Empirical Issues in International Trade and Finance III

Transcription

1 Conference Programe Empirical Issues in International Trade and Finance III Indian Institute of Foreign Trade, Kolkata Venue: Science City, JBS Haldane Avenue, Kolkata Date: January 10-11, 2013 Conference Reception: 7:00 p.m. to 9:30 p.m., January 9, 2013, Location: Banquet Hall, Pride Hotel, Kolkata January 10, 2013 (Day1) Inaugural Function (Location: S 09 (Ground Floor)) 9:30 a.m. 10:00 a.m. : Registration 10:00 a.m. 10:05 a.m. : Inauguration by Dr. C. Rangarajan with lighting of Lamp 10:05 a.m. 10:15 a.m. : Welcome Address by Dr. Surajit Mitra, Director, Indian Institute of Foreign Trade a.m. 10:20 a.m. : SAGE- FTR Release by Chief Guest 10:20 a.m. 10:50 a.m. : Inaugural Address by Dr. C Rangarajan, Chairman, Economic Advisory Council to the PM Session-in-Charge: Saikat Banerjee 10:50 a.m. 11:00 a.m. : Coffee Break Plenary Lecture - 1 (Location: C V Raman Hall) 11:00 a.m. 11:45 a.m. Chair: Sunita Raju, Indian Institute of Foreign Trade, Delhi Ganeshen Wignaraja, Asian Development Bank Institute Asia s Production Networks Session-in-Charge: Ranajoy Bhattacharyya 1

2 11: 45 a.m. 1:45 p.m. Parallel Session 1 Parallel Session 1A (Location: S N Bose Hall): Trade & Development 1 Chair: Abhiroop Sarkar, Indian Statistical Institute, Kolkata Harald Badinger, Vienna University of Economics & Business, Globalization, Inequality & Corruption (joint with Elisabeth Nindl, Vienna University of Economics & Business). Discussant: Vivekananda Mukherjee, Jadavpur University C. Veeramani, Indira Gandhi Institute of Development Research, Goregaon (E) Mumbai, Capital goods imports and Economic Growth: Does the composition of imports matter? Discussant: Partha Pratim Pal, Indian Institute of Management Calcutta A.Venkateswaran, Narool Islam College of Arts & Sciences, Tamil Nadu, Trade Constraints to the Exports of Marine Products in Tamil Nadu-India (joint with R.Ruskin, Troy University U.S.A-Sharjah Campus, U.A.E; R.Rathiha, Women s Christian College; M. Edwin Gnanadhas, M.S.University, Scott Christian College; G.B. Ezhil Jenekkha, K.N.S.K College of Engineering) Discussant: Anil Kanungo, Indian Institute of Foreign Trade R.Jayaraj, College of Management & Economics, University of Petroleum & Energy Studies, Dehradun Foreign Direct Investment, Exports & Economic Activity in India: A Long term Empirical Analysis (joint with Hiranmoy Roy, College of Management & Economics, University of Petroleum & Energy Studies, Dehradun). Discussant: Debashis Chakraborty, Indian Institute of Foreign Trade Session-in-Charge: Debashis Chakraborty Parallel Session 1B (Location: M N Saha Hall): Application of Gravity Model Chair: Gautam Dutta, Indian Institute of Foreign Trade Archana Srivastava, Indian Institute of Technology, Kanpur, Contribution of Trade Costs, Transport Costs or Income Similarity on India s Trade: A Gravity Model Approach (joint with Somesh Kumar Mathur, Indian Institute of Technology, Kanpur). Discussant: Avijit Mandal, Maulana Azad College Sandeep Kaur, Central University of Punjab, Punjab, A Gravity Model Analysis of Actual & Potential Export Services of USA with its Asian Partners. Discussant: Ranajoy Bhattacharya, Indian Institute of Foreign Trade Amrita Saha, University of Sussex, United Kingdom, India & SAARC Trade: Empirical Evidence Using the Augmented Gravity Model, (joint with Arjun Kumar Singh, Indian Council of Social Science Research & Jawaharlal Nehru University). Discussant: Rahul Sen, AUT, New Zealand. Session-in-Charge: R. P. Sharma 2

