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India's economic growth: From socialist rate of growth to Bharatiya rate of growth
Virmani, Arvind - 2004
Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a … attention on the wrong issue. There is nothing in the literature that suggeststhat this period of the "Hindu Rate of Growth" had … allows a statistically more accurate determination of thedifferent phases of Indian economic growth. The paper confirms that …
Persistent link: https://www.econbiz.de/10011807532
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Efficiency invites divide and coercion in the age of increasing returns to scale
Xu, Yongsheng; Yoshihara, Naoki - 2019
In the presence of (at least locally) increasing returns to scale tech- nologies, the paper asks the question: does there exist an economic system which implements Pareto efficient allocations and respects the voluntary participation principle? To answer this question, the paper formulates an...
Persistent link: https://www.econbiz.de/10012388910
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From taxation to fighting for the nation: Historical fiscal capacity and military draft evasion during WWI
Bagnato, Luca - 2024
Do strong states affect the culture and actions of their citizens in a persistent way? And if so, can the capacity to tax, by itself, drive this effect? I study how the historical capacity of a state to collect taxes affects the decision of citizens to evade the mandatory military draft. I look...
Persistent link: https://www.econbiz.de/10014512651
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How to pay for the Green New Deal
Nersisyan, Yeva; Wray, Larry Randall - 2019
This paper follows the methodology developed by J. M. Keynes in his How to Pay for the War pamphlet to estimate the "costs" of the Green New Deal (GND) in terms of resource requirements. Instead of simply adding up estimates of the government spending that would be required, we assess resource...
Persistent link: https://www.econbiz.de/10012142978
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Preparing for genocide: Community work in Rwanda
Bonnier, Evelina; Poulsen, Jonas; Rogall, Thorsten; … - 2015
How do political elites prepare the civilian population for participation in violent conflict? We empirically investigate this question using village-level data from the Rwandan Genocide in 1994. Every Saturday before 1994, Rwandan villagers had to meet to work on community infrastructure, a...
Persistent link: https://www.econbiz.de/10011406158
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Monsoon 2013: Estimating the impact on agriculture
Gulati, Ashok; Saini, Shweta; Jain, Surbhi - 2013
Product (GDP) growth in India. The model hypothesizes that the performance of agriculture in India depends upon (1 …) investments in agriculture (private and public); (2) agricultural price incentives; and (3) rainfall. A log-linear model fitted … significant. The model also forecasts that the agri-GDP growth rate for the agricultural year (July-June) 2013-14 is likely to be …
Persistent link: https://www.econbiz.de/10011807675
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The great plunge in oil prices: Causes, consequences, and policy responses
Baffes, John; Kose, M. Ayhan; Ohnsorge, Franziska; … - 2015
could counteract its impact on global growth and inflation, the drop in oil prices will pose significant challenges for …
Persistent link: https://www.econbiz.de/10011440121
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Producer price inflation connectedness and input-output networks
Bilgin, N. Melisa; Yılmaz, Kamil - 2018
We analyze the transmission of producer price in inflation shocks across the U.S. manufacturing industries from 1947 to 2018 using the Diebold-Yilmaz Connectedness Index framework, which fully utilizes the information in generalized variance decompositions from vector autoregressions. The...
Persistent link: https://www.econbiz.de/10012060215
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Determinants of real exchange rate movements in 15 emerging market economies
Goda, Thomas; Priewe, Jan - 2019
Previous work has established that an appreciation of the real exchange rate (REER) contributes to premature deindustrialization, less productive investment and dependence on commodity booms and busts in emerging markets economies (EME). From the previous literature, it is less clear however...
Persistent link: https://www.econbiz.de/10012109599
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Dos síntomas y una causa: Flujos de capitales, precios de los commodities y determinantes globales
Bastourre, Diego; Carrera, Jorge; Ibarlucia, Javier; … - 2012
This paper presents and evaluates the hypothesis that emerging countries specialized in commodity production are prone to experience non orthogonal commercial and financial shocks. Specifically, we investigate a set of global macroeconomic variables that, in principle, could simultaneously...
Persistent link: https://www.econbiz.de/10010325079