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Dasgupta P.,University of Delhi | Taneja N.,Indian Council for Research on International Economic Relations
Problemy Ekorozwoju | Year: 2011

This paper provides an Indian perspective on the issue of technology transfer, in the specific context of tackling climate change. The paper examines how technology transfer issues have panned out when developing countries have had to meet standards laid down in international agreements. In addressing climate change, the efficacy of the CDM as an instrument to facilitate technology transfer is analysed. The socio-political and economic analysis of implementing the clean development mechanism provides useful insights. An indicative exercise on India's export vulnerability in the face of alternative regulatory regimes such as imposition of carbon tariffs demon-strates the importance of technology transfer mechanisms between the developed and developing countries. The attainment of sustainable development through forward looking mechanisms of technology transfer will improve India's contribution to a global solution for climate change. Source

Sahoo P.,University of Delhi | Dash R.K.,Indian Council for Research on International Economic Relations
Journal of International Trade and Economic Development | Year: 2012

We examine the output elasticity of infrastructure for four South Asian countries viz., India, Pakistan, Bangladesh, and Sri Lanka using panel cointegration techniques for the period 1980-2005. In this context, we develop an index of infrastructure stocks and investigate the impact of infrastructure on output. The study finds a long-run equilibrium relationship between output and infrastructure along with other relevant variables, such as gross domestic capital formation (GDCF), labor force, international trade and human capital. The results reveal that GDCF, labor force, export and expenditure on human capital exhibit a positive contribution to output. More importantly, infrastructure development contributes significantly to output growth in South Asia. Further, the panel causality analysis shows that there is mutual feedback between total output and infrastructure development. © 2012 Copyright Taylor and Francis Group, LLC. Source

Ray I.,Indian Council for Research on International Economic Relations | Guhathakurta S.,Georgia Institute of Technology
Housing Policy Debate | Year: 2015

In this article, the authors introduce a novel way to define and measure housing submarkets in relation to foreclosures. Instead of the traditional methods of identifying submarkets a priori, this study uses an approach that empirically delineates housing submarkets based on spatial contiguity and housing attributes. The spatial clustering algorithm developed for this study identified submarkets in each of the urban counties. A spatial regression model was then used to assess the impact of submarket structure on foreclosure rates. In addition, the study also incorporates a measure of sprawl in its analysis. It was found that sprawling counties are not more likely to have higher rates of foreclosures compared with average rates. However, the counties with smaller and more fragmented housing submarkets are likely to have lower rates of foreclosures. The results suggest that urban form is less consequential than housing market structure in affecting U.S. housing market dynamics. © 2015 Virginia Polytechnic Institute and State University. Source

Singh P.,Indian Council for Research on International Economic Relations | Kathuria R.,Indian Council for Research on International Economic Relations
Asian Economic Policy Review | Year: 2016

Infrastructure helps in building productive capacity by bridging connectivity gaps, reducing distribution and trade costs, and facilitating the sharing of the benefits of growth with poorer groups and communities, among others. The evidence in this paper suggests the need for India to develop both hard as well as soft infrastructure for enhancing trade flows and growth. The existence of both aspects simultaneously will produce gains of a significantly higher order but one without the other is likely to be ineffective. © 2016 Japan Center for Economic Research Source

Kumar R.,Indian Council for Research on International Economic Relations | Vashisht P.,Indian Council for Research on International Economic Relations | Kalita G.,Indian Council for Research on International Economic Relations
Economic and Political Weekly | Year: 2010

Food prices in the immediate future can be controlled only through large imports. Wheat stocks are adequate but rice stocks are not. There will be a fiscal cost because global prices are above domestic prices, but this will not be above i per cent of central government expenditure. This may be the best option since food inflation is now threatening to become generalised. Source

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