Working Papers
Links to Working and Policy papers: ICRIER http://icrier.org/publications/others/ . Planning Commission https://niti.gov.in/planningcommission.gov.in/docs/reports/wrkpapers/index.php?repts=wrkpap . EGROW https://egrowfoundation.org/research/ .
Pandemic, Poverty and Inequality: Evidence from India, Surjit Bhalla, Karan Bhasin and Arvind Virmani, IMF Working No WP22/69, April 2022. https://egrowfoundation.org/research/pandemic-poverty-and-inequality-evidence-from-india/
India's Second Covid Wave, Arvind Virmani, Working Paper No WsRes1/21, May 2021. drive.google.com/file/d/1xFgG2vuoPr87tGSwORhI7QU675n-ScVv/view?usp=sharing .
Effectiveness of Containment Policies: Corona Virus Cases and Death rates, EGROW working paper no 5, July 6, 2020. EGROW WP No 05 _6_july.docx .
(with Karan Bhasin), "Goods and Services Tax: Structural Reform", EGROW working paper no 4, June 2020, https://egrowfoundation.org/site/assets/files/1360/egrow_wp_no_04_2020.pdf .
(with Surjit Bhalla), "COVID-19: Arrival and Departure," EGROW working paper no 3, May 2020, https://egrowfoundation.org/research/covid-19-arrival-and-departure/ .
(with Karan Bhasin) "Growth Implications of Pandemic: Indian Economy," EGROW Working Paper No. 3, Foundation For Economic Growth and Welfare, April, 2020. EGROW WP No 03 2020 b.docx .
"Growth Recession: J Curve of Institutional Reform, Working Paper No.1/2020, Foundation for Economic Growth and Welfare, February 2020, GrRecession_Jcurve_WP2020Feb.docx , March 2020
"GDP growth 2011-12 to 2018-19," Working Paper No 1/2019, June 2019,GDP2012-19b.docx . (Revised version with expanded concluding section); "Policy Reform for reviving fast growth" https://egrowfoundation.org/research/policy-reforms-for-reversing-slowdown-and-accelerating-gdp-growth/ .
"Investment: Corporate India and Indian Households," Working Paper No. 1/2018, June 2018.
"Deceleration, De-Monetization and GST: Growth Prospects and Policy Solutions," Working Paper No 2/2017, September 2017. GrowthDeceleration2017sep.docx .
"China's Growth Slowdown and Effect on India," Working paper No 1/2017, February, 2017. ChinaIndia17febWp.docx .
"Fall and Rise of India", Working paper No. WsWp 1/2013, October 2013. IndiaEcHistory13Nov01.docx
"Undernurishment of Children: Causes of Cross-country Variation," Working paper No.WsWp 4/2012, October 2012 [WsWp 4/2012 Nutrition12oct.docx].
“Accelerating And Sustaining Growth: Economic and Political Lessons,” IMF Working Paper No. WP/12/185, July 2012 [ http://www.imf.org/external/pubs/cat/wp1_sp.aspx?s_year=2012&e_year=2012&brtype=default].
"Sustaining Fast Growth in India : Economic and Political Lessons", Working paper No.WsWp 3/2012, June, 2012 [WsWp 3/2012 HGEIndia1012june30.pdf ]
"Economic Power as the Foundation of Global Power : The Evolution of Global Power Potential", Working paper No.WsWp 2/2012, May 2012 [WsWp 2/2012 BalanceOfPower12may.pdf ].
“IMF Governance and Quota Reform,” Working paper No. WSWP2/2011 , September 2011. [WSWP2/2011 ImfQuotaReform11Dec.pdf ].
“Global Economic Governance: IMF Quota Reform,” IMF Working Paper No WP/11/208, July 2011. http://www.imf.org/external/pubs/cat/longres.aspx?sk=25198.0 [WSWP1/2011 ImfQuotaReform11jul31.docx ].
With Danish Hashim, “The J curve of Productivity and Growth: Indian Manufacturing Post-Liberalization,” IMF Working Paper, No WP/11/263. July, 2011. http://www.imf.org/external/pubs/cat/longres.aspx?sk=25029.0
with Danish Hashim and Ajay Kumar, “Impact of Major Liberalisation on Indian Manufacturing: The J Curve Hypothesis,” Working paper No. 5/2009-DEA, Ministry of Finance, September 2009. http://www.finmin.nic.in/workingpaper/ProductivityJcurve09sept.pdf , http://www.finmin.nic.in/workingpaper/index.asp.
with Danish Hashim, “Factor Employment, Sources and Sustainability of Output Growth: Analysis of Indian Manufacturing,” Working paper No. 3/2009-DEA, Ministry of Finance, April 2009. http://www.finmin.nic.in/workingpaper/FactorEmploymentSourcesSustainability.pdf , http://www.finmin.nic.in/workingpaper/index.asp.
