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Daily Archives: July 4, 2017


BCIM Economic Corridor: Facilitating Sub – Regional Development

Roshan Iyer
IPCS Special Report #187, May 2017

This paper attempts to analyse the economic aspect of this cooperation, focusing on the reasons for stalling of the BCIM EC’s progress, and explores measures to take the initiative forward. Despite all four countries having agreed to implement the EC in principle, admittedly, there has been a lull in its progress. The EC’s route has been put in place and is almost completely motorable. However, an analysis of the trade intensities and patterns among the four countries demonstrates that potential trade volumes are inadequat e to justify its implementation. Nonetheless, the EC continues to emphasise cooperation on the “Zone 3” pillars of Trade, Transport and Energy, which avoid addressing the existing realities of the BCIM countries’ underdevelopment.

url – http://www.ipcs.org/pdf_file/issue/IPCS_Special_Report187_BCIM_Economic_Corridor_RIyer_May2017.PDF
courtesy –


Key Economic Indicators, June, 2017

Office of the Economic Adviser
Govt. of India, Ministry of Commerce & Industry
Updated as on 22/06/2017

Key Economic Indicators, June, 2017

url – http://eaindustry.nic.in/key_economic_indicators/Key_Economic_Indicators.pdf
courtesy – GOI

Do Agricultural Marketing Laws Matter for Rural Growth? Evidence from the Indian States

Purnima PUROHIT, Katsushi S. IMAI and Kunal SEN

RIEB Discussion Paper Series No.2017-17

This article examines effects of the regulatory framework of post-harvest agricultural markets on agricultural growth across Indian states over the period 1970-2008. We propose a new measure that captures various legislative dimensions of a key ‘Act’ – the Agricultural Produce Markets Commission (APMC) Act & Rules – governing the agricultural markets, evolved from the dismal colonial history of India, and use this measure to estimate growth models using panel methods. We have applied Fixed-Effects, Feasible Generalized Least Squares, and Fixed-Effects Instrumental Variable models to the panel data to address the endogeneity associated with the regulatory framework. Our results show that the Act significantly promotes not only agricultural growth but the use and the adoption of agricultural technology. Evidence presented suggests that a policy to remove market regulation rather than advancing effective ones would fail consequentially to draw investments and improve agriculture growth.

URL: http://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/dp2017-17.html

Courtesy: Kobe University

National Bureau of Economic Research Latest Working Papers during the week of July 03, 2017

The following NBER Working Papers were released in electronic format this week. Abbreviations in parentheses refer to NBER Research Programs. (visit http://www.nber.org/programs for Program information.)

1.  Stock Volatility and the Great Depression by S. Gustavo S. Cortes, Marc D. Weidenmier #23554 (AP DAE) http://papers.nber.org/papers/w23554?utm_campaign=ntw&utm_medium=email&utm_source=ntw

2.  Equilibrium in a Competitive Insurance Market Under Adverse Selection with Endogenous Information by Joseph E. Stiglitz, Jungyoll Yun, Andrew Kosenko #23556 (IO TWP) http://papers.nber.org/papers/w23556?utm_campaign=ntw&utm_medium=email&utm_source=ntw

3.  Pathways to Retirement through Self-Employment by Shanthi Ramnath, John B. Shoven, Sita Nataraj Slavov  #23551 (AG PE) http://papers.nber.org/papers/w23551?utm_campaign=ntw&utm_medium=email&utm_source=ntw

4.  Show me the Money: Federal R&D Support for Academic Chemistry, 1990-2009 by Joshua L. Rosenbloom, Donna K. Ginther #23555 (DAE PR) http://papers.nber.org/papers/w23555?utm_campaign=ntw&utm_medium=email&utm_source=ntw

5.  Leisure Luxuries and the Labor Supply of Young Men by Mark Aguiar, Mark Bils, Kerwin Kofi Charles, Erik Hurst #23552 (EFG LS PE) http://papers.nber.org/papers/w23552?utm_campaign=ntw&utm_medium=email&utm_source=ntw

6.  Default Effects and Follow-On Behavior: Evidence from an Electricity Pricing Program by Meredith Fowlie, Catherine Wolfram, C. Anna Spurlock, Annika Todd, Patrick Baylis, Peter Cappers #23553 (EEE) http://papers.nber.org/papers/w23553?utm_campaign=ntw&utm_medium=email&utm_source=ntw

7.  Split-Sample Strategies for Avoiding False Discoveries by Michael L. Anderson, Jeremy Magruder #23544 (DEV LS PE) http://papers.nber.org/papers/w23544?utm_campaign=ntw&utm_medium=email&utm_source=ntw

8.  The Consequences of Educational Voucher Reform in Chile by Richard J. Murnane, Marcus R. Waldman, John B. Willett, Maria Soledad Bos, Emiliana Vegas #23550 (CH DEV ED) http://papers.nber.org/papers/w23550?utm_campaign=ntw&utm_medium=email&utm_source=ntw


Courtesy: NBER

Yojana, July Vol. 61, No. 7, 2017


Hand-holding the elderly by Sumati Kulkarni

Securing life’s second innings by Badri singh Bhandari

Health for all by K Seeta Prabhu

Empowering the differently abled by Sandhya Limaye

Securing farmer’s welfare: reality to vision by Nilabja Ghosh

Prioritising agriculture to nutrition pathways by Mousumi  Das

Social security : Global scenario by Chandrakant Lahariya

Nurturing aq healthy learning environment by Kiran Bhatty

Ensuring a rising tide by Urmi Goswami

Protecting the unprotected by Ruma Ghosh

Systemic reforms in MGNREGS by Khyati Srivastava and Vidushi Sahani

A commitment to support initiatives by Jatinder Singh

NPS-LITE/SWALAMBAN sheme and the Atal Pension Yojana

Courtesy: Yojana

Review of Development and Change, XXI, No. 2, July- December 2016

Special Issue: Emerrging Issues in Environment and Sustainable Development

An Overview by L Venkatachalam

Does urbanisation affect tank irrigation development in Tamil Nadu by  A Narayanamoorthy and R Suresh

Reengineering the irrigation systems of Kerala by PK Viswanathan

Factors influencing reliability of groundwater markets by Jitu Tamuli and Mrinal Kanti Dutta

Valuing nature by S Kriti

Genuine savings and sustainable development by K Dhananjaya and Krishna Raj

Courtesy: MIDS