During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host country firms. But empirical studies on spillover effects of FDI have failed to find robust...

The objective of the paper is to test the empirical regularity that exporters are more productive than non-exporters in India. TFP is calculated from the Cobb-Douglas Production function using a fixed effects model. The productivity differential comparison between exporters and non-exporters...

This paper investigates whether industrial dispersal policy is more potent or the natural and agglomeration cost advantages are important in influencing locational choice of a firm. To carry out the analysis, an agglomeration measure given by Ellison and Glaeser is computed for 66 manufacturing...

Allocations to the budget for health appear to be impressive but a closer look shows that this is not so, especially taking into consideration the high inflation rate in the previous year. A substantive criticism is presented on allocation to HIV/AIDS, polio eradication, and leprosy control...

The production of machine tools has long been associated with industrialisation besides a formidable factor of technical change and international competitiveness. This potent role of machine tool industry was amply recognised by several countries. As a consequence, they framed policies to...

The budget 2006-07 proposals in health care fell well short of India’s march towards achieving Millennium Development Goals(MDGs), the National Health Policy (NHP) goals and fully operationalising the National Rural Health Mission. Two questions still remain: (a) when will the urban bias...