Estimating marginal external costs of transport in Delhi

This paper develops the model and methodology to estimate the marginal external cost of urban road transport, which is necessary for analysing optimal urban transport prices. Four major marginal external costs analysed in this paper include the marginal external costs for congestion, air pollution, road accidents and noise. The paper estimates the marginal external costs for cars and buses in peak and off-peak periods for Delhi urban agglomeration for the year 2005.     

A semi-reduced form equation for the Sterling's real effective exchange rate

This paper derives and estimates a semi-reduced form expression for the UK's real effective exchange rate. The expression was derived following Blanchard and Kahn. Non-linear least squares and non-linear instrumental variables were used in estimation.     

皖西地区经济发展综合优势探析

区域经济的发展主要取决于对地区经济优势的综合利用.文章较为全面地分析了皖西地区地理区位、自然资源、农业基础、旅游文化等方面优势,提出集中有限的人财物,以特色产业为突破、旅游经济为先导,夯实农业基础,培植优势工业为主要内容的倾斜发展战略.并对特色农业、优势工业、旅游产业发展分别提了建议.     

Testing the rational expectations and structural neutrality hypotheses: Some further results for the U.K.

In this paper we test directly for the restrictions implied by rational expectations and structural neutrality. The tests are direct in the sense that they employ theLucas output equation father than the approximations to it, which replace the lagged output term by lagged monetary shocks, commonly considered in the literature. The direct approach is considered preferable because it avoids these ad hoc approximations and saves significantly on degrees of freedom. The latter permits us to pursue a fully nested testing procedure, which was not possible in earlier work employing postwar U.K. annual data. The main result is that the rational expectations restrictions are not accepted.     

工程项目知识管理组织模式研究

知识管理作为一种新型的管理模式与方法,已经被广泛地应用到各个行业中。文章对知识管理组织模式进行了一定程度的探讨,提出了以团队为基础的工程项目知识管理组织,以便在工程项目实施过程中能更有效地进行知识管理。     

论《管子》的社会保障思想

《管子》反映的我国先秦时期的社会保障思想,虽然没有形成完整、严密的体系,但它所包含的合理因素奠定了我国古代社会保障的基本框架。其中的以民为本、重视社会救济、强调构建农村社会保障体系、强化政府在社会保障工作中的作用等思想,在今天依然可以为我们所借鉴。     

Trade Liberalization and Productivity Growth: Evidence from Indian Manufacturing

The impact of trade liberalization on productivity growth is still an empirical issue; the theoretical literature is as yet unclear on the direction of any such association. This paper develops an analytical framework and employs it to empirically test whether trade liberalization in Indian manufacturing has raised total factor productivity (TFP) growth. The answer is in the affirmative. The results also support a key postulate of the new growth theories, that liberalization of the intermediate-good sectors has a larger favorable impact on TFP growth than that of the final-good sectors.     

Trade Policy,Equipment Investment and Growth in India

The relationship between trade policy and economic performance is one of the oldest controversies in economic development. In this paper, we examine an alternative mechanism through which trade reforms may impact on economic growth to those commonly discussed in the literature. This mechanism builds on the link between equipment investment and growth that has been observed in cross-country data. We argue that that in countries which have had highly restrictive trade policies with respect to capital goods, liberalization measures that specifically target capital goods imports may bring about a fall in the relative price of capital goods, leading to an increase in the rate of investment in equipment. Quantifying the link between trade policy, equipment investment and economic growth in the Indian case, we find strong support for this mechanism.