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.
When Peter Drucker dictated to the US auto industry in the seventies and the latter followed suit with impressive gains for its constituents that costs must be price-driven he not merely repudiated the well established principle of marginal cost determining the price but also sent the strong message across that the economics that mattered to managers was what ruled over the market and not what academic theory laid down. The Ford Company priced its luxury limousine, Mustang, at $1995 on the basis of Drucker's diktat and made a huge profit. Indeed, it emerges that several US manufacturers acted on that very basis and made themselves largely competitive. The record of the eighties tells us that American industry paid a heavy price for its retreat after a decade or so to the regime of cost-based pricing. Drucker seemed to entertain a personal dislike for Keynes and had several harsh things to say about The General Theory. But, he generally accepted Keynes' demand side economics. Both Drucker and Tom Peters sought to dovetail economic theory to the compulsions of the market place. The key message that aspiring and practising managers alike get from these titans is that a good part of conventional economic theory is irrelevant to the demands that managerial functions make on their expertise and professionalism. Price-based costing, for instance, is the first step towards managerial excellence. Companies, which perform well, could have achieved a high level of competitiveness on that basis. The toppers in the corporate arena globally and in the limited Indian context could hardly be prospering with the backward looking cost-based pricing strategy. True management lies in managing costs so as to offer products and services at prices that the market can bear. Globally, the best working strategy is often differential costing and pricing for diverse markets, but excellence is identified only with competitive costing that is price-determined. In the early sixties, the joke one heard about the pioneering research institutions in the country was that the bigwigs there were still stuck with the classical economics of Alfred Marshall, but obviously this was quite unfair and the economic academia generally was well versed in Keynesianism. The Indian economist, Dr. V.K.R.V. Rao’s celebrated rejection in 1949 of Keynesian theory as inappropriate to developing economies, in fact, underlines this aspect. Finally, is there any scope for transplantation of the indifference curves theory, which dictates that the consumer is indifferent in regard to the choice of market baskets? Yes, we can do this in regard to all petro goods subsidised or otherwise although we should remember that differential State duties on these goods as much as the rates of excise overall contest the assumption of indifference. Generally, where subsidies are uniformly available to all consumers, this theory can be said to retain its validity. A uniform system of VAT which is the ultimate goal should uphold the theory. I would close this paper with this. I suppose, economics should be re-written on the basis of what happens in the market place, by how the market behaves as much as how policymakers and administrators as well as regulators play their game.
This book covers recent developments in process systems engineering (PSE) for efficient resource use in biomass conversion systems. It provides an overview of process development in biomass conversion systems with focus on biorefineries involving the production and coproduction of fuels, heating, cooling, and chemicals. The scope includes grassroots and retrofitting applications. In order to reach high levels of processing efficiency, it also covers techniques and applications of natural-resource (mass and energy) conservation. Technical, economic, environmental, and social aspects of biorefineries are discussed and reconciled. The assessment scales vary from unit- to process- and life-cycle or supply chain levels. The chapters are written by leading experts from around the world, and present an integrated set of contributions. Providing a comprehensive, multi-dimensional analysis of various aspects of bioenergy systems, the book is suitable for both academic researchers and energy professionals in industry.
Caste-based reservations have existed in India for more than a century. Initially introduced by the British to bring about equal of opportunity in education, reservation was later extended to other sectors of the development process to overcome the economic inequalities attributed to caste. Even today, concepts like affirmative action and quotas are being debated to justify reservation. Caste-based Reservations and Human Development in India comprehensively analyses the impact of such reservations on the target groups, as well as on major human development indices, taking into consideration time series data. An alternative strategy of applying the democratic principle of caste-based reservation is also discussed.
Hailed as the world's largest democracy and feted by the Trump administration in events like "Howdy Modi" in Houston, India is fast slipping into autocracy under the bigoted rule of Prime Minister Modi and this blistering critique shows how.
Self-assembly monolayer (SAM) structures of lipids and macromolecules have been found to play an important role in many industrial and biological phenomena. This book describes two procedures, namely the STM and AFM, that are used to study SAMs at solid surfaces. K.S. Birdi examines the SAMs at both liquid and solid surfaces by using the Langmuir monolayer method. This book is intended for researchers, academics and professionals.
