Madras School of Economics

The Madras School of Economics came into existence in 1995, thanks to the vision and efforts of some leading academicians, industrialists and financial institutions in India. The primary objective was to create a centre that would nurture quality teaching and research programs in economics.

Address: Madras School of Economics, Chennai-600025, India.

Tel: +91 044-22300304,22300307 Fax : 22354847,22352155

Email Id: info@mse.ac.in

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

Paper Type:

Task Force On Improving Employment Data - A Critique

The absence of reliable data on employment was well known in India. For ensuring that the sample sizes for its estimates from its annual employment and unemployment sur...

Section: Working Papers

by T.N. Srinivasan | On 01 Aug 2017

Caste Connections and Government Transfers: The Mahadalits of Bihar

The category of Scheduled Castes, created for the purpose of affirmative action in India, is large, heterogeneous and unequal. In 2007, the state of Bihar classified the most disadvantaged among thi...

Section: Working Papers

by Hemanshu Kumar | On 01 Nov 2016

Laws and Institutions Relating to Environmental Protection in India

This paper deals with the evolution of laws, institutions and polices relating to environmental protection in India. It considers the following questions : (a) whether the laws are evolved indigenou...

Section: Occasional Papers

by U. Sankar | On 01 Sep 2016

Asymmetric Impact of Relative Price Shocks in Presence of Trend Inflation

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

Section: Working Papers

by Sartaj Rather | On 01 Sep 2016

Determinants of Outsourcing in the Automobile Sector in India

This study involves the determination of outsourcing based on the market structure technology imports and technical efficiency for the automotive sector in India. An important characteristic of this...

Section: Working Papers

by Santhosh K. Sahu | On 01 Aug 2016

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

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

Section: Working Papers

by Sunder Ramaswamy | On 01 Aug 2016

Anatomy of Input Demand Functions for Indian Farmers across Regions

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

Section: Working Papers

by Shrabani Mukherjee | On 01 Jul 2016

Valuation of Coastal and Marine Ecosystem Services in India: Macro Assessment

The aim of this study is to value, in monetary units, coastal and marine ecosystem services in India. The reasons for doing so are two–fold: i) the destruction and degradation of coastal ecosystems...

Section: Monographs

by K. S. Kavi Kumar | On 01 Jul 2016

Benefits of Coastal Shipping: Scope for Sea Change in Domestic Freight Transportation in India

The share of coastal shipping in the modal mix of domestic freight transportation in India is currently very low despite it being more costeffective, fuel-efficient and environment-friendly compared...

Section: Working Papers

by Lavanya Ravikanth Anneboina | On 01 Jun 2016

Universal PDS: Efficiency and Equity Dimensions

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

Section: Working Papers

by Sowmya Dhanraj | On 01 Jun 2016

The Tradeoffs between GHGs Emissions, Income Inequality and Productivity

Rising emission of greenhouse gasses (GHGs) and growing economic inequalities have emerged as key challenges for policymakers over the past two decades and the problems are likely to intensify in th...

Section: Working Papers

by Unmesh Patnaik | On 01 Apr 2016

Economic Incentives for the Conservation of Bharathapuzha River: Focus on Sand Mining

Rivers in Kerala are assailed by pollution, sedimentation, sand mining, and constriction of flows. The indiscriminate and unscientific sand mining, even in the midst of many regulatory and protective...

Section: Working Papers

by Lakshmi Sreedhar | On 01 Mar 2016

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

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

Section: Working Papers

by Mohana Mondal | On 01 Mar 2016

Game Theoretical Approach to Regulate the Public-Owned River Water Utilities: A Case Study of Cauvery River

Management of regulated water systems has become increasingly complex due to rapid socio-economic growth and environmental changes in river basins over recent decades. This paper focusses on the publ...

Section: Working Papers

by Zareena Begum Irfan | On 01 Mar 2016

Kerosene Consumption in India: Welfare and Environmental Issues

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

Section: Working Papers

by Brinda Viswanathan | On 01 Jan 2016

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

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

Section: Working Papers

by Arpita Ghose | On 01 Jan 2016

Determinants of Child Health: An Empirical Analysis

Infant and child mortality rates in India have fallen by almost half from the time of adoption of millennium development goals to 2012 but there has not been a concurrent decrease in morbidity and und...

