Indira Gandhi Institute of Development Research, Mumbai

The Indira Gandhi Institute of Development Research (IGIDR) is an advanced research institute established and fully funded by the RBI.

Address: The Director (Vice Chancellor)IGIDRGen. A.K.Vaidya MargGoregaon (E)Mumbai - 400 065 (INDIA)

Tel: (022) 2840 0919/20/21,28416200

Fax: (022) 2840 2752/28416399

Email Id: soffice@igidr.ac

Website: http://www.igidr.ac.in

Paper Type:

Transformation of Indian Agriculture? Growth, Inclusiveness and Sustainability

This paper provides 10 conclusions on the policies needed to achieve three goals of agricultural development in India. These are : (1) There is a need for change in the narrative in the new context; (...

Section: Working Papers

by S. Mahendra Dev | On 15 Dec 2018

Time – Varying Spectral Analysis: Theory and Applications

Non-stationary time series are a frequently observed phenomenon in several applied fields, particularly physics, engineering and economics. The conventional way of analysing such series has been via s...

Section: Working Papers

by Dilip M. Nachane | On 15 Dec 2018

Competition in Two Sided Markets with Congestion

This paper analyses competition in a two sided market with congestion. The existing literature’s pricing mechanisms of two-sided markets has concluded that pricing mechanism depends on the following t...

Section: Working Papers

by Swapnil Sharma | On 01 Dec 2018

Looking Beyond the Farm and Household: Determinants of On-farm Diversification in India

This paper analyses the factors affecting on-farm diversification decision. Notwithstanding the influence of farm and household conditions, studies have also highlighted the role of external pull fact...

Section: Working Papers

by Varun Kumar Das | On 15 Nov 2018

Insights from Behavioral Economics on Current Policy Issues

The paper examines behavioral constraints in policy-making and in achieving coordination across policies. First it applies psychological concepts to understand policy inadequacies, and next examines h...

Section: Working Papers

by Ashima Goyal | On 15 Oct 2018

Money and Business Cycle: Evidence From India

This paper takes a New Keynesian model with non-separable money in utility to Indian data using maximum likelihood. The identification problem in isolating the effect of money on output and inflation...

Section: Working Papers

by Ashima Goyal | On 15 Sep 2018

Indian Banks and the Prevention of Corruption Act: Freedom and Discipline

Selfless activists like Mr. Pai teach us the importance of continuously interrogating the functioning of our democracy. The NPA issue has persisted for almost a decade. It has eroded the profitability...

Section: Working Papers

by Ashima Goyal | On 15 Sep 2018

Evaluating India's Exchange Rate Regime Under Global Shocks

The paper assesses the performance of India's managed float with respect to maintaining a real competitive exchange rate, its effect on trade, on stability of currency and financial markets, and on in...

Section: Working Papers

by Ashima Goyal | On 15 Aug 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

Gross capital inflows and outflows to and from emerging market economies (EMEs) have witnessed a significant increase since early 2000s. This rapid increase in these flows accompanied by sharp rise in...

Section: Working Papers

by Ashima Goyal | On 01 Jul 2018

Alternate Instruments to Manage the Capital Flow Conundrum: A Study of Selected Asian Economies

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...

Section: Working Papers

by Rajeswari Sengupta | On 01 Jul 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...

Section: Working Papers

by S. Chandrasekhar | On 01 Jun 2018

Signaling through Public Antitrust Enforcement: A Generalization

This note shows that the argument of Šaljanin(2017) [Šaljanin, 2017. “Signaling through public antitrust enforcement―, Economics Letters 169, 4 - 6] that public antitrust enforcement complements...

Section: Working Papers

by Madhuparna Ganguly | On 01 Apr 2018

A New Model of Mergers and Innovation

This paper reexamines the impact of merger on innovation. Unlike as in Federico et al (2017), it considers the scenario where merged firms combine their research labs. It shows that, in equilibrium, e...

Section: Working Papers

by Piuli Roy Chowdhury | On 01 Mar 2018

Opportunism and Hold-up in the Incomplete Public Private Partnership (PPP) Contracts

This paper attempts to find the answer to this question. It examines the contract design of the Indian PPP road contracts and analyzes its strengths and weaknesses to avoid the opportunism or hold-up...

Section: Working Papers

by Chandan Kumar | On 01 Mar 2018

Role of Bidding Method and Risk Allocation in the Performance of Public Private Partnership (PPP) Projects

This paper analyses the Indian PPP framework, including its bidding process and the standard concession agreement. The paper argues that the existing bidding method (i.e. premium/grant based method) c...

Section: Working Papers

by Chandan Kumar | On 01 Mar 2018

Effects of Contract Governance on Public Private Partnership (PPP) Performance

This paper empirically examines the impact of differences in contract attributes on project outcomes. The hypothesis is to test whether better incentive structure and stricter administrative controls...

Section: Working Papers

by Chandan Kumar | On 01 Mar 2018

The Growth Slowdown and the Working of Inflation Targeting in India

The paper presents a variety of indicators to show that demand constrained output during the period of growth slowdown 2011-17. It also draws on research to show the macroeconomic structure of the eco...

Section: Working Papers

by Ashima Goyal | On 01 Feb 2018

Social Rewards and the Design of Voluntary Incentive Mechanism for Biodiversity Protection on Farmland

The paper examines how endogenous social preferences could affect economic incentive design to encourage biodiversity protection on private land. A 'green' farmer may enjoy esteem from leading by exam...

Section: Working Papers

by Rupayan Pal | On 01 Feb 2018

Inequality, Employment and Public Policy

This paper examines dimensions of inequality including labour market inequalities and discusses public policies needed for reduction in inequalities. It discusses both inequality of outcomes and inequ...

Section: Working Papers

by S.Mahendra Dev | On 01 Jan 2018

Impact of India's Demonetization on Domestic Agricultural Markets

This paper estimates the impact on domestic trade in agricultural commodities of India's demonetization exercise that invalidated 86% of the currency in circulation. Using data on arrivals and prices...

Section: Working Papers

by Nidhi Aggarwal | On 01 Nov 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...

Section: Working Papers

by Sudha Narayanan | On 01 Oct 2017

Non-Performing Assets in Indian Banks: This Time it is Different

Growing non-performing assets is a recurrent problem in the Indian banking sector. Over the past two decades, there have been two such episodes when the banking sector was severely impaired by balance...

Section: Working Papers

by Rajeswari Sengupta | On 16 Sep 2017

Monetary Transmission in India: Working of Price and Quantum Channels

The paper examines the strength and efficacy of transmission from the policy rate and liquidity provision to market rates in India, using event window regression analysis. The paper finds the interest...

Section: Working Papers

by Ashima Goyal | On 01 Sep 2017

Estimating the Relationship between the Current Account, the Capital Account and Investment for India

Causality from the capital account (KA) to the current account (CA) of the balance of payments indicates disruption from capital flows while the reverse can indicate smooth financing of the CA that al...

Section: Working Papers

by Ashima Goyal | On 01 Sep 2017

An Analysis of Revisions in Indian GDP Data

This paper studies the revisions in the annual estimates of India's GDP data. The objective of the analysis is to understand the revision policy adopted by the Central Statistical Organisation (CSO) a...

Section: Working Papers

by Amey Sapre | On 01 Sep 2017

Slowdown in Bank Credit Growth: Aggregate Demand or Bank Non-Performing Assets?

This paper tests the bank lending channel against the aggregate demand channel as an explanation for slow credit growth by estimating the determinants of credit and of non- performing assets (NPAs) us...

Section: Working Papers

by Ashima Goyal | On 01 Sep 2017

Recent Changes in Measurement of India's GDP: Overall Issues and Some Focus on Agriculture

This paper discusses (a) changes in measurement in industry and services (b) changes made in agriculture sector and (c) major issues on the measurement of GDP in new series. There are long term or leg...

Section: Working Papers

by S. Mahendra Dev | On 01 Sep 2017

Drivers of Farmers' Income: The Role of Farm Size and Diversification

The study finds that a U-shaped relationship exists between farm size and farm / farmer's income. The results also show that both on-farm and off-farm diversification have an inverted U-shape relatio...

