Department of Economics and Finance
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Item Infrastructure development and income inequality in India: an empirical investigation(Inder Science, 2020) Rao, N.V.M.The purpose of this paper is to investigate the relationship between infrastructure development and income inequality in India from 1991 to 2012, by using the auto regressive distributed lag (ARDL) bound testing approach. The co-integration test confirms the presence of a long run relationship between infrastructure development and income inequality. The ARDL test results indicate that infrastructure development does not help in reducing income inequality. Both inflation and economic growth amplify the income inequality both in the long run as well as the short run whereas trade openness comes out to be the indicator which is able to decrease the gap between rich and poor in India. The study calls for adopting economic policies and reforms which are aimed at developing and strengthening the infrastructure levels, bringing in more investment in order to achieve the much required inclusive growth, and ultimately reduce the income inequality currently prevailing in India.Item Infrastructure financing and economic growth in India: an empirical investigation(Emerald, 2018-10) Rao, N.V.M.This paper aims to suggest the preferred mode of financing for major sub-sectors of infrastructure: roads, seaports, telecommunication and energy by examining which mode of infrastructure financing – public, private or public–private partnership (PPP) – has the maximum positive impact on the overall GDP of India. The same exercise was carried out for the overall infrastructure sector by integrating data from all the four sub-sectors.Item Investigating the interlinkages between infrastructure development, poverty and rural–urban income inequality Evidence from BRICS nations(Emerald, 2016-09) Rao, N.V.M.The purpose of this paper is to investigate the relationship between infrastructure development, rural–urban income inequality and poverty for BRICS economiesItem An empirical investigation of the link between infrastructure development and poverty reduction: The case of India(Emerald, 2017-12) Rao, N.V.M.India is a developing nation where the marginal benefit of infrastructure development is tremendous. The purpose of this paper is to analyze the relationship between infrastructure development and poverty reduction for India using the yearly data from 1991 to 2015.