India is ranked fairly high amongst the countries in terms of out of pocket expenditure by its citizens on health and education. India is ranked 134th on the Human Development Index (2011 ranking). Public expenditure on human development is given increasing emphasis but the desired results...

This paper uses an innovative approach to evaluate educational performance of Spanish students in PISA 2009. Our purpose is to decompose their overall inefficiency between different components with a special focus on studying the differences between public and state subsidized private schools....

In India the 73rd and 74th constitutional amendments have given powers and responsibility of achieving the goal of Universal Elementary Education (UEE) to the local body governments. The present study has examined the situation of elementary schools run by Bharuch municipality. The evidence show...

We develop a model of competition in the solar panel industry. Solar firms manufacture panels that are differentiated both vertically and horizontally, and compete by setting quantities. The equilibrium of the model is consistent with a set of stylized facts that we document, including variation...

This paper constitutes a new endeavor of investigating competitive conditions in European banking. Since the vast literature of competition modeling has produced mixed results, the proposed methodology goes one step further in order to investigate the intensity of key effects on bank competition...

This paper uses firm level data for the period 1989-2001 to analyse the working of competition in India’s manufacturing sector. It examines the impact of greater competition on profit mark-up over the last decade. The econometric analysis of the factors determining markup indicates that,...

Business Process Reengineering is a common topic in the field of Manufacturing and Production Engineering. There are few efforts in the area of Service industry using this framework. The present study is an effort to use the framework for improving efficiency in an Institute of Excellence in...

We compare and analyse two different conceptions of market competition: the walrasian notion of perfect competition and the Classical notion of free competition: while the former may be described as an equilibrium state in which atomistic agents treat prices parametrically, the latter is a...