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Showing posts from February, 2022

Visualizing Indian Economy

Agriculture: The agricultural sector in India operates at extremely low productivity and the need for reforms in this sector is imperative. Observe that despite a large fraction of the population involved in agriculture, the agricultural value addition to the economy has declined significantly and has stagnated at lower levels. What it needs now is a big push by the government.  India also has excessively high usage of fertilizers, even diverging within its own local group of lower-middle-income countries. Even with increasing fertilizer usage, its cereal yields have not diverged. Thus, reckless consumption of fertilizer could have detrimental effects on soil productivity in the long run. Large fertilizer consumption has many determinants but one clearly visible here is a major fraction of un-irrigated land. Climate Change: This issue would be affecting individuals across borde

Neuroeconomics: Review and Future Research Directions in the Arena of Marketing and Economics

The paper conducted a literature survey to provide perspicuous comprehension into the development of nexus between neuroscience, marketing, economics over the past decade. Appropriate filtration methodology was used which screened ninety-three initial papers in the field to thirty-eight most relevant. The paper then analyzed the obtained research and mapped it using an organising framework. Lastly, by utilizing this framework, future research directions in the domain were suggested as well. Thus, this study would be beneficial to future researchers in designating and channelizing their interest in the area of neuroeconomics and neuromarketing. Click here to read.