{"title":"Youth dependency ratio and total factor productivity: a study on Indian States","authors":"Nilanjan Roy","doi":"10.1007/s41775-022-00141-0","DOIUrl":"https://doi.org/10.1007/s41775-022-00141-0","url":null,"abstract":"","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"57 1","pages":"443 - 467"},"PeriodicalIF":0.0,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41697390","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of global value chain participation: cross-country analysis","authors":"B. Banerjee, Juraj Zeman","doi":"10.1007/s41775-022-00137-w","DOIUrl":"https://doi.org/10.1007/s41775-022-00137-w","url":null,"abstract":"","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"57 1","pages":"59 - 95"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44247160","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How do linguistic and technical skills affect earnings in India?","authors":"Muhammed Refeque, P. Azad","doi":"10.1007/s41775-022-00132-1","DOIUrl":"https://doi.org/10.1007/s41775-022-00132-1","url":null,"abstract":"","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":"57 1","pages":"23 - 57"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46069740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Indian Economic ReviewPub Date : 2022-01-01Epub Date: 2022-06-20DOI: 10.1007/s41775-022-00131-2
Devesh Roy, Sunil Saroj, Mamata Pradhan
{"title":"Nature of employment and outcomes for urban labor: evidence from the latest labor force surveys in India.","authors":"Devesh Roy, Sunil Saroj, Mamata Pradhan","doi":"10.1007/s41775-022-00131-2","DOIUrl":"10.1007/s41775-022-00131-2","url":null,"abstract":"<p><p>Given its size and level of income, India faces unique challenges in the labor market. In the urban labor force of nearly 100 million, half of the workers engage in regular wage/salaried employment including in short-term contracts, yet a large number are either self-employed or work as casual labor. This vast pool of employees in the urban sector exists without job contract (92%), social security (90%) or paid leave (89%) barely earning subsistence wages, many close to the poverty threshold. This paper looks at the types of employment (TOE) for urban workforce and its effects on worker outcomes (earnings, hours worked, job loss). The assessment of the effects of TOE remains mostly instinctive without rigorous empirical research. Using latest three rounds of nationally representative Periodic Labor Force Surveys (PLFS), we assess the outcomes for urban workers based on TOE. We estimate the probability of being poor based on TOE and occupation where urban casual labor is associated with 7 percentage points higher likelihood of being poor and nearly 17% lower earnings. We uniquely assess the extent of job turnovers for urban workers and falling into unemployment at high frequency based on TOE. Analysis of urban panel after accounting for unobserved worker level factors captures the extent of fall in income due to job switching and loss of employment. Results indicate significant potential for poverty if worker is not socially protected, engaged in distress entrepreneurship or as casual labor.</p>","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":" ","pages":"165-221"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9207434/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"40400159","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Indian Economic ReviewPub Date : 2022-01-01Epub Date: 2022-06-27DOI: 10.1007/s41775-022-00136-x
Swati Dhingra, Fjolla Kondirolli
{"title":"Unemployment and labour market recovery policies.","authors":"Swati Dhingra, Fjolla Kondirolli","doi":"10.1007/s41775-022-00136-x","DOIUrl":"https://doi.org/10.1007/s41775-022-00136-x","url":null,"abstract":"<p><p>Evidence shows long-term unemployment (LTU) can have life-long scarring impacts on the future employment and earning prospects of individuals and lead to an overall deterioration in the wellbeing of communities. This article examines long-term unemployment in India, providing some of the first estimates from a panel of individuals before and during the pandemic. It shows that LTU makes up a substantial proportion of unemployment among the working-age population, particularly among young workers who have fared even worse since the pandemic. Existing benefits have proven inadequate in addressing long-term unemployment and young workers have a strong desire for active labour market policies from the government to address the worklessness crisis. A national-level commitment to active labour market policies could prevent a lost generation of young workers from falling into long-term unemployment and the ills that accompany it.</p>","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":" ","pages":"223-235"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9244451/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"40584781","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Indian Economic ReviewPub Date : 2022-01-01Epub Date: 2022-06-27DOI: 10.1007/s41775-022-00134-z
Pulapre Balakrishnan, M Parameswaran
{"title":"What lowered inflation in India: monetary policy or commodity prices?","authors":"Pulapre Balakrishnan, M Parameswaran","doi":"10.1007/s41775-022-00134-z","DOIUrl":"https://doi.org/10.1007/s41775-022-00134-z","url":null,"abstract":"<p><p>India has seen lower inflation by historical standards for the past 6 years. This has been attributed to the adoption of inflation targeting by the central bank, the Reserve Bank of India in 2016. In particular, it has been asserted that the lower inflation reflects the anchoring of expectations. We evaluate these claims. An econometric investigation indicates that there is no basis to the claim that inflation has been lowered due to the anchoring of expectations. On the other hand, we are able to account for the trajectory of inflation in India after 2016 in terms of an alternative explanation of inflation, namely the structuralist.</p>","PeriodicalId":36028,"journal":{"name":"Indian Economic Review","volume":" ","pages":"97-111"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9244015/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"40584782","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}