Section: Working Papers

by Sowmya Dhanaraj | On 01 Dec 2015

Does Corporate Governance Matter in Determinants and Use of Cash: Evidence from India

Our study investigates the determinants and use of cash holdings by Indian companies. Using a large sample of manufacturing firms that are publicly traded on Bombay Stock exchange for the period of 19...

Section: Working Papers

by Ekta Selarka | On 01 Dec 2015

Is Financial Inclusion Cause or Outcome? A State-Wise Assessment in India

Financial inclusion is considered as cause as well as outcome of inclusive growth. This study tries to construct a comprehensive measure of financial inclusion and evaluate the extent of financial inc...

Section: Working Papers

by Shrabani Mukherjee | On 01 Nov 2015

Female Headed Households And Poverty: Analysis Using Household Level Data

The relationship between gender and poverty is a complex and debatable topic more than ever and thus a potential area for policy makers to focus. The aim of this paper is to review existing literature...

Section: Working Papers

by Sukanya Das | On 01 Nov 2015

Impact of Agricultural Related Technology Adoption on Poverty: A Study of Select Households in Rural India

This paper applies a program evaluation technique to assess the causal effect of adoption of agricultural related technologies on consumption expenditure and poverty measured by different indices. The...

Section: Working Papers

by Santosh K. Sahu | On 01 Oct 2015

Related Party Transactions and Stock Price Crash Risk: Evidence from India

Related Party Transactions disclosures in Annual Reports have recently gained more attention of the Indian policymakers. This paper aims at finding out the effect of related party transactions disclos...

Section: Working Papers

by Subhra Choudhury | On 01 Oct 2015

Analyzing the Aid Effectiveness on the Living Standard: A Check-up on South East Asian Countries

The present research work aims to analyse the effect that the disaggregated developmental aid has had on the health status and the standard of living in the urban sector after the MDGs were establishe...

Section: Working Papers

by Zareena Begum Irfan | On 01 Oct 2015

The Culmination of the MDG’s: A New Arena of the Sustainable Development

Established in 2000; the Millennium Development Goals had played a major role in bringing back the developmental issues to focus. Nearing the end of the stipulated time when they had to be achieved an...

Section: Working Papers

by Zareena Begum Irfan | On 01 Oct 2015

Investigating Household Preferences for Restoring Pallikaranai Marsh

The study examines households’ willingness to pay for the conservation of Pallinkaranai marsh located in the south of Chennai, Tamil Nadu. A stated preference method, namely, Contingent Valuation m...

Section: Working Papers

by Suganya Balakumar | On 01 Oct 2015

Effect of Macroeconomic News Releases on Bond Yields in India China and Japan

This paper studies the effect of domestic macroeconomic news releases on the change in the bond yields of India, China and Japan. We apply event study method to observe whether the large set of new in...

Section: Working Papers

by Sreejata Banerjee | On 01 Oct 2015

Health Shocks and Inter-Generational Transmission of Inequality

This study explores the inter-generational effects of health shocks using longitudinal data of Young Lives project conducted in the southern state of India, Andhra Pradesh for two cohorts of children...

Section: Working Papers

by Sowmya Dhanaraj | On 01 Sep 2015

Recreational Value of Coastal and Marine Ecosystems in India:A Partial Estimate

Recreation is an important ecosystem service in coastal and marine ecosystems. The methodology for valuing recreational services is well developed in the literature. To the best of our knowledge, this...

Section: Working Papers

by Pranab Mukhopadhyay | On 01 Sep 2015

Analyzing the Water Footprint of Indian Dairy Industry

Water footprint is a multidimensional indicator, showing water consumption volumes by source and by type of pollution; all components of a total water footprint are specified geographically and tempor...

Section: Working Papers

by Zareena Begum Irfan | On 01 Sep 2015

Mergers and Acquisitions in the Indian Pharmaceutical Sector

Mergers and acquisitions (M and A) are common strategies of firms to increase its performance. Although, the motives of M and A are different however, the determinants are discreet. This study tries t...

