Sugata Marjit's Books

International Trade, Wage Inequality and the Developing Economy

A General Equilibrium Approach

By: Sugata Marjit,Rajat Acharyya

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International Trade, Wage Inequality and the Developing Economy

A General Equilibrium Approach

By: Sugata Marjit,Rajat Acharyya

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.

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Page Count

194

Publisher

Springer Science & Business Media

Published Date

ISBN 10

364257422X

ISBN 13

9783642574221

Virtual Trade and Comparative Advantage

The Fourth Dimension

By: Sugata Marjit,Biswajit Mandal,Noritsugu Nakanishi

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Virtual Trade and Comparative Advantage

The Fourth Dimension

By: Sugata Marjit,Biswajit Mandal,Noritsugu Nakanishi

The main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher–Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect.

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Page Count

213

Publisher

Springer Nature

Published Date

ISBN 10

9811539065

ISBN 13

9789811539060

Virtual Trade in a Changing World

Comparative Advantage, Growth and Inequality

By: Sugata Marjit,Gouranga G. Das,Biswajit Mandal

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Virtual Trade in a Changing World

Comparative Advantage, Growth and Inequality

By: Sugata Marjit,Gouranga G. Das,Biswajit Mandal

Virtual economic transactions have radically transformed the way we think about trade and markets in closed and open economies. Continuous decline in costs of information and communications and setting up of phenomenally large number of virtual platforms have brought in 'Time' as an essential element in the discourse on international trade. This work delves deep into the issue of how Time enters as a major catalyst of international trade and virtual transactions. This changes the way we look at ideas of comparative advantage, factor mobility, growth, income distribution, and allied concepts. A key result is that greater physical distance might encourage trade contrary to what we are accustomed to accept.

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Page Count

161

Publisher

Cambridge University Press

Published Date

ISBN 10

1009115804

ISBN 13

9781009115803

The Outsiders

Economic Reform and Informal Labour in a Developing Economy

By: Sugata Marjit,Saibal Kar

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The Outsiders

Economic Reform and Informal Labour in a Developing Economy

By: Sugata Marjit,Saibal Kar

The informal economy is a dynamic, active, and hotly debated domain in the developing world. Unfortunately, it remains one of the most ignored areas in mainstream economic theory and development economics. In this book, Marjit and Kar provide a detailed theoretical overview and analytical understanding of informal labour markets in the context of economic reforms. Grounded in the neo-classical general equilibrium framework, the book analyses the impact of deregulatory policies on the welfare of informal workers in a segmented labour market. It discusses how informal wage responds to unemployment in the formal sector by exploring the interactions between the formal and the informal labour markets. The authors also examine institutional factors—political, economic, and governance mechanisms—to explore the major causes that sustain or impede the dynamism of informal labour markets. They offer empirical applications using official data sources and micro-level case studies of informal activities in West Bengal, Maharashtra, and Gujarat.

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Page Count

195

Publisher

Oxford University Press

Published Date

ISBN 10

0199088411

ISBN 13

9780199088416

Virtual Trade and Comparative Advantage

The Fourth Dimension

By: Sugata Marjit,Biswajit Mandal,Noritsugu Nakanishi

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Virtual Trade and Comparative Advantage

The Fourth Dimension

By: Sugata Marjit,Biswajit Mandal,Noritsugu Nakanishi

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Page Count

213

Publisher

Springer Nature

Published Date

ISBN 10

9811539065

ISBN 13

9789811539060

International Trade, Wage Inequality and the Developing Economy

A General Equilibrium Approach

By: Sugata Marjit,Rajat Acharyya

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International Trade, Wage Inequality and the Developing Economy

A General Equilibrium Approach

By: Sugata Marjit,Rajat Acharyya

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Page Count

194

Publisher

Springer Science & Business Media

Published Date

ISBN 10

364257422X

ISBN 13

9783642574221

The Outsiders

Economic Reform and Informal Labour in a Developing Economy

By: Sugata Marjit,Saibal Kar

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The Outsiders

Economic Reform and Informal Labour in a Developing Economy

By: Sugata Marjit,Saibal Kar

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Page Count

195

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Oxford University Press

Published Date

ISBN 10

0199088411

ISBN 13

9780199088416

An Application of Distribution-Neutral Fiscal Policy

By: Mr.Sanjeev Gupta,Sugata Marjit,Sandip Sarkar

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An Application of Distribution-Neutral Fiscal Policy

By: Mr.Sanjeev Gupta,Sugata Marjit,Sandip Sarkar

Distribution neutral fiscal policy refers to a structure of taxes and transfers that keep the income distribution unchanged even after positive or negative shocks to an economy. This is referred to as a Strong Pareto Superior (SPS) allocation which improves the standard Pareto criterion by keeping the degree of inequality, but not the absolute level of income intact. We apply this methodology to India to compute SPS tax rates and determine their proximity to actual tax rates. Limited available data on income and expenditure shows that the official policies so far are close to desired benchmark level. Our methodological contribution will be enriched further with more detailed income tax and transfer data.

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Publisher

International Monetary Fund

Published Date

ISBN 10

1484338979

ISBN 13

9781484338971

Book's by Sugata Marjit

International Trade, Wage Inequality and the Developing Economy

International Trade, Wage Inequality and the Developing Economy

Virtual Trade and Comparative Advantage

Virtual Trade and Comparative Advantage

Virtual Trade in a Changing World

Virtual Trade in a Changing World

The Outsiders

The Outsiders

Virtual Trade and Comparative Advantage

Virtual Trade and Comparative Advantage

International Trade, Wage Inequality and the Developing Economy

International Trade, Wage Inequality and the Developing Economy

The Outsiders

The Outsiders

An Application of Distribution-Neutral Fiscal Policy

An Application of Distribution-Neutral Fiscal Policy

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