Asia Research Community

South Asia

The South Asia research unit carries out research within international economics, international business and management, with perspectives from sociology, anthropology, and political science. The research currently focus on India, with a cross-national, regional or global perspective.

South Asia research unit CBS

South Asia has been one of the fastest-growing regions in the world since the early 2000s. Notwithstanding this, the region is faced with challenges in all three dimensions of sustainable development—economic, social and environmental. The region still remains one of the most underdeveloped expanses of the world. Further, despite an impressive achievement in poverty reduction, it still accounts for half the planet’s poor. At the same time, income inequality has been steadily rising within and across regional countries with unsustainable consumption and production patterns endangering environment. The South Asian unit of ARC therefore undertakes research across a wide range of development issues. This research is published in peer-reviewed journals, as well as in working papers, books, policy briefs and reports. Our current research areas of interest include international trade, political economy of trade, competitiveness, technology and innovations, and inward and outward FDI. We welcome researchers from all over the world to share their research on the region with us and engage in collaboration in the form of individual projects, international workshops or conferences.

Aradhna Aggarwal (aa.egb@cbs.dk)

Special Economic Zones: A force for good to reduce Inequality?

The aim of this project is to bring together a group of researchers from Africa, Asia and Europe to evaluate the implications of special economic zones (SEZs) for development and social inequality in three emerging economies, Ghana, India, and Vietnam. These three countries provide cases with different levels of integration into global production networks on two different continents.

Contact persons Aradhna Aggarwal and Ari Kokko   
SEZs and Industrial Park Development in Central Asia

The landlocked Central Asian countries began developing special economic zones in the early 1990s. However, they failed in generating substantial gains through zones, and eventually, many of them scrapped them. Economic realities changed in these countries over the last decade. Creation of the Eurasian Economic Union, WTO agreements, the upcoming multimodal corridor network across the region, and the proposed silk road strategy have all contributed to   facilitating trade and growth in this formidable region.  To leverage these trade drivers and notwithstanding the earlier experience, these countries have introduced the ‘New’ Special Economic Zone regimes in recent years. A critical question that faces them is : What type of SEZs and SEZ policies are most likely to succeed in these countries? This project, sponsored by the Asian Development Bank, aims at addressing this question. While focusing on Kazakhstan and the Kyrgyz Republic, it proposes to identify the factors that are crucial for the success of SEZs in Central Asia keeping in view the physical, political and economic contexts of the region, and develop strategic frameworks for developing successful special economic zones and industrial parks in the selected countries. The two countries are different in terms of the level of development, income per capita, factor endowment, and human capital. The study will therefore have important implications for developing SEZs in landlocked countries with different economic potential.

contact person Aradhna Aggarwal
Poverty impacts of SEZs in India: A case study of Andhra Pradesh (with Ari Kokko and Shahzadi B Sheik)

Over the past two and a half decades, there has been a proliferation in the number of special economic zones. According to an estimate, in 2005, they accounted for slightly less than 20 percent of exports from emerging and developing economies. Notwithstanding the current hype over SEZs in developing countries, controversies regarding the beneficial effects of SEZs that have been raging since their emergence continue to persist. One of the most controversial aspects of SEZs is their impact on human development and poverty reduction. A significant body of literature now exists addressing the concerns about human development effects of these zones. However, most studies are narrow in scope and are based on case studies or cross sectional surveys. Empirical evidence based on a longitudinal analysis of data is non-existent. This project is an attempt to analyse the poverty reduction effects of SEZs in India using household expenditure surveys for the period from 2002 to 2014. It focuses on Andhra Pradesh, an Indian state with the largest number of manufacturing SEZs and proposes to use difference-in difference technique to analyse the impact of SEZs on poverty levels in the state. The empirical analysis will be supplemented by primary research based on field interviews.

contact person Aradhna Aggarwal
Conceptual Framework for SEZs and the experience of Asian countries

