Indira Gandhi Institute of Development Research

About: Indira Gandhi Institute of Development Research is a facility organization based out in Mumbai, Maharashtra, India. It is known for research contribution in the topics: Monetary policy & Inflation. The organization has 307 authors who have published 1021 publications receiving 18848 citations.

Impact of imported intermediate and capital goods on economic growth: A Cross country analysis

Abstract: Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products The countries that import the higher productivity intermediate products and capital equipments produced in the richer countries, however, derive benefits from knowledge spillovers The empirical analysis in this paper shows that what type of intermediate goods and capital equipments a country imports and from where it imports indeed matters for its long-run growth Using highly disaggregated trade data for a large number of countries, we construct an index (denoted as IMPY) that measures the productivity level associated with a country's imports Using instrumental variable method (to address the endogeneity problems), we find that a higher initial value of the IMPY index (for the year 1995) leads to a faster growth rate of income per capita in the subsequent years (during 1995-2005) and vice versa The results imply that a 10% increase in IMPY increases growth by about 13 to19 percentage points, which is quite large

Socio-economic impact assessment of industrial projects in India

Abstract: Socio-economic impact assessment (SEIA) is conducted in advance to determine the socioeconomic consequences of industrial projects. The focus is on the project-affected people. All possible data is collected from census information and academic institutions. Personal interviews are also conducted with the local people and their administrative heads. The main phases of the project addressed are pre- construction, construction and operation. Issues addressed include compensation payment for the land, provision of employment, and alternative accommodation for the people affected. A decision on the acceptability of the project is taken after assessing the positive and negative socio-economic impacts.

The Causal impact of algorithmic trading on market quality

Abstract: What is the impact of algorithmic trading (AT) on market quality? This research question has been dogged by endogeneity bias. We address the problem by using orders clearly identied as originating from AT, and the introduction of co-location as an exogenous event after which AT increased. A matched set of rms with high and low

Migration, caste and livelihood: evidence from Indian city-slums

Abstract: This paper based on a primary survey of slum dwellers in four Indian cities examines the caste dimension of migrants and the nexus, if any, between caste and the job market participation. Based on ...