Publications by Economics Faculty since 2012



  • Rahman, M.A. and Vossmeyer, A. (2018), "Estimation and Applications of Quantile Regression for Binary Longitudinal Data," Advances in Econometrics, 40 (forthcoming).

  • Singh, M. K., and Mukherjee, D., (2018), "Drivers of Greenhouse Gas Emissions in the United States: Revisiting STIRPAT Model," Environment, Development and Sustainability (Accepted).

  • Ahmad, W. (2018), "The Time-varying Risk Reduction Strategies of Clean Energy Equities with Commodities and Financial Assets," Emerging Markets Finance and Trade, (Accepted).

  • Singh, K. J. and Ahmad, W., (2018), "Coherence, Connectedness and Dynamic Hedging Effectiveness between Emerging Markets Equities and Commodity Index Funds", Resources Policy (Accepted).

  • Ahmad, W., Mishra, A., and Daly, K., (2018), "Financial Connectedness of BRICS and Global Sovereign Bond Markets," Emerging Markets Review (Accepted).

  • Ahmad, W., Sadorsky, P., and Sharma, A. (2018), "Optimal Hedge Ratios for Clean Energy Equities," Economic Modelling (Accepted).

  • Lohawala, N., and Rahman, M.A., (2018), "Are Strategies for Success Different in Test Cricket and One-day Internationals? Evidence from England-Australia Rivalry," Journal of Sports Analytics, 4(3), 175-191.

  • Ahmad, W., Rais, S. and Rahman, A. S. (2018), "Modelling the directional spillovers from DJIM Index to conventional benchmarks: Different this time?" The Quarterly Review of Economics and Finance, 67, 14-27.

  • Aussel, D.,Dutta, J. and Xu, A.C., (2018), "The Dual Gap Function and Error Bounds for Strongly Monotone Variational Inequalities," Journal of Convex Analysis, 25 (4).


  • Dutta, J. (2017), "Optimality Conditions for Bilevel Programming: An Approach Through Variational Analysis," in Generalized Nash Equilibrium Problems, Bilevel Programming and MPEC, edited by Aussel, D. and Lalitha, C.S., 43-64. Springer, Singapore.

  • Dutta, J., Kesarwani, P., and Gupta, S., (2017), "Gap Function and Error Bounds for Nonsmooth Convex Vector Optimization Problem," Optimization, 66(1), 1807-1836.

  • Chakraborty, T., Mukherjee, A., Rachanapally, S. and Saha, S., (2017), "Stigma of Sexual Violence and Women's Decision to Work," World Development (Accepted).

  • Lalji, C., Pakrashi, D. and Smyth, R. (2017), "Can eating five fruit and veg a day really keep the doctor away?" Economic Modelling, 70, 320-330.

  • Ahmad, W. and Sehgal, S. (2017) "Business Cycle and Financial Cycle Interdependence and the Rising Role of China in SAARC", Journal of Quantitative Economics, In Press, Springer.

  • Mathur, S.K., Arora, R. and Singh, S. (Eds.) (2017), Theorizing International Trade: An Indian Perspective. Palgrave Macmillan.

  • Jones, J.B. and Sahu, S. (2017), "Transition accounting for India in a multi-sector dynamic general equilibrium model,"Economic Change and Restructuring, 50 (4), 299-339.

  • Frijters, P. and Pakrashi, D. (2017), "Migration and Discrimination in Urban China: A Decomposition Approach," Review of Income and Wealth, 63 (4), 821-840.

  • Charitha, C., Dutta, J. and Luke, D.R. (2017), "Lagrange Multipliers, (Exact) Regularization and Error Bounds for Monotone Variational Inequalities," Mathematical Programming (Series A), 161, 519-549.


  • Nain, M.Z. Ahmad, W. and Kamaiah, B. (2016), "Economic growth, energy consumption and CO2 emissions in India: a disaggregated causal analysis," International Journal of Sustainable Energy, 36 (8), 807–824, Taylor and Francis.

  • Chakraborty, T. and Bakshi, S.K. (2016), "English Language Premium in a Globalizing Economy: Evidence from a Policy Experiment in India," Economics of Education Review, 50, 1-16.

