National Council of Applied Economic Research
The IHDS Forum is a monthly update of socio-economic developments in India by the IHDS research community, based on the India Human Development Survey, jointly conducted by NCAER and the University of Maryland. While two earlier rounds of the survey were completed in 2004-05 and 2011-12, respectively, the third round has also been launched and... Read More
According to the GDP estimates by economic historian Angus Maddison, 1st century CE onwards India had the largest share of global GDP for 1500 years and shared the top spot with China until 1870. Today, with India becoming the world’s fifth-largest economy, it is no longer unrealistic to pose the question whether China and India can again... Read More
In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the pulse of the economy through an analysis of high-frequency indicators and the heat map. MRE February 2024 Report Click here for previous issues
The IHDS Forum is a monthly update of socio-economic developments in India by the IHDS research community, based on the India Human Development Survey, jointly conducted by NCAER and the University of Maryland. While two earlier rounds of the survey were completed in 2004-05 and 2011-12, respectively, the third round has also been launched and... Read More
Despite recent expansion in its population covered by public-funded insurance, a large section of India’s population remains at major financial risk from health shocks. This segment of population, sometimes referred to as the “missing middle,” typically consists of population groups that are, or have been, engaged in informal sector work, and are not poor enough... Read More
India is thriving in the allied agriculture sector, with fishery, dairy, and livestock being vital livelihood support for millions. The fishery, recognized as a 'Sunrise Sector', has seen a double-digit average annual growth of over 10% in 2021-22, supporting around 28 million people, including marginalized and vulnerable communities. India is the third largest fish-producing country... Read More
Globalization is not over, but it is being reconfigured by events. Internationally, there are economic and political tensions between the United States and China. Both countries have responded with import tariffs, export controls, and foreign investment restrictions that have led to a decline in the relative importance of bilateral trade and the collapse of bilateral... Read More
This paper examines whether IMF lending is associated with increases in outflows to offshore financial centers (OFCs), known for bank secrecy and asset protection, relative to other international destinations. Using quarterly data from the BIS on bilateral bank deposits, we are unable to detect any positive and statistically significant effect of IMF loan disbursements on... Read More
The Social Accounting Matrix (SAM) for India was historically constructed based on Input-Output table (IO). But from 2011-12, Government of India, is publishing Supply-Use table, instead of input-output table. While erstwhile Input-Output Table published by Government of India had same number of products and industries, Supply-Use table provides one ‘Supply matrix’ and one ‘Use matrix’,... Read More
Firms and policy makers are increasingly looking at friend-shoring to make supply chains less vulnerable to geopolitical tensions. We test whether these considerations are shaping FDI flows, using investment-level data on over 300,000 instances of greenfield FDI between 2003 and 2022. Estimates from a gravity model, which controls for standard push and pull factors, show... Read More
