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Sah, Raaj Kumar

Overview
Works: 50 works in 126 publications in 1 language and 314 library holdings
Roles: Author
Classifications: HC106.3, 338.9
Publication Timeline
Key
Publications about Raaj Kumar Sah
Publications by Raaj Kumar Sah
Most widely held works by Raaj Kumar Sah
The social cost of labor, and project evaluation : a general approach by Raaj Kumar Sah( Book )
11 editions published between 1983 and 1986 in English and held by 20 libraries worldwide
This paper develops a general methodology for analyzing shadow wage (and other shadow prices). Our approach is to identify those reduced form relationships describing the economy which are central to the determination of the shadow wage, and use these to obtain simple formulae for the shadow wage. Among the aspects of the economy on which we focus are: (i) the difference between the domestic and international prices, (ii) the equilibrating mechanisms in the economy, (iii) the mechanisms which determine earnings of industrial and agricultural workers, (iv) the nature of migration, and (vi) the intertemporal trade-offs and the attitudes towards inequality. These aspects are modelled in a general manner, which can be specialized to a number of alternative hypotheses concerning technology, behavioral postulates, and institutional settings. Most earlier results on the shadow wages are derived as special cases of our formulae. In addition, we identify a number of new qualitative results concerning the relationship between the shadow wage and the market wage
Social osmosis and patterns of crime : a dynamic economic analysis by Raaj Kumar Sah( Book )
5 editions published between 1987 and 1992 in English and held by 18 libraries worldwide
The invariance of R & D to the number of firms in the industry by Raaj Kumar Sah( Book )
5 editions published between 1985 and 1986 in English and held by 16 libraries worldwide
The architecture of economic systems : hierarchies and polyarchies by Raaj Kumar Sah( Book )
9 editions published between 1984 and 1987 in English and held by 15 libraries worldwide
This paper presents some new perspectives on the structure and performance of alternative economic organizations. We posit that decision makers make errors of judgement (for example, they sometimes select bad projects while rejecting good projects), and that how these errors are aggregated within different organizations depends on their architecture (for example, on how individuals are organized together). Using this framework, we compare the performances of two polar forms of organizations: hierarchies and polyarchies. Assuming judgmental abilities of individuals are similar in the two systems, we show that polyarchies accept a larger proportion of bad projects (compared to hierarchies) whereas hierarchies reject a larger proportion of good projects. We then determine the conditions under which polyarchies have higher or lower expected profit. The conditions under which polyarchies perform better appear to be more plausible and, moreover, this conclusion holds also in the case where the rules for accepting or rejecting projects are rationally determined based on the information available to individuals. The architecture of organizations also affects their portfolio of available projects; we determine conditions under which polyarchies have better or worse portfolios compared to those available to hierarchies. There are many possible extensions of our approach. Among them are the analysis of internal structure of firms, selection of managers (by other managers) and the reproduction and self-perpetuation of organizations over time
The economics of price scissors by Raaj Kumar Sah( Book )
7 editions published between 1983 and 1987 in English and held by 11 libraries worldwide
We analyze consequences of changing the terms of trade between agriculture and industry on capital accumulation and on welfare of workers in different sectors. The issue was central to Soviet industrialization debate and it remains important in today's developing world. Through a simple general equilibrium model, we show that a price squeeze on peasants increases accumulation (as Preobrazhensky argued), but it makes both urban and rural workers worse-off (contrary to Preobrazhensky's contention). The desirable changes in terms of trade are shown to depend on intertemporal valuations, but, within a range, not on rural-urban welfare trade-off. Our characterization of the optimal terms of trade is remarkably simple, in which the roleof welfare weights and of relevant empirical parameters are easily as certained. We then extend our analysis to economies with labor mobility and unemployment and, using a simple model with rigid industrial wage, show that the optimal terms of trade entail a tax on urban sector, a subsidy to rural sector, and a level of urban employment such that the urban wage exceeds the marginal product of urban worker
