sown area had expanded from 1950-51 up...

by Sheila Bhalla | On 01 Oct 2015

Role and Effectiveness of Public Distribution System in Assuring Food Security in India: An Appraisal

This paper tries to identify food insecure population of the country, analyse the availability, storage, procurement of food grain , assess the effectiveness of PDS, identify the discrepancies in the...

by Ishita Aditya Ray | On 28 Sep 2015

Impact of Climate Change on Yield of Major Food Crops in Tamil Nadu, India

This study uses panel data for 39 years and 13 districts to estimate the yield sensitivity of major food crops to climate change in the South Indian state of Tamil Nadu. It first estimated the margina...

by V. Saravanakumar | On 25 Sep 2015

Demand for Piped Drinking Water and a formal Sewer System in Bhutan

In this study, it is estimate the demand for sewage connections and piped drinking water in Bhutan. To estimate household willingness to pay for these services, the data is used from a sample of 18,76...

by | On 24 Sep 2015

The Nexus between Agriculture and Nutrition: Do Growth Patterns and Conditional Factors Matter?

This paper seeks to provide an overview of the complex and dynamic relationship between nutrition and growth, examine how different growth patterns lead to different nutritional outcomes, and identif...

by | On 22 Sep 2015

Report of the Working Group on Public Distribution System and Food Security for the Tenth Five Year Plan (2002-2007)

This planning commission report on Food Security deals with the changing consumption pattern for food in India and reviews some studies on demand and supply projections for cereals in India. It also e...

by Planning Commission | On 21 Sep 2015

Designing and Evaluating Social Safety Nets: Theory, Evidence, and Policy Conclusions

This paper reviews the literature on the performance of commonly found social safety net programs in developing countries. The evidence suggests that universal food subsidies have very limited potenti...

by | On 18 Sep 2015

Losing Our Minds? New Research Directions on Skilled Migration and Development

This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a cor...

by Michael Clemens | On 16 Sep 2015

Addressing the Employment Challenge: India's MGNREGA

This paper examines, in particular, the effects of the National Rural Employment Guarantee Scheme (NREGS) programme on employment, wages and incomes of the rural poor. It also considers its effect on...

by | On 14 Sep 2015

The Role of Establishments and the Concentration of Occupations in Wage Inequality

This paper uses the microdata of the Occupational Employment Statistics (OES) Survey to assess the contribution of occupational concentration to wage inequality between establishments and its growth o...

by | On 09 Sep 2015

Interrelation Between Growth and Inequality

The paper highlights the importance of “broad-based growth” as a framework to support economic growth and inclusiveness at the same time. Different countries show different dynamics between economic g...

by Jong Woo Kang | On 07 Sep 2015

Income Inequality, Poverty and Labor Migration in Thailand

This paper explores the dynamics of economic growth, poverty, inequality and migration in Thailand, and evaluates the relevance of Lewis model to Thailand’s long-term development. Thai economy seems t...

by Somchai Jitsuchon | On 03 Sep 2015

Globalization, Liberalization and Income Inequality: The Case of China

This paper studies the mutual effects of globalization, liberalization and income inequality using a case study of China. Comparing the trends of economic growth and income distribution, it found that...

by Jinjun Xue | On 03 Sep 2015

Excess Food Stocks, PDS and Procurement Policy

This planning commission paper tries to examine some of the factors that have led to accumulation of excess food grain stocks and make policy prescription on how to deal with the problem of surplus fo...

by Arvind Virmani | On 25 Aug 2015

Reforming Internet Governance and the Role of China

This paper examines the issue of internet governance and analyzes the developments and challenges in reforming the current system. With state and non-state actors alike seeking to influence the way th...

by | On 25 Aug 2015

High School Experiences, the Gender Wage Gap, and the Selection of Occupation

This paper finds that high-school leadership experiences explain a significant portion of the residual gender wage gap and selection into management occupations. The results imply that high-school lea...

by | On 24 Aug 2015

Inequalities and Their Measurement

This paper is a review of the recent advances in the measurement of inequality. Inequality can have several dimensions. Economists are mostly concerned with the income and consumption dimensions of in...

by Almas Heshmati | On 24 Aug 2015

Demand for Watershed Services: Understanding Local Preferences through a Choice Experiment in the Koshi Basin of Nepal

This study undertakes a choice experiment in order to identify differences in local demand for watershed services in the Koshi basin of Nepal. The paper first examines the possibility of using a non-m...

by Rajesh Kumar Rai | On 20 Aug 2015

Child Work and Schooling in Pakistan— To What Extent Poverty and Other Demographic and Parental Background Matter?

Keeping into consideration the far-reaching social and economic impact of child work both for the children involved and society as a whole, in this study an attempt has been made to disentangle the c...

by Madeeha Gohar Qureshi | On 18 Aug 2015

Capturing Willingness to Pay and Its Determinants for Improved Solid Waste Management

A dignified and healthy life remains a distant nightmare to the large majority of population in developing countries including Pakistan. Large masses living in this world particularly South Asian cou...

by | On 18 Aug 2015

Impact of Climate Change on Agricultural Growth in Nepal

The concern of climate change have emphasized in the field of economics too owing to the challenge of adapting to global warming for sustainable development and growth. This challenge becomes central...

by | On 17 Aug 2015

Moving Beyond ‘Supply And Demand’ Catchphrases: Assessing the Uses and Limitations of Demand-Based Approaches in Anti-Trafficking

The need to reduce ‘demand’ for trafficked persons is widely mentioned in the anti-trafficking sector but few have looked at ‘demand’ critically or substantively. Some ‘demand’-based approaches have b...

by Global Alliance Against Trafficking in Women (GAATW) | On 10 Aug 2015

Measuring and Explaining Subjective Well-being in Korea

Subjective well-being has attracted sharply increasing attention among researchers and policy makers in recent years. The public also pays a lot of attention to it, evidenced by the heavy use of the w...

by | On 06 Aug 2015

Wealth Inequality: China and India

This paper examines wealth distribution in China and India. As China and India have witnessed significant growth rates between 1980 and 2000s, how this growth has been distributed amongst its citizens...

by | On 30 Jul 2015

Long-Run Trends in the Distribution of Income and Wealth

This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses suggested explanations for the observed patterns. It tries to answer questions such as...

by | On 30 Jul 2015

Youth in India: Situation and Needs

The Youth in India: Situation and Needs study (referred to as the Youth Study) is the first-ever sub-nationally representative study conducted to identify key transitions experienced by youth, includi...

by | On 27 Jul 2015

Freedom to Marry: The Constitutional Choice and KHAP Panchayats

This paper talks about the right to marry as an essential freedom of all human beings as it relates to their right to self-expression and their right to associate with a person of their choice. The au...

by | On 27 Jul 2015

Food Inflation in India: Causes and Consequences

Average food inflation in India during the period 2006-2013 was one of the highest among emerging market economies, and nearly double the inflation witnessed in India during the previous decade. In...

by Rudrani Bhattacharya | On 20 Jul 2015

Recession and Child Labor: A Theoretical Analysis

Child labor (CL) has been a major concern for the developing world, especially for India with its goal towards ‘inclusive growth’. However, impact (or vulnerabilities) of major domestic or external sp...

by Sahana Roy Chowdhury | On 16 Jul 2015

Child Work and Schooling in Pakistan - To What Extent Poverty and Other Demographic and Parental Background Matter?

In this study an attempt has been made to disentangle the child employment and schooling tradeoff with perspective to understand the effect of income deprivation measures and other non-income factors...

by Saman Nazir | On 15 Jul 2015

Inflation Targeting for India? The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 09 Jul 2015

Inflation Targeting India: Select Issues

The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...

by Charan Singh | On 18 Jun 2015

Inequality, income Distribution and Growth in Maharashtra in the 2000s

The paper analyses the inter-district inequality of per capita incomes in Maharashtra for the period 2001-2009 and finds that inter-district inequality rose for the period 2001-05 and subsequently dec...

by Neeraj Hatekar | On 10 Jun 2015

When the Kerala Model of Development is Historicised: A Chronological Perspective

It is proposed in this study that the development experience in Kerala has resulted ultimately in weakening the material basis of public action. On limited evidence it is pointed out that the poor in...

by P.K.Michael Tharakan | On 10 Jun 2015

Performance Evaluation of Targeted Public Distribution System (TPDS)

The study finds that about 58 per cent of the subsidized food grains issued from the Central Pool do not reach the BPL families because of identification errors, nontransparent operation and unethical...

by Planning Commission | On 08 May 2015

Nutritional Intake in India (July 2009 - June 2010)

This report presents the information on nutritional intake by the Indian population. Among the different nutrients only three nutrients – viz, calorie, protein and fat – are discussed in this report....

by National Sample Survey Office NSSO | On 05 May 2015

Aging and Migration in a Transition Economy: The Case of China

Post-reform China has been experiencing two major demographic changes, an extraordinary amount of internal migration and an aging population. We present a general migration model which captures the id...

by Kailing Shen | On 22 Apr 2015

Economic Survey of Maharashtra 2014-15

Maharashra Government, State Economy, Population, State income, Prices & Public Distribution System, Public Finance, Institutional Finance & Capital Market, Agriculture & Allied Activities, infrastru...

by Government of Maharashtra | On 09 Apr 2015

Capital for House-Based Industries: A Case Study in West Bengal

The lack of access to formal credit at affordable cost (effective interest) is the most critical constraint faced by the rural entrepreneurs to get involved in productive profitable business activit...

by Shrabani Mukherjee | On 27 Mar 2015

Towards A Pareto Efficient Indian Agricultural Market - with specific focus on rice and wheat markets

The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...

by Dr Anandi Subramanian | On 23 Mar 2015

Stability and Transitions in Emerging Market Policy Rules

Conditions for stability in an open economy dynamic stochastic general equilibrium model adapted to a dualistic labor market (SOEME) are the same as for a mature economy. But the introduction of mon...

by Ashima Goyal | On 11 Mar 2015

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of households receiving seven time...

by | On 11 Mar 2015

Relations between Corruption and Human Rights in North Korea

North Korea’s public distribution system has been maintained somewhat perfunctorily since its severe economic hardship in the 1990s. However in reality, rationing to the working class has been suspend...

