Indian Council for Research on International Economic Relations (ICRIER)

An autonomous policy research institution Major ongoing research areas are Foreign Trade, Foreign Investment, Economic Growth and Competitiveness, Macroeconomics Management, Industrial Restructuring and Financial Liberalisation, WTO issues, South Asian Studies on Regional Cooperation, Globalisation and critical economic reform and restructuring issues.

Address: ICRIER,Core-6A, 4th Floor, India Habitat Centre, Lodi Road, New Delhi-110 003.

Tel: (91-11) 43 112400

Fax: (91-11) 24620180, 24618941

Website: http://www.icrier.org

Paper Type:

Explaining the contractualisation of India’s workforce

The employment structure of India’s organised manufacturing sector has undergone substantial changes over the last decade with a steep rise in the use of contract workers in place of directly hired wo...

Section: Working Papers

by Radhicka Kapoor | On 01 Jan 2019

The Anomaly of Women’s Work and Education in India

This paper utilizes a large cross-section of data sets such as the ILOSTAT, NSSO Quinquennial Employment and Unemployment Survey, Labour Bureau Annual Employment and Unemployment Survey, National Fami...

Section: Working Papers

by Surbhi Ghai | On 01 Dec 2018

The Growing Importance of Consumer Finance for Financial Inclusion in India

This paper examines the role of consumer finance, a high growth segment of the Indian financial sector in promoting financial inclusion. Consumer finance involves granting credit to consumers to enabl...

Section: Working Papers

by Saon Ray | On 01 Dec 2018

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...

Section: Working Papers

by Saon Ray | On 01 Oct 2018

Trade, Trade Agreements and Subsidies: The Case of the Indian Apparel Industry

This paper presents India’s trade in apparel products by sub-sectors and key markets, and analyses its trade competitiveness across different sub-sectors. It examines the impact of trade agreements an...

Section: Working Papers

by Arpita Mukherjee | On 01 Oct 2018

Skill Mismatch and Returns to Education in Manufacturing: A Case of India’s Textile and Clothing Industry

The paper attempts to measure the incidence and extent of skill/education mismatch and analyse the economic returns/cost to over/under education in one of India’s largest labour intensive industries:...

Section: Working Papers

by Prateek Kukreja | On 01 Sep 2018

Emerging Trends in India-Pakistan Trade

The study finds that there has been a limited impact of trade liberalization on the volume of trade between the two countries. The shift from positive list to negative list has not resulted in any maj...

Section: Working Papers

by Nisha Taneja | On 01 Aug 2018

India and Trade Facilitation in Services (TFS) Agreement: Concerns and Way Forward

Services are a major component of global gross domestic product and employment, and a rising component of global trade and investment flows. This is the largest sector of the Indian ...

Section: Working Papers

by Avantika Kapoor | On 01 Oct 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...

Section: Working Papers

by Shweta Saini | On 01 Aug 2017

Developing India's Offshore Local Currency Bond Market: Lessons from Emerging Countries

This paper takes stock. It assesses the current market state and structure, surveys a cross-section of market participants to identify the relevant issues, and employs two case studies of EME peers, C...

Section: Reports

by Renu Kohli | On 01 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...

Section: Working Papers

by Arpita Mukherjee | On 01 Jul 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...

Section: Working Papers

by Jaivir Singh | On 01 Jul 2017

Environment and Labour on the Trade Agenda: Lessons for India from the TPP Agreement

This paper undertakes an evaluation of the Labour and Environment chapters of the TPP Agreement, with a view to determining India’s stand if the same or similar provisions are proposed in multilateral...

Section: Working Papers

by Anwarul Hoda | On 01 Jul 2017

Estimating the Value of New Generation Internet Based Applications in India

The study attempts to measure growth elasticity based on Internet usage and not Internet penetration. It is a refinement in the approach to measure impacts given that subscriptions sometimes do not tr...

Section: General

by Rajat Kathuria | On 01 Jul 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...

Section: Reports

by Shweta Saini | On 01 Jul 2017

Getting Punjab Agriculture Back on High Growth Path: Sources, Drivers and Policy Lessons

The study finds that among the many steps taken by the state, three interventions played the most important role in the state’s impressive performance in agriculture. They are irrigation facilities, a...

Section: Reports

by Ashok Gulati | On 01 Jul 2017

Making Rapid Strides Agriculture in Madhya Pradesh: Sources, Drivers, and Policy Lessons

This paper study the composition, sources and drivers of agricultural growth in Madhya Pradesh to identify the factors that have contributed to robust agricultural growth in the state and discuss the...

Section: Working Papers

by Ashok Gulati | On 01 Apr 2017

Can Asset Reconstruction Companies (ARCs) be Part Solution to the Indian Debt Problem?

This paper details the approaches of other countries when their banking sectors were burdened with unsustainable levels of impaired assets. The paper examines the bad debt situation in India, the circ...

Section: Working Papers

by Jaimini Bhagwati | On 01 Apr 2017

Labour Regulations in India: Improving the Social Security Framework

An important segment of labour regulations concerns the protection aspects of social security. These regulations provide safety nets or fall back mechanisms to enable workers to cope with crises that...