Section: Working Papers

by Nikita Agarwal | On 01 Sep 2015

Efficiency in Education Sector: A Case of Rajasthan State (India)

In this paper, considering the district level variations in literacy and other pertinent socio-economic variables we explore whether efficiency in education in district level enrolments is merely a re...

Section: Working Papers

by Brijesh C. Purohit | On 01 Sep 2015

Health Shocks and Coping Strategies: State Health Insurance Scheme of Andhra Pradesh, India

The objectives of the study are three-fold: to investigate who are vulnerable to welfare loss from health shocks, what are the household responses to cope with the economic burden of health shocks and...

Section: Working Papers

by Sowmya Dhanaraj | On 01 Sep 2015

Productivity, Energy Intensity and Output: A Unit Level Analysis of the Indian Manufacturing Sector

This study examines the Total Factor Productivity (TFP) growth of the preexisting units on a balanced sample for ten years (1998-1999 to 2007- 2008) following the Levinsohn and Petrin (2003) technique...

Section: Working Papers

by Santosh Kumar Sahu | On 01 Sep 2015

Impact of Water and Sanitation on Selected Water Borne Diseases in India

One of the Millennium Development Goals is to provide improved sanitation facilities along with availability of potable water; which are indeed the two basic needs for human survival. However, despite...

Section: Working Papers

by Brijesh C. Purohit | On 01 Aug 2015

Health Shocks and Short-Term Consumption Growth

Health shocks can affect the household economy through a substantial rise in out-of-pocket medical expenditure and/or loss of income. In such a situation, households use a range of coping mechanisms t...

Section: Working Papers

by Sowmya Dhanaraj | On 01 Aug 2015

Efficiency in Elementary Education in Urban India: An exploratory Analysis using DEA

Increasing literacy in the Indian states is possible by increasing enrolments in elementary education. This study explores the later by primary and upper primary enrollments for nineteen major Indian...

Section: Working Papers

by Brijesh C. Purohit | On 01 Aug 2015

Price Rigidity, Inflation and the Distribution of Relative Price Changes

This study examines whether skewness of the cross sectional distribution of relative price changes is positively associated with aggregate inflation as predicted by the Menu cost model of Ball and Man...

Section: Working Papers

by Sartaj Rather | On 01 Aug 2015

Money and Inflation: Evidence from P-Star Model

This study uses P-star model to examine the role of money in explaining inflation in India. In particular, we compare the performance of traditional Phillips curve approach against P-star model in for...

Section: Working Papers

by Sunil Paul | On 01 Aug 2015

Determinants of Energy and CO2 Emission Intensities: A Study of Manufacturing Firms in India

This paper investigates the determinants of energy and emission intensities of manufacturing firms in India, from 2000 to 2014. Given that Indian manufacturing sector is one of the world’s most pollut...

Section: Working Papers

by Santosh K. Sahu | On 01 Aug 2015

The Conundrum of Profitability Versus Soundness for Banks by Ownership Type: Evidence from the Indian Banking Sector

Banks pursue profit like any business, but in their role as custodians of domestic savings, they are required to be cautious. Riskier but profitable advances may cause asset quality deterioration, thu...

Section: Working Papers

by Sreejata Banerjee | On 01 Jul 2015

Caught in the ‘Net’: Fish Consumption Patterns of Coastal Regions in India

Fish is an important source of food and livelihood for people. Owing to their proximity to the sea, coastal communities have long depended on this resource to meet their nutritional needs. Does this,...

Section: Working Papers

by Lavanya Ravikanth Anneboina | On 01 Jun 2015

The Income Mobility in Rural India: Evidence From ARIS/ REDS Surveys

Economic mobility is a significant consequence of income inequality and growth. In this paper, authors have used a unique ARIS/ REDS surveys data set for rural India spanning three decades to determin...

Section: Working Papers

by Kailash Chandra Pradhan | On 01 Jun 2015

Public Economics and Sustainable Developments Policy

The domain of public economics is increasing as governments‘ policy goal is shifting from economic development to sustainable development. The government has to act as a trustee representing future ge...

