The report tried to estimate for the output and employment multipliers for the computer related services sector for all major states. The main finding was that the information technology played a unique role in both advanced states as well as “developing” states. In the former case, the sector exhibited a high output multiplier effect while in the latter case a high “employment multiplier” effect was witnessed.
In 2005, the number of HIV-infected persons in India was estimated to exceed five million, and this number was projected to increase rapidly. Keeping this in mind, the report analysed the macroeconomic and sectoral impacts of HIV/AIDS using a first of its kind, five-sector computable general equilibrium (CGE) model of the Indian economy. Further, in Part II of the study, an extended 28-sector CGE model of the Indian economy was used to enable a more detailed analysis of the sectoral impact of the AIDS epidemic – particularly the impact of AIDS on Indian industry. The study takes into account the various modes of transmission of the adverse impact of HIV/AIDS on the national economy. All the major effects of HIV/AIDS, viz., decline in total factor productivity resulting from increased mortality and morbidity, change in the skill composition of the labour force due to unequal incidence of AIDS among different grades of labour, fall in savings due to increase in medical bills and deaths of young adults, were incorporated in the analysis. The study clearly highlights the impact of HIV/AIDS on the growth of the Indian economy. The slowdown in economic growth was manifested in a decline in both real aggregate GDP and per capita GDP. In sectoral terms, the AIDS epidemic impacted those sectors more which use unskilled labour intensively, such as tourism and manufacturing.
The second India Policy Forum (IPF) conference was held at India Habitat Centre, New Delhi, on July 25, 2005. IPF is a joint venture of the Brookings Institution and the National Council of Applied Economic Research (NCAER) that examines India’s reforms and economic transition using policy relevant empirical research. On this ocassion, Dr John Williamson, Senior Fellow, Institute of International Economics, Washington, DC delivered the second annual IPF lecture on “What Follows the Era of the USA as the World’s Growth Engine?”
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The Journal is aimed at providing a focal point for dissemination ofempirical information and research findings in the broad areas of applied economics. A major emphasis is on policy analysis and application of modern quantitative techniques to developmental issues. It is, therefore, intended at encouraging economic research and analysis to bring home a deeper understanding of the dynamics of development process, needed for policy-making.
EDITORIAL BOARD
CHIEF EDITOR:
Suman Bery
ASSOCIATE EDITORS:
Anil Kumar Sharma, Anushree Sinha
EDITORIAL BOARD
Shankar N Acharya, Professor ICRIER, Indian Council for Research on International Economic Relations, New Delhi
Prof. K Krishnamurty, Honorary Professor Administrative Staff College of India, Hyderabad
V M Rao, former Member Commission for Agricultural Costs and Prices
This paper is an attempt to focus on the role of Science and Technology (S&T) on regional development of India by considering 21 Indian states. The Index approach using the Principal Component technique has been adopted. For analysing the impact, a set of three indices focussing on Current Economic Status, S & T and Welfare has been calculated. Further, using the S&T Index as the basis, the states have been classified into four major categories. Inter and intra-group comparisons are discussed.