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Archives: Working Papers
Forecasting Core Inflation in India: A Four-Step Approach
We propose a novel approach to forecasting core inflation in India, whose average contribution to headline inflation has been about 55 percent ...Does Social Identity Constrain Rural Entrepreneurship? The Role of...
Abstract:- This paper examines whether better financial access can mitigate the impact of social identity on entrepreneurship. Using a novel dataset of ...The Great Indian Savings Puzzle
Abstract India’s savings rate surged from 13% in 1970 to 38% in 2008, declining steadily thereafter to 30% in 2019. Unlike other ...COVID-19 and the unequal distribution of poverty risks: Evidence from...
Abstract This paper investigates poverty transitions and household predictors associated with different states of poverty transitions in India during the pandemic’s first ...Should the attainment of Sustainable Development Goals be fast-tracked to...
Abstract:- United Nations reports the COVID-19 pandemic to have delayed the attainment of Sustainable Development Goals (SDGs) as more resources were diverted ...Identification of Nodal Agricultural Markets for Price Monitoring
Abstract:- Effective monitoring of agricultural prices is crucial since large and frequent movements of prices impact producers’ income; consumers’ access to food ...Redistributive Policy Shocks and Monetary Policy with Heterogeneous Agents
Abstract:- Governments in EMDEs routinely intervene in agriculture markets to stabilize food prices in the wake of adverse shocks. Such interventions usually ...Explaining household expenditure on cooking fuel: Role of income and...
This study aims at analysing the determinant of cooking fuel expense at household level in Uttar Pradesh (UP). For this purpose, panel ...Labor market shocks, Social Protection and Women’s Work
In this study we focus on the lockdown in response to the Covid-19 pandemic that highlighted the vulnerabilities faced by women in ...Effect of Air Pollution on Cognitive Performance in India
This paper provides a causal estimate of the contemporaneous impact of outdoor air pollution on cognitive and academic performance of children aged ...Debt Decomposition and the Role of Inflation:A Security Level Analysis for...
In this paper, to study India’s debt dynamics, we assemble a novel data-set on Indian public debt with consistently defined aggregate annual ...Association between Time Use Behaviour and Health and Well Being among...
Ageing is an inevitable demographic process occurring globally. Coming decades are projected to see a substantial increase in the elderly population and ...Divergent Policies for Convergence Clubs: A Study of Post-Reform Indian...
Should economies attempting to break out of low-growth convergence clubs adopt policies distinctly different from those in high-growth clubs? This paper proposes ...Unreliable Public Water Supply and Coping Mechanisms of Low-Income...
India is reported to have the world’s highest inhabitants without access to safe drinking water.Even in the capital city Delhi, although around ...Differential Growth Impact of FDI on LICs, LMICs, and ECs: The Role of...
FDI has been beneficial to developing countries through increased access to capital, technology, foreign markets, superior managerial skills, and other backward and ...New Approaches to Forecasting Growth and Inflation: Big Data and Machine...
The use of big data and machine learning techniques is now very common in many spheres and there is growing popularity of ...Export Performance: A Study of Labour and Capital Intensive Manufacturing...
This paper makes an attempt to explore the export performance and its determinants of labour and capital intensive industries of Indian manufacturing ...Central Bank Digital Currency (CBDC): Critical Issues and the Indian...
A large number of Central Banks around the world are planning to introduce Central Bank Digital Currencies (CBDCs) as a legal tender ...DO DIFFERENT TYPES OF CAPITAL INFLOWS HAVE DIFFERENTIAL IMPACT ON OUTPUT?...
Emerging market economies have experienced an unprecedented rise in cross-border capital flows and the existing literature provides us evidence of both expansionary ...Financial Access and Gender Gap in Entrepreneurship and Employment:...
Can expansion of bank branch network reduce gender-gap in economic activity at the village level? To explore this issue, we construct a ...Drivers of Corporate Investment Slowdown in India: A Firm Level Analysis
Majority of the existing literature has focused on examining the determinants of investment behaviour and the factors responsible for its slowdown at ...AGRICULTURAL MARKET IMPERFECTIONS AND FARM PROFITABILITY IN INDIA
The gap between the incomes of agricultural workers vis-a-vis non-agricultural workers in India has widened since the 1990s and improving farmers’ income ...Investment Slowdown in India: Role of Fiscal-Monetary policy and Economic...
The current study attempts to understand the determinants of investment and the underlying reasons for its current slowdown in India. For the ...Economy’s response to Rainfall and Economic factors
Agriculture, known to be particularly sensitive to rainfall, helps determine GDP by its own performance and through its linkages with the industrial ...Shedding light on unnoticed gems in India: Small towns’ development...
