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Browsing by Author "Pal, Rupayan"

Browsing by Author "Pal, Rupayan"

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  • Co-movement of skill premium and stock prices 
    Gangopadhyay, Kausik; Nishimura, Atsushi; Pal, Rupayan (2012-09)
    We examine the empirical phenomenon of co-movement of skill premium and share prices by appealing to the techniques of co integration. The US data (1984--2010) reveals that stock prices and skill premium are co integrated ...
  • Competition for foreign capital: Endogenous objective, public investment and tax 
    Pal, Rupayan; Sharma, Ajay (2012-06-04)
    In this paper we endogenize the objective functions of the regions as well as their decision to provide public investment in a model of competition for foreign owned mobile capital. We demonstrate that the competing ...
  • Competition, strategic delegation and delay in technology adoption 
    Mahathi, A; Pal, Rupayan (2013-08)
    This paper examines how strategic managerial delegation affects firms' timing of adoption of a new technology under different modes of product market competition. It demonstrates that delegation has differential impacts ...
  • The Cournot-Bertrand profit differential: A Reversal result in network goods duopoly 
    Pal, Rupayan (2013-07)
    We revisit the classic profit-ranking of Cournot and Bertrand equilibria and the issue of endogenous choice of a price or a quantity contract, but for a network goods duopoly. We show that, if network externalities are ...
  • Delegation and emission tax in a differentiated oligopoly 
    Pal, Rupayan (2012-05-31)
    This paper examines how product differentiation as well as strategic managerial delegation affects optimal emission tax rate, environmental damage and social welfare, under alternative modes of product market competition. ...
  • Does partial privatization improve the environment? 
    Pal, Rupayan; Saha, Bibhas (2012-06-01)
    This paper shows that, in case of differentiated products mixed duopoly, environmental damage increases (decreases) with the level of privatization, if the level of privatization is less (more) than certain level. It ...
  • Entry threats, and inefficiency in efficient bargaining 
    Pal, Rupayan; Saha, Bibhas (2012-06-01)
    We examine whether the outcome of bargaining over wage and employment between an incumbent firm and a union remains efficient under entry threat. The workers\' reservation wage is not known to the entrant, and entry is ...
  • Environmental standards as strategic outcomes: A Simple model 
    Bhattacharya, Rabindra N; Pal, Rupayan (2012-05-31)
    This paper examines the strategic nature of choice of environmental standards under different degrees of openness of countries. It also compares and contrasts equilibrium environmental standards and levels of pollution, ...
  • Estimating the probability of trade union membership in India: Impact of communist parties, personal attributes and industrial characteristics 
    Pal, Rupayan (2012-05-30)
    The paper analyses the impact of the reach of communist parties, the degree of political activism, personal attributes of workers, and industrial characteristics on the individual decision to unionise for Indian ...
  • Estimating workers' bargaining power and firms' Markup in India: Implications of reforms and labour regulations 
    Pal, Rupayan; Rathore, Udayan (2014-09)
    We examine implications of industrial deregulations, trade liberalisation and labour regulations on workers' bargaining power and firms' markup in Indian manufacturing industries, using state-wise three-digit industry-level ...
  • Honor and stigma in mechanisms for environmental protection 
    Banerjee, Prasenjit; Pal, Rupayan; Shogren, Jason F (2016-05)
    Honor and stigma play a role in environmental protection. Environmental honors are bestowed on people and firms who go out of their way to do right by the environment. Similarly, environmental stigma is put on people or ...
  • How much should you own? Cross-ownership and privatization 
    Pal, Rupayan (2012-06-06)
    This paper investigates the effects of cross-ownership on optimal privatization, and vice-versa, in mixed duopoly. It shows that cross-ownership is profitable to the private firm only if the level of privatization of the ...
  • How much should you own? Cross-ownership and privatization 
    Pal, Rupayan (2012-06-01)
    This paper examines the interdependence of cross-ownership and level of privatization in case of differentiated products mixed duopoly. It shows that it is optimal for the private firm not to own any (own the entire) ...
  • Income related inequality in financial inclusion and role of banks: Evidence on financial exclusion in India 
    Pal, Rama; Pal, Rupayan (2014-03-05)
    This paper analyzes income related inequality in financial inclusion in India using a representative household level survey data, linked to State-level factors. It shows that (a) the extent of financial exclusion is quite ...
  • Managerial delegation in monopoly under network effects 
    Bhattacharjee, Trishita; Pal, Rupayan (2013-05)
    This paper examines the possibility of emergence of incentive equilibrium in the case of monopoly, without relying on agency theory based arguments. It shows that, when there is network effect of consumption, it is optimal ...
  • Managerial delegation under network effects 
    Bhattacharjee, Trishita; Pal, Rupayan (2013-01)
    This paper shows that network effects do not have any implication to the nature of the equilibrium strategic managerial delegation under Cournot type quantity competition, unlike as in the case of Bertrand type price ...
  • Measuring financial inclusion: An Axiomatic approach 
    Chakravarty, Satya R; Pal, Rupayan (2012-06-01)
    This paper clearly demonstrates that the axiomatic measurement approach developed in the human development literature can be usefully applied to the measurement of financial inclusion. A conceptual framework for aggregating ...
  • Mixed duopoly and environment 
    Pal, Rupayan; Saha, Bibhas (2012-06-04)
    We show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme and keeping the public ...
  • Network externalities and process R&D: A Cournot-Bertrand comparison 
    Naskar, Mili; Pal, Rupayan (2016-07)
    This paper examines the implication of the nature of competition in a market with network externalities on strategic investment in process R&D by firms. It shows that network externalities have a positive effect on process ...
  • Political competition and leadership in tax competition 
    Pal, Rupayan; Sharma, Ajay (2012-06-04)
    In this paper, we introduce political competition in a sequential move tax competition game between two regions for foreign owned mobile capital. It shows that in case of sequential move, political delegation takes place ...