This paper articulates the necessity of emphasizing the absolute level of environmental degradation in different countries as a guide to understanding the links between such degradation and economic development. We argue the case for developing a composite environmental degradation index (EDI)...

A central issue in the context of the environment is that of its sustainability. This presumes the development of an index that encapsulates both the current state of the environment as well as its potential to provide support for future human activity. Once the broad contours are accepted the...

In this paper we propose a new method of splitting up the Bid-Ask Spread of the wholesalers in grain markets into its three constituent components: the order processing costs, the adverse information cost and the inventory holding cost. It is argued that the extant methods of splitting up this...

The policy of allocation of food grains under rationing has been very ad hoc in India with allocation being fixed on a 'historical basis'. This paper uses four sets of pooled equations for predicting stable levels of per capita consumption of rice and wheat in physical terms in rural and urban...

This paper tests for market integration in 55 wholesale rice markets in India using monthly data over the period January 1970 - December 1999. The technique of Gonzalez-Rivera and Helfand (2001) is used to identify common factors across various markets. It is discovered that market integration...

This paper argues that the notion of sustainability as used in the extant literature is incomplete because of two reasons: (i) a neglect of the spatial dimensions of sustainability and (ii) the absence of a link between sustainability on the one hand and change in behavior on the other. This...