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How open is India's capital account?

Although India began opening up its capital account in the mid-1990s, the approach towards financial liberalisation has been cautious. Tracing changes in the de-facto openness of the country’s capi...

  • Perspectives

India’s service-led economic growth

Structural transformation that involves a shift from agriculture straight to services, is a cause of concern to many scholars as an expanding service sector might be a pale substitute to technical pro...

  • Articles

Business sentiments and labour markets

The Covid-19 pandemic and associated lockdowns have had a significant adverse impact on jobs and livelihoods. Using 2006-2021 data from a survey on business sentiments, this article examines fluctuati...

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Setting Tax Targets: An Experiment for Government of Bihar

The project was conducted on the request of Principal Secretary, Department of Commercial Taxes, Bihar. The main aim of the project was to understand what needs to be done to set district-wise commerc...

  • IGC Research on India

The Political Economy of Sovereign Debt Overhang

Developing economies have heterogeneous experiences with growth and openness. This project starts by documenting a core empirical fact: The countries that grow relatively fast do so while reducing sov...

  • IGC Research on India

Bihar Growth in the Context of Modern Growth Theory

India’s second most populous state, Bihar, also remains one of its poorest. This project conducts a longer-term investigation into Bihar’s relatively poor productivity. It surveys the important co...

  • IGC Research on India

Sugar mills: Ownership, productivity and crop choice

This project examines the effect of firm ownership structure on firm behaviour and the economic outcomes of upstream suppliers by comparing privately-owned sugar mills to cooperatives and public mills...

  • IGC Research on India

Making good management stick: Evidence from India

A long-standing question in social science is to what extent differences in management cause differences in firm performance. To investigate this, researchers ran a management field experiment on larg...

  • IGC Research on India

Developing and Analyzing Firm Level Moments on Productivity and Reallocation

Productivity growth is the main driver of long-run increases in per capita income and welfare. This project investigates the effect of idiosyncratic (firm-level) policy distortions on aggregate outcom...

  • IGC Research on India

Recent Contributors

Parikshit

Parikshit Ghosh

Delhi School of Economics

David

David Green

University of British Columbia

Natalia

Natalia Rigol

Harvard Business School

Simone

Simone Schaner

University of Southern California

Natalie

Natalie Theys

University of Southern California

Giorgia

Giorgia Barboni

University of Warwick

Ila

Ila Patnaik

National Institute of Public Finance and Policy

Rajeswari

Rajeswari Sengupta

Indira Gandhi Institute of Development Research

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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

Covid-19: Macroeconomic implications for India

Due to the measures adopted to prevent the spread of the Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential expenditures are being postponed. This is causing...

  • Perspectives