Section: Working Papers

by Anwarul Hoda | On 01 Jan 2017

Law, Skills and the Creation of Jobs as ‘Contract’ Work in India: Exploring Survey Data to make Inferences for Labour Law Reform

The paper begins with a discussion of Indian labour law and the increasing use of ‘contract labour’ in Indian formal manufacturing. It questions the widespread perception that employment of contract l...

Section: Working Papers

by Jaivir Singh | On 01 Sep 2016

Harvesting Solar Power in India!

This is particularly so when the current solar power capacity in the country has just touched 8000 MW by July end, 2016, and no country in the world has such an ambitious target as India has set out...

Section: Working Papers

by Ashok Gulati | On 01 Aug 2016

India’s Informal Trade with Pakistan

This study (i) identifies factors determining informal trade, (ii) prepares estimates of India's informal trade with Pakistan (iii) examines the modalities of informal trade (iv) analyzes the transact...

Section: Working Papers

by Nisha Taneja | On 01 Jul 2016

A More Sustainable Energy Strategy for India

This paper analyses what is possible as a low carbon scenario for India using India Energy Security Scenarios-2047 tool developed by the erstwhile Planning Commission and later refined by its successo...

Section: Working Papers

by Montek Ahluwalia | On 01 Jul 2016

Financial Sector Legislative Reforms Commission (FSLRC) and Financial Sector Regulation in India

The Financial Sector Reforms Commission (FSLRC) which was set up in 2011 by the Ministry of Finance was mandated to study existing legislation and financial sector regulatory practices in India and...

Section: Working Papers

by Jaimini Bhagwati | On 01 Jun 2016

Improving Taxation Environment: Attracting Foreign Direct Investment

This paper broadly deals with the concerns of the multinationals in the area of taxation environment. Section two of this paper deals with the genesis of the recent crisis in this area and issues invo...

Section: Working Papers

by R Singh | On 01 Jun 2016

Financial Sector Legislative Reforms Commission (FSLRC) and Financial Sector Regulation in India

This paper examines the changes in regulation in four G7 countries post the financial sector breakdown of 2008 and suggestions made by the Financial Stability Board with respect to e.g. capital adequa...

Section: Working Papers

by Jaimini Bhagwati | On 01 Jun 2016

India –Pakistan Trade: Textiles and Clothing

This study analyses the reasons for low levels of trade, the nature of trade in this sector and the intra-industry trade between the countries. The study also throws light on the informal trade in tex...

Section: Working Papers

by Nisha Taneja | On 01 Jun 2016

Innovation (and Upgrading) in the Automobile Industry: The Case of India

This paper focuses on the automobile industry and examines the nature of global value chains in it with reference to the case of India. The aim is to explore the relation between lead firms, particula...

Section: Working Papers

by Saon Ray | On 01 May 2016

Surveillance of Chronic Diseases: Challenges and Strategies for India

This paper describes the status, challenges and scope for strengthening surveillance of chronic disease risk factors, morbidities and mortality in India. Surveillance experience of four selected Stat...

Section: Working Papers

by Udaya S. Mishra | On 01 May 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...

Section: Working Papers

by Mihir Shah | On 01 May 2016

India’s Phytonutrient Report - A Snapshot of Fruits and Vegetables Consumption, Availability and Implications for Phytonutrient Intake

The objective of the study is to understand the ‘actual’ consumption patterns of fruits and vegetables in India and compare this to the World Health Organization (WHO) ‘recommended’ quantity for an ad...

Section: Reports

by Arpita Mukherjee | On 01 Feb 2016

Human Capital Potential of India's Future Workforce

This paper discusses India’s demographic dynamics and argues that policymakers have the widest window of opportunity with that segment of population which is poised to enter the workforce between 203...

Section: Working Papers

by Ali Mehdi | On 01 Sep 2015

Human capital potential of India’s future workforce

This paper discusses India’s demographic dynamics and argues that policymakers have the widest window of opportunity with that segment of population which is poised to enter the workforce between 2030...

Section: Working Papers

by Ali Mehdi | On 01 Sep 2015

Rationalising Fertiliser Subsidy in India: Key Issues and Policy Options

Given the importance of agriculture in any sizable country to feed its people, most countries have subsidised agriculture in the past. Fertiliser subsidy in India has succeeded in achieving its object...

Section: Working Papers

by Ashok Gulati | On 01 Aug 2015

Reimagining India’s Urban Future: A Framework for Securing High-Growth, Low-Carbon, Climate-Resilient Urban Development in India

This paper reviews the current state of the literature on Indian urbanization to analyze existing urban development trajectories at the state level in order to understand the challenges Indian cities...

Section: Working Papers

by Meenu Tewari | On 01 Aug 2015

Report on Evaluation of the Impact of the Scheme for Mega Food Park of the Ministry of Food Processing Industries

This scheme was rolled-out in 2008-09 and at present is in its fourth phase. The objective includes a comparative analysis of the scheme with similar schemes of the government, an evaluation of select...

Section: Policy Briefs

by Indian Council for Research on International Econo ICRIER | On 31 Jul 2015

Creating Manufacturing Jobs in India: Has Openness to Trade Really Helped?

After following inward oriented economic policies for nearly four decades, India opened up to international trade in the early 1990s. Since then, the trade integration of the Indian economy in general...

