Presence of externalities can be significant in the developing economies, which have been able to augment aggregate economic growth in response to policy reforms. The empirical results of this paper based on firm level panel data for 12 Indian industries indicate presence of external economies...

The paper provides a taxonomy of corrupt activities in terms of the source of illegal rent involved. It identifies two types of deterrent policies: discouraging and monitoring. Using these as tools, it analyses the probable effects of India's ongoing reforms and of her resourceful information...

Several developing economies, such as India, that had implemented policy reforms towards market mechanism have been experiencing high economic growth. This paper brings out the factors that determine micro level firm level productivity in the context of a developing economy that had undertaken...