Prakash

Professor Prakash in the Media

The London School of Economics has cited Professor Prakash‘s paper on education and incentives in Bihar in their blog. The paper, titled “Education Policies and Practices: What Have We Learnt and the Road Ahead for Bihar,” has also been covered by Ideas for India, which Professor Prakash was invited to join earlier this year.

Professor Prakash has also published a non-technical summary of his paper “The Redistributive Effects of Political Reservation for Minorities: Evidence from India” in VOX. VOX is a policy portal that aims to promote research-based policy analysis and commentary by leading scholars.

Professor Nishith Prakash has been invited to Growth Week 2012, a three day conference held by the International Growth Centre at the London School of Economics. Professor Prakash spent time at the IGC this summer as an academic visitor. The conference will be held from September 24-26.

Professor Prakash’s Article Accepted in Journal of Economic Behavior and Organization

Cover of JEBOProfessor Nishith Prakash‘s article titled “Consumption and Social Identity: Evidence from India” has been accepted for publication in the Journal of Economic Behavior & Organization. 

Abstract:
We examine spending on consumption items which have signaling value in social interactions across groups with distinctive social identities in India, where social identities are defined by caste and religious affiliations. Using nationally representative micro data on household consumption expenditures, we find that disadvantaged caste groups such as Other Backward Castes spend eight percent more on visible consumption than Brahmin and High Caste groups while social groups such as Muslims spend fourteen percent less, after controlling for differences in permanent income, household assets and household demographic composition. The differences across social groups are significant and robust and these differences persist within different sub populations. We find that the higher spending of OBC households on visible consumption is diverted from education spending, while Muslim households divert spending from visible consumption and education towards greater food spending. Additionally, we find that these consumption patterns can be partly explained as a result of the status signaling nature of the consumption items. We also discuss alternative sources of differences in consumption patterns across groups which stem from religious observance.

Click to view full article.

Professor Prakash invited to join new India Policy Portal

International Growth Centre
Professor Nishith Prakash was recently invited to join a newly formed online economics and policy portal for India, funded by the International Growth Centre (IGC). The portal will potentially become the go-to source for ideas and evidence on policy issues in India.  The portal’s goal is to be an ideologically neutral portal for researchers to discuss policies and ideas with a wide audience, and to encourage debate and analysis based on rigorous evidence.

Professor Prakash’s expertise and research in the Indian economy made him a sought after addition to the group. His “Cycling to School” project, which focuses on school attendance in rural India, is also funded by the IGC.

Professor Prakash invited to London School of Economics and University College London for the Summer

Professor Prakash will spend two months this summer in England, working with the London School of Economics and Political Science and University College London.

From June 18 through July 30, Professor Prakash will be an Academic Visitor at the Economic Organisation and Public Policy Programme at the Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) at the London School of Economics and Political Science.

During that time (June 25-29), Professor Prakash will be giving a seminar at the Centre for Research and Analysis of Migration (CReAM) at University College London.

Professor Prakash’s “Cycling to School” Project

The International Growth Center currently funds a project by Professor Nishith Prakash, called “Cycling to School: Increasing High School Girl’s Enrollment in Bihar.”  The aim of this project is to estimate the impact of “Mukhyamantri Balika Cycle Yojna,” policy experiment by the government of Bihar on girls’ educational outcomes.  There are very few empirical studies in India on the impact of a conditional cash transfer on school participation.  This project will measure the impact of the program on enrollment, drop-out, attendance, and school progression of adolescent girls.  The project has been cited in the media, including Times of India, and the Hindustan Time. Below is a write-up from the IGC.

The “Mukhyamantri Balika Cycle Yojna” (Chief Minister’s Bicycle Program for secondary school girls) has been one of the flagship programs of the Govt. of Bihar in the past 5 years to improve secondary school enrollment among girls. The objective of this research work is to estimate the impact of this policy experiment on girl’s educational outcomes.