Section: Working Papers

by Varun Kumar Das | On 01 Sep 2017

On the Importance of Triangulating Datasets to Examine Indians on the Move

A chapter dedicated to migration in the Economic Survey 2016-17 signals the willingness on the part of Indian policymakers to address the linkages between migration, labour markets and economic develo...

Section: Working Papers

by S. Chandrasekhar | On 01 Sep 2017

Watching India's Insolvency Reforms: A New Dataset of Insolvency Cases

This paper introduces a new dataset of orders passed by the National Company Law Tribunal (NCLT) in the insolvency cases under the Insolvency and Bankruptcy Code or IBC. It builds this dataset to atte...

Section: Working Papers

by Sreyan Chatterjee | On 01 Aug 2017

The Plutocratic Bias in the Indian CPI

The Laspeyres-type consumer price index (CPI) is traditionally used to measure the changes in cost-of-living over time. Studies indicate this CPI suffers from a plutocratic bias, attaching greater wei...

Section: Working Papers

by Dilip M. Nachane | On 01 Aug 2017

Domestic Value Added Content of India's Exports: Estimates for 112 Sectors, 1999-2000 to 2012-13

Using Input-Output (IO) analysis, this study provides the time series estimates of domestic value added (DVA) content of India's merchandise and services exports for the period 1999-2000 to 2012-13 an...

Section: Working Papers

by Veeramani C | On 01 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...

Section: Working Papers

by Taniya Ghosh | On 01 Jul 2017

Stock Market Participation in the Aftermath of an Accounting Scandal

This paper studies the impact on investor behaviour of fraud revelation. The paper ask if investors with direct exposure to stock market fraud (treated investors) are more likely to decrease their par...

Section: Working Papers

by Renuka Sane | On 01 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...

Section: Working Papers

by Sanika Sulochani Ramanayake | On 01 Jul 2017

Money's Causal Role in Exchange Rate: Do Divisia Monetary Aggregates Explain More?

The paper investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the...

Section: Working Papers

by Taniya Ghosh | On 01 Jul 2017

Probabilistic Patents, Alternative Damage Rules and Optimal Trade Policy

This paper analyzes interdependencies between optimal trade policy and 'preferred' liability doctrine to assess infringement damages, when intellectual property rights are probabilistic, in a model of...

Section: Working Papers

by Apurva Dey | On 09 May 2017

The Effect of Oil Shocks and Cyclicality in Hiding Indian Twin Deficits

The paper estimates the relationship between the current account and fiscal deficit, and the real exchange rate, in a structural vector auto regression, with Indian data for the managed float period 1...

Section: Working Papers

by Ashima Goyal | On 01 May 2017

Role of Gender Gap in Economic Growth: Analysis on Developing Countries versus OECD Countries

This study investigates the effects of the gender gap on economic growth by using a composite gender gap index from the World Economic Forum. The index captures the multidimensional aspect of the gend...

Section: Working Papers

by Sanika Sulochani Ramanayake | On 01 Jan 2017

The Problem of Inequality

The paper examines consumption, income, regional, social and gender inequalities in India. Income inequalities are much higher that of consumption. It also looks at inequalities in opportunities like...

Section: Working Papers

by S.Mahendra Dev | On 01 Dec 2016

Household Expenditure on Higher Education in India: What Do we Know and What do Recent Data Have to say?

Data from two recent NSSO surveys are analysed to provide estimates of expenditure on higher education and loans availed for higher education. The average share of expenditure on higher education out...

Section: Working Papers

by S. Chandrasekhar | On 01 Dec 2016

Household Expenditure on Higher Education in India: What do we know & What do recent data have to say?

The paper analyse data from two recent NSSO surveys to provide estimates of expenditure on higher education and loans availed for higher education. The average share of expenditure on higher educatio...

Section: Working Papers

by S. Chandrasekhar | On 01 Dec 2016

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...

Section: Working Papers

by Sanjoy Chakravorty | On 01 Nov 2016

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...

Section: Working Papers

by Nidhi Aggarwal | On 01 Nov 2016

Orphan Food? Nay, Future of Food ! Understanding the Pulse of the Indian Market

India can substantially increase her production and yield in pulses with a strategic emphasis on research in public and private sector, expanding irrigation infrastructure, provision of MSP to pulse...

Section: Working Papers

by Satish Y Deodhar | On 01 Sep 2016

Network Externalities And Process R&D: A Cournot-Bertrand Comparison

This paper examines the implication of the nature of competition in a market with network externalities on strategic investment in process R&D by firms. It shows that network externalities have a posi...

Section: Working Papers

by Mili Naskar | On 01 Jul 2016

Picking the Winner: Measuring Urban Sustainability in India

This study provides a snapshot of the sustainability of selected Indian cities by employing 57 indicators in four dimensions to develop an overall city sustainability index. In recent years, its comp...

Section: Working Papers

by B.Sudhakara Reddy | On 01 Jul 2016

Abductive Reasoning in Macroeconomics

Macroeconomic analytical frameworks change with events they are unable to explain. The process is closer to abductive reasoning that is based on both events and analysis, unlike induction which is d...

Section: Working Papers

by Ashima Goyal | On 01 Jul 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...

Section: Working Papers

by Shovan Ray | On 01 Jul 2016

Regulatory Responsiveness in India: A Normative and Empirical Framework for Assessment

This paper seeks to measure the extent to which Indian regulators are responsive in the performance of their functions. The paper focuses on one function common to all Indian statutory regulators, na...

Section: Working Papers

by Anirudh Burman | On 01 Jul 2016

Differential Impacts of Currency Undervaluation on Growth and Exports in Natural Resource vs. Manufacturing Exporting Countries

This paper aims to analyze the differential impact of exchange rate undervaluation on growth and exports in different countries. The paper considers two sets of countries in our dataset-18 countries a...

Section: Working Papers

by Sanika Sulochani Ramanayake | On 01 Jul 2016

Picking The Winner: Measuring Urban

This study provides a snapshot of the sustainability of selected Indian cities by employing 57 indicators in four dimensions to develop an overall city sustainability index. In recent years, its comp...

Section: Working Papers

by B.Sudhakara Reddy | On 01 Jul 2016

From Participation To Repurchase: Low Income Households And Micro-Insurance

The paper asks what drives insurance coverage in low income households by analysing repurchase patterns of micro-insurance policies. The paper uses data on customers of a financial services provider...

Section: Working Papers

by Renuka Sane | On 01 Jul 2016

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...

Section: Working Papers

by Taniya Ghosh | On 01 Jul 2016

Evolution of the insolvency framework for non-financial firms in India

In this paper, the evolution of the corporate insolvency resolution framework, with the objective of linking it back to the policy directive of the time is described. It is concluded that when policy...

Section: Working Papers

by Rajeswari Sengupta | On 01 Jun 2016

From participation to repurchase: Low-income households and micro-insurance

The paper asks what drives insurance coverage in low-income households by analysing repurchase patterns of micro-insurance policies. It uses data on customers of a financial services provider from thr...

Section: Working Papers

by Renuka Sane | On 01 Jun 2016

Honor and Stigma in Mechanisms for Environmental Protection

Honor and stigma play a role in environmental protection. Environmental honors are bestowed on people and firms who go out of their way to do right by the environment. Similarly, environmental stigm...

Section: Working Papers

by Prasenjit Banerjee | On 01 May 2016

Bank Ownership, Board Characteristics and Performance: Evidence from Commercial Banks in India

This paper examines the importance of board size and board composition in determining bank outcomes using data from an emerging economy, India, and using a sample that includes both public and priva...

Section: Working Papers

by Jayati Sarkar | On 01 May 2016

Compliance in Letter and Compliance in Spirit? : Evidence from Board and Audit Committee Meetings in India

This paper analyzes two notions of compliance, 'compliance in letter' and 'compliance in spirit', using data on Board and Audit Committee meetings from India under its Clause 49 corporate governance r...

Section: Working Papers

by Subrata Sarkar | On 01 May 2016

Economic Dynamics and Technology Diffusion in Indian Power Sector

There is a growing concern among policy makers about how electricity is generated and consumed in the context of energy security and global climate change. In such a scenario, renewable energy sources...

