National Council of Applied Economic Research
A 10-sectors. 2-factors and 7-household groups Computable General Equilibrium (CGE) model with neoclassical closure is carried out to analyse the relative impact of various taxes and tariffs on the welfare of seven socioeconomic household groups. The policy simulations are based on the equal yield tax rates.
In response to the balance of payments problems, restructuring economies on the recommendation of the World Bank and IMF is taking place all over the world. India embarked on the path of economic reforms in 1991. In fact, from the early eighties distinct policy changes were introduced in the Indian economy in this direction. This... Read More
In recent years there has been considerable discussion on the enhancement of our understanding of what constitutes economic development and human well being. Income growth as an indicator of development has been subjected to considerable questioning. A view has emerged that the understanding of economic development has to be achieved by supplementing income measurement with... Read More
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
Expert Group on the Commercialisation of Infrastructure Projects NCAER has long been the only agency outside the government with the capability of conducting large scale household surveys. Securities and Exchange Board of India (SEBI) requested the NCAER to carry out a survey of Indian investors in order to estimate investor population, their investment preference and... 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
