Background
Srinivasan, Thirukodikaval Nilakanta was born on March 27, 1933 in Tirupati, India. Came to the United States, 1977.
(This collection brings together for the first time Sriniv...)
This collection brings together for the first time Srinivasan's classical theoretical writings and his work on issues relevant to developing countries. His world-renowned work on GATT and the Uruguay Rounds with reference to developing countries is the highlight of the volume.
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( The greatest strength of this thoroughly revised and ex...)
The greatest strength of this thoroughly revised and expanded edition of Lectures on International Trade is its rigorous algebraic and geometric treatment of the various models and results of trade theory. The authors, who now include Arvind Panagariya, offer both policy insights and empirical applications. They have added nine entirely new chapters as well as new sections to several existing chapters (e.g., a greatly expanded treatment of the growing theory of preferential trade agreements).
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(In the 19th and first half of the 20th centuries, India w...)
In the 19th and first half of the 20th centuries, India was well integrated into the world economy, with its merchandise exports accounting for 4.5 per cent of the world total in 1913. But India saw a steady decline of its share over the course of the century, dropping to 2.9 per cent in 1950, and finally plunging to less than 0.5 per cent by the 1980s. The decline was largely attributed to a post-independence strategy of national self-sufficiency premised on a closed economy. As other countries in the region gradually liberalized their economies, India finally followed suit in the early 1990s. In this study, Professors Srinivasan and Tendulkar examine this history in greater detail and analyze its implications for today's India. They explore the hypothesis that had the country followed a different strategy, the country's GDP growth would have been more rapid and Indian trade would have grown even faster than GDP. Chapters focus on trade issues, external factors, and foreign direct investment. Looking to the future, the authors discuss India's role in the World Trade Organization, especially with regard to the proposed "Millennium Round" of multilateral negotiations and current attempts to relate trade to labour, environmental and human rights issues. The final chapter evaluates the process of economic reform and offers policy recommendations in this regard.
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(This book presents an empirically estimated applied gener...)
This book presents an empirically estimated applied general equilibrium model for India and the analysis of a wide range of policy issues carried out using the model. The various chapters in the book deal with public distribution policies, foreign trade and aid policies, rural works programmes, terms of trade policies, fertilizer subsidy policies and irrigation development policies. These policies are analysed in terms of their immediate and medium term effects on production, consumption and prices of different commodities, on the growth of the economy as well as on the distribution of income among different groups in rural and urban areas and the incidence of poverty in the economy. Each chapter dealing with policy analysis describes the analytical issues involved, the historical context and experience of the policy concerned, results of the model scenarios and the policy insights that emerge.
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Srinivasan, Thirukodikaval Nilakanta was born on March 27, 1933 in Tirupati, India. Came to the United States, 1977.
Bachelor in Mathematics with honors, University Madras, Madras, India, 1953. Master of Arts in Mathematics, University Madras, 1954. Master of Arts in Economics, Yale University, 1958.
Doctor of Philosophy in Economics, Yale University, 1962.
State Quality Control Officer, Indian State Institute, Institution, Bombay, 1955-1957. Instructor, Assistant Professor, Member, Cowles Commission Research Economics, Yale University,
1, 1961-1964. Visiting, Institute, Institution Economics Growth, New Delhi, 1962-1963.
Visiting Professor, Ford Faculty Research Fellow, Stanford University, 1967-1968. Professor, Indian State Institute, Institution, New Delhi, 1964-1979. Visiting Professor, Massachusetts Institute of Technology, Cambridge, Mass., USA,
3, 1977-1978.
Visiting Lector, Johns Hopkins University, 1980. Special Adviser, Development Research Center, Consultant, World Bank,1977-1980, since 1980. Samuel C. Park Junior Professor of Economics, Yale University, New Haven, Connecticut, United States of America, since 1980.
Co-editor, Econometrica, 1974-1978, Journal of Development Economics, 1972-1976. Association Editor, Journal of International Economics,
6, Int Economic Record, 1972. Editor Secretary, Sankhya, Quantitative Economics Issues, 1974-1976.
Editorial Board, Pakistan Development Review, 1980.