Section: Working Papers

by B. Sudhakara Reddy | On 01 May 2016

Oil Price, Exchange Rate and the Indian Macro Economy

The paper investigates the dynamic relationship between movements in oil prices and exchange rates with macroeconomic variables like price, output, interest rate and money by using structural vector a...

Section: Working Papers

by Taniya Ghosh | On 01 May 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...

Section: Working Papers

by Siddhartha Chattopadhyay | On 01 May 2016

Compliance in Letter and Compliance in Spirit? - Evidence from Board and Audit Committee Meetings in India

This paper analyzes two notions of compliance, 'compliance in letter' and 'compliance in spirit', using data on Board and Audit Committee meetings from India under its Clause 49 corporate governance ...

Section: Working Papers

by Subrata Sarkar | On 01 May 2016

Social and Economic Impact Analysis of Vadinar Refinery of Essar Oil: The Case of a Mega Refinery

The paper is a case study of Vadinar refinery in Gujarat. It examines the costs and benefits associated with one of the world's mega refinery projects highlighting the welfare impacts on society. The...

Section: Working Papers

by Sumana Chaudhuri | On 01 Apr 2016

Economic Reforms, Poverty and Inequality

It is going to be 25 years since India embarked on big-bang economic reforms in 1991. What are the achievements in terms of growth and inclusive growth in the post-reform period? What are the issues i...

Section: Working Papers

by S. Mahendra Dev | On 01 Mar 2016

Distortions in Land Markets and their Implications to Credit Generation in India

Land and buildings are a preferred collateral for lenders in India due to its ease of valuation and disposal in the event of default. Yet several distortions afflict Indian land markets that make thi...

Section: Working Papers

by K.P. Krishnan | On 01 Feb 2016

Weathering the Storm: Ownership Structure and Performance of Microfinance Institutions in the Wake of the Global Financial Crisis

This study investigates the effects of the 2008 global financial crisis on the performance of different microfinance ownership types. The analysis in this study relies on a novel methodological frame...

Section: Working Papers

by Mahinda Wijesiri | On 01 Feb 2016

Is there a Case for Exchange Rate Coordination in South Asia?

This paper evaluates the case for greater exchange rate coordination in South Asia. With inter-regional integration in South Asia progressing at a faster pace than the region's integration with the wo...

Section: Working Papers

by Rajeswari Sengupta | On 01 Jan 2016

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...

Section: Working Papers

by DILIP NACHANE | On 01 Jan 2016

Educational Attainment of Young Adults in India: Measures, Trends and Determinants

Given the fact that education of young adults plays crucial role from both economic and social point of view, the objective of the study is to analyse the pattern of improvements in their education a...

Section: Working Papers

by Runu Bhatka | On 01 Dec 2015

Evaluating Reliability of Some Symmetric and Asymmetric Univariate Filters

This paper examines statistical reliability of univariate filters for estimation of trend in leading indicators of cyclical changes.

Section: Working Papers

by Anusha . | On 01 Dec 2015

Reforming Personal Insolvency Law in India

This paper motivates the need for a personal bankruptcy law, and study the existing Indian legal framework in the form of the Presidency Towns Insolvency Act, 1909 (PTIA) for Calcutta, Bombay and Mad...

Section: Working Papers

by Siva Raman | On 01 Dec 2015

Building an Institution of Insolvency Practitioners in India

This paper identifies the rationale for creating a cadre of insolvency professionals who can play an important role in the process of rescuing, restructuring or liquidating a distresse...

Section: Working Papers

by Anirudh Burman | On 01 Dec 2015

Government Expenditure in India: Composition, Cyclicality and Multipliers

This paper assesses the fiscal space and cyclicality of total Indian Central Government expenditure and its major components

Section: Working Papers

by Ashima Goyal | On 01 Dec 2015

The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected t...

Section: Working Papers

by Aparna Ravi | On 01 Nov 2015

Women on Board and Performance of Family Firms: Evidence from India

This paper provides evidence on the effect of women directors on the performance of family firms with a case study of India.

Section: Working Papers

by Jayati Sarkar | On 01 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

Section: Working Papers

by Rajeswari Sengupta | On 01 Aug 2015

Will a Matchmaker Invite her Potential Rival in?

This paper analyzes optimal strategies of an incumbent intermediary, who matches agents on the two sides of a market, in the presence of entry threat under alternative scenarios.

Section: Working Papers

by Rupayan Pal | On 01 Aug 2015

The Comply-or-Explain Approach for Enforcing Governance Norms Subrata Sarkar

In recent years the comply-or-explain approach for enforcing corporate governance norms has gained ground in regulatory parlance. The comply-or-explain approach has the advantage of tailoring govern...

Section: Working Papers

by Subrata Sarkar | On 01 Aug 2015

Universal Food Security Program and Nutritional Intake: Evidence from the Hunger Prone KBK Districts in Odisha

This article provides evidence on the role of consumer food subsidies in improving nutritional intake and diet quality by evaluating the expansion of the government food assistance program coverage i...

Section: Working Papers

by Andaleeb Rahman | On 01 Jun 2015

Trade Liberalisation and Women’s Employment Intensity: Analysis of India’s Manufacturing

In the context of increasing contribution of developing countries in world trade, an important question is whether trade can be used as an instrument to stimulate higher participation of women in the...

Section: Working Papers

by Purna Banerjee | On 01 Jun 2015

Reassessing Exchange Rate Overshooting in a Monetary Framework

This paper revisits the Dornbusch exchange rate overshooting in a different model setting.

Section: Working Papers

by Taniya Ghosh | On 01 Jun 2015

Limits to Arbitrage: The Case of Single Stock Futures and Spot Prices

Market frictions limit arbitrage, but these frictions affect different stocks differently. Using intraday data on a liquid single stock futures and spot market, we examine the arbitrage efficiency of...

Section: Working Papers

by Nidhi Aggarwal | On 01 May 2015

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

The paper describes the institutional features of these markets, with special emphasis on the process of liberalization and deepening in Indian FX markets, in the context of global integration. Since...

Section: Working Papers

by Ashima Goyal | On 01 May 2015

The informational role of algorithmic traders in the option market

This paper investigates the information role of algorithmic traders (AT) in the Nifty index option market. I analyse a unique dataset to test for information-based trading by looking at the effect of...

Section: Working Papers

by Rohini Grover | On 01 May 2015

On Government-Industry Nexus and Indigenous Armed Resistance

This paper proposes a simple game-theoretic framework for analyzing the relationship between the government, industry and indigenous community, especially in the context of mounting violence surroundi...

Section: Working Papers

by Soumyanetra Munshi | On 01 Mar 2015

The Impossible Trinity: Where does India stand?

A comprehensive overview of a few empirical studies is presented that have explored the issue of Trilemma in the Indian context. Based on these studies an analysis is done on how have Indian policy ma...

Section: Working Papers

by Satish Y Deodhar | On 01 Mar 2015

Separating Shocks from Cyclicality in Indian Aggregate Supply

An ongoing debate on the shape of the Indian aggregate supply curve (AS) raises interesting econometric and policy issues. Systematic steps were taken to improve the estimation. On adding better vari...

Section: Working Papers

by Ashima Goyal | On 01 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...

Section: Working Papers

by Ashima Goyal | On 01 Feb 2015

The Productivity of Agricultural Credit in India

This study examines the nature of the relationship between formal agricultural credit and agricultural GDP in India, specifically the role of the former in supporting agricultural growth, using state...

Section: Working Papers

by Sudha Narayanan | On 01 Jan 2015

Counting the Poor: Measurement and Other Issues

This paper first presents approach of Expert Group (Rangarajan). The clarifications are given under the following heads: (1) what is new in the approach for poverty line; (2) Use of calories; (3) Mu...

Section: Working Papers

by C. Rangarajan | On 01 Dec 2014

Impediments to Contract Enforcement in Day Labour Markets: A Perspective from India

This paper focuses on one such setting in India's urban informal economy: the 'day labour' market for casual labour. We survey seven such markets in Navi Mumbai (a city on the outskirts of Mumbai),...