This study presents a comprehensive and integrated conceptual framework to explain the divergent experiences of SEZ countries in Asia. It distinguishes between the formal and informal institutions and argues that SEZs are a safety valve between these institutions in a given macroeconomic context. They can serve as a multi-dimensional policy tool. There is thus no universal set of critical success factors or development outcomes of SEZs. Much depends on the strategic approach underlying the SEZ policy. Policy markers implementing the SEZ policy must have a clear understanding of these approaches and the underlying mechanisms through which SEZs can achieve the desired goals. A potentially successful strategy is conditional upon the macro conditions, broader growth strategy, development goals and institutional challenges facing the country. A review of the SEZ experience of 11 selected Asian countries shows that a strong focus on the competitiveness of domestic firms and continuous strengthening of their capacity together with upgrading of SEZs are pre-requisites to achieve phenomenal industrial transformation using the SEZ strategy. The project was funded by the Asian Development Bank.

contact person Aradhna Aggarwal
SEZs, Spillovers and Industrial Diversification in South Asia ( with Mombert Hoppe, World Bank and Peter Walkenhorst, World Bank)

SEZs contribute to diversification through two pathways: First, by attracting manufacturing activities to predominantly resource-based developing countries, SEZs add to the diversity of economic activities just through their very existence. And second, SEZs can stimulate the mainland economy through productive linkages. The latter can be vertical by increasing demand for intermediate goods that are produced on the mainland, or horizontal by demonstrating the feasibility of manufacturing non-traditional products. 3 In this context, the central development questions concern (i) the institutional factors that have been instrumental for determining the relative performance of SEZs, and (ii) the extent to which the two types of linkages exist and can best be harnessed for the diversification of the mainland economy. This study addresses the two questions by assessing and comparing the experiences with special economic zones in Bangladesh, India, and Sri Lanka. It concludes that the effect of EPZs on diversification varies by sector or type of activity. In some sectors, EPZ activity adds to already existing exports in the countries, in others it absorbs production and exports previously performed in the mainland economy, and in a third set it brings entirely new production processes to the country. The study was funded by the World Bank.

contact person Aradhna Aggarwal
Performance of Export Processing Zones: A Comparative Analysis of India , Sri Lanka and Bangladesh

Bangladesh, India, and Sri Lanka have a long tradition of operating export processing zones. This project focuses on the SEZ performance in South Asia. It covers three South Asian countries, namely India, Sri Lanka and Bangladesh and examines the factors that are crucial for the success of the zones in South Asia. The study is based on extensive field surveys across all SEZs operating in 2005 in these countries. The officials of these SEZs were also interviewed using structured questionnaires. It begins with exploring different perspectives on the economics of zones. It then briefly describes the evolution of the EPZ Policy in these countries and examines the quality of governance, incentive packages and infrastructure facilities offered by the zones across the three countries in a comparative analytical framework. It also provides a comprehensive analysis of the FDI inflows and export performance of SEZs using the available information and finally examines the determinants of the variations in investment and export performance across countries and zones empirically within the theoretical framework provided by the new growth theories. While doing so, it uses both primary and secondary data. The comparative assessment attempted in this study yields several lessons. The study was based on a grant from the South Asian Network of Economic Institutes (SANEI).

contact person Aradhna Aggarwal
Assessment of Economic and Social Effects of Newly Notified SEZs in India

The new SEZ policy 2005 has triggered a wide ranging debate in India over the rationale and usefulness of SEZs. In view of the ongoing debate, this study was instituted by the Ministry of Commerce Government of India. The study involves extensive field surveys covering 9 SEZ active states in India. It outlines the evolution of SEZs; traces economic philosophies explaining the rationale and benefits of SEZs; extends existing theoretical literature to explain the economic impacts of SEZs; assesses different dimensions of sustainable development impacts of newly notified SEZs in India; reviews the strategies followed by various state governments in the implementation of the policy ; and discusses the impact of internal dynamics and external forces on the future prospects of SEZs. It argues that the existing economic theories do not adequately explain the rationale and contribution of SEZs. These approaches need to be extended by integrating the provisions of the theories of agglomeration economies and global value chains within the existing theoretical frameworks. It analyses the economic, social and environmental impacts of SEZs within the extended theoretical framework. The findings of the study were published by OUP in a monograph.

contact person Aradhna Aggarwal
Impact Assessment of Sunset Clause, SEZ policy and the Global Recession on STP Units: Department of Information Technology, Government of India

