Social and Behavioral Sciences Commons^™

It’S Not Will You Succeed? But Can You Afford To Fail?, Girija Pande

Asian Management Insights

With India and China’s economic ties no longer defined only by trade, the countries’ convergence is opening up new opportunities and challenges for businesses on either side seeking to cross the Sino-Indian border.

Regional Disparities In Rural And Agricultural Development In Undivided Andhra Pradesh, India, A Amarender Reddy

A Amarender Reddy

India is a federal union comprising of 28 states. The states are further sub-divided into districts. Andhra Pradesh is one of the largest states in India. The state was formed by merging three regions – Telangana, Rayalaseema and Coastal Andhra – in the year 1956. In terms of development indicators measured in the mid-50s, Coastal Andhra was considered more developed, followed by the Rayalaseema region. Now people of the Telangana region are claiming that their relative backwardness was accentuated after merging with the more developed regions. In this context, this paper examines the regional disparities in agriculture in Andhra Pradesh …

Reading Between The Poverty Lines, Srijit Mishra

Srijit Mishra

The proposed Rangarajan method on measurement of poverty in India borrows elements from three earlier methods – those of Alagh, Lakdawala and Tendulkar. An important departure in the Rangarajan method is to compute the poverty line commodity basket by combining items from two fractile groups to address the relatively higher expenses for some essential non-food items. This, while being statistically plausible, poses a behavioural dilemma, as there will be no fractile group that will satisfy both. As an alternative, we suggest dual poverty lines where the fi rst is computed on the basis of average calorie, protein and fat requirements …

(Wp 2011-04) Inflation And Inflation-Uncertainty In India: The Policy Implications Of The Relationship, Abdur Chowdhury

Abdur R. Chowdhury

Inflation and its related uncertainty can impose costs on real economic output in any economy. This paper analyzes the relationship between inflation and inflation uncertainty in India. Initial estimates show the inflation rate to be a stationary process. The maximum likelihood estimates from the GARCH model reveal strong support for the presence of a positive relationship between the level of inflation and its uncertainty. The Granger causality results indicate a feedback between inflation and uncertainty. With Granger causality running both ways, the Friedman-Ball and Cukierman-Meltzer hypotheses hold simultaneously in India. It provides strong support to the notion of an opportunistic …

Defense Expenditures And Economic Growth In Pakistan And India: An Augmented Feder-Type Model, Muhammad Ramzan Sheikh

Business Review

To discover defense-growth nexus, this study has used Feder type model to capture the supply-side impacts for Pakistan and India. In Feder-type model, this study has used four sectors to find out total effects of defense spending on growth by using OLS technique. The findings of the study show that there is positive association between the total effect of defense and growth in all the sectors for both the countries. In augmented Feder type model, the total effects along with externality effects and productivity differential have been re-estimated. The sign of the total effects of defense sector remain the same …

India: An Introduction, Shyam Sunder

Shyam Sunder

No abstract provided.

Impact Of Mahatma Gandhi National Rural Employment Guarantee Act (Mgnrega) On Rural Labour Markets, D Narasimha Reddy, A Amarender Reddy, Nagaraj N, Bantilan Mcs

A Amarender Reddy

This study has evaluated the differentiating impact of MGNREGA on the extent of fulfilment of the basic entitlements such as days of employment, wages and earnings and the extent of coverage of social groups like dalits, adivasis and women and poverty alleviation. This study has disaggregated state level data to discern the factors that make a difference to the performance. Also some micro level scenarios are presented based on the reports of focus group discussions (FGDs) in the villages of Andhra Pradesh. There is growing evidence of an increase in agricultural wages across the country over the period between 2006-07 …

Informal Workers And Their Rights, Srijit Mishra

Srijit Mishra

The four fundamental principles and rights at work are intrinsic and with a pragmatic relevance that also find resonance in the Constitution of India through its Fundamental Rights and Directive Principles. Our interpretation through a Rawlsian prism also adds to our understanding of these four fundamental principles. An evaluation of the Indian context points out that more than 90 per cent of the workforce is informal workers and that the proportion of informal workers is also increasing in the organised sector. Further, our analysis indicates shortcomings in the four fundamental principles. Their freedom to organise is limited as most work …

Bjp’S Demographic Dividend In The 2014 General Elections: An Empirical Analysis, Deepankar Basu, Kartik Misra

Economics Department Working Paper Series

The Bharatiya Janata Party (BJP) swept the 2014 General Elections in India and emerged as a single party with absolute majority, a result not witnessed since 1984. Not only did it win a majority of seats, it also managed to increase its vote share in almost all states between 2009 and 2014. Using state-level data, we show that BJP’s extraordinary poll results relied crucially on attracting young, especially first time, electors.

Social Hierarchies And Public Distribution Of Food In Rural India, Deepankar Basu, Debarshi Das

Economics Department Working Paper Series

In this paper, we develop a simple model that shows that consumption of PDS food grains is significantly different between rich and poor households in states where the PDS functions relatively well; in places where the PDS is non-functional, the difference is not significant. Using household-level data from three recent thick rounds of the consumption expenditure survey (2004-2005, 2009-2010 and 2011-2012), we find evidence in support of the predictions from the model. This suggests that one way to make the PDS functional is to make it more accessible to poor and underprivileged households.

Inflation And Inflation-Uncertainty In India: The Policy Implications Of The Relationship, Abdur Chowdhury

Economics Faculty Research and Publications

Purpose – Inflation and its related uncertainty can impose costs on real economic output in any economy. This paper aims to analyze the relationship between inflation and inflation uncertainty in India.

Design/methodology/approach – The methodology uses a generalized autoregressive conditional heteroscedasticity (GARCH) model and Granger Causality test.

Findings – Initial estimates show the inflation rate to be a stationary process. The maximum likelihood estimates from the GARCH model reveal strong support for the presence of a positive relationship between the level of inflation and its uncertainty. The Granger causality results indicate a feedback between inflation and uncertainty.

Research limitations/implications – …

Does The Quality Of Electricity Matter? Evidence From Rural India, Ujjayant Chakravorty, Martino Pelli, Beyza Ural Marchand

Ujjayant Chakravorty

This paper estimates the returns to household income due to improved access to electricity in rural India. We examine the effect of connecting a household to the grid and of the quality of electricity, defined as hours of daily supply. The analysis is based on two rounds of a representative panel of more than 10,000 households. We use the district-level density of transmission cables as instrument for the electrification status of the household. We find that a grid connection increases non-agricultural incomes of rural households by about 9 percent during the study period (1994-2005). However, a grid connection and a …

Effects Of Export Restrictions On Domestic Market Efficiency: The Case Of India’S Rice And Wheat Export Ban, Kathy Baylis, Maria Christina Jolejole-Foreman, Mindy Mallory

Kathy Baylis

The use of export restrictions has substantially increased in recent years. While a number of papers show how these restrictions have increased world commodity prices, in this paper, we empirically estimate how one country’s export restrictions affected the efficiency of their domestic market. We use a threshold cointegration model to estimate the integration between selected wheat and rice markets in India before and during the export bans and test whether those bans exacerbated the price effects of domestic production shocks. We find that before the ban, the majority of port markets for rice and wheat are integrated with the world …