Section: Working Papers

by Karthikeya Naraparaju | On 01 Dec 2014

Impact of Public Spending on Health and Education of Children in India: A Panel Data Simultaneous Equation Model

The basic objective of the study is to examine the impact of public expenditure on health and education after incorporating the linkages between health status of children and their educational achiev...

Section: Working Papers

by Runu Bhatka | On 01 Dec 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...

Section: Working Papers

by Mousumi Das | On 01 Nov 2014

Student Politics: A Game-Theoretic Exploration

The student parties on campus are essentially student wings of larger national parties, which command huge amounts of resources that are used during elections, often instigating conflict and violenc...

Section: Working Papers

by Soumyanetra Munshi | On 01 Nov 2014

Creating Youth Employment in Asia

This paper examines the labour market characteristics for adults and the entire population. Then it analyses challenges and opportunities in labour market for youth. Next, the paper discusses the exis...

Section: Working Papers

by S.Mahendra Dev | On 01 Oct 2014

MGNREGA Works and their Impact: A Rapid Assessment in Maharashtra

This paper presents the results of a survey of over 4100 works created under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and over 4800 randomly selected users across 100 vil...

Section: Working Papers

by Sudha Narayanan | On 01 Oct 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...

Section: Working Papers

by Tirtha Chaterjee | On 01 Oct 2014

Spatial Convergence and Growth in Indian Agriculture: 1967-2010

Inter-state diversity has been a perennial feature of Indian agriculture. The study probes if per capita income in Indian agriculture has converged across states in the last four and a half decades. I...

Section: Working Papers

by Tirtha Chaterjee | On 01 Sep 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...

Section: Working Papers

by Runu Bhatka | On 01 Sep 2014

The Cult of Statistical Significance - A Review

A review and extended discussion is presented of The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice and Lives by Deirdre McCloskey and Stephen Ziliak, a work that rai...

Section: Working Papers

by Sripad Motiram | On 01 Sep 2014

Union Budget 2014: Marginal Realignment of Tactics to Strategy

The article examines the restructuring of expenditure in the first budget of the new government, and its feasibility. It compares the increase in budget allocations for key macroeconomic aggregates a...

Section: Working Papers

by Ashima Goyal | On 01 Jul 2014

Three Blind Men and an Elephant: The Case of Energy Indices to Measure Energy Security and Sustainability

An 'Energy Index', which is aggregated from energy indicators is a rich source of information and is helpful in providing an assessment of a country's performance. This has, however, resulted in mus...

Section: Working Papers

by Kapil Narula | On 01 Jul 2014

The Political Economy of MGNREGS Spending in Andhra Pradesh

Are ostensibly demand-driven public programs less susceptible to political clientelism even when private goods are allocated? This is examined using expenditure data at the local level from India’s N...

Section: Working Papers

by Megan Sheahan | On 01 Jul 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...

Section: Working Papers

by Sripad Motiram | On 01 Jul 2014

Incidence of Poor and Poverty Risk in India across NSS Regions for Rual and Urban Areas, 2004-05 and 2009-10

This note provides an estimate of incidence of poor and poverty risk in India across NSS regions for 2004-05 and 2009-10 in rural and urban areas. It raises concern on increasing poverty risk and als...

Section: Working Papers

by Srijit Mishra | On 20 Jun 2014

Employment Guarantee for Women in India Evidence on Participation and Rationing in the MGNREGA from the National Sample Survey

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which guarantees employment of every rural household for 100 days, has different progressive provisions which incentivise higher p...

Section: Working Papers

by Sudha Narayanan | On 01 Jun 2014

Urbanization and Spatial Patterns of Internal Migration in India

With an urbanization level of 31.16 percent in 2011, India is the least urbanized country among the top 10 economies of the world. In addition, unlike other countries, the transition of workforce out...

Section: Working Papers

by Ajay Sharma | On 01 May 2014

Revival of Rural PDS: Expansion and Outreach

Using the recent rounds of NSS data, this paper evaluates the performance and outreach of India's public distribution system (PDS) in the rural areas. The results suggest a significant improvement in...

Section: Working Papers

by Andaleeb Rahman | On 01 Apr 2014

Psychology, Cyclicality or Social Programs: Rural Wage and Inflation Dynamics in India

The paper analyzes causes of movements in Indian wages for rural unskilled male laborers, and assesses their impact on inflation. Theoretical priors derived from an analytical framework based on the ...

Section: Working Papers

by Ashima Goyal | On 01 Apr 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...

Section: Working Papers

by Ajay Sharma | On 01 Apr 2014

Short-term Migration and Consumption Expenditure of Households in Rural India

In 2007-08, short-term migrants constituted 4.35 per cent of the rural workforce. A total of 9.25 million households in rural India had short-term migrants.Using a nationally representative data for...

Section: Working Papers

by S. Chandrasekhar | On 01 Mar 2014

Extensive and Intensive Margins of India's Exports: Comparison with China

Should India's export promotion policies be targeted at accelerating export growth at the extensive(new trading relationships) or at the intensive margin (increase in trade of existing relationships)...

Section: Working Papers

by C. Veeramani | On 01 Mar 2014

On the Spatial Concentration of Employment in India

This paper seeks to understand what kind of economic activities are concentrated in which regions of India. Spatial concentration of jobs is measured by calculating the location quotient using inform...

Section: Working Papers

by S. Chandrasekhar | On 01 Jan 2014

Internal Migration for Education and Employment among Youth in India

This paper sheds light on the issue of internal migration for education and employment among the youth. i.e those aged 15-32 years. The paper is a first step towards addressing the issue of whether ...

Section: Working Papers

by Ajay Sharma | On 01 Jan 2014

'Arranged' Marriage, Education, and Dowry: A Contract-Theoretic Perspective

This paper propounds a contract-theoretic model where dowry acts as a screening device to differentiate grooms of varying qualities. In 'arranged' marriage settings that are characterized by incompl...

Section: Working Papers

by Soumyanetra Munshi | On 01 Jan 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...

Section: Working Papers

by Suryanarayana M H | On 01 Jan 2014

Banks Competition, Managerial Efficiency and the Interest Rate Pass-through in India.

If banks solve an inter-temporal problem under adverse selection and moral hazard, then bank specific factors, regulatory and supervisory features, market structure, and macroeconomic factors affect ...

Section: Working Papers

by Jugnu Ansari | On 01 Jan 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...

Section: Working Papers

by Mousumi Das | On 01 Jan 2014

In the Balance: The National Food Security Act vis-Ã -vis the WTO Agreement on Agriculture

This piece analyzes the implications of the National Food Security Act for India's commitments under the WTO Agreement on Agriculture (AoA) in the context of widespread concern that they might be mu...

Section: Working Papers

by Sudha Narayanan | On 01 Dec 2013

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...

Section: Working Papers

by Sudha Narayanan | On 01 Nov 2013

In Search of Inclusion: Informal Sector Participation in a Voluntary, Defined Contribution Pension System

This paper examines who contributes and who persists in contributing in a national, voluntary, defined contributory pension program, where the government provides the incentive of matching contributi...

Section: Working Papers

by Renuka Sane | On 01 Oct 2013

Quantification of Yield Gaps in Different Planting Types of Sugarcane in Maharashtra

This paper is an attempt to estimate the magnitudes of yield gaps, causative factors and constrains for attending greater farm potential in adsali, suru, preseasonal and ratoon sugarcane production in...

Section: Working Papers

by Deokae Tai Balasaheb | On 01 Jul 2013

Estimating Losses to Customers on Account of Mis-selling Life Insurance Policies in India

This paper presents two approaches that use publicly available data to estimate the loss to investors from mis-selling of insurance products. The first approach uses the number of lapsed policies fro...

Section: Working Papers

by Monika Halan | On 01 Apr 2013

Growth and Deprivation in India: What Does Recent Data Say?

The report investigate the relationship between growth and deprivation in India, an issue of immense interest. Given the continuing controversy in India over poverty lines, they used a framework that...

Section: Working Papers

by Sripad Motiram | On 01 Feb 2013

Metabolism Of Mumbai- Expectations, Impasse and the Need For a New Beginning

As population and human activities expand they exert heavy environmental pressure through the resource requirement, their production and consumption. Hence, it is important to understand the resource...

