Department of Humanities and Social Sciences

Indian Institute of Technology Madras

Sabuj Kumar Mandal

Associate Professor(Economics)

Teaching Interest

Teaching has always been a passion for me and one of the prime reasons for my joining at IIT Madras was to be involved in teaching the subjects of my preferred areas. I have been teaching a variety of courses like,

  • Environmental & Resource Economics (HS4330)
  • Econometrics I (HS4011)
  • Econometrics II (HS5350)
  • Applied Econometrics (HS6510)
  • Microeconomics II (HS5310)
  • Principles of Economics (HS3002)
Office Location
  • Room no – HSB 339
  • E-mail: sabuj[at]iitm[.]ac[.]in, sabujecon[at]gmail[.]com
  • Phone : +91 (44) 2257 4532
  • Editorial Board Member of Energy Policy (Elsevier)
  • Fulbright Nehru Academic and Professional Excellence Fellowship 2020-21 (research category)
  • Young Economist Award 2015 from The Indian Econometric Society (TIES) for my contribution in the field of quantitative economics.
  • Dr. D.M Nanjundappa Endowment Award for securing the highest score in the pre- Ph. D course work.
  • Fellowship from Sri Ratan Tata Trust (SRTT) foundation for carrying doctoral research during 2005-2009.

I was invited to give special talk and also as a resource person to teach Econometrics and Environmental Economics in the following institutes from time to time.

  • Asian Institute of Technology Bangkok: Invited talk on “impact of energy efficiency  on economic growth” on 4th June 2019
  • RBI Staff College, Chennai: To provide training in econometrics for RBI officers on several occasions.
  • Madras School of Economics: Advanced Econometrics for M.Sc economics students, Environmental Economics for the officers from Tamil Nadu Pollution Control Board.
  • Gokhale Institute of Politics and Economics: Certificate course on econometrics for
  • M.A. students also in a workshop organized jointly with the Indian Econometric Society.

At present, I have been involved in doing research in the following frontier areas of Energy & environmental Economics either individually or jointly with my doctoral students and with other colleagues.