Information technology software and services (IT/ITES) industry has emerged as one of the most dynamic sectors in India’s economic boom. It is remarkable that a knowledge intensive industry of an emerging economy achieves such phenomenal success in export markets. This triggered a stream of studies identifying the factors that have contributed to the success of the industry. Surprisingly, the setting up of Software Parks (STPs), which has been one of the most important components of the government policy has received scant attention in the literature. This project was funded by the Ministry of Information Technology to analyse the role of STPs in the promotion of the IT industry. A wide range of secondary data complemented field research to show that these parks have played an important and dominant role in the emergence and development of the Indian software industry.

contact person Aradhna Aggarwal
Impact of Industrial Clusters on Employment, Human Development and Poverty in Selected Asian Countries

This study funded by the United Nations development Programme (UNDP) focuses on the human development effects of SEZs. Although labour standards, labour relations and employment effects have been the most critical and controversial elements of SEZs, a comprehensive analysis on these aspects is scarce in the Indian context. This study aims at examining the impact of Special Economic Zones (SEZs) on human development and poverty reduction in India. It identifies three channels through which SEZs address these issues: employment generation, skill formation (human capital development), and technology and knowledge upgradation. It examines how the impact of SEZs is passed through each of these channels. It involves two surveys conducted simultaneously: one of entrepreneurs in selected zones and the other of labour employed in their units. In all, 75 units were selected across three SEZs and two fully structured surveys were administered. The study finds that the human development effects of SEZs differ significantly according to the characteristics of the SEZs, in particular, the level of their development as reflected in the composition of economic activities.

contact person Aradhna Aggarwal
Impact of CDM on technological capabilities of firms in India

The Kyoto Protocol’s Clean Development Mechanism (CDM) has the potential to drive the growth of clean and sustainable technology in developing countries such as India. This study assesses the impact of the Clean Development Mechanism (CDM) on the dynamic capabilities of implementing firms in India.  While doing so, it uses three indicators of firms’ dynamic capabilities: R&D expenditures to sales ratio, fuel consumption to sales ratio and total factor productivity growth. The novelty of the study lies in the fact that it moves away from the analysis of technology transfer claims made in either Project Development Documents or primary surveys to use actual information on firms’ performance for the analysis. A difference-in-difference design is used by defining CDM-implementing firms as the treatment group and non-CDM firms as the control group for the pre- and post-CDM implementation periods. We control for unobserved fixed effects of firms and time periods and observed characteristics of firms and CDM projects.  The analysis draws on the balance sheet data of 612 firms from India between 2001 and 2012 from the PROWESS database. Our results reveal that the CDM implementation does not have significant outcome effects on the dynamic capabilities of firms. Much depends on the type and size of the project, and size of the firm. The study is based on a grant from South Asian Network of Economic Development and Environment.

contact person Aradhna Aggarwal
PPP in promoting Innovation in SMEs

Innovation is key to economic development and increasingly a vital ingredient of global competitiveness. It is an established fact that small enterprises, globally, have been the most effective source of innovation leading to the biggest impact on economic growth and job creation of a nation. Leading Governments recognized this potential and have actively encouraged and supported small businesses in turn relishing superior job and economic outcomes. Greater use of public-private partnerships (PPP) can increase this responsiveness and enhance the efficiency and cost-effectiveness of innovation policy.  Over the past two decades, a plethora of PPP in technology and innovation development has emerged in India. However, in the absence of any systematic reviews, we know very little about the effectiveness of these programmes. This study funded by Wadhwani Foundation is an attempt to fill this gap. It examines and assesses the effectiveness of PPP in innovation, with a special focus on the two major initiatives of the Department of Biotechnology. The analysis is based on a primary survey of 100 beneficiaries (based on convenience sampling) of these programmes. The primary purpose of this study is to produce a set of evidence-based recommendations to help policy makers further improve and scale the programmes to fully capture their potential.  

contact person Aradhna Aggarwal
Kerala Perspective Plan 2030 (leading a team of researchers)

