MPhil - Economics of Infrastructure & Development

Outline

• What is Infrastructure - Characteristics - Features - Necessities
• Infrastructure & Development - Theoretical Understandings - Hirschman - Rostow - Hansen - Impact on Growth & Poverty - Empirical Observations and Experience across countries
• Energy Infrastructure - Criticality of energy infrastructure - Energy planning and INEP - Commercial Energy sector in India - Power infrastructure & associated issues
• (to continue)............

Reading List:

Essential:

• World Development Report, 1994
• India Infrastructure Report - Various Years
• Majumder, R. (2008) - Infrastructure and Development in India: Interlinkages and Policy Issues, Rawat

Other Readings:

• The Impact of Infrastructure on Growth in Developing Countries, Estache and Garsous, 2012, IFC Economics Notes; HERE  
• The Output Cost of of Latin America's Infrastructure Gap, César Calderón and Luis Servén, Central Bank of Chile Working Papers No 186, 2002; HERE
• Hulten, C., and A. Isaksson (2007). Why Development Levels Differ: The Sources of Differential Economic Growth in a Panel of High and Low Income Countries. NBER Working Paper No. 13469. Cambridge, MA: National Bureau of Economic Research; HERE  
• Infrastructure Services In Developing Countries: Access, Quality, Costs and Policy Reforms, C. Briceño-Garmendia, A. Estache, N. Shafik, World Bank Policy Research Working Paper 3468, December 2004; HERE 
• Infrastructure, Growth, and Inequality: An Overview, César Calderón and Luis Servén, World Bank Policy Research Working Paper 7034, 2014; HERE  
• Emerging Infrastructure Policy Issues in Developing Countries: A Survey of the Recent Economic Literature, Antonio Estache, Background Paper for the October 2004 Berlin meeting of the POVNET Infrastructure Working Group, World bank; 2004
• Rao, V.K.R.V (1981) 'Infrastructure and Economic Development', Commerce, Annual Number, Vol.141, No.3628, p.9
• Infrastructure and Poverty, Louis Pouliquen, WDR 2000 Background Papers; HERE
• Poverty and Inequality in India: The Role of Infrastructure, Asian Economic Review, Vol 55, No 3, 2013; A previous version HERE 
• Infrastructure, Geographical Disadvantage, and Transport Costs, Nuno Limao and Anthony Venables, World Bank Policy Research Working Paper 2257, 1999; HERE

Transport Infrastructure

• Rodrigue, J-P et al. (2018) The Geography of Transport Systems HERE

Energy Infrastructure

• Handout: HERE 
• Isaksson, Anders (2009) - Energy Infrastructure and Industrial Development, UNIDO Working Paper 12/2009, UNIDO: HERE
• Mukherjee, Kalyan (2012) - India’s Energy Imperatives: Macro and Regional Dimensions, Journal of Regional Development and Planning, Vol 1, No 1

Social Infrastructure

• Union Budget of India 2016-17, Ch 10; HERE 
•  

Assignments:
These assignments are to be submitted as Review Essays (3000 words) - typed and printed in A4 paper with Times New Roman, 12pt font, 1.5 spacing with 1" margin all round. Title, Headings, Subheadings should be of suitable font/formats.

Ekanki: Role of School Infrastructure in Educational Attainment: A Review of Studies across Asia & Africa
Sabana: Infrastructure & Investment: A Review of Studies across Asia & Europe
Souvik: Role of Infrastructure in Human Development: A Review of Studies across Asia & Africa
Triseeta: Infrastructure & FDI: A Review of Studies across Developing countries

Assignments are due on 15th January, 2020, 16.00 hours

ECN 301 Indian Economic Scenario

Rajarshi M will post materials related to the part taught by him on Indian Economy here. Students are to keep watch for texts, reading lists, assignment etc.

Planning

Why Planning was necessary for a newly independent underdeveloped country in post world war scenario - options before us - strategies & models - changes over time - impact on economy

Reading List:

Chakravarty, S. (1987) Development Planning; The Indian Experience, Oxford University Press, New Delhi.

Jain A K (1986) Economic planning in India, Ashish Publishing House, New Delhi

Bardhan, P.K. (9th Edition) (1999) The Political Economy of Development in India, Oxford University Press, New Delhi.

a small note from a paper by Ajit Ghosh is HERE.

Employment & Unemployment

• Types of Employment - Employment Indicators - How they are measured
• Employment Paradigm in India - the 3-paradigm classification - India's employment policies before Structural Adjustment - 3 phases of employment policies - Empirical observations on Employment, Unemployment, Underemployment, Sectoral Transformation
• SAP & Labour - Theoretical expectations - Assumptions - Reality - Recent trends in Labour Market - The Malady and Prescription
• Discrimination in Labour Market

Reading List:

Mathur, Ashok (1999) “Economic Reforms, Employment and ‘Non-Employment’: Theory, Evidence and Policy”, Keynote paper for Technical Session VI of 82^nd Annual Conference of the Indian Economic Association, December, 1999.

Mukherjee, D. (2003) “The Changing World of Work and No-Work”, Indian Journal of Labour Economics, Vol. 46, No. 4, 2003.                HERE

NSSO Reports on Quinquennal Surveys on Employment and Unemployment in India, Various Rounds and years, [specially the Concepts & Definitions section], Government of India, New Delhi.

