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 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...

Empirical studies on total factor productivity growth (TFPG) in developing countries highlight trade openness, research and development and market structure as being the most important determinants of TFPG. The role of institutions remains overlooked in the literature on the determinants of...

This article tests whether manufacturing has acted as an ‘engine of growth’ for the Indian states in the post-1990s.Our methodology involves regressing the state domestic product (SDP) growth rates on growth rates of manufacturing. If the coefficient of manufacturing growth is...

Increased integration between the developed and developing countries has seen substantial decrease in trade-related barriers. In addition, there is a debate that developing countries tend to lower the environmental standards to attract more foreign direct investment (FDI). In this context, the...

Recent policy discussions recognize the limitations of formal regulations to stem pollution in developing countries. As a result, there is growing interest in the potential of informal regulations to achieve environmental goals. In India, many polluting industries fall under the rubric of the...

The 2003 Indian Electricity Act incentivizes captive power production through open access in an attempt to harness all sources of generation. Yet, we observe that only some firms self-generate while others do not. In this paper we give a transaction cost explanation for such divergent behavior....

This paper examines the role of state level institutional differences in attracting FDI (foreign direct investment) in wind energy in India. The role of institutional differences is measured by means of constructing a policy index using five key policies in wind energy: feed-in-tariff, open...

Sectoral studies are an integral part of strategic planning exercises. Such studies are also considered crucial in planning and understanding entrepreneurial responses. This paper meticulously scans the CNC lathe producing segment of the Indian machine tool industry to account for its lack...