Section: Working Papers

by B. Sudhakara Reddy | On 01 Jan 2013

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...

Section: Working Papers

by Sudha Narayanan | On 01 Sep 2012

Notional Contracts: The Moral Economy of Contract Farming Arrangements in India

This study examines the moral economy of firm-farmer contracts in contract farming schemes in India, bringing together data from field surveys, conducted between 2007 and 2010, of 42 agribusinesses a...

Section: Working Papers

by Sudha Narayanan | On 01 Sep 2012

On the Internal Mobility of Indians: Knowledge Gaps and Emerging Concerns

This paper identifies key knowledge gaps on the issue of migration and commuting workers in India. [WP-2012-023]. URL:[http://www.igidr.ac.in/pdf/publication/WP-2012-023.pdf].

Section: Working Papers

by S. Chandrasekhar | On 01 Sep 2012

Deriving India’s Potential Growth from Theory and Structure

Estimates suggest that Indian aggregate supply is elastic but subject to upward shocks. If supply shocks make a high persistent contribution to inflation, it implies second round pass through is occu...

Section: Working Papers

by Ashima Goyal | On 01 Aug 2012

How Close Does the Apple Fall to the Tree? Some Evidence on Intergenerational Occupational Mobility from India

Using data from the India Human Development Survey (IHDS) 2005, intergenerational occupational mobility in India is examined, an issue on which very few systematic and rigorous studies exist. Individ...

Section: Working Papers

by Sripad Motiram | On 01 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

Section: Working Papers

by S. Mahendra Dev | On 30 Jun 2012

Political Strongholds and Budget Allocation for Developmental Expenditure: Evidence from Indian States, 1971-2005

This paper examines the effects of political factors on allocation of revenue budget for developmental expenditure by the sub-national governments, using data from 15 major states in India during the...

Section: Working Papers

by Arun Kaushik | On 30 Jun 2012

Income Related Inequality in Financial Inclusion and Role of Banks: Evidence on Financial Exclusion in India

This paper analyzes income related inequality in financial inclusion in India using a representative household level survey data, linked to State-level factors. This paper also provides estimates of...

Section: Working Papers

by Rama Pal | On 09 Jun 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:...

Section: Working Papers

by Nidhi Aggarwal | On 30 Mar 2012

A Corporate Governance Index for Large Listed Companies in India

A Corporate Governance Index for 500 large listed Indian firms for the period from 2003 to 2008 is constructed. The index construction uses information on four important corporate governance mechan...

Section: Working Papers

by Jayati Sarkar | On 20 Mar 2012

Measuring and Explaining the Asymmetry of Liquidity

This paper examines transactions costs in buying versus selling using a large database of snapshots of the limit order book. On the equity spot market, there is clear evidence of asymmetry in liquid...

Section: Working Papers

by Rajat Tayal | On 20 Mar 2012

Services-led Growth, Employment and Job Quality: A Study of Manufacturing and Service-sector in Urban India

This is a study of employment growth, structure, and job quality outcomes in manufacturing and service-sector in urban India spanning the period 1999-2000 to 2009-10. The context is that of dynamic...

Section: Working Papers

by K.V. Ramaswamy | On 11 Mar 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...

Section: Working Papers

by Renuka Sane | On 10 Mar 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...

Section: Working Papers

by S.Mahendra Dev | On 05 Feb 2012

Technical Productivity Analysis for Cement Industry at Firm Level

This paper analyses the energy use in the manufacture of cement in India during 1992–2005. Cement manufacturing requires large amounts of various energy inputs. The most common types of energy carri...

Section: Working Papers

by Binay Kumar Ray | On 30 Jan 2012

Stability and Policy Rules in Emerging Markets

Stability results for an open economy DSGE adapted to an emerging market (SOEME) with a dualistic structure have the same structure as in the original model, but those derived for the simulated versi...

Section: Working Papers

by Ashima Goyal | On 30 Jan 2012

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

Section: Working Papers

by M Sahoo | On 30 Jan 2012

To Bt or Not to Bt? Risk and Uncertainty Considerations in Technology Assessment

Production costs and crop incomes in drought years are analyzed to test a simplistic theory of risk based on first principles. A mixed-methods framework is employed to draw inferences by combining da...

Section: Working Papers

by Sarthak Gaurav | On 20 Jan 2012

Energy in the Development Strategy of Indian Households-The Missing Half

The present paper explores the nexus between gender-energy-poverty, highlights areas of gender concern, and suggests actions. It is analyzed how women from rural areas and low income households are...

Section: Working Papers

by B. Sudhakara Reddy | On 19 Jan 2012

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...

Section: Policy Papers/Policy Briefs

by Srijit Mishra | On 27 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...

Section: Working Papers

by M Sahoo | On 06 Dec 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

Section: Working Papers

by Ashima Goyal | On 04 Oct 2011

Size-class and Returns to Cultivation in India: A Cold Case Reopened

This paper investigates the relationship between returns to cultivation per hectare and size-class of land cultivated in India, using unit level data from the 59th round National Sample Survey, 2003....

Section: Working Papers

by Sarthak Gaurav | On 01 Oct 2011

Food, Hunger and Ethics

Management of hunger has to look into issues of availability, accessibility and adequacy. Posing it from an ethical perspective the paper argues out in favour of right to food. But, for this to happe...

Section: Working Papers

by Srijit Mishra | On 30 Sep 2011

Urban Transport Sustainability Indicators – Application of Multi-view Black-box (MVBB) Framework

In a recent work Nathan and Reddy (2011a) have proposed a Multi-view Black-box (MVBB) framework for development of sustainable development indicators (SDIs) for an urban setup. The framework is flex...

Section: Working Papers

by Hippu Salk Kristle Nathan | On 30 Sep 2011

Cross-LoC trade in Kashmir: From Line of Control to Line of Commerce

This study examines how business entities and individuals in Jammu and Kashmir view trade transactions with the other side and perceptions about the economic viability of Cross-LoC trade. More speci...

Section: Working Papers

by Altaf Hussain Kira | On 28 Sep 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

Section: Working Papers

by Rupayan Pal | On 26 Sep 2011

History of Monetary Policy in India since Independence

An SIIO paradigm, based on structure and ideas that become engraved in institutions and affect outcomes, is developed to examine and assesses monetary policy in India after independence. Narrative h...

Section: Working Papers

by Ashima Goyal | On 15 Sep 2011

Returns to Education in India: Some Recent Evidence

This paper estimates returns to education in India using a nationally representative survey. The standard Mincerian wage equation separately for rural and urban sectors is estimated. To account for th...

Section: Working Papers

by Tushar Agrawal | On 05 Sep 2011

An Economic Policy and Legal Analysis of The Micro Finance Institutions (Development & Regulation) Bill, 2011

In response to the Second Micro Finance Crisis in Andhra Pradesh, which took place in October 2010, the Ministry of Finance has pro- posed a new Micro Finance Institutions (Development & Regulation) ...

Section: Working Papers

by Shubho Roy | On 30 Aug 2011

When do Stock Futures Dominate Price Discovery?

Stock futures offer leveraged positions and are expected to attract informed traders. Many researchers have found that the information share of the stock futures is surprisingly small; the equity sp...

Section: Working Papers

by Jeffrey Vincent | On 19 Aug 2011

Poverty Estimates in India: Old and New Methods, 2004-05

This paper provides estimates of poverty and inequality across states as also for different sub-groups of population for 2004-05 by using the old and new methods of the Planning Commission. The new m...

Section: Working Papers

by Durgesh C Pathak | On 17 Aug 2011

Climate Change, Rural Livelihoods and Agriculture (focus on Food Security) in Asia-Pacific Region

The objective of this paper is to identify climate change related threats and vulnerabilities associated with agriculture as a sector and agriculture as people’s livelihoods (exposure, sensitivity, a...

Section: Working Papers

by S. Mahendra Dev | On 16 Aug 2011

Deprivation and Vulnerability Among Elderly in India

A documentation of different aspects of human deprivation in the old age other than the measurement of income poverty is done. Aspects of economic, health and social aspects of deprivation and how i...

