This study is primarily focused on the productivity impacts of the provision of infrastructure on the registered manufacturing sector in India. This is analyzed by estimating the cost elasticity of infrastructure inputs. For this purpose we postulate a variable cost function model for the...

This paper investigates whether better access to markets through an improved road network plays a role in improving the profitability of firms in India. We construct a district-level market access index using Indian road network shapefiles, district boundaries, and nightlight raster images and...

Motivated by the robust empirical evidence on the positive growth and poverty eradication outcomes of public investment in rural infrastructure, this paper investigates variations in utilization by subnational state governments in India of a recent non-concessional lending facility for financing...

The study examines knowledge spillovers from multinational firms in the Indian pharmaceutical industry. Specifically, we examine whether FDI catalyses diffusion of knowledge transfer from multinational firms’ R&D activities during 2000-01 to 2019-20 and four sub-periods of five years each. The...

Armenia-Iran North South Transport corridor is vital for Iran and Armenia and also for all parties involved. Recently, India increased its interest in Armenia and would like to see the INSTC passing through the Armenian territories, keeping in mind that Armenia is also the only country in the...

This paper uses the construction of India's Golden Quadrangle central highway network, together with comprehensive loan data from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector depth. The paper identifies a disproportionate...