India was a major player in the world export market for textiles in the early 18th century, but by the middle of the 19th century it had lost all of its export market and much of its domestic market. Other local industries also suffered some decline, and India underwent secular...

The paper revisits India Pakistan relationships in its historical context since 1947, and gives a fresh perspective to the political economy of the region by promoting the idea of how embracing free market economic management policies may have benefited both countries to achieve higher economic...

Did colonial policies in India deliver excessive returns to British investors? We answer this question using annual data on Indian securities trading on the London Stock Exchange. We present new series on market capitalization, capital gains, dividend yields, and total returns of railway...

The authors discuss the ambiguities surrounding allusions often made to global energy governance, focusing mainly on the question of energy transit. They discuss how the issue has been sanctioned in various regimes in international law (including the UN Convention on the Law of the Seas, the...

It is widely recognized that railways were one of the most important drivers of economic growth in the 19th and 20th century, but it is less recognized that railways had a different impact across countries. In this paper, we first estimate the growth impact of Indian railways, one of the largest...

This paper presents a modeling comparison project on how the 2°C climate target could affect economic and energy systems development in China and India. The analysis uses a framework that harmonizes baseline developments and soft-links seven national and global models being either economy wide...

This study focuses on the role of different sources of technology in determining the energy intensity of the firms. Using data from the Center for Monitoring Indian Economy (CMIE), we model energy intensity and different sources of technologies usage. The major finding of the study is; firms...

We study the interaction between transit improvements and land use policies in the context of Bengaluru, one of India's largest cities. The city inaugurated a metro system in 2011. Yet it has low building heights even near metro stations, reflecting low floor-area ratio limits. We construct a...

India has a growing economy that can support high-income levels and in turn sustain higher real estate prices. The high prices of Indian real estate seem to be in harmony with its fast growing economy. However, there are concerns about speculative bubble behavior in the Indian real estate...