Thomas, Jaya Jose (2012) India’s Labour Market during the 2000s: Surveying the Changes, Economic and Political Weekly, December 22, 2012, Vol. XLVII, No. 51     HERE

Ghose, Ajit (2014) Globalisation, Growth and Employment in India, Working Paper No. WP 05/2014, Institute of Human Development, New Delhi     HERE

Ghose, Ajit (2016) India Employment Report 2016, IHD, New Delhi, Executive Summary Here

Sharma, Alakh N (2007) Flexibility, Employment And Labour Market Reforms In India, Working Paper No. 37, Institute of Human Development, New Delhi     HERE

Mukherjee, D. and Majumder, R (2008) “Tertiarisation of Indian Labour Market: New Growth Engine or Distress Signals?”, Journal of Asia Pacific Economy, Vol. 13, No. 4, 2008, Routledge.                    HERE

Mukherjee, D. and Majumder, R (2011) “Occupational Pattern, Wage Rates & Earning Disparities in India: A Decomposition Analysis”, Indian Economic Review, Vol. 46, No. 1, June 2011  HERE

Mathur, Ashok and Sunil Mishra (2007) - Wages and Employment in the Indian Industrial Sector: Theory and Evidence, Indian Journal of Labour Economics, Vol. 50, No. 1, pp83-110 

Poverty & Inequality

• Poverty - Concept, Absolute & Relative
• Poverty Measurement in India - Definition, Method, Estimates, Debate
• Poverty Trends in India during different phases
• Inequality in India
• Economic Growth, Poverty & Inequality in India

Sen Abhijit and Himanshu (2004) Poverty and Inequality in India-I, Economic and Political Weekly, Vol. 39, Issue No. 38, 18 Sep, 2004

Sen Abhijit and Himanshu (2004) Poverty and Inequality in India-II, Economic and Political Weekly, Vol. 39, Issue No. 39, 25 Sep, 2004

Himanshu (2010) Towards New Poverty Lines for India, Economic and Political Weekly, Vol. 45, Issue No. 01, 02 Jan, 2010     PREVIOUS VERSION HERE

Himanshu (2013) Poverty and Food Security in India, ADB Economics Working Paper Series No. 369, September, 2013, ADB    HERE

Panagariya, Arvind and Megha Mukim (2014) A Comprehensive Analysis of Poverty in India, Asian Development Review, vol. 31, no. 1, pp. 1–52    HERE

Bandyopadhyay, Kaushik Ranjan (2010) Poverty in India: A Chronological Review on Measurement and Identification,     HERE

Jha, Raghbendra (2000) “Growth, Inequality and Poverty in India: Spatial and Temporal Characteristics.” Economic and Political Weekly, Vol. 35, No. 11, 2000   HERE

Mazumdar, Dipak, Sandip Sarkar, Balwant Singh Mehta (2017) Inequality in India-I, Economic and Political Weekly, Vol. 52, Issue No. 30, 29 Jul, 2017

Mazumdar, Dipak, Sandip Sarkar, Balwant Singh Mehta (2017) Inequality in India-II, Economic and Political Weekly, Vol. 52, Issue No. 32, 12 Aug, 2017

Angus Deaton and Jean Drèze, (2002) “Poverty and Inequality in India: A Reexamination,” Working papers 107, Centre for Development Economics, Delhi School of Economics.             HERE

Dandekar, V.M. and N. Rath, Poverty in India, 1971, (Pune: Indian School of Political Economy).

Deaton, Angus and Valerie Kozel (2005) The Great Indian Poverty Debate, Delhi: MacMillan, 2005.

Patnaik, Utsa (2006) ‘Poverty and Neo-Liberalism in India’, Rao Bahadur Kale Memorial Lecture delivered at Gokhale Institute of Politics and Economics, Pune, February 3, 2006

Jha, R. (2004). Reducing Poverty and Inequality in India: Has Liberalization Helped? In Cornia, A. C. (ed.) Inequality, Growth and Poverty in an Era of Liberalization and Globalization. Helsinki: World Institute for Development Economic Research. Oxford University Press.

 



others to follow ........

Thought Exercises

Applied Econometrics ECN 305A

Rajarshi M will post materials, exercises, assignments related to the applied econometrics area taught by him, here. Students are to keep a watch.

Basic Texts:

Damodar Gujarati: Econometrics by Example, Macmillan (Chs 1, 2, 3, 5, 8-12)

Damodar Gujarati: Basic Econometrics, 4th edn, McGraw Hill (Chs 1-4, 9, 13-15)

Lecture Notes:

Qualitative Independent Models here

Count Data Models here

Ordered Logit Model here

Qualitative Dependent Variable Models here


Censored and Truncated Models here

Sample Questions here

Students must note that this is an applied paper and they are expected to learn ACTUAL data handling and econometric exercises using real data.

'R' software, which is open source and freely available will be used. Students should install the latest version of R-Studio in their personal computers along with packages to be mentioned during the semester. R-Studio can be downloaded from HERE.
They can also use other Open Source Statistical/Spreadsheet software after discussion.

ASSIGNMENTS:

These are practical assignments to be empirically worked out using data provided in the related data file. Students are free to use any software, though the preferred one is R. Assignments are to be emailed to ecm.buruniv@gmail.com within due date/time. Answer files should bear name initials and university roll number (for example XY_MA_2018_##.docx)

Internal Assessment Marks will be calculated as BEST TWO out of THREE Assignments. Please ensure that you have submitted all three assignments.

Assignment for Week 13-14:   Datafile        Questions 

This assignment is due on 12-12-19, 13.00 hrs

Assignment for Week 3-4:   Datafile        Questions 

This assignment is due on 30-09-19, 13.00 hrs

Assignment for Week 1-2:   Datafile        Questions 

This assignment is due on 09-09-19, 13.00 hrs