The present study examines the changes in the Total Factor Productivity (TFP) of Indian commercial banks for the period 1985-2004, when TFP indices are estimated using Malmquist productivity index approach. Further, the TFP indices are decomposed into efficiency change and technical change to...

It is well known that around 80 per cent of farmers in India are in the small or marginal farmers group which requires financial resources on a regular basis for their farming activities. Needless to say, as these households do not possess adequate savings, accessibility to financial resources...

This paper examines the nature and extent of household indebtedness in West Bengal, focusing on households’ access to credit and factors influencing interest rate determination in informal credit markets. As far as accessibility is concerned, it finds that the urban poor face greater...

This paper examines nature and extent of farmers’ indebtedness in India using unit record data from NSSO 59th round, and provided a comparative picture of major Indian states. It shows using data from rice cultivating farmers that productivity of small farmers is not only higher than the...

IT industry has shown phenomenal growth in the city of Bangalore which has changed the very nature of the city. Large migration to the city also has created several environmental problems. Because of growth of this industry in selected pockets income inequality in the state is also on the rise...

Developing counties all around the globe have been trying to adopt market-driven institutional systems. As the pace of economic reforms gains momentum, it becomes increasingly evident that these reforms have resulted in new challenges and issues. For example, the economic growth which picked up...

In the wake of the public sector reform programme, performance of public sector units in terms of profitability has become a highly debated issue in India, where major arguments given for inefficiency of public enterprises are over employment and lack of managerial autonomy. However, there is...

This paper is an attempt to link the problem of non-repayment in the formal credit market with the accessibility to credit from informal sources. In many developing countries a well established network of informal lenders continues to prevail in spite of various formal lending programmes...

This paper studies the efficiency properties with respect to transactions cost, of a trading post set-up vis-à-vis a marketless trading arrangement under the well-known frame-work of Ostroy and Starr [1974]. It is revealed from this exercise that the social institute of money works better when...

Even when a developing country moves towards a market economy characterised by competitive prices, there are several goods like water, essential food items, infrastructure related goods and so on whose prices cannot be left to the market. When a planner fixes prices of such goods the resulting...