3 Parallel Session 1C (Location: H J Bhaba Hall): Theoretical Issues in Trade & Finance Chair: Ambar Nath Ghosh, Jadavpur University, Kolkata Biswajit Mandal, Visva-Bharati University, Santiniketan, India, Trade Reform, Intermediation & Corruption (joint with Sugata Marjit, Centre for Studies in Social Sciences). Discussant: Bratisankar Chakraborty, Indian Statistical Institute, Kolkata. Aditya Bhattacharjea, Delhi School of Economics, Multi-market Collusion with Territorial Allocation (joint with Uday Bhanu Sinha, Delhi School of Economics). Discussant: Swapnendu Bannerjee, Jadavpur University, Kolkata Susmita Chatterjee, Globsyn Business School, Kolkata, Macro Economic Adjustments under a Crisis Situation (joint with Debabrata Datta, Institute of Management Technology Ghaziabad). Discussant: Kumarjit Mandal, Calcutta University. Bibek Ray Chaudhuri, Indian Institute of Foreign Trade, Are SHG Loans Demand Constrained in Backward Areas, (Jointly with Ranajoy Bhattacharyya, IIFT). Discussant: Sukanta Bhattacharyya, Calcutta University. Session-in-Charge: R. P. Datta Parallel Session 1D (Location: C V Raman Hall): Testing Trade Theories Chair: Sarmila Banerjee, Calcutta University Atanu Ghoshray, University of Bath, United Kingdom, A Model of Commodity Prices after Sir Arthur Lewis Revisited (joint with, Ashira Perera) Discussant: Biswajit Nag, Indian Institute of Foreign Trade Chandrima Sikdar, Narsee Monjee Institute of Management Studies, Mumbai, The Structure of factor content of India s Trade with Sri Lanka (joint with Debesh Chakraborty, Jadavpur University). Discussant: Anwesha Bandyopadhyay, St. Xavier s College, Kolkata Suranjali Tandon, National Institute of Public Finance Policy & Jawaharlal Nehru University, Delhi; Trade Balance & Real Exchange Rate: An Empirical Analysis of Multilateral and Bilateral Relationship. Discussant: Ranjan Nag, St. Xavier s College Archana Srivastava, Indian Institute of Technology, Kanpur, Heckscher Ohlin Vanek Theorem: An Excess Supply Approach Discussant: Anindita Sen, Burdwan University Session-in-Charge: Ranajoy Bhattacharyya Parallel Session 1E (Location: S 09 (Ground Floor)): Stock Market Returns in the International Context Chair: Ishita Mukherjee, Calcutta University Poulomi Lahiri, Institute of Development Studies Kolkata, The Relationship between Dividend Payout Policy and Foreign Institutional Investment in India. Discussant: Sayantanbandhu Majumder, Calcutta University K.V.Bhanu Murthy, University of Delhi, Growth of IPOs: A Comparative Analysis of 3

4 Emerging Markets & Developed Markets (joint with Amit Kumar Singh, University of Delhi). Discussant: Jayanta Kumar Seal, Indian Institute of Foreign Trade Jaydeep Mukherjee, Indian Institute of Foreign Trade, Delhi, Is Indian Stock Market Cointegrated with Other Global Stock Markets? Evidences in the Presence of Endogenous Structural Breaks (joint with Shegorika Rajwani, Indian Institute of Foreign Trade, Delhi). Discussant: Gagari Chakrabarti, Presidency University Session-in-Charge: Jayanta Kumar Seal 1:45 p.m. 2:20 p.m. Lunch (Reception Lounge, Ground Floor) 2:30 p.m. 3:50 p.m. Plenary Lecture - 2, C V Raman Hall Chair: Partha Sen, Delhi School of Economics Jeffrey Bergstrand, University of Norte Dame Understanding Globalization: The Role of the Gravity Equation in International Trade and Foreign Direct Investment after 50 Years Session-in-Charge: Bibek Ray Chaudhuri Coffee Break: 3:55 pm-4:05 pm 4:15 p.m. 6:15 p.m. Parallel Session 2 Parallel Session 2A (Location: C V Raman Hall): Trade and Development II Chair: Amitava Bose, Indian Institute of Management, Kolkata Rahul Sen, Auckland University of Technology, New Zealand, Preferential Trading Agreements and the Gravity Model: Early Results for China & India (joint with Sadhana Srivastava, Auckland University of Technology; Don J Webber, University of West of England, Bristol, U.K.). Discussant: Anwesha Bandyopadhyay, St. Xavier s College, Kolkata Ranajoy Bhattacharyya, Indian Institute of Foreign Trade, Kolkata, India s Direction of Trade in the Second Half of the Twentieth Century (joint with Tathagata Bandopadhay, Indian Institute of Management, Ahmedabad. Discussant: Sandeep Kaur, Central University of Punjab, Punjab Shahid Ahmed, Jamia Millia Institute, Delhi, India's East Asian Economic Engagements: Does China Matters? Discussant: Ranajoy Bhattacharyya, Indian Institute of Foreign Trade. Session-in-Charge: Jaydeep Mukherjee Parallel Session 2B (Location: S N Bose Hall): Performance of Banks & Global Financial Crisis Chair: Ratan Khasnabis, Department of Business Management, Calcutta University Basabi Bhattacharya, Jadavpur University & Professional Risk Managers International Association, Estimation of Value at Risk (VaR) In the context of Global Financial Crisis of : Application on Selected Sectors in India (joint with Piyali Dutta Chowdhury, Institute 4

