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Manash Ranjan Gupta

Bio: Manash Ranjan Gupta is an academic researcher from Indian Statistical Institute. The author has contributed to research in topics: Endogenous growth theory & Unemployment. The author has an hindex of 12, co-authored 46 publications receiving 394 citations.

Papers
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Journal ArticleDOI
TL;DR: In this article, a model of endogenous economic growth with special consideration to the role of productive public expenditure and environmental pollution was developed, and the properties of optimal fiscal policy in the steady state growth equilibrium were analyzed.

51 citations

Journal ArticleDOI
TL;DR: In this article, the authors developed a two-sector dynamic model of a less-developed economy with an imported traded good sector and with a non-traded tourism service sector serving international tourists.
Abstract: We develop a two-sector dynamic model of a less-developed economy with an imported traded good sector and with a non-traded tourism service sector serving international tourists. Revenue earned fro...

42 citations

Journal ArticleDOI
TL;DR: In this article, the authors developed a model of endogenous growth with special focus on the role of health capital, public infrastructure and environmental pollution, and analyzed properties of optimal fiscal policy in the steady-state growth equilibrium when the level of production of the final good is the source of pollution.

42 citations

Journal ArticleDOI
TL;DR: In this article, the authors developed a static four sector competitive general equilibrium model of a small open economy in which skilled labour is endogenously produced by the education sector and is mobile between a traded good sector and a nontraded good sector.

33 citations

Journal ArticleDOI
TL;DR: In this article, the authors developed a model of endogenous growth with special consideration to the role of productive public expenditure in the presence of congestion effect of private capital and environmental pollution, and analyzed the properties of the optimal fiscal policy in the steady-state equilibrium when the level of production of the final good is the source of emission.
Abstract: This paper attempts to develop a model of endogenous growth with special consideration to the role of productive public expenditure in the presence of congestion effect of private capital and environmental pollution. We analyze the properties of the optimal fiscal policy in the steady-state equilibrium when the level of production of the final good is the source of emission. Government allocates its income tax revenue between pollution abatement expenditure and productive public expenditure. In the steady-state equilibrium, optimum ratio of productive public expenditure to national income is less than the competitive output share of the public input; and this ratio varies inversely with the magnitude of the emission-output coefficient. The steady-state equilibrium appears to be a saddle point; and the market economy growth rate is not necessarily less than the socially efficient growth rate in the steady-state equilibrium.

32 citations


Cited by
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TL;DR: In this article, the authors studied the existence of middle-income growth traps in a two-period overlapping generations model of economic growth with two types of labor and endogenous occupational choices and distinguished between "basic" and "advanced" infrastructure, with the latter promoting design activities, and accounts for a knowledge network externality associated with product diversification.
Abstract: This paper studies the existence of middle-income growth traps in a two-period overlapping generations model of economic growth with two types of labor and endogenous occupational choices. It also distinguishes between "basic" and "advanced" infrastructure, with the latter promoting design activities, and accounts for a knowledge network externality associated with product diversification. Multiple steady-state equilibria may emerge, one of them taking the form of a low-growth trap characterized by low productivity growth and a misallocation of talent -- defined as a relatively low share of high-ability workers in design activities. Improved access to advanced infrastructure may help escape from that trap. The implications of other public policies, including the protection of property rights and labor market reforms, are also discussed.

154 citations

Dissertation
15 Mar 2013
TL;DR: In this article, the authors explore the supply and demand side determinant of child labour at macro, meso and micro level and explore the effect of intra-household distribution of power on child related outcome.
Abstract: The dissertation aims to explore the supply and demand side determinant of child labour at macro, meso and micro level. At macro level it explores the effect of globalization (defined as openness to trade and inflow of foreign direct investment) and credit market imperfections on child labour. At meso level it explores the effect of labour market conditions on child labour. As the above two levels of analysis are mainly concerned with the demand for child labour, the micro level analysis explores the supply side determinant of child labour. At micro level this dissertation explores the effect of intrahousehold distribution of power on child related outcome. Specifically it explores the effect of mother’s decision making power on her child’s labour and schooling. The macro level analysis is based on cross country regression framework while meso and micro level analysis is based on the data from Pakistan. At macro level, this dissertation points out that trade openness and FDI inflow raise the standard of living in an economy thereby reducing child labour incidence. As the channel through which trade could affect child labour is by increasing income of the poor, credit market imperfection shows insignificant effect. At meso level, this dissertation points out that high adult wages in an area increase demand for child labour while presence of adult unemployed proportion in an area reduces demand for child labour. However, presence of unemployed adult in a house increases supply of child labour. Exports, on one hand, reduce supply of child labour by affecting the income of poor at macro level while on the other hand at meso level, subcontracting of production process to small informal sector increases demand for child labour. The informal sector being unprotected by law employs a high proportion of child labour. At micro level mother’s decision making power significantly decreases child labour supply and increases child schooling. The effect is significant in case of girls but not in case of boys. This study also shows that whether children work for generating income or as family helpers, mothers are equally concerned for their welfare. Their decision making power significantly reduces labour among children.

135 citations

Journal ArticleDOI
TL;DR: The causality analysis suggest that tourism Granger causes CO2 emissions both in the short- and long-run, while real income and globalization only Granger causeCO2 emissions in the long- run.

120 citations

Journal ArticleDOI
TL;DR: In this article, the authors presented a theory of interest rate determination on informal credit in backward agriculture when there is a market for formal credit and the farmer has to bribe the official of the formal credit agency in order to get formal credit.
Abstract: The paper presents a theory of interest rate determination on informal credit in backward agriculture when there is a market for formal credit. The farmer has to bribe the official of the formal credit agency in order to get formal credit. The official and the moneylender play a non-cooperative game in choosing the amount of formal credit and the informal interest rate, respectively. The informal-sector interest rate and the effective formal-sector interest rate (incorporating the bribe) are equal in equilibrium. A reduction in the formal interest rate and/or an increase in the price of the product may lead to an increase in the equilibrium bribing rate and the informal interest rate when the formal credit and the informal credit are complementary to each other.

78 citations