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Testing for convergence from the micro-level
Fazio, Giorgio; Piacentino, Davide - Department of Economics, Adam Smith Business School - 2011
In the growth literature, researchers are typically concerned with macro convergence. However, to the extent that macro … dynamics result from the underlying microeconomic relations, convergence should also be investigated at the micro-level. In … this paper, we suggest an approach that allows exploiting large micro panels to test for convergence. Compared to the …
Persistent link: https://www.econbiz.de/10009398858
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Exchange Rate Regimes and Macroeconomic Performance in South Asia
Goyal, Ashima - East Asian Bureau of Economic Research (EABER) - 2010
Stylized facts for South Asia show the dominance of supply shocks, amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate volatility rose initially on liberalization, but fell as markets deepened. A gradual middling through approach to openness and...
Persistent link: https://www.econbiz.de/10009365476
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Exchange rate regimes and macroeconomic performance in South Asia
Goyal, Ashima - Indira Gandhi Institute of Development Research (IGIDR) - 2010
Stylized facts for South Asia show the dominance of supply shocks, amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate volatility rose initially on liberalization, but fell as markets deepened. A gradual middling through approach to openness and...
Persistent link: https://www.econbiz.de/10008500235
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A spatial multilevel analysis of Italian SMEs Productivity
Fazio, Giorgio; Piacentino, Davide - Department of Economics, Adam Smith Business School - 2009
In this paper, we adapt multilevel analysis methods to investigate the spatial variability of SMEs productivity across the Italian territory, and account for differences in the socio-economic context. Our results suggest that to properly capture the variability of the data, it is important to...
Persistent link: https://www.econbiz.de/10004963499
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Budget 2014: Marginal realignment of tactics to strategy
Goyal, Ashima - Indira Gandhi Institute of Development Research (IGIDR) - 2014
The paper examines the restructuring of expenditure in the first budget of the new government, and its feasibility. It compares the increase in budget allocations for key macroeconomic aggregates and sectoral plan outlays for the BJP and UPAII interim budget, and the change from the interim...
Persistent link: https://www.econbiz.de/10010903911
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How Low-Carbon Green Growth Can Reduce Inequalities
Anbumozhi, Venkatachalam; Bauer, Armin - East Asian Bureau of Economic Research (EABER) - 2013
Half of the world’s population—3 billion people—lives below the poverty line, and Asia has the largest share. In pursuit of sustainable economic development and poverty alleviation, there is great potential among low-income households for green consumption, production,...
Persistent link: https://www.econbiz.de/10011278123
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How Low-Carbon Green Growth Can Reduce Inequalities
Anbumozhi, Venkatachalam; Bauer, Armin - East Asian Bureau of Economic Research (EABER) - 2013
Half of the world’s population—3 billion people—lives below the poverty line, and Asia has the largest share. In pursuit of sustainable economic development and poverty alleviation, there is great potential among low-income households for green consumption, production,...
Persistent link: https://www.econbiz.de/10011278237
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Assessing the Fiscal Capacity of Indian Governments
Goyal, Ashima - East Asian Bureau of Economic Research (EABER) - 2009
In this paper we assess the record of different post reform governments in meeting their targets and improving both delivery and finances. A variety of indices are constructed, and consistency checks devised to measure relative performance. No government has achieved its targets, but the...
Persistent link: https://www.econbiz.de/10009365524
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Assessing the fiscal capacity of Indian governments
Goyal, Ashima - Indira Gandhi Institute of Development Research (IGIDR)
In this paper we assess the record of different post reform governments in meeting their targets and improving both delivery and finances. A variety of indices are constructed, and consistency checks devised to measure relative performance. No government has achieved its targets, but the...
Persistent link: https://www.econbiz.de/10008590957
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India's fiscal and monetary framework: growth in an opening economy
Goyal, Ashima - Indira Gandhi Institute of Development Research (IGIDR) - 2010
Since a crisis is a shock impinging on a system, the response can be used to deduce aspects of the system's structure. Analysis of the crisis and recovery suggests aggregate supply in India is elastic but subject to upward shocks. This has implications for the exit and for fiscal consolidation....
Persistent link: https://www.econbiz.de/10008831577