by | On 20 Jan 2015

Towards A Pareto Efficient Indian Agricultural Market - with Specific Focus on Rice and Wheat Markets

The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...

by Anandi Subramanian | On 16 Jan 2015

Trade Liberalization, Poverty and Food Security in India

This paper attempts to assess the impact of trade liberalization on growth, poverty, and food security in India with the help of a national level computable general equilibrium (CGE) model. It shows t...

by | On 29 Dec 2014

Nutritional Intake in India, 2011-12

This report is based on information collected during 2011-12 from 7469 villages and 5268 urban blocks spread over the entire country. Two different schedules were used to collect information on cons...

by National Sample Survey Office NSSO | On 23 Dec 2014

Food and Nutrition Security Status in India: Opportunities for Investment Partnerships

Ensuring food and nutrition security is a challenge for India, given its huge population and high levels of poverty and malnutrition. India is a net agricultural exporter, particularly of milk, fruit...

by T. Nanda Kumar | On 18 Dec 2014

A Nutrition Secure India: Role of Agriculture

India continues to suffer from under-nutrition among large sections of its population. The country is unlikely to realise the first millennium development goal by 2015. How can agriculture be us...

by Suneetha Kadiyala | On 18 Dec 2014

Food Price Subsidies and Nutrition: Evidence from State Reforms to India’s Public Distribution System

It investigate whether food price subsidies affect household nutrition using a dramatic expansion of the availability of subsidized rice in the Indian state of Chhattisgarh in the early 2000’s. Hous...

by Prasad Krishnamurthy | On 28 Nov 2014

Poverty-Hunger Divergence in India

The usual explanations for the divergence between calorie intake and consumption expenditure in India ignore the enormous squeeze on food budgets arising from dispossession (leading to loss of a...

by Deepankar Basu | On 28 Nov 2014

Agricultural Transformation and Food Security in India: Lessons for Southeast Asia

This article seeks firstly to look at the three aspects of food security in India, viz., food availability, accessibility, and absorption. Secondly, an attempt has been made to study food security in...

by Reshmi Banerjee | On 27 Nov 2014

Enhancing the Nutrition-Sensitivity of Agricultural Development Interventions in the Eastern Gangetic Plains: Challenges and Options

This background paper aims first is to outline the rationale and merits for enhancing the nutrition-sensitivity of agricultural interventions in general, highlighting recognised pathways which lin...

by Toni Darbas | On 20 Nov 2014

Global Nutrition Report 2014

This Global Nutrition Report is the first in an annual series. It tracks worldwide progress in improving nutrition status, identifies bottlenecks to change, highlights opportunities for action, and co...

by Independent Expert Group (IEG) | On 17 Nov 2014

Measures, Spatial Profile and Determinants of Dietary Diversity: Evidence from India

Food security policies in developing countries generally focus on calorie intake, which is not sufficient to tackle the triple burden of malnutrition: undernourishment, micronutrient deficiencies and...

by Mousumi Das | On 14 Nov 2014

Neighborhood and Agricultural Clusters across States of India

In this study how number and members of income clusters have changed in Indian agriculture over the last four and a half decades are traced. Two features which stand out in our results are that not a...

by Tirtha Chaterjee | On 14 Nov 2014

Prioritizing Demand-Driven Agricultural Research for Development in India

India has shown an impressive economic growth of about 8 percent per year in the last decade. But the coexistence of impressive growth with widespread poverty and hunger is a real worry and a seri...

by Asia-Pacific Association of Agricultural Research Institutions | On 12 Nov 2014

Governance Issues and Challenges in Implementation Of National Food Security Act 2013

India is a developing country having 2nd highest population in the world. Even after 66 years of its independence, County is facing a serious issue of poverty and malnutrition. The Government of I...

by Hitesh S. Gujarati | On 29 Oct 2014

The Soya Project: Farm Evangelists

In 2008, two earnest young men set out to boost soya bean yields in the semi-arid region of Bundi in Rajasthan. Rainfall there is meagre and the soil lacks nutrients. But there are ready buyers for so...

by Civil Society | On 20 Oct 2014

Public Distribution System of Essential Commodities as a Social Safety Net: A Study of the District of Allahabad, Uttar Pradesh

The study concentrates on PDS as a social safety net.

by Bhaskar Majumder | On 17 Oct 2014

Fighting Child Malnutrition

India has the dubious distinction of having the highest burden of malnutrition in the world – higher than Sub-Saharan Africa. Nearly 50 per cent of our children are underweight and stunted and 70...

by National Academy of Agricultural Sciences, India | On 16 Oct 2014

Does Parental Education Affect the Impact of Provision of Health Care on Health Status of Children? - Evidence from India

The objective of the study is to analyse the impact of provision of health care facilities on the child health status taking into account the utilization of these available facilities. The study offer...

by Runu Bhatka | On 19 Sep 2014

Food Security and Nutrition: Vision 2020

The concept of food security has undergone considerable changes in recent years. Food availability and stability were considered good measures of food security till the seventies and the achievement o...

by K. Venkata Reddy | On 18 Sep 2014

SEWA: Supporting Village-Level Organizations to Improve Rural Livelihoods

In spite of the rapid growth of the Indian economy, the fraction of the rural population living in poverty has declined only modestly. Increasing indebtedness, rises in input prices, and rapid commerc...

by Raj M. Desai | On 17 Sep 2014

Scaling up Agricultural Supply Chains in the Private Sector

This brief is one of series on scaling up in agriculture, rural development, and nutrition. PepsiCo is a global business operating in more than 200 countries and territories and rooted in creating and...

by Beth Sauerhaft | On 17 Sep 2014

National Population Policy

The National Population Policy, 2000 (NPP 2000) affirms the commitment of government towards voluntary and informed choice and consent of citizens while availing of reproductive health care services,...

by Government of Odisha | On 09 Sep 2014

Child Work and Schooling in Pakistan— To What Extent Poverty and Other Demographic and Parental Background Matter?

Keeping into consideration the far-reaching social and economic impact of child work both for the children involved and society as a whole, in this study an attempt has been made to disentangle the ch...

by Madeeha Gohar Qureshi | On 04 Sep 2014

Food Stamps: A Model for India

About 4.5 lakh fair price shops in India sell 10-20 lakh tons of rice and wheat at the subsidized rate per month. Majority of the ration shops are in urban areas, they are hardly ever open and only a...

by Parth Shah | On 27 Aug 2014

Unemployment Burden and its Distribution: Theory and Evidence from India

To develop a measure of unemployment that takes into account both the level and intensity of unemployment and that satisfies several desirable properties, including distribution sensitivity (dealing w...

by Sripad Motiram | On 25 Aug 2014

India's Public Distribution System: A National and International Perspective

This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional impr...

by R. Radhakrishna | On 07 Jul 2014

Growth and Structure of Workforce in India : An Analysis of Census 2011 Data

Census 2011 brings new dimension to ongoing debate on the decline in the growth of employment from the last two decade. The census 2011 result gives better picture when compared with NSSO estimation o...

by Suresh Veslawatha | On 23 May 2014

Growth of the Urban Shadow, Spatial Distribution of Economic Activities and Commuting by Workers in Rural and Urban India

Unlike migration, scant attention has been paid to the phenomenon of commuting by workers in developing countries. This paper fills this gap by using a nationally representative data set from India t...

by Ajay Sharma | On 20 May 2014

Annual Report 2010-11 Department Of Food and Public Distribution

The primary Policy objective of the Department of Food& Public Distribution is to ensure food security for the country through timely and efficient procurement and distribution of foodgrains. This inv...

by MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DIST GOI | On 05 May 2014

Farmers’ Preferences for Climate-Smart Agriculture: An Assessment in the Indo-Gangetic Plain

This study was undertaken to assess farmers’ preferences and willingness to pay (WTP) for various climate-smart interventions in the Indo-Gangetic Plain. To assess farmers’ choices and their WTP for t...

by Garima Taneja | On 07 Apr 2014

Debating Poverty

The first of a series of eSSays dossiers on issues of public concern. Guest editor: M.H. Suryanarayana. Contents: Poverty Line: Pursuit of an Elusive Minimum by M.H. Suryanarayana Fixing Poverty...

by eSocialSciences eSS | On 08 Mar 2014

Neo-Liberal Policy and Food Security in India: Impact on the Public Distribution System

This paper studies the problem of chronic hunger and malnutrition in India. The government of India introduced the Targeted Public Distribution System (TPDS) in 1997 replacing the Universal Public Dis...

by Madhura Swaminathan | On 03 Mar 2014

The Potential Effects of Tobacco Control in China: Projections from the China SimSmoke Simulation Model

This paper studies the potential impact of the programme ‘SimSmoke Tobacco Control Policy’ in China. China is home to about one third of the world's smokers and reducing smoking in China could have an...

by David Levy | On 19 Feb 2014

The 'Poorest Might Catch up': Convergence vs. Pseudo-convergence

Public welfare policies in developing countries have a Rawlsian perspective; they seek to uplift the poor, the poorest of the poor in particular. Policies to enable the poor to catch up with the rich...

by Suryanarayana M H | On 05 Feb 2014

National Food Security Bill Challenges and Options

Despite ensuring ample availability of food, existence of food insecurity at the micro-level in the country has remained a formidable challenge for India. The recently introduced National Food Securit...

by Ashok Gulati | On 23 Jan 2014

Growth and Redistribution: Is there 'Trickle Down' Effect in the Philippines?

The aim of this research is to explore the determinants of household income and expenditure growth, and assess whether the poor are benefitting from economic development. Using regression analysis,...

by Danileen Kristel C Parel | On 17 Jan 2014

Functioning of the Public Distribution System: An Analytical Report

During September 2013, Parliament passed the National Food Security Act (NFSA), 2013. The NFSA seeks to make the right to food a legal entitlement by providing subsidised food grains to nearly two-th...

by Sakshi Balani | On 07 Jan 2014

Child Work and Schooling in Rural North India: What do Time Use Data Say about Tradeoffs and Drivers of Human Capital Investment?

