Sunday, April 17, 2022

ECN 203 - Development Economics-II - Group A

 Social Sector & Development

Problem Set for Practice: HERE

Topic 1: Introduction to Social Sector

# What is social sector?

# Approaches to understanding importance of Social Sector

# Social Sector Policies: Some Stylised facts

# Is social sector development good economics?


Reference list: HERE

Handout: HERE




Topic 2: Education and Development

Why Education is Important
#  Costs & Benefits of Education
#  Methods to estimate Benefits from Education
#  Education in Developing Countries
?


Reference list: HERE

Handout: HERE

 

Topic 3: Health and Development

# What is Health?

# Cost of Illness

# Determinants of Health

# Health Care System Models


Handout: HERE

 

Tuesday, March 31, 2020

ECN 404 C: Rural Develoment


Rajarshi M will post updates on this page for the topics taught by him. Students are advised to keep watching regularly.


Topic 1:
  • The concept of Rural - Rural vs Urban - Development at what cost - Types of Rural..... 
  • Transition in Rural Development Theory over the years

References:
van der Ploeg, J et al (2008) 'Towards a new theoretical framework for understanding regional rural development',       HERE

Ch 1 of the above    HERE


Ellis, Frank and Stephen Biggs (2001) 'Evolving Themes in Rural Development 1950s-2000s, Development Policy Review, Vol 19 (4), pp437-448        HERE

Mayfield, James B. () A Chronology of Rural Development Theory and Practice (1950s-2000s)     HERE
 



Topic 2
Political Economy of Rural Development - The different types and phases of exploitation - Politics of Rural Poverty - Remedial Options...........


References:
Wignaraja, Ponna (1985) 'Towards a new Praxis of Rural Development',
Annals of Public and Cooperative Economics, Vol 56, Issue 1-2, pp121-43    HERE

de Janvry, Alain (1975) 'The Political Economy of Rural Development in Latin America: An Interpretation', American Journal of Agricultural Economics, Vol 57 (3), August 1975, pp490-99,    HERE
de Janvry, Alain & Sadoulet, Elisabeth (1989) 'The Political Feasibility of Rural Poverty Reduction', CUDARE Working Papers 198495, University of California, Berkeley, Department of Agricultural and Resource Economics.    HERE

de Janvry, Alain & Sadoulet, Elisabeth (2003) 'Achieving Success in Rural Development: Toward Implementation of an Integral Approach', 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa: Plenary Sessions 245924, International Association of Agricultural Economists.    HERE



Topic 3
Infrastructure & Rural Development - Characteristics of Infrastructure - Types of infrastructure - How infrastructure augments rural livelihood - Private & Public infrastructure - Transport infrastructure and Rural Income - Transport, Power, Irrigation, Banking, Marketing & Social infrastructure in rural India ...........


References:
Majumder, R. (2008) - Infrastructure and Development in India: Interlinkages and Policy Issues, Rawat

The Impact of Infrastructure on Growth in Developing Countries, Estache and Garsous, 2012, IFC Economics Notes; HERE   



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



Infrastructure, Geographical Disadvantage, and Transport Costs, Nuno Limao and Anthony Venables, World Bank Policy Research Working Paper 2257, 1999; HERE

Poverty and Inequality in India: The Role of Infrastructure, Asian Economic Review, Vol 55, No 3, 2013; A previous version HERE 




Topic 4
Climate Change and Rural Development - What is Climate Change? - Typical signs of Climate Change - Impact of Climate Change on Crop Productivity - Impact of Climate Change on Rural Livelihood ...........


References:

Kurukulasuriya, Pradeep; Rosenthal, Shane. 2013. Climate Change and Agriculture : A Review of Impacts and Adaptations, Environment department papers No. 91. Climate change series. Washington DC ; World Bank. (Page 1-26) Here

Dev, Mahendra. (2011). Climate change, rural livelihoods and agriculture (focus on food security) in Asia-Pacific region.; IGIDR WP 2011-014 Here


Presentations & Other Materials: Here-1   Here-2  Here-3





Wednesday, March 25, 2020

ECN 405B - Energy Economics

Handouts for the Energy Economics classes are here:


Topic 1: 

