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We develop a dynamic stochastic optimization model with oil price shocks to show that countries with certain combinations of oil endowment and productivity have strong precautionary incentives to accumulate foreign reserves in response to oil price shocks. Using the Simulated Method of Moments...
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factors governing entry rates, especially in the context of developing countries. Using 3-digit industry level data from India … institutional and legacy factors. We also find evidence to suggest that, in India, entry rates were positively associated with …
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large dams in India. To account for endogenous placement of dams we use GIS data and the fact that river gradient affects a … estimates suggest that large dam construction in India is a marginally cost-effective investment with significant distributional …
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India's emergence in the world economy over the last decade, has often, in popular discourse, been attributed, at least … present an overview of India's technological trajectory with a view to understanding the nuances of India's technological … capability and the role it has played in the process of India's economic progress. Our conclusion is that while India has …
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