Section: Working Papers

by Syam Prasad | On 14 Jul 2011

Polarization, Inequality and Growth: The Indian Experience

Polarization in India is analysed roughly in the past two and half decades using consumption expenditure data. It is seen that polarization has increased sharply since the 1990s, reversing the earlie...

Section: General

by Sripad Motiram | On 13 Jun 2011

Macroeconomics of Poverty Reduction: India Case Study

India, located in South Asia is a large country that ranks second in the world in terms of population and seventh in terms of geographical area. Its civilization is very old dating back to at least...

Section: Policy Papers/Policy Briefs

by Indira Gandhi Institute of Development Research | On 09 Jun 2011

Analysis of Technical Options for Mitigating Environmental Emissions from the Urban Transport System in Selected Asian Countries: Case Study of Delhi and Mumbai

India has been facing rapid urbanization. There is a two-fold increase in urban population during 1971-2001, registering a compounded annual growth rate (CAGR) of 3.8%. Among all the problems caus...

Section: Policy Papers/Policy Briefs

by Sudhakar Yedla | On 03 Jun 2011

Suicide of Farmers in Maharashtra

The present study focuses on examining socio-economic aspects that can be identified as important risk factors and in providing some suggestions to the GOM. [PP-005] URL: [http://www.igidr.ac.in/suici...

Section: Policy Papers/Policy Briefs

by Srijit Mishra | On 02 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? This paper examines school attendance and total human capital investment time (time in sc...

Section: Working Papers

by Sripad Motiram | On 13 May 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...

Section: Working Papers

by Sripad Motiram | On 01 May 2011

Financial Sector Legislation: (Random) Lessons from (Random) Experinces

In this distinguished lecture on Law and Economics, the author shares the lessons in economics that he has learnt from random experiences of the same. [IGDIR PP-067] URL: [http://www.igidr.ac.in/pdf/p...

Section: General

by Y. Venugopal Reddy | On 25 Apr 2011

Youth Employment and Unemployment in India

This paper examines the employment and unemployment situation of the youth in India during the last two-and-half decades namely, 1983 to 2007-08. It analyses the trends in labour force and workforce...

Section: Working Papers

by S.Mahendra Dev | On 10 Apr 2011

Improving the Legal Process in Enforcement at SEBI

The legal processes at SEBI is examined and described with a focus on the enforcement process, particularly on the quasi-judicial functions. An attempt is made to lay out the principles that ought t...

Section: Working Papers

by Dharmishta Raval | On 19 Mar 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...

Section: Working Papers

by Renuka Sane | On 13 Mar 2011

Liquidity Considerations in Estimating Implied Volatility

Some option series in the market are far less liquid than others. Market illiquidity can reduce the informativeness of option prices. In this paper, an alternative schemes are proposed to estimate im...

Section: Working Papers

by Rohini Grover | On 09 Mar 2011

NREGS and Child Well Being

There have been many evaluation studies on the impact of NREGS but there are hardly any systematic studies relating to impact of the scheme on children. This paper tries to fill this gap. There is a...

Section: Working Papers

by S. Mahendra Dev | On 31 Jan 2011

Rising Food Crisis and Financial Crisis in India:Impact on Women and Children and Ways of Tackling the Problem

The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of...

Section: Working Papers

by S. Mahendra Dev | On 31 Jan 2011

Conflict Resolution through Mutuality: Lessons from Bayesian Updating

If priors are deterministic (zero or unity) and conditional evidence is uncertain (lies between zero and one) then Bayesian updating will lead to posteriors that are the same as priors. This in a sen...

Section: Working Papers

by Srijit Mishra | On 31 Jan 2011

Rewarding Innovation Efficiently: Research Spill-overs and Exclusive IP Rights

This paper investigates the conditions for the desirability of exclusive intellectual property rights for innovators, as opposed to weak rights allowing for some degree of imitation and ex-post compe...

Section: Working Papers

by Vincenzo Denicolòyand Luigi A. Franzoni | On 23 Jan 2011

Mixed Duopoly and Environment

They show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme...

Section: Working Papers

by Rupayan Pal | On 16 Jan 2011

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...

Section: Policy Papers/Policy Briefs

by Ishita Aditya Ray | On 01 Jan 2011

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

Section: Working Papers

by Ashima Goyal | On 13 Dec 2010

Dynamics of Urban Mobility: A Comparative Analysis of Megacities of India

This paper aims to analyse urban mobility patterns and consequent impacts on energy and environment in India. We investigate the quantity of energy use in 23 metropolitan regions for the period 1981–...

Section: Working Papers

by B. Sudhakara Reddy | On 03 Dec 2010

India’s Fiscal and Monetary Framework: Growth in An Opening Economy

Since a crisis is a shock impinging on a system, the response can be used to deduce aspects of the system’s structure. Analysis of the crisis and recovery suggests aggregate supply in India is elasti...

Section: Working Papers

by Ashima Goyal | On 01 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

Section: Working Papers

by Ashima Goyal | On 14 Nov 2010

Rankings of Economics Journals and Departments in India

This paper is the first attempt to rank economics departments of Indian Institutions based on their research output. Two rankings, one based on publications in international journals, and the other b...

Section: Working Papers

by Tilak Mukhopadhyay | On 02 Oct 2010

Auditor and Audit Committee Independence in India

This article reviews the regulations and governance reforms carried out in India with respect to auditor and audit committee independence. In doing so it critically compares them with the regulations...

Section: Working Papers

by Jayati Sarkar | On 02 Oct 2010

The Electric Energy-Water Nexus: Managing the Seasonal Linkages of Fresh Water Use in Energy Sector for Sustainable Future

The fast growing demand for fresh water-coupled with the need to protect the environment has made many areas of India and the rest of the World vulnerable to water shortages for various uses of the ...

Section: Working Papers

by Perini Praveena Sri | On 29 Sep 2010

Econometric Approach to Water Use Estimation in Power Plants

The purpose of this paper is to examine water use estimation in hydel and thermal electric power plants in selected regions i.e. Coastal, Rayalaseema and Telangana regions of Andhra Pradesh. The stud...

Section: Working Papers

by Perini Praveena Sri | On 20 Sep 2010

Entry Threats and Inefficiency in ‘Efficient Bargaining’

Whether the outcome of bargaining over wage and employment between an incumbent firm and a union remains efficient under entry threat is examined. The workers\' reservation wage is not known to the ...

Section: Working Papers

by Rupayan Pal | On 10 Sep 2010

How Much Should You Own? Cross-ownership and Privatization

This paper examines the interdependence of cross-ownership and level of privatization in case of differentiated products mixed duopoly. It shows that it is optimal for the private firm not to own any...

Section: Working Papers

by Rupayan Pal | On 03 Sep 2010

Does Partial Privatization Improve the Environment?

This paper shows that, in case of differentiated products mixed duopoly, environmental damage increases (decreases) with the level of privatization, if the level of privatization is less (more) than ...

Section: Working Papers

by Rupayan Pal | On 03 Sep 2010

Incomplete Contracts, Incentives and Economic Power

This paper formalizes ideas from classical and radical political economy on task allocation and technology adoption under capitalism. A few previous studies have attempted this, but the framework an...

Section: Working Papers

by Sripad Motiram | On 03 Jul 2010

Call Auctions: A Solution to Some Difficulties in Indian Finance

Call auctions represent an alternative strategy, where the order ow over a certain time period is pooled, and the market-clearing price obtained through an aggregated supply and demand curve. Cal...

Section: Working Papers

by Susan Thomas | On 22 Jun 2010

Understanding Fundamentalist Belief Through Bayesian Updating

Using Bayesian updating to deterministic priors persistence of fundamentalist belief like those in the mind of a terrorist is explained. Under such belief system if conditional evidence is diametric...

Section: Working Papers

by Srijit Mishra | On 14 Jun 2010

Exchange Rate Regimes and Macroeconomic Performance in South Asia

Stylized facts for South Asia show the dominance of supply shocks, amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate volatility rose initially on libera...

Section: Working Papers

by Ashima Goyal | On 09 Jun 2010

Crop Insurance in India

This working paper discusses the dependence of Indian agriculture on uncertain rains. In addition the farmers experience other production risks as well as marketing risks related to different crop e...