Section: Working Papers

by Pankaj Vashisht | On 01 Jun 2015

The National Food Security Act (NFSA) 2013 - Challenges, Buffer Stocking and the Way Forward

The paper empirically maps the annual distribution commitment (61.43 MMTs) of the government with the procurement pattern of rice and wheat, for each quarter, to estimate the quarterly operational sto...

Section: Working Papers

by Shweta Saini | On 01 Mar 2015

India-Pakistan Trade: A Case Study of the Pharmaceutical Sector

This paper attempts to evaluate the possible gains and losses arising from the gradual opening up of pharmaceutical trade between India and Pakistan. The comparative advantages of both countries at a...

Section: Working Papers

by Vaqar Ahmed | On 01 Dec 2014

What Explains the Productivity Decline in Manufacturing in the Nineties in India?

This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor productivity growth (TFPG), technical change, and efficiency change for a panel of firms...

Section: Working Papers

by Saon Ray | On 01 Nov 2014

Evolution and Critique of Buffer Stocking Policy of India

An evaluation of the country’s buffer stock policy reveals gaps and inefficiencies. Large quantities of food grains have accumulated in the godowns of the Food Corporation of India (FCI) and its nom...

Section: Working Papers

by Shweta Saini | On 01 Sep 2014

Creating Jobs in India’s Organised Manufacturing Sector

Despite witnessing a decade of rapid economic growth, an acceleration of growth in the organised manufacturing sector has eluded India. Using data from the Annual Survey of Industries, the factors hol...

Section: Working Papers

by Radhicka Kapoor | On 01 Sep 2014

Creating Jobs in India’s Organised Manufacturing Sector

This paper attempts to study the factors holding back the growth of output and employment in this manufacturing sector. The creation of a large number of industrial jobs made possible by the rapid gro...

Section: Working Papers

by Radhicka Kapoor | On 01 Sep 2014

Salient Features of Measuring, Interpreting and Addressing Indian Inflation

The paper reviews the calculation of Indian wholesale and consumer price indices and suggests improvements in the light of past experience and international best practices. It confirms that food infla...

Section: Working Papers

by Kirti Gupta | On 01 Jul 2014

Using IPRs to Protect Niches? Evidence from the Indian Textile and Apparel Industry

This paper focuses on the Indian T&A sector and on non-patent IP rights, such as trademarks, industrial designs, copyrights, and geographical indication as well as informal protections to examine whet...

Section: Working Papers

by Suparna Karmakar | On 01 Jan 2014

Monsoon 2013: Estimating the Impact on Agriculture

This paper attempts to project the likely impact of robust monsoon rains of 2013 on the Agricultural Gross Domestic Product (GDP) growth in India. The model hypothesizes that the performance of agricu...

Section: Working Papers

by Ashok Gulati | On 01 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...

Section: Working Papers

by Samarjit Das | On 01 Sep 2013

FDI in Services and India

Developing countries, including India, are increasing relying on foreign direct investments (FDI) for raising finance for infrastructure development and other projects. Consequently, coun...

Section: Research Papers

by Tanu M Goyal | On 01 Aug 2013

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...

Section: Working Papers

by Sahana Roy Chowdhury | On 01 Apr 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...

Section: Working Papers

by M. Govinda Rao | On 01 Jan 2013

Why was the Participation of Indian States in the Growth Turnaround so Patchy? Some Evidence Based on Robustness Analysis

In Ghate & Wright Journal of Development Economics, vol. 99 (2012) pp 58–67, it was noted that there was considerable variation in the extent to which different Indian states participated in the Gr...

Section: Working Papers

by Chetan Ghate | On 01 Oct 2012

Impact of Climate Change on Agriculture and Food Security

This paper takes a broader view and explores the multiple effects that global warming and climate change could have on food production and food security. Dealing with climate change would require stre...

Section: Policy Briefs

by S. Richa | On 16 May 2012

Dispute Settlement in the WTO, Developing Countries and India

The paper undertakes an examination of the experience of developing countries with dispute settlement vis-à-vis developed countries during the 17 years since the entry into force of the WTO Agreement....

Section: Policy Briefs

by Anwarul Hoda | On 30 Apr 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...

Section: Working Papers

by Karan Singh | On 20 Apr 2012

Approaches to the Development of Renewable and Clean Energy in Brazil, China, Egypt, India and South Africa: Lessons of Emerging Countries

The populous, fast growing emerging economies of Brazil, China, Egypt, India and South Africa face daunting challenges on the energy, environment and climate change fronts. These five countries accoun...

Section: Policy Briefs

by Kirit Parikh | On 30 Mar 2012

Approaches to Food Security in Brazil, China, India, Malaysia, Mexico and Nigeria: Lessons for Developing Countries

This paper provides a synthesis of the experiences of six countries (Brazil, China, India, Malaysia, Mexico, and Nigeria) in enhancing food security of their population. Approximately 46 per cent of t...

Section: Policy Briefs

by Pooja Sharma | On 30 Mar 2012

Toward a Framework for Implementation of Climate Change Treaty through Self-enforcing Mechanisms

The paper discusses the pros and cons of the already proposed international cooperative mechanisms toward climate change mitigation and highlights the problem of information revelation, particularly...

Section: Working Papers

by Meeta Keswani Mehra | On 20 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

Section: Policy Briefs

by Ashima Goyal | On 18 Jan 2012

Ethanol Blending Policy in India: Demand and Supply Issues

In the year 2008, the Government of India announced its National Policy on biofuels, mandating a phase-wise implementation of the programme of ethanol blending with petrol in various states. This stud...

