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Posts by Dilip Mookherjee

Middleman margins and market structure in West Bengal potato supply chains

Potato farmers in West Bengal sell to local middlemen because they lack direct access to wholesale markets. Middleman margins are large and there is negligible pass-through from wholesale to farm-gat...

Community origins of industrial entrepreneurship: Theory and historical evidence from India

The transition from agriculture to trade and the subsequent transition from trade to manufacturing are key stages in the development process. In countries where a substantial manufacturing sector exis...

An economist’s view on recent domestic and world events

Dilip Mookherjee spoke to Hindu Business Line at length on a variety of issues including demonetisation, the upcoming Budget, and the Trump Presidency’s impact on the world economy.

Moving past the mandis: A revolution waiting to happen

A revolution in agricultural marketing organisation in Gansu province in China led to a 50% increase in potato yields within the past 15 years. In this article, Dilip Mookherjee, Professor of Economi...

Transforming Indian agriculture: The role of credit policy

Despite various policy attempts at priority sector lending to poor farmers, very little progress has been made on the ground, suggesting problems in the design and implementation of these policies. I...

Response to the Bhagwati-Panagariya rejoinder on MNREGA

In a recent article, Abreu et al. refuted the Bhagwati-Panagariya argument for phasing out MNREGA in favour of cash transfers. In this article, Abreu et al. respond to claims in a rejoinder by Bhagwa...

Financial inclusion for agricultural growth: An alternative approach

Traditional, group-based microcredit has had limited success at enabling farmers to expand the cultivation of risky but profitable cash crops. Evidence suggests that this is mainly because of its mech...

(Mis)Leading attack on MNREGA

Bhagwati and Panagariya have argued for phasing out MNREGA in favour of cash transfers. In this article, Abreu et al. contend that the argument is based on inflating the costs of the programme and de...

MNREGA: Populist leaky bucket or successful anti-poverty programme?

MNREGA – the world’s largest workfare programme - formed the backbone of the UPA government’s anti-poverty programme, and may well represent its most important legacy in the long run. This colu...

Deforestation in the Himalayas: Myths and reality

It is widely believed that the extent of deforestation in developing countries is large and growing over time, and that this has significant adverse effects on local livelihoods. This column presents...

A'new' land reform policy in India?

The Ministry of Rural Development has recently issued a draft of a new National Land Reform Policy. In this article, Dilip Mookherjee discusses the key features, and presents his views on the pros an...

Turn Right or Left? Or is there a middle way?

Dilip Mookherjee shares his perspective on the recent Bhagwati versus Sen debate. While Sen represents the pro-state-led assistance stand and Bhagwati is seen as pro-market, what India requires is th...