Section: Working Papers

by U. Sankar | On 01 Jun 2015

Monetary Policy Credibility: Is There a Magic Bullet?

This paper examines the concept of monetary policy credibility from both the theoretical and practical viewpoints. It also discusses the advantages of high credibility and explains measures that can b...

Section: Working Papers

by Naveen Srinivasan | On 01 Jun 2015

Parent’s Choice Function for Ward’s School Continuation in Rural India: A Case Study in West Bengal

In this paper we present a choice function of a rural household about her/his ward?s schooling. It makes an empirical evaluation on the basis of simple theoretical framework using primary data set, su...

Section: Working Papers

by Debdulal Thakur | On 01 Jun 2015

Biofuel Feedstock Cultivation in India: Implications for Food Security and Rural Livelihoods

Biofuels are acquiring importance due to their potential to mitigate greenhouse gas emissions. The two most important biofuels – viz., bioethanol and bio-diesel, are largely considered supplementary t...

Section: Working Papers

by K.S. Kavi Kumar | On 01 Jun 2015

Can Univariate Time Series Models of Inflation Help Discriminate Between Alternative Sources of Inflation Persistence

When it comes to measuring inflation persistence, a common practice in empirical research is to estimate univariate autoregressive moving average (ARMA) time series models and measure persistence as t...

Section: Working Papers

by Naveen Srinivasan | On 01 May 2015

To Consume or to Conserve: Examining Water Conservation Model for Wheat Cultivation in India

Constitutionally in India, the individual states have responsibility for water, forests, and agriculture. Major canal irrigation accounts for over 80 percent of India's irrigation. This paper observes...

Section: Working Papers

by Zareena Begum Irfan | On 01 Apr 2015

A Dynamic Economic Model of Soil Conservation Involving Genetically Modified Crop

This paper attempts to model the positive role of cultivation of Genetically Modified (GM) crop with its soil-anchoring root-characteristic and use of conservation-tillage technology, in saving orga...

Section: Working Papers

by Amrita Chatterjee | On 01 Jan 2015

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

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

Section: Working Papers

by Shrabani Mukherjee | On 01 Jan 2015

Women’s Malnutrition in India: The Role of Economic and Social Status

This study has used India Human Development Survey, 2005 to study the factors influencing the Body Mass Index (BMI) of women between 20 to 40 years of age in India. BMI captures both undernutrition...

Section: Working Papers

by Shikha Dahiya | On 01 Sep 2014

Perspectives on Valuation of Biodiversity

The economic value that biodiversity and ecosystems have is known to be very high. Despite this knowledge, we still find that there is large scale and significant loss of diversity of resources and ec...

Section: Working Papers

by Suneetha M. S. | On 01 Jul 2014

Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?

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

Section: Working Papers

by Patrick Minford | On 01 Jul 2014

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

Section: Working Papers

by Pankaj Kumar | On 01 Jun 2014

R and D Spillovers Across the Supply Chain: Evidence from the Indian Automobile Industry

This study attempts to capture the impact of vertical and horizontal R and D spillovers across the supply chain. Empirical studies have captured vertical spillovers while finding the role of horizonta...

Section: Working Papers

by Madhuri Saripalle | On 01 Nov 2013

Weather Sensitivity of Rice Yield: Evidence from India

This study estimates the weather sensitivity of rice yield in India, using disaggregated (district) level information on rice and high resolution daily weather data over the period 1969-2007. Compare...

Section: Working Papers

by Anubhab Pattanayak | On 01 Sep 2013

Carbon Dioxide Emissions from Indian Manufacturing Industries: Role of Energy and Technology Intensity

This paper is an attempt to compute Carbon Dioxide (CO2) emission from fossil fuel consumption for firms in Indian manufacturing sector from 2000 to 2011 by adopting the IPCC Reference Approach. Th...

Section: Working Papers

by Santosh Kumar Sahu | On 01 Sep 2013

Rural Migration, Weather and Agriculture: Evidence from Indian Census Data

This study explores the three way linkage between weather variability, agricultural performance and internal migration in India at state and district level using Indian Census data.[MSE].

