Pratip Datta - Academia.edu (original) (raw)
Papers by Pratip Datta
SSRN Electronic Journal, 2019
While discussing on development of India, the informal sector assumes importance due to its large... more While discussing on development of India, the informal sector assumes importance due to its large size in terms of workforce engaged within it. In addition, it is also viewed as a pool of excluded ‘surplus population’. Given this context, we intend to place the informal sector within a macroeconomic framework built for a developing country to observe whether this Informal sector too, along with other sectors, benefit due to the modernisation of the Global South. We construct this macro-model along Kaleckian structuralist lines; however, extending it by incorporating a dichotomised (modern and traditional) Informal sector.<br><br>Our work primarily has tried to establish the fact that easy financial capital inflow or cheap availability of inputs through markets is positively impacting the modern informal sector. But, on the contrary, the traditional informal sector, the massive petty self-employed segment of the informal economy, gets adversely affected because of a demand conflict arising out of cheap availability of modern informal sector goods in traditional agriculture; generating a low-level equilibrium between the traditional informal and traditional agriculture.<br>
Advances in Finance, Accounting, and Economics
Controlling surplus population, on the one hand and use of underutilized resources on the other, ... more Controlling surplus population, on the one hand and use of underutilized resources on the other, have induced governments of the developing world to adopt measures so that, poverty, underdevelopment and social insecurity are managed outside the sphere of core sector, especially through rural employment generation. MGNREGS of India is one such programme. Many researchers suggested the need for government intervention in job creation. On the other hand, some researchers have criticized such policies on the ground that these programmes misallocate resources towards relatively less productive frontiers. We propose theoretically that, the problem is not so much with the revenue expenditure, rather the bottleneck lies on the supply-side and can be mitigated by introducing infrastructural factors. Moreover in this chapter, we have tried to criticize the quality of jobs done and types of infrastructure generated through MGNREGS as it seems that both fail to increase food production and thus...
Optimum Size of Government Intervention
The COVID-19 Pandemic, India and the World
Review of Radical Political Economics
Developing countries often suffer from problems of jobless growth and exclusion. In response, the... more Developing countries often suffer from problems of jobless growth and exclusion. In response, the governments of these countries implement a variety of development-management programs. However, we identify certain crucial macroeconomic inconsistencies that may arise from such initiatives. Given this, our basic proposition is that, while undertaking these programs, governments should consider the inherent demand- and (especially) supply-side capacities of the macroeconomy and the probable contradictions arising (chiefly) out of the supply constraints. Furthermore, governments should complement these development-management projects with other policy measures, so that such contradictions could at least be partially mitigated. Essentially, contrary to the misplaced orthodox opposition, we are proposing a Kaleckian critique of development management and simultaneously presenting some ways out. JEL Classifications: E11, J21, O11, O20, Q18
A newspaper article which tries to analyse the UP legislative assembly election result in a diffe... more A newspaper article which tries to analyse the UP legislative assembly election result in a different way.
A newspaper article which questioned the government's DA policy
A satire on demonetization policy of India - a newspaper article.
The paper critically questioned the demonetization policy.
Controlling surplus population, on the one hand and use of underutilized resources on the other, ... more Controlling surplus population, on the one hand and use of underutilized resources on the other, have induced governments of the developing world to adopt measures so that, poverty, underdevelopment and social insecurity are managed outside the sphere of core sector, especially through rural employment generation. MGNREGS of India is one such programme. Many researchers suggested the need for government intervention in job creation. On the other hand, some researchers have criticized such policies on the ground that these programmes misallocate resources towards relatively less productive frontiers. We propose theoretically that, the problem is not so much with the revenue expenditure, rather the bottleneck lies on the supply-side and can be mitigated by introducing infrastructural factors. Moreover in this chapter, we have tried to criticize the quality of jobs done and types of infrastructure generated through MGNREGS as it seems that both fail to increase food production and thus create some conflicts between rural and urban sectors.
The paper suggests an alternative approach to grading students.
In this paper, we assume that agricultural sustainability (AS) is an integral part of environment... more In this paper, we assume that agricultural sustainability (AS) is an integral part of environmental sustainability, and geographical, cultural and social differences among countries are certainly important factors for development, but economic compulsion is an extremely important and decisive factor under the present 'borderless world'. This paper attempts to investigate the relationship between agricultural sustainability and economic development in a broader perspective by constructing inter-country agricultural sustainability index and economic development in a time series cross section pooled framework introducing dummy variables for continent as well as some threshold level of development at the country level. In this connection, we also try to test the validity of the Environmental Kuznets' Curve (EKC) across the countries.
In this paper, we assume that agricultural sustainability (AS) is an integral part of environment... more In this paper, we assume that agricultural sustainability (AS) is an integral part of environmental sustainability, and geographical, cultural and social differences among countries are certainly important factors for development, but economic compulsion is an extremely important and decisive factor under the present 'borderless world'. This paper attempts to investigate the relationship between agricultural sustainability and economic development in a broader perspective by constructing inter-country agricultural sustainability index and economic development in a time series cross section pooled framework introducing dummy variables for continent as well as some threshold level of development at the country level. In this connection, we also try to test the validity of the Environmental Kuznets' Curve (EKC) across the countries.
