In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the pulse of the economy through an analysis of high-frequency indicators and the heat map. MRE January 2024 Report Click here for previous issues
The IHDS Forum is a monthly update of socio-economic developments in India by the IHDS research community, based on the India Human Development Survey, jointly conducted by NCAER and the University of Maryland. While two earlier rounds of the survey were completed in 2004-05 and 2011-12, respectively, the third round has also been launched and... Read More
Recently, considerable research has been undertaken in India in policy circles to identify the pathway for achieving Net Zero Emission by the 2070s. However, as most of the studies focus on the overall national perspective, they do not take into account inter-State differences with respect to availability of the primary resources of land, mineral resources,... Read More
This paper addresses one of the most critical yet overlooked problems of excessive absence of students in primary grades in India. Considering the intuitive link between students’ attendance and achievements, this paper empirically investigates the incidence and causes of chronic absenteeism while examining the variations in the attainment of foundational skills of primary students. Using... Read More
The National Council of Applied Economic Research (NCAER), one of India’s premier economic policy research think tanks, carried out the 127th Round of its Business Expectations Survey (BES) in December 2023, with support from the National Stock Exchange of India Limited (NSE). NCAER has been carrying out the BES every quarter since 1992, covering 500 firms... Read More
The COVID-19 pandemic, and the consequent nationwide lockdown in India that began on March 25, 2020, caused a major disruption in the labour market, leading to the widespread loss of livelihoods and food insecurity. The findings from a telephonic survey of a representative sample of more than 3,000 households in the National Capital Region (NCR)... Read More
The COVID-19 pandemic had a severe impact on the tourism industry across the world. Be it aviation or hospitality, transportation, tour operators or eateries, every activity related to tourism was adversely affected by the pandemic in an unprecedented manner. India saw the first severe impact during the first quarter of 2020-21 when the tourism industry... Read More
Do temporary labor supply programs cause physicians to move to and stay in undesirable areas? To what extent do these programs improve the health of the elderly and non-elderly population in those areas? I investigate these questions by studying state and local loan repayment programs for new eligible physicians which were rolled out over the... Read More
I investigate how allowing lower tuition for undocumented students at public colleges improves education outcomes, and changes institutional pricing patterns. I use administrative data and a residual method to quantify the actual number of undocumented students at school level in the pre-reform period. Exploiting the reforms staggered adoption across states and time, as well as... Read More
This paper examines strategic trade policy for differentiated network-goods oligopolies under alternative scenarios when there is export-rivalry between two countries. We demonstrate that, in the absence of managerial delegation, the optimal trade policy entails an export tax (subsidy) if network externalities are weak (strong). However, when price competition is combined with managerial delegation, the opposite... Read More