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on Central and Western Asia |
| By: | Cormac Ó Gráda (University College of Dublin) |
| Date: | 2007–11–24 |
| URL: | http://d.repec.org/n?u=RePEc:ucn:wpaper:200719&r=cwa |
| By: | Raghbendra Jha; Sambit Bhattacharyya; Raghav Gaiha; Shylashri Shankar |
| Abstract: | Using pooled household level data for the Indian states of Rajasthan and Andhra Pradesh we find that the size of landholdings is a negative predictor of participation in the National Rural Employment Guarantee Program (NREGP). In state level analysis this pattern survives in Rajasthan but reverses in Andhra Pradesh where we notice a positive relationship. This paper examines whether this sign reversal in Andhra Pradesh is indicative of program capture in Andhra Pradesh and better targeting in Rajasthan. We compare land inequality, political interference, and geographical remoteness across the two states and conclude that program capture may be an issue in Andhra Pradesh, largely because of these reasons. We also find evidence of complementarity between NREGP and the Public Distribution System (PDS). |
| Keywords: | Capture; Poverty; India |
| JEL: | I38 O12 |
| Date: | 2008 |
| URL: | http://d.repec.org/n?u=RePEc:pas:asarcc:2008-07&r=cwa |
| By: | Altan Aldan; Mahmut Gunay |
| Date: | 2008 |
| URL: | http://d.repec.org/n?u=RePEc:tcb:wpaper:0805&r=cwa |
| By: | Abbas, Syed Kanwar |
| Abstract: | The present paper is an initiative to pin down major factors behind exorbitant inflationary pressures in the global economy. The paper mentions that among other factors productivity shocks, external shocks, inflationary expectations and conversion of food crops into fuel generation are the major drivers of inflation (especially food inflation) in the present inflationary era. An attempt is also made to offer some short and medium to long term policy recommendations in this regard. Especially, the acquisition of internal growth momentum is emphasized to absorb the severity of imported inflation in the global economy as well as in Pakistan’s economic scenario. Last but not the least, the paper highlights that inflationary pressures are more sensitive to the productivity shocks than the impact of monetary policy operations in the short run and therefore, supply side measures along with monetary policy operations are important to control inflationary stance in the emerging economies including Pakistan. |
| JEL: | E31 E6 |
| Date: | 2008–07 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:9981&r=cwa |
| By: | Mishra, SK; Ngullie, ML |
| Abstract: | Kelvin Lancaster considered a commodity as a bundle of characteristics or a bunch of vectors. The demand for a commodity is therefore a demand for its characteristics. Those characteristics may include time (whether a commodity is old or new), place (its location), positional value (whether it is owned or used by many or only a few), brand name (whether produced by this or that manufacturer), and so on. This view of considering a commodity as a bundle of characteristics opens an immensely wide scope for properly dealing with the demand for a commodity not only as a substitute of but also as a complement to other commodity or commodities. In this paper we have shown how the demand for a multi-characteristics commodity such as house can be estimated by a method suggested by Heinrich von Stackelberg that transforms the measures of various characteristics into polar coordinates, and how this method may be useful in identifying the complementary and substitutive characteristics of the commodity concerned. We have not gone in for identification of the demand equation. We apply this method on the primary data collected from 109 households inhabiting Kohima, the capital city of Nagaland (India). An analysis of the data suggests that consumers of rented house consider floor area, water supply and power supply complementary to each other and other characteristics of house as substitutes of the floor area. It has also been found that in Kohima a rented house is possibly an inferior commodity and its income elasticity for the overall sample is negative, although statistically insignificant. |
| Keywords: | Hedonic demand; Kelvin Lancaster; Heinrich von Stackelberg; Characteristics; polar coordinates; direction vectors; rent; demand for house; income; family size; primary data; household; Kohima; Nagaland; India |
| JEL: | C13 D12 P25 R21 |
| Date: | 2008–08–17 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:10076&r=cwa |
| By: | ; Sinha Piyush Kumar |
| Abstract: | When one looks at the Television commercials scene in India, one easily sees three distinct patterns of communication. One is the nation-wide campaigns that are language neutral, meaning, they are purely music based. The other kind is a pure regional communications, with regional content starting from the language to the props used. The third variety is more like the ‘transition-ads’ that are between a pure nation-wide and a pure regional communication. These are basically nation-wide commercials dubbed in the regional languages, while not changing any part of the visual: thus they are ‘national’ with their visuals and regional with their sound track. The current study seeks to understand the effectiveness of such dubbed advertisements. Here incongruency and distraction hypotheses are investigated through two experiments. A social message against the use of cell-phones is used with students as target audience. The results of the first experiment while indicates distraction effects, the ANOVA tests have a very low power. The second experiment apart from repeating the first experiment with a little larger sample also looks at amount of counterarguments in the treatment conditions. The results of the second study do not validate any of the hypotheses. However the recall results are intriguing. Divided attention and incongruency are found to be two competing theories in explaining the recall effects of dubbed advertisements. |
| Date: | 2008–08–15 |
| URL: | http://d.repec.org/n?u=RePEc:iim:iimawp:2008-08-03&r=cwa |
| By: | Graciela L. Kaminsky |
| Abstract: | The crises in Mexico, Thailand, and Russia in the 1990s spread quite rapidly to countries as far apart as South Africa and Pakistan. In the aftermath of these crises, many emerging economies lost access to international capital markets. Using data on international primary issuance, this paper studies the determinants of contagion and sudden stops following those crises. The results indicate that contagion and sudden stops tend to occur in economies with financial fragility and current account problems. They also show that high integration in international capital markets exposes countries to sudden stops even in the absence of domestic vulnerabilities. |
| JEL: | F30 F36 |
| Date: | 2008–08 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:14249&r=cwa |
| By: | Maher Hasan; Hesham Alogeel |
| Abstract: | This paper investigates the factors that affect inflation in the GCC region by examining the inflationary processes in Saudi Arabia and Kuwait. The paper utilizes a model that accounts for foreign factors affecting inflation, such as trading partners' inflation and exchange rate pass-through effect, as well as domestic influences. The analysis concludes that, in the long run, higher inflation in trading partners' countries is the main driving force for inflation in the two countries, with significant but lower contributions from the exchange rate pass-through effect and oil prices. Demand and money supply shocks affect inflation in the short run. |
| Keywords: | Inflation , Saudi Arabia , Kuwait , Money supply , Exchange rate stability , Bilateral trade , Cooperation Council for the Arab States of the Gulf , |
| Date: | 2008–08–06 |
| URL: | http://d.repec.org/n?u=RePEc:imf:imfwpa:08/193&r=cwa |