This study examines time use data for 1244 children in the age-group 6-12 years in 274 villages in eight states in rural north India to understand the tradeoffs between time spent in school, time sp...

by Sudha Narayanan | On 02 Dec 2013

Remoteness and Unbalanced Growth: Understanding Divergence Across Indian Districts

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given the relatively free flows of capital, labor and commodities across state borde...

by Samarjit Das | On 27 Nov 2013

Human Influence on Climate Change

According to new assessment by the Intergovernmental Panel on Climate Change (IPCC), human influence on the climate is clearly evident. It is extremely likely that human influence has been the domina...

by Intergovernmental Panel on Climate Change IPCC | On 23 Oct 2013

Human Development in India: Cost of Inequality

The article shows how it is possible to achieve economic growth and equitable income distribution using human development approach through empirical evidence from the state of Kerala.

by Ankush Agrawal | On 14 Oct 2013

Hunger in India

The first step toward change is awareness. Do take out some time to know what's happening in the country we live in. This video has been designed to spread awareness about food insecurity in India,...

by The Hunger Project Project | On 11 Oct 2013

Rural Poverty and the Public Distribution System

Presented are estimates of the impact of India’s Public Distribution System on rural poverty, using National Sample Survey data for 2009-10 and official poverty lines. At the all India level, the PD...

by Jean Dreze | On 27 Sep 2013

The National Food Security Act, 2013

Our public distribution system has been severely criticized for its gaping lacunae. To fill in these gaps, a new Act was originally conceived by the National Advisory Council headed by Congress Presid...

by Ministry of Law, Justice and Company Affairs GOI | On 17 Sep 2013

Climate Variability and Internal Migration: A Test on Indian Inter-State Migration

Migration data is matched from the Indian census with climate data to test the hypothesis of climate variability as a push factor for internal migration. The main contribution of the analysis is to...

by Ingrid Dallmann | On 06 Sep 2013

Food Prices, Wages, and Welfare in Rural India

This paper considers the welfare and distributional consequences of higher relative food prices in rural India through the lens of a specific-factors, general equilibrium, trade model applied at the...

by Hanan G Jacoby | On 22 Aug 2013

An Economic Investigation of Corruption and Electricity Theft

Theft and corruption are common in electricity distribution systems worldwide. Electricity theft is analysed in the framework of an individual’s choice under uncertainty and through a three-layered pr...

by Faisal Jamil | On 10 Jul 2013

Recession and Child Labour: A Theoritical Analysis

This paper provides a theoretical model of the impact of recession (income shock) on household's child labor (CL) decision. Parental altruism is endogenized; as their choice of substituting child lab...

by Sahana Roy Chowdhury | On 25 Jun 2013

Valuing the Damage Caused by Invasive Plant Species in a Low-income Community in Nepal

This paper presents a choice experiment designed to estimate the willingness-to-pay (WTP) of rural farmers to mitigate damages caused by invasive plant species, particularly Mikania micrantha, in the...

by Rajesh Kumar Rai | On 27 May 2013

Compensating Wages for Occupational Risks of Farm Workers in India

Farm workers incur various occupational related risks. The question is whether they are adequately compensated for facing these risks? This paper attempts to measure the wage premiums that farm worker...

by Indira Devi P | On 22 May 2013

Target the Beneficiaries in the 2013-14 Budget

In spite of several programmes in the country to reduce undernutrition, India continues to have a large number malnourished women and children. In the coming Budget the government has to make some eff...

by Rudra Narayan Mishra | On 26 Feb 2013

Juvenile Justice in Different Countries: Age of Criminal Responsibility and Treatment of Juvenile Offenders

In the world, there are three models that inspire administration of juvenile justice: • The Welfare Model • The Justice Model or Control model - Retributive • The Restorative Model The age of c...

by HAQ Centre for Child Rights HAQCRC | On 06 Feb 2013

Property Tax System in India: Problems and Prospects of Reform

This paper analyses the property tax system in India, examines the reasons for its low revenue productivity, reviews the recent reform initiatives and identifies further reform areas. [NIPFP Working P...

by M. Govinda Rao | On 06 Feb 2013

WEATHER SHOCKS, SPOT AND FUTURES AGRICULTURAL COMMODITY PRICES: AN ANALYSIS FOR INDIA

We analyze the impact of climate shocks on price formation in spot and futures market for food in India where until the recent introduction of commodity futures markets in 2005, the transmission of th...

by N R Bhanumurthy | On 05 Nov 2012

Food Subsidy in India: Trends, Causes and Policy Reform Options

This paper analyses the trends in volume of food subsidy in the post-reforms period (1991-92 to 2012-13) and then examines various components of food subsidy, which are under the control of FCI and th...

by Vijay Paul Sharma | On 20 Sep 2012

The Heterogeneous Welfare Impacts of Participation in Contract Farming Schemes: Evidence from Southern India

The heterogeneity of welfare impacts of contract farming participation is demonstrated by estimating an endogenous switching model using survey data for 474 farmers in four commodity sectors, gherkin...

by Sudha Narayanan | On 06 Sep 2012

Integrating Mental Health and Development: A Case Study of the BasicNeeds Model in Nepal

The BasicNeeds model of Mental Health and Development (MHD), Nepal emphasizes user empowerment, community development, strengthening of health systems, and policy influencing. The Nepal program was...

by Shoba Raja | On 24 Aug 2012

Environmental Changes and Ripples for Water Security in Southern States

Environmental change is regarded by many geopolitical experts as one of the biggest threats to international security in the coming years. In Southern Asia, its impact on rivers, and thus water secur...

by Dhanasree Jayaram | On 07 Aug 2012

Determinants of On-the-job Search in India: Macro and Micro Evidences

The main aim of this paper is to examine two core features of on-the-job search in India. First, based on National Sample Survey (NSS) 66th round unit level data, we identify the factors influencing t...

by Krishna M | On 27 Jul 2012

The Salween River Basin: Dam Cascades Threaten Biological and Cultural Diversity

F rom its headwaters in the Tibetan Plateau to its estuary in Burma, the Salween River supports over ten million people. For many decades, it was the longest free-flowing river in Southeast Asia. It...

by International Rivers Network IRN | On 17 Jul 2012

Determinants of Child Morbidity and Factors Governing Utilisation of Child Health Care: Evidence from Rural India

The objective in this paper is to estimate the role played by such factors in determining the utilisation of formal health care to cure diarrhoea and certain respiratory illnesses plaguing young ch...

by Anindita Chakrabarti | On 02 Jul 2012

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

A comprehense documentation - using both annual and quarterly data - an exhaustive set of stylized facts for the Indian business cycle in the pre and post reform period, the data is used to report...

by Chetan Ghate | On 19 Jun 2012

What Should Regulation do in the Field of Micro-finance?

Recent events in India have brought a fresh focus on the appropriate regulatory stance towards micro-finance. In this paper, facts and recent experience about Indian microfinance is reviewed. The puz...

by Renuka Sane | On 19 Jun 2012

Are Drone Strikes Effective in Afghanistan and Pakistan? On the Dynamics of Violence between the United States and the Taliban

Strikes by unmanned aerial vehicles, or drones, have been the primary weapon used by the United States to combat the Taliban and Al-Qaeda in Afghanistan and Pakistan. This paper examines the dynamic...

by David A. Jaeger | On 01 Jun 2012

Price Support, Domestic Procurement Programme and Public Stock Management

This Policy Brief discusses the policy options for improving effectiveness of price support, domestic procurement programme and public stock management in Bangladesh. It has been funded by th...

by Quazi Shahabuddin | On 01 Jun 2012

An Assessment of Inflation Modelling in India

This study analyses India’s inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we need three variables: (1) inflation (2) the output gap and (3) the real effective...

by Karan Singh | On 26 Apr 2012

Modeling Optimal Time-Differential Pricing of Electricity Under Uncertainty: Revisiting the Welfare Foundations

Modeling of the seasonal time-of-day pricing is done of electricity for two types of power systems – pure hydro and hydro-thermal under four structural welfare assumptions – first-best, second-best,...

by N. Vijayamohanan Pillai | On 20 Apr 2012

Rural Labor and Rural Nonagricultural Activities in the Philippines

The study examines the different aspects of labor in the rural household economy. It identifies the factors that significantly determine the rural households' labor allocation decisions. Moreover, i...

by Maria Teresa C Sanchez | On 18 Apr 2012

Do Changes in Distance-to-default Anticipate Changes in the Credit Rating?

Distance-to-default (DtD) from the Merton model has been used in the credit risk literature, most successfully as an input into reduced form models for forecasting default. [WP-2012-010]. URL:[http:...

by Nidhi Aggarwal | On 10 Apr 2012

The Iban Population of Sarawak: 1947-2000

The paper gives an analysis and description of the quantity and quality of the Iban population of Sarawak. The information about the pattern and trends of change of the population over time is also sh...

by Lam Chee Kheung | On 09 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying f...

by Safia Shabbir | On 09 Apr 2012

Highlights of Madhya Pradesh Budget 2012-13

The salient features of the budget estimates of 2012-13 of Madhya Pradesh. [Ministry of Finance Madhya Pradesh]. URL:[http://www.mp.gov.in/finance/index.htm].

by Madhya Pradesh Government | On 04 Apr 2012

Patterns of Labour Market Insecurity in Rural India: A Multidimensional and Multivariate Analysis

Labour market insecurity, recognised as pervasive in rural India, is multi-faceted. This study attempts to fill a gap in the research on key dimensions of labour market insecurity by using the Natio...

by Padmini Desikachar | On 02 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust est...

by Khurram Ashfaq Baluch | On 30 Mar 2012

Oil Price Shock, Pass-through Policy and its Impact on India

This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy...

by N R Bhanumurthy | On 16 Mar 2012

The Second Fundamental Theorem of Positive Economics

Welfare Economics is fortunate that there are two Fundamental Theorems of Welfare Economics. Positive Economics on the other hand is seemingly endowed with none. One of the fundamental results of Posi...

by Anjan Mukherji | On 15 Mar 2012

Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India

The purpose of this report is twofold. First, a compendium of relevant data is presented on the state of the services sector in the ACI (ASEAN, PRC and India) countries, focusing on its contribution t...

