Ph.D. in Economics (Public Finance), Madras School of Economics, Chennai, India
PG Diploma in Economics, Madras School of Economics
M.A. Economics
B.A. Economics
Academic Positions
Associate Professor (At Present), IIMK
Assistant Professor (December 2006 to January 2012) , Indian Institute of Management Kozhikode (IIMK)
Faculty Member (January 2004 – December 2006), ICFAI Business School, Chennai
Research Associate (October 2003 to December 2003), Madras School of Economics, Chennai
Awards
"Rashtriya Gaurav Award" in the year 2012 by India International Friendship Society, New Delhi
Conferences, Seminars & Talks
Price Monitoring and Control Measures under GST: Lessons for India from Australian Experience”, presented at 73rd Annual Congress of the International Institute of Public Finance held at University of Tokyo, Tokyo, Japan during August 18-20, 2017 (with Leena Mary Eapen).
“Tax Revenue Capacity and Tax Effort of Kerala: Analysis during Pre- and Post- Period of Accelerated Economic Growth”, presented at 52nd Annual Conference of The Indian Econometric Society held at IIM Kozhikode during January 4-6, 2016 (With K. Pushpangadan).
“Tax Efforts of State Governments in India during the Post-Economic Reforms Period” presented at 71st Annual Congress of the International Institute of Public Finance held at Trinity College, Dublin during August 20-23, 2015 (with Aman Mahawar).
“Tax Competition and “Race to the Bottom” in Tax Rates: Evidence from India” presented at Annual Congress of the International Institute of Public Finance held at University of Lugano, Switzerland during August 20-23, 2014.
"Agrarian Performance and Food Price Inflation in India: Insights and Lessons from Pre- and Post-Economic Liberalisation Experiences", Presented at "International Conference on Contemporary Debates in Public Policy and Management" held at IIM Calcutta during February 7-9, 2013 (Co-author: Leena Mary Eapen)
“The Impact of Tax Rate Differentials on the Tax Revenues - The Case of Sales Tax Competition among a Group of Border-Sharing Indian States” presented at Annual Congress of the International Institute of Public Finance held at Ross School of Business, University of Michigan, Ann Arbor, USA during August 8-11, 2011.
“The Impact of Deregulation of Government Securities Market on Interest Costs of the States in India” presented at International Conference on Financial Sector Reforms and the Indian Economy organized by Indian Institute of Management Kozhikode (IIMK) in association with British Northern Universities India Forum during November 11-13, 2010.
“Introduction of VAT and Retail Prices: Evidence from a Metropolitan City” presented in the International Conference on Globalisation and Economic Asymmetries – Challenges and Opportunities organized jointly by The Athenian Policy Forum Inc. and IIMK during December 18-20, 2008.
“State-Level Fiscal Performance and Fiscal Reforms in India,” presented at the International Conference on “Indian Federalism at Work” conducted by Institute of Social Sciences, New Delhi at the Sher-i-Kashmir International Conference Centre, Srinagar during 25-27th August 2006.
“Political Constraints to State-Level Fiscal Reforms in India: An Appraisal”, presented at the seminar on the theme “Political Regimes, Economic Reforms, Policy Processes in Indian States” held at Centre for Economic and Social Studies, Hyderabad during March 20-22nd 2006.
“State-Level Fiscal Performance in India: A Disaggregated Analysis”, presented at the 88th Annual Conference of the Indian Economic Association held at Andhra University, Vishakapatnam in December 2005 (With Leena Mary Eapen).
“Sales Tax Policy Interaction Among the State Governments in India” was presented at the 39th Annual Conference of the Indian Econometric Society held at The M.S. University of Baroda, Vadodara during February 8-10, 2003 (With K.R. Shanmugam).
“Tax Efficiency of the Indian State Governments during Post Reform Period” was presented at the 37th Annual Conference of the Indian Econometric Society held at South Gujarat University, Surat during April 13-15, 2001 (With K.R. Shanmugam).
“Agricultural Value Chain Management for Sustainable Growth of Kerala Agro- Economy” at College of Co-operation, Banking and Management, Kerala Agriculture University, Thrissur on the occasion of the 31st Foundation Day of the College and National Seminar on Agribusiness Management for Inclusive Growth held on November 16, 2011.
