Freshwater community-based aquaculture was introduce to village irrigation tanks in the dry zones of Sri Lanka in order to off-set the limited supply of animal protein available to residents in inland areas. This paper examines transaction costs associated with the management of community-based...

The study is based on an extensive survey carried out in the Indian cities of Chennai, Trichy, Thiruvananthapuram, Tuticorin, Mumbai and Rameshwaram. Informal trade between India and Sri Lanka is largely a one way trade from India to Sri Lanka and is almost a third of the total value of trade...

This paper provides an empirical basis for the perceived link between rural infrastructure and agricultural productivity. It validates the hypothesis that deficiencies in rural infrastructure e.g., transportation, energy, and related infrastructure have an adverse impact on agricultural...

This paper examines the possibility of using economic instruments, especially pollution taxes and bargaining approaches, as a means to encourage or improve people’s participation in environmental management in India. It provides an intuitive description of methods for designing economic...

It is attempted to understand the implications of equality in water distribution on social welfare with a simple abstract analysis using Leontief-type fixed production function.

This paper proposes “lack of political will†as the most important reason why a ruling political party is unable to commit itself to economically efficient choices or policies. The notion of political will is explicated using concepts from the transactioncosts perspective. The paper...

A review and extended discussion is presented of The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice and Lives by Deirdre McCloskey and Stephen Ziliak, a work that raises important issues related to the practice of statistics and that has been widely commented...

Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. This paper proposes a Ricardian model where both of these effects are present and analyzes the...