The Kerala Perspective Plan (KPP) of Kerala 2030 was a State Planning Board initiative in the Indian state of Kerala. This is a unique state in the Indian context. Its achievements in terms of human development indicators such as education, health, and demographic indicators have been globally acknowledged. It has also achieved impressive social development in term of social equality, social network ties, and social cohesiveness. Paradoxically, in contrast to the experience of high income countries, these achievements have been made at low levels of economic development and per capita income and without being accompanied by corresponding economic growth. This development experience of Kerala is portrayed as a paradox of ‘human development despite economic stagnation of its economy’. This project was instituted by the Planning Board of the State to develop a twenty year’s integrated strategic plan with a concrete strategic framework for leveraging the human capital to achieve economic prosperity. The outcome of the project was a planning document ‘KPP-2030’ which is a strategic articulation of the development vision, mission, goals, and a high level strategy to achieve them. Creation of a knowledge-based economy is central to this Perspective Plan. The document is organised in four volumes covering nearly all aspects of the economy. The plan is currently under implementation

contact person Aradhna Aggarwal
Structural Change and Poverty reduction in India

This study was a part of the United Nations Industrial Development Organisation (UNIDO) initiated project on structural change and poverty reduction in the BRICS countries and was conducted in collaboration with Nagesh Kumar. This is a case study of India’s experience with industrialization and its impacts on poverty reduction over the last half century. The paper finds that while structural transformation has taken place in India, it has not been as conducive to poverty reduction as it might have otherwise have been. Our analysis suggests that this is because the pattern of growth in India has not been characterised by a change in the structure of employment towards manufacturing and services leaving agriculture to sustain the bulk of jobs with a very small share in GDP. In light of our analysis, further industrial expansion combined with redistributive mechanisms to help alleviate poverty are important steps forward in addressing India’s persistent poverty problem.

contact person Aradhna Aggarwal
Economic Growth, Employment and Productivity in India

This study funded by Wadhwani Foundation examines the relationship between economic growth on the one hand and the quality and quantity of employment on the other. It addressed the following research questions. One, Is growth correlated with increases in the quantity of jobs (job creation) or in the quality of jobs (increased productivity of existing jobs)?Two, Are the changes in output per worker due to changes within sectors, or due to shifts of workers from low productivity to higher productivity sectors, i.e. changing employment structure in India? Three, How is growth reflected in the sectoral pattern of growth and employment generation? Four, What are the sources of any increases in output per worker within sectors in India? Are they related to increases in Total Factor Productivity (TFP) due to more efficient use of existing resources? Or, are they due to increases in the ratio of capital to labour in firms? The analysis is conducted over a period from 1972 to 2012.

contact person Aradhna Aggarwal
Achieving Sustainable Trade and Investment: The Role of FDI Policies

Despite the growing importance of FDI, the relationship between FDI and environmental policies has not been extensively discussed in the existing literature. This study was funded by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) to fill this gap. It, first, examines the intersection between private investment, in particular foreign direct investment, and climate change, and then reviews how foreign direct investment and climate change policies interact and how they can be mutually supportive. This study examines FDI strategies and policies of selected countries, namely India, China and Vietnam and investigates their linkages with climate change mitigation efforts. The aim is to promote greater understanding of this interaction and to provide recommendations for how FDI policies and practices can be tailored to support the sustainable and inclusive development agenda. The study concludes that careful government policies and strategies are needed to promote “clean” investment-promotion programmes that can harness TNC resources in order to achieve this objective.

contact person Aradhna Aggarwal
Firm Dynamics and Productivity Growth in Indian Manufacturing: Evidence from Plant Level Panel Dataset

With Takahiro Sato and Atsuto Kamiike
This project on productivity dynamics funded by the Collaborative research projects ‘ Long term trends of India villages’ sponsored by Grants-in –aid for scientific research, Japan. It is a novel study in the Indian context which examines the effects of firms’ dynamics on industry level productivity growth in India during the period 2000-01 to 2005-06 using plant level panel data of 22 manufacturing industries. The empirical analysis is based on decomposition techniques of aggregate productivity growth. It uses the methods developed by Griliches and Regeve; Foster, Haltiwanger, and Krizan; and Melitz and Polanec. There are two commonly used measures of productivity, namely labour productivity and total factor productivity; the analysis uses both. Results suggest that the contribution of entry of new plants to aggregate productivity growth is positive in most industries.