  • Community based adaptation to climate change and the role of climate services
  • Behavioural energy and environmental economics
  • Economic valuation of ecosystem services
  • Biased Technological Progress and Energy Use Efficiency
  • Energy Finance
  • Growth and Environment
  • Trade and Environment
  • Financial sector development, economic growth and environmental degradation
  • Rida Wanbha Nongbri, Mandal, S.K.,Sreekumar, G., Zuo, A. (2025) “Do Political connections moderate the correlation between drought and households’ water poverty? Empirical Evidence from India”. Water Resources and Economics (Elsevier). Vol.52. https://doi.org/10.1016/j.wre.2025.100273
  • Rida W Nongbri, Aryama Sarkar and Sabuj Kumar Mandal. (2025). ” Impact of temperature shocks on household water poverty in India”. Scientific Reports 15 (Nature Portfolio), Article number: 16618 (2025), https://doi.org/10.1038/s41598-025-01732-6.
  • Drall, A., & Mandal, S.K. (2025) Does Non-Farm Income Raise Farm Productivity? New Evidence from India.  Journal of Development Studies (doi.org/10.1080/00220388.2025.2467661)
  • Sreekumar, G. and Mandal S,K. (2025). Confidence or corruption? Assessing the impact of political connections on confidence in public institutions in India. Applied Economics Letters. (doi.org/10.1080/13504851.2025.2466750)
  • Drall, A., & Mandal, S. K. (2025). Does multiple job holding raise labour use efficiency of the farm operators? Evidence from rural India. Applied Economics, 1–16.
  • Drall, A., & Mandal, S. K. (2024). Non-farm income and environmental efficiency of the farmers: Evidence from India. Heliyon, 10(10).
  • Sreekumar, G., & Mandal, S. K. (2024). Impact of drought on out-migration among rural farm households in India: does participation in non-farm activities and access to irrigation make any difference?. Indian Economic Review, 59(2), 525-558.
  • Sreekumar, G., Mandal, S. K., & Drall, A. (2024). Does local non-farm income moderate the intensity of climate change induced migration in India?. Journal of Policy Modeling, 46(6), 1125-1145.
  • Rakshit, I., & Mandal, S. K. (2024). Direction of Technical Change and Energy Efficiency: Empirical Evidences at the Global Level. Studies in Microeconomics, 23210222241265176.
  • Sreekumar, G., & Mandal, S. K. (2024). Impact of Social Connections on Flood-induced Migration Among Rural Agricultural Households: Empirical Evidence from India. Economics of Disasters and Climate Change, 8(3), 513–539.
  • Mandal, S. K. (2024). Evaluation of Energy and Environmental Efficiency of the Indian Thermal Power Plants in The Role of Coal in a Sustainable Energy Mix for India: A Wider-Angle View (Edited Book Chapter).
  • Nongbri,R.W. and Mandal,S.K., 2024.”An assessment of multidimensional water poverty in India: An application of Alkire–Foster dual cut‑off approach”.  Indian Economic Review, 58(2), pp.433-456.
  • Sreelakshmi,R.,Mandal, S.K.and Sadorsky,P., 2023. “Does the source of oil price shock matter for Indian sectoral stock returns? A time-frequency approach to analyse dynamic connectedness and spillovers”.  Applied Economics.
  • Kahn, S., Mandal, S. K., Rajan, S.C., 2022. “Risk communication and capacity-building: A case study on framing CBA strategies of artisanal fishing communities to sea-level rise using BASIEC”, Climate Service, Vol. 26, April 2022 (Elsevier).
  • Sreelakshmi, R., Sinha, A., Mandal, S.K., 2022. “COVID-19 related uncertainty, investor sentiment stock return in India”, Economic and Political Weekly, Vol. 57, No.35.
  • Drall, A and Mandal, S.K. 2021.”Investigating the existence of entry barriers in rural non-farm sector(RNFS) employment in India: A theoretical modelling and an empirical analysis”, World Development, Vol.141, May 2021.
  • Chakravarty, D. and Mandal, S.K.2020. “Is economic growth a cause or cure for environmental degradation? Empirical evidences from selected developing economies”. Environmental and Sustainability Indicators (doi.org/10.1016/j.indic.2020.100045).
  • Drall, A and Mandal, S.K. 2020. “Determinants of various modes of rural non-farm sector (RNFS) employment in SAT (semi-arid tropics) and Eastern regions of India: an empirical analysis”. Indian Economic Review (doi.org/10.1007/s41775-020-00092-4)
  • Rakshit, I. and Mandal, S.K. 2020. “A global level analysis of environmental energy efficiency: An application of data envelopment analysis”. Energy Efficiency (doi.org/10.1007/s12053-020-09857-5).
  • Chakravarty, D. and Mandal, S.K., 2019. “Environmental Kuznets curve for local and global pollutants: application of GMM and random coefficient panel data models”. Journal of Social and Economic Development (doi: 10.1007/s40847-019-00081-1).
