Associate Professor
Room No: HSB 341A
Tel: +91 2257 4531
E-Mail: anup@iitm.ac.in

Academic Background:

• Ph.D. in Quantitative Economics, Indian Statistical Institute
• M. Sc., Economics, Vidyasagar University, West Bengal, India (Econometrics and Statistics were Special Papers)
• B. Sc., Economics, Vidyasagar University, West Bengal, India (Compulsory Mathematics as one major Pass Paper)

Past Research Experience:

• Associate Professor, Department of Humanities and Social Sciences, Indian Institute of Technology Madras, Chennai 600036, Tamil Nadu, India (Since July 2016 —)
• Assistant Professor, Department of Humanities and Social Sciences, Indian Institute of Technology Madras, Chennai 600036, Tamil Nadu, India (Since December 2012 to July 2016)
• Assistant Professor, Centre for Development Studies, Prasanth Nagar Road, Ulloor, Trivandrum, Kerala 695011, India (July, 2009 – December, 2012)
• Economist, ICRA Ltd., Kolkata (February, 2008 – July, 2009)
• Part Time Research Fellow in the Indian Statistical Institute, Kolkata (August, 2007 – February, 2008)
• Completed Tenure as a Full Time Research Fellow in the Indian Statistical Institute, Kolkata (August, 2002 – July, 2007)

Teaching Experience:

• Taught Microeconomics, Statistics, Econometrics, Issues in Indian Industrial Development at the Centre for Development Studies, Trivandrum, India
• Instructed the IT Lab (#HM1140), Econometrics (#HS4011) and Applied Econometrics (#HS6510) to the Integrated MA Students of the Department of Humanities and Social Sciences at IIT Madras
• Also taught two contact courses to two final year students (one from Department of Humanities and Social Sciences (Course: Optimization and Economic Theory) and the other from the Department of Engineering Design (Course: Principles of Economics), IIT Madras) in Summer 2013
• Currently teaching Statistics (#HS3014) and Microeconomics (#HS3023) (as core courses to the Integrated MA students) and Principles of Economics (#HS3002) and Production Economics: Efficiency and Productivity Analysis (#HS6140) (as electives to the B Tech students) at IIT Madras.

Research Interests:

• Production Economics
• Productivity and Efficiency Analysis using both of Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA)
• Applied Industrial Economics
• Issues related to Indian Banking and Indian Financial Markets

Teaching Interests:

• Prefer to teach Microeconomics; Statistics; Econometrics; Mathematical Economics

Research Papers:

In Refereed Journals:

