Sabuj Kumar Mandal

Associate Professor
Room No.: HSB 339
Phone: +91 (44) 2257 4532
Email : sabuj@iitm.ac.in, sabujecon@gmail.com
Editorial Board Member of Energy Policy (Elsevier)
Academic Background:
- Ph.D. in Economics, Through Institute for Social and Economic Change (ISEC), University of Mysore, 2010
- M.Sc. Economics (with specialization in Econometrics and Environmental Economics as optional), The University of Calcutta, Kolkata, West Bengal, 2004
- B.Sc. Economics (Hons) with Statistics, Mathematics and Political Science as subsidiaries, 2002
Award and Fellowship:
- 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.
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)
Invited talk/lecture:
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.
Present Research Areas:
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
Journal Publications:
- 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 Services, 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.
Publications in Edited book:
- 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).
Research Work in Progress:
- 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.
Research Guidance:
- 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 (RollNo: HS16D021), Impact of Rural Non-farm sector employment on farm sector: An empirical study in India. Ph.D awarded in September 2021.
- Sreelakshmi R (RollNo.: HS18D024), Oil Price Shocks and the Indian Stock Market: An empirical analysis. Thesis Defended in April, 2023.
- Rida Wanbha Nongbri (HS19D026), Multidimensional Water Poverty and willingness to pay for household water, Ongoing.
- Gauri Sreekumar (HS20D005), Climate change and migration, Ongoing.
- Atul (HS20D018), Corporate Social Responsibility, Cost of Capital and Firm Performance in India. Ongoing.
- Aryama Sarkar (HS21D004), Climate Change, Electricity Subsidy and Efficiency in Groundwater Irrigation, Ongoing.
Externally Funded Project:
- 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
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- 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)
Recent Presentations in National and International Conferences:
- 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.
Other Academic Appointments:
Reviewer
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- 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
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- American Economic Association
- East Asian Association of Environmental and Resource Economics
- The Indian Econometric Society
- Association of Indian Management Schools