“Macro-economic Management of Indian Economy: Capital Flows, Interest Rates and Inflation, Working paper No. 2/2007-DEA, Ministry of Finance, November 2007. http://www.finmin.nic.in/workingpaper/index.asp, http://www.finmin.nic.in/workingpaper/2_2007_DEA.pdf .
“Causes of Child Malnutrition In India,” Working Paper No. WsWp 1/2007, July 2007. MalnutritionChild07July.docx
“The Sudoku of Growth, Poverty and Malnutrition: Lessons For Lagging States,” Working Paper No. 2/2007-PC, Planning Commission, July 2007. http://planningcommission.nic.in/reports/wrkpapers/wp07StJl12.pdf , http://planningcommission.nic.in/reports/wrkpapers/index.php?repts=wrkpap.
“Planning for Results: Public Accountability Information System,” Working Paper No. 1/2007-PC, Planning Commission, March 2007. http://planningcommission.nic.in/reports/wrkpapers/wp_07Pais.pdf , http://planningcommission.nic.in/reports/wrkpapers/index.php?repts=wrkpap.
with Barry Bosworth and Susan M. Collins, “Sources of Growth in the Indian Economy,” NBER Working paper No. 12901, February 2007. http://www.nber.org/papers/w12901 .
“China’s Socialist Market Economy: Lessons for Developing Democratic Countries,” Working Paper No. 5/2006-PC, Planning Commission, June, 2006. http://planningcommission.nic.in/reports/wrkpapers/wp_pc6china.pdf or https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwj0lueWue_yAhUCyjgGHSdTDDk4ChAWegQIFxAB&url=https%3A%2F%2Fniti.gov.in%2Fplanningcommission.gov.in%2Fdocs%2Freports%2Fwrkpapers%2Fwp_dc_pdel.doc&usg=AOvVaw0lOdB4QxRI33fsNmD3uy9C .
"Domestic Market Integration" with Surabhi Mittal, Working Paper No. 183, ICRIER, July 2006, http://www.icrier.org/page.asp?MenuID=24&SubCatId=175&SubSubCatId=296 , http://www.icrier.org/publication/working_papers.html.
“The Dynamics of Competition: Phasing of Domestic and External Liberalisation in India,” Working Paper No. 4/2006-PC, Planning Commission, April 2006. http://planningcommission.nic.in/reports/wrkpapers/wp_dc_pdel.pdf , http://planningcommission.nic.in/reports/wrkpapers/index.php?repts=wrkpap.
“Sustaining Employment and Equitable Growth: Policies For Structural Transformation Of The Indian Economy,” Working Paper No. 3/2006-PC, Planning Commission, March 2006. http://planningcommission.nic.in/reports/wrkpapers/wk_pov306.pdf , http://planningcommission.nic.in/reports/wrkpapers/index.php?repts=wrkpap.
“Lessons Of Government Failure: Public Goods Provision And Quality of Public Investment,” Working Paper No. 2/2006-PC, Planning Commission, February 2006. http://planningcommission.nic.in/reports/wrkpapers/wk_pov206.pdf , http://planningcommission.nic.in/reports/wrkpapers/index.php?repts=wrkpap.
“Poverty And Hunger In India: What is needed To Eliminate Them,” Working Paper No. 1/2006-PC, Planning Commission, February 2006. http://planningcommission.nic.in/reports/wrkpapers/wk_pov106.pdf , http://planningcommission.nic.in/reports/wrkpapers/index.php?repts=wrkpap.
China’s Socialist Market Economy: Lessons Of Success, Working Paper No. 178, ICRIER, December 2005. http://icrier.org/pdf/Wp178China.pdf, http://icrier.org/?s=working+papers
Global Power From The 18th To 21st Century: Power Potential (VIP2), Strategic Assets & Actual Power (VIP), Working Paper No. 175, ICRIER, November 2005. http://icrier.org/pdf/WP175VIPP8.pdf, http://icrier.org/?s=working+papers
Policy Regimes, Growth and Poverty in India: Lessons of Government Failure and Entrepreneurial Success!, Working Paper No. 170, ICRIER, October 2005. http://icrier.org/pdf/WP170GrPov11.pdf, http://icrier.org/?s=working+papers
With Vipul Bhatt, “Global Integration of India’s Money Market: Interest Rate Parity in India,” Working Paper No. 164, ICRIER, July 2005. http://icrier.org/pdf/wp164.pdf, http://icrier.org/?s=working+papers
A Tripolar Century: USA, China and India, Working Paper No. 160, ICRIER, March, 2005. http://icrier.org/pdf/wp160.pdf , http://icrier.org/?s=working+papers
with Sanghamitra Sahu, “Structure of the Household Sector Asset Portfolio In India,” Working Paper No. 157, ICRIER, March 2005. http://icrier.org/pdf/wp157.pdf , http://icrier.org/?s=working+papers
Economic Performance, Power Potential and Global Governance: Towards a New International Order, Working Paper No. 150, ICRIER, December 2004. http://icrier.org/pdf/wp150.pdf, http://icrier.org/?s=working+papers.