Section: Working Papers

by Brinda Viswanathan | On 01 Mar 2013

Revisiting the Growth-Inflation Nexus: A Wavelet Analysis

Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining...

Section: Working Papers

by Saumitra N Bhaduri | On 01 Feb 2013

A Note on Excess Money Growth and Inflation Dynamics: Evidence from Threshold Regression

We test the effect of excess money growth on inflation using Threshold Regression technique developed by Hansen (2000). The empirical test is conducted using annual data from India for the period from...

Section: Working Papers

by Saumitra N Bhaduri | On 01 Feb 2013

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

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

Section: Working Papers

by Anindita Chakrabarti | On 30 Dec 2012

Science and Economics for Sustainable Development o f India

This paper deals with the interface between science and economics in environmental policy making in India. It explains Nehru‘s concept of scientific temper and its influence in the formulation of scie...

Section: Working Papers

by U. Sankar | On 01 Dec 2012

Science and Economics for Sustainable Development of India

This paper deals with the interface between science and economics in environmental policy making in India. It explains Nehru‘s concept of scientific temper and its influence in the formulation of scie...

Section: Working Papers

by U. Sankar | On 01 Dec 2012

Addressing Long - term Challenges to Food Security and Rural Livelihoods in South Asia

Notwithstanding its impressive economic growth, food insecurity in South Asia continues to be a stark reality for a large number of households. Despite several successful policy interventions by Gover...

Section: Working Papers

by K.S. Kavi Kumar | On 01 Oct 2012

Addressing Long-term Challenges to Food Security and Rural Livelihoods in South Asia

Notwithstanding its impressive economic growth, food insecurity in South Asia continues to be a stark reality for a large number of households. Despite several successful policy interventions by Gover...

Section: Working Papers

by K. S. Kavi Kumar | On 01 Oct 2012

Health Policy, Inequity and Convergence in India

The objective of this study is to put to test the development paradigm that this inequity will converge and adjustment period will be lowered for equitable outcomes in health provided a fine tuning o...

Section: Working Papers

by Brijesh C. Purohit | On 01 Sep 2012

Assessing Farmer ’s Willingness to Participate in the On - farm Conservation of Minor Millet using Direct Compensation Payment

The farmers, predominantly the small and tribal, particularly in regions of rich agro-biodiversity immensely contribute to the on-farm conservation and enrichment of this diversity, often at personal...

Section: Working Papers

by Prabhakaran Raghu | On 01 Aug 2012

Compensating Wages for Occupational Risks of Farm Workers in India

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

Section: Working Papers

by Indira Devi P | On 01 Jun 2012

Poverty, Human Development and Health Financing in India

This study aims at analyzing the differentials across rich and poor states and across rich and poorer strata and rural urban segments of 19 major Indian states. The study indicates that besides ind...

Section: Working Papers

by Brijesh C Purohit | On 01 May 2012

The Distributional Impacts of Climate Change on Indian Agriculture : A Quantile Regression Approach

Using a 30-year dataset on district level yields with more than 200 districts and pairing it with a newly available gridded weather data set this paper estimates the impact of climate change on major...

Section: Working Papers

by Chandra Kiran B Krishnamurthy | On 01 May 2012

Efficiency of Raising Health Outcomes in the Indian States

This study measures the efficiency of Indian states in raising health outcomes, using the stochastic frontier methodology for panel data for the period 2000-2009. [MSE WORKING PAPER 70/2012]. URL: [...

Section: Working Papers

by Prachitha J | On 01 May 2012

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

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

Section: Working Papers

by Sreejata Banerjee | On 01 May 2012

Corporate Governance and Product Market Competition

On one hand product market competition acts as an ultimate solution to align interests of managers and shareholders, and on the other hand, competition alone may not be sufficient because it may not p...

Section: Working Papers

by Ekta Selarka | On 01 May 2012

Learning and Capability Acquisition: A Case Study of the Indian Automobile Industry

This study analyzes the impact of government policy regime on the learning and capability acquisition of firms over time. Through a case study analysis of the Indian automotive industry, the study d...

