Current Issues in the Economy and Finance of India ICEF 2018
This proceedings volume highlights important points of achieving a balanced and sustained growth path from diverse economics and finance perspectives, touching on a wide array of economic and social analyses in India. Featuring contributions presented at
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Aswini Kumar Mishra Vairam Arunachalam · Debasis Patnaik Editors
Current Issues in the Economy and Finance of India ICEF 2018
Springer Proceedings in Business and Economics
More information about this series at http://www.springer.com/series/11960
Aswini Kumar Mishra Vairam Arunachalam Debasis Patnaik •
Editors
Current Issues in the Economy and Finance of India ICEF 2018
123
Editors Aswini Kumar Mishra Department of Economics Birla Institute of Technology and Science (BITS), Pilani Goa, India
Debasis Patnaik Department of Economics Birla Institute of Technology and Science (BITS), Pilani Goa, India
Vairam Arunachalam Trulaske College of Business, School of Accountancy University of Missouri Columbia, MO, USA
ISSN 2198-7246 ISSN 2198-7254 (electronic) Springer Proceedings in Business and Economics ISBN 978-3-319-99554-0 ISBN 978-3-319-99555-7 (eBook) https://doi.org/10.1007/978-3-319-99555-7 Library of Congress Control Number: 2018951919 © Springer Nature Switzerland AG 2018 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
This book includes papers presented at the International Conference on Economics and Finance (ICEF 2018) held at Goa, India. The 2-day event was organized by the Department of Economics, BITS Pilani, K.K. Birla Goa Campus during February 16–17, 2018. The event aimed at stimulating critical thinking and sharing knowledge across emerging themes toward sustainable development, economics, finance, and related fields. Through this event, it is being strived to provide a platform for researchers from academia, industry, and regulatory organizations to deliberate on empirical findings, advances in economic and finance theories, and policy implications related to emer
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