As part of this project, a similar analysis is conducted for the Pharmaceutical industry of India for different clusters separately which investigates the effects of plants' dynamics on productivity growth in the Indian pharmaceutical industry across five regions: north, north-west, west, south and the rest of India. The selected regions differ in the degree and type of agglomeration of the pharmaceutical industry.  It is found that the effects of plant dynamics on productivity growth differ depending on the type of agglomeration.

contact person Aradhna Aggarwal
Employment and Occupational Outcomes: The Impact of Widening Access to Education in Brazil and India

ESRC Project with Professors Geraint Lancaster University, UK and Prof. Giseles Brazil University.

The impact of education on labour market outcomes is analysed in two of the BRIC countries – Brazil and India – and comparisons are drawn. In the case of Brazil, data come from the PNAD and RAIS-MIGRA series; for India, use is made of the NSS data. In both countries, occupational (and other labour market) destination is examined using both multinomial logit analyses and structural dynamic discrete choice modelling. The latter approach is particularly useful as a means of evaluating policy impacts over time, but, particularly in the case of India, data availability is a challenge. We overcome this by developing a matching method to construct a synthetic panel. We find that policy to expand educational provision leads initially to an increased take-up of education, and in the longer term leads to an increased propensity for workers to enter non-manual employment.  The project was funded by the Economic and Social Research Council (grant RES-238-25-0014).

contact person Aradhna Aggarwal
Impact evaluation of india’s ‘Yeshasvini’ community-based health insurance programme

Most national governments in developing countries have, in recent years, been trying to promote community-based health insurance programmes (CBHI) as part of their health policy. While the concept of CBHI holds theoretical appeal, empirical evidence about its effectiveness remains scarce. Most existing studies have focused on the impact of community financing programmes on health-care utilisation and financial protection. The important question about whether these programmes have improved the health outcomes and economic well-being of the poor, which are the ultimate objectives of the health policy, has received scant attention. This study addresses this gap in the literature. Using propensity score matching techniques, this study evaluates the impact of one of the most innovative and successful non-government CBHI programmes in India not merely in terms of the traditional health-care utilisation and financial protection outcome indicators but more importantly in terms of its effectiveness in promoting better health outcomes and economic well-being of the enrollees. For the analysis, 4109 randomly selected households in villages in rural Karnataka, an Indian state, were interviewed using a structured questionnaire. A comprehensive set of indicators was developed and the quality of matching was tested. The project was funded by the Bill and Melinda Gates Foundation.

contact person Aradhna Aggarwal
Anti-dumping in developing countries with a focus on India

This project was funded by the Sir Ratan Tata Trust grant as part of the capacity building in India on WTO related issues and was instituted at Indian Council of International Economic Relations, India. This three years project on antidumping yielded several studies on antidumping in developing countries with a focus on India.  These studies covered a wide range of topics on antidumping, These included: the trends in worldwide anti-dumping case filings and measures taken during the last two decade; the use of anti-dumping tool in developed and developing countries; analysis of macro economic factors that influence the use of anti-dumping in developed and developing countries; and the review of the WTO Agreement on Antidumping.  These studies reinforce the view that the primary jurisdiction for the anti-dumping law is really more political than economic. It is recommended that further fine-tuning and refining of the anti-dumping policy is not the answer to prevent its (mis)use. We call for fundamental changes in this law.

contact person Aradhna Aggarwal
Regional Integration and FDI in South Asia

Funded by the United Nations trade and Development, this study examines the effects of economic integration in South Asia on intra and extra regional FDI flows into the region. It argues that regional integration has the potential to promote intra and extra regional FDI flows and economic development in individual countries of the region. It also highlights the need to forge deeper integration within the region. This will pave the way for the most efficient use of the region's resources through additional economies of scale, value addition, employment generation and diffusion of technology. The success of regional integration will however depend upon the progress made in delivering sound economic policies, good governance, social stability, and adequate infrastructure. However, there are challenges. Politics, narrow nationalism and mutual mistrust are some of the factors that explain the failure of the region to develop regional cooperation. Paradoxically, the problems themselves provide strong motivation for strengthening cooperation. It is only through more intensive collaboration that these complexities can be addressed and resolved.

contact person Aradhna Aggarwal

Activity

The ambassador of India Mr. Ajit Gupte is visiting CBS on 29 october to give talk titled INDIA AS AN EMERGING POLITICAL AND ECONOMIC POWER. Se the event description

Eddie Ashbee has co-authored a commentary with Kashish Parpiani for the Observer Research Foundation (Mumbai) considering the US’s security ties with India and the ways in which the Trump administration’s political instincts are being reined in. Read the article here.

