Every machine degrades with time and requires maintenance. Among all types of maintenance policies, predictive maintenance is established as the best form of maintenance policy as numerous benefits are associated with it. Despite all the benefits, it finds restrictive usage in manufacturing...

In developed economies, agglomeration is skill-biased: larger cities are skill-abundant and exhibit higher skilled wage premia. This paper characterizes the spatial distributions of skills in Brazil, China, and India. To facilitate comparisons with developed-economy findings, we construct...

Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in marginal products of labor and capital across...

The Indian software industry has been widely studied. Previous studies have recognized the role of skilled labor in the growth of the industry, but have not empirically investigated the role of skilled labor. In this study we focus on the role of human capital in the regional location of the...

This paper explores the opportunities for further economic cooperation between India, Brazil and South Africa in the context of the IBSA Trilateral Cooperation Forum. The IBSA integrative efforts are opening new avenues for South-South Cooperation in several areas, including on commodities,...

The authors discuss whether a small country with shrinking population should apply public enterprises to improve its economic situation for purposes of external economic relations policy. The study refers to Estonia as an example. Estonia has developed public enterprises of the central state and...

India’s current share of the world merchandise trade is 1.1 % and Services trade is 2.7 %. In merchandise trade, India’s target is to reach 5 % of the world trade by 2020. Along with improving export competitiveness, it is also important to improve information base regarding trade policy...