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Fisman, Raymond J. - 2012

We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...

Persistent link: https://www.econbiz.de/10013106303

Testing Limits to Policy Reversal : Evidence from Indian Privatizations

Dastidar, Siddhartha - 2010

We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP … slated for definite privatization by the BJP dropped by 3.5 percent relative to private firms. Surprisingly, government …-controlled companies that were only under study for possible privatization fell by 7.5 percent relative to private firms. We interpret this …

Persistent link: https://www.econbiz.de/10012759805

Trade and Inequality in India

Krishna, Pravin - 2011

To study the effects of the dramatic economic reforms undertaken in India in the early 1990s on inequality, this paper examines Theil inequality as well as other inequality measures constructed using Indian household expenditure survey data from 1988-2005. Overall inequality shows some variation...

Persistent link: https://www.econbiz.de/10013122018

Social Investments, Informal Risk Sharing, and Inequality

Ambrus, Attila - 2014

This paper studies costly network formation in the context of risk sharing. Neighboring agents negotiate agreements as in Stole and Zwiebel (1996), which results in the social surplus being allocated according to the Myerson value. We uncover two types of inefficiency: overinvestment in social...

Persistent link: https://www.econbiz.de/10013044341

Inequality in India Declined During COVID

Gupta, Arpit; Malani, Anup; Woda, Bartosz - 2022

We use a large, representative panel data set from India with monthly data on household finances to examine the incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but short lockdown. However, there was a striking decrease in...

Persistent link: https://www.econbiz.de/10013309696

The Service Sector as India's Road to Economic Growth

Eichengreen, Barry - 2011

While India is distinctive among developing countries for its fast-growing service sector, sceptics have raised doubts about the quality and sustainability of this service-sector growth and its implications for economic development. We show, consistent with the views of the sceptics, that while...

Persistent link: https://www.econbiz.de/10013130492

The Contribution of China, India and Brazil to Narrowing North-South Differences in Gdp/Capita, World Trade Shares, and Market Capitalization

Wang, Jing - 2012

This paper focuses on the contribution to recent narrowing of the gap between Northern and Southern economies in GDP/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three currently largest rapidly growing Southern...

Persistent link: https://www.econbiz.de/10013113158

The Cost of Fuel Economy in the Indian Passenger Vehicle Market

Chugh, Randy - 2011

To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of purchasing a more fuel-efficient vehicle and compare it to the benefit of lower fuel costs over the life of the vehicle. We use hedonic price functions for four market segments (petrol...

Persistent link: https://www.econbiz.de/10013125922

Implications of an Economic Theory of Conflict : Hindu-Muslim Violence in India

Mitra, Anirban - 2013

We model inter-group conflict driven by economic changes within groups. We show that if group incomes are low, increasing group incomes raises violence against that group, and lowers violence generated by it. We then apply the model to data on Hindu-Muslim violence in India. Our main result is...

Persistent link: https://www.econbiz.de/10013081246

The 1991 Reforms, Indian Economic Growth, and Social Progress

Agarwal, Manmohan - 2013

This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of 1991 on economic performance. We do not find persuasive the contention of many analysts that growth accelerated after the mid-1980s when reforms were initiated. Nor does...

Persistent link: https://www.econbiz.de/10013082166