5 of Business Management & Research & Jadavpur University). Discussant: T P Ghosh, Indian Institute of Foreign Trade. K.V. Bhanu Murthy, Delhi University, Institutional Economics: An Approach to analyze the conduct of foreign banks in India (joint with Ashis Taru Deb, Delhi University). Discussant: Mausumi Kar, Women s Christian College, Kolkata Ram Pratap Sinha, Government College of Engineering & Leather Technology, Kolkata, Performance Benchmark of Foreign Banks- A Bilateral Comparison. Discussant: Pranab Das, Centre for Studies in Social Studies, Kolkata Session-in-Charge: P. K. Das Parallel Session 2C (Location: M N Saha Hall): India s Trade Performance Chair: Ajitava Roy Chowdhury, Jadavpur University Dukhabandhu Sahoo, School of HSS & M, IITBBS, Kolkata A Reassessment of India s Aggregate Import Demand Function: an ARDL Approach. Discussant: Riddhi Chatterjee, Jaipuria College, Kolkata Tushar Das, Sadananda Mission High School, Kolkata, Import Liberalization and Persistent Negative Trade Balances in India: Impact on Domestic Income and Employment.Discussant: Pradyut Kumar Pyne, Indian Institute of Foreign Trade K.V.Bhanu Murthy, Delhi School of Economics, Delhi; Growth & Instability in India s Current Account Balance-A Policy Period Analysis (joint with Phool Chand, PGDAV (D) College, Delhi). Discussant: Rilina Basu (Banerjee), St. Xavier s College, Kolkata Saha S., Edith Cowan University, Australia, Do Exchange Rates affect Consumer Prices? A Comparative analysis for Australia, China & India (joint with Zhang,Z.Y., Edith Cowan University, Australia). Discussant: Samrat Roy, St. Xavier s College, Kolkata Session-in-Charge: R. P. Datta Parallel Session 2D (Location: H J Bhaba Hall): Foreign Investment Chair: Julien Chaisse, Chinese University of Hong Kong Julien Chaisse, Chinese University of Hong Kong, The challenge of measuring the treaties impact on FDI flows: the BITsel Index Christian Bellak, Vienna University of Business and Economics, Presenting the BITsel Index: Meta-study Rajesh Sharma, City University of Hong Kong, Recent trends in India investment treaties and litigation Rajesh Babu, Indian Institute of Management, Kolkata, Expropriation in investment treaties: Revisiting the Hull formula Session-in-Charge: Debashis Chakraborty Parallel Session 2E (Location: S 09 (Ground Floor)): Firm-level Analysis of Trade I Chair: Mahua Bhattacharyya, Department of Business Management, Calcutta University Simontini Das, Rabindra Bharati University, Kolkata, Trade Effect on Employment 5

