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An Empirical Analysis of the rising Wage Inequality in Indian Manufacturing

An Empirical Analysis of the rising Wage Inequality in Indian Manufacturing

Event End Date
Event Title
An Empirical Analysis of the rising Wage Inequality in Indian Manufacturing
Event Details
<strong>Center for International Trade and Development (JNU) </strong> departmental seminar Speaker: <strong>Priyanta Ghosh</strong> PhD Candidate, CITD Title: <strong>An Empirical Analysis of the rising Wage Inequality in Indian Manufacturing</strong> <strong>Abstract: </strong>The wage inequality between skilled and unskilled labour has been observed to have risen in both developed and developing countries in recent years. The received explanations for this phenomenon have been mainly attributed to (1) outsourcing and (2) skilled biased technological change. However, very few of these explanations were carried out in a general equilibrium framework. In a recent paper using a general equilibrium framework with factor specificity it has been suggested that differential marginal productivity growth of skilled and unskilled labour could be a possible cause of rising wage inequality. While this is an interesting testable hypothesis, it is in essence seems to be incomplete as it does not try to explain why the productivities of skilled and unskilled labour should move differently. In our paper we shall try to first, examine the trend of wage inequality in Indian manufacturing and second, examine whether the productivity differential hypothesis as an explanation of rising wage inequality in India can be validated. Having done this we further try to examine the possible factors that might be affecting the marginal productivities of skilled and unskilled labour differently. Date: <strong>Wednesday, 8th April 2015</strong>

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Initially, established as a Centre for Chinese and Japanese Studies, it subsequently grew to include Korean Studies as well. At present there are eight faculty members in the Centre. Several distinguished faculty who have now retired include the late Prof. Gargi Dutt, Prof. P.A.N. Murthy, Prof. G.P. Deshpande, Dr. Nranarayan Das, Prof. R.R. Krishnan and Prof. K.V. Kesavan. Besides, Dr. Madhu Bhalla served at the Centre in Chinese Studies Programme during 1994-2006. In addition, Ms. Kamlesh Jain and Dr. M. M. Kunju served the Centre as the Documentation Officers in Chinese and Japanese Studies respectively.

The academic curriculum covers both modern and contemporary facets of East Asia as each scholar specializes in an area of his/her interest in the region. The integrated course involves two semesters of classes at the M. Phil programme and a dissertation for the M. Phil and a thesis for Ph. D programme respectively. The central objective is to impart an interdisciplinary knowledge and understanding of history, foreign policy, government and politics, society and culture and political economy of the respective areas. Students can explore new and emerging themes such as East Asian regionalism, the evolving East Asian Community, the rise of China, resurgence of Japan and the prospects for reunification of the Korean peninsula. Additionally, the Centre lays great emphasis on the building of language skills. The background of scholars includes mostly from the social science disciplines; History, Political Science, Economics, Sociology, International Relations and language.

Several students of the centre have been recipients of prestigious research fellowships awarded by Japan Foundation, Mombusho (Ministry of Education, Government of Japan), Saburo Okita Memorial Fellowship, Nippon Foundation, Korea Foundation, Nehru Memorial Fellowship, and Fellowship from the Chinese and Taiwanese Governments. Besides, students from Japan receive fellowship from the Indian Council of Cultural Relations.