Recent wave of mass popular dissent reminds us that it is necessary to understand social dynamics also from the perspective of social exclusion. Landauer (1900) inquired how to create alternative community with “the inclusion of the excluded as excluded” (Agamben, 1999). Antisystem movements...

Proposals for incorporating information on the quality of human, social, and environmental conditions in more authentic and comprehensive versions of the Gross National Product (GNP) or Gross Domestic Product (GDP) date back to the foundations of econometrics.Typically treated as external to...

Studies on Indian manufacturing have been unable to provide consistent estimates of productivity and its growth rates. This paper performs detailed and exhaustive set of accounting exercises for the period 1970-2003 using production function, index number and envelopment analysis methods. TFP...

This paper answers the puzzling questions that why under the similar set of economic conditions service sector in India grew while manufacturing could not and how economic reforms in 1990s accelerated the productivity growth. The paper provides a very innovative and convincing explanation. Two...

This paper studies the fundamentals of the aggregation problem. The concept is most central in understanding the relations between micro and macroeconomics. Though aggregation is mentioned often it is not studied explicitly in this generality - only some special cases are governed so far. The...

How can we assess the welfare of a society, its evolution over time and predict its change due to particular policy interventions? One way is to use survey-based welfare indicators such as the OECD Better Life Index. It invites people to weight a variety of quality of life indicators according...

How can we assess the welfare of a society, its evolution over time and predict its change due to particular policy interventions? One way is to use survey-based welfare indicators such as the OECD Better Life Index. It invites people to weight a variety of quality of life indicators according...

Pilot application of the energy efficiency and energy savings accounting system in Russia and energy consumption growth decomposition analysis have shown that: 1) its creation is possible even based on non-comprehensive statistical base; 2) its application provides non-trivial results and shows...

Aim of this paper is to build a method of performance evaluation for research organization, using a systemic approach that considers the interrelations among activities (administrative, scientific, technologic). The method is based on the research laboratories evaluation (relev) function which...

This paper analyzes international reserve diversification by examining changes in quantity shares of currencies held in foreign exchange reserves. It discusses alternative methodologies for constructing quantity shares and applies the preferred methodology to three sets of data on the currency...