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The IUP Journal of Managerial Economics


May' 06
Focus Areas
  • Industries & Markets

  • Demand Forecasting

  • Consumer Behavior

  • Organizational Behavior

  • Small Business Enterprise

  • Cost & Revenue Analysis

  • Global Economy

Articles
   
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Dynamics of Inter-industrial Linkages in the Economy of Uttar Pradesh
Managing Municipal Solid Waste in India: Some Issues
Corruption Ranking of Nations and Its Association with Economic Variables
Pesticide Marketing: The Indian Scenario
Technological Performance: A Comparison of Domestic and Foreign Firms in Indian Industries after Liberalization
Impact of Liberalization on Exports and Imports of India
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Dynamics of Inter-industrial Linkages in the Economy of Uttar Pradesh

-- Nirankar Srivastav

The paper analyzes the dynamics of inter-industrial linkages for the economy of Uttar Pradesh within the Input-Output framework. It applies the Graph-theoretic approach for the categorization of industrial sectors and sectoral groupings, i.e., cluster analysis. This approach helps in classifying each industry into one of the five categories, namely, the `transmitter', `receiver', `carriers', `ordinary', and `isolate' sectors. In this way, six prominent industrial groups have been identified for the state economy. The significant inter-industrial dependency within a specific industrial group implies that it would be difficult to develop a single industry of the group in isolation. The group as a whole should be developed in order to yield maximum gains from the technological links of the sectors in the context of the overall regional development.

Article Price : Rs.50

Managing Municipal Solid Waste in India: Some Issues

-- C S Shylajan

Unmanaged urban solid waste poses a threat to public health and the quality of life for urban people, especially for the socially and economically weaker sections of society. In this paper, the problem of solid waste and environmental policies related to waste management in India have been critically examined. The existing policies in India are mostly regulatory in nature and they focus on command and control approach. A few policy recommendations have been made here, which can assist policymakers in implementing waste management strategies in India.

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Corruption Ranking of Nations and Its Association with Economic Variables

-- Nikhil Rastogi

The phenomenon of corruption seems to have pervaded countries and societies. Generally, poorer (less prosperous) nations have been found to be among the most corrupt nations in corruption rankings conducted by organizations of international repute. nations with higher proportion of economic activity in services are also seen to follow the same trend. These hypotheses have been tested empirically, using the corruption score data from the website of Transparency International; and per capita GDP (measure of prosperity) and service sector size data from the World Bank website. This paper finds that higher per capita GDP and the service sector size of a nation are associated with lower level of corruption in a nation. However, the levels of corruption in a developing nation can be better explained by the variables of per capita GDP and service sector size as compared to levels of corruption in developed nations. This can lead to policy implications for corruption eradication from the developed world as well as the developing world by the use of different methods. The paper also surveys the methods of corruption measurement with special emphasis on the methodology of Transparency International.

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Pesticide Marketing: The Indian Scenario

-- B S Hundal, Anand and Ramandeep Singh

India ranks 10th in the world in pesticide consumption as its total consumption amounts to about 500 million tonnes. India is presently the largest manufacturer of basic pesticides among the South Asian and African countries, with the exception of Japan. The Indian pesticides market is the 12th largest in the world with a value of US$0.6 bn, which is 1.6% of the global market pie. India is one of the most dynamic generic pesticide industries in the world, having a total installed capacity of technical grade pesticides consisting of large and medium scale and 400 pesticide formulators (of all sectors) spread all over the country for use in agriculture, public health, household and plant protection. Overall, it can be said that there is a bright future for agro-chemical companies in India in the post-patent era. This paper focuses on the opportunities arising for companies dealing in pesticides because of the agrarian nature of the Indian economy. Besides, it presents a conceptual framework of the situation prevailing in the marketing of pesticides in India with special reference to Punjab.

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Technological Performance: A Comparison of Domestic and Foreign Firms in Indian Industries after Liberalization

-- T J Joseph

This paper analyzes the extent to which the presence of multinational firms helps in technological capability building in Indian manufacturing industries, by comparing the technological performance of around 1800 domestic and foreign-owned firms in various industry groups after the liberalization of the economy in 1991. The technological performance has been captured using four technological indicators, viz., R&D intensity, export intensity, capital goods import intensity, and technology licensing intensity. The results show that there has been a substantial growth in the R&D intensity and export intensity of domestic-owned manufacturing firms in India after the liberalization. However, while the export intensity showed a slight upward trend for the foreign firms, the R&D intensity was more or less stagnant. The study also finds that the dependence on technology imports, either through embodied or disembodied channel, is declining. The results indicate that the technological capability building by both domestic and foreign firms is more industry-specific.

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Impact of Liberalization on Exports and Imports of India

-- Subhadip Roy

The impact of liberalization policies and opening up of the Indian market on the Indian economy was a debatable issue in India for a long time. Some of the political parties were staunchly against it as the opinion was that it could damage the economy of India and adversely affect the Indian people. In the real sense, the impact of liberalization was felt in India only after 1990. This paper finds out whether there have been any significant changes in foreign trade i.e., export and import after liberalization. The paper is divided into three parts. The first part of the paper deals with the path traced by foreign trade in India, which is basically a literature survey. The second part consists of a comparison between the exports and imports of the pre- and post-liberalization periods, using the time-series analysis. The third part consists of the conclusion and the scope for further studies.

Article Price : Rs.50
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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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Managerial Economics