Jaipur • New Delhi • Bengaluru • Guwahati • Kolkata
The book contributes to the growing literature
pertaining to empirical and policy issues in international trade, foreign
capital flows and issues in finance, implications for India and emerging
economies related to trade and development interface, and analysis of sector
level growth and development in India. Further, the focus is on the policy
aspects of these themes and their role in fostering economic development in the
context of India and other emerging market economies. The discourse focuses
mainly on empirical work and econometric details. The relevant issues are
investigated using state of the art techniques such as gravity models, panel
co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit
models. In addition, detailed literature survey, discussions on data
availability, issues related to statistical estimation techniques and a
theoretical background, ensure that each chapter significantly contributes to
the ever-growing literature on international trade and capital flows. The
readers shall find an engaging dialogue on the crucial role played by policy
and the trade-capital flows-growth experience of emerging economies. The book
is relevant for those who are interested in contemporary issues in trade,
growth and finance as well as for students of advanced econometrics who may
benefit from the analytical and econometric exposition. The empirical evidences
provided here could serve as ready reference for academicians, researchers and
policy makers, particularly in emerging economies facing similar challenges.
International Trade: Empirical and Policy Issues
1. Empirical Estimates of Inverted Duty Structure and Effective Rate of Protection—The Case of India-K. Pathania
2. Does
the Past Performance in Home Market Affect Export Participation of New
Exporters? Evidence from Indian Firms-Priyanta Ghosh, Aparna Sawhney
3. Indo-African
Trade: A Gravity Model Approach
Vaishnavi Sharma, Akhilesh Mishra-
4. The
Validity of J-Curve: India Versus BRICS Countries: A Panel Cointegration
Approach-Ganapati Mendali
5. Trade
Costs Between India and ASEAN: A Gravity Framework-D. Nagraj, I. Ghosh
6. Dynamics
of ICT Penetration and Trade: Evidence from Major Trading Nations-Areej Aftab
Siddiqui, Parul Singh
Foreign Capital Flows and Issues in Finance
7. Macroeconomic Factors Affecting FDI Inflows into Emerging Economies—A Panel Study-Ghoshal, S. Jog, U. Sinha, I. Ghosh
8. The
Pattern of Inbound Foreign Direct Investment into India-A. Sawhney, R. Rastogi
9. Sustainability
of India’s Current Account Deficit: Role of Remittance Inflows and Software
Services Exports-Aneesha Chitgupi
10. Green-Field
Versus Merger and Acquisition: Role of FDI in Economic Growth of South Asia-S.
Chaudhury, N. Nanda, B. Tyagi
11. Risk
Modeling by Coherent Measure Using Family of Generalized Hyperbolic
Distributions-Prabir Kumar Das
12. Impact
of Macroeconomic Variables on Stock Market—An Empirical Study-K. Dhingra, S.
Kapil
Trade and Development Interface: Implications for India and Emerging Economies
13. India’s
Trade-Sensitive Employment: A Comprehensive Firm-Level Analysis-B. Nag, S.
Khurana
14. Trade
Liberalization and Poverty Alleviation in Nigeria: The Complementary Role of
Institutions-Muftau Olaiya Olarinde, A. A. Bello
15. Trade
Liberalization, Growth and Poverty: Empirical Analysis for India-M. Pant, N.
Dhamija
16. An
Analysis of Labour-Intensive Exports to USA: Unlocking India’s Potential-Vijaya
Katti
17. UNECE
Agreements on Harmonization of Vehicle Standards and India: Empirical Results
and Policy Implications-D. Chakraborty, B. Nag
Analysis of Sector Level Growth and Development in India
18. Is
‘Make in India’ A Success? A Review from the Electronics Sector in India-S. Roy
Chowdhury, S. Rastogi
19. Financial
Inclusion and Telecommunication in India : A Study on Spillover Effect-Taufeeque
Ahmad Siddiqui, Kashif Iqbal Siddiqui
20. Environmental
Efficiency and Trade Theory: Evidence from Indian Metal Sector-M. Prasad, T.
Mishra
21. Prospects
for Air Services in Indonesia Under Modified General Agreement on Trade in
Services: India–China Dimension-Anil K. Kanungo, Abhishek Jha
Pooja Lakhanpal is Associate Professor at Indian
Institute of Foreign Trade, New Delhi. She obtained her PhD in Humanities and
Social Sciences from Indian Institute of Technology, Mumbai in 2000. Dr.
