This paper discusses a possible case for industrial policy with special reference to the two emerging global giants, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean different things to different people, but the traditional...

This article analyzes differences in patterns of financial development across the major East Asian economies, particularly for the three largest economies of the region (China, Japan and South Korea), in the context of the possibilities for greater regional financial integration. It argues that...

The book deals with the systems, insitutions, and outcomes from the interplay of political and economic forces in Indian federalism. It attempts to broaden the conceptual framework for analysing Indian Federalism by exploring political elements and institutions and their strategic interaction...

This study compares the sources of growth in East Asia with the rest of the world, using a methodology that allows one to decompose total factor productivity (TFP) growth into technical efficiency changes (catching up) and technological progress. It applies a varying coefficients frontier...

Since a subset of households have zero gas consumption, the purpose of the study is to quantify potential energy conservation from increasing gas availability. The authors investigate individual consumption data of natural gas and electricity under two nonnested specifications: a sample...