It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may not be the case in an industry with asymmetric cost firms. A rise in the number of more cost-inefficient firms makes the consumers worse off in the presence of a...

This study examines carefully the distribution aspects in details, particularly the pattern of distribution of global CO<SUB align="right">2</SUB> emission. This paper investigates the share of CO<SUB align="right">2</SUB> emission for bottom 10 and top 10 percentiles, quartiles and their movements during 1960-1990.

This paper attempts to assess the impact of treatment effect or programme applying difference in difference (DD) approach. This study also identifies that the DD estimators are biased under certain conditions.

The paper focuses on China’s economic integration with Asia region and the world. It also attempts to find the long run relation with short run dynamics of China’s trade in Asia and the world. The augmented Dicky-Fuller (ADF) and Phillips-Perron (PP) methods are applied to test the...

This paper suggests a theoretical model of inclusive green growth. Paper analyses development mechanism through which natural resource capital regenerates (or at least non-degrade) and contributes to economic growth. Climate change is a threat to save natural resources which is a crucial...

It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may not be the case in an industry with asymmetric cost firms. A rise in the number of more cost inefficient firms makes the consumers worse-off in the presence of a welfare...

This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...

Land governance can be briefly described as how property rights to land, for groups or individuals, are defined, enforced, can be exchanged, and transformed. Land governance is argued to be a key to sustainable development and poverty reduction. In India, as well as in Bihar, land has enormous...

Climate change is an emerging challenge to developing economy like India however it also creates opportunity to grow through climate friendly goods production and new direction of trade. This paper focuses India’s potential export trade in climate friendly goods. The estimated gravity model is...

Social capital is a broad term containing the social networks and norms that generate shared understandings, trust and reciprocity, which underpin cooperation and collective action for mutual benefits, and creates the base for economic prosperity. This study deals with the formation of social...