Taxation and pricing of agricultural and industrial goods by Raaj Kumar Sah( Book )
5 editions published between 1984 and 1988 in English and held by 10 libraries worldwide
This paper presents an analysis of price reform and of optimal pricing and taxation of agricultural and industrial goods in modern-day LDCs. Our analysis is based on a general equilibrium paradigm with a multitude of goods and income groups. It is consistent with several alternative institutional structures with in the agricultural and the industrial sectors, as well as with alternative hypotheses concerning unemployment and migration of labor across the two sectors. This approach differs substantially from the standard tax literature with regard to the structure of the economy and the set of admissible taxes. The rules of price reform which we derive are quite simple to implement, requiring only the knowledge of observable parameters such as price elasticities of demand and supply. The determination of optimal prices (and taxes) requires, in addition, the relative welfare weights on individuals' incomes and on investment. We show that it is desirable, ingeneral, to levy import and export taxes. Among new results are those presenting conditions under which all of the goods belonging to certain categories (such as all purchased agricultural inputs or all agricultural outputs which are not consumed) should be either taxed or stibsidized
The quality of managers in centralized versus decentralized organizations by Raaj Kumar Sah( Book )
4 editions published between 1990 and 1991 in English and held by 10 libraries worldwide
Sources of technological divergence between developed and less developed economies by Raaj Kumar Sah( Book )
4 editions published between 1988 and 1990 in English and held by 10 libraries worldwide
Fallibility in human organizations and political systems by Raaj Kumar Sah( Book )
4 editions published in 1991 in English and held by 10 libraries worldwide
An explicit closed-form formula for profit-maximizing k-out-of-n systems subject to two kinds of failures by Raaj Kumar Sah( Book )
3 editions published between 1990 and 1991 in English and held by 8 libraries worldwide
Committees, hierarchies and polyarchies by Raaj Kumar Sah( Book )
4 editions published between 1987 and 1988 in English and held by 6 libraries worldwide
A proposal for using incentive precommitments in public enterprise funding by Raaj Kumar Sah( Book )
4 editions published between 1988 and 1991 in English and held by 5 libraries worldwide
The taxation and pricing of agricultural and industrial goods in developing economies by Raaj Kumar Sah( Book )
2 editions published between 1985 and 1987 in English and held by 4 libraries worldwide
Queues, rations and market : comparisons of outcomes for the poor and the rich by Raaj Kumar Sah( Book )
3 editions published between 1986 and 1987 in English and held by 4 libraries worldwide
Distributional consequences of rural food levy and subsidized urban rations by Raaj Kumar Sah( Book )
3 editions published between 1986 and 1988 in English and held by 4 libraries worldwide
Managerial quality in centralized versus decentralized economic systems by Raaj Kumar Sah( Book )
2 editions published in 1986 in English and held by 4 libraries worldwide
A useful statement of some Schur-Cohn stability criteria for higher order discrete dynamic systems by Raaj Kumar Sah( Book )
3 editions published between 1989 and 1991 in English and held by 4 libraries worldwide
Persistence and pervasiveness of corruption : new perspectives by Raaj Kumar Sah( Book )
2 editions published in 1988 in English and held by 4 libraries worldwide
Price scissors and the structure of the economy by Raaj Kumar Sah( Book )
2 editions published between 1985 and 1987 in English and held by 3 libraries worldwide
The invariance of R+D to the number of firms in the industry by Raaj Kumar Sah( file )
2 editions published in 1988 in English and held by 0 libraries worldwide
Thi spaper presents certain remarkably simple results concerning market's allocation to R&D and its comparison to socially efficient allocations. We posit that a firm can undertake more than one project aimed at the same innovation, and consider a product market characterized by Bertrand competition. Among the results we obtain is that the market R&D (that is, the number of projects undertaken, and the effort spent on different projects) is invariant to the number of firms. We also examine the effects of the number of firms on the gains from innovation to consumers, firms, and society, and show, in particular, that the market undertakes less R&D than is socially desirable
 
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Alternative Names
Raaj Kumar Sah
Languages
English (84)
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