  1. Climate and Weather; Markers of Weather and Climate Change; Factors bringing in Climate Change; Anthropogenic activities; Trends in Climate markers over last 50 years; Adaptation & Mitigation; Lessons from History - the rise & demise of ancient civilisations;
  2. Concept of Extreme Event; Impact of Climate Shocks/Extreme Events; Economic & Social Loss; Probability, Historical Trends and Expected Loss; Resilience; Rebound and Recovery; How preparedness affects quantum of Economic Loss; Trade-off between Cost of Resilience-building and Expected Economic Loss due to Extreme Event; Optimum Preparedness (The River Dam example)

Climate Change & Energy - Introduction
Practice Set

Rain, Rivers, and the Fate of Civilizations, Cherrie Winner, Oceanus Magazine Vol. 49, No. 3, Fall 2012 [available from www.whoi.edu/oceanus]

Topic 2:

  1. Energy Economics; Why Energy Planning is important; Integrated National Energy Planning (INEP); What are the factors that determine Energy-GDP Linkage; Energy Intensity & Energy Efficiency; Concept of Energy Security
  2. How Energy Price Changes affects Macroeconomy; How macroeconomic growth affects Energy Demand; The IO framework of Energy Demand Estimation;
  3. Countrywide Energy Demand & Supply; Reference Energy System (RES) framework of Energy Demand and Flow - RES Network and Sankey Diagram; Energy Balance Tables
  4. Energy Situation in Selected Countries of the world
  5. Energy Situation in India; Electricity Situation in India
Energy Economics - Introduction            Slides

Energy Sector in India: Overview

Power Sector in India: Overview


Topic 3:

  1. Energy Demand Estimation Methods - RES framework & Energy Balance Tables
  2. Sectoral Demand Estimation
  3. Baseline & Trend Estimation Method
  4. Process Modelling Approach
  5. Econometric Methods



References

  1. M. Munasinghe and P. Meier: Energy Policy Analysis and Modelling, Cambridge University Press, 1993.
  2. R. S. Pindyck and D. L. Rubinfeld: Econometric Models and Economic Forecasts, 4th Edition, McGraw-Hill, New York, 1998.
  3. J. B. Taylor: Principles of Macroeconomics, 3rd Edition, Houghton Mifflin, Boston, 2001.
  4. M. S. Bazaraa and J. J. Jarvis: Linear Programming and Network Flows, John Wiley and Sons, N. Y., 1990.
  5. R. Miller and P. D. Blair: Input-Output Analysis: Foundations and Extensions, Prentice-Hall, N.J, 1985.
  6. John P. Weyant (ed.), Energy and Environmental Policy Modeling, Kluwer Academic Publishers, Boston, 1999.
  7. IEA: World Energy Outlook: International Energy Organization, Paris, 2002.
  8. Energy Economics
  9. Energy Journal
  10. Lecture Notes and Hand-outs


Thursday, March 12, 2020

ECN 203: Development Economics (Group A)

Rajarshi M will post updates on this page for the topics taught by him. Students are advised to keep watching regularly.We are starting from Topic 2 in course outline as Topic 1 has already been covered in 1st Semester.

Topic 2
Rural Urban Migration and Wage Gap:

Migration Equilibrium Model - reference - DOWNLOAD         An alternate site here

An easier to understand reference is here: DOWNLOAD

Labour Turnover Model - reference - DOWNLOAD

Also read "Analytical Development Economics: The Less Developed Economy Revisited" by Kaushik Basu, MIT Press; and, "Development Economics" by Debraj Ray, OUP

Topic 3
Social Sector:

Education - references A. - DOWNLOAD
                                     B. - DOWNLOAD
                                     C. - DOWNLOAD

Health - reference - DOWNLOAD
 

Saturday, March 7, 2020

Public Economics 2020 4th Semester

 Text :     Public Finance by Ambar Ghosh 
               Stiglitz : Public Sector Economics
Readings : Public Finance - Musgrave & Musgrave

Taxation : part 1 download 
     Tax Equity  - Handout_01 download

Follow Class Notes for all the topics covered in the classes along with text books/ references/ handouts.

Students are recommended  to follow this post frequently to get updates regarding the course taken by Ray, J

Monday, November 4, 2019

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

Friday, August 30, 2019

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 82nd 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