6 Elasticity in Indian Manufacturing Industries: An Aggregate and Disaggregate Level Analysis over the Time Period 1988 to 2007(joint with Ajitava Raychaudhuri, Jadavpur University; Saikat Sinha Roy, Jadavpur University). Discussant: Kumarjit Mandal, Calcutta University Maitri Ghosh, Bethune College, Kolkata, FDI, Firm Heterogeneity & Exports (joint with Saikat Sinha Roy, Jadavpur University). Discussant: Susmita Chatterjee, Globsyn Business School, Kolkata. Bikash Ranjan Mishra, Ravenshaw University, Cuttack & Indian Institute of Technology, Kanpur; Modus Operandi of Indian Manufacturing Firms: Domestic versus International. Discussant: Pralok Gupta, Indian Institute of Foreign Trade Anil Kumar Kanungo, Indian Institute of Foreign Trade, New Delhi; China s Telecommunications Service Sector and its Implications for World Economy. Discussant: Gautam Dutta, Indian Institute of Foreign Trade Session-in-Charge: R. P. Sharma 7:30 p.m. 10 p.m. Conference Dinner (Eco Hub, Rajarhat) January 11, 2013 (Day2) 9:00 a.m. 11:00 a.m. Parallel Session 3 Parallel Session 3A (Location: C V Raman Hall): Comparative Analysis between India & China Chair: Ravi Shanker, Indian Institute of Foreign Trade, Delhi Rahul Arora., Indian Institute of Technology, Kanpur, An Empirical Analysis of Trade Liberalization Between India & China (joint with Sarbjit Singh, Indian Institute of Technology, Kanpur). Discussant: Debashis Chakraborty, Indian Institute of Foreign Trade Khanindra Ch. Das, Institute of Financial Management & Research, Chennai, Location Substitution Effect & China (joint with Nilanjan Banik, Institute of Financial Management & Research). Discussant: T. P. Ghosh, Indian Institute of Foreign Trade Rajiv Kumar Bhatt, Benaras Hindu University, Benaras, Structural Changes in Commodity Composition of India s Trade with China since 1991 (joint with Rajni Kant Ojha, Benaras Hindu University). Discussant: Rahul Arora, Indian Institute of Technology, Kanpur Julien Chaisse, Chinese University of Hong Kong, Mastering a Two-edged Sword: Lessons from the Practice and WTO Litigation on Safeguards (Joint with Debashis Chakraborty, Indian Institute of Foreign Trade, Delhi; Animesh Kumar). Discussant: Murali Kallumal, Indian Institute of Foreign Trade Session-in-Charge: Ranajoy Bhattacharyya Parallel Session 3B (Location: S N Bose Hall): Trade Policy Chair: Sunitha Raju, Indian Institute of Foreign Trade, Delhi Dibyendu Maiti, The University of the South Pacific, Fiji, Anti-Dumping, Competitiveness and Consumer Welfare: A Study on Commodity Prices with a Special Reference to India. Discussant: Vivekananda Mukherjee, Jadavpur University, Kolkata 6