Section: Working Papers

by Madhuri Saripalle | On 01 Jan 2012

Performance of Flagship Programmes in Tamil Nadu

This study aims to provide a mid-term appraisal of the Eleventh Five Year Plan (2007-12), focusing on the performance of flagship programmes in Tamil Nadu. In this paper, a brief note on the Eleventh...

Section: Monographs

by K. R. Shanmugam | On 01 Jan 2012

Arsenic Contamination in Water: A Conceptual Framework of Policy Options

Arsenic contamination in water supplies continues to increase in many countries, especially in developing nations, thereby creating both environmental and health hazard. Its sources and effects are mu...

Section: Working Papers

by Zareena Begum Irfan | On 01 Jan 2012

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

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

Section: Working Papers

by Padmini Desikachar | On 14 Dec 2011

Declining Free Healthcare and Rising Treatment Costs in India: An Analysis of National Sample Surveys, 1986-2004

This paper focuses on the trends in health seeking behaviour of people and the cost of treatment by examining the National Sample Survey data pertaining to three rounds -1986-87, 1995-96 and 2004. Wit...

Section: Working Papers

by Anil Gumber | On 01 Oct 2011

Evidence on Changes in Time Varying Volatility around Bonus and Rights Issue Announcements

The short term and long term stock price volatility changes around bonus and rights issue announcements have been examined using historical volatility estimation and time varying volatility approach...

Section: Working Papers

by Madhuri Malhotra | On 19 Sep 2011

Discount Rate for Health Benefits and the Value of Life in India

This study contributes to the literature by estimating discount rate for environmental health benefits and value of statistical life of workers in India. The discount rate is imputed from wage-risk...

Section: Working Papers

by K. R. Shanmugam | On 18 Aug 2011

Dependence of States on Central Transfers: Aggregate and State-wise Analysis

This paper examines the dependence of states on central fiscal transfers. It particularly focuses on the role of transfers through tax devolution under the recommendation of the Finance Commissions. T...

Section: Working Papers

by D K Srivastava | On 01 Aug 2011

Shifting Preferences at the Fed: Evidence from Rolling Dynamic Multipliers and Impulse Response Analysis

The existing empirical literature on Taylor-type interest rate rules has failed to achieve a robust consensus. Indeed, the relatively common finding that the Taylor principle does not hold has fueled...

Section: Working Papers

by Matthew Greenwood Nimmo | On 01 May 2011

Female Labour Migration in India : Insights From NSSO Data

The objective of this working paper is to examine the extent of employment oriented migration of females in India and the inter–state variations in its magnitude using NSSO 55th Round Household level...

Section: Working Papers

by Shanthi. K | On 04 Mar 2011

India's Low Carbon Inclusive Growth Strategy

India’s low carbon inclusive growth strategy is framed in the context of  multiple goals and its national circumstances. In many cases, co­benefits  such as energy security, universal access to cl...

Section: Working Papers

by U. Sankar | On 28 Dec 2010

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

Section: Working Papers

by U. Sankar | On 28 Dec 2010

Feasibility of Incentive Based Environmental Instruments in State and Central Taxation Regimes

Taxation policies in India have historically not been environmentally oriented. A tax system is needed whic is environmentally more rational. It is argued in this study that India is currently going...

Section: Monographs

by D K Srivastava | On 01 Dec 2010

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

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

Section: Working Papers

by Ekin Birol | On 09 Nov 2010

Climate Variability and Agricultural Productivity: Case Study of Rice Yields in Northern India

Agriculture is a climate sensitive sector and provides livelihood for more than 60 percent of Indian population. There have been a large number of studies over the past decade that tried to assess t...

Section: Working Papers

by Ishwarya Balasubramanian | On 09 Nov 2010

Heterogeneous MNC Subsidiaries and Technological Spillovers: Explaining Positive and Negative Effects in India

One of the most intriguing aspects of the recent empirical literature on FDI-related spillover effects is the increasing identification of mixed results. A few studies, particularly in advanced coun...

