Kautilya

Browsing Working Papers by Title

Browsing Working Papers by Title

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  • Corporate debt market in India: Lessons from the South African experience 
    Sengupta, Rajeswari; Anand, Vaibhav (2014-07)
    Development of long-term debt markets is critical for the mobilization of the huge magnitude of funding required to finance potential businesses as well as infrastructure expansion. India has been distinctly lagging behind ...
  • A Corporate governance index for large listed companies in India 
    Sarkar, Jayati; Sarkar, Subrata; Sen, Kaustav (2012-06-06)
    We construct a Corporate Governance Index for 500 large listed Indian firms for the period from 2003 to 2008 in this paper. The index construction uses information on four important corporate governance mechanisms: the ...
  • Corporate insolvency resolution in India: Lessons from a cross-country comparison 
    Sengupta, Rajeswari; Sharma, Anjali (2015-12)
    In this paper we analyse the corporate insolvency resolution procedures of India, UK and Singapore within a common framework of well-specified principles. India at present lacks a single, comprehensive law that addresses ...
  • Corporate social responsibility in India - An Effort to bridge the welfare gap 
    Sarkar, Jayati; Sarkar, Subrata (2015-08)
    Drawing on existing theoretical and empirical literature on the rationale behind Corporate Social Responsibility (CSR), this paper analyses the potential implications of mandated CSR under the recently enacted Companies ...
  • Corruption, default and optimal credit in welfare programs 
    Saha, Bibhas; Thampy, T (2012-05-24)
    In this paper we present a dynamic model of subsidized credit provision to examine how asymmetric information exacerbates ine ciency caused by corruption. Though designed to empower the underprivileged, the fate of such ...
  • Counting the poor: Measurement and other issues 
    Rangarajan, C; Mahendra Dev, S (2014-12)
    In June 2012, the Government of India appointed an Expert Group (C. Rangarajan as Chairman) to take a fresh look at the methodology for the measurement of poverty. The Committee submitted its report towards the end of June ...
  • 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 ...
  • Creating youth employment in Asia 
    Mahendra Dev, S (2014-10)
    Several countries in the Asia-Pacific region are experiencing demographic changes. Over 60 per cent of the world's youth live in Asia and the Pacific, which translates into more than 750 million young women and men aged ...
  • A Critical review of economic analyses of religion 
    Vikas Kumar (2012-05-31)
    Recent years have seen increasing interest in economic analyses of religion. We carry out a critical review of Economics of Religion (EoR) in this review essay. We find that on the one hand EoR has made a significant ...
  • Cross-LoC trade in Kashmir: From line of control to line of commerce 
    Kira, Altaf Hussain (2012-06-04)
    The initiation of Cross-Line of Control (LoC) trade across Jammu and Kashmir in October 2008 signaled the beginning of a new era. It was 61 years ago in 1947 that trade across line of control had stopped. The initiative ...
  • Crowding-out effect of tobacco expenditure and its implications on intra-household resource allocation 
    John, Rijo M (2012-05-24)
    The aim of this paper is to examine if tobacco consumption crowds-out consumption of basic needs and whether it has implications for nutrition intake and intra-household resource allocation in developing countries. In ...
  • The Cult of statistical significance - A Review 
    Motiram, Sripad (2014-09)
    I present a review and extended discussion of The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice and Lives by Deirdre McCloskey and Stephen Ziliak, a work that raises important issues related ...
  • Data and definitions: Underestimating savings and investment in an open economy 
    Goyal, Ashima (2012-05-29)
    This note clarifies definitions and derives from first principles the relationship between investment, domestic and foreign savings in order to show that there is underestimation of investment and foreign savings given ...
  • Debt and corporate governance in emerging economies:Evidence from India 
    Sarkar, Jayati; Sarkar, Subrata (2012-05-24)
    We analyze the role of debt in corporate governance with respect to a large emerging economy, India, where debt has been an important source of external finance. First, we examine the extent to which debt acts as a ...
  • Decomposition of energy consumption and energy intensity in Indian manufacturing industries 
    Ray, Binay Kumar; Reddy, B. Sudhakara (2012-05-29)
    Of the total final energy consumption in India, the industrial sector accounts for about 37 percent, of which the manufacturing sector consumes about 66 percent (2004-2005 figures) with chemicals and petrochemicals, iron ...
  • 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. ...
  • Demand or supply for schooling in rural India? 
    Motiram, Sripad; Osberg, Lars (2012-06-04)
    Is the poor human capital investment by rural Indian families primarily a supply side or a demand side issue? We examine school attendance and total human capital investment time (time in school plus travel time plus ...
  • Deprivation and vulnerability among elderly in India 
    Syam Prasad (2012-06-04)
    Changing age structure is one of structural change that witnessed in the last century. Population ageing is one of its consequences, which emerges as a global phenomenon in the present day. It is generally expressed as ...
  • Deriving India's potential growth from theory and structure 
    Goyal, Ashima; Arora, Sanchit (2012-09)
    Estimates suggest that Indian aggregate supply is elastic but subject to upward shocks. If supply shocks make a high persistent contribution to inflation, it implies second round pass through is occurring, implying growth ...
  • The Determinants of trade credit: Evidence from Indian manufacturing firms 
    Vaidya, Rajendra R (2012-06-04)
    Trade credit (accounts receivable and accounts payable) is both an important source and use of funds for manufacturing firms in India. This paper empirically investigates the determinants of trade credit in the Indian ...

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