In May 2019, Prof. Aradhna Aggarwal was invited to speak to Central Asian Ministers on the development of regional corridors, read the news here.

Prof. Aradhna Aggarwal is guest-editing a special issue titled "'nation building initiatives' and businesses in India" for Copenhagen Journal of Asian Studies. Read the call for papers, deadline 1 august 2018.

ARC researchers in the South Asia Research Unit

Aradhna Aggarwal

Publications on South Asia

2022

Aggarwal, A. / Export Performance and India's Tryst with Self-reliance in the Globalised World In: Economic and Political Weekly, Vol. 57, No. 4, 22.1.2022, p. 55-62

Aggarwal, A. and Kokko, A. / SEZs and Poverty Reduction: Evidence from Andhra Pradesh, India. In: International Journal of Emerging Markets, Vol. 17, No. 8, 2022, p. 1793-1814

2021

Aggarwal, A. and Kokko, A. (2021), "SEZs and poverty reduction: evidence from Andhra Pradesh, India", International Journal of Emerging Markets, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJOEM-03-2019-0234 

2020

Zheng, Y. & Aggarwal, A. (2020). Special Economic Zones in China and India: A Comparative Analysis. In Oqubay, A. & Lin, J.Y., The Oxford Handbook of Industrial Hubs and Economic Development (pp. 607-622). Oxford: Oxford UP, 2020.

Takahiro Sato; Aradhna Aggarwal. 'Productivity Dynamics and Rural Industrialization in India,' In: Journal of Interdisciplinary Economics, Vol. 32, No. 1, 1.2020, p. 23-46

2018
Halaszovich, T. and Kinra, A. 2018, “The Impact of Distance, National Transportation Systems and Logistics Performance on FDI and International Trade Patterns: Results from Asian Global Value Chains”. Transport Policy, In Press 2018.

Aggarwal, Aradhna 2018. ‘The Impact of Foreign Ownership on Research and Development Intensity and Technology Acquisition in Indian Industries: Pre and Post Global Financial Crisis, Asian Development Review.

Aggarwal, Aradhna 2018. ‘Economic Growth, Structural Change and Productive Employment Linkages in India: Did Market Transition Matter?’ South Asian Economic Journal

2017
Aggarwal, Aradhna 2017. ‘The clean development mechanism and technology transfer: firm-level evidence from  India’. Innovation and Development, available online DOI: 10.1080/2157930X.2017.1366967

Aggarwal, Aradhna 2017 ‘Towards an integrated framework for special economic zones: A dynamic Institutional  Approach’, Copenhagen Discussion Paper, Issue 64.

Aggarwal, Aradhna 2017. ‘Pack houses being set up to meet export challenges’, special feature, Food & Beverage News July 16-31, 2017.

Aggarwal, Aradhna 2017.  ‘Food Parks in India: A critical assessment’, special feature, Food & Beverage News January 16-31, 2017
 

2016
Aggarwal Aradhna 2016 Local R&D and Technology Transfers: A Comparative  Analysis of Foreign and Local Firms in Indian Industries, Asian Development Review

Aggarwal Aradhna 2016 CDM and Dynamic capabilities of firms : Evidence from India, South Asian Network of Economic Development and Environment SANDEE working paper no. 106.