Economic Growth, Governance And Voting Behaviour: An Application to Indian Elections, Working Paper No. 138, ICRIER, July 2004. http://icrier.org/pdf/wp138.pdf, http://icrier.org/?s=working+papers
with Bishwanath Goldar, Choorikkad Veeramani and Vipul Bhatt, “Impact of Tariff Reforms on Indian Industry: Assessment Based on a Multi-Sector Econometric Model,” Working Paper No. 135, ICRIER, June 2004.http://icrier.org/pdf/wp135.pdf, http://icrier.org/?s=working+papers
Sources of India’s Economic Growth: Trends in Total Factor Productivity, Working Paper No. 131, ICRIER, May 2004. http://icrier.org/pdf/wp131.pdf , http://icrier.org/?s=working+papers
India’s Economic Growth: From Socialist Rate of Growth to Bharatiya Rate of Growth, Working Paper No. 122, ICRIER, February 2004, http://icrier.org/pdf/wp122.pdf , http://icrier.org/?s=working+papers .
Economic Reforms: Policy and Institutions Some Lessons From Indian Reforms, Working Paper No. 121, ICRIER, January 2004. http://www.icrier.org/pdf/wp121.pdf , http://icrier.org/?s=working+papers .
Towards a Competitive Economy: VAT and Customs Duty Reform, Planning Commission Working Paper No. 4/2002-PC, April 2002. http://www.planningcommission.nic.in/reports/wrkpapers/wp_vat.pdf .
with P. V. Rajeev, “Excess Food Stocks, PDS and Procurement Policy,” Planning Commission Working Paper No. 5/2002PC, December 2001. http://www.planningcommission.nic.in/reports/wrkpapers/wp_pds.pdf.
India’s 1990-91 Crisis: Reforms, Myths and Paradoxes, Planning Commission Working Paper No. 4/2001-PC, December 2001. http://www.planningcommission.nic.in/reports/wrkpapers/wp_cris9091.pdf.
Star Performers of the 20th (21st) Century: Asian Tigers, Dragons or Elephants, Occasional Paper, Chintan, September 1999, www.icrier.org/avpapers.html.[i]
Potential Growth Stars of the 21st Century: India, China and The Asian Century, Occasional Paper, Chintan, October 1999, www.icrier.org/avpapers.html.[ii]
Tax and Contractual Arrangements for Natural Resource Exploitation, World Bank Staff Working Paper No. 752, World Bank 1985.
Government Policy and Development of Financial Markets: The Case of Korea, World Bank Staff Working Paper No. 747, 1985.
Evaluation of Credit Policy: Credit Allocation in Bangladesh, World Bank Staff Working Paper No. 672, World Bank, 1984.
The Nature of Credit Markets in Developing Countries, World Bank Staff Working Paper No. 525, World Bank, 1982.
Direct Taxes and Fiscal Policy Issues: An Illustration for East Asia, 3PE No. 87-15, Development Research Department, World Bank, June 1987.
Tax Evasion, Corruption and Administration: Monitoring the People's Agents Under Symmetric Dishonesty, DRD discussion paper No.271, World Bank, May 1987.
Personal Income Taxes in Developing Countries: International Comparisons (with G. Sicat), Development Research Department Discussion Paper No.265, World Bank, March 1987.
Efficiency of Practical Resource Rent Tax Systems: Threshold Rates and Income Taxes, Development Research Department Discussion Paper No. 164, World Bank, 1986.
Measuring Income Tax Incentives Under Evasion: Effective Average and Marginal Rate Schedules, DRD Discussion Paper No. 187, World Bank, September 1986.
Determinants of Savings in Developing Countries: Theory, Policy and Research Issues, Development Research Department Discussion Paper No. 186, World Bank, August 1986.
Implications for a VAT in India: The Deductibility System, Development Research Department Discussion Paper No. 165, World Bank, 1986.
Efficiency of Tax Contract Policies for Resource Rent Collection, Development Research Department Discussion Paper No 163, 1986.
Adverse Selection, Competitive Rationing and Government Policy in Credit Markets, Development Research Department Discussion Paper No. 143, World Bank, January 1986.[iii]
Domestic Indirect Taxes and Tax Reform in India, 3PE No.85‑7, Development Research Department, World Bank, December 1985.
Loan Market Imperfections and Optimal Policy Intervention, Development Research Department Discussion Paper No. 117, World Bank, 1984.
Moral Hazard in Competitive Loan Markets, Development Research Department Discussion Paper No. 101, World Bank, 1983.
The Microeconomics of a Corrupt Tax Bureaucracy, Development Research Department Discussion Paper No. 54, World Bank, May 1983.
Contractual Equilibrium in the Loan Market, Development Research Department Discussion Paper No.43, World Bank, December 1982.
Administrative Constraints and Tax Structure in Dualistic Economies, 3PE No. 87-13, Development Research Department, World Bank, May 1987.