Macro-modelling for the Eleventh Five Year Plan of India
Macro-modelling for the Eleventh Five Year Plan of India

Author: Kirit S. Parikh

Publisher:

Published: 2009

Total Pages: 294

ISBN-13:

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Explaining how the Eleventh Plan made significant changes from past practices by using multiple economic models to study the impact of global issues on India, this compilation of essays by the relevant model makers addresses analytical questions concerning India's economy. Looking at growth rate, oil consumption, global growth, and resources, six models with different analytical approaches are examined. Detailed and technical descriptions are given throughout the essays, and scenarios that were developed by the models are used to address further questions.

Macroeconometric Methods
Macroeconometric Methods

Author: Pami Dua

Publisher: Springer Nature

Published: 2023-04-08

Total Pages: 394

ISBN-13: 9811975922

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This book provides empirical applications of macroeconometric methods through discussions on key issues in the Indian economy. It deals with issues of topical relevance in the arena of macroeconomics. The aim is to apply time series and financial econometric methods to macroeconomic issues of an emerging economy such as India. The data sources are given in each chapter, and students and researchers may replicate the analyses.The book is divided into three parts—Part I: Macroeconomic Modelling and Policy; Part II: Forecasting the Indian Economy and Part III: Business Cycles and Global Crises. It provides a holistic understanding of the techniques with each chapter delving into a relevant issue analysed using appropriate methods—Chapter 1: Introduction; Chapter 2: Macroeconomic Modelling and Bayesian Methods; Chapter 3: Monetary Policy Framework in India; Chapter 4: Determinants of Yields on Government Securities in India; Chapter 5: Monetar y Transmission in the Indian Economy; Chapter 6: India’s Bilateral Export Growth and Exchange Rate Volatility: A Panel GMM Approach; Chapter 7: Aggregate and Sectoral Productivity Growth in the Indian Economy: Analysis and Determinants; Chapter 8: Forecasting the INR/USD Exchange Rate: A BVAR Framework; Chapter 9: Forecasting India’s Inflation in a Data-Rich Environment: A FAVAR Study; Chapter 10: A Structural Macroeconometric Model for India; Chapter 11: International Synchronization of Growth Rate Cycles: An Analysis in Frequency Domain; Chapter 12: Inter-Linkages Between Asian and U.S. Stock Market Returns: A Multivariate GARCH Analysis; Chapter 13: The Increasing Synchronization of International Recessions. Since the selection of issues is from macroeconomic aspects of the Indian economy, the book has wide applications and is useful for students and researchers of fields such as applied econometrics, time series econometrics, financial econometrics, forecasting methods and macroeconomics.

Perspectives on Inclusive Policies for Development in India
Perspectives on Inclusive Policies for Development in India

Author: Saiyed Raza Hashim

Publisher: Springer Nature

Published: 2022-06-06

Total Pages: 464

ISBN-13: 9811901856

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This book presents perspectives by eminent economists, social scientists and policy makers, exploring in depth the post-reform developments in India, including issues pertaining to growth and equity, issues which have been at the core of life-time work of Prof. R. Radhakrishna. The book brings out how some public policy instruments created to promote growth have turned out to be regressive, promoting inequalities and creating a highly asymmetric federalism in India. It examines the efficacy of fiscal and monetary reforms and also emphasises the need for strengthening the institutions of governance, particularly judiciary and police, in order to boost investors’ confidence. It presents exercises in econometric modelling for explaining factors in growth and vetting policies, and explores the issue of governance and institutions. The book provides insights into the working of an emerging economy and a large democracy which has to strive for public acceptability of the tensions of its negotiations between equity and growth. With its depth of academic excellence and breadth of topics covered, it is a ‘must read’ for researchers, policy makers, industry watchers, think tanks, and NGOs.

Growth and Development Planning in India
Growth and Development Planning in India

Author: K. L. Datta

Publisher: Oxford University Press

Published: 2020-11-30

Total Pages: 459

ISBN-13: 0190991569

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The debate around growth has been an important feature of economic planning in India since Independence. This book deals with the wide range of issues related to the country's growth and development between 1951 and 2011, covering the 11 Five Year Plans formulated and implemented during this period, as well as in the decade after that. The author traces the changing nature of planning over time-from rigid state control on economic activities, to reliance on market-based planning in the time of economic reforms. He has dealt with the transition from growth measures in the 1970s, to the use of a mix of growth and redistribution in the 1980s, and the economic reforms and liberalization measures from 1991 onwards, and the inclusive growth we have seen in the twenty-first century. The central theme of the book is to analyse the role that planning played in maximizing the rate of economic growth and in improving the living standards of the people. Considering India's rapidly changing socio-economic environment, many of the issues around growth and development are contentious. The author discusses them here with academic rigour and an insider's insight, thus enabling a fair assessment.

