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3848 items in total found

Working Papers | 1993

Forecasting Money Supply Using Box-Jenkins and other Procedures

Gupta G S

The big provides forecasts on the money supply in India during 1993-01 through 1995-04, using the quarterly data for the period 1970-01 to 1992-04 and several alternative appropriate statistical and econometric methods. Appropriate statistical and econometric methods. Appropriate statistical tests and accuracy measures have been applied to assess the credibility of the alternative methods and within the sample period forecasts. It is found that the forecasts through the Box-Jenkin's method are the most conservative while those from the decomposition method the most liberal ones, those through the regression and exponential smoothing fall in between the two extremes. Arguments have been advanced for their comparative strengths and weaknesses. As per the results, the money supply is expected to be around Rs.5,000 billion in Dec. 1995, and it could vary between Rs.4,764 billion and Rs.5,814 in that period.

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Working Papers | 1993

Project Management: Comparison of Practices in India and U K

Tripathy Arabinda

Resources are committed primarily for two purpose. In one case it is spent on meeting ongoing requirements and in other case for creating new facilities. The first category is classified as operational requirements and the second project. However, the definition of project as an one time endeavour, encompasses many areas other than creation of new facilities. It is possible to associate all types of projects to creation of facilities physical or otherwise and resulting in “benefits” to a set of beneficiaries.

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Working Papers | 1993

On Internalization of Externalities

Anil K. Gupta and Prakash Aseem

Externalities can be internalized through market mechanism, government regulation, or self-governing institutions or a mix of these institutions. We recommend the institutional route which minimizes total cost (sum of technology, management, and transaction costs) to the firm. These costs are influenced by the externality attributes (occurrence, polluter, spatial, time and technology). Different institutions may be appropriate for different stages and social contexts of an externality.

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Working Papers | 1993

Scale, Equity and Efficiency: A Stone May Kill More Than One Bird

Prakash Aseem and Anil K. Gupta

Policy goals of efficiency, equity, and sustainability may not be independent. Also the policy instruments. i.e. price mechanism, fiscal policy, and scale may be related. We need to find answers about who shall decide the scale at the national and international level? If equity and scale are related, the interests of the countries in the resource-intensive growth phase and of the post-industrial societies, my clash.

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Working Papers | 1993

A Note on Expansion Independence in Multiattibute Choice Problems

Lahiri Somdeb

Two appealing independence properties have been used by us to characterize the egalitarian, utilization and relative egalitarian choice functions.

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Working Papers | 1993

Jatropha Curcas L. : A Promising Non-edible Oil Seeds

Gurdev Singh, Seetharaman S P, and Chokshi S N

Jatropha curcas L. is a non-edible oil seeds which grows widely in some areas in Gujarat, Madhya Pradesh and Rajasthan where it is also grow as live fence on the boundaries of fields. Being hardy in nature it can survive in harsh soil and climatic conditions and is a suitable species for wastelands and marginal farm lands. To augment the supply of non-edible oils for industrial uses efforts were made to promote this species as a plantation crop among the farmers in Madhya Pradesh, Maharashtra and Rajasthan through public, cooperative and corporate sectors. However, so far success eluded every where. It was found that though the crop has shown a promise at experimental farm, it failed at the farmers level. Being a new crop, it warranted more intensive follow up by the promoters. The average yield obtained in the initial years by some farmers was less than one-third of the expected. As a result, many growers uprooted the crop after 2-3 years experience. As a result neither the cost of cultivation nor its economics could be established. Whether the cause for failure was improper package of practices or incompatibility of soil could not be ascertained. Whether it would give better results if propagated through cuttings needs to be established. Nevertheless it is potential source of non-edible oil and needs to be promoted for wastelands development. The strategy to promote the crop should include evolving optimum agronomic practices under irrigated and rainfed cultivation. The yield potential may be recorded for direct sowing of seeds and using cuttings. Proper extension service would be crucial especially in the new areas. To realise better returns marketing support at least in the initial years would be necessary. Some arrangements need to be made to ensure disposal of crop produce. Finally, supply of healthy seeds/cutting would be an important factor for the successful adoption and diffusion of this new plantation crop enterprise.

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Working Papers | 1993

Shifts in Multiattribute Choice Problems

Lahiri Somdeb

In this paper we study the responsiveness of choice functions to shifts in multiattribute choice problems.

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Working Papers | 1993

Axiomatic Characterization of the Equal Loss Choice Function for Multiattribute Choice Problems

Lahiri Somdeb

In this paper we provide an axiomatic characterization of the equal loss choice function for multiattribute choice problem.

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Working Papers | 1993

Axiomatic Characterization of the Cao Choice Function for Multiattribute Choice Problems

Prakash Aseem

In this paper we provide an axiomatic characterization of a choice function due to Cao (1981) multiattribute choice problems.

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Working Papers | 1993

How Managers Kindle Learning Processes

Ramanarayan S and Nair K Unnikrishnan

Organizational learning occurs when the insights and learnings of individual organization members are transferred to the larger organizational system. This paper examines how senior managers create processes which enable this transfer to take place effectively. It presents an empirical study, conducted in seven major sub units of a large, national organization engaged in R&D and project management. The various dimensions of organizational learning are: developing clear focus on objectives and plans for internal integration; being sensitive to people potential and needs; generating concern for long term planning and success; supporting experimentation/creativity; scanning the environment; and generating triggers for change and attending to development of capabilities. The results suggest that organizational processes do bear a significant association to these learning dimensions. Hence, for managers with the vision of building learning organizations, the effective management of organizational processes become crucial for fostering learning. Managers adopting developmental or nurturant-task styles of leadership, proactive methods of conflict management, and having an explicit agenda of change and innovation contribute to organizational learning. Further, the study shows that learning organizations are also high performance organizations. Some of the important themes that emerge from the study are: the necessity for empowerment of organizational members to take up learning challenges; supportive, nurturant, and facilitating approach of managers towards unlearning and relearning; and the significance of team learning.

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