“Food Price Inflation in India: Implications for Kerala” at Mar Dionysius College, Pazhanji, Kunnamkulam, Thrissur on the occasion of the Two Day National Seminar on Kerala’s Economy Twenty Years After Economic Liberalisation held during October 12-13, 2011.
“Understanding the Government Budget” at Regional Science Centre and Planetarium, Calicut on March 16, 2011
“Econometrics for Research” at D.J. Academy for Managerial Excellence, Coimbatore on November 19, 2010
“The Impact of Deregulation of Government Securities Market on Interest Costs of the States in India” presented at International Conference on Financial Sector Reforms and the Indian Economy organized by Indian Institute of Management Kozhikode (IIMK) in association with British Northern Universities India Forum during November 11-13, 2010.
“Food Price Inflation: Understanding the New Monster” at South Indian Management Meet conducted by Calicut Association of Management Students and University of Calicut on October 21, 2010
Keynote speaker, Central Excise Day Celebration, conducted by .Central Excise, Service Tax and Customs Commissionarate, Calicut on February 26, 2009
Address on the theme “Role of NRKs in the development of Kerala” in the International Seminar on the Contributions of Non-resident Keralities to the Development of Kerala held at Malabar Christian College, Kozhikode on March 11, 2009.
Address on the theme “Role of NRKs in the development of Kerala” in the International Seminar on the Contributions of Non-resident Keralities to the Development of Kerala held at Malabar Christian College, Kozhikode on March 11, 2009.
Address on the theme “Role of NRKs in the development of Kerala” in the International Seminar on the Contributions of Non-resident Keralities to the Development of Kerala held at Malabar Christian College, Kozhikode on March 11, 2009.
Address on the theme “Role of NRKs in the development of Kerala” in the International Seminar on the Contributions of Non-resident Keralities to the Development of Kerala held at Malabar Christian College, Kozhikode on March 11, 2009.
Current Projects
“A Study of Fiscal Revenue Capacity and Effort of Kerala”, Small Grant Research Project (SGRP) funded by Indian Institute of Management Kozhikode (Completed in 2015-16) (With K. Pushpangadan)
“Impact of Value Added Tax on the Price Level in India”; Small Grant Research Project (SGRP) funded by Indian Institute of Management Kozhikode (Completed in 2009-10)
Other Professional Appointments
Chairperson - Campus Green Initiative Committee (October 2011 - October 2017)
Chairperson - Campus Afforestation Committee (July 2011 - September 2011)
Chairperson- Student Affairs and Scholarship (April 2010 - March 2012)
Chairperson - Sports and Recreation Committee (July 2011 - March 2012)
Chairperson - Economics Area (April 2009 - March 2010)
Chairperson - Economics Area (April 2008 – June 2008)
Chairperson - Economics Area (April 2007 – June 2007)
Recent Consulting / Other Assignments
“State Finances of Kerala: Performance, Challenges and the Way Ahead”, Research study sponsored with financial support from National Institution for Transforming India, also called NITI Aayog, Government of India; Submitted on October 4, 2017 [With Rudra Sensarma]
“Infrastructure for export growth in southern states of India”, For Department of Commerce (Ministry of Commerce and Industry, Government of India); Competed in 2014 [With Kausik Gangopadhyay and Rudra Sensarma]
“Expansion cum Diversification Project at Hindustan Newsprint Limited: Development of a Special Economic Zone (SEZ)”; Commissioned by: Hindustan Newsprint Limited, Kottayam; Submitted in October 2007 [With Professor R.P. Suresh].
Research Areas
Public Finance
Agricultural Sector Policy
Indian Economic Policy
Significant Publications
"Price Monitoring and Control under GST – Lessons from Australia”, Economic and Political Weekly; Vol. 52, Issue No. 25-26, 24 June 2017 (With Leena Mary Eapen).
"Agrarian Performance and Food Price Inflation in India: Pre- and Post- Economic Liberalisation" Economic and Political Weekly; Volume 50; Number 31; August 1, 2015; pp.49-60 (With Leena Mary Eapen).
“Making