  • Mandal, S.K. and Bhandari, A. K., 2019. “ Does win-win opportunity always result in pollution abatement? An application of directional distance function to Indian cement industry”. The Journal of Developing Areas (forthcoming in Summer 2020).
  • Rakshit, I., Drall, A., Maharatha, T., Mandal, S.K., 2019. “ Educational attainment and child labour status among disabled children in Tamil Nadu, India: An econometric analysis”, The Journal Of Developing Areas, Vol. 53, No.3.
  • Mandal S.K and Chakravarty D.,2018. “Role of energy in estimating turning points of Environmental Kuznets Curve: An econometric analysis of the existing studies”, Published online in Journal of Social and Economic Development (Springer publication), https://doi.org/10.1007/s40847-018-0048-4.
  • Mandal S.K and Chakravarty D.,2016.“Is Environmental Kuznets Curve a universal phenomenon? An econometric analysis of the existing studies”, The Journal of Developing Areas, Vol 50, no 6, pp.261-27.
  • Bernard, J. and Mandal, S.K.,2016. “ The Impact of trade openness on environmental quality: an empirical analysis of emerging and developing economies”, WIT Transactions on Ecology and the Environment, Vol.203, pp 195-209.
  • Sherif, R. and Mandal, S.K.,2016. “Energy Efficiency and the Rebound Effect: A Study of Indian Manufacturing Sector”, Energy: Expectations and Uncertainty, 39th IAEE, 2016.
  • Chakravarty, D. and Mandal, S.K.,2015.“Estimating the relationship between economic growth and environmental quality for the BRICS economies- a dynamic panel data approach”, The Journal of Developing Areas, Vol 50, No 5, pp 119-130.
  • Mandal, S.K. and Madheswaran, S., 2012. “Productivity growth in Indian cement industry: Panel estimation of stochastic production frontier”, Journal of Developing Areas, Vol. 46 No. 1 Spring 2012.
  • Mandal, S.K. and Madheswaran, S., 2011. “Energy use efficiency of Indian cement companies: A Data Envelopment Analysis”, Energy Efficiency, Vol.4, No.1, 57-73 (Springer Publication).
  • Mandal, S.K. and Madheswaran, S., 2010. “Environmental efficiency of the Indian cement industry: An interstate analysis”, Energy Policy 38(2), 1108-1118, (Elsevier Publication).
  • Mandal, S.K., 2010. “Do undesirable output and environmental regulation matter in energy efficiency analysis? Evidence from Indian cement industry”, Energy Policy 38(10), 6076-6083, (Elsevier Publication).
  • Mandal, S.K. and Madheswaran, S., 2010. “Causality between energy consumption and output growth in the Indian cement industry: An application of the panel vector error correction model”, Energy Policy 38 (11), 6560-6565 (Elsevier Publication).
  • Mandal, S.K., 2010. “Measuring environmental efficiency and cost of pollution abatement: An application of directional distance function to Indian cement industry”, South Asian Journal of Management, Vol.17, No.3, 23-37.
  • Khan, A.S., Mandal, S.K., Rajan, S.C. and Basu., D. (2019). BASIEC: A coastal climate service awareness framework for community-based adaptation to rising sea levels. Springer’s Handbook of Climate Services, Berlin, Germany (Accepted, scheduled to be published between June –Dec 2019).
  • Khan, A.S., Mandal, S.K., Rajan, S.C. and Basu., D. (2019). Chennai city and coastal hazards: Addressing community-based adaptation through the lens of climate change and sea-level rise. Springer’s Book on Climate Change and Natural Hazards, Berlin, Germany. (Accepted, scheduled to be published between June –Dec 2019).
  • Mandal, S.K. and Madheswaran, S., 2011. “Demand Side Aspect of Energy Security Problem: A Study of Indian Cement Industry” in INDIA AND RUSSIA: Problems in Ensuring Energy Security (Academic Foundation).
  • Role of risk perception and time preference in community based adaptation to climate change. Ongoing.
  • Behavioural failures and energy efficiency policies. Ongoing.
  • Impact of energy use efficiency on economic growth: An application panel quantile regression model to global data. (Jointly with Ipsita Rakshit). Under Review.
  • Direction of Technical Change and Energy Use Efficiency: Empirical Evidences from Emerging Economies (Jointly with Ipsita Rakshit). Under Review.
  • Does entry barriers exist in rural non-farm sector employment in India: A theoretical modelling and empirical estimation (Jointly with Anviksha Drall). Under Review.
  • Does firm-performance matter while going for the public in emerging economies: Evidence from India. Under Review.
  • Devleena Chakravarty (RollNo: HS14D001), Revisiting the nexus between economic growth and environmental quality: A methodological perspective. Awarded in July, 2017.
