SELECT PUBLICATIONS

Books

• Exploring What Drives Indian Stock Market During Covid-19: Fads or Fundamentals, Springer, 2023.
• Market, Regulations and Finance: Global Meltdown and the Indian Economy, (jointly edited with R. Khasnabis), Springer, 2014.

Articles in Journals

• What Factors are Driving R&D in the Pharmaceutical Industry in India? A Study of the Post-Liberalization Period (jointly with Aruna Pain), June 2023, Journal of Quantitative Economics, Springer, DOI: 10.1007/s40953-023-00353-y
• The Impact of Mergers and Acquisitions on Performance of Firms: A Pre- and Post-TRIPs Analysis of India’s Pharmaceutical Industry (jointly with Paul Kattuman), 2023, 3, Asia and the Global Economy, Elsevier
• Market Concentration, Agency Cost and Firm Performance A Case Study on Indian Corporate Firms (jointly with Ujjayini Roy), 2023, Economic Change and Restructuring, Springer, https://doi.org/10.1007/s10644-023-09529-1
• Effects of Diversification on Firm Performance: An Analysis of Indian Firms (jointly with Zinnia Mitra Bose), 2022, Indian Economic Review, DOI: 10.1007/s41775-022-00143-y.
• Dynamic Interactions Between Structure and Performance in the Textile and Clothing Industry in India: An Econometric Approach(jointly with Tanveer Ahmad Khan), Journal of Quantitative Economics, Springer, https://doi.org/10.1007/s40953-021-00281-9, 2022.
• Impact of Covid-19 on the Stock Market and Corporate Firms in India, Economic and Political Weekly, 56(47), November 20, 2021.
• Growth of the Firms and Investments in Innovations: An Empirical Investigation of the Indian Manufacturing Industry (jointly with Sukhdeep Singh), 19, Journal of Quantitative Economics, 2021,Springer.
• Debt Financing and Market Concentration in an Emerging Economy: Evidence from India, 53 (3), Economic Change and Restructuring, 2020, Springer.
• Effects of Ownership Structure on Capital Structure of Indian Listed Firms: Role of Business Groups vis-à-vis Stand-alone Firms, Emerging Markets Finance and Trade, 2018, 54(10), Routledge.
• Insider Ownership and the Performance of Firms in India: Evidence from a Panel Semi-parametric Regression Model, in Economics, Management and Sustainability: Essays in Honour of Anup Sinha, by Anindya Sen, Partha Ray and Runa Sarkar (ed), 2018 , Springer .
• Foreign Institutional Investment, Business Groups and Firm Performance: Evidence from India, (jointly with JhumaMukhopadhyay) ,Research in International Business and Finance, 2017, 39, Elsevier.
• Competition and Industry Performance: A Panel VAR Analysis in Indian Manufacturing Sector (jointly with Jhuma Mukhopadhyay), Journal of Quantitative Economics, 2017,15, Springer.
• Effects of the Trade Policy Changes on Capital Structure of Textile Industry in India: An Empirical Investigation (jointly with Abhinab Ghosh) , Finance India, December 2016, 30(4).
• The Effect of Business Risk on Capital Structure of Indian Corporate Firms: Business groups vs. Stand-alone Firms”, Global Economic Review: Perspectives on East Asian Economies and Industries, 2015, March, Routledge
• How Does Corruption Influence Corporate Governance? A Cross-Country Perspective” , ICRA Bulletin: Money and Finance, 2015.
• Global Financial Crisis, Capital Inflows and Policy Trilemma: An Analysis of the Indian Experience, South Asian Journal of Macroeconomics and Public Finance, 2015, Sage.
• Explaining Dividend Gap between R&D and Non-R&D Indian Companies in the Post Reform Period, (jointly with Poulomi Lahiri), Research in International Business and Finance, Elsevier, January 2014.
• Economic Reforms, Business Groups and Changing Pattern of Distribution of Profitability Across Corporate Firms in India: A Semi-parametric Approach, Applied Financial Economics, 23(7), 2013.
• Does Capital Structure Depend on Group Affiliation: An Analysis of the Indian Firms, Journal of Policy Modeling, 35(1), Elsevier, 2013.
• The Relationship between Financial Development and Economic Growth and the Asian Financial Crisis: An FMOLS Analysis, 2009 (jointly with Sudeshna Ghosh), International Journal of Economics and Research, May-June, 2011.
• Capital Structure in an Emerging Stock Market: The Case of India, Research in International Business and Finance, 24, Elsevier, 2010.
• Financial Development and Economic Growth in India: An Analysis of the Post-Reform Period, South Asia Economic Journal, 11(2), Sage Publishers, September, 2010.
• Female Work Participation and Gender Differential in Earning in West Bengal (jointly with Achin Chakraborty), Journal of Quantitative Economics, July, 2010.
• Does Financial Development Cause Economic Growth? The Case of India, South Asia Economic Journal, Sage Publishers, Jan-June, 2008.
• Capital Inflows into India in the Post-liberalization Period: An Empirical Investigation, in Economic and Political Weekly, vol. XLI, No.2, January 14, 2006.
• Teaching Economic History: Towards a Reorientation, Economic and Political Weekly, 39(35), August 28, 2004.
• Living Standard and Economic Growth: A Fresh Look at the Relationship Through the Nonparametric Approach, in the Journal of Quantitative Economics, vol.15, no.1, January 1999.

