Deepika Goel

• University of Delhi

The article investigates the long-run impact of global and regional linkages through trade, foreign investment and digitalization on reducing carbon emissions in five South Asian economies, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka. Based on the data from 2006 to 2021, the study uses the fully-modified OLS technique for estimation aft...

ABSTRACT: In recent years, financial inclusion (in terms of its dimensions of access, usage, and quality of products, and services) has increased significantly across nations and regions. However, financial exclusion of certain groups based on gender, age, income, education, and occupation is still rampant in developing economies. These economies,...

The study develops a multivariate Factor-Augmented VAR (FAVAR) model of inflation for India to forecast India’s inflation. The analysis covers both WPI and CPI measures of inflation. Factors are extracted for determinants of inflation such as output, monetary and credit indicators, interest rate, fiscal indicators, exchange rate, minimum support pr...

This paper uses vector autoregression and Bayesian vector autoregression techniques to forecast the Indian Re/US dollar exchange rate. It extends the Dua and Ranjan (2010, 2012) model by including the domestic–foreign differential of the rate of return in stock prices as well as global oil prices as determinants of the exchange rate in addition to...

Financial inclusion in India with special focus on Union budget 2023-24

The primary objective of this paper is to measure persistence in overall inflation measured by WPI and CPI-IW and their components for the Indian economy over the period 1996:4 to 2017:02. The study first tests for persistence and then quantifies it using various univariate and multivariate approach. The univariate approach estimates persistence us...

This paper brings out the salient features of different measures of inflation in India. Before adopting the flexible inflation targeting framework, RBI focused on using Wholesale Price Index (WPI) as the measure of headline inflation. Consumer Price Index for Industrial Workers (CPI-IW) was the widely used measure of CPI inflation. International pr...

This study is primarily focused on the productivity impacts of the provision of infrastructure on the registered manufacturing sector in India. This is analyzed by estimating the cost elasticity of infrastructure inputs. For this purpose we postulate a variable cost function model for the manufacturing sector with cost as a function of the prices o...

This study is primarily focused on the productivity impacts of the provision of infrastructure on the registered manufacturing sector in India. This is analyzed by estimating the cost elasticity of infrastructure inputs. For this purpose we postulate a variable cost function model for the manufacturing sector with cost as a function of the prices o...