Merit Scholarship, Indian State Institute, Institution, 1954-1955. Ford Management Fellow, 1958-1959. Ford Doctoral Dissertation Fellow, 1959-1960.
Ford Faculty Research Fellow, 1967. Fellow, Econometric Society, 1970. Honorary Member, American Economic Association, 1976.
Mahalanobis Memorial Medal (International Award), Indian Econometric Society, 1975. Fellow, American Academy of Arts and Sciences, 1982.
( The greatest strength of this thoroughly revised and ex...)
(This book presents an empirically estimated applied gener...)
(This collection brings together for the first time Sriniv...)
(In the 19th and first half of the 20th centuries, India w...)
Author: Agriculture and Trade in China and India: Policies and Performance Since 1950, 1994, Developing Countries and the Multilateral Trading System: From the General Agreement of Tariff and Trades (1947) to the Uruguay Round and the Future Beyond, 2000, Eight Lectures on Indian Economic Reforms, 2000, Economic Policy and State Intervention, 2001. Co-author: (with B.S. Minhas, K.S. Parikh, S.A. Marglin, T.E. Weisskopf) Scheduling the Operations of the Bhakra System, 1972, (with K.S. Parikh) Optimal Requirements of Fertilizers for the Fifth Plan Period, 1974, (with J.N. Bhagwati) Foreign Trade Regimes and Economic Development: India, 1975, (with Jagdish Bhagwati) Lectures on International Trade, 1983, (with Suresh Tendulkar) Reintegrating India with the World Economy, 2003. Co-editor: (with P.K. Bardhan) Poverty and Income Distribution in India, 1974, Rural Poverty in South Asia, 1988, (with H. Chenery) Handbook of Development Economics, vol 1, 1988, volunteer 2, 1989, (with N.S.S. Narayana, K.S. Parikh) Agriculture, Growth and Redistribution of Income: Policy Analysis with a General Equilibrium Model of India, 1991, (with Gordhandas Sunderdas Madalla and Peter Phillips) Advances in Econometrics and Quantitative Economics, Essays in Honor of Professor C.R. Rao, 1995, (with Jere Behrman) Handbook of Development Economics, Volume 3, 1995, (with Timothy J. Kehoe and John Shalley) Frontiers in Applied General Equilibrium Modeling: Essays in Honor of Herbert Scarf, 2005, others.Editor: Trade, Finance and Investment in South Asia, 2001.
Starting from my doctoral dissertation, I have continued to work on dynamic models of economic growth and development. My dissertation (and my later article in Econometrica) included a demonstration of what Edmund Phelps christened as the Golden Rule of Accumulation at about the same time he published it. In my work with Levhari, I extended optimal savings (and accumulation) rules to situations involving uncertainty.
Bhagwati and I analysed optimal growth in an open economy. I have also built empirical planning models for India.
Singly and in collaboration with Bhagwati, I have been contributing since the mid-1960s to the pure theory of international trade. The basic thrust of these contributions is to analyse the welfare consequences and implications for factor prices of commercial and other policies in what may be loosely described as ‘distorted’ economies.
The policies included tariffs and quotas, factor accumulation, intraand international factor movements, foreign aid and other capital inflows, etc.
A third area of my continuing interest is economics of uncertainty — in a number of articles I have explored the effect of various forms of uncertainty on savings, on the relationship between farm size and productivity in agriculture, on tax evasion in a context of uncertain discovery of evasion, on commercial policy, etc. I have also contributed to the study of poverty and income distribution as well as trade and development policy issues in India. I have analysed the relationship between poverty, undernutrition and malnutrition.
Problems of agricultural development, including analysis of institutions such as tenancy and share-cropping, inter-linkages of credit, land, labour
and product markets in situations in which a complete set of Arrow-Debreu contingent commodity markets do not exist, optimal use of inputs such as irrigation water and fertilizers, continue to attract my analytical interest. More recently I have been collaborating with Kirit Parikh and N. S. S. Narayana on a dynamic computable general equilibrium model of Indian agricultural development.
Fellow Econometric Society (Walras-Bowley lecturer 1978), American Academy Arts and Sciences. Member American Economic Association (honorary, named Distinguished fellow 2004).
Married Nalini Rao; 1 child, Sridhar.