Macroeconomics
Macroeconomics

Author: Alex M. Thomas

Publisher: Cambridge University Press

Published: 2021-09-30

Total Pages: 255

ISBN-13: 1108486940

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Provides a lucid and novel introduction to macroeconomic issues and introduces an alternative approach of understanding macroeconomics, which is inspired by the works of Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and Piero Sraffa. It also presents the reader with a critical account of mainstream marginalist macroeconomics.

The Mahalanobis Growth Model
The Mahalanobis Growth Model

Author: Chetan Ghate

Publisher: Springer Nature

Published: 2022-07-13

Total Pages: 216

ISBN-13: 9811689806

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This book provides an analytical and computational approach to solving and simulating the Mahalanobis model and the papers surrounding it. The book comes up, perhaps for the first time, with a holistic examination of an important growth model that emerged out of India in the 1950s. It contains detailed derivations of the Mahalanobis model and the several critiques and extensions surrounding it with an organized synthesis of the main results. Computationally, the book simulates the model and its many variants, thus making it accessible to a wider audience. Advanced undergraduates and beginning graduate students in the fields of Economics, Mathematics, and Statistics will gain immensely from understanding both the mathematical aspects as well as the computational aspects of the Mahalanobis model. In the absence of a single 'go-to' source on all aspects of the model -- analytical and computational -- this book is a definitive volume on the Mahalanobis model that has all the derivations of all the papers surrounding the model, its dissents and critiques, and extensions as in the wage goods model suggested by Vakil and Brahmananda.

Footprints of Development and Change
Footprints of Development and Change

Author: N. Jayaram

Publisher: Academic Foundation

Published: 2008

Total Pages: 600

ISBN-13: 9788171887040

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A celebration of professor V. K. R. V. Rao, this book is a compilation of articles on contemporary issues written by eminent economists from around the globe, including Michael Walton from Harvard University, Sugata Marjit from City University of Hong Kong, and G. P. Samanta from the Reserve Bank of India. Discussing a wide range of topics, such as concerns of inequality and poverty, changes in community life, and India’s foreign policy, this in-depth analysis explores the developmental issues presently challenging Indian academia. The latest authentic data from various fields of specialization are presented and discussed in an authoritative manner in this objective and thorough examination of India’s economic condition.

Pluralistic Economics and Its History
Pluralistic Economics and Its History

Author: Ajit Sinha

Publisher: Taylor & Francis

Published: 2019-05-24

Total Pages: 311

ISBN-13: 1000001830

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This volume is a history of economics – as it was interpreted, discussed and established as a discipline – in the 20th century. It highlights the pluralism of the discipline and brings together leading voices in the field who reflect on their lifelong work. The chapters draw on a host of traditions of economic thought, including pre-classical, classical, Marxian, neoclassical, Sraffian, post-Keynesian, Cantabrigian and institutionalist traditions in economics. Further, the volume also looks at the history of economics in India and its evolution as a discipline since the country’s independence. This book will appeal to students, researchers and teachers of economics and intellectual history, as well as to the interested general reader.

Contextualizing the COVID Pandemic in India
Contextualizing the COVID Pandemic in India

Author: Indrani Gupta

Publisher: Springer Nature

Published: 2023-10-29

Total Pages: 316

ISBN-13: 9819949068

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This book brings together contributions that explore various dimensions of the pandemic from a long-term development perspective. It also analyzes the existing policy responses and the gaps therein, to enable a greater understanding of how public policy – during a pandemic like COVID-19 – can be better aligned with the developmental challenges faced by individuals and households in India. Through its thirteen contributions, the book highlights the connection between the pandemic and development as deep and multilayered, and not unidirectional. It highlights how the existing inequalities and inequities in the system determined who gets impacted and to what extent, and how soon they can recover, if at all. It analyzes policies and programmes that have been implemented based mostly on the immediate pandemic crisis, and responded less to the pre-existing conditions that have shaped socio-economic outcomes. The book would be a great resource to study possible future responses to similar health disasters in a multi-cultural, multi-religion, multi-caste and multi-class melting pot like India.