A General Equilibrium Analysis of VAT in India

Indian industry is under pricing pressure after the government cut tariffs in a phased manner as per the WTO agreements. In order to be competitive, the consensus opinion in government, academics and industry is the implementation of a VAT in India. The paper evaluates the welfare implications of a VAT in the static and a sequentially dynamic context after accounting for the political and administrative constraints facing the Indian government in implementing a VAT. Replacing the old indirect tax structure with a VAT is welfare worsening. The increase in final consumer prices on account of reduced tax base leads to higher price of essentials, causing welfare loss. Zero rating v/s exemption plays an important role on welfare, with lower welfare loss if essential commodities are exempt from VAT. Agriculture sector unambiguously plays a crucial role in welfare.     

General Equilibrium Analysis of India's Trade Reforms

WTO membership for India implies cutting tariffs in a phased manner. A general equilibrium approach is used to evaluate its impacts. The study analyses both the reduction and elimination of tariffs. With a small country assumption, there are welfare gains by liberalizing trade. With a large country assumption, welfare gains are observed when a CET transformation function is used and welfare loss in its absence.     

A PRACTITIONER'S DECISION MODEL FOR THE TOTAL COST OF OUTSOURCING AND APPLICATION TO CHINA,MEXICO, AND THE UNITED STATES

Outsourcing of manufacturing to Mexico and China includes costs that are not always considered and benefits that are not always correctly quantified. An analytical model for determining outsourcing costs was developed and results from that model are presented. Using that model, the sensitivity of outsourcing costs to several variables was modeled and analyzed. Guidance is provided regarding factors to consider in an outsourcing decision.     

INCOME‐GENERATING ACTIVITY: AN AVENUE TO IMPROVE THE SUSTAINABILITY OF SHGs

Self‐help groups (SHGs) are formed to work for increased income through collective effort and use of banking facilities by initiating some income‐generating activities taking advantage of the financial strength of a group. Taking into consideration the significance of SHGs to economic growth, the present study analyzes and compares the management of the income‐generating activities of SHGs in rural and urban areas. It also explores the extent of resource mobilization through various income‐generating activities, and the constraints faced by the SHGs while undertaking these activities. It is an exploratory research in which a multi‐stage stratified cluster random sampling technique was used for the selection of SHGs. Data were collected at group level and member level through purposely developed interview schedules and focused group discussions. The study revealed that, because of various financial and marketing‐related problems occurring while initiating and conducting the activities, very few SHG members actually started new income‐generating activities. Testing of hypotheses indicated that SHGs do not fulfil all the requirements of income‐generating activities carried out by its members. An overall low to medium level of resource mobilization by a majority of the SHGs presented a poor picture of SHGs in generating resources for undertaking entrepreneurial activities.     

Perceived superiority of female condoms among female sex workers in India

• This study emphasizes the importance of benefit orientation and the competitive advantage of benefits accrued from an improved social product vis‐à‐vis a current social product as components of a social marketing strategy in order to improve the effectiveness of behaviour change attempts. The views towards female and male condoms of 1939 female sex workers (FSWs) from nine cities in five states of India were investigated. FSWs perceived better peer and male client support, and a more attractive marketing strategy for female condoms over male condoms and thus were likely to use female condoms.

Copyright © 2013 John Wiley & Sons, Ltd.     

Impact of board gender diversity on dividend payments: Evidence from some emerging economies

This study investigates the impact of board gender diversity on dividend payments in the context of emerging economies. Using a dataset of listed firms from India, China and Russia over the period 2007–2014, we find strong and robust evidence indicating that board gender diversity is negatively related to cash dividend payments in all emerging economies. Moreover, we find that state-ownership positively moderates the relationship between gender diversity and dividend payments. However, this effect is observed only for China and Russia. In additional analyses, we find that the negative link between board gender diversity and dividend payments is more pronounced during the financial crisis. However, the moderating role of state-ownership does not remain significant during the financial crisis.     

Outsourcing and strategic alliances for product development: a case of Banta Digital Group

Banta Digital Group (BDG) is a pre media company needing to fill a void in the market it serves. This need could be met by an application that consisted of software and database development. A problem arose due to two conditions. First, the company was late getting to the market with this product. Second, the company did not have dedicated resources to work on this project. BDG needed to adopt a solution that comprised of outsourcing and strategic alliances to fill this market need. The study reports how the company selected and managed strategic alliances through the creation of a virtual team. It also reviews details of the new business operating system instituted to foster an environment for further product and process innovation. Finally, the proposed approach used in this unique type of product development is described, which is also applicable in many business situations.     

A Comparison of Consumers and Dieticians: Nutrition Focus,Food Choice,and Mental Accounting

Nutrition labels on processed foods are becoming more common throughout the world. How do experts and consumers compare at using this information? This study compares three different conceptualizations of expertise—a body of knowledge, better processing skills, and a greater facility for mental accounting. A survey was used to compare 237 consumers over age 40 with 131 dieticians. We examined the focuses, choices, and mental accounting of food selections. The results demonstrate similar focuses, food choices, predictability, and mental accounting by both groups on all three conceptualizations of expertise. This suggests that nutrition labels benefit both consumers and experts.     

The politics of natural disasters in protracted conflict: the 2014 flood in Kashmir

This paper explores the politics of the 2014 floods in the contentious and conflict-prone Indian state of Jammu and Kashmir. The September 2014 floods were the most serious natural disaster in the state in the past 60 years, and affected some two million people in the Kashmir valley. Drawing on qualitative interview evidence from 50 flood victims in south, central and north Kashmir, the paper examines the extent to which the disaster transformed existing political narratives. In doing so, it examines the role of the state and central governments, the army, local volunteers, and the media. The paper engages with the politics of disaster literature, exploring how disasters can serve as a lens rather than as a catalyst, and stressing the relevance of understanding the social construction of disaster narratives.