Faculty & Research

Research Productive

Show result

Search Query :
Area :
Search Query :
3721 items in total found

Working Papers | 1985

Inflation Accounting: Perspective and Prospects

Gupta Ramesh

During the last two decades, there have been several proposals on how financial statements should be adjusted to show the effects of Inflation. The earlier suggestions were to adjust the financial statements using a general price index. Lately the emphasis has been on current value accounting. In UK's SSAP-16 (and more recently ED 35) USA's FAS-33, Canada's section 4510 of CICA Handbook were considered landmark at the time of their issuance. Yet, every one of these proposals is having an uneasy time and lacks general acceptance. The status of inflation accounting remains fluid and confusing. The accounting profession, realising that theoretically there is no right answer, has opted to experiment the different approaches. Abandoning the experiment may prove risky and costly, if high inflation is to return. One can only conclude that inflation accounting remains a controversial topic and is likely to continue to be so in the near future.

Read More

Working Papers | 1985

Distribution and Development Effects of Tariff Subsidy Policies in a Small, Open Dual Economy

Das Gupta A and Gang Ira N

In this paper the effects of tariff cum subsidy policies in a small open dual economy with intersectoral migration are considered. The model used is an extended version of the mobile capital Harris-Todaro model of Corden-Findlay and McCool. Within this framework the effects of policies on unemployment, absolute incomes, inequality and development patterns are studied. The major results are that policies which result in traditional sector development are likely to reduce both unemployment and inequality. Furthermore, subsidies to traditional sector capital may be the best available subsidy in the presence of revenue constraints.

Read More

Working Papers | 1985

The Indian and Chinese Growth Experience as Case Studies in the Application of the Feldman-Mahalanobis Model Strategy under a Wage Goods Constraints

Kumar Saurabh

The Feldman-Mahalanobis model has played a very important role in shaping the industrialisation strategies of China and India and, of course, earlier the Soviet Union. An unstated, but crucial assumption in this model is that there exists a sufficiently large surplus of wage goods in the final/agricultural sector for the wage goods constraint not to impose limitations on the industrialisation possibilities. The paper attempts to examine the validity of this assumption in both India and China. It is argued that the wage goods constraint has been significantly constrictive in both the countries. A simple theoretical model is also attempted to bring out the consequences of such a circumstance.

Read More

Working Papers | 1984

Models of Productivity Measurement: A Study

Korgaonkar M G

The productivity Measurement has come a long way since the early attempts to define it as ration of outputs to inputs. Several complex factors have nevertheless continued to confound attempts to evolve sound measures of productivity. Nature of operations, types of outputs, quality and other structural changes of outputs over time, etc., are amongst such factors. The paper deals with models of productivity measurement at firm's level. The models can be grouped under four major categories: i) total productivity measures, ii) total factor productivity measures, iii) partial productivity measures, iv) composite productivity measures. A critical review is attempted to identify the main strengths and weaknesses of the suggested methodologies. The paper also discusses a comprehensive framework which attempts to relate the physical aspects of productivity measurement with the financial aspects. Other issues pertaining to the measurement problems are also considered. Finally attempt is made to identify areas needing further attention with regard to productivity measurement.

Read More

Working Papers | 1984

Why Dont We Learn?

Anil K. Gupta

Rural development is essentially a process of widening decision-making options of the majority of the poor. Creating choices without generating capacity to act might impair learning abilities of both, who create choices and also those who have to exercise these. Development agents, institutions and organizations often recognize after the fact that they failed to keep track of their learning vis-à-vis the learning of those with/for whom they worked. Cost of their learning is paid for by the poor who learn sometimes to be helpless. This paper lists certain aspects of mutual-monitoring for appropriate learning at both the ends. Development experimentation involves costs which are often paid by those who benefit least from it. Policy planners seem to know all about why developmental programmes fail and yet we have not learnt to be impatient with failures? Why don't we lean! How do we learn from those who have learned to live with our ignorance! The paper lists a few theorems on monitoring and learning besides identifying areas of future research.

Read More

Working Papers | 1984

Issues for Research on Rural Development in South Asia

Anil K. Gupta

There has been tremendous upsurge in writings on rural development during last decade. Incidentally the economic policies followed during this period in various countries of South Asia have intensified interventions has been not to resolve these contradictions, instead to contain them or dilute their implications which might destabilise the social structure. Academists have contributed to this situation but pursuing answers to the social problems defined in the same paradigm in which planners have done so. I have tried to dispute this tendency in rural development research by identifying few key areas in which dominant research paradigm needed to be radically altered. These areas are as follows: a) Rogesian vice in literature on technology generation and diffusion, b) Standardised design of institutions and organizations to serve dissimilar ecological concepts, c) Excessive reliance on credit as instrument of mobilising technological change without in any way modifying the package, d) Neglect of small farming and landless household in dry regions which failed to attract market forces, bureaucracy, academist and political attention, all alike. E) Growth centres bias in investment policies which like other policies rested on the assumption of trickle down. F) Training methodologies which were highly alienated from the real life problem context (as illustrated by excessive emphasis on PERT/CPM) and g) Recnet revival of international concern towards so called 'wastelands' and their privatization. Some other areas that need attention are: what should be the structure of district collectorate for 2000 AD, sole of collector and non-official bodies in local level planning. A greater debate is needed on this subject to redefine priorities in research and action.

Read More

Working Papers | 1984

Vinchur Handloom Weavers Cooperative Society: A Case Study

Shingi P M

This paper, based on the detailed study of a village level handloom cooperative, brings out various dimensions in relation to the survival of a handloom industry. The major finding of the study is that extremely low level of wages given to the handloom weavers is the major reason why the weavers are leaving handloom and entering into other trades which promise them relatively more income.

Read More

Working Papers | 1984

Manufacturing Resources Planning - A Study

Korgaonkar M G

The working paper on 'Manufacturing Resources Planning' or in short MRP-II present a study of one of the most significant software developments to have taken place in the field of Manufacturing Management in recent years. MRP-II can be regarded as a successor to an earlier development called Materials Requirement Planning (MRP). Details of MRP-II framework are discussed as applicable to process industry, repetitive manufacture and batch processing industry. Further, salient aspects concerning planning, organization and implementation of MRP-II projects are highlighted. Prerequisites of MRP-II including behavioral considerations are also considered. Essentially modular in concepts, MRP-II is a highly integrative approach which seeks to encompass almost the entire gamut of planning and control of production operations.

Read More

Working Papers | 1984

Indian Business Houses and Entrepreneurship: A Note on Research Trends

Tripathi Dwijendra

The working paper is the survey of the work done in relation to large Indian business houses. It suggests the areas of further research and also a strategy for research in Indian entrepreneurial behaviour.

Read More

Working Papers | 1984

On the Estimation of Elasticity in Economics

Das Gupta A and Misra P N

For the measurement of elasticity, given two observations of a bivariate relationship, the arc elasticity formula has been traditionally used by economists and statisticians. However, no proper statistical justification for this procedure exists in the literature. In this paper measures of elasticity on an arc are derived using widely accepted statistical criteria such as the minimum absolute deviation criterion and the least squares criterion. It is shown that in the linear bivariate case the minimum absolute deviation elasticity is the arc elasticity. However, the formulae according to the least squares criterion and other criteria differ from arc elasticity even in the linear case. A numerical comparison of formulae is also provided and these are assessed on the basis of a 'goodness of fit' statistic developed for this purpose.

Read More
IIMA