  • Islam, A., Maitra, C., Pakrashi, D. and R. Smyth (2016), "Microcredit Program Participation and Household Food Security in Rural Bangladesh," Journal ofAgricultural Economics, 67, 448-470.

  • Tsvetanov, T., Qi, L., Mukherjee, D., Shah, F.A. and Bravo-Ureta, B.E. (2016), "Climate change and land use in Southeastern U.S.: Did the "dumb farmer" get it wrong?" Climate Change Economics, 7, 1–35.

  • Bhattacharya, S., Saha, S. and Banerjee, S. (2016), "Income Inequality, Club Formation and the Quality of Public Good: A Developing Country Perspective," Journal of Development Economics, 123, 1-17.

  • Borwein, J.M. and Dutta, J. (2016), "Maximal Monotone Inclusions and Fitzpatrick functions," Journal of Optimization Theory and Application, 171, 757-784.

  • Sengupta, R.N., Gupta, A. and Dutta, J. (Eds.) (2016), Decision Sciences: Theory and Practice, CRC Press.

  • Dutta, J. (2016), "Convex Functions in Optimization," in Decision Sciences: Theory and Practice, edited by R.N. Sengupta, A. Gupta and J. Dutta, CRC Press.

  • Jagannathan, A.K. and Kumar, V. (2016), "Introduction to Game Theory," in Decision Sciences: Theory and Practice, edited by R.N. Sengupta, A. Gupta and J. Dutta, CRC Press.

  • Mathur, S.K., Sahu, S., Ghoshal, I. and Aggarwal, K. (2016), "Does domestic energy consumption affect GDP of a country? A panel data study," Global Economy Journal, 16(2), 229–273.

  • Njuki, E., Bravo-Ureta, B.E. and Mukherjee, D. (2016), "The good and the bad: Environmental efficiency in Northeastern U.S. dairy farming." Agricultural & Resource Economics Review, 45, 22–43.

  • Roy, A. and Mathur, S.K. (2016), "Brexit and India-EU Free Trade Agreement," Journal of Economic Integration, 31, 740-773.

  • Mukherjee, D. and Rahman, M.A. (2016), "To drill or not to drill? An econometric analysis of US public opinion," Energy Policy, 91, 341–351.

  • Rahman, M.A. (2016), "Bayesian Quantile Regression for Ordinal Models," Bayesian Analysis, 11, 1-24.


  • Ahmad, W., Bhanumurthy, N. R. and Sehgal, S. (2015) "Regime dependent dynamics and European stock markets: Is asset allocation really possible?" Empirica, 42 (1), 77-107.

  • Sehgal, S. Ahmad, W. and Deisting, F. (2015) "An investigation of price discovery and volatility spillovers in India's foreign exchange markets", Journal of Economic Studies, 42 (2), 261-284.

  • Chakraborty, T., Mirkasimov, B. and Steiner, S. (2015), "Transfer Behaviour in Migrant Sending Communities," Journal of Comparative Economics, 43, 690-705.

  • Chakraborty, T.. (2015), "Trade Liberalization in a Traditional Society: Implications for Relative Female Survival,"World Development, 74, 158–170.

  • Chakraborty, C. and De, P.K. (2015), "Mother's autonomy and child's secondary schooling enrollment in Mexico," Review of Economics of the Household, 1-17.

  • Chakraborty, T., Mukherjee, A. and Saha, S. (2015), "Court-ship, Kinship and Business: A Study on the Interaction between the Formal and Informal Institutions and its Effect on Entrepreneurship,"IZA Journal of Labor and Development, 4, 1-21.

  • Dutta, J. (2015), "Barrier Methods in Nonsmooth Convex Optimization without Convex Representation,"Optimization Letters, 9,1177-1185.

  • Charitha, C., Dutta, J. and Lalitha, C.S. (2015), "Gap Functions for Vector Variational Inequalities," Optimization, 64, 1499-1520.

  • Kulshrestha, P.. and Nayak, T.K. (2015), "Technical Efficiency of Higher Technical Educational Institutions in India," Archives of Business Research, 3, 94-122.

  • Mukherjee, D., Cromley, R.G., Shah, F. A. and Bravo-Ureta, B. E. (2015), "Optimal location of centralized biodigesters for small dairy farms: A case study from the United States." International Journal of Sustainable Energy Planning & Management, 8, 3–16.