Section: Policy Briefs

by Saon Ray | On 31 Dec 2011

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

Section: Policy Briefs

by Alok Sheel | On 30 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...

Section: Policy Briefs

by Parthasarathi Shome | On 12 Dec 2011

The Politics of Water Discourse in Pakistan

The policy brief explores the evolving discourse on water issues in Pakistan where the process of political articulation, securitization and mobilization which often links water to Kashmir is studied....

Section: Policy Briefs

by Medha Bisht | On 21 Aug 2011

Impact of the Retail FDI Policy on Indian Consumers and the Way Forward

This paper analyses the impact of the retail FDI policy on Indian consumers and make policy recommendations for the Indian government. Based on a primary survey of Indian consumers, the paper examines...

Section: Policy Briefs

by Arpita Mukherjee | On 19 Aug 2011

Unilateral Carbon Border Measures: Key Legal Issues

Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have been engaged in discussions on the future of the climate change regime. While the principle of “common but differenti...

Section: Policy Briefs

by Anuradha R. V. | On 01 Jul 2011

India’s Experience in Navigating the Trilemma: Do Capital Controls Help?

Managing capital flows is the key policy challenge for emerging economies like India in the aftermath of the crisis. In contrast to other emerging markets who are levying capital controls, India‘s mac...

Section: Working Papers

by R. Kohli | On 04 Jun 2011

Monetary Policy and Credit Demand in India and Some EMEs

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...

Section: Working Papers

by B L Pandit | On 24 May 2011

Trans-border Identities: (A Study on the Impact of Bangladeshi and Nepali Migration to India)

This paper deals with migration into India from adjoining neighbours and its impact on security and other issues of national interest. Unlike other studies on migration, it focuses on the ethnic ident...

Section: Policy Briefs

by Subhakanta Behera | On 23 May 2011

Enhancing Intra-SAARC Trade: Pruning India’s Sensitive List under SAFTA

The study suggests an approach to reduce India’s sensitive list under SAFTA. The concept of Revealed Comparative Advantage has been used to pair the RCAs for products on India’s sensitive list with th...

Section: Working Papers

by Nisha Taneja | On 29 Apr 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,...

Section: Working Papers

by Ila Patnaik | On 27 Apr 2011

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

Section: Working Papers

by Parthasarathi Shome | On 18 Apr 2011

Indian Economy: Selected Methodological Advances

This paper develops tools to examine selected major issues in the Indian economy. The study computes the potential growth rate of the economy and the agricultural sector, extends the analysis of fisca...

Section: Working Papers

by Mathew Joseph | On 11 Feb 2011

Healthcare Delivery and Stakeholder’s Satisfaction under Social Health Insurance Schemes in India: An Evaluation of Central Government Health Scheme (CGHS) and Exservicemen Contributory Health Scheme (ECHS)

This study attempted to evaluate the working of the Central Government Health Scheme (CGHS) and Ex-servicemen Contributory Health Scheme (ECHS) by assessing patient satisfaction as well as the issue...

Section: Working Papers

by Sukumar Vellakkal | On 21 Dec 2010

Addressing New Service Sectors in WTO/FTAs: Express Delivery and India

The service sector is evolving. New services and new modes of delivering existing services have increased the complexities of services negotiations in the WTO and in FTAs. The WTO negotiations focu...

Section: Working Papers

by Arpita Mukherjee | On 20 Aug 2010

The Debate on the Poverty Estimates of 1999–2000

This paper compares the latest estimates of poverty (1999–2000) made by the Planning Commission with earlier estimates of the 1980s and 1990s, focusing on the methodology and database used for estim...

Section: Working Papers

by K.L. Datta | On 11 Aug 2010

Informal Trade in the SAARC region

This paper explores issues relating to informal trade in the SAARC region. It spells out the reasons underpinning illegal trade in the South Asian region. Further it focuses on the estimated size an...

Section: Working Papers

by Nisha Taneja | On 10 Aug 2010

Sports Retailing in India: Opportunities, Constraints and Way Forward

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign...

Section: Working Papers

by Arpita Mukherjee | On 13 Jun 2010

Trade in Financial Services: India's Opportunities and Constraints

This paper analyzes the prospects for liberalizing financial services under the GATS, in view of India’s interests and concerns in this sector. The paper consists of seven sections. Section 2 discuss...

Section: Working Papers

by Rupa Chanda | On 03 Jun 2010

The Service Sector as India’s Road to Economic Growth?

Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in se...

Section: Working Papers

by Barry Eichengreen | On 24 Apr 2010

Drivers of Academic Research and Patenting in India: Econometric Estimation of the Research Production Function

In this paper we attempt to provide a comprehensive understanding of the drivers of academic research and patenting in India. Research inputs by a faculty member are considered to be an outcome of h...

Section: Working Papers

by Amit Shovon Ray | On 20 Apr 2010

OTC Derivatives Market in India: Recent Regulatory Initiatives and Open Issues for Market Stability and Development

The paper seeks to prove the point that the Indian OTC derivatives markets, unlike many other jurisdictions, are well regulated. Only contracts where one party to the contract is an RBI regulated e...

