As our trading world becomes more globalized, who benefits and who gets hurt? This paper relies on the Ricardian model to explore the effects of technological improvements in underdeveloped countries on the welfare of developed countries. For example, trading between the United States and China,...

After the introduction of Liberalization, Privatization and Globalization by the name of economic reforms Indian economy has been integrated with the global economy. This integration enabled India to move on high growth path but that integration exposed Indian economy to adverse impacts from the...

By and large, India’s performance on the high technology manufacturing trade front is not too impressive. India is a small player in most of the product categories barring pharmacy sector. In the last ten years period of observation, India has not able increase her presence significantly in...

Previous studies that investigated the impact of real depreciation of the rupee on Indian trade balance used aggregate trade data and provided mixed results. One recent study disaggregated the trade data between India and the rest of the world and used bilateral trade data between India and her...

This paper reviews a procedure that is being followed in the United States of America (USA) to experimentally test and evaluate recommendations made for redefining poverty measurement in that country. The recommendations were made in 1995 by the US National Academy of Sciences (NAS) Panel on...

Indian and Chinese enterprises have emerged as important outward investors in recent times with their involvement in a number of prominent Greenfield investments and acquisitions. The theory of international business posits that the ownership of some unique advantages having a revenue generating...

Over the last three decades, outsourcing has had a big influence on the international division of labour. It is clear that it has been a major reason for the enormous build-up of production capabilities in the developing world, in particular in the export platforms of Asia. However, the...

This paper studies the intergenerational persistence of industry in India. Using data from a nationally representative sample, we find that 62% young Indian men are employed in the same industry where their fathers are also employed. A set of simulations that assign young men randomly across...

Jharkhand state is carved out from Bihar state in 2000. The state is rich in mineral resources and poor in agricultural production. More than 75% of work force is engaged in agriculture, but generates only 20% of state’s GDP. About 45% area is under non-agricultural use and 32% is culturable...

This paper investigates the high correlation in infant mortality across siblings using microdata for each of the fifteen major states of India. The main finding is that, in thirteen of the fifteen states, there is evidence of a causal effect of a child death on the risk of death of the...