Department of Commerce

Permanent URI for this communityhttps://ir.nbu.ac.in/handle/123456789/2925

The Post Graduate Department of Commerce was established in 1965 with the purpose to promote state of the art teaching and research and in Business Operations and Management. The primary programme offered by the department is Masters in Commerce, with specializations offered in Accounting and Finance, Personnel Management and Industrial Relations , Marketing, Banking and Finance and International finance.

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    Impact of Macro-Economic Variables on the Production of Pharmaceutical Industry in India
    (University of North Bengal, 2022) Banerjee, Debapriya; Sarkar, Soumitra
    The Indian pharmaceutical industry is renowned for the production of lifesaving drugs at low cost, for which it is also referred to as the “lifeline industry." The paper attempted to analyze the factors that are affecting the production of the Indian pharmaceutical industry. The study was conducted using secondary data of the Indian pharmaceutical industry from 2007 to 2019. Statistical tests such as the DW test, F test, and BP Godfrey test, along with other tests, have been used for robust analysis. The findings suggest that invested capital, viral hepatitis, and others have a positive impact, whereas the population has negatively impacted the production of the Indian pharmaceutical industry. The study recommends that more attention is required to be paid to the R&D section of the Indian pharmaceutical industry, which can help to develop the industry and reach its potential. Also, the study recommends the implementation of the “Make in India” initiative in the Indian medical device industry.
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    ItemOpen Access
    Economic Growth-Inflation Dynamic Trade-Offs in India: Stability Issues and Policy Implications
    (University of North Bengal, 2019-03) Das, Kalyan
    Endogenous and exogenous shocks disrupt macroeconomic stability. Growth, inflation and external balance are used to evaluate macro performance of an economy. Examining the relationship between inflation and gross domestic product (GDP) has long been an important field in macroeconomic research. This paper examines the nature of dynamic trade-offs between inflation and output and their direction of causation in the Indian economy utilizing time series dataset over the period from 1950-51 to 2015-16 employing together with unit root tests, cointegration regression and causality tests. There is strong evidence of their bidirectional causality. The empirical findings help to translate certain important theoretical issues on structural adjustment problems into various policy relevant solutions and interrelationships examining the role and conduct of macroeconomic stabilisation policies with particular emphasis placed on the specific episodes on macroeconomic dips, the existence of recessionary episodes, the counter-cyclical nature of inflation and the sustainability of macroeconomic policies.