Department of Economics and Finance
Permanent URI for this collectionhttp://localhost:4000/handle/123456789/1929
Browse
115 results
Search Results
Item A Modified Inter-digital EBG Reflector for MBAN Applications(Wiley, 2018-12) Rano, DineshA modified, compact, and via-less interdigital electromagnetic band gap cell intended for wearable application at medical body area network (MBAN), and Wi-Fi bands is reported in this article. The reflection phase of the proposed EBG unit cell is then investigated to design a reflector consisting of 3 × 2 array of EBG cells for an efficient radiation of a planar monopole antenna. The size and shape of the EBG unit cell has been designed in such a way that it achieves 0° reflection phase with minimum dimension of 14.3 and 15.34 mm along x-axis and y-axis, respectively. Subsequently, the surface wave rejection ability of the EBG incorporated ground plane is also studied and presented in this article. A planar monopole antenna incorporating the proposed EBG reflector at MBAN frequency exhibits gain, and efficiency of 6.4 dB, and 95%, respectively, and has net dimension of 34 mm × 55 mm × 4.67 mm along x-axis, y-axis, and z-axis, respectively. Finally, specific absorption rate (SAR) analysis carried out for one layer, homogenous model, and three-layer, heterogeneous model, shows a considerable reduction in SAR values for 0.5 W of power fed to the antenna. The effectiveness of the proposed approach is demonstrated through good agreement between the simulated and the experimental results.Item Measurement of Trade Costs, its Determinants and Trade Growth. Accounting for India with its Asian Trading Partners(ICPE, 2016-02) Arora, RahulGravity model of international trade established a fact that international trade of an economy is highly affected by the trade costs incurred locally and across borders. These costs are the difference between production cost of a traded commodity and its price paid by the ultimate buyers. The present study calculates the trade costs of Indian economy with its Asian trading partners. The study is developed in three stages: It measures the trade costs for India with its trading partners from the Asian region; it also estimates the determinants of trade costs by using the data on the available trade cost proxies; and thereafter, it decomposes the growth of Indian trade into the contribution of growth in income, the contribution of the decline in bilateral trade costs, and the contribution of the decline in multilateral resistance. It is found that the trade costs of India with all its Asian partners have declined throughout the whole study period (1995-2013). The decline in Indian trade costs was the highest in West Asia followed by Southeast Asia, East Asia, South Asia, and Central Asia. The variables, used as determinants of trade costs, namely: contiguity, distance, tariffs, non-tariff barriers, exchange rate, and port infrastructure, behaved according to the theoretical expectations. Furthermore, the decomposition of the growth of Indian trade with Asian partners revealed that the decline in the relative bilateral trade costs was the driving force of growth of Indian trade with all the Asian regions.Item Goods Trade Liberalization Under Canada-India FTA and Its Impact: Partial and General Equilibrium Analysis(Springer, 2017-12) Arora, RahulThis chapter uses the partial (SMART) and general equilibrium (GTAP) tools to assess and simulate the impact of complete trade liberalization of ‘All’ and ‘Specialized’ products’ between India and Canada under the proposed Canada-India free trade agreement (FTA).The simulation results obtained from both of the analyses (partial and general equilibrium analyses) indicate that India would invariably gain more (than Canada) in terms of welfare change and consumer surplus when ‘All’ or ‘Specialized’ products of Canada enters India in comparison with the scenario when Indian ‘Specialized’ and ‘All’ products enters Canada. This study recommends the reworking of benefits and costs associated with Canada-India FTA in the presence of WTO plus and extra provisions.Item Calculation of Ad Valorem Equivalents of Non-Tariff Barriers: A Case Study of 16 RCEP Countries(Springer, 2017-12) Arora, RahulThis chapter provides the calculation of ad valorem equivalents (AVEs) of nontariff barriers, particularly those barriers that increase both the time to import and the time to export goods between two trading partners. The calculation considers the example of 16 member countries of the proposed Regional Comprehensive Economic Partnership (RCEP) agreement. This chapter evaluates the impact of trade facilitation in RCEP countries on their bilateral trade flows and other macroeconomic variables. Using an econometric approach, sectorwide AVEs of the time to import and the time to export have been calculated through the estimation of an augmented version of the gravity model.Item Theoretical Exposition of Some Ex Ante Approaches to Assess the Proposed Trade Policy(Springer, 