Aggarwal Aradhna 2016 Growth, Employment and Structural Change: Punjab versus Sixteen Major States of India, in L.Singh and N.Singh eds Economic Transformation of A Developing Economy, New Delhi:Springer

2015
Aggarwal Aradhna and Nagesh Kumar 2015 Structural Change, Industrialization and Poverty: The Case India.in Wim Naudé, Adam Szirmai and Nobuya Haraguchi, (eds) Structural Change and Industrial Development in the BRICS,  London: Oxford University Press

2014
Aggarwal Aradhna 2014 Promoting SEZs as a strategy of industrialisation and lessons learnt for New Manufacturing Policy, in an edited vol. on Handbook of the Indian economy in the 21st century Ashima Goyal New Delhi : Oxford University Press

Aggarwal Aradhna and Prakash Singh 2014 Regional Development Polices in India  in T. Farole eds The Internal geography of trade: Lagging regions and  Global Markets World Bank: Washington DC.

Aggarwal Aradhna 2014 New Insights on the relationship between Employment and GDP, Wadhwani Foundation Policy Research Centre, Working paper 001, New Delhi: Policy Research Centre, Wadhwani Foundation, USA

Aggarwal Aradhna and Sakshi Chawla 2014 Promoting PPP in R&D: Impact Assessment of SBIRI and BIPP, Research Report, New Delhi: Policy Research Centre, Wadhwani Foundation, USA

Worm, Verner 2014. Pragmatism versus Idealism: Understanding the Negotiating Practices in China and India.(2014) With R. Kumar. Thunderbird International Business Review, Vol. 56 (6): 519–530

2013
Aggarwal Aradhna 2013 Performance evaluation of Food parks in India in Ralph D.D.Christy, Carlos A. Da Silva N. Mhalanga, Krisztina Tihanyi and E.Mabaya eds Innovative Institutions, Public Policies, and Private Strategies for Agro-Enterprise Development, Singapore: World Scientific Publishing Co Ltd.

Aggarwal Aradhna Geraint Johnes, Ricardo Freguglia and Gisele Spricigo 2013 Education And Labour Market Outcomes: Evidence From India, Indian Journal of Labour Economics, , 563, 331-347

2012
Aggarwal Aradhna 2012  SEZ-led Growth in Taiwan, Korea, and India:  Implementing a Successful Strategy, Asian Survey 525 : 872–899.

A.Kamiike,  Takahiro Sato and Aggarwal Aradhna 2012 Productivity Dynamics in the Indian Pharmaceutical Industry: Evidence from Plant-level Panel Data Science, Technology & Society 17(3): 431–452

2011
Aggarwal Aradhna  2011 Strategising of SEZs : Analysis of China and India, Asia Kenkyu, pp 345-370

Aggarwal Aradhna 2011 Promoting agglomeration economies and industrial clustering through SEZs: Evidence from India, Journal of International Commerce and Economic Policy.2 2, 201-227,

Aggarwal Aradhna 2011 Trade Effects of Anti-dumping: Who benefits, International Trade Journal, 251 112-15847  

Aggarwal Aradhna 2011 Firm Dynamics and Productivity Growth in Indian Manufacturing: Evidence from Plant Level Panel Dataset with Takahiro Sato No DP2011-07, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

Aggarwal Aradhna 2011 Achieving equity in health through community based health insurance: India’s experience with a large CBHI programme”  Journal of Development Studies, December 2011

Aggarwal Aradhna 2011 South-South Cooperation in Technology Transfers and the Clean Development Mechanism: Some explorations Tech Monitor, May-June, 2011, pp: 37-47.

Worm, Verner. International Negotiation in China and India – A Comparison of the emerging Business Giants. (2011) With R. Kumar. Palgrave MacMillan

2010
Aggarwal Aradhna 2010 Regional Economic Integration and FDI in South Asia : Prospects and Problems, The IUP Journal of International Business Law, Vol. 9, Nos. 1 & 2, pp. 8-41, January & April 2010

Aggarwal Aradhna 2010 Impact Evaluation of India’s Yeshasvini Community Health insurance Programme, Health Economics, Volume 19, Issue S1, pages 5–35, September 2010

Aggarwal Aradhna 2010 Achieving Sustainable Trade and Investment: The role of FDI policies in China, Vietnam and India; Background paper for Trade and Investment report, UNESCAP, Bangkok.

