The standard system is in balanced standard proportions, which permit growth without bottlenecks. This study estimates the standard system in the Indian Economy from the input-output tables prepared by the CSO, and use the standard proportions to identify sectors that are a bottleneck to 10%...

Globalisation is likely adversely impact the traditional classes. It also threatens to destroy national market, from which stems the bargaining power of the traditional classes.In spite of this, the paper suggests that the response to globalisation in India has necessarily to be discordant. It...

Sustainable development depends upon participation by the people, and their awareness of the environmental effects of their actions. This paper analyses the awareness of the deforesting effect (DFE) of firewood use in the users. It shows that those who bear the costs of deforestation, either by...

It is well known in Environmental Economics that payment offered on the Willingness to Pay (WTP) principle is much smaller than the compensation demanded on the Willingness to Accept (WTA) principle. Payment under WTP goes into the environment and is communally enjoyed, whereas compensation...

This study finds that the consumption of minerals and oil reserves of India has grown several times faster than the GNP. This has reduced the estimated reserves of several Non-renewable Resources (NRRs), whose estimated life spans in India vary from 9 to 47 years. It uses the Liontief Input...

The share of wages in organised Indian industry declined considerably between 1973 and 1997. The end to end drop was 19 per cent, and the wage share fell from 51.7 per cent to 32.8 per cent. In proportionate terms, the decline in wage share was between 30-40 per cent. The period of analysis...

There is very little evidence on the effects of the minimum wage on prices in the international literature and none whatsoever for developing countries. This paper analyzes the effects of the minimum wage on prices using monthly Brazilian household and price data from 1982 to 2000 aggregated at...

A key area of focus in the economic reform process and the design of a favorable business environment is labor market legislation. Montenegro has obviously failed in this area. After nearly 13 years since the beginning of the transition process, or five years since the beginning of Economic...

In many countries the shadow employment has a very high priority among policymakers. A new time series for this component of the labour market has been recently released by the Italian institute of statistics. Taken together they give the motivation and the occasion for a fresh analysis of the...

Using an econometric procedure that corrects for both self-selection of individuals into their preferred compensation scheme and wage endogeneity, this study investigates whether significant differences exist in the job satisfaction of individuals receiving performance- related pay (PRP)...