Section: Working Papers

by Anabel Marin | On 10 Jun 2010

Measuring Accuracy of Projections of Central Taxes by the Finance Commission

This paper looks at the quality of forecasts/assessments made by some of the recent Finance Commissions for the shareable central taxes and own tax revenues of selected states. The Commissions cover...

Section: Working Papers

by D K Srivastava | On 22 May 2010

The Value of Improved Public Services: An Application of the Choice Experiment Method to Estimate the Value of Improved Wastewater Treatment Infrastructure in India

In this paper we employ a stated preference environmental valuation technique, namely the choice experiment method, to estimate local public?s willingness to pay (WTP) for improvements in the capacity...

Section: Working Papers

by Ekin Birol | On 01 May 2010

Reforming Indirect Taxes in India : Role of Environmental Taxes

Extensive reforms of India's indirect taxes at the central and the state levels has prepared the necessary ground for the implementation of a comprehensive goods and services tax (GST). The Empowere...

Section: Working Papers

by D K Srivastava | On 23 Apr 2010

Ecology, Environment and Sustainable Development in Indian Fiscal Federalism

This paper argues that the incorporation of new references in the Thirteenth Finance Commission mandate relating to, 'ecology, environment and climate change' and 'quality of public expenditure' pos...

Section: Working Papers

by U. Sankar | On 25 Apr 2009

Causality between Foreign Direct Investment and Tourism: Empirical Evidence from India

This paper investigates the causal link between foreign direct investment and tourism in India by employing the Granger causality test under a VAR framework. A one-way causality link is found from f...

Section: Working Papers

by Saroja Selvanathan | On 24 Apr 2009

Inter-State Imbalances in Essential Services: Some Perspectives

This paper analyzes the inter-state imbalances in three major sectors of the economy, namely, education, health and family welfare, and water supply and sanitation for fifteen major states. It uses...

Section: Working Papers

by C Bhujanga Rao | On 14 Jan 2009

Socio-Economic Characteristics of the Tall and not so Tall Women of India

New studies are increasingly appearing based on historical data across the world that better socio-economic status is associated with taller men and women. This study based on a recent Indian data ana...

Section: Working Papers

by Brinda Viswanathan | On 08 Jan 2009

Innovation in India and China: Challenges and Prospects in Pharmaceuticals and Biotechnology

India and China are important players in an evolving process of globalization of research and development (R&D). Focusing on pharmaceuticals and biotechnology industries, this paper analyses the ch...

Section: Working Papers

by Jayan Jose Thomas | On 28 Sep 2008

Macroeconomic Uncertainty and Corporate Liquidity: The Indian Case

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

Section: Working Papers

by Mrinal Kanti | On 22 Jan 2008

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

Section: Working Papers

by Saumitra N Bhaduri | On 18 Sep 2007

Investment and Capital Market Imperfections: Some Evidence from a Developing Economy, India

The paper presents a switching regression model of investment decision, where the probability of a firm facing financial constraint is endogenously determined. The approach, therefore, obviates the...

Section: Working Papers

by Saumitra N Bhaduri | On 11 Sep 2007

Environment, Human Development and Economic Growth after Liberalisation: An Analysis of Indian States

Economic growth does not necessarily ensure environmental sustainability for a country. The relationship between the two is far more complicated for developing countries like India, given the depend...

Section: Working Papers

by Sacchidananda Mukherjee | On 16 Jul 2007

Industrial Growth And Environmental Industrial Growth And Environmental Industrial Growth And Environmental Degradation: Degradation: Degradation: A Case Study Of Tiruppur Textile Cluster A Case Study Of Tiruppur Textile Cluster A Case Study Of Tiruppur Textile Cluster

The rapid economic growth achieved after globalization by most of the developing countries, has imposed considerable social costs and has become a major threat to sustainable development. However it i...

Section: Working Papers

by Prakash Nelliyat | On 01 Jun 2007

Compensating the Loss of Ecosystem Services Due to Pollution in Noyyal River Basin, Tamil Nadu

The loss of ecosystem services due to industrial pollution in the Noyyal River Basin was estimated through physical research studies of water and soil quality and bio-mapping followed by economic valu...

