This study measures productivity growth using the Metafrontier Malmquist-Luenberger productivity growth index (MML index) method and decomposes the index. The results are compared with those obtained from the conventional Malmquist-Luenberger (ML) productivity growth index. MML has two...

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian economy, the estimated contributions of productivity gains to real GDP growth is...

This paper extends Grossman and Helpman’s seminal work (1991), and presents an endogenous growth model where innovations created in a high-tech sector may be assimilated or adapted by a low-tech sector. Applying a simple Heckscher-Ohlin framework, the effects of technological diffusion are...

We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The major component of trade barriers is explicitly modeled through the introduction of...

Speech of Sh. Pawan Kumar Bansal. URL:[http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance_budget/Budget_2013-14/English_Speech_2013-14.pdf].

A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].

Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem are addressed. Five key areas that an entrepreneur would need to address on a priority basis are...

The Minister of Railways, D V Sadananda Gowda, presented the Railways Budget 2014 to Parliament on July 8, 2014. In his address, he assessed the performance of Railways in 2013-14 and laid out his budget proposals for 2014-15. The Ministry targets to become the largest freight carrier in the world.

The paper reviews the existing evidence on migration-poverty interface in the light of the macro and micro level studies in India. It also discusses the extent, patterns, and correlates of short term migration with the help a large set of data collected from rural households in major states in...