The Indian Economic Journal最新文献_第4页

Service Sector Growth and  Inequality in India: An Analysis of Household Consumption Spending 印度服务业的增长与不平等：家庭消费支出分析

The Indian Economic Journal Pub Date : 2024-04-01 DOI: 10.1177/00194662241238498

Chaitanya Talreja

{"title":"Service Sector Growth and \u2028Inequality in India: An Analysis of Household Consumption Spending","authors":"Chaitanya Talreja","doi":"10.1177/00194662241238498","DOIUrl":"https://doi.org/10.1177/00194662241238498","url":null,"abstract":"Two important aspects of service sector growth in India in the post-1991 reform period from the demand side have been identified in the literature. Ghose (2015) suggests that the rapid service demand expansion has been driven by the rich, who have disproportionately benefited from the information and communication technology (ICT)-based service boom. Basu and Das (2017) argue that service spending by the poorer section also rose, and the service demand expansion is partly a result of the coercive nature of privatised service expansion. This article examines these two critical aspects in greater detail using the National Sample Survey Organisation (NSSO) consumer expenditure surveys from 1993–94, 2004–05 and 2011–12. The article finds clear evidence to show that the service expenditure in India was dominated by the top 20% of Indian households. Even as bottom 20% devoted larger household budget share to services over time, their share in aggregate service expenditure remained marginal. State per capita income, servicification of output, social expenditure by the government, urbanisation and changing nature of the economy post liberalisation are found to be important factors associated with variation in household service expenditure share across quintile classes. The relationships of these factors with service expenditure share differ across expenditure quintiles. Further, service expenditure elasticity estimates by decile classes indicate more than unit elasticity for various services over time, depicting non-saturating demand for services. The decile-wide rise in demand for services during this period, especially for the poorer households, is possibly due to a complex mechanism involving necessity, aspirations and enhanced access to new services and may not fit into the binary of discretion versus involuntary spending. JEL Codes: O1, L16, L80, D30, D12","PeriodicalId":509033,"journal":{"name":"The Indian Economic Journal","volume":"33 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140770141","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}

引用次数: 0

Does Efficiency Bring Down Default Risk in Indian Banks? 效率是否会降低印度银行的违约风险？

The Indian Economic Journal Pub Date : 2024-03-29 DOI: 10.1177/00194662241238494

Jagjeevan Kanoujiya, Shailesh Rastogi

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Fiscal Conundrum of the North-Eastern States of India 印度东北部各邦的财政难题

The Indian Economic Journal Pub Date : 2024-03-29 DOI: 10.1177/00194662241238487

M. S. Rymbai, D. W. Thangkhiew

{"title":"Fiscal Conundrum of the North-Eastern States of India","authors":"M. S. Rymbai, D. W. Thangkhiew","doi":"10.1177/00194662241238487","DOIUrl":"https://doi.org/10.1177/00194662241238487","url":null,"abstract":"A smooth operation of the public budget requires simultaneous growth of macro-fiscal instruments. In this background, the study intends to estimate the macro-fiscal determinants of the public budget in the North-Eastern states (NES). The percentage estimation of fiscal capacity, fiscal dependency and revenue base depicts an overall fiscal conundrum in the NES. The empirical estimation procedure begins with the unit root test, followed by a Pedroni cointegration test, followed by the fully modified least square and the dynamic least square model to estimate the degree of relationship. Two series have been estimated to avoid multicollinearity. The results depict a cointegration between the macro-fiscal instruments (total government expenditure, state’s own revenue (SOR), gross state domestic product (GSDP), grants (GR), gross fiscal deficit (GFD) and revenue deficit (RD)). The results show that the SOR, GSDP and GR are the positive and significant determinants of government expenditure. On the other hand, GFD is a positive yet insignificant determinant of government expenditure. RD is a negative and significant determinant of government expenditure. This implies that a stronger revenue generation capacity could result in augmenting the public budget for the efficient provision of public services. JEL Codes: E62, H1, H50, H62, H71, H72","PeriodicalId":509033,"journal":{"name":"The Indian Economic Journal","volume":"21 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140365494","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}

引用次数: 0

Derivation of Growth of Import Demand: A Time Series Analysis  of Less Developed Countries 进口需求增长的推导：欠发达国家的时间序列分析

The Indian Economic Journal Pub Date : 2024-03-29 DOI: 10.1177/00194662241238591

Riddhi Chatterjee

引用次数: 0

Stage-based Non-price  Determinants of Fuel Choice  and Its Consumption Decision of Households in Rural India 印度农村家庭燃料选择及其消费决策的阶段性非价格决定因素

The Indian Economic Journal Pub Date : 2024-03-29 DOI: 10.1177/00194662241238589

Sanchita Daripa, Soumyananda Dinda

{"title":"Stage-based Non-price \u2028Determinants of Fuel Choice \u2028and Its Consumption Decision of Households in Rural India","authors":"Sanchita Daripa, Soumyananda Dinda","doi":"10.1177/00194662241238589","DOIUrl":"https://doi.org/10.1177/00194662241238589","url":null,"abstract":"This article investigates non-price determinants of fuel choice and consumption decision of households in rural India. Fuel consumption varies at household levels from traditional fuels like firewood and chips to modern fuels such as LPG. Fuel consumption is based on two-stage decisions: (a) whether households participate or not; and (b) how much they consume if they participate. Significant factors might be different in the first stage and the second stage due to certain socio-economic or non-price factors. Applying Cragg’s double hurdle model on NSSO data, this article finds determinants of fuel choice and its consumption at the household level in rural India. Empirical findings indicate that income significantly determines quantity consumption, not choice decision. The role of assets in determining fuel choice and quantity decision is also considered through a comparative study including and excluding landholding, a major asset in rural India. Bottom and top quintile results suggest that advancement of the economic position of the households changes their attitude towards dirty fuel selection and consumption. Firewood fuel consumption decreases with the rising education level of the household head, especially women-headed households. Increased awareness through education and removing social barriers might help to reduce dirty fuel consumption, and India might move towards Sustainable Development Goal. JEL Codes: C20, C13, C34, O13, Q23, Q40, Q56","PeriodicalId":509033,"journal":{"name":"The Indian Economic Journal","volume":"49 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140367937","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}