by Ben Shepherd | On 12 Mar 2012

How has the Indian Corporate Sector Responded to Two Decades of Economic Reforms in India? An Exploration of Patterns and Trends

In the context of various policy initiatives made during the last two decades to reform the Indian economy in general and corporate sector in particular, the present paper attempts to assess how the...

by Rakesh Basant | On 07 Mar 2012

On the Road: Access to Transportation Infrastructure and Economic Growth in China

This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous pl...

by Abhijit Banerjee | On 02 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Electoral Rules, Forms of Government and Redistributive Policy: Evidence from Agriculture and Food Policies

The effect of electoral rules and forms of government on public policy outcomes using a new dataset on agriculture and food policies from 74 countries over the 1960-2005 period is investigated. Using...

by Alessandro Olper | On 22 Feb 2012

Violent Conflict and Human Capital Accumulation

This paper reviews and discusses available empirical research on the impact of violent conflict on the level and access to education of civilian and combatant populations affected by violence. Three ...

by Patricia Justino | On 15 Feb 2012

Formalizing the Informal Economy: Women’s Autonomous Self-Employment in Rural South India

This paper considers the effects of contemporary restructuring of women and men’s employment in rural south India alongside ongoing efforts to recast India’s poor rural women as entrepreneurs. This s...

by Samantha Watson | On 15 Feb 2012

Agriculture-Nutrition Linkages and Policies in India

This paper looks at some key entry points for agriculture to influence nutrition and suggests policies for nutrition-sensitive agricultural development, within the current policy framework. In additi...

by S.Mahendra Dev | On 07 Feb 2012

On the Blowout Preventer Testing Problem: An Approach to Checking for Leakage in BOP Networks

Blowout Preventers (BOPs) and choke manifolds are key pieces of drilling rig equipment to prevent the uncontrolled release of potentially hazardous formation fluids to surface. The blowout prevent...

by Diptesh Ghosh | On 19 Jan 2012

Right to Food Security Bill: Challenges and Opportunities

The financial implications of the food security bill can be questioned. But the Bill proposes to protect the citizens from hunger and improve the nutritional intake of women and children.

by Rudra Narayan Mishra | On 30 Dec 2011

The National Food Security Bill, 2011-as introduced in Lok Sabha

A bill to provide for food and nutritional security in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable prices to people to live a life with dignity...

by Lok Sabha | On 30 Dec 2011

Consultation Report on Strengthening the Role of Agriculture for a Nutrition Secure India

The Indira Gandhi Institute of Development Research (IGIDR), Mumbai and the International Food Policy Research Institute (IFPRI), New Delhi organized a workshop ‘Strengthening the Role of Agriculture...

by Srijit Mishra | On 27 Dec 2011

A Conceptual Overview of Structural Equation Modeling

A synthesized version of Structural Equation Modelling (SEM) and its possible applications in Management problems is presented. The main contribution of the paper is its simple description of a some...

by Tathagata Banerjee | On 27 Dec 2011

Consumption Taxes: Their Ramifications for Income Distribution

The distribution effects or incidence of consumption taxes such as the Value Added Tax (VAT), Goods and Services Tax (GST) remains a contentious issue. Three aspects have to be distinguished. First is...

by Parthasarathi Shome | On 13 Dec 2011

A Regulatory Approach to Financial Product Advice and Distribution

Financial distribution, where the distributor is the agent of both the product provider and the customer, has been found to inherently work against the interests of customers, in the form of high ser...

by M Sahoo | On 08 Dec 2011

'You Want to Win, Don't You?' Need for a Psychological Model of PED Use in Developing Countries

The social, cultural, economic and demographic context of a country need to be integrated with a psychological paradigm for examining PED use especially in developing countries i.e. The models ...

by Kaveri Prakash | On 01 Dec 2011

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

Informal Labour and Credit Markets: A Survey

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modelling informality within both partial and general equilibrium e...

by Nicoletta Batini | On 24 Nov 2011

How Prudent are Rural Households in Developing Transition Economies: Evidence from Zhejiang, China

Rural households in developing economies frequently use precautionary saving to cope with income risk. Such prudent behavior can be strengthened in transition economies where more risks are typically...

by Ling Jin | On 23 Nov 2011

Do Auction Bids Betray Expectations-Based Reference Dependent Preferences? A Test, Experimental Evidence, and Estimates of Loss Aversion

A novel experimental auction design that exploits an exogenous variation in the probability of winning to test for the presence of expectations-based reference dependent preferences is provided. [Wo...

by Abhijit Banerji | On 22 Nov 2011

Brand India: No Equity for Children

India has embarked upon an economic model driven by the free market incorporating processes of liberalisation, privatisation and globalisation. Our children today live, in what some describe as “Brand...

by HAQ Centre for Child Rights HAQCRC | On 10 Nov 2011

The Determinants of Export Performance of China's Township-Village Enterprises

The rapid export growth of China's township-village enterprises (TVEs) has not been well understood and explained. Using a simple analytical model and exploring a unique dataset on China's TVEs the...

by Changqi Wu | On 08 Nov 2011

Comparison of Privatization Processes of Telecom Services in India and Brazil

Apart from being BRIC countries, what India and Brazil have in common is a large service sector that contributes significantly to the GDP. The service sector contributed 66% to the Brazilian GDP and 5...

by Rekha Jain | On 18 Oct 2011

User-based Financing of Marine Protection in the Maldives

This paper provides an economic valuation of the recreational uses of atoll-based marine resources in the Republic of the Maldives. A travel demand model to estimate the benefits of atoll-based marin...

by Mahadev G Bhat | On 30 Sep 2011

What Causes Agglomeration? – Policy or Infrastructure – A Study of Indian Manufacturing Industry

This paper investigates whether industrial dispersal policy is more potent or the natural and agglomeration cost advantages are important in influencing locational choice of a firm. To carry out the a...

by Vinish Kathuria | On 22 Sep 2011

The National Food Security Bill, 2011

A Bill to provide for food and nutritional security, in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable prices, for people to live a life with dign...

by Department of Food and Public Distribution Fcamin | On 14 Sep 2011

Agricultural Economy of India and Macro-Economic Effects: Some Empirical Results and a Research Agenda based on the Literature

This paper focuses on macroeconomic linkages with agriculture. From an extensive literature review the question that emerges is: is there a structural constraint in Indian agriculture or does Indian...

by Munish Alagh | On 02 Sep 2011

Infrastructure Investment and Regional Economic Growth: A Case Study of Maharashtra

The study initially reviews the infrastructure facilities for the 33 districts of Maharashtra for one year i.e.1999-2000. Using this, the extent of disparities between these regions is found. Further...

by A M Swaminathan | On 29 Aug 2011

Drivers of Agricultural Diversification in India, Haryana and the Greenbelt Farms of India

The present study discusses factors responsible for agricultural diversification at different levels: country (India), state (Haryana) and farms of Kurukshetra district in Haryana. The study regress...

by Brajesh Jha | On 29 Aug 2011

Institutional Innovations and Models in the Development of Agro-Food Industries in India: Strengths, Weaknesses and Lessons

Agro-industries are given high priority in India particularly because of their great potential for contributing to development. The emphasis on village-based agro-industries was introduced almost a...

by Vasant P Gandhi | On 29 Aug 2011

Policy Dilemmas in India: The Impact of Changes in Agricultural Prices on Rural and Urban Poverty

Trade policy reforms which lead to changes in world prices of agricultural commodities or domestic policies aimed at affecting agricultural prices are often seen as causing a policy dilemma: a fall...

by Sandra Polaski | On 26 Aug 2011

Tax Devolution and Grant Distribution to States in India Analysis and Roadmap for Alternatives, December 2009

The paper attempts to analyse the impact of devolution of taxes and distribution grants by the Centre to the States in India by taking fourteen major States for the time period 1980-81 to 2006-07. T...

by R. Mohan | On 24 Aug 2011

Poverty and Food Insecurity in India: A Disaggregated Regional Profile

This study provides a profile of deprivation with respect to consumer expenditure, cereal consumption and energy intake across demographic and agro-climatic regions as defined by the National Sample...

by Suryanarayana M H | On 23 Aug 2011

Reforms in Indian Agro-processing and Agriculture Sectors in the Context of Unilateral and Multilateral Trade Agreements

In this paper, the potential impacts of trade and investment-related policy reforms on India’s agro-processing sector is explored. The direct effects of policy reforms within the processing sector, an...

by A. Ganesh-Kumar | On 22 Aug 2011

Foreign Direct Investment and Technology Spillover: An Evaluation Across Different Clusters in India

The paper attempts to explore the technology spillover effects of Foreign Direct Investment (FDI) in Indian manufacturing industries across different selected clusters in India. To measure the spillov...

by Pami Dua | On 12 Aug 2011

Bond Market Development in Asia: An Empirical Analysis of Major Determinants

This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provid...

by Biswa Nath Bhattacharyay | On 10 Aug 2011

Tracking India Growth in Real Time

This paper compares different approaches to the short term forecasting (nowcasting) of real GDP growth in India and evaluates methods to optimally gauge the current state of the economy. Univariate ...

by Rudrani Bhattacharya | On 02 Aug 2011

Government Mediated Program on Intensifying Industry-Academia Linkages for Human Resource Development; Experinces of an Innovative Model from TIFAC

The importance of academia- industry linkages for development of an economy is well recognized. With a view to make the higher technical education relevant, by forging and catalyzing functional link...

by Jancy Ayyaswamy | On 26 Jul 2011

Global Financial Crisis: Implications for Trade and Industrial Restructuring in India

This study investigates the impact of global crisis shocks on India’s trade and industry. Both panel data modeling and vector autoregression techniques are used to understand the dynamic effects of gl...

by Prabir De | On 22 Jul 2011

Fixed Costs, The Balanced-Budget Multiplier and Welfare

In a two-sector model, where one of the sectors is monopolistically competitive and subject to increasing returns to scale but without love for variety, the effects of a balanced budget fiscal expansi...

by Partha Sen | On 20 Jun 2011

Finding the Meaning of the Word ‘Livelihood’

Livelihood has many meanings. To many it is that which gives you a source of income. Yet it is only when livelihoods come to mean sustainable ways of living that we will move towards an alternative...

by Collin Furtado | On 13 Jun 2011

Access to Land and Land Policy Reforms

The objective of this research and policy brief is to analyse different mechanisms of access to land for the rural poor in an era when redistribution through expropriative land reform is largely incon...

by Alain de Janvry | On 10 Jun 2011

GAVI’s Future: Steps to Build Strategic Leadership, Financial Sustainability, and Better Partnerships

On June 13, the GAVI Alliance will hold its first pledging conference, seeking to obtain commitments for US$ 3.7 billion for the 2011–15 period. Remarkably, in the midst of a historic global recession...

by Lisa Carty | On 09 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Demand or Supply for Schooling in Rural India?

