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several market distortions and mounting fiscal costs. Wheat and rice supply strongly and significantly respond to the minimum … Food Corporation of India's (FCI's) procurement volume is driven by the production level and the difference between the MSP … wheat, the influence of subsidised wheat is much less pronounced, probably due to weaker functioning of the PDS for this …
Persistent link: https://www.econbiz.de/10010472570
We present a Bayesian structural Vector Autoregressive model of the global wheat market to examine the relative … importance of supply and demand shocks, which are interpreted as the fundamental driving forces of wheat price. To our knowledge … opposite in signs (0.19 for supply and -0.20 for demand); (ii) the price and the inventories respond to global wheat market …
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We study whether the effects on registered manufacturing output of dismantling the license raj - a system of central controls regulating entry and production activity in this sector - vary across Indian states with different labor market regulations and different nancial development. To guide...
Persistent link: https://www.econbiz.de/10005857782
The retail business, in India, is estimated to grow at 13 per cent per annum from US$ 322 billion in 2006-07 to US$ 590 …
Persistent link: https://www.econbiz.de/10003758477
This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10003758478
The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key … to deal with the challenge of the unprecedented surge in external capital inflows into India. The final section outlines … India in macroeconomic policy and coping with a weak international economic environment. -- Economic growth ; inflation …
Persistent link: https://www.econbiz.de/10003768016