Applying a Stochastic Production Frontier to sector-level data within manufacturing sector in India, this paper examines Total Factor Productivity (TFP) growth during 1979-80 to 1997-98. The analysis focuses on the trend of technical progress (TP) and Technical Efficiency Change (TEC). The...

In this study using standard measures of inequality such as Gini coefficient, Kakwani Index, coefficient of variation and Theil Index we examine inequality in carbon emissions for the years 2000-09 at the sub-national level covering 17 major states of India. At the outset, in order to estimate...

This paper examines causalities among foreign direct investment (FDI), economic growth (GTH), and financial development proxied by both equity market size (EQM) and bank credit to private sectors (BANK). We use a structural cointegration model with a vector error correction (VEC) mechanism to...

The findings of low or even negative total factor productivity (TFP) growth in Singapore’s manufacturing industries by Young (1995) and many others has been a controversial issue in view of its crucial role in the future sustainability of Singaporean manufacturing. This paper applies the...

Falling government and donor funding, which has traditionally supported microfinance, is followed by an expansion of financially self-sustainable Microfinance Institutions (MFIs). This development has raised the concern as to whether the social goals of traditional microfinance would be equally...

The objective of this paper is to understand and measure the contribution of various sectors towards the divergence of regional output in India in the era of liberalization. We have first described a framework that enables us to decompose the rate of divergence into the contribution made by...

This paper revisits the highly debated export-led growth hypothesis in a number of different ways using Singapore as a case study. First, the hypothesis is tested in terms of labor and total factor productivity growth and this provides a means of transmission via which exports can affect or be...

The paper frames the trade relationship between China and Malaysia within the context of ASEAN and the impending RCEP. Specifically trade potentials are derived for the bilateral partnership within the two structures to identify whether China external options under the RCEP affect her...

In this paper we attempt to analyze the impact of an integrated microcredit program on the empowerment of women in rural Vietnam. We conduct a longitudinal study in 2008 and 2012 on a sample of 50 microcredit recipients. The finding indicates the importance of the empowerment components in the...

Empirical evidence supporting the export-led growth (ELG) hypothesis has been mixed and inconclusive. Many previous studies may have been misspecified since they tested the ELG hypothesis using bivariate models. Other studies used cointegration and error correction models in a multivariate...