Improving female education directly contributes to inclusive growth through both (a) the direct channel of improved human capital of female participants in the labour force, and (b) the indirect channel of improved human capital of the next generation (several studies have shown high-levels of inter-generational transmission of human capital from mothers to children). It would also contribute to “inclusive” growth by allowing traditionally disadvantaged groups (women) to participate more directly in the growth of the Indian economy through increased employment opportunities, by improving their intra-household bargaining position, and by providing them the ‘capabilities’ (in Amartya Sen’s terminology) to live more meaningful lives in an increasingly complex world where the returns to education appear to be increasing.

Hence, a fundamental policy question in most developing countries (including India) is to identify cost-effective and scalable policies that improve school attainment of girls (an objective that addresses multiple Millennium Development Goals). While hundreds of schemes are launched as pilots and then discarded when the concerned officer (or government) changes, the bicycle program is one that has caught the imagination of voters as well as political leaders and its high visibility has led to heightened interest in replicating the policy across India.

So far the Government of Bihar has already spent Rs. 174.36 crores on this program in the past 3 years, but there is no reliable estimate of the impact of the program on key outcome variables or any attempt to estimate a social rate of return on this investment. A careful impact evaluation of the bicycle program is therefore a piece of analytical work that can directly feed into the policy discussions in Bihar and across India on whether programs like the “bicycle program” should be scaled up. Specifically, in this project we will measure the impact of the program on enrollment, drop-out, attendance, and school progression of adolescent girls.

Watch the video IGC made on the project.

Read Greg Makiw’s blog about this project here. Greg is a Professor of Economics at Harvard University.

Professor Prakash cited for his work on English Language Skills in India

Prof. Prakash’s research on “The Returns to English Language Skills in India” was recently cited by Dr. Sanjaya Baru at The Business Standard  on 15th August, 2011 (this day also happens to be the Independence Day for India).

Dr Sanjaya Baru is the Editor of a leading financial newspaper in India, The Business Standard. From May 2004 until August 2008 he was the Official Spokesman and Media Advisor to the Prime Minister of India. Prior to his official appointment, he was the Chief Editor of The Financial Express. He has also been the Associate Editor of The Economic Times and The Times of India. He is one of India’s most respected and influential commentators on political and economic issues.

Dr Sanjaya Baru has been a Professor at the Indian Council for Research on International Economic Relations in New Delhi, and a Member of India’s National Security Advisory Board in the Prime Minister’s Office. He is the author of Strategic Consequences of India’s Economic Performance, which was launched in the UK at the IISS in April 2007, and The Political Economy of Indian Sugar (1990). He has also published extensively on economic and strategic policy in India and abroad.

In this research work, Prof. Prakash with his co-authors (Prof. Chin at University of Houston and Dr. Azam at The World Bank) find that being fluent in English (compared to not speaking any English) increases hourly wages of men by 34%, which is as much as the return to completing secondary school and half as much as the return to completing a Bachelor’s degree. Being able to speak a little English significantly increases male hourly wages 13%. They find considerable heterogeneity in returns to English. More experienced and more educated workers receive higher returns to English. The complementarity between English skills and education appears to have strengthened over time. Only the more educated among young workers earn a premium for English skill, whereas older workers across all education groups do.

Nishith Prakash to join department

Nishith Prakash will be joining the University of Connecticut in January 2012 as assistant professor on a joint position with the Department of Economics and the Human Rights Institute. He received his PhD in Economics from University of Houston, TX and his Master’s from Delhi School of Economics at University of Delhi, India. He is currently a post-doctoral research associate at Cornell University. His primary research interests are Development Economics, Labor Economics and Public Policy. In Development Economics, his current research focuses on understanding the effects of employment and political reservation policies in India on labor market outcomes, child labor and poverty. In Labor Economics, his research interests lie in analyzing returns to English-language skills, labor market discrimination, and occupational choices among minorities in India. He is also a research fellow both at IZA and CReAM.