• Outsourcing and Firm Performance Nexus: An Analysis Using the Conventional and Panel Double-bootstrap Procedure (with Vipin V.), Research in International Business and Finance, Forthcoming. https://www.sciencedirect.com/science/article/pii/S0275531919302363?dgcid=coauthor#
• Conventional Procedure vis-à-vis Bootstrap-Based Corrections of Efficiency Analyses (with Vipin V.), Indian Growth and Development Review, Forthcoming. https://www.emerald.com/insight/content/doi/10.1108/IGDR-04-2019-0035/full/html
• Credit Risk – Return Puzzle: Evidence from India (with Elizabeth N.), Economic Modelling, Forthcoming. https://www.sciencedirect.com/science/article/pii/S0264999319305528 
• Does Win-Win Opportunity always Result in Pollution Abatement? An Application of Directional Distance Function to Indian Cement Industry” (with Sabuj K. Mandal), The Journal of Developing Areas, 54 (4), 161-174, 2020. https://muse.jhu.edu/article/738668/pdf
• Institutionalist versus Distortionist Views of Labor Market Reforms: An Investigation into the Post-Liberalized Manufacturing Sector in India (with A. Sudarsan), Journal of Economics, Finance and Administrative Science, 21 (41), 63-72, 2016; http://www.sciencedirect.com/science/article/pii/S2077188616300208
• Efficiency and Related Technological Aspects of the Indian Food Processing Industry: A Non-Parametric Analysis (with Vipin, V.), The Journal of Developing Areas, 50 (6), (Special Issue), 227-243, 2016; https://muse.jhu.edu/article/626804/pdf
• Bank Ownership and Efficiency in India: Some Fresh Evidence, Keio Economic Studies, 50, 1-28, 2014; http://koara.lib.keio.ac.jp/xoonips/modules/xoonips/download.php/AA00260492-20140000-0001.pdf?file_id=94763
• Global Crisis, Environmental Volatility and Expansion of Indian Leather Industry, Journal of Quantitative Economics, New Series, 10 (1), 156-176, 2012; https://econpapers.repec.org/article/jqejqenew/v_3a10_3ay_3a2012_3ai_3a1_3ap_3a156-176.htm
• Total Factor Productivity Growth and its Decomposition: The Indian Banking Sector during Liberalization, Economic and Political Weekly, 47 (12), 68-76, 2012; https://www.jstor.org/stable/23214504?seq=1#metadata_info_tab_contents
• Efficiency of the Indian Leather Firms: Some Results Obtained using the Two Conventional Methods (with Pradip Maiti), Journal of Productivity Analysis, 37 (1), 73-93, 2012; https://link.springer.com/article/10.1007/s11123-011-0219-1
• Technical Efficiency in the Indian Textiles Industry: A Non-Parametric Analysis of Firm-Level Data (with Subhash C. Ray), Bulletin of Economic Research, 64 (1), 109-124, 2012; https://onlinelibrary.wiley.com/doi/10.1111/j.1467-8586.2010.00381.x
• On the Distribution of Estimated Technical Efficiency in Stochastic Frontier Models: Revisited, International Journal of Business and Economics, 10 (1), 69-80, 2011; http://www.ijbe.org/table of content/pdf/vol10-1/vol10-1-06.pdf
• Concentration, Entry Barriers and Profitability in the Indian Industries: An Empirical Analysis, Journal of Quantitative Economics, New Series, 8 (2), 61-80, 2010; https://econpapers.repec.org/article/jqejqenew/v_3a8_3ay_3a2010_3ai_3a2_3ap_3a61-80.htm
• Efficiency of Indian Manufacturing Firms: Textile Industry as a Case Study (with Pradip Maiti), International Journal of Business and Economics, 6 (1), 71-88, 2007; http://www.ijbe.org/table of content/pdf/vol6-1/vol6-1-06.pdf

In Edited Volumes:

• Productive Efficiency of Agricultural Sector in Uttar Pradesh (with K. S. Khati and D. Mukherjee) in Contemporary Issues in Sustainable Development: The Case of India, by T. Chakraborty (IIM Kolkata), D. Mukherjee (IIT Kanpur), S. Saha (IIT Kanpur) (Eds.), Routledge India, ISBN (Hardback): 978-1-138-22710-1, 2020, Forthcoming.
• Investors’ Attention and Stock Returns: Recent Indian Evidence (with Elizabeth N.) in Contemporary Issues in Econometrics: Theory and Application, by Anil K. Bera (University of Illinois at Urbana-Champaign) and Srikanta Kundu (Centre for Develoment Studies, Trivandrum) (Eds.), Springer International, 2020, Forthcoming.
• Efficiency of Indian Leather Firms: A Stochastic Frontier Analysis (with Pradip Maiti) in Themes on Quantitative Economics, by Dr. Arpita Dhar (Ed.), The Allied Publishers.
• Productivity, Technical Progress and Scale Efficiency in Indian Manufacturing: New Evidence using Non-Parametric Approach (with other co-authors) in Productivity in Indian Manufacturing: Measurement, Methods and Analysis by Dr. Vinish Kathuria, Prof. Kunal Sen and Dr. Rajesh Raj (Eds.), The Rutledge.