  • Ipshita Rakshit (RollNo: HS15D030), Interlinkages between energy efficiency, environment and productivity: A global level analysis, Awarded in August, 2020
  • Anviksha Drall (HS16D021), Determinants of rural non-farm sector employment and its impact on farm production: A study in semi-arid tropics (sat) and eastern regions of India, Awarded in September 2021
  • Sreelakshmi R (HS18D024), Oil price shocks and the Indian stock market: An empirical analysis, Awarded in April 2023.
  • Rida Wanbha Nongbri (HS19D026), Climate change, water poverty and female labor force participation: An empirical analysis in India, Thesis submitted.
  • Gauri Sreekumar (HS20D005), Climate change, migration and wellbeing of farm households in India: An empirical analysis, Thesis submitted.
  • Atul Ghorpade (HS20D018), Corporate Social Responsibility and Firm performance: Evidence from India, Seminar-I completed.
  • Aryama Sarkar (HS21D004) Climate change, groundwater irrigation and water use efficiency: An empirical study in India, Seminar-I completed.
  • Sreshtha Mukherjee (HS23D013) Climate change and energy poverty, Completed coursework.
  • Tanurima Brahma (HS24D005) Trade and Environment, ongoing coursework.
  • Aporupa Sengupta (HS24D021) Firm’s Adaptation to Climate Risks, ongoing coursework
  • Dr. Saleem Khan (Post doctoral fellow), Community based adaptation to climate change, Successfully completed in 2022 one year with one journal publication and two book chapters.
  • Title of the Project: Economic Cost of Environmental Degradation Related to Municipal Solid Waste and its Restoration: A Study in Aizawl
    • Sponsoring Agency: Ministry of Environment, Forest and Climate Change
    • Value of the Project: Rs. 12,00000
    • Duration: 1 year
    • My role: PI
  • Title of the Project: Climate Change Impacts on Coastal Infrastructure and the Adaptation Strategies – Centre of Excellence
    • Sponsoring Agency: Department of Science & Technology
    • Value of the Project: Rs. 8,60,20,338
    • Duration: 5 years (23.03.2018 to 22.03.2023)
    • Principal Investigator: Dr. Sannasiraj S A (Dept. of OEC)
    • My role: As a Co-investigator, I will collaborate with my other colleagues from several engineering departments of IIT Madras. While my engineering colleagues will be focusing on climate modelling, I will be mainly concentrating on risk perception and adaptation to climate change by the coastal communities and the role of existing institutions in facilitating adaptation.
  • Title of the Project: Resilience–informed decision support framework for sustainability transitions in the developing world: Incorporating Sustainable Urban Drainage System (SuDS) into the peri-urban areas in Brazil and India (RESoURce@Brandia)
    • Sponsoring Agency: Anglia Ruskin University (ARU) Global Research Challenges Fund
    • Value of the project: £ 40,460
    • Duration: 1 year (June 2019-May 2020)
    • Principle Investigator: Dr. Maryam Imani (ARU)
    • Co-investigators: Dr. Lakshmi Rajendran (ARU), Dr. Sabuj Kumar Mandal (IITM)
  • Does entry barrier exist in non-farm employment in India? A theoretical modeling and empirical analysis (Jointly with Anviksha Drall). The 10th RMUTP International Conference on Science, Economic Modelling Special Session, Bangkok, 4th -5th June 2019.
  • Impact of energy use efficiency on economic growth: A Panel quantile regression approach (Jointly with Ipsita Rakshit). The 10th RMUTP International Conference on Science, Economic Modelling Special Session, Bangkok, 4th -5th June 2019.
  • BASIEC: A coastal climate service awareness framework for community-based adaptation to rising sea-level (jointly with Saleem Khan). International Symposium on Disaster Resilience and Sustainable Development, Asian Institute of Technology, Thailand, Bangkok, 7th -8th March, 2019.
  • Chennai city and coastal hazards: Addressing community-based adaptation through the lens of climate change and sea-level rise (jointly with Saleem Khan). International Symposium on Climate change and natural hazards: Coping with and managing hazards in the context of climate change. University of Padova, Padova, Italy, 25th -26th February, 2019.
Reviewer
  • Energy Economics (Elsevier Science)
  • Journal of Developing Areas
  • Energy Policy (Elsevier Science)
  • Energy Efficiency (Springer)
  • European Journal of Operational Research (Elsevier Science)
  • Journal of Social and Economic Development
  • Economic Modelling
Membership in professional organizations
  • American Economic Association
  • East Asian Association of Environmental and Resource Economics
  • The Indian Econometric Society
  • Association of Indian Management Schools