  • Gaurav, A. and Mathur, S.K. (2015), "Determinants of Trade Costs and Trade Growth Accounting between India and the European Union during 1995–2010," The World Economy, 39, 1399-1413.

  • Lordan, G. and Pakrashi, D. (2015), "Do all activities 'weigh' equally? How different physical activities differ as predictors of weight," Risk Analysis, 35, 2069-2086.

  • Sahu, S.. (2015), "Source of service sector TFP growth in India- Evidence from micro data," South Asian Journal for Macroeconomics and Finance, 4, 62-90.


  • Ahmad, W., Nain, M.Z. and Kamaiah, B. (2014), "On the role of the trend and cyclical components in electricity consumption and India's economic growth: a cointegration and cofeature approach," OPEC Energy Review, 38, 107-126.

  • Panda, D., Singh, S.N. and Kumar, V. (2014), "Risk constraint profit maximization in a multi-electricity market," 2014 IEEE PES General Meeting | Conference & Exposition, National Harbor, MD, pp. 1-5. doi: 10.1109/PESGM.2014.6939300.

  • Babu, M. and Kulshrestha, P. (2014), "Productivity Change and Technical Efficiency in Indian Microfinance Institutions," Studies in Microeconomics, 2, 165-200.

  • Lordan, G. and Pakrashi, D. (2014),"Make Time for Physical Activity or You May Spend More Time Sick!," Social Indicators Research, 119, 1379-1391.

  • Saha, S., Roy, P. and Kar, S. (2014), "Public and Private Sector Jobs, Bribes and Consumption Gap in India: Evidence from Micro Data,"The North American Journal of Economics and Finance, 29, 285 - 300.

  • Prasad, P.M. (2014), "E-flows related livelihood in the Ganga River: A case study of tourism," in Our National River Ganga: Lifeline of Millions, Sanghi Rashmi (Ed), Springer.

  • Singhal, P. and Sinha, S. (2014), "Network analysis of an Indian stock market using the minimum spanning tree algorithm," Journal of Quantitative Economics, 12, 44-59.


  • Ahmad, W., Sehgal, S. and Bhanumurthy, N.R. (2013), "Eurozone crisis and BRIICKS stock markets: Contagion or market interdependence?" Economic Modelling, 33, 209-225.

  • Dutta, J. and Lalitha, C.S. (2013), "Optimality Conditions for Convex Optimization Revisited," Optimization Letters, 7, 221-229.

  • Dutta, J., Deb, K., Arora, R. and Tulshyan, R. (2013), "Approximate KKT conditions: Theory and Numerical Experiments," Journal of Global Optimization, 56, 1463-1499.

  • Rachapalli, S.R. and Kulshreshtha, P. (2013), "Evolutionarily stable conjectures and social optimality in oligopolies," Theoretical Economics Letters, 3, 12-18.

  • Gangopadhyay, A., Kulshreshtha, P. and Verma, M. (2013), "Estimation of regression coefficient of a selected population," Journal of Statistical Theory and Practice, 7, 505-514.

  • Mukherjee, D., Bravo-Ureta, B.E. and De Vries, A. (2013),"Dairy productivity and climatic conditions: Econometric evidence from Southeastern United States," Australian Journal of Agricultural & Resource Economics, 57, 123–140.

  • Srivastava, A. and Mathur, S.K. (2013), "Relative Prices, Trade, Technology and Wage Inequality: Evidence from India," Foreign Trade Review, 48, 359-381.

  • Rahman, M.A. (2013), "Quantile Regression using Metaheuristic Algorithms," International Journal of Computational Economics and Econometrics, 3, 205-233.


  • Jeliazkov, I. and Rahman, M.A. (2012), "Binary and Ordinal Data Analysis in Economics: Modeling and Estimation," in Mathematical Modeling with Multidisciplinary Applications, edited by X.S. Yang, 123-150. John Wiley & Sons Inc, Hoboken, New Jersey.

  • Srivastava, A., Mishra, B.R. and Mathur, S.K. (2012), "Firm heterogeneity and trade barriers: Analysis of India's trade," Taylor's Business Review, 2, 33-45.