Section: Working Papers

by Gurdev Singh | On 06 Jun 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...

Section: Working Papers

by C. Veeramani | On 20 Apr 2010

Regulatory Structure for Financial Stability and Development

Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their financial systems from the crisis. Development and convergence of regulatory apparatus has been rapid. In...

Section: Working Papers

by Ashima Goyal | On 29 Mar 2010

Analysing Catastrophic OOP Health Expenditure in India: Concepts, Determinants and Policy Implications

The present paper attempts to modify definition of catastrophic out-of-pocket health expenditure by characterising it based on consumption of necessities. Catastrophic health expenditure is defined as...

Section: Working Papers

by Rama Pal | On 11 Feb 2010

Non-Tariff Measures Affecting India’s Textiles and Clothing Exports: Findings from the Survey of Exporters

This paper reports findings from the survey of India’s textiles and clothing exporters. The survey method has been used to identify and assess the impact of Non-Tariff Measures (NTMs) and the Cost of...

Section: Working Papers

by Gordhan K Saini | On 11 Dec 2009

Delegation and Emission Tax in a Differentiated Oligopoly

How product differentiation as well as strategic managerial delegation affects optimal emission tax rate, environmental damage and social welfare, under alternative modes of product market competiti...

Section: Working Papers

by Rupayan Pal | On 04 Oct 2009

Poverty and Agrarian Distress in Orissa

The relatively lower reduction of poverty in Orissa, 0.2 percentage points per annum from 48.6 per cent in 1993-94 to 46.4 per cent in 2004-05, has been a matter of concern. The current exercise attem...

Section: Working Papers

by Srijit Mishra | On 27 Sep 2009

Quantitative Methods and Public Policy

This paper is about quantitative methods and public policy and how they shaped the author's professional career. Although it may look like a professional autobiography, it is much more. [PP-062-00B]...

Section: Policy Papers/Policy Briefs

by T. Krishna Kumar | On 12 Aug 2009

Poverty and Under-nutrition among Scheduled Tribes in India: A Disaggregated Analysis

This paper addresses twin issues--- poverty and under-nutrition among the STs in India at disaggregated levels. Following the draft tribal policy, districts in Schedule VI states as well districts und...

Section: Research/Project Reports

by Amaresh Dubey | On 12 Aug 2009

Assessing the Fiscal Capacity of Indian Governments

The record of different post reform governments in meeting their targets and improving both delivery and finances is assessed. A variety of indices are constructed, and consistency checks devised to m...

Section: Working Papers

by Ashima Goyal | On 10 Aug 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

Section: Working Papers

by Ashima Goyal | On 08 Jun 2009

Insecurities of the Old and Marginalized: Inflation, Oil Shocks, Financial Crisis and Social Security

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...

Section: Working Papers

by Ashima Goyal | On 02 Mar 2009

Technology Adoption in a Differentiated Duopoly: Cournot versus Bertrand

This paper compares equilibrium technology adoption in a differentiated duopoly under two alternative modes of product market competition, Cournot and Bertrand. It shows that the cost of technology ha...

Section: Working Papers

by Rupayan Pal | On 02 Jan 2009

Environmental Standards as Strategic Outcomes: A Simple Model

This paper examines the strategic nature of choice of environmental standards under different degrees of openness of countries. It also compares and contrasts equilibrium environmental standards and...

Section: Working Papers

by Rabindra N Bhattacharya | On 23 Dec 2008

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...

Section: Working Papers

by Poonam Mehra | On 14 Dec 2008

Reforming Foodgrains Management: Achieving Food Security with Cost-Effectiveness

This paper examines the efficacy of the current system of public foodgrains management and policies in promoting food security in the country. It argues that the system has outlived its usefulness,...

Section: Working Papers

by A. Ganesh Kumar | On 13 Dec 2008

Impact of Imported Intermediate and Capital Goods on Economic Growth: A Cross Country Analysis

Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermediate products and ca...

Section: Working Papers

by C Veermani | On 02 Dec 2008

Impact of Imported Intermediate and Capital Goods on Economic Growth: A Cross Country Analysis

Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermed...

Section: Working Papers

by C Veermani | On 01 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...

Section: Working Papers

by Vikas Kumar | On 10 Nov 2008

Estimating the Probability of Trade Union Membership in India: Impact of Communist Parties, Personal Attributes and Industrial Characteristics

The paper analyses the impact of the reach of communist parties, the degree of political activism, personal attributes of workers, and industrial characteristics on the individual decision to unionise...

Section: Working Papers

by Rupayan Pal | On 22 Sep 2008

Gender-based Indicators in Human Development: Correcting for ‘Missing Women’

Gender Development Index and Gender Empowerment Measure are two gender-based indicators provided by the United Nations Development Program. Population share of the genders enter the formulation of t...

Section: Working Papers

by Hippu Salk Kristle Nathan | On 18 Sep 2008

Can Insurance Reduce Catastrophic Out-of-Pocket Health Expenditure

It is argued that for households below poverty line any expenditure on health is catastrophic as they are unable to attain the subsistence level of consumption. Thus, zero percent is taken as a thres...

Section: Working Papers

by Rama Joglekar | On 15 Sep 2008

India’s Trade Policy Choices

India’s economic growth has accelerated in recent years, and its share of world trade has expanded. These are welcome developments for the country and, given India’s large share of the world’s popul...

Section: General

by Sandra Polaski | On 10 Jun 2008

Understanding Industrial Energy Use: Physical Energy Intensity Changes in Indian Manufacturing Sector

Physical energy intensity indicators for Indian manufacturing sector is developed and analyzed. Energy consumption in five industrial sub-sectors, namely, iron and steel, aluminium, textiles, paper...

Section: Working Papers

by Binay Kumar Ray | On 02 Jun 2008

The Natural Interest Rate in Emerging Markets

An optimizing model of a small open emerging market economy (SOEME) with dualistic labour markets and two types of consumers, is used to derive the natural interest rate, terms of trade and potentia...

Section: Working Papers

by Ashima Goyal | On 24 May 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...

Section: Working Papers

by Suryanarayana M H | On 04 Apr 2008

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...

Section: Working Papers

by Suryanarayana M H | On 22 Mar 2008

Pro-Poor Growth: Illusions of Marriage and Divorce?

This note seeks to show that the debate on ‘Pro-Poor Growth’ is sterile and largely academic with few policy insights.

Section: Working Papers

by Suryanarayana M H | On 15 Mar 2008

An Alternative Approach to Measure HDI

The popularly known Human Development Index (HDI) is obtained through linear averaging (LA) of indices in three dimensions- health, education and standard of living. This paper questions the appropria...

Section: Working Papers

by Hippu Salk Kristle Nathan | On 22 Jan 2008

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...

Section: Working Papers

by G. Mythili | On 21 Jan 2008

Governance in Public Transport Systems: Comparing Indian Railways and Airways

The paper examines the basic reasons and feasible remedies for organizational weakness, and the possible contribution of ownership, industry and management structure, leadership, social norms, and i...

Section: Working Papers

by Ashima Goyal | On 12 Dec 2007

Strategies for the Replication of Urban Environmental Innovations – A Case of Community-based Decentralized Composting in Dhaka

Traditionally sanitary services are provided by the State or State owned bodies. However, with the ever increasing population and waste generation rates coupled with lack of financial resources and in...

Section: Working Papers

by Sudhakar Yedla | On 27 Sep 2007

Risks, Farmers’ Suicides and Agrarian Crisis in India: Is There A Way Out?

Poor returns to cultivation and absence of non-farm opportunities are indicative of the larger socio-economic malaise in rural India. This is accentuated by the multiple risks that the farmer faces...

Section: Working Papers

by Srijit Mishra | On 18 Sep 2007

Having Customers Share The Perception Of Quality Assessments On The French Wine Market

The wine market is a pretty paradoxical research object for the economical and marketing studies. In France alone, every year, hundreds of thousands of new brand differentiated products are marketed....

Section: Working Papers

by Geneviève Teil | On 01 Sep 2007

Report of the Expert Group on Agricultural Indebtedness

The issue of farmers’ indebtedness becomes a matter of intense debate whenever the agricultural sector faces distress. But, the root cause of the current crisis is not indebtedness alone - indebtedn...

