Inadequate supply of water for irrigation has been the severe problem for the most of the farmers in the state of Andhra Pradesh in India. There are only very few districts where level of irrigation is reasonably sufficient. In most parts of the state, supply of water for crop cultivation has...

The poor performance of Public Sector Enterprises (PSEs) in the 1980s made reform increasingly urgent in the context of the broader strategy of liberalization of the economy to deal with the perceived weaknesses of India’s development strategy in general and PSEs in particular. In this...

This study empirically determines the causal relation between the stock price and exchange rate in India. We used daily data since the use of monthly data may not be adequate to capture the effects of short term capital movements. Having established the stationarity condition of each series...

The study applies the dynamic conditional correlation (DCC) bivariate generalized autoregressive conditional heteroskedasticity (GARCH) model of Engle (2002) in order to capture the contagion effects during global financial crisis. We used daily stock returns for the period January...

The study shows that female work participation rate has declined and season-wise irrigation facility is the main factor that determines the employment and wages of the agricultural women labor. In Andhra Pradesh, male participation is more in categories of cultivators and other workers but their...

In explaining economic phenomena, economic analysis concentrates on selected influences and fixes the host of other factors under a ceteris paribus clause. This view, which goes back to Alfred Marshall (1842-1924), is developed in the first part of the book. Aggregation is viewed as a particular...

Life annuities provide a guaranteed income for the remainder of the recipient’s lifetime, and therefore, annuitization presents an important option when choosing an adequate investment strategy for the retirement ages. While there are numerous research articles studying annuities from a...

Even 50 years after Modigliani/Miller’s irrelevance theorem, the basic question of how firms choose their capital structure remains unclear. This survey paper aims at summarizing and discussing corresponding recent developments in empirical capital structure research, which, in our view, are...

There has been a wide-spread misconception based on the imprecise wording of Art. 52 of the European Patent Convention (EPC) that the protection of business methods by patents is prohibited in Europe. This paper investigates the legal framework set by patent laws with respect to the...

Ein Großteil der Neugründungen in Deutschland ist auf staatliche Förderung von Existenzgründern zurückzuführen. Dieser Anteil hat sich nach Einführung des als „Ich-AG“ bekannten Existenzgründungszuschusses Anfang 2003 stark erhöht. Die Erfolgsfaktorenforschung hat diese Form von...