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Perspectives on Economic Development and Policy in India: In Honour of Suresh D. Tendulkar

I Economic Reforms and Policy Formulation Planning, Poverty and Political Economy of Reforms: A Tribute to Suresh D. Tendulkar Introduction National Planning: Models and Empirical Research Suresh’s Research at ISI The Initial Agenda: Consumption and Growth Planning and Development Issues Suresh’s Research at DSE (1978-2011)India and the World Economy Political Economy of Reforms Inequality in India Some Data-Based Issues Inequality Since 2000 Poverty Before and After 2000 Related Studies Econometric Exercises Revision of Poverty Measurement by the Tendulkar Committee Conclusion References Understanding Economic Reforms for India: A Book Review Assessment of Well-Being in Multidimensional Perspective in Post Reform India Introduction Changes in Economic Welfare and Inequality Unidimensional Measures Trends in Economic Welfare and Inequality: 1983-2010 Trends in Real MPCE Trends in Social Welfare Trends in Inequality Decomposition of Poverty Reduction Between 1993/94 and 2009/10 Decomposition of Atkinson Measure of Inequality Can Growth Explain Well-Being and Inequality?Performance of States in Poverty Reduction Poverty Among Social Groups Multidimensional Poverty Ranking of States in Multiple Deprivations and Performance Ranking of States in Multiple Deprivations Ranking of States by Progress in Reduction of Multiple Deprivations Conclusion References II Poverty and Inequality What Kinds of Economic Inequality Really Matter?Introduction Forms of Economic Inequality Moral Arguments Ensure that All Members of the Society.Promote Equality of Opportunity for All Citizens Political Arguments Promote Social Cohesion Promote Democratic Vitality Economic Arguments Improve the Development and Allocation of Human Resources Reduce Economically Costly Tensions and Conflict Promote Cooperative Solutions to Coordination Failures Social Arguments Improve the Health Status of Much of the Population Promote a Better Quality of Life by Reducing the Over-Valuation of Purchasing Power Promote Greater Ecological Sustainability Conclusion References Variable Populations and the Measurement of Poverty and Inequality: A Selective Overview Introduction Preliminaries: Concepts and Definitions Notation Axioms for the Measurement of Poverty Some Well-Known Measures of Poverty Axioms for the Measurement of Inequality Some Well-Known Real-Valued Measures of Inequality Parfit’s ‘Theory X’ and Poverty Measurement: Some Parallels Variable Population Poverty Comparisons Variable Population Inequality Comparisons Summary and Conclusions References Some Recent Trends in Population, Employment and Poverty in India: An Analysis Introduction Population Census: Some Key Results Changes in Age-Distribution and the Issue of Demographic Dividend Dimensions of Size and Quality of Employment 2004-05 to 2009-10 Dealing with. Divergences in Population Estimates from the Population Census and the NSS Surveys Activity-Status Ratios: 2005-2010 The Employed, the Unemployed and the Students Industrial Distribution, Productivity Growth and Real Wages Some Issues in the Measurement of Poverty in India On the Working Poor and the Other Poor in BPL-Households Summary and Conclusions References Estimation of Calorie Norms and Measurement of Food Intakes: Some Implications for the Magnitudes of the Prevalence of Undernutrition in India Introduction: Context and Objectives Defining the Energy/Calorie Norms Evolution of Indian Norms Sensitivity of Norms and POU Estimates to Changes in Demographic Structure Redefining the Reference Adult’s Weight and Height Changing Assumptions About the Physical Activity Status and BMI Measuring Nutrient Intakes Method of Dietary Assessment and Recall Period Accounting for Meals Taken Outside the Home The POU Using Household Composition to Derive the Norms Other Sources of Measurement Error Relating the Prevalence of Undernutrition to Anthropometric Outcomes Conclusions References III Development and Trade Capital Flows and Exchange Rates The Indian Experience Introduction Trends in Capital Flows Global Backdrop Indian Experience Exchange Rate Policy Capital Flows and Exchange Rates: A Theoretical Model Econometric Methodology Tests for Non-stationarity Co-integration and Granger Causality Impulse Response Analysis Variance Decomposition Analysis Empirical Results Conclusions References Determinants of Import Intensity of India’s Manufactured Exports Under the New Policy Regime Introduction Industry-Level Analysis Firm-Level Analysis Import Intensity of Exporting Versus Non-exporting Firms A Model of Import Intensity Determinants of Decisions to Export and Import Conclusion References

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