Shedding light on unnoticed gems in India: Small towns’ development perspective Mitra, Arup and Tripathi, Sabyasachi 2021 Employment, Labour and Informal Sector ...Investment Behavior in India: What led to Investment Slowdown and how to...
The importance of investment for improved productivity and economic growth has been well established in both theoretical and empirical literature. Investment slowdown ...Do Absorptive Capacities matter for FPI-Growth Nexus? Evidence from...
Since the 1990s, there has been an increase in the volume of Foreign Portfolio Investments (FPI) flowing to developing economies. Theoretically, FPI ...Mobility at the Lower Echelons?Evidence Based on Slum Household Panel Data...
This paper based on the household panel data collected from the slum surveys in the national capital of India notes that the ...IMPACT OF OUTWARD FDI: Evidence from Emerging Economies for Policy
The study makes an attempt to contribute to the ongoing policy debate on whether OFDI has a complementary or substitution effect on ...Including musculoskeletal diseases in the health policy agenda in...
Morbidity due to Musculoskeletal Diseases (MSDs) has been rising steadily both globally and in India – fuelled primarily by lifestyle/behavioural factors and ...Agglomeration Economies and Rural to Urban Migration: A District Level...
Keeping in view the concept of agglomeration economies and the New Economic Geography (NEG) angle, this paper makes an attempt to examine ...Obesity and its Impact on COVID Occurrence: Evidence from India
Over-nutrition has emerged as a major public health issue in India. Being overweight or obese has been linked to non-communicable diseases (NCDs) ...Fiscal dominance in India: Through the windshield and the rearview mirror
Theoretical works have pointed at the potentially damaging impacts of fiscal dominance, i.e. fiscal authority’s profligacy being accommodated by the monetary authority. ...THE RECENT FARM LAWS IN INDIA: RATIONALE, IMPLICATIONS AND WAY FORWARD
Indian Parliament has recently enacted three laws related to agricultural marketing (two laws and an amendment to an existing Act), which are ...Social Demographics and Health Achievements: An Ecological Analysis of...
The National Rural Health Mission of India was expected to have two broad kinds of impacts on institutional delivery and immunization coverage. ...Gender and workplace interactions: who is likely to lose?
Workplace interactions have been identified as a valuable source of information and career advancement. This study examines workplace interaction by looking at ...Does climate change perception make livelihood diversification more...
Poor households engage in multiple activities to maintain their consumption in face of economic hardships or exogenous shocks. In this paper, we ...India’s Cartel Penalty Practices, Optimal Restitution and Deterrence
We analyze the cartel penalty regime in India in light of the literature on optimal penalty for restitution and deterrence, as well ...Revisiting Reports of the First National Labour Commission & the...
From 1940s onwards and well into the 1970s, labour policy had revolved around principles of tripartism and protection of labour rights; in ...Policy Analysis beyond Development Economics: Questions for Labour...
From 1940s onwards and well into the 1970s, labour policy had revolved around principles of tripartism and protection of labour rights; in ...EXPLORING THE CONVERGENCE PUZZLE IN INDIA: Combining neoclassical and...
The study of economic growth across countries is highly rewarding. Understanding the varied patterns of growth across countries is crucial because disparities ...Price or income support to farmers? Policy options and implications
The recent farm laws enacted by the Indian Parliament have sparked a major debate over the importance and the form of public ...Growth Matters? Revisiting the Enigma of Child Undernutrition in India
Higher economic growth in the post-liberalization phase since the 1990s was expected to translate into rapid all around improvements in well-being of ...Has Open Innovation Taken Root in India? Evidence from Startups working in...
Open innovation represents a paradigm shift in the technology development process from the advent of the New Millennium. Though evidenced mainly in ...Livelihood Volatility in the Urban Labour Market: Reflections from...
This study aims at capturing the labour market volatility which is conceptualized in terms of the lack of sustainable sources of livelihood ...COSTING OF HEALTH AND WELLNESS CENTRES : A CASE STUDY OF GUJARAT
The National Health Policy 2017 recommended the establishment of Health and Wellness Centres (HWC) as the primary platform to deliver comprehensive primary ...What Causes Poor Child Health in India? Reflections from NFHS-5
This paper based on the data from the NFHS-5 examines various indicators of child health in India. A variety of correlates have ...Harrod-Domar Formula for Two Sector Growth Models
In this paper the much celebrated Harrod-Domar model is extended to include a non-consumable capital good. Here, growth rate of capital is ...Efficiency Assessment of Maternal health services in the Aspirational...
India has achieved a momentous leap in economic growth in last few decades despite that it exhibits two disparate spectrums. At one ...BELT AND ROAD INITIATIVE: Developments, Economic and Strategic...
China’s flagship project Belt and Road Initiative (BRI) launched in 2013 is meant to reshape global networks of transport infrastructure further integrating ...Employment and TFP Impact of Technologies in the Developing World:...