Is the poor human capital investment by rural Indian families primarily a supply side or a demand side issue? School attendance and total human capital investment time (time in school plus travel ti...

by Sripad Motiram | On 01 Jun 2011

Closure for the Sraffa System: A Theory of Value, Distribution and Growth

The purpose of this paper is to pursue the implications of closing, in the sense of rendering determinate, the Sraffa equations of production, prices and distribution [Sraffa (1960)] by adding to th...

by Rajas Parchure | On 01 Jun 2011

Club-Convergence and Polarisation of States A Nonparametric Analysis of Post-Reform India

The objective of this paper is to study the dynamics of the distribution of regional per capita income of Indian states in the post reform period, in order to identify trends towards convergence-c...

by Sabyasachi Kar | On 20 May 2011

Towards Open and Equitable Access to Research and Knowledge for Development

Unequal access to and distribution of public knowledge is governed by Northern standards and is increasingly inappropriate in the age of the networked “Invisible College”. Academic journals remain the...

by Leslie Chan | On 14 May 2011

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

This paper presents a comprehensive set of stylised facts for business cycles in India from 1950 - 2009. India's business cycle in the pre 1991 economy is compared with the post 1991 Indian economy,...

by Ila Patnaik | On 27 Apr 2011

Targeting and Distribution of Post-Tsunami Aid in Sri Lanka : A Critical Appraisal

In this study, two types of aid transfers - boats and houses are examined- that were made to rehabilitate tsunami-affected fishery households in Sri Lanka. The goal is to investigate the distributio...

by Asha Gunawardena | On 20 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

On The Optimal Coordination Of Uninformed Agents by an Informed Principal

They consider organizations with a single principal and many agents who interact in an environment with the following features: (a) Nature imperfectly informs the principal via a state-contingent si...

by Sudhir A. Shah | On 30 Mar 2011

Social and Economic Policies to Prevent Complex Humanitarian Emergencies Lessons from Experience

In simple language and with numerous concrete examples, this policy brief analyses the impact - among others - of key ex-ante factors such as acute 'horizontal inequality' between social groups in the...

by Jeni Klugman | On 22 Mar 2011

Macroeconomic Uncertainty and Corporate Liquidity: The Indian Case

Interest in the uncertainties prevailing at the macroeconomic level has always been well known in economic literature. This paper analyses the effect of firm level and macroeconomic uncertainty on t...

by Mrinal Kanti | On 22 Mar 2011

Trends in Diversion of PDS Grain

This article estimates the proportion of grain "diverted" from the Public Distribution System (PDS) to the open market, using the well-established method of matching state offtake figures published by...

by Reetika Khera | On 21 Mar 2011

Health, Technical Efficiency And Agricultural Production In Indian Districts

In this study, they attempt to quantify the effect of improved population health on technical efficiency in agricultural production. Using data for over 260 districts in 15 Indian states, they emplo...

by Atheendar S. Venkataramani | On 17 Mar 2011

Draft Food Security Bill, 2010

While the Government of India has several schemes for augmenting agricultural production and ensuring adequate availability of food for different segments, a Bill to provide a statutory framework to e...

by Government of India GOI | On 04 Mar 2011

Feedback received until 28th February, 2011 on the Framework note on NFSB

Based on the recommendations the National Advisory Council had already communicated to the Government, as a first step towards preparing the draft National Food Security Bill, a detailed Framework Not...

by National Advisory Council NAC | On 04 Mar 2011

Draft National Food Security Bill: Explanatory Note

This Explanatory Note highlights the rationale and major considerations that form the basis of the NAC proposals on food security. It supplements (i) the NAC recommendations on food security relea...

by National Advisory Council NAC | On 04 Mar 2011

Note on the Draft National Food Security Bill

As agreed by the NAC at its meeting on July 14th, 2010, a Working Group of Members of the NAC was constituted on the National Food Security Bill. After due deliberations and wide ranging consultations...

by Harsh Mander | On 04 Mar 2011

Acreage and Yield Response for Major Crops in the Pre- and Post-Reform Periods in India: A Dynamic Panel Data Approach

Supply response to price changes is likely to increase with the increasing liberalization of the agricultural sector in India. Past studies revealed a weak supply response for Indian agriculture. No...

by G. Mythili | On 21 Feb 2011

Macroeconomic Forecasting using Dynamic Factor Models

This study attempts to develop a dynamic factor model (DFM) to forecast industrial production and price level in India. For this purpose, domestic as well as external economic indicators, that appea...

by Sanjib Bordoloi | On 21 Feb 2011

Family Suicide in Kerala : An Explorative Study into Pattern , Determinants and Consequences

The paper is a study of the family suicide cases in Kerala. The aim of the study is to gather information about demographic details, method adopted and causes of suicides that happened in Kerala durin...

by K Praveenlal | On 16 Feb 2011

Valuing the Environment in Developing Countries: Modeling the Impact of Distrust in Public Authorities’ Ability to Deliver on the Citizens’ Willingness to Pay for Improved Environmental Quality

This paper employs the choice experiment method to estimate local  citizens’ valuation of a public intervention which proposes to improve the  quality of an important environmental resource, namel...

by Ekin Birol | On 09 Feb 2011

Entrepreneurial Talent, Occupational Choice, and Trickle Up Policies

In this paper they the study market inefficiencies and policy remedies when agents choose their occupations, and entrepreneurial talent is subject to private information. Un-talented entrepreneurs dep...

by Maitreesh Ghatak | On 04 Feb 2011

Conceptualising Social Security And Income Redistribution

This paper offers a conceptualisation of social security and income redistribution schemes which highlights the strong overlaps between the two. Indeed, it is virtually impossible to disentangle the t...

by Ravi Kanbur | On 27 Jan 2011

The United Arab Emirates: Some Lessons in Economic Development

Oil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has been able to transform itself into a rapidly modernizing country, which is fast becoming a major e...

by Yaw Nyarko | On 27 Jan 2011

Small Scale Old Age and Widow Allowance for the Poor in Rural Bangladesh: An Evaluation

This study was done to explore the process of targeting, selection and benefits distribution and the use of the allowances, satisfaction, and the association of old age and widow allowances with var...

by . BRAC | On 25 Jan 2011

To Develop or to Conserve? The Case of the Diyawanna Oya Wetlands in Sri Lanka

The Diyawanna Oya wetland ecosystem has proven to be an important recreational site in the greater Colombo area in the face of the growing demand for urban recreational amenities. It provides a wide s...

by Thusita Dilhani Marawila | On 06 Jan 2011

Income Distribution and Labour Movement in China after WTO Membership: A CGE Analysis

Using a CGE model, PRCGEM, with an updated 2002 I/O table, this paper explores how earnings will be affected in each of 40 separate industries across 31 regions (or 8 regional blocks) of China for...

by Jiao Wang | On 05 Jan 2011

Does Women’s Status Matter for Food Security? Evidence from Bangladesh

Using data from a survey of Bangladeshi households, this paper investigates the link between female status and food security. Employing three different indicators of female status – husband’s an...

by Mohammad A. Razzaque | On 29 Dec 2010

Domestic Violence Against Women: Its Determinants and Implications for Gender Resource Allocation

Using data from a survey of Bangladeshi households, this paper explores the determinants of domestic violence against women as well as its implications for the resources allocated to women. The fi...

by Mohammad Mokammel Karim Toufique | On 27 Dec 2010

Changes in the Distribution of Wealth in China, 1995-2002

This paper investigates some major changes in the wealth distribution in China using the data from two national household surveys conducted in 1995 and 2002. The surveys collected rich informatio...

by Shi Li | On 27 Dec 2010

Growth, Income Distribution, and Poverty: A Review

This paper reviews recent research dealing with the relationships between economic growth, income distribution, and poverty. This generally fails to find any systematic pattern of change in income d...

by Arne Bigsten | On 09 Dec 2010

Consumer Preferences for Water Supply? An Application of Choice Models to Urban India

This paper examines consumer preferences for the attributes of alternative sources of water supply in Chennai, based on a household survey where respondents were given the description of a set of op...

by P. B. Anand | On 08 Dec 2010

Egovernment: Lessons from Implementation in Developing Countries

E-government applications from a large number of developing countries are reviewed. Different models of electronic delivery of services are compared. Delivery through conveniently located service cent...

by Prof. Subhash Bhatnagar | On 06 Dec 2010

Free Trade Agreement between People’s Republic of China and India: Likely Impact and Its Implications to Asian Economic Community

Open regionalism and trade cooperation between the world’s two largest developing countries, the People’s Republic of China (PRC) and India, can foster outward-oriented development and intra-regio...

by Swapan K. Bhattacharya | On 06 Dec 2010

Decomposing Spatial Differences in Poverty in India

Over the last decade, India has been one of the fastest growing economies, and has experienced considerable decline in overall income poverty. However, in a vast country like India, poverty levels v...

by Shatakshee Dhongde | On 03 Dec 2010

Linking Vertical and Horizontal Markets for Innovations at Grassroots: Sustainability Imperative

The supply chain management is at the core of globalising world. Today the large corporations are able to source materials from all around the world and sell it in the most interior parts of the dev...

by Anil K Gupta | On 01 Dec 2010

Cross-country Diffusion of the Internet

This paper investigates the factors which determine the diffusion of the Internet across countries. The Gompertz model of technology diffusion is estimated using data on Internet hosts per capita for...

by Sampsa Kiiski | On 23 Nov 2010

Convergence Club Empirics: Some Dynamics and Explanations of Unequal Growth across Indian States