2017-12) Arora, RahulThis chapter explains the partial and general equilibrium approaches of evaluating proposed changes in trade policies. It discusses some of the empirical methods available in trade policy research that have been presented in earlier chapters. Advance references and online links are given for detailed reading. This chapter is very important for those readers who have initiated and planned their research in the field of empirical analysis of international trade policy issues. It will guide them in choosing appropriate methodology and acquiring data for their research work.Item Developments in International Trade Theory and Gravity Modelling(Springer, 2017-12) Arora, RahulThis chapter discusses advances in international trade theory and gravity modeling with an explanation of the reasons behind gains from trade. The changing pattern of trade over time has also changed the explanation of the emergence of gains from trade, which provides room for new trade theories. Initial theories of trade, known as traditional trade theories, explain the pattern of trade in terms of comparative advantage. But with the passage of time, the emergence of trade in intermediates and services has provided new reasons for trade and hence has led to the advent of new trade theories. This chapter will explain the different reasons behind international trade.Item Theorizing International Trade(Springer, 2017) Arora, RahulThis book discusses the developments in trade theories, including new-new trade models that account for firm level trade flows, trade growth accounting using inverse gravity models (including distortions in gravity models), the impact of trade liberalization under the aegis of regional and multilateral liberalization efforts of economies using partial and general equilibrium analysis, methodologies of constructing ad valorem equivalents of non-tariff barriers, volatility spillover effects of financial and exchange rate markets. The main purpose of the book is to guide researchers working in the area of international trade, especially focused on empirical analysis of trade policy issues by updating their knowledge on issues related to trade theory, empirical methods, and their applications. The book would prove useful for policy makers, academicians, and researchers.Item Impact of Firm Specific and Macro-Economic Factors on the Level of Underpricing of Initial Public Offerings (IPOs) : Evidence from the Indian Market(Associated Management Consultants, 2018-02) Pandey, AprajitaThe purpose of this paper was to examine the impact of firm specific and macro-economic factors on the level of underpricing of firms going for initial public offerings (IPOs) in the National Stock Exchange, India. We considered firms that went for IPOs on the National Stock Exchange during the period from 1999-2016, which was further segregated to quarterly observations. Both traditional method and market adjusted abnormal rate of returns (MAAR) methods were used to gauge underpricing. The study found that among the firm specific variables, issue price and firm age were significant in influencing the level of underpricing. Inflation, market volatility, market returns, and economic activity had greater explanatory power than other macro-economic variables on underpricing. The study contributes to the vast literature of determinants of underpricing as most of the study focused on firm-related factors only; this study has given some insights on the role of macro-economic factors to explain underpricing.Item Do fdi and public investment crowd in or crowd out private domestic investment in India(Project Muse, 2014) Bal, Debi PrasadThis paper examines the dynamic relationship between Private Domestic Investment (PDI), Foreign Direct Investment (FDI) and Public Investment (PU) in India for the period 1978-79 to 2009-10. Zivot and Andrews test has been used to know the structural break points in the data series. The empirical results derived from structural VAR model indicate that FDI has crowding in effects on PDI, whereas, PU neither Ôcrowd outÕ nor Ôcrowd inÕ PDI. Further, we found the evidence that shocks in PU and PDI have positively improved the FDI inflows in IndiaItem Public debt and economic growth in India: A reassessment(Elsevier, 2014-08) Bal, Debi PrasadThis paper examines the effect of public debt on economic growth in India between 1980 and 2011. Using the autoregressive distributed lag ARDL model, the paper traces a long-run equilibrium relationship between public debt and economic growth. The error correction model (ECM) results show that central government debt, total factor productivity (TFP) growth, and debt-services are affecting the economic growth in the short-run, and that the results are consistent with our a priori expectation. It is recommended that the government should follow the objective of inter-generational equity in fiscal management over the long term in order to stabilize debt-GDP ratio, particularly, after the global financial crisis.