This book develops the concepts of fundamental convex analysis and optimization by using advanced calculus and real analysis. Brief accounts of advanced calculus and real analysis are included within the book. The emphasis is on building a geometric intuition for the subject, which is aided further by supporting figures. Two distinguishing features of this book are the use of elementary alternative proofs of many results and an eclectic collection of useful concepts from optimization and convexity often needed by researchers in optimization, game theory, control theory, and mathematical economics. A full chapter on optimization algorithms gives an overview of the field, touching upon many current themes. The book is useful to advanced undergraduate and graduate students as well as researchers in the fields mentioned above and in various engineering disciplines.
This book explains the power grid as a hierarchy made up of the transmission, distribution, and microgrid levels. Interfaces among these levels are explored to show how flexibility in power demand associated with residential batteries can be communicated through the entire grid to facilitate optimal power flow computations within the transmission grid. To realize this approach, the authors combine semi-definite optimal power flow with model-order reduction at the distribution level and with a new heuristic algorithm for stable power flow at the transmission level. To demonstrate its use, a numerical case study based on modified IEEE 9-bus and 33-bus systems for the transmission and distribution grid, respectively, is included. This book shows how exploiting the flexibility on the residential level improves the performance of the power flow with the transmission grid.
Publisher's Note: Products purchased from 3rd Party sellers are not guaranteed by the Publisher for quality, authenticity, or access to any online entitlements included with the product. Updated with details on the newest therapies and sporting a new full-color design, this latest edition of Radiation Oncology: Management Decisions continues to offer comprehensive guidance for residents as well as radiation oncologists already in professional practice. You’ll discover the latest treatment plans for numerous cancer sites and tumor types, including the mouth and sinus, gastrointestinal areas, lungs, bones, and blood. Concise, easy-to-read material you can use in a clinical setting immediately with patients!
This updated edition of Stroke: Pathophysiology, Diagnosis, and Management delivers convenient access to the latest research findings and management approaches for cerebrovascular disease. Picking up from where J. P. Mohr and colleagues left off, a new team of editors — Drs. Grotta, Albers, Broderick, Kasner, Lo, Mendelow, Sacco, and Wong — head the sixth edition of this classic text, which is authored by the world’s foremost stroke experts. Comprehensive, expert clinical guidance enables you to recognize the clinical manifestations of stroke, use the latest laboratory and imaging studies to arrive at a diagnosis, and generate an effective medical and surgical treatment plan. Abundant full-color CT images and pathology slides help you make efficient and accurate diagnoses. Data from late-breaking endovascular trials equips you with recent findings. Includes comprehensive coverage of advances in molecular biology of cell death; risk factors and prevention; advances in diagnostics and stroke imaging; and therapeutic options, including a thorough review of thrombolytic agents and emerging data for endovascular therapy. Features brand-new chapters on Intracellular Signaling: Mediators and Protective Responses; The Neurovascular Unit and Responses to Ischemia; Mechanisms of Cerebral Hemorrhage; Stroke Related to Surgery and Other Procedures; Cryptogenic Stroke; and Interventions to Improve Recovery after Stroke. Highlights new information on genetic risk factors; primary prevention of stroke; infectious diseases and stroke; recovery interventions such as robotics, brain stimulation, and telerehabilitation; and trial design. Details advances in diagnostic tests, such as ultrasound, computed tomography (including CT angiography and CT perfusion), MRI (including MR perfusion techniques), and angiography. Includes extracted and highlighted evidence levels. Expert Consult eBook version included with print purchase. This enhanced eBook experience allows you to search all of the text, figures, and references on a variety of devices. The content can also be downloaded to tablets and smart phones for offline use.
The third edition of Intensity Modulated Radiation Therapy was written to enhance the reader’s understanding of the cutting-edge technology of Intensity Modulated Radiation Therapy. It is designed to both update old readers and inform new readers about the complexities and details of clinical management. This completely updated edition provides a step-by-step, practical approach to the use of IMRT in the evaluation and treatment of cancer patients. Because of IMRT’s ability to employ individually controlled beamlets, it is an extremely promising technique, especially when paired with CT, PET, and/or MRI. With these improved procedures, doctors and clinicians will be able to take high resolution images of tumors while minimizing dosages to surrounding tissue. In order to focus on the most up to date IMRT techniques, the introductory chapters have been condensed to provide a brief overview of IMRT physics, mechanics and quality assurance, and also CT and MR imaging. To help assist in clinical decision-making it provides the reader with more than 700 full-color illustrations, IMRT tables and clear, straightforward descriptions that address a range of tumor types and sites including head and neck, urinary, and gynecologic cancers.
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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