In the new policy regime, the regionalization of economic activities has taken place at a pace ever than before. The new regime is characterized by an interesting dichotomy, i.e., free global mobility of capital coupled with restricted mobility of labour. This dichotomous behaviour, with...

Because of policy relevance of regional input-output analysis, a vast literature on the construction of regional input-output tables has emerged in the recent past, especially on the non-survey and hybrid methods. Although, construction of regional input-output tables is not new in India, but...

The excess growth of tertiary sector coupled with state-of-the-art technology has got its own implication for the future development patterns of the system. In India, the share of tertiary sector in the gross domestic product has crossed the fifty-five percent mark. Rajasthan, a state of India...

Punjab model of irrigation is characterized by excess demand for water for irrigation, coupled with unconstrained mining of groundwater, for meeting the food bowl requirements of the country. It is a model guided by populist political decisions than a sound economics. In the process, the model...

Punjab economy has experienced a down turn in its economic development in the post-reform period compared with acceleration of economic growth of the Indian economy as well as other dynamic states. Therefore, a legitimate question arises why Punjab economy could not develop at a rate that has...

Emerging growth dynamism of Indian economy in rapidly globalising world is highly recognised and commented by a large body of researchers during the recent period. In fact, the Indian planning has made long concerted effort to develop strategic and competitive capabilities in the agents of...

The recent developments in the theory of industrial organisation have underlined the importance of small scale industry. Small industry can be equally competitive in the fast changing global economy provided it exploits economies of scale and scope while locating itself in clusters along with...

Indian economy has reached in the orbit of high rate of economic growth. She is being widely acclaimed and recognized as an emerging global economic power. The rate of growth recorded during the period 1950-51 to 2004-05 clearly showed a tendency of steady upward trend. However, the decade of...

Innovations spur growth and economic transformation is widely acclaimed in economic growth literature. The transition in the national innovation system is the fundamental determinant of long-run economic growth and development. This is being reflected through the changes which are occurring in...

Slow transformation of a developing economy gradually shifts surpluses and substantially reduces the importance of the agricultural sector of the economy. This has been recognized as a healthy characteristic of the capitalist economic development. Crisis of this transformation emerges when the...