Working Paper No. 124 Technological Change and the Distribution of Schooling: Evidence from Green-Revolution India

Technological Change and the Distribution of Schooling: Evidence from Green-Revolution India

Social Learning, Neighborhood Effects, and Investment in Human Capital: Evidence from Green-Revolution India

This paper empirically identifies social learning and neighborhood effects in schooling investments in a new technology regime. The estimates of learning-investment rule from farm household panel data at the onset of the Green Revolution in India, show that (1) agents learn about schooling returns from income realizations of their neighbors and (2) schooling distribution of the parents’ generat...

The Green Revolution in Punjab, India: The Economics of Technological Change

This paper addresses the question of what explains the relatively rapid diffusion of ‘Green Revolution’ technology in Punjab, versus the rest of India. To construct an answer, the paper reviews studies that have attempted to explain the pattern of rapid innovation in Punjab agriculture, and suggests that there is no single explanatory variable that stands out in comparing Punjab with other Indi...

Should Indians Pay more for Renewable Energy Based Electricity? - The Need for Evidence Based Consumer Tariffs for Electricity in India

India seeks to achieve 175 Giga-Watt (GW) of Renewable power by 2022. As of December 2017, out of 333 GW of total installed capacity of electricity, close to 62GW come from renewable sources. Meeting the set targets calls for augmentation of renewable energy based capacities as expeditiously as possible. However, the sick financial health of the distribution companies/utilities, who act a...

International Capital Movements and Relative Wages: Evidence from U.S. Manufacturing Industries

In this paper, we use a multi-sector specific factors model with international capital mobility to examine the effects of globalization on the skill premium in U.S. manufacturing industries. This model allows us to identify two channels through which globalization affects relative wages: effects of international capital flows transmitted through changes in interest rates, and effects of international...