Cotton is one of the most important crops throughout the history of India and it also plays an important role in social and economic aspects of the Indian society in the present age. Recent technological advances and ...Cotton is one of the most important crops throughout the history of India and it also plays an important role in social and economic aspects of the Indian society in the present age. Recent technological advances and trade liberalization have made India a major player in international cotton markets. In the year 2011-2012, India was the world＇s second largest producer, consumer and exporter of cotton. The increasing role of the Indian cotton sector in international markets is a direct challenge to other major players like the US. Within this context, a better understanding of the Indian cotton sector and the impact of mechanization on cotton cultivation are needed. The overall objective of this paper is to assess the competitiveness of Indian cotton producers and potential implications for India as a competitor in the world cotton market if it mechanizes harvesting of cotton. The results demonstrate that the net income of the Indian cotton farmers will increase considerably with the mechanization of cotton harvesting. But the adoption of the practice of harvesting cotton by mechanical means is possible only if efforts from many private and public agencies come together. In that scenario, the cotton production in India can increase considerably which can impact the international markets.展开更多
While the existing literature suggests political liberalization enhances the freedom of foreign direct investment （FDI）, the observation that some countries with more liberal political regimes have more restrictive ...While the existing literature suggests political liberalization enhances the freedom of foreign direct investment （FDI）, the observation that some countries with more liberal political regimes have more restrictive policies toward direct investment than others remains unexplained. With a theoretical model of plural political competition and empirical evidences gathered from panel data, I argue that the liberalizing effect of political liberty on foreign direct investment hinges on the local factor endowment of the country experiencing democratization. I develop a theory of investment policy formation that takes into account the strategic response from domestic societal actors to redistribution of political power and its impact on FDI liberalization. Consistent with the theoretical prediction, the empirical results show political liberalization is more likely to lead to liberalization of foreign direct investment when the capital-labor ratio in the economy is relatively low.展开更多
文摘Cotton is one of the most important crops throughout the history of India and it also plays an important role in social and economic aspects of the Indian society in the present age. Recent technological advances and trade liberalization have made India a major player in international cotton markets. In the year 2011-2012, India was the world＇s second largest producer, consumer and exporter of cotton. The increasing role of the Indian cotton sector in international markets is a direct challenge to other major players like the US. Within this context, a better understanding of the Indian cotton sector and the impact of mechanization on cotton cultivation are needed. The overall objective of this paper is to assess the competitiveness of Indian cotton producers and potential implications for India as a competitor in the world cotton market if it mechanizes harvesting of cotton. The results demonstrate that the net income of the Indian cotton farmers will increase considerably with the mechanization of cotton harvesting. But the adoption of the practice of harvesting cotton by mechanical means is possible only if efforts from many private and public agencies come together. In that scenario, the cotton production in India can increase considerably which can impact the international markets.
文摘While the existing literature suggests political liberalization enhances the freedom of foreign direct investment （FDI）, the observation that some countries with more liberal political regimes have more restrictive policies toward direct investment than others remains unexplained. With a theoretical model of plural political competition and empirical evidences gathered from panel data, I argue that the liberalizing effect of political liberty on foreign direct investment hinges on the local factor endowment of the country experiencing democratization. I develop a theory of investment policy formation that takes into account the strategic response from domestic societal actors to redistribution of political power and its impact on FDI liberalization. Consistent with the theoretical prediction, the empirical results show political liberalization is more likely to lead to liberalization of foreign direct investment when the capital-labor ratio in the economy is relatively low.