Section: Working Papers

by Paul Appasamy | On 01 Feb 2007

A Comparative Analysis of Recent Export Performances of China and India

Drawing on the convergence theory, one would expect that as a latecomer to integrate with the globalized economy India’s export performance would be at least on par with that of China because China’s...

Section: Working Papers

by Kaliappa Kalirajan | On 01 Jan 2007

Health, Technical Efficiency And Agricultural Production In Indian Districts

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

Section: Working Papers

by Atheendar S. Venkataramani | On 17 Aug 2006

Technical Efficiency in Agricultural Production and Its Determinants: An Exploratory Study at the District Level

Given the importance of agriculture to the well being of a large percentage of India’s population, it becomes important to study how improvements can be made in the productivity of this sector. Thi...

Section: Working Papers

by K. R. Shanmugam | On 15 Jun 2006

Fuel Demand Elasticities for Energy and Environmental Policies Indian Sample Survey Evidence

India has been running large-scale interventions in the energy sector over the last decades. Still, there is a dearth of reliable and readily available price and income elasticities of demand to bas...

Section: Working Papers

by Haripriya Gundimeda | On 14 Jun 2006

Equalizing Health and Education: Approach of the Twelfth Finance Commission

Service standards in the provision of health and education in the states in India are low on average and also characterized by large inter-state disparities. These disparities are due to differences i...

Section: General

by D K Srivastava | On 09 Mar 2006

Ground Water Pollution and Emerging Environmental Challenges of Industrial Effluent Irrigation: A Case Study of Mettupalayam Taluk, Tamilnadu

Industrial disposal of effluents on land and subsequent pollution of groundwater and soil of surrounding farmlands – is a relatively new area of research. Environmental and socio-economic aspects of i...

Section: Working Papers

by Sacchidananda Mukherjee | On 08 Mar 2006

Accounting for India’s Forest Wealth

In this paper, they account for forest wealth in India. Changes in the timber and carbon wealth embodied in these forests are related to important green national accounting aggregates such as genuine...

Section: Working Papers

by Giles Atkinson | On 07 Feb 2006

Is Economic Growth Sustainable? Environmental Quality of Indian States Post 1991

This study is an attempt to investigate the relationship between environmental quality and per capita NSDP i.e., (Environmental Kuznets Curve, EKC) of four major Indian States in the light of their ve...

Section: Working Papers

by Sacchidananda Mukherjee | On 02 Feb 2006

Does Environmental Kuznet’s Curve Exist For Indoor Air Pollution? Evidence From Indian Household Level Data

Existence of Environmental Kuznet’s Curve (EKC) is an empirical issue to analyze as evidence from the literature has been mixed. This study focuses on indoor air pollution generated from the use of fu...

Section: Working Papers

by K.S. Kavi Kumar | On 01 Apr 2004

Some Aspects of Inter District Disparities in Tamil Nadu

The study analyzes the inter-district variations in levels of income and human development in Tamal Nadu in recent years. It also tries to analyze the causes of the relatively low levels of income of...

Section: Working Papers

by R. J. Chelliah | On 15 May 2001

The Malaise of the Indian Financial System: The Need for Reforms

The world over, the financial sector is faced with adjustment problems of facing up to rapid changes in the environment. The Indian financial system cannot be immune to this universal phenomenon. What...

Section: Working Papers

by S.S. Tarapore | On 16 Jun 2000

Issues Before the Eleventh Finance Commission: Presented and Discussed at the Seminar on The Issues Before the Eleventh Finance Commission

In their tasks to fulfill their constitutional obligations, the Eleventh Finance Commission have to face and solve two broad group of issues. The first relates to the basic principles that ought to go...

Section: Working Papers

by Chelliah Raja J | On 21 Jan 1999

Inflation and the Dispersion of Component Price Indices: A Case for Four Percent Solution

Unlike earlier literature that documented positive association between inflation and the dispersion of relative prices over time, the empirical evidence from this study suggests that the relative pric...

Section: Working Papers

by Sartaj Rather | On 01 Jan 1900