Section: Policy Papers/Policy Briefs

by Ministry of Finance | On 28 Jul 2007

Hydrogen Energy For Indian Transport Sector: A Well-To-Wheel Techno-Economic and Environmental Feasibility Analysis

With the alarming rate of growth in vehicle population and travel demand, the energy consumption has increased significantly contributing to the rise of GHG emissions. Therefore, the development of a...

Section: Working Papers

by P. Balachandra | On 30 Mar 2007

Community Dependence on Non-timber Forest Products: A Household Analysis and its Implication for Forest Conservation

This study explores the factors determining the dependence of local people on protected area of forest based on household analysis of a Protected Area from Kerala. [WP-2007-005].

Section: Working Papers

by Shylajan C.S | On 21 Mar 2007

Foodgrains Policy and Management in India: Responding to Today’s Challenges and Opportunities

Indian public foodgrains management, perhaps still motivated by the experiences of the 1960s to attain and maintain self-sufficiency in foodgrains to achieve food security, has outlived its’ usefulnes...

Section: Policy Papers/Policy Briefs

by A. Ganesh Kumar | On 16 Mar 2007

Agrarian Scenario in Post-reform India:A Story of Distress, Despair and Death

Indian agriculture today is under a large crisis. An average farmer- household’s returns from cultivation would be around one thousand rupees per month. The state of the vast majority of small and mar...

Section: Working Papers

by Srijit Mishra | On 26 Jan 2007

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...

Section: Working Papers

by A. Ganesh-Kumar | On 20 Dec 2006

Through a Glass Darkly: Deciphering the Impact of Oil Price Shocks

In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...

Section: Working Papers

by Ashima Goyal | On 05 Dec 2006

Food Consumption and Nutritional Status in India: Emerging Trends and Perspectives

The paper reviews the trends over three decades in the consumption of cereals, calories and micronutrients and nutritional status based on anthropometric measures using the data sets of NSS, NNMB and...

Section: Working Papers

by Radhakrishna R | On 15 Nov 2006

Supply Response of Indian Farmers: Pre and Post Reforms

This study estimates supply response for major crops during pre and post reform periods using Nerlovian adjustment cum adaptive expectation model. Estimation is based on dynamic panel data approach wi...

Section: Working Papers

by G. Mythili | On 06 Nov 2006

Estimation and Determinants of Chronic Poverty in India: An Alternative Approach

The paper conceptualizes chronic poverty by using the spaces of income and nutrition and estimates its incidence among states and social groups. It also aims to improve our understanding of the determ...

Section: Working Papers

by C.H. Hanumantha Rao | On 01 Oct 2006

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...

Section: Working Papers

by N. Murthy | On 01 Aug 2006

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...

Section: Working Papers

by K.N Murty | On 26 Mar 2006

Making the Politician and the Bureaucrat Deliver: Employment Guarantee in India

The paper examines the division of tasks required between politicians and bureaucrats to run an effective rural employment guarantee scheme (EGS) in India, in the context of Indian history and habits.

Section: Working Papers

by Ashima Goyal | On 07 Nov 2005

Eff ects of Trade liberalisation, Environmental and Labour Regulations on Employment in India's Organised Textile Sector

In recent years, employment has fallen in the organised textile sector despite an aggregate rise in output and capital. This paper analyses the role of various factors that influence employment usin...

Section: Working Papers

by Badri Narayanan G. | On 14 Oct 2005

Social Group Disparities and Poverty in India

This paper seeks to provide a profile of social group disparities and poverty in India,where social groups are classified as scheduled caste, scheduled tribe and other social groups, and examine the f...

Section: Working Papers

by Rohit Mutatkar | On 01 Sep 2005

Price Elasticity Estimates for Tobacco and Other Addictive Goods in India

The tax base of tobacco in India is found to be heavily depended on about fteen per cent of the tobacco users who represent cigarettes smokers. Non-cigarette tobacco products used by the majority of...

Section: Working Papers

by Rijo John | On 27 Aug 2005

Evaluation of Food-for-Work (FFW) Component of Sampoorna Grameen Rozgar Yojana (SGRY) in Selected Districts of Maharashtra

The present study is an evaluation of the food-for-work component of Sampoorna Grameen Rozgar Yojana (SGRY) in Satara, Aurangabad, Gadchiroli and Akola districts of Maharashtra. SGRY was launched al...

Section: Policy Papers/Policy Briefs

by Manoj Panda | On 21 Apr 2005

Poverty Reduction Strategy as Implementation of the Right to Development in Maharashtra

The basic concern of the development process started after the world wars was improvement in level of living of the people. This concern was expressed in aggregative terms of national income growth...

Section: Policy Papers/Policy Briefs

by Manoj Panda | On 20 Feb 2005

Impact of Trade Liberalization on India’s Oilseed and Edible Oils Sector

The edible oil and oilseeds sector in India faces many challenges in the new environment of liberalized trade. Government intervention is faced with the task of balancing the interests of different st...

Section: Policy Papers/Policy Briefs

by P.V. Srinivasan | On 02 Feb 2005

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...

Section: Working Papers

by Rijo M John | On 19 Oct 2004

Corruption, Default and Optimal Credit in Welfare Programs

In this paper a dynamic model of subsidized credit provision is presented to examine how asymmetric information exacerbates inefficiency caused by corruption. Though designed to empower the underprivi...

Section: Working Papers

by Bibhas Saha | On 22 Apr 2004

Cheery Children, Growing Girls, and Developing Young Adults: On Reading, Growing, and Hopscotching Across Categories

This paper is about hopscotching, and in turn jumps over many disciplinary categories, from literature to gender studies to development studies. At one level this is the voice of the interdisciplinary...

Section: Working Papers

by Barnita Bagchi | On 11 Dec 2003

Inside Tarini Bhavan: Rokeya Sakhawat Hossain’s Padmarag and the Richness of South Asian Feminism in Furthering Unsectarian Gender-Just Human Development

The first section of this essay considers the personal narratives of suffering and growth of the Tarini Bhavan workers and inmates. The second section analyses the ideological contours of the reform...

Section: Working Papers

by Bagchi B | On 16 Oct 2003

Carrying Over: Analysing Female Utopias and Narratives of Education from 17th-century France to 18th-century Britain and 20th Century India

The paper carries the reader across and over great spans of space and time, with an Indian feminist woman academic journeying back to seventeenth-century ancien regime France, to 1770s Scotland, to 17...

Section: Working Papers

by Bagchi B | On 01 Oct 2003

Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence From India

The phenomenon of interlocking directorates is widespread among corporate across the world. This paper studies the structure and extent of interlocking directorates within Indian business groups and ...

Section: Working Papers

by Bikram De | On 24 Apr 2003

The Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence from India

The structure and extent of interlocking directorates within Indian business groups is studied and analyses the performance effects of such interlocks. It finds that large groups tend to have more int...

Section: Working Papers

by Bikram De | On 21 Apr 2003

Interest Groups and Patent Reform in India

India’s patent reforms represent a shift in India’s policy from one of enormous opposition to revising patent laws according to the WTO, to one of compliance with many aspects of TRIPs (Trade Related...

Section: Working Papers

by Anitha Ramanna | On 02 Jan 2003

Demand Side Management Options (DSM) for Hotel Industry in Malaysia

Demand Side Management refers to activities designed to change electricity consumption at consumer's end and historically, DSM programmes have been carried out through active intervention by utilities...

Section: Policy Papers/Policy Briefs

by J.P. Painuly | On 06 May 1996

Size-Dependent Labour Regulations and Threshold Effects: The Case of Contract-worker Intensity in Indian Manufacturing

Labour regulations like employment protection legislation in India are size-dependent rules and therefore constitute a basis for threshold effects. Firms could use non-permanent workers to stay below...

Section: Working Papers

by K.V. Ramaswamy | On 01 Jul 1900

Educational Attainment of Young Adults in India: Measures, Trends & Determinants

Given the fact that education of young adults plays crucial role from both economic and social point of view, the objective of the study is to analyse the pattern of improvements in their education an...

Section: Working Papers

by Runu Bhakta | On 01 Jan 1900