Section: Working Papers

by Dayanand Arora | On 03 Apr 2010

Socio-Economic Impact of Mobile Phones on Indian Agriculture

This paper investigates a series of questions that explore this topic: What kind of information do farmers value the most to improve agricultural productivity? Do mobile phones and mobile-enabled ag...

Section: Working Papers

by Surabhi Mittal | On 03 Feb 2010

Patenting Public-Funded Research For Technology Transfer: A Conceptual-Empirical Synthesis of US Evidence and Lessons for India

The question of protecting intellectual property rights by academic inventors was never seriously contemplated until the introduction of the Bayh-Dole Act in 1980 in the US. The Act allowed universiti...

Section: Working Papers

by Amit Shovon Ray | On 30 Jan 2010

India-Japan Investment Relations:Trends & Prospects

Though Japan had been one of the top five investors in India for long, its share in India’s total FDI inflows has been dwindling since 2000. Other countries have surpassed Japan in terms of the...

Section: Working Papers

by Geethanjali Nataraj | On 25 Jan 2010

Japan’s Foreign Direct Investment Experiences in India: Lessons Learnt from Firm Level Surveys

The paper first gives a brief history and comparison of Japanese foreign direct investment into India and other Asian countries, highlighting the fact that Japanese investment into India is quite lo...

Section: Working Papers

by Srabani Roy Choudhury | On 19 Dec 2009

India-Korea Trade and Investment Relations

The present paper analyses trade and investment relations and explores future areas of potential co-operation between India and Korea. The study also suggests the areas where there is huge scope for i...

Section: Working Papers

by Pravakar Sahoo | On 14 Dec 2009

Food Security in South Asia: Issues and Opportunities

The study aims to identify issues relating to food security, the policy initiatives taken to tackle these issues, evaluate these policies and suggest measures to overcome identified constraints in ord...

Section: Working Papers

by Surabhi Mittal | On 11 Sep 2009

South-South FDI vs North-South FDI: A Comparative Analysis in the Context of India

This paper attempts to compare the characteristics of South-South FDI versus North-South FDI in the context of India. The analysis is carried at two levels. First t the overall trends of FDI flows (bo...

Section: Working Papers

by Subhasis Bera | On 28 Jul 2009

Aggregate Productivity Growth in Indian Manufacturing: An Application of Domar Aggregation

An attempt is made to compute the aggregate productivity growth using the Domar aggregation technique. Building up from the Total Factor Productivity Growth (TFPG) estimates for 3-digit industries, we...

Section: Working Papers

by Deb Kusum Das | On 12 Jul 2009

Do Labor Intensive Industries Generate Employment? Evidence from firm level survey in India

This study attempts to address the issue of declining labour intensity in India’s organized manufacturing in order to understand the constraints on employment generation in the labour intensive sect...

Section: Working Papers

by Deb Kusum Das | On 13 Jun 2009

The Two Waves of Service-Sector Growth

This paper will hopefully provide an important methodological tool for all researchers who may be attempting to analyze and explain the growth of the service sector and its share in the Indian GDP o...

Section: Working Papers

by Barry Eichengreen | On 08 May 2009

Adverse Selection and Private Health Insurance Coverage in India A Rational Behaviour Model of Insurance Agents under Asymmetric Information

In the backdrop of the low level of health insurance coverage in India, this study examines the determinants of the scaling-up process of health insurance by analyzing the rational behaviour of an i...

Section: Working Papers

by Sukumar Vellakkal | On 22 Feb 2009

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...

Section: Working Papers

by T.N. Srinivasan | On 20 Feb 2009

Trade in Energy Services: GATS and India

India’s opportunities and constraints to trade in energy services within the GATS framework are examined. The study found that India has the capability of exporting high-skilled manpower at competit...

Section: Working Papers

by Arpita Mukherjee | On 25 Jan 2009

The Missing Middle

The purpose of this paper is to provide evidence, and argue, that stunning as India’s success is, the potential – and need – is for still more reform and more rapid growth. 8 percent is a good rate of...

Section: Working Papers

by Anne O. Krueger | On 17 Jan 2009

What Can Be Learned About the Economies of China and India from Purchasing Power Comparisons?

Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Programme (I...

Section: Working Papers

by Alan Heston | On 20 Dec 2008

The Cost Competitiveness of Manufacturing in China and India: An Industry and Regional Perspective

This paper focuses on comparisons of productivity, (unit) labor cost and industry-level competitiveness for the manufacturing sector of China and India. They first provide a comparison between India a...

Section: Working Papers

by Bart Van Ark | On 20 Dec 2008

The Chinese Export Bundles: Patterns, Puzzles and Possible Explanations

Using product-level data on exports from different cities within China, this paper investigates the contributing factors to the rising export sophistication. [WP no. 226].

Section: Working Papers

by Zhi Wang | On 26 Nov 2008

Emerging through Technological Capability: An Overview of India’s Technological Trajectory

In this paper an overview of India’s technological trajectory with a view to understanding the nuances of India’s technological capability and the role it has played in the process of India’s econom...

Section: Working Papers

by Amit Shovon Ray | On 26 Nov 2008

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

Section: Working Papers

by Shankar Acharya | On 29 Oct 2008

Deconstructing China’s and India’s Growth: The Role of Financial Policies

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector...

