Main Banner Image

Nobel laureate Paul Romer’s contribution to endogenous growth theory

What motivates people like Steve Jobs to spend time, money, and effort in developing new ideas despite the implicit hazard that ideas can easily be copied later? In this post, Mausumi Das contends tha...

  • Perspectives

How tax incentives influence household financial saving

Indian households tend to hold a high fraction of their wealth in non-financial assets such as real estate and gold. Tax policy has been used to incentivise saving in financial assets and encouraging ...

  • Articles

India’s national policy framework on e-commerce: Issues and concerns

In July 2018, India released a draft national policy framework on e-commerce among its stakeholders. The ensuing debate led to the government announcing a revised draft policy. In this post, Rahul Cho...

  • Perspectives
Refine list by:
--Please Select--
--Please Select--

Digital India Land Records Modernisation Programme: Assessing impact in Himachal Pradesh and Maharashtra

Government of India launched the National Land Records Modernisation Programme in 2008, with the aim of establishing a system of titles to ensure conclusive proof of land ownership. The programme was ...

  • Articles

The effect of place-based development policies: Evidence from Indian SEZs

Since the introduction of the Special Economic Zones (SEZ), Act in 2005, India has invested roughly 0.5% of its GDP annually into this programme. Using nighttime lights data and firm- and worker-level...

  • Articles

GST: A ‘good and simple’ tax?

The Goods and Services Tax (GST) came into effect in India on 1 July 2017. Even as it is too early to judge the performance of GST relative to the system of indirect taxation it has replaced, Gaurav D...

  • Perspectives

Labour market effects of workfare programmes: Evidence from MNREGA

India’s Mahatma Gandhi National Rural Employment Guarantee (MNREGA), the world’s largest workfare programme, provided employment to 51 million households in 2016. Assessing the impact of MNREGA on...

  • Articles

King Cash is back: Has informality increased?

Demonetisation and the introduction of goods and services tax were expected to accelerate the shift to formality in the economy. In this article, Renu Kohli contends that while currency in circulation...

  • Perspectives

Demand-side components of India’s GDP growth

As per the recently released first advance estimates of the Central Statistics Office, the real GDP growth for India is estimated at 6.5% in 2017-18, the slowest in the last four years. In this articl...

  • Perspectives

Jobless growth? From speculation to statistical analysis

This column investigates the relationship between economic growth and net job creation in India and South Asia. If economic growth was truly jobless, as is often claimed, labour productivity would be...

  • Articles

Fostering social connections

This column describes an ongoing study that analyses data from Delhi’s labour-intensive garment factories to explore the relationship between trust among workers and productivity. Using the strength...

  • Articles

Management practices and productivity in India

In this article, Bloom and Patnaik bring together research that analyses management practices of firms, and how they relate to firm productivity and performance. They highlight the importance of under...

  • Articles

Impact of labour regulations on Indian manufacturing sector

In this article, Devashish Mitra discusses structural bottlenecks in the Indian manufacturing sector such as labour market regulations and recent policy changes that incentivise capital-intensive prod...

  • Perspectives

Industrial Policy in India

In this article, Ritam Chaurey provides an overview of India’s industrial and labour policy to put in perspective the issues facing firm growth.

  • Perspectives

Catching up: India’s transition from a colonial economy

The decline and stagnation of the Indian economy was reversed after independence. This column suggests although productivity in agriculture and industry rose after 1947, it was the service sector that...

  • Articles

Recent Contributors

Divya

Divya Ravindranath

Indian Institute for Human Settlements, Bangalore

Divya

Divya Varma

Aajeevika Bureau (Ahmedabad)

Sandip

Sandip Sukhtankar

University of Virginia

Karthik

Karthik Muralidharan

University of California, San Diego

Paul

Paul Niehaus

University of California, San Diego

Hemant Kumar

Hemant Kumar Pullabhotla

University of Illinois, Urbana-Champaign

Ashutosh

Ashutosh Thakur

Stanford Graduate School of Business

Chandan Kumar

Chandan Kumar Jha

Le Moyne College

View all Contributors

Most Popular Macroeconomics Posts

Land in India: Market price vs. fundamental value

The Real Estate (Regulation and Development) Bill, 2015, is focused on protecting the few home buyers who can afford to buy homes but does not address the issue of high land prices, which is a very se...

  • Articles

Land records and titles in India

Land ownership is broadly determined by access to a land title, which protects the rights of the title-holder, and impacts livelihoods, and industrial, economic, and social growth. However, land title...

  • Perspectives

Renewable energy and India's future

In the world’s second-most populous country, it is unsurprising that the topic of energy supply should be a key issue – and, in particular, its sustainability. This column completes a series on I...

  • Articles