This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income...

by Sanghamitra Bandyopadhyay | On 22 Nov 2010

The Effect of IMF and World Bank Programmes on Poverty

Structural adjustment, as measured by the number of adjustment loans from the IMF and World Bank, reduces the growth elasticity of poverty reduction. Growth does reduce poverty, but the author find...

by William Easterly | On 19 Nov 2010

Dynamics of Land Distribution: An Alternative Approach and Analysis with Reference to Kerala

The present exercise is primarily exploratory in nature; it does not attempt to provide a comprehensive explanation of the dynamics of land distribution. The conclusions drawn are primary and tentativ...

by K.N. Nair | On 16 Nov 2010

Living Standard and Economic Growth: A Fresh Look at the Relationship Through The Nonparametric Approach

The relative role of economic growth vis-a-vis public action in raising living standards in developing countries has been a point of contention for quite some time now. The arguments on both sides a...

by Indrani Chakraborty | On 12 Nov 2010

India's IT Export Boom: Challenges Ahead

Given the manifold ways, in which the information technology could contribute to human welfare, the developing countries have invested in Information Technology (IT) as a short cut to prosperity. I...

by K.J. Joseph | On 01 Nov 2010

Global Production Networks and the People’s Republic of China’s Processing Trade

This paper unveils a systematic pattern in the People’s Republic of China’s (PRC) processing trade. In a cross-section of the PRC’s provinces, the average distance traveled by processing imports (...

by Alyson C. Ma | On 18 Oct 2010

Inflation and Economic Growth in Bangladesh: 1981-2005

This paper empirically explores the present relationship between inflation and economic growth in the context of Bangladesh. Using annual data set on real GDP and CPI for the period of 1980 to 2005, a...

by Shamim Ahmed | On 14 Oct 2010

Transfers and the Terms of Trade in an Overlapping Generations Model

This paper explores the steady state welfare implications of permanent transfers in a two-country, two-sector overlapping generations model. At the golden rule and with Walrasian stability, we demonst...

by Emily T. Cremers | On 08 Oct 2010

The Syrian Christians of Kerala: Demographic and Socioeconomic Transition in the Twentieth Century

The twentieth century has witnessed a process of significant transition of the Syrian Christian community in Kerala in terms of its demographic and socio-economic status. In this paper, the transitio...

by K.C. Zachariah | On 05 Oct 2010

Government Intervention in Commercial Crop Development: Case of Flue Cured Virginia Tobacco

The role of the state in industrialisation is a much discussed topic these days. Specifically this role has witnessed itself in the form of direct intervention by the states through owning the means...

by Sunil Mani | On 01 Oct 2010

Commodity Taxation and Social Welfare : The Generalised Ramsey Rule

Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource allocation. The paper presents an integrated treatment of these three concerns...

by David Coady | On 01 Oct 2010

Sustainable Economic Growth for India: An Exercise in Macroeconomic Scenario Building

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades n...

by V. Pandit | On 29 Sep 2010

The ASEAN Services Sector and the Growth Rebalancing Model

The growth rebalancing model, which places the nontradable services sector on center stage, is important to spur on faster growth in this sector and tap its potential to become another engine of growt...

by Rafaelita M. Aldaba | On 29 Sep 2010

Debt Policy in a Competitive Two-Sector Overlapping Generations Model

In this paper debt policy in a two-period, two-sector overlapping generations model with Leontief technologies has been analysed. It has been found that debt, issued to transfer resources to the initi...

by Partha Sen | On 28 Sep 2010

India in the Global and Regional Trade: Determinants of Aggregate and Bilateral Trade Flows and Firms’ Decision to Export

This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back...

by T.N. Srinivasan | On 20 Sep 2010

The Transfer Paradox in a One-Sector Overlapping Generations Model

This paper examines the effects of international income transfers on welfare and capital accumulation in a one-sector overlapping generations model. It is shown that a strong form of the transfer para...

by Partha Sen | On 15 Sep 2010

Fiscal Consolidation with High Growth A Policy Simulation Model for India

In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strateg...

by Sudipto Mundle | On 09 Sep 2010

History Institutions and Economic Performance: The Legacy of Colonial Land Tenure Systems in India

This paper analyze the colonial institutions set up by the British to collect land revenue in India, and show that differences in historical property rights institutions lead to sustained differences...

by Abhijit Banerjee | On 03 Sep 2010

Structural Shift in Demand for Food: Projections for 2020

Knowledge of demand structure and consumer behaviour is essential for a wide range of development policy questions like improvement in nutritional status, food subsidy, sectoral and macroeconomic poli...

by Surabhi Mittal | On 25 Aug 2010

Betit: A Family that Nests Probit and Logit

This paper proposes a dichotomous choice model that is based on a transformed beta (or z”) distribution. This model, called betit, nests both logit and probit and allows for various skewed and peak...

by Wim P.M. Vijverberg | On 13 Aug 2010

The Economics of Human Cloning

In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone’s income ca...

by Gilles Saint Paul | On 13 Aug 2010

The Predictive Value of Subjective Labour Supply Data: A Dynamic Panel Data Model with Measurement Error

This paper tests the predictive value of subjective labour supply data for adjustments in working hours over time. The idea is that if subjective labour supply data help to predict next year’s wor...

by Rob Euwals | On 12 Aug 2010

Monetary Policy in an Uncertain World: Probability Models and the Design of Robust Monetary Rules

The past forty years or so has seen a remarkable transformation in macro-models used by central banks, policymakers and forecasting bodies.This papers describes this trans formation from reduced-for...

by Paul Levine | On 11 Aug 2010

Determinants of Small-Scale Farmer inclusion in Emerging Moder Agrifood Markets: A Study of the Dairy Industry in India

In response to structural transformations taking place in the Indian dairy sector mainly in processing segment this paper examines determinants of market channel choices of milk produce...

by Vijay Paul Sharma | On 02 Aug 2010

Morbidity Costs of Vehicular Air Pollution: Examining Dhaka City in Bangladesh

This study estimates the morbidity costs of reduction in air pollution in Dhaka, the capital of Bangladesh, using the Cost-of-Illness (COI) approach. COI is defined as the sum of lost earnings due t...

by Tanzir Chowdhury | On 19 Jul 2010

Alcohol Marketing in the Digital Age

This paper talks about alcohol marketing in digital age.

by Jeff Chester | On 30 Jun 2010

Getting to theTop of Mind: How Reminders Increase Saving

We develop and test a simple model of limited attention in intertemporal choice. The model posits that individuals fully attend to consumption in all periods but fail to attend to some future lumpy...

by Dean Karlan | On 21 Jun 2010

A Perspective on Fisheries Sector Interventions for Livelihood Promotion

The ultimate goal of this paper is to derive inspiration from Coase Theorem and the Japanese model of Keiretsu to empower the producers and suppliers of fish – namely, the fisher folk and to place the...

by Samar K. Datta | On 09 Jun 2010

Do Child Labourers Come from The Poorest?

This paper explores whether child labourers come from, not only the poor, but also the poorest households in Bangladesh or not. The paper also tries to explain what determines the participation of chi...

by | On 04 Jun 2010

Gender Development Indicators: Issues, Debates and Ranking of Districts

The present study emphasizes on independent variable analysis in assessing gender development at the disaggregated district level to account for problems such as the major contradiction facing this c...

by Preet Rustagi | On 03 Jun 2010

Debt Policy and Economic Growth in a Small Open Economy Model with Productive Government Spending

In this paper, the effects of introducing constraints on government borrowing have been examined by using a continuous-time overlapping generations model of a small open economy. Government placing co...

by Koichi Futagami | On 27 May 2010

Adaptation, Plasticity, and Extinction in a Changing Environment: Towards a Predictive Theory

A simple evolutionary model is used to understand the critical rate of environmental change beyond which a population must decline and go extinct. The model is used to highlight the major determinants...

by Luis-Miguel Chevin | On 21 May 2010

Can Social Security Boost Domestic Consumption in the People’s Republic of China?

This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...

by Wang Dewen | On 20 May 2010

Impact of ASEAN-India FTA on India’s Plantation Commodities: A Simulation Analysis

The present study attempts a quantitative assessment of the impact of recently signed ASEAN-India FTA (AIFTA) for selected plantation commodities (coffee, tea and pepper) in India. Partial equilibri...

by C. Veeramani | On 20 Apr 2010

Vulnerability and Coping to Disasters: A Study of Household Behaviour in Flood Prone Region of India

This paper attempts to understand the various risks faced by households living in disaster prone regions of rural India and specifically examine the effectiveness of coping mechanisms adopted by ho...

by Unmesh Patnaik | On 12 Apr 2010

State Aid and Competition in Banking: The Case of China in the Late Nineties

A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to e...

by Xiaoqiang Cheng | On 23 Feb 2010

Prevalence and Costs of Childhood Diarrhoea in the Slums of Dhaka

This study seeks to identify the engineering, behavioural and socio-economic determinants of childhood diarrhoea and its duration and to compute the resulting costs borne by slum dwellers. The study...

by M. Jahangir Alam | On 22 Feb 2010

Graduating to Globalisation: A Study of Southern Multinationals

FDI by firms in developing countries is a recent phenomenon and demands a study of relationship between firm productivity and different modes of globalisation activities. This paper attempts to unde...

by Dilek Demirbas | On 16 Feb 2010

Tax Devolution and Grant Distribution to States in India Analysis and Roadmap for Alternatives

The paper attempts to analyse the impact of devolution of taxes and distribution grants by the Centre to the States in India by taking fourteen major States for the time period 1980-81 to 2006-07. T...

by R Mohan | On 15 Feb 2010

The Dynamic Relationship between Price and Trading Volume: Evidence from Indian Stock Market

This study investigates the nature of relationship between price and trading volume for 50 Indian stocks. Firstly the contemporaneous and asymmetric relation between price and volume are examined. T...

by Brajesh Kumar | On 25 Jan 2010

Mortality, Human Capital and Persistent Inequality

Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism li...

by Shankha Chakraborty | On 19 Jan 2010

Can Public Private Partnership reduce Maternal Mortality? Assessing Efforts Made by the ‘Chiranjeevi’ Scheme in Gujarat