Current Research Papers:

• Conducive Impact of Packing Credit against Short Term Bank Loan in Financing Export: Evidence from India (with Gargi Sanati and Rudra Ray) [2nd revised version is submitted]
• Withdrawal of Multi-Fibre Agreement and Its Effect on the Indian Textiles Industry [Submitted to a journal for publication]
• Stressed Assets, Off-Balance Sheet Business Activities and Performance of Indian Banking Sector: A DEA Double Bootstrap Approach (with Shahid Zaman) [Submitted to a journal for publication]
• Financial Deregulation, Competition and Cost Efficiency of Indian Commercial Banks: Is there any Convergence? (with Shahid Zaman) [Submitted to a journal for publication]

Research Guidance:

• Guided one PhD scholar (degree awarded)
• Currently guiding two regular (sole guidance) and one external (jointly with Prof. D. Malathy) PhD scholars at the IIT Madras
• (Jointly with other colleagues) Guided FOUR students to complete their MPhil Dissertation at the Centre for Development Studies.
• A number of students completed MA project under my guidance
• Guided two Interns to successfully complete short-term research project during summer vacations

Research Project Completed:

• Participated as a group member in completing the Planning Commission of India’s project Mid-term Appraisal of Eleventh Five-Year Plan of Kerala. The project report is already submitted to the Planning Commission.
• An Assessment of Performance of Indian Textiles Industry: 1999-2000 to 2014-15 (Submitted the Final Report) (The Report is Accepted and Recommended for Publication by the ICSSR) (ICSSR funded project, valued INR 9 Lakh)
• Capital Asset Pricing Model: An Investigation into the Indian Stock Market (NFSC Project at IIT Madras)

Selected Awards Own:

• Junior (and subsequently, Senior) Research Fellowship of the Indian Statistical Institute, Kolkata
• University Gold Medal for standing first in M. Sc. Economics, 2001
• University Gold Medal for standing first in Economics Honours, 1999
• Harisadhan Bhattacharya Memorial Award for standing 1^st amongst the successful candidates in Economics (Honours) of the University, 1999
• National Scholarship for students of class VIII in the Rural Areas, 1992

Conference Organized/Organizing:

• Organized (Jointly with other colleagues) XI Annual Conference of the Forum for Global Knowledge Sharing (FGKS) at the Department of Humanities and Social Sciences, IIT Madras, December 3-5, 2016; Theme: Globalization of Technology and Development.
• Organized (Jointly with other colleagues) XIV Annual Conference of the Forum for Global Knowledge Sharing (FGKS) at the Department of Humanities and Social Sciences, IIT Madras, October 11-13, 2019; Theme: Technology and Economy.

Conference / Workshop Participation:

• Presented a paper in a Workshop organized by the Department of Economics, Jadavpur University, Kolkata, 2005
• Presented a paper in the 2nd International Conference on Issues in Development Economics, Department of Economics, University of Burdwan, West Bengal, January 30-31, 2006
• 3rd Annual Conference of Planning Unit, Indian Statistical Institute, Delhi during December 13-15, 2006
• South and South East Asia Econometric Society Meeting (SAMES06) at The Institute of Financial Management and Research (IFMR), Chennai, India during December 18-20, 2006
• 5th International Symposium on DEA at the Indian School of Business, Hyderabad, India during January 5-7, 2007
• UGC-SAP Conference at the Centre for Economic Studies and Planning (CESP), School of Social Sciences, Jawaharlal Nehru University, New Delhi, India during January 31 – February 2, 2008
• The 30th Anniversary Conference of the Institute of Rural Management Anand, Anand, Gujarat, India during December 15-16, 2009
• The 3rd ECONference at the University of Burdwan, West Bengal, India during December 29-30, 2009.
• CAS Conference at the Jadavpur University, Kolkata, West Bengal, India during January 7-8, 2010
• 47th Annual Conference of the Indian Econometric Society held at Devi Ahilya University, Indore, Madhya Pradesh, India during January 6-8, 2011
• ESRC Productivity Workshop held at Sailesh J. Mehta School of Management, Indian Institute of Technology, Bombay, India during March 18-19, 2011
• 52nd Annual Conference of The Indian Econometric Society held at IIM Kozhikode, Kerala, India during January 4-6, 2016
• 15^th European Workshop on Efficiency and Productivity Analysis, Loughborough University, London, UK during June 12-15, 2017