IIM Indore seeks to be a contextually-relevant business school with world-class academic standards that develops socially-conscious managers, leaders and entrepreneurs. IIM Indore is committed to: Excellence in management education, research, and training, Use of contemporary participant-centric pedagogies and teaching methods, A presence in emerging segments of management education.

IIM Indore

“Inclusive growth” has emerged as a catch-all term for describing the distributional consequences of economic growth. However, there are no widely accepted metrics to quantify inclusive growth. We develop a simple metric based on Atkinson’s classic inequality measure. Our metric, like the original Atkinson measure, is fully decomposable and allows for both ‘horizontal’ and ‘vertical’ characterizations of inclusive growth. We illustrate our framework using consumption expenditure data from several waves of nationally representative data from India (1983-2012). Overall, growth has been sporadically inclusive with the rural sector marginally more inclusive. However, the urban sector shows relatively greater social group inclusion. Vertical decomposition indicates that middle deciles in the urban sector have experienced longer periods of inclusive growth.

Economics

World University root node

IIM Bangalore Research Paper

A Simple Metric for Inclusive Growth with Illustrations from India (1983-2012)

Economic inequality determines collective goods provisioning as well as common pool resources outcomes. However, there is little theoretical or empirical understanding of how (if) inequality influences loss of commons. Using a comprehensive nationally representative dataset from India, we show why this relationship is ambiguous when local commons are governed under an incomplete decentralization regime where higher levels of government retain substantial residuary powers. We establish a non-monotonic relationship between economic inequality and local privatization of the commons within villages. However, economic inequality increases the likelihood of state-facilitated leasing of commons to private interests. We also delineate the role of social heterogeneity in alienation of commons. We use several empirical strategies to establish the robustness of our findings and mitigate possible endogeneity.

World Development

Economic inequality and loss of commons: Evidence from India

Disparate attempts exist to identify the key components that make an ethics pedagogy more effective and efficient. To integrate these attempts, a review of 408 articles published in leading journals is conducted. The key foci of extant literature are categorized into three domains labeled as approach (A), content (C), and delivery (D), and a comprehensive framework (ACD) for ethics pedagogy developed. Within each of these domains, binaries that reflect two alternatives are identified. Approach, the philosophical standpoint, can be theory-laden or real-world connected. Content, the constituencies addressed, can have a focus on breadth or depth. Delivery, the execution of the adopted pedagogy, can be traditional or innovative. The review of articles also identifies the lack of pedagogies that comprehensively focus on all the binaries across domains. The other substantive contribution of this article addresses this gap by developing a generic pedagogy—Integrative Live Case—based on the ACD framework. Based on an incident that is currently unfolding, this pedagogy allows integration of binaries across the three domains. It also allows for a modular course plan that can accommodate varied pedagogical preferences. Volkswagen Dieselgate is presented as a stylized example to showcase the significant advantages of using this pedagogy.

Humanities and Social Sciences

Strategic Management

Journal of Business Ethics

Integrative Live Case: A Contemporary Business Ethics Pedagogy

Travel cost method (TCM) is a widely used tool for the evaluation of the recreational value of natural landscapes with potential for promoting nature-based tourism. Consumers’ surplus can be used to increase the cost of visit for maintaining high-value low-volume tourism, especially in the fragile and culturally and ecologically vulnerable areas. This chapter presents the recreational value of three biodiversity rich and culturally significant land-scape of India. In this study, we used TCM to derive the economic value of the nature-based tourism at Nanda Devi Biosphere Reserve (NDBR), Corbett National Park (CNP) and Keibul Lamjao National Park (KLNP). Individual approach was used to collect the information at both KLNP and CNP while zonal approach was used at NDBR. Personal interviews with tourists were conducted at all the selected sites. NDBR, CNP, and KLNP generate huge recreational value but most of the revenue generated either goes to the strongest players in the area or outsiders who can afford to provide better facilities to the visitors. The leakage of the tourism benefits due to forgone consumers’ surplus, leads to the loss of benefit accrued by the local communities resulting inadequate economic capital to invest in the tourism industry. Nature-based recreation and tourism is publicized as a sustainable way to preserve nature while providing economic benefits to the local communities. These additional benefits provide opportunity for generating alternative livelihood for local communities and invest in improved basic facilities to promote sustainable tourism.

Assessment of recreational services of natural landscapes in third world tropics using travel cost method

Tiger conservation often requires local-level support to avoid facing serious political challenges. In order to address the political challenges, the social capital of communities can be utilized to create community action and to help understand local dynamics. We studied the social capital in two villages bordering Corbett Tiger Reserve, India. Our results indicate that social capital of local communities is a significant determinant of potential for community action to support or oppose tiger conservation outcomes. Our results also indicate that specific components of social capital (solidarity, reciprocity and cooperation, networks, and mutual support) were critical in this potential community action. Further, the data suggest that the decline of social capital was led by the financial disparities created by unplanned growth of tourism outside the reserve boundaries. We suggest that policy and management interventions should consider social capital of local communities and ways in which it may support tiger conservation in India.

Society & Natural Resources

Community Action and Tiger Conservation: Assessing the Role of Social Capital

Do inequalities drive the erosion of commons?

Report on Assessment of Financial Resources required for Biodiversity Conservation in India for 2011-2020

This paper examines the economic value of selected ecosystem services of Corbett Tiger Reserve, India. The direct cost was derived from secondary sources, and indirect and opportunity costs through socioeconomic surveys. For recreational value the individual approach to travel cost method was used, and to assess carbon sequestration the replacement cost method was used. The maintenance cost of the reserve was estimated as US $2,153,174.3 year-1. The indirect costs in terms of crop and livestock depredation by wild animals ranged from US $2,408 to US $37,958 village-1 over a period of 5 years. The dependence of local communities was for fuel wood (US $7,346 day-1), fodder (US $5,290 day-1), small timber, and other nontimber forest products. The recreational value of the reserve was estimated as US $167,619 year-1. With the cost per visitor being US $2.5, the consumers' surplus was large, showing the willingness of visitors to pay for wildlife recreation. The forests of the reserve mitigate carbon worth US $63.6 million, with an annual flow of US $65.0 ha-1 year-1. The other benefits of the reserve include US $41 million through generation of electricity since 1972. The analysis reveals that, though the benefits outweigh costs, they need to be accrued to local communities so as to balance the distribution of benefits and costs. 	extcopyright 2010 Springer Science+Business Media, LLC.