The Chiranjeevi Yojna is considered to be a successful PPP model and has also received a prestigious Asian Innovations Award by the Wall Street Journal. It is a flagship scheme of the Gujarat state mi...

by Akash Acharya | On 13 Nov 2009

Engaging Communities to Improve Health and Nutrition Outcomes: The Role of Community Volunteers in INHP

INHP adopted a multiple volunteer per village model, with one volunteer serving the immediate neighborhood of about 20-30 households to rationalize volunteer workloads and to ensure cultural compatibi...

by CARE India | On 09 Nov 2009

Assessing the Impact of Fiscal Policy on Poverty

Fiscal policy measures are a key means by which governments can influence distribution and poverty, but in fact the relationships between fiscal policy and poverty are not well understood. The most c...

by Andrew McKay | On 05 Oct 2009

Estimating Health Benefits When Behaviours are Endogenous: A Case of Indoor Pollution in Rural Nepal

The effects of indoor air pollution on respiratory health after adjusting for endogenous health behaviours are estimated. The study includes measurements on indoor air pollution and is based on detail...

by Krishna Prasad Pant | On 17 Sep 2009

Equity for Open-Access Journal Publishing

Open access journal publishing is currently at a systematic disadvantage relative to the traditional subscription-based journal publishing. A simple, cost effective remedy to this inequity is propose...

by Stuart M. Shieber | On 31 Aug 2009

An Analysis of Household's Tobacco Consumption Decisions: Evidence from India

The consumption patterns, socio-economic distribution and the household choice of a variety of tobacco products across rural and urban India are analyzed. Using a Multinomial Logit Model, the choice...

by Rijo M John | On 19 Aug 2009

A Glimpse of the Tiger: How Much are Indians Willing to Pay for It?

The recreational demand for the Indian Sundarban, which is a World Heritage site and a complex mangrove ecosystem that borders India and Bangladesh is estimated. Two alternative methodologies exist f...

by Indrila Guha | On 13 Aug 2009

The Behavioral Equivalence of Organizational Culture

This paper presents findings from an extensive review of literature on organizational cultural (OC) and highlights the relevance of OC with respect to individual, organizational, intra-organizational...

by Indu Rao | On 10 Aug 2009

Determinants of Fuelwood Use in Rural Orissa: Implications for Energy Transition

This study examines household behaviour related to fuelwood collection and use. The focus is on identifying the behavioral transition of fuelwood-using households from collection to purchase. The st...

by ARABINDA MISHRA | On 29 Jul 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Sources of FDI Flows to Developing Asia: The Roles of Distance and Time Zones

This paper investigates sources and determinants of foreign direct investment (FDI) flows to developing Asia using bilateral FDI flows for the period 1990-2005. With regard to the determinants of FDI...

by Rabin Hattari | On 27 Jun 2009

Construction and Validation of ‘Science Culture Index’ Results from Comparative Analysis of Engagement, Knowledge and Attitudes to Science: India and Europe

Countries world-wide routinely collate statistics on STS performance indicators such as R&D expenditure, science publications, citations and impact, high-tech employment, and penetration of hightech g...

by Rajesh Shukla | On 12 Jun 2009

Blunt Instruments: On Establishing the Causes of Economic Growth

Despite intense concern that many instrumental variables used in growth regressions may be invalid, or both, top journals studies of economic growth based on problematic instruments. doing so risks p...

by Samuel Bazzi | On 04 Jun 2009

Making the Punishment Fit the Crime or Taliban Justice? Optimal Penalties without Commitment

This paper argues that graduated penalties observed in most legal systems may be an attempt to direct law enforcement efforts towards crimes that are socially more harmful, thereby achieving better de...

by Parikshit Ghosh | On 03 Jun 2009

Women’s Work in the Post Reform Period: An Exploration of Macro Data

An important aspect that is often highlighted in the context of economic reforms, is the translation of labour market changes into defining or redefining gender relations and empowerment of women. In...

by Neetha N | On 03 Jun 2009

Liberalization with Endogenous Institutions: A Comparative Analysis of Agricultural Reform in Africa, Asia and Europe

Thirty years ago, a vast share of the poor and the middle income countries were heavily state-controlled. The effects of the liberalizations in the 1980s and 1990s differed strongly between regions in...

by Johan F.M. Swinnen | On 02 Jun 2009

Imputation Methods for Handling Item-Nonresponse in the Social Sciences: A Methodological Review

Missing data are often a problem in social science data. Imputation methods fill in the missing responses and lead, under certain conditions, to valid inference. This article reviews several imputatio...

by Gabriele Beissel Durrant | On 02 Jun 2009

Labor Force Participation among Indian Elderly: Does Health Matter?

The paper analyzes the effect of health status on labour force participation for aged Indians. The potential endogeneity in health and labour force participation has been taken care of by using full i...

by Manoj K Pandey | On 27 May 2009

Aids In India

This paper revolves around the Public health related aspects of industrial and intellectual property rights policies in a developing country with respect to Aids in India. It also focusses on its prev...

by Samira Guennif | On 22 May 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

Macroeconometric Policy Modeling for India: A Review of Some Analytical Issues

Macroeconomic modelling is generally motivated by two objectives: forecasting and more significantly, policy analysis. In pursuit of both these objectives, every model must ideally satisfy four crite...

by V. Pandit | On 16 May 2009

Intellectual Property Protection And Technology Transfer The Case Of Overseas R & D

This paper investigates whether, in what direction, and to what extent one mode of technology transfer – namely, overseas R&D – is influenced by the strength of intellectual property protection that h...

by Sunil Kanwar | On 15 May 2009

Reporting The Olympic Year

This paper discusses if the Olymipic Games presented a change- not change along the lines of South Koreas leap towards democracy after the Seol Olympics, but some small shift- and how the nature of it...

by Jane Macartney | On 05 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agriculture production, this paper assesses the economic effects of climate change for Southeast Asian countries...

by Fan Zhai | On 01 May 2009

Sharing Traditinal Knowledge for Commerce-the Power of Bargaining Strength

The paper is motivated by concerns about the depletion of traditional knowledge and recent efforts to preserve this knowledge through commercial use. The study looks at incentives that can induce comp...

by Aparna K Bhagirathi | On 30 Apr 2009

Poverty, Undernutrition and Vulnerability in Rural India: Public Works versus Food Subsidy

This paper analyses the effects of access to Rural Public Works (RPW) and the Public Distribution System (PDS), a public food subsidy programme, on consumption poverty, vulnerability and undernutrit...

by Raghbendra Jha | On 27 Apr 2009

Macroeconomic Effects Of Public Invesment In Infrastructure In India

This paper attempts to build an aggregative, structural,macroeconometric model for India. Investment and output in the model are disaggregated into four sectors namely(a) agriculture including forestr...

by K.N Murty | On 02 Mar 2009

Moving Beyond the Privatisation Debate: Different Approaches to financing Water and Electricity in Developing Countries

In today’s developing world the vast majority of water and electricity services are provided by public utilities. Rather than asking “who should provide the services”, the authors adopt a financing po...

by Daniel Platz | On 09 Feb 2009

Conflict in Cross Border Mergers: Effect of Firm and Market Size

This paper tries to analyze the interrelationship between possibilities of conflict in cross border mergers and acquisitions and firm and market characteristics in a two country three firm model. Th...

by Poonam Mehra | On 14 Jan 2009

Child Labour in Kerala's Coir Industry-Study of Few Selected Villages

The objective of this study is to report on the extent and nature of involvement of children in the coir industry. For this purpose, it was decided to study only those operations of the industry in w...

by Leela Gulati | On 24 Dec 2008

Negotiating Constitution for Political Unions

This paper provides a cradle-to-grave model for political union between two unequally endowed states. The main contribution of this paper is to highlight the role of technology gap and unequal distrib...

by Vikas Kumar | On 10 Dec 2008

Heterogeneity, Commons and Privatization: Agrarian Institutional Change in Goa

A case study in Goa is used to examine whether tenure security and asset re-distribution can lead to environmentally sustainable outcomes.

by Pranab Mukhopadhyay | On 28 Nov 2008

Changes in Poverty Profile in China

This study presents a comprehensive picture of poverty chnages in China in the period of 1978-95. Using two micro data sets from Household Income Surverys of 1988 and 1995, the author examines poverty...

by Li Shi | On 18 Nov 2008

Semi-Feudalism and Perpetual Indebtedness

The implications of removing some of the restrictive assumptions of a model of semi-feudalism formulated by A.Bhaduri are examined. [WP no. 16].

by N. Krishnaji | On 10 Nov 2008

Agflation and the PDS: Some Issues

In the context of the current public policy focus on rising food prices and their implications for food security, this paper examines two major issues raised: (i) Universalization of the public distri...

by Suryanarayana M H | On 04 Nov 2008

The Role of Intellectual Property Rights in Information and Communication Technologies

The paper starts by recapitulating the basic arguments provided by economic theory to explain the existence of the patent system. The paper then concentrates on the three important ICT industries viz....

by C Niranjan Rao | On 30 Oct 2008

Dynamics of Rural Water Supply in Coastal Kerala: A Sustainable Development View

This paper examines empirically within sustainable development framework the dynamics of coverage in rural drinking water supply of 180 demand-driven schemes from Malappuram, predominantly a coastal...

by K Pushpangadan | On 27 Oct 2008

Hobbes, Coase and Baliraja: Equity and Equality in Surface Water Distribution

It is attempted to understand the implications of equality in water distribution on social welfare with a simple abstract analysis using Leontief-type fixed production function.

by Sashi Sivramakrishna | On 16 Oct 2008

Aspirations, Segregation and Occupational Choice

This paper examines steady states of an overlapping generations economy with a given distribution of household locations over a one-dimensional interval. Parents decide whether or not to educate the...

by Dilip Mookherjee | On 06 Oct 2008

Persistent Inequality: An Explanation Based on Limited Parental Altruism

This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘lim...

by Mausumi Das | On 24 Sep 2008

Rising Inequality With High Growth Isn't This Trend Worrisome? Analysis of Kerala Experience

The relation between growth, inequality and poverty is the central theme of the paper. While the fast economic growth under the neo-liberal policy regime helps reduce poverty, it increases inequality...

by KK Subrahmanian | On 16 Sep 2008

Structural Modeling under Challenge

It is interesting to note that nearly three decades of new paradigms in macroeconomic theory and policy have hardly gone beyond the ivory towers of the academic world. The extent to which a scientif...

by V. Pandit | On 28 Aug 2008

Another Look at Renewables on India’s Sagar Island

Much existing literature champions renewables implementation on India’s Sagar Island as an unqualified rural electrification success story. Photovoltaic (PV) and wind systems put in place by the West...

by Sam Shrank | On 25 Aug 2008

Impact of Proposed Commodity Transaction Tax

The relationship between trading activity, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper, Petroleum Crude, Soya Oil and...

by Pravakar Sahoo | On 07 Aug 2008

Measuring Sustainability with Macroeconomic Data for India

This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainabilit...

by Purnamita Dasgupta | On 24 Jul 2008

Are Fair Trade Labels Effective Against Child Labor?