This study assesses the impact of technology import, input import, foreign ownership of the company and domestic innovation on productivity and employment. ...COVID lockdown, how people managed and impact of welfare schemes on...
COVID-19 pandemic is likely to accentuate poverty and vulnerability of people at the margin for a number of reasons like lockdown, relocation ...Farmers’ Stress, Income and the role of Non-Farm Business
Agricultural policies in India have largely been geared to increase domestic production and productivity in agriculture. Some of the reasons for farmers’ ...Vocational Training, Extension, and the Changing Landscape of Agricultural...
Since 2013, India has been introducing new, nationally standardised agricultural vocational training programmes, as part of the broader Skill India initiative of ...Cost-Benefit Analyses of Nutrition Interventions in India’s Policy...
The Government of India has launched several important nutrition and health programmes and interventions. This study is an attempt to estimate the ...COVID-19 Pandemic and Livelihood Loss: Variations in Unemployment Outcomes...
The paper notes significant variations in the rise in the unemployment rate across regions though the nationwide lockdown was implemented without any ...Finance and Innovation: Country-level Evidence on Role of Firm Size and...
With the increased globalization, the production processes are fragmented and the size of the firm tends to shrink under more competitive environment ...Financial access of unbanked villages in India from 1951 to 2019: A...
With the increased globalization, the production processes are fragmented and the size of the firm tends to shrink under more competitive environment ...The Glasses are Tinted: Self-Confidence and Poverty Trap
In an overlapping generations model, this paper looks at the effects of behavioral anomalies on human capital investments and skill distributions. In ...Services Sector in India: Does It Contribute to Population Movement and...
Based on the cross-sectional data this study examines the role of the services sector in the context of migration from the rural ...Fiscal Space and Expenditure Priorities post -14th Finance Commission: A...
Inter-governmental fiscal transfers comprising specific purpose (tied/conditional) and general purpose (untied/unconditional) transfers, underwent a significant change following the 14th Finance Commission (FFC) ...Determinants of Economic Growth across States in India
Economic performance has been widely different across states in India. This paper attempts to examine some possible determinants of growth across 17 ...The Unification Movement in Karnataka: Twin Logics of Cultural and...
The significant work on regional identities that emerged around the new standard vernacular forms in the 19th century has shown how these ...Rethinking Linguistic Unification, Spanning Political Heterogeneity:...
In the years after the Partition of Bengal in 1905, the consolidation of linguistic identities emerged as an important assertion of core ...Constructing an Input-Output Table for Odisha for 2013-14
This study focuses on construction of regional input-output table for the Indian state of Odisha. From 2011-12 onwards, Government of India is ...Importance of Scholarship Scheme in Higher Education for Students from the...
Given the challenges faced due to declining public budgets on education on one hand and the need for more resources on the ...The Role of Income Distribution in Financing Human Capital Investment
We study relations between parents’ income and children’s college graduation, using data for 20.5 million children, born during 1978-83 in the U.S. ...Demystifying causal inference: ingredients of a recipe
In the last few decades, scholars have contributed to a flourishing literature on casual inference and the demand for its application in ...‘OUR PLACE IN THE FUTURE’: AN EXPLORATION OF CHALAKI AMONG YOUNG...
In the mid 1990’s, Adivasi and Dalit villagers in Kashipur, Southern Odisha, strongly resisted a proposed bauxite mining project through collective struggle. ...Does it matter who extorts? Extortion by competent and incompetent...
Law enforcement officers can engage in two forms of corruption. Bribery, which arises when officers accept bribes from criminals, and extortion when ...COVID-19 AND INDIAN ECONOMY: Impact on Growth, Manufacturing, Trade and...
We make a preliminary assessment of Covid-19 on Indian economy by analyzing its impact on growth, manufacturing, trade and MSME sector. The ...Assessing Marine Plastic Pollution in India
Rampant use of plastics and inefficient waste management practices have led to the plastic waste being either piled up on dumpsites or ...Estimating Social Time Preference Rate for India:Lower Discount Rates for...
This paper provides estimates of social time preference rate for the appraisal of investment projects in India, It uses generalized Ramsay rule ...Is the Electronic Market the Way Forward to Overcome Market Failures in...
Endemic market failures with infrastructural bottlenecks compounded by excessive regulation and vested interests stifle agricultural markets and farm incomes in developing countries. ...Kuznets’ tension in India: Two episodes
Developing countries face a trade-off between the twin objectives of structural transformation and inclusive growth. This is the ‘developer’s dilemma’. This study ...G20’s Effectiveness in Turbulent and Normal Times
This paper examines the G20’s effectiveness in turbulent as opposed to normal times. The forum’s 2008-09 performance remains unparalleled as consensus, cooperation ...
