National Council of Applied Economic Research
The basic objective of this study is to evaluate the comparative static effects of selected trade and domestic policy reforms on trade, output, domestic prices, economic welfare and intersectoral allocation of resources. The major reforms analysed in this study relate to reduction in tariff and non-tariff barriers to trade along with rationalisation of the tax-regime.... Read More
The process of major economic reforms undertaken in the Indian economy has completed nearly five years of implementation. The economy has entered into a new phase of development directed towards becoming globally competitive through the opening of trade, foreign investment, and technology inflows. The unilateral reform measures in the industrial and the trade policies of... Read More
This paper reviews methodologies that have been in vogue for some decades in studies concerning supply response in agriculture. In supply response studies, one has to view output supply and factor demand functions (and perhaps, institutional constraints) in a simultaneous equations framework. It is in this context that different models that are generally used in... Read More
In the past, growth models have been constructed and analyzed with the help of a production function subject to certain restrictive features. For quite some time, the Cobb-Douglas production function (CD) with its input exponents adding upto unity and a unitary elasticity of substitution were mostly used by the economists for analysis. In recent times,... Read More
Two important considerations in capital budgeting are the cost or economic value aspect and the liquidity aspect. The periods associated with “tight money” tend to increase the relative importance of the liquidity aspect. On the other hand, "tight monetary policy" and increase in interest rates aimed at curbing inflation may result in higher cost of... Read More
The international trade in horticulture commodities such as cut flowers, fresh fruits and vegetables is expanding at a higher rate than trade in other commodities. No wonder there has been great deal of interest in APEDA in the role of horticultural products as an important means of agricultural diversification and foreign exchange earnings in India... Read More
Foreign trade plays an important role in the economic development of all nations. While considering foreign trade between closed economics, we often are faced with the phenomenon of illegal international trade. While much effort has been made by economists to track foreign trade related illegal transactions through legal channels via under and over as well... Read More
There have been major changes in the investment scenario in India after the changes in economic policies since July 1991. Private investment in manufacturing and infrastructure have begun to be the new engines of growth. The capital markets have seen dramatic changes. Indian companies are raising more and more capital from the markets in India.... Read More
NCAER from time to time publishes working papers reporting the most recent research focus of the faculty members, based on the ongoing projects as well as their independent research. This working paper titled ‘Health Transition in India’ consists of papers recently written by Abusaleh Shariff, the Principal Economist and Head of the Human Development Research... Read More
NCAER conducted the sole national survey of household incomes, savings and investments, in 1978. Such surveys in a country as big as India, with a part of household transactions taking place by barter and high incidence of tax evasion, create complications in generating reliable estimates of income and its distribNCAER conducted the sole national survey... Read More