Lakhanpal has more than 27 years of work experience in both industry and
academics. She has worked in the corporate sector with reputed firms like Tata
Consultancy Services, Drshti Strategic Research Services, AC Nielsen and
Silverline Industries amongst others, in domain areas of Strategic Consulting
and Business Research. She has also been associated with leading Indian
corporates like Reliance Industries, Godrej, M&M and globally reputed firms
like Unilever, P&G, Samsung, Toyota, Bayer, J&J, Kellogg’s, BNP Paribas
to name a few. Dr. Lakhanpal has also worked with various PSEs, Ministries,
State Governments and Export Promotion Organisations. She was also a recipient
of National Education Leadership Awards “Best Teacher in Human Resource
Management” in July 2016 and was awarded “Best Professor in Human Resource
Management” by World HRD Congress in February 2019. Her work was awarded “Best
Paper” in the 5th International Conference on Social Sciences held in September
2018 at Colombo, Sri Lanka. Her research interests include sustainable business
practices, business excellence & organisational transformation, corporate
social responsibility, international business negotiations, human resource
management etc.
Jaydeep Mukherjee is Associate Professor at Indian
Institute of Foreign Trade, New Delhi. He was a Gold Medallist in Economics
from Jadavpur University both at the undergraduate (Bachelors) and postgraduate
(Masters) levels and was awarded PhD from the same instiution in 2006. He has
around 18 years of teaching and research experience and has completed more than
15 funded research projects sponsored by reputed organizations in India and
abroad, namely, International Finance Corporation (IFC) under World Bank,
DFID-UK, PwC, Reserve Bank of India, Ministry of External Affairs, Spices
Board, Ministry of Statistics and Programme Implementation, Ministry of
Commerce and Industry, Government of India, Indian Embassy in Iran, etc. Dr.
Mukherjee research papers are published in reputed peer-reviewed international
journals namely, Journal of Policy Modeling, Journal of Asian Economics,
Management Research Review, South Asian Journal of Macroeconomics and Public
Finance, Review of Market Integration, Journal of World Trade, Journal of World
Investment and Trade, Global Business Review, etc. He has also edited a book
titled ‘Trade, Investment and Economic Development in Asia: Empirical and
Policy Issues’. He is Associate Editor of Foreign Trade Review, quarterly
journal of Indian Institute of Foreign Trade. His current areas of teaching and
research interest include macroeconomic policy, open economy macroeconomy,
international finance, time-series econometric applications in macroeconomics
and finance, energy economics.
Biswajit Nag is Head of Economics Division and
Professor of Economics at the Indian Institute of Foreign Trade (IIFT), New
Delhi. He has been involved in empirical economic research for more than two
decades in addition to have taught both in India and overseas. He has been a
Visiting Research Fellow at the Institute of Developing Economies, Tokyo during
2018-19 and ICCR short term Chair Professor of India Studies at Ukraine in Feb,
2014. Earlier he was associated with Poverty and Development Division of
UNESCAP, Bangkok in 2003-04. Dr. Nag has completed number of projects for
Government of India and international agencies such as UN, World Bank, ADB,
WTO, EU, DFID, JICA etc. He is also an advisor on Global Value Chain to Asia
Pacific Research and Training Network on Trade (ARTNet) promoted by the
UN-ESCAP. He is also a member of GERPISA, a European Consortium of Researchers
on Automobile Sector. His current
research interest covers areas of international production networks, global
value chains, trade in services, regional trade agreements, trade and
development. He has authored and edited number of books: “My World with Rafiki:
An Economic Travelogue and Miscellany” (2014), “Business Innovation and ICT
Strategies” (co-authored, 2018), and “India’s Trade Analytics: Trends and
Opportunities” (co-edited, 2019).
Prof. Divya Tuteja is Assistant Professor at the
Indian Institute of Foreign Trade, Delhi since 2018. Earlier, she has also
taught as Assistant Professor (Ad-hoc) at the Delhi School of Economics,
University of Delhi from 2013 to 2018. She has also worked as a Manager in a
reputed private bank for a year. She has taught courses at the Masters (MBA and
MA Economics) and Ph.D. levels in the following areas, Business Economics,
Econometrics (both introductory and advanced), Growth Theory (introductory) and
Macroeconomics. She has also conducted training programmes for the Indian
Economic Service (IES) officers. She received her doctoral degree from the
Delhi School of Economics in 2015. She is recipient of the prestigious “Prof.
M.J. Manohar Rao Award” bestowed to Young Economist for the year 2018. Her
research interests include macroeconomics, applications of time series and
international financial markets where she has worked on inter-linkages across
international asset markets, impact of financial crises and the possibility of
‘financial contagion’. She has published in international journals such as
World Development, Economic Modelling, Singapore Economic Review and
Macroeconomics and Editors and Contributors xxv Finance for Emerging Market
Economies. She is currently involved in a government funded research project as
well. She has presented papers in more than 20 national and international
conferences.