Section: Working Papers

by Jahangir Aziz | On 07 Oct 2008

Pollution Across Chinese Provinces

The environmental Kuznets curve (EKC) hypothesis is revisited using 1987-1995 data for Chinese provinces.

Section: Working Papers

by Catherine Yap Co | On 29 Sep 2008

Impact of Organized Retailing on the Unorganized Sector

The study has indicated how consumers and farmers benefit from organized retailers. The study has also examined the impact on intermediaries and manufacturers. The results are indicative of the mega-a...

Section: Working Papers

by Mathew Joseph | On 23 Sep 2008

China and India: A Tale of Two Trade Integration Approaches

The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals that while much has already been achieved in both these economies, the Chinese re...

Section: Working Papers

by Przemyslaw Kowalski | On 04 Aug 2008

Trading with Asia’s Giants

India represents a sharp contrast to China in the small size of its goods trade. Although India’s GDP is a third that of China, its global trade is only about 12 percent as large while its trade with...

Section: Working Papers

by Barry Bosworth | On 02 Aug 2008

Informal Values and Formal Policies:A study of Japanese Technology Policy and Significance for India

The main objective of this paper is to analyse some aspects of Japanese policy in the post World War-II period and understand how the various informal institutions (shared mental models) have influen...

Section: Working Papers

by Saradindu Bhaduri | On 31 Jul 2008

Regional Economic Integration and FDI in South Asia : Prospects and Problems

The slow progress and modest achievements of regional integration in South Asia have generated a huge amount of skepticism about its role as an effective strategy of growth. The present study, howev...

Section: General

by Aradhna Aggarwal | On 22 Jul 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...

Section: Working Papers

by Pravakar Sahoo | On 07 Jul 2008

Index of Financial Inclusion

The promotion of an inclusive financial system is considered a policy priority in many countries. While the importance of financial inclusion is widely recognized, the literature lacks a comprehensive...

Section: Working Papers

by Mandira Sarma | On 26 Jun 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...

Section: Working Papers

by Purnamita Dasgupta | On 24 May 2008

Changing Paradigm of Indo-Japan Relations: Opportunities and Challenges

This paper presents an overview of Indo-Japan cooperation since late 18th and early 19th century till date. In the light of the changing paradigm in India-Japan relations over the past several years,...

Section: Working Papers

by PG Rajamohan | On 01 Apr 2008

Demand-Supply Trends and Projections of Food in India

The present paper presents the supply and demand trends of rice, wheat, total cereals, pulses, edible oil/oilseeds and sugar/sugarcane. It provides the demand and supply projections for food items d...

Section: Working Papers

by Surabhi Mittal | On 26 Mar 2008

An Open Services Regime Recipe for Jobless Growth?

This paper reviews India’s experience to understand how services sector liberalisation can generate (welfare) gains for developing countries, in particular vis-à-vis its employment generation potenti...

Section: Working Papers

by Suparna Karmakar | On 14 Mar 2008

What Constrains Indian Manufacturing

India has undertaken extensive reforms in its manufacturing sector in the last two decades. However, an acceleration of growth in manufacturing, and a concomitant increase in employment, has eluded...

Section: Working Papers

by Poonam Gupta | On 11 Mar 2008

Rural Nonfarm Employment and Incomes in the Himalayas

This paper analyzes the determinants of participation in nonfarm activities and of nonfarm incomes across rural households. A unique data set collected in the Himalayan region of India allows us to...

Section: Working Papers

by Maja Micevska | On 29 Feb 2008

Determinants of Competitiveness of the Indian Auto Industry

This paper analyses the determinants of competitiveness of auto industry in India, based on a field survey and a quantitative analysis of secondary data. It highlights that all segments of Indian auto...

Section: Working Papers

by Badri Narayanan G. | On 29 Jan 2008

South Asian Integration Prospects and Lessons from East Asia

In the context of the low levels of regional cooperation among South Asian countries when compared with the successful results from cooperation in East Asia (consisting of South East and East Asian...

Section: Working Papers

by Ramesh Chandra | On 18 Jan 2008

India Pakistan Trade Possibilities and Non-tariff Barriers

This paper aims to identify the bilateral trade possibilities and non-tariff barriers between India and Pakistan. The study shows that there is a large untapped trade potential between the two coun...

Section: Working Papers

by Nisha Taneja | On 31 Oct 2007

Trade Possibilities and Non-Tariff Barriers to Indo-Pak Trade

There is a large untapped trade potential between the two countries. Using the potential trade approach, the study finds that the export potential from India to Pakistan is to the tune of US$ 9.5 bill...

Section: Working Papers

by Nisha Taneja | On 29 Oct 2007

Impact of Preventive Health Care of Indian Industry and Economy

The empirical evidence on the relationship between preventive health care and labour productivity and corporate profitability is examined. Recommendations are offered for policymakers and corporate ma...

Section: Working Papers

by Alka Chadha | On 18 Sep 2007

Can Horticulture be a Success Story for India?

In spite of being one of the largest producers of fruits and vegetables in the world, the export competitiveness among the Indian producers remains low. But with new marketing initiatives, the post-ha...

Section: Working Papers

by Surabhi Mittal | On 24 Aug 2007

OECD Agricultural Trade Reforms Impact On India's Prces and Producer's Welfare

The welfare of the producers are analysed with the main focus on small farmers. The analysis presented in the paper is an approximation of the general equilibrium analysis. The four parts of this appr...