In this paper, a model of North-South trade is developed to analyze the impact of a label certifying the absence of child labour in the export production of the South. [WP no 144].

by Jean Marie Baland | On 19 Jul 2008

Sustainable Economic Growth for India

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades not...

by V. Pandit | On 26 Jun 2008

India, Democracy and the Press

The impressive growth of the Indian media is largely taking place outside of the voting classes, ensuring that the media are not playing a significant public service role. Ultimately, the author sugge...

by James Mutti | On 11 Apr 2008

His and Her Economics

Economics has always been, and remains, a male-dominated occupation. In Mark Blaug’s mid-1980s surveys of great economists before and after Keynes, only three females – Rosa Luxemburg, Irma Adelman an...

by Brian Snowdon | On 17 Mar 2008

Testing the Stability of Beta Over Market Phases: An empirical study

The capital asset pricing model (CAPM) is the standard risk-return model used by most academicians and practitioners. The underlying concept of CAPM is that investors are rewarded for only that porti...

by Sromon Das | On 06 Mar 2008

What is Middle Class About the Middle Classes Around the World?

Household surveys from 13 developing countries are used to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the “m...

by Abhijit Banerjee | On 31 Jan 2008

Bancassurance : A Feasible Strategy for Banks in India ?

The scope for bancassurance models as feasible source of sustainable income to banking sector is explored by exploiting the synergy in the context of India having the largest banking network on the on...

by Karunagaran A | On 27 Nov 2007

Enhancing Rural Livelihoods

The Overseas Development Institute in the UK recently carried out a study on ICT for rural livelihoods, commissioned by InfoDev. The study included a literature and donor review in collaboration with...

by Paul Matthews | On 26 Oct 2007

Periurbanisation in Tamil Nadu: A Quantitative Approach

This paper is an attempt to measure the extent of peri-urbanisation that has taken place in TamilNadu. Geographical data is used based on the 1991 census for TamilNadu and Pondicherry. A systematic e...

by Sébastien Oliveau | On 04 Oct 2007

Groundwater Management and Ownership: Report of Expert Group

It is time India recognises its dependency on groundwater resources, which is only going to increase in the coming years, partly because of growing urbanisation and industrialisation. In view of the g...

by Kirit Parikh | On 03 Oct 2007

The Indian Economic Journal, January 2007

CHIUNG-JU HUANG : Wagner's Law : Empirical Evidence for China and Taiwan CHIAO-YI CHANG, CHING-FU CHEN AND I-YUAN CHUANG : Does Asian Financial Crisis Change Price Co-Movements in East Asia. G. RAM...

by Department of Economics DoE, Allahabad University | On 01 Oct 2007

Reproductive Health Research Priorities in India: a Framework for Action

A research framework is proposed that needs to be pursued in order to achieve RCH goals in time bound manner. It is being argued that need for additional research inputs largely stems from the current...

by Dinesh Agarwal | On 01 Oct 2007

Educational Policy and the Economics of the Family

The implications of alternative ways to model decisionmaking by families for educational policy are analysed. Many of the policy implications associated with credit constraints cannot be distinguished...

by Abhijit Banerjee | On 11 Sep 2007

Demand and Supply Factors in the Determination of India's Disaggragated Manufactured Exports: A Simultaneous Error-Correction Approach

An investigation of the demand and supply factors underlying the long-term behaviour of India’s disaggregated manufactured exports. An imperfect substitutes demand-supply model of export determination...

by Saikat Sinha Roy | On 20 Aug 2007

Dowry and Property Rights

Modernisation necessarily leads to the emergence of dowry as a direct transfer to the groom ("groom-price"). The historical instances of dowry can be classified according to the schema implied by the...

by Siwan Anderson | On 31 Jul 2007

Why is so Little Spent on Educating the Poor?

If the poor are to benefit from economic growth, then they need the skills that are in growing demand, and the capacity to raise their productivity as smallholder farmers and micro-entrepreneurs. Yet,...

by Tony Addison | On 20 Jul 2007

A Water Monetary Standard: An Economic Thesis

In emerging markets and economies with limited supplies of potable water, the current monetary policy governing water distribution has failed or will eventually fail. This paper offers an alternative...

by Michael P. Jackson | On 09 Jul 2007

The Trade-Off Among Carbon Emissions, Economic Growth and Poverty Reduction in India

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and pover...

by Vijay Prakash Ojha | On 07 Jul 2007

Public Distribution System in Gujarat: A Synoptic Overview

The PDS programme in Gujarat since the formation of the State in 1960 is reviewd and comments are given briefly upon its effectiveness in delivery. The food security issue for the poor is also address...

by Sudarshan Iyengar | On 04 Jul 2007

Reliability and Rationing Cost in a Power System

An attempt is made to analyse the implications of the relationship between reliability and rationing cost involved in a power supply system in the framework of the standard inventory analysis, instead...

by N. Vijayamohanan Pillai | On 13 Jun 2007

On The Distributional Consequences Of Child Labor Legislation

A dynamic heterogeneous agent general equilibrium model is constructed to quantify the effects of child labor legislation on human capital accumulation and the distribution of wealth and welfare. Cruc...

by Dirk Krueger | On 23 May 2007

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, in...

by Arvind Virmani | On 25 Apr 2007

Public Investment and Agricultural Productivity: A State-wise Analysis of Foodgrains in India

The main objective of the study is to examine the long-run relationship between public investment and foodgrain productivity across the fifteen major states of India. The analysis is confined to the p...

by Shyjan D | On 19 Mar 2007

Child health inequities in developing countries: differences across urban and rural areas

The urban advantage in health masks enormous disparities between the poor and the non-poor in urban areas of Sub Saharan Africa. Specific policies geared at preferentially improving the health and nu...

by Jean-Christophe Fotso | On 23 Feb 2007

Organisational Morphology of Rural Industries in Liberalised India: A Study of West Bengal

Recent interest on rural industries derives from recognition of the limits of agriculture and organised manufacturing sector in employment generation especially during the post-liberalisation period...

by Dibyendu S. Maiti | On 19 Dec 2006

Economic Causes of Tropical Deforestation - A Global Empirical Application

The paper investigates the complex system of causes affecting tropical deforestation at a worldwide level. There is no generally accepted theory in the deforestation literature to indicate which varia...

by Silviu S. Scrieciu | On 27 Nov 2006

WCD thematic Review I.1: Contributing Paper:Report of Social Impacts of Dams: Distributional and Equity Issues- Latin American Region

This consultancy reports on the social impact of large dams in Latin America, with a specific focus on distributional and equity issues. It is based on the author's research on the binational Yacyret...

by Carmen Ferradas | On 01 Jun 2006

Integrating poverty reduction in IMF-World Bank Models

This paper outlines the Fund-Bank analytical frameworks and presents a critical appraisal indicating the importance of both demand and supply constraints in the countries undertaking Fund adjustment p...

by Brigitte Granville | On 27 Apr 2006

Neoliberal Economic Reforms and Targeted Public Distribution System: Case study of two Orissa villages

This paper draws on a study on functioning of public distribution system in Orissa based on secondary data as well as primary data. The first section of this paper discusses in brief the policy change...

by Rajshree Bedamatta | On 26 Mar 2006

Regional Diffferences in FDI Inflows: China – India Comparison

An analysis of regional differences in the flow of FDI in China and India is important as in both these countries a few regions account for the bulk of FDI inflows. There are very few studies on regi...

by N.S. Siddharthan | On 23 Mar 2006

Economic Survey 2005-06, Chapter 8

Agriculture

by Ministry of Finance | On 27 Feb 2006

IEEMA Pre-Budget Memorandum

EEMA is however deeply concerned with regard to a few issues, particularly about the recent FTA’s with neighboring countries like Thailand, Singapore, Bangladesh and other countries. EEMA fears that,...

by Indian Electrical & Electronics Manufacturers` IEEMA | On 16 Feb 2006

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006

Karnataka Yeshasvini Health Insurance Scheme: Towards Comprehensive Health Insurance Coverage in Karnataka?

This is a case study of the Yeshasvini Health Insurance Scheme for rural farmers and peasants in Karnataka. The scheme, now in its second year of operation, covers 2.2 million farmers and peasants w...

by Sarosh Kuruvilla | On 13 Jan 2006

Trends and Issues in Tax Policy and Reform in India

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficult...

by M.Govinda Rao | On 10 Nov 2005

Peasant Movement in South Maharashtra: Not only 'Issue based' Anymore

The February agitation of farmers and the drought affected of rural South Maharashtra, in the form of a two-day ‘sit in’ last in Mumbai led to ministerial-level negotiations and several important deci...

by Anant Phadke | On 04 Oct 2005

Economic Well-Being And Political Action

If one were to look at the process of economic development as one where individuals experience improvements in the scope of the choices that they can meaningfully exercise and are reasonably free to...

by Neeraj Hatekar | On 05 Sep 2005

A Fair Plan Approach For Devolution Under The Twelfth Central Finance Commission: Some Suggestions

This study has made some suggestions for the consideration of the Twelfth Finance Commission. We have provided a conceptual framework comprising eight cardinal principles abbreviated as FAIR PLAN. We...

by Abhay Pethe | On 05 Aug 2005