2009
Aggarwal Aradhna 2009 Impact Assessment of Sunset Clause, SEZs and Global Crisis on STP firms, Electronics Information and Planning Journal, Department of Electronics, Government of India, Issue 1 and 2 Oct.-Nov, 1-42,

2008
Aggarwal Aradhna 2008 Special Economic Zones and Economic Diversification: Some Evidence from South Asia

Aradhna Aggarwal Mombert Hoppe and Peter Walkenhorst in Breaking into New markets : Emerging Lessons for Export Diversification, by William Shaw, and Peter Walkenhorst Washington DC: World Bank and Stanford University Press.

2007
Aggarwal Aradhna 2007 Trade Remedial Measures in South Asia in South Asia Trade Year Book, CENTAD, OXFAM

Aggarwal Aradhna 2007 Impact of SEZs on Employment, Human Development and Poverty, working paper 194 New Delhi: Indian Council of Research in International Economic Relations

2006
Aggarwal Aradhna 2006, “Special Economic Zones: Revisiting the Policy Debate”,. Economic and Political Weekly, Vol. XLI Nos. 43 and 44, November 4-10.

Aggarwal Aradhna 2006 Performance of Export Processing Zones: A Comparative Analysis of India , Sri Lanka and Bangladesh, Journal of  Instaflag Institute,  Vol XXX No.1, 33-122, World EPZ Association, Arizona, USA, editor reviewed

Aggarwal Aradhna 2006 The Indian Pharmaceutical Industry in a book “International Competitiveness and Knowledge Based Industries in India “  Nagesh Kumar and K.J.Joseph eds Oxford University Press India

Aggarwal Aradhna 2006 Anti Dumping Law and Practice : An Indian Perspective in Anti-Dumping (eds) Hyderabad: ICFAI University Press

Aggarwal Aradhna 2006 The WTO Anti-dumping Agreement: possible Reform through a public interest clause (eds) Anti-Dumping, Hyderabad: ICFAI University Press

2005

Kumar Nagesh and Aradhna Aggarwal 2005 ‘Liberalization, Outward orientation and R&D behaviour of local firms and MNE affiliates: A Quantitative Exploration’, Research Policy, 34 (2005): 441-460.

Aggarwal Aradhna 2005 Performance of Export Processing Zones: A Comparative Analysis of India , Sri Lanka and Bangladesh, Working paper 155, New Delhi: Indian Council of Research in International Economic Relations

Aggarwal Aradhna 2005 The SEZ Bill 2005: Can it Re-Ignite the Engines of Growth, Yojana, Planning Commission, and October, 2005

Aggarwal Aradhna 2005 ‘The use of Anti-dumping by China, Brazil, India and South Africa’, Report, National Board of Trade, Sweden  case study of India

Worm, Verner 2005. ”A Comparative Analysis of Indian and Chinese Negotiating Behavior” With Professor R. Kumar. International Journal of Conflict Management 15(3): 304-334.

Worm, Verner 2005. Moderating Effects of Culture in Transfer of Knowledge: A Case of Danish Multinationals and their Subsidiaries in P. R .China and India. With Xu, X.J. & Sinha, J.B. Working Paper.

2004
Aggarwal Aradhna 2004 The Impact of Tariff Reduction on Exports: A Quantitative Assessment of India’s Exports to the US, Working paper 120, New Delhi: Indian Council of Research in International Economic Relations

Aggarwal Aradhna 2004 Export Processing Zones In India : Analysis of  the Export Performance, Working paper 148, New Delhi: Indian Council of Research in International Economic Relations

2002
Aggarwal Aradhna 2002 Liberalization , Multinational Enterprises and Export Performance :  Evidence from Indian Manufacturing, Journal of Development  Studies, Vol 38, No. 2, 119-137.

2001
Aggarwal Aradhna 2001 Technology Policies and Acquisition of technological Capabilities in  the Industrial Sector : A Comparative Analysis of the Indian and  Korean Experiences, Science, Technology and Society 2001, vol. 6, No. 2,  July-December 2001, 255-304.

2000
Aggarwal Aradhna 2000 Deregulation, Technology Imports and In-House R&D Efforts: An Analysis of the Indian Experience’ 2000, Research Policy, 29 9, 1081-1093

1997
Aggarwal Aradhna 1997 Liberalization, Internalization Advantages and FDI : Indian Experience in the 1980s' 1997 Transnational Corporations, UNCTAD,  Geneva
 

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