引用次数: 0

Richard P. F. Holt (Ed.), The Selected Letters of John Kenneth Galbraith. Cambridge University Press, New York, 2017, pp. xlii + 701, $34.99 (Hardcover). ISBN: 9781107019881. Richard P. F. Holt（编），《约翰-肯尼斯-加尔布雷思书信选》。剑桥大学出版社，纽约，2017 年，第 xlii + 701 页，34.99 美元（精装）。ISBN：9781107019881。

The Indian Economic Journal Pub Date : 2024-03-23 DOI: 10.1177/00194662241238501

Manoj Kumar

引用次数: 0

International Migrants from Rural Punjab—Attributes and Characteristics 来自旁遮普农村地区的国际移民--属性和特征

The Indian Economic Journal Pub Date : 2024-03-23 DOI: 10.1177/00194662241235584

Nivedita Agnihotri

{"title":"International Migrants from Rural Punjab—Attributes and Characteristics","authors":"Nivedita Agnihotri","doi":"10.1177/00194662241235584","DOIUrl":"https://doi.org/10.1177/00194662241235584","url":null,"abstract":"International migration is a worldwide phenomenon, and it has influenced every economy in the world. Migration plays a significant role in the development of both home and host countries. Remittances sent by non-resident Indians (NRIs) to the country of origin improve the standard of living of their family members and are also helpful in solving the balance of payment problems of the country. This research article deals with the socio-economic background of the emigrants’ households. The size of the family, housing conditions, age group, earning members in the family, number of migrated persons, etc., is the important variables of this analysis. To analyse the socio-economic characteristics of the migrants’ households and to examine the causes behind international migration are the main objectives of this study. It is observed that prime reason behind the international migration from Punjab to other countries is the lack of suitable work opportunities. This article is based on the sample of 375 households that have been selected from 15 villages of the two districts, namely Jalandhar and SBS Nagar. For the analysis of data, simple percentage method and binary logistic regression model have been used. The analysis and findings of the study revealed that a total of 579 NRIs have migrated from the 375 households, and all these households have their own homes. It is observed that the ratio of male migrants is much higher than the females. The study analysed that the proportion of dependent family members is almost same in both districts. It is also noticed that people of general category went to developed countries like the United States, Canada, Australia and New Zealand, but the OBCs and SCs preferred to go to the United Kingdom, Europe and Gulf countries. The main reasons of this difference are that the visa process of developed countries is more complicated and also contains huge costs, while visa process and cost of Gulf and other countries are simple and low, so OBCs and SCs can easily afford it. JEL Codes: F2, F22, D14, O15, O1","PeriodicalId":509033,"journal":{"name":"The Indian Economic Journal","volume":" 36","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140211012","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}

引用次数: 0

Urbanisation and Economic Growth: Some Insights from the Himalayan State of Sikkim 城市化与经济增长：喜马拉雅锡金邦的一些启示

The Indian Economic Journal Pub Date : 2024-03-22 DOI: 10.1177/00194662241235497

K. Singha, L. Sherpa, Md. Samsur Jaman

引用次数: 0

Power-law Behaviour and Inequality in the Upper Tail of Wealth, Income and Consumption: Evidence from India 财富、收入和消费上端的幂律行为和不平等：印度的证据

The Indian Economic Journal Pub Date : 2024-03-22 DOI: 10.1177/00194662241238471

Rishabh Kumar

引用次数: 0

Labour Values and Production Prices  in Joint Production 联合生产中的劳动力价值和生产价格

The Indian Economic Journal Pub Date : 2024-03-21 DOI: 10.1177/00194662241235500

Georg Stamatis

{"title":"Labour Values and Production Prices \u2028in Joint Production","authors":"Georg Stamatis","doi":"10.1177/00194662241235500","DOIUrl":"https://doi.org/10.1177/00194662241235500","url":null,"abstract":"In this article, we show that in joint production, both labour values and production prices are positive but not unambiguously determined. Usually, the former is determined under the implicit presupposition that labour productivity in the production of each commodity is the same in all production processes that produce this commodity, and the latter is determined under the indirect presupposition that the capital productivity in the production of each commodity is the same in all production processes, with the consequence that this also applies to the maximum profit rate. This presupposition is equivalent to a transformation of joint into single production—not in the ‘space’ of material quantities but in that of corresponding nominal quantities in terms of labour values or production prices, respectively. The same presupposition is not only arbitrary but also, in the case of separable technique, contradicts the technical data of the given production technique. The same applies to the above transformation of joint into simple production, which is made possible under this presupposition. Consequently, either no theory of joint production based on nominal quantities is possible, or, when it is possible, it is based on an arbitrary and, in some cases, contradictory presupposition. JEL Codes: B50, B51, B59","PeriodicalId":509033,"journal":{"name":"The Indian Economic Journal","volume":" 31","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140221636","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}

引用次数: 0