SSRN Electronic Journal, 2019
While discussing on development of India, the informal sector assumes importance due to its large... more While discussing on development of India, the informal sector assumes importance due to its large size in terms of workforce engaged within it. In addition, it is also viewed as a pool of excluded ‘surplus population’. Given this context, we intend to place the informal sector within a macroeconomic framework built for a developing country to observe whether this Informal sector too, along with other sectors, benefit due to the modernisation of the Global South. We construct this macro-model along Kaleckian structuralist lines; however, extending it by incorporating a dichotomised (modern and traditional) Informal sector.<br><br>Our work primarily has tried to establish the fact that easy financial capital inflow or cheap availability of inputs through markets is positively impacting the modern informal sector. But, on the contrary, the traditional informal sector, the massive petty self-employed segment of the informal economy, gets adversely affected because of a demand conflict arising out of cheap availability of modern informal sector goods in traditional agriculture; generating a low-level equilibrium between the traditional informal and traditional agriculture.<br>
Advances in Finance, Accounting, and Economics
Controlling surplus population, on the one hand and use of underutilized resources on the other, ... more Controlling surplus population, on the one hand and use of underutilized resources on the other, have induced governments of the developing world to adopt measures so that, poverty, underdevelopment and social insecurity are managed outside the sphere of core sector, especially through rural employment generation. MGNREGS of India is one such programme. Many researchers suggested the need for government intervention in job creation. On the other hand, some researchers have criticized such policies on the ground that these programmes misallocate resources towards relatively less productive frontiers. We propose theoretically that, the problem is not so much with the revenue expenditure, rather the bottleneck lies on the supply-side and can be mitigated by introducing infrastructural factors. Moreover in this chapter, we have tried to criticize the quality of jobs done and types of infrastructure generated through MGNREGS as it seems that both fail to increase food production and thus...
Optimum Size of Government Intervention
The COVID-19 Pandemic, India and the World
Review of Radical Political Economics
Developing countries often suffer from problems of jobless growth and exclusion. In response, the... more Developing countries often suffer from problems of jobless growth and exclusion. In response, the governments of these countries implement a variety of development-management programs. However, we identify certain crucial macroeconomic inconsistencies that may arise from such initiatives. Given this, our basic proposition is that, while undertaking these programs, governments should consider the inherent demand- and (especially) supply-side capacities of the macroeconomy and the probable contradictions arising (chiefly) out of the supply constraints. Furthermore, governments should complement these development-management projects with other policy measures, so that such contradictions could at least be partially mitigated. Essentially, contrary to the misplaced orthodox opposition, we are proposing a Kaleckian critique of development management and simultaneously presenting some ways out. JEL Classifications: E11, J21, O11, O20, Q18
A newspaper article which tries to analyse the UP legislative assembly election result in a diffe... more A newspaper article which tries to analyse the UP legislative assembly election result in a different way.
A newspaper article which questioned the government's DA policy
A satire on demonetization policy of India - a newspaper article.
The paper critically questioned the demonetization policy.
Controlling surplus population, on the one hand and use of underutilized resources on the other, ... more Controlling surplus population, on the one hand and use of underutilized resources on the other, have induced governments of the developing world to adopt measures so that, poverty, underdevelopment and social insecurity are managed outside the sphere of core sector, especially through rural employment generation. MGNREGS of India is one such programme. Many researchers suggested the need for government intervention in job creation. On the other hand, some researchers have criticized such policies on the ground that these programmes misallocate resources towards relatively less productive frontiers. We propose theoretically that, the problem is not so much with the revenue expenditure, rather the bottleneck lies on the supply-side and can be mitigated by introducing infrastructural factors. Moreover in this chapter, we have tried to criticize the quality of jobs done and types of infrastructure generated through MGNREGS as it seems that both fail to increase food production and thus create some conflicts between rural and urban sectors.
The paper suggests an alternative approach to grading students.
In this paper, we assume that agricultural sustainability (AS) is an integral part of environment... more In this paper, we assume that agricultural sustainability (AS) is an integral part of environmental sustainability, and geographical, cultural and social differences among countries are certainly important factors for development, but economic compulsion is an extremely important and decisive factor under the present 'borderless world'. This paper attempts to investigate the relationship between agricultural sustainability and economic development in a broader perspective by constructing inter-country agricultural sustainability index and economic development in a time series cross section pooled framework introducing dummy variables for continent as well as some threshold level of development at the country level. In this connection, we also try to test the validity of the Environmental Kuznets' Curve (EKC) across the countries.
In this paper, we assume that agricultural sustainability (AS) is an integral part of environment... more In this paper, we assume that agricultural sustainability (AS) is an integral part of environmental sustainability, and geographical, cultural and social differences among countries are certainly important factors for development, but economic compulsion is an extremely important and decisive factor under the present 'borderless world'. This paper attempts to investigate the relationship between agricultural sustainability and economic development in a broader perspective by constructing inter-country agricultural sustainability index and economic development in a time series cross section pooled framework introducing dummy variables for continent as well as some threshold level of development at the country level. In this connection, we also try to test the validity of the Environmental Kuznets' Curve (EKC) across the countries.