30 September, 2024Economic development of Punjab: Prospects and policies
While the north Indian state of Punjab topped per-capita income rankings within the country until year 2000, its position fell consistently thereafter. This article discusses the current state of Punj...
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Lakhwinder Singh Nirvikar Singh Prakarsh Singh 
17 July, 2024
- Perspectives
Food, fuel, and facts: Distributional effects of global price shocks
The recent upsurge in global prices of essential commodities of food and fuel, warrants an analysis of the distributional ramifications, especially within developing economies. This article examines I...
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Saroj Bhattarai Arpita Chatterjee Gautham Udapa
- 20 June, 2024
- Articles
What will it take for the Indian economy to break out of the lower-middle-income bracket?
In 2007, India moved from the low-income to lower-middle-income category, as per the World Bank’s classification of countries by income. With clear aspirations to graduate into the higher brackets o...
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Vikas Dimble Nalini Gulati
- 12 June, 2024
- Perspectives
Land acquisition: Is there a way out?
India is hungry for space to grow into a developed economy. Yet this hunger is increasingly raiding farmland and threatening traditional livelihoods. For some, this is a necessary evil, for others it ...
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Maitreesh Ghatak Parikshit Ghosh
- 16 July, 2012
- Articles
Management practices in retail, education and healthcare sectors in India
This project presents an in-depth descriptive look at the state of management practices in India. Using a unique dataset measuring the quality of management practices across countries and sectors, it ...
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Renata Lemos Daniela Scur
- 31 May, 2012
- IGC Research on India
Macroeconomic Takeoff and Distributional Churning in India
The past 25 years have witnessed a remarkable economic catch-up by the historically discriminated against scheduled castes and tribes (SC/STs) in India towards non-SC/ST levels in terms of their educa...
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Viktoria Hnatkovska Amartya Lahiri
- 01 April, 2012
- IGC Research on India
Status-based taxation: A proposal to increase tax revenue collection
This project explores whether concerns for social status can be exploited as a 'carrot' to encourage tax compliance and increase tax revenue collection in developing countries. The central idea is to ...
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Raj Chetty
- 31 March, 2012
- IGC Research on India
What do Indian CEOs do? Time Use of Indian Top Executives: Determinants and Implications for Growth
This project presents evidence on the labour supply of CEOs, and on whether family and professional CEOs differ on this dimension. It does so through a new survey instrument that allows it to codify C...
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Oriana Bandiera Andrea Prat Raffaella Sadun
- 31 March, 2012
- IGC Research on India
Understanding fiscal capacity in developing economies: Firms as third-party tax enforcers
The difference in tax revenues (as a percentage of GDP) between developed and developing countries has always been consistently large. An IMF report estimates it to be 10-15 percentage points.
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Henrik Kleven Claus Kreiner Emmanuel Saez
- 01 March, 2012
- IGC Research on India
Multinationals and growth in developing countries
Recent work has highlighted the incredible dispersion of productivity in developing countries and how this contributes to their lower aggregate productivity levels.
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Philippe Aghion John Van Reenen
- 28 February, 2012
- IGC Research on India
The Agricultural Productivity Gap in Developing Countries
According to national accounts data for developing countries, value added per worker is on average four times higher in the non-agriculture sector than in agriculture.
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David Lagakos Michael Waugh
- 01 January, 2012
- IGC Research on India
Does Foreign Institutional Investment in India Increase Financial Vulnerability? An Empirical Investigation Using an Event Study Approach
Emerging market policymakers are concerned about the effects of foreign portfolio flows on financial stability. Do tail events in the home country trigger off extreme responses by foreign investors an...
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Ila Patnaik Jean Paul Rabanal Ajay Shah Nirvikar Singh
- 31 October, 2011
- IGC Research on India
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...
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Chirashree Das Gupta Pronay Sarkar
- 30 April, 2011
- 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...
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Mark Aguiar Manuel Amador
- 31 March, 2011
- 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...
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Areendam Chanda
- 01 March, 2011
- IGC Research on India
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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...
- Gurbachan Singh
- 29 February, 2016
- 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...
- Prachee Mishra Roopal Suhag
- 20 November, 2017
- Perspectives
West Bengal’s economic performance relative to India over the last three decades
Against the backdrop of the ongoing elections in West Bengal, Maitreesh Ghatak examines how the state’s economic performance compares with that of the country as a whole, over the past three decades...
- Maitreesh Ghatak
- 01 May, 2021
- Articles