Articles in Books

• Effects of Changing Pattern of Corporate Savings on Firm Profitability in India: A New Approach, in Ratan Khasnabis and Indrani Chakraborty (eds). Market, Regulations and Finance: Global Meltdown and the Indian Economy, Springer, 2014.
• Liberalization of Capital Inflows and the Real Exchange Rate in India: A VAR Analysis, in Amiya Kumar Bagchi and Gary Dymski (eds.) Capture and Exclude: Developing Economies and the Poor in Global Finance, Tulika publishers, 2007.

Occasional / Working Papers

• Debt Financing and Product Market Competition in an Emerging Economy: Evidence from India, Occasional Paper No.65, IDSK,, March 2019
• Underemployment in India: Measurement and Analysis (jointly with Dipankor Coondoo and Subrata Mukherjee), Occasional Paper No.58, IDSK, November 2017
• Uncovering Heterogeneity in the Relationship between Competition, Corporate Governance and Firm Performance using Quantile Regression: Evidence from India, Occasional Paper No. 56, IDSK , March 2017.
• Promoter Ownership and Performance in Publicly Listed Firms in India: Does Group Affiliation Matter?
  (Jointly with Ansgar Richter), Occasional Paper No. 45, IDSK, February 2015.
• Does Capital Structure Depend on Group Affiliation: An Analysis of Indian Corporate Firms
  Occasional Paper No. 29, IDSK, July 2011.
• Female Work Participation and Gender Differential in Earning in West Bengal
  (Jointly with Achin Chakraborty), Occasional Paper No. 18, IDSK, April 2009.
• Financial Development and Economic Growth in India: An Analysis of the Post-reform Period, Occasional Paper No. 12, IDSK, January 2008.
• Does Financial Development Cause Economic Growth: The Case of India, Occasional Paper No. 9, IDSK, January 2007.
• Technology Diffusion: A Study Based on Indian Agriculture, Occasional Paper No. 113, Centre for Studies in Social Sciences, Calcutta, April 1989.
• Economic Reforms, Capital Inflows and Macroeconomic Impact in India, CDS Working Paper No. 311, January 2001.

Book Review

• The East Asian Currency Crisis by Mihir Rakshit, The Hindu, March 12, 2002.

Popular Writings:

• ‘The profit-loss relation along with corporate good-will maintained among Gautam Adani, Mukesh Ambani, Shiv Nadir and other business groups’, Editorial Essay, Anandabazar Patrika, January 20, 2023.
• ‘What is the relationship’, Editorial Essay, Anandabazar Patrika, August 11, 2022.

PROJECTS

Completed

• Women, Work and Education
  Principal Investigators: Indrani Chakraborty; Co-investigators: Prof. Subharanjan Dasgupta, Prof. Achin Chakraborty, Dr. Zakir Husein and Dr. Mausumi Datta; Sponsoring Agency: Rosa Luxemberg Stiftung; Duration: December 2008.

TEACHINGS

Econometrics

• (Special Paper IV B, MPhil Programme in Development Studies)

Globalization and Finance

• (Paper III B, MPhil Programme in Development Studies)

SEMINAR/ CONFERENCE/ LECTURE

• Effects of Ownership Structure on Capital Structure of Indian Listed Firms: Role of Business Groups vis-à-vis Stand-alone Firms, at the 16th Annual Conference on ‘Macroeconomics and Finance’ held at Indira Gandhi Institute of Development Research, Mumbai, (December 19-20, 2016).
• Promoter Ownership and Performance in Publicly Listed Firms in India: Does Group Affiliation Matter? (jointly with Ansgar Richter) at the European International Business Academy (EIBA) Conference, 2016 held in Vienna, Austria (December 3-5, 2016).
• Promoter Ownership and Performance in Publicly Lsted Firms in India: Does Group Affiliation Matter? (jointly with Ansgar Richter) at the India Finance Conference 2015 held at IIM, Calcutta (December 17-19, 2015).
• Adapting to Climate Change: Coping Strategies and Well-being of Farmers in the Bengal Delta-A Research Proposal at international workshop on Community Development in the Ganga Basin in Response to Climate Change, at IDSK (September 22-23, 2010).
• Agriculture, Community Development and Climate Change: An Indian Perspective and Impact of Climate Change on the Indian Economy: A Review of the Existing Literature at International Conference on Developing Proactive Policy and Practice for Land and Water Management Responsive to Climate Change at Monash University in Australia (July 5-9, 2010).
• Female Work Participation and Gender Differential in Earning in West Bengal, India (jointly with Achin Chakraborty) at International Conference on Policy Modeling – EcoMod 2009, at the University of Ottawa in Canada (June 24-26, 2009).
• Challenges in Human Development in India at national conference on Challenges in Human Development in India, at the Centre for Development Studies in Trivandrum (January 24-25, 2009).