Section: Working Papers

by Surabhi Mittal | On 16 Jul 2007

Capital Adequacy Regime in India: An Overview

In this paper an analytical review of the capital adequacy regime and the present state of capital to risk-weighted asset ratio (CRAR) of the banking sector in India has been presented. In the curre...

Section: Working Papers

by Mandira Sarma | On 14 Jul 2007

Cost and Productivity in Indian Textiles: Post MFA Implications

With the Multi Fibre Agreement (MFA) expiring on 1st January 2005, the competition in textile and clothing industry is likely to increase. The paper finds an inverse relationship between the unit cost...

Section: Working Papers

by Danish A Hashim | On 21 Jun 2007

Trade Liberalization and Industrial Productivity: An Assessment of Developing Country Experiences

The relationship between trade liberalization and industrial productivity in developing countries, drawing upon a large number of studies in Latin America, Africa and Asia is explored. Beginning with...

Section: Working Papers

by Deb Kusum Das | On 21 Jun 2007

Impact of Liberalisation on Wages and Employment in Indian Manufacturing Industries

The impact of liberalisation on labour markets is examined by the impact of foreign direct investment (FDI), trade and technology on wages and employment in Indian organised manufacturing industries...

Section: Working Papers

by Rashmi Banga | On 01 Jun 2007

GATS : Domestic Regulations versus Market Access

The paper highlights the dilemma faced by developing countries in balancing market access rights with the need to regulate service providers, in light of the ongoing negotiations under Article VI:4 of...

Section: Working Papers

by Suparna Karmakar | On 24 May 2007

Impact of Special Economic Zones on Employment, Poverty and Human Development

There are three channels through which SEZs address these issues: employment generation, skill formation (human capital development), and technology and knowledge upgradation. It examines how the imp...

Section: Working Papers

by Aradhna Aggarwal | On 02 May 2007

Technological Capability as a Determinant of FDI Inflows: Evidence from Developing Asia & India

During 2006-07, FDI inflows into India were more than double than those in 2005-06. Indeed, during April-January 2006-07, inward FDI into India at US$16.4 billion, was far higher than the annual ave...

Section: Working Papers

by Amitendu Palit | On 29 Apr 2007

India's Informal Trade With SriLanka

The study is based on an extensive survey carried out in the Indian cities of Chennai, Trichy, Thiruvananthapuram, Tuticorin, Mumbai and Rameshwaram. Informal trade between India and Sri Lanka is larg...

Section: Working Papers

by Nisha Taneja | On 19 Apr 2007

Indo-Sri Lanka Trade In Services: FTA II And Beyond

India and Sri Lanka are in the process of negotiating Comprehensive Economic Partnership Agreement. In this context, the study shows that since there has been an increase in services trade between the...

Section: Working Papers

by Nisha Taneja | On 16 Apr 2007

Indo-U.S. FTA: Prospects for Audiovisual Services

Many WTO (World Trade Organization) member countries, including India, are defensive about opening up of the audiovisual sector in the Doha Round due to reasons of cultural sensitivity. On the other...

Section: Working Papers

by Arpita Mukherjee | On 17 Feb 2007

Does Capital Account Openness Lower Inflation?

This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that widespread capital account liberalization during the last two decades appears...

Section: Working Papers

by Abhijit Sen Gupta | On 29 Jan 2007

An Analysis of the Special Safeguard Mechanisms in the Doha Round of Negotiations A Proposed Price-trigger-based Safeguard Mechanism

This paper takes a detailed look at the SSM and analyzes its usefulness for developing countries. It also explores how the concept of a special agricultural safeguard has evolved in the present roun...

Section: Working Papers

by Parthapratim Pal | On 11 Oct 2006

Asian Economic Integration ASEAN+3+1 or ASEAN+1s?

In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia. Given that ASEAN is an existing regional bloc in Asia, alternative approaches to the...

Section: Working Papers

by Amita Batra | On 04 Sep 2006

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...

Section: Working Papers

by Surabhi Mittal | On 25 Aug 2006

Higher Education in India: The Need for Change

The paper relates the growth of higher education in India to the changing funding pattern and suggests ways to ensure that higher education remains both affordable and accessible to all. The author...

Section: Working Papers

by Pawan Agarwal | On 25 Jul 2006

India-Pakistan Trade

On the basis of a survey conducted in three cities viz., Delhi, Mumbai and Amritsar the paper examines the characteristics of firms engaged in Indo- Pakistan trade. It also estimates the transaction...

Section: Working Papers

by Nisha Taneja | On 10 Jun 2006

The Role of Price and cost Competitiveness in Apparel Exports, post MFA: A Review

Global outsourcing, technical change, and falling barriers to trade worldwide have transformed the structure of production and global competition in the textile and apparel industry. This sector has...

Section: Working Papers

by Meenu Tiwari | On 20 Nov 2005

Towards Developing Subsidy Disciplines under GATS

The next major boost to world trade is expected to come from greater trade in services. And this is possible only when greater liberalization in services is achieved which in turn depends on the prog...

Section: Working Papers

by Rajeev Ahuja | On 01 Nov 2005

The Economic Basis of Global Power: VIP2 A Simple Index of National Power Potential

Though Paul Kennedy and other scholars of National Security, Diplomacy and Foreign relations have emphasized the importance of the economy in National Power, not many economists have taken an interes...

Section: Working Papers

by Arvind Virmani | On 01 Nov 2005

India-ASEAN Cooperation in Services: An Overview

This paper analyses the opportunities in services trade that may arise out of the India-ASEAN Economic Cooperation to makes an assessment of the net gains that could arise from liberalisation of the c...

Section: Working Papers

by Suparna Karmakar | On 01 Nov 2005

Impact on India of Tariff and Quantitative Restrictions under WTO

This paper assesses the impact of India’s unilateral tariff reductions and lowering of quantitative restrictions since 1991. It then evaluates the WTO commitments on nonagricultural market access in...

Section: Working Papers

by Bishwanath Goldar | On 01 Nov 2005

Customs Tariff Reform

This paper talks about the customs tariff reforms in India that have come down significantly over the last decade. The 'peak' customs duty rate for instance has progressively come down from around 150...

Section: Policy Briefs

by Arvind Virmani | On 03 Dec 2004

Transparency in Government Procurement

While in their purchase operations, as in all other activities, governments endeavour to maximise the use of scarce financial resources. Some of these objectives are to promote the development of a do...

Section: Working Papers

by Anwarul Hoda | On 07 Nov 2004

Transperancy in Government Procurement

While in their purchase operations, as in all other activities, governments endeavour to maximize the use of scarce financial resources, the 'cost minimising objective underlying competitive bidding r...

Section: Working Papers

by Anwarul Hoda | On 03 Nov 2004

The WTO Anti-Dumping Code: Issues for Review in Post-Doha Negotiations

According to the GATT principle of most favoured nation (MFN) treatment, trade must be conducted on the basis of non-discrimination between Members of the WTO. 'Like Products' must be taxed the same w...

Section: Research Papers

by Aradhna Aggarwal | On 07 Sep 2004

Trade in Environmental Services: Opportunities and Constraints

The environment industry has witnessed rapid growth over the last two decades. Industry surveys in the mid- 1990s had estimated that the global environment industry revenue would increase from US$ 469...

Section: Working Papers

by Aparna Sawhney | On 04 Aug 2004

Economic Growth, Governance and Voting Behaviour: an Application to Indian Elections

The focus of this paper is on the potential economic factors underlying voter behaviour in a democracy. It develops a simplified model based on economic theory (welfare & conditional probabilities)...

Section: Working Papers

by Arvind Virmani | On 28 Jul 2004

Agreement on Subsidies and Countervailing Measures: Need for Clarification and Improvement

This study is aimed at assessing the Agreement on Subsidies and Countervailing Measures (ASCM) from the perspective of the developing countries such as India and identifying the improvements and clari...

Section: Research Papers

by Anwarul Hoda | On 08 Jul 2004

Special and Differential Treatment in Agricultural Negotiations

Over the past four decades or so, the issues that have dominated WTO/GATT negotiations have generally fallen in the prototype of either a transatlantic conflict or a North-South divide. The latter has...

Section: Research Papers

by Anwarul Hoda | On 07 Jun 2004

Labour Quality in Indian Manufacturing A State Level Analysis

The paper provides the educational composition of the manufacturing workers in the eighteen selected states of India during the last four NSSO rounds on Employment and Unemployment in India covering...

Section: Working Papers

by Suresh Chand Aggarwal | On 13 Apr 2004

Investment Climate and Total Factor Productivity in Manufacturing: Analysis of Indian States

Liberalisation initiatives have been taken by India with a view to improve the efficiency of manufacturing industries and achieving faster GDP growth. The present paper investigates the influence of...

Section: Working Papers

by C Veermani | On 01 Apr 2004

Volatality of Agricultural Prices – An Analysis of Major International and Domestic Markets

The price volatility of agricultural commodities assumes critical importance in the context of the ongoing debate regarding agricultural trade liberalisation in India. The arguments against agricultur...

Section: Working Papers

by C S C Sekhar | On 12 Jun 2003

Trade in Health Services

The paper provides an overview of the nature of trade in health services in the world economy. It oulines some of the general implications of trade in health services for national health systems for a...

Section: Working Papers

by Rupa Chanda | On 13 Nov 2001

Liberalisation, Multinational Enterprises and Export Performance: Evidence from Indian Manufacturing

The paper attempts to analyse the export-enhancing role of MNEs in the Indian manufacturing sector during the 1990s. The CAPITAL LINE database is used. The database includes firms engaged in both manu...

Section: Working Papers

by Aradhna Aggarwal | On 07 Jun 2001

Size, Efficiency and Financial Reforms in Indian Banking

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, se...

Section: Working Papers

by Pradeep Srivastava | On 23 Jul 1999

Chinese Mercantilism: Currency Wars and How the East was Lost

The world changed on July 2, 1997 when Thailand floated the baht. Explanations abound on the origins of the crisis - indeed it is a growth industry. This study is part of that explosion. It has seve...

Section: Working Papers

by Surjit S. Bhalla | On 10 Jul 1998

Intellectual Property Rights in Indian Agriculture

This paper distinguishes the Intellectual Property Rights relevant to agriculture and explain these rights. The international intellectual property law for these rights will be described. India's in...

Section: Working Papers

by Jayashree Watal | On 03 Jul 1998