7 Vikas Dixit, Jadavpur University, Kolkata, Relation between Trade Openness & Government Size in India: An Application of Bounds Testing Approach to Cointegration. Discussant: Ranajoy Bhattacharya, Indian Institute of Foreign Trade Sachin Kumar Sharma, Indian Institute of Foreign Trade, New Delhi, Counter-Cyclical Payments under Doha Negotiations: An Analysis of USA Subsidy Programme. Discussant: Priyanka Chakraborty, Indian Institute of Foreign Trade Sushil Kumar, Jamia Millia Islamia University, Delhi, Growth and Pattern of Intra-Industry Trade between India & Bangladesh: (joint with Shahid Ahmed, Jamia Millia Islamia University). Discussant: Gargi Basu, Indian Institute of Foreign Trade Session-in-Charge: Saswati Tripathi Parallel Session 3C (Location: M N Saha Hall): Trade & Development-III Chair: Saikat Sinha Roy, Jadavpur University Rajat Verma, Gargi College, University of Delhi; Delhi, Doha Sectoral Negotiations: A Study on Healthcare Sector in India (joint with Murali Kallummal, Indian Institute of Foreign Trade, New Delhi; Poornima Varma, TERI University, New Delhi) Discussant: Arijita Dutta, Calcutta University Pralok Gupta, Indian Institute of Foreign Trade, New Delhi; Emigration Policies in India:Implications for Migration to the EU. Discussant: Anil Kumar Kanungo, Indian Institute of Foreign Trade Shrabani Saha, Edith Cowan University, Perth, Australia; Does Corruption Always Sand the Wheels of Growth? A Cross-National Study in Non-Linear Framework (joint with Girijasankar Mallik, University of Western Sydney, Sydney, Australia). Discussant: Jaydeep Mukherjee, Indian Institute of Foreign Trade Session-in-Charge: Deepankar Sinha Parallel Session 3D (Location: H J Bhaba Hall): Trade and Development IV Chair : C.Veeramani, Indira Gandhi Institute for Development Research, Mumbai Amarjit Singh Sethi, Guru Nanak Dev University, Amritsar, International Trade and Income in India: An Examination of Cointegration and Casuality Behaviour (joint with Jyoti Anand, Guru Nanak Dev University) Discussant: Mousumi Dutta, Presidency University Sandeep Kaur Bhatia, Central University of Punjab, Migration, Trade & Development in South Asia: A Panel Data Analysis.Discussant: Pia Ghoshal, St. Xavier s College Mousumi Bhattacharya, Army Institute of Management, Kolkata, Nexus between Economic Growth & Services Export in the Indian Context (joint with Sharad Nath Bhattacharya, Army Institute of Management, Kolkata) Discussant: Runa Sarkar, Indian Institute of Management, Kolkata Deeparghya Mukherjee, Indian Institute of Management, Bangalore, Traditional & Emerging Services Exports: A Panel Analysis. Discussant: Bibek Ray Chaudhuri, Indian Institute of Foreign Trade Session-in-Charge: R.P.Sharma 7

8 11:10 a.m. 11:20 a.m. Coffee Break 11:30 a.m. 1:00 p.m. Plenary Lecture - 3, C V Raman Hall Chair: Asis Banerjee, Institute of Development Studies, Kolkata Maitreesh Ghatak, London School of Economics Recent Developments in the Economics of Microfinance Session-in-Charge: T. P. Ghosh 1:10 p.m. 1:50 p.m. Lunch (Reception Lounge, Ground Floor) 2:00 pm. 4:00 pm. Parallel Session 4 Parallel Session 4A (Location: C V Raman Hall): Impact of Microfinance on the Poor Chair: Nabinanda Sen, Department of Business Management, Calcutta University Arindam Laha, University of Burdwan,India, Measuring The Impact of Microfinance on Poverty: A Cross Country Analysis With Special Reference to India (joint with Pravat Kumar Kuri, University of Burdwan). Discussant: Amit Kundu, Jadavpur University, Kolkata Anand Saxena, University of Delhi, MFIs and Poverty Alleviation in India: Quo vadis(joint with Ashis Taru Deb, University of Delhi). Discussant: Shirsendu Mukherjee, St. Paul s College, Kolkata Santanu Chakraborty, Acharya Prafulla Chandra College, Kolkata, Small Business and Non- Institutional Credit: A Study in West Bengal. Discussant: Ananda Pal, Calcutta University Amlan Ghosh, IBS Hyderabad, Role of POSB in Delivering Rural Credit (Micro) in India. Discussant: Subhasree Bhadra, Calcutta University Session-in-Charge: Saswati Tripathi Parallel Session 4B (Location: S N Bose Hall): Trade & Health Chair: Julien Chaisse, Chinese University of Hong Kong Philip Stevens, EMSN, Trade & Health Arijita Datta, Calcutta University, Medical Tourism and Related Concerned (joint with Ms Debjani Barman, Senior Research Officer, Indian Institute of Health Management Research, Jaipur). Amir Ullah Khan, Bill & Melinda Gates Foundation, Compulsory Licensing and Parallel Imports Biswajit Nag, Indian Institute of Foreign Trade, New Delhi; Value Co-creation in Medical Services Abhishikta Ray Chaudhuri, CII, Industry Perspective Session-in-Charge: Debashis Chakraborty 8

9 Parallel Session 4C (Location: M N Saha hall) Firm Level Analysis of Trade II Chair: Rajat Acharyya, Jadavpur University Kausik Lahiri, Surendranath College, Kolkata; India s Healthcare Sector under GATS: Inquiry into Backward and Forward Linkages (joint with Sarmila Banerjee, University of Calcutta). Discussant: Sudeshna Chattopadhyay, Bidhannagar College, Kolkata Pradeep Kumar Keshari, IDBI Bank, Mumbai, Effect of Foreign Ownership on Firm- Level Export Behaviour in the Indian Machinery Industry. Discussant: Anil Kanungo, Indian Institute of Foreign Trade Deeparghya Mukherjee, Indian Institute of Management, Bangalore, Does a Growing IT Services sector lead to greater IT diffusion in domestic production?-the Case of India with cross country analyses. Discussant: Chandrima Sikdar, Narsee Monjee Institute of Management Studies, Mumbai Smruti Ranjan Behara, Shyamlal College, Delhi, Technology Spillover and Determinants of Foreign Direct Investment: An Analysis of Indian Manufacturing Industries. Discussant: Pradyut Kumar Pyne, Indian Institute of Foreign Trade Session-in-Charge: R.P. Datta Parallel Session 4D (H J Bhaba Hall): International Spillovers of Volatility, Vulnerability & FDI Chair: K. V. Bhanu Murthy, Delhi University Ayanangshu Sarkar, Pailan College of Management & Technology, Kolkata, An Empirical Estimation of Volatility Spillover from a Developed Country USA to two Emerging economy India & China, (joint with Malabika Roy, Jadavpur University). Discussant: Poulomi Lahiri, Institute of Development Studies Kolkata Dilip Kumar, Institute for Financial Management & Research, Chennai, Return and volatility spillover among the PIIGS Economies & India (joint with S. Maheswaran, Institute of Financial Management & Research, Chennai). Discussant: P. K. Das, Indian Institute of Foreign Trade Purba Mukherjee, Connecticut College, Measuring Vulnerability to Spillovers. Discussant: Gagari Chakrabarti, Presidency University, Kolkata. Bikash Ranjan Mishra, Ravenshaw University, Cuttack & Indian Institute of Technology, Kanpur; Spill-over Effects of Foreign Direct Investment:An Econometric Investigation of Indian Firms. Discussant: Avijit Mandal, Maulana Azad College Session-in-Charge: P. K. Das Parallel Session 4E (Location: S 09 (Ground Floor)): Foreign Direct Investment Chair: Amitabha Ghosh, St. Xavier s College Smruti Ranjan Behera, Shyamlal College, Delhi, Horizontal and Vertical Technology Spillover of Foreign Direct Investment: An Evaluation across Indian Manufacturing Industries (joint with Pami Dua, University of Delhi & Bishwanath Goldar, Centre for Studies in Globalization, Institute of Economic Growth, Delhi) Discussant: Subrata Majumder, St. Xavier s College, Kolkata Samrat Roy, St. Xavier s College, Kolkata; Empirical Evidence on the Relationship between Foreign Direct Investment & Economic Growth: A Cross-Country Exploration in Asia (joint with Kumarjit Mandal, University of Calcutta) Discussant: Joysri Acharyya, Lady Brabourne 9

10 College, Kolkata Varun Bhandari, Delhi School of Economics, Delhi; On Dynamic Relationship between Foreign Direct Investment (FDI) & Macro-Economic Factors: The Indian Experience (joint with Ritika Seth, Motilal Nehru College, Delhi & Vanita Tripathi, Delhi School of Economics, Delhi). Discussant: Tanmoyee Bannerjee, Jadavpur University Jaydeep Mukherjee, Indian Institute of Foreign Trade, New Delhi, Cointegration between FDI & Current Account Balance in India:Empirical Analysis in the Presence of Endogenous Structural Breaks (joint with Debashis Chakraborty, Indian Institute of Foreign Trade, New Delhi; Tanaya Sinha, Amity University). Discussant: Joyjit Dhar, Krishnagar Government College. Session-in-Charge: Jaydeep Mukherjee 4:10 p.m. 4:20 p.m. Coffee Break 4:30 p.m. 5:30 p.m. Valedictory Session (C V Raman Hall) Chair: Surajit Mitra, Indian Institute of Foreign Trade Speaker: Partha Sen, Delhi School of Economics Session-in-Charge: Ranajoy Bhattacharyya 10