Much of the debate between the European and U.S. positions about labeling of genetically modified foods has been whether consumers perceive labels as a source of information or a signal to change behavior. In this paper, we provide an experimental framework for examining these roles of...

Over the past three decades, the world has witnessed economic growth accompanied by widening of income inequalities. In the face of rising income inequalities, it becomes imperative to ask what happens to the quality of various products provided in the market when economies experience economic...

Recent studies have analyzed the adoption of Bt cotton in the light of government seed price interventions. According to one view, reduction in seed prices enabled the farmers to buy seeds at lower prices and this resulted in the sudden surge in area under Bt cotton. The other view holds that...

The price for official Bt cotton seed in India in 2005 was Rs 1600. Concerns were raised that these prices are excessive because of the monopolistic market structure prevailing in the seed market and may in turn restrict the access to technology for resource poor farmers. The Indian government...

"Labeling of genetically modified (GM) foods is a contentious issue and internationally, there is sharp division whether such labeling ought to be mandatory. This debate has reached India where the government has proposed mandatory labeling. In this context, this paper evaluates the optimal...

The economic structure and rates of growth across the states in India are markedly different, with significant disparities in income per capita growth as well as sector-specific performance. The high-income states have typically led the Indian growth story with their high growth rates, while...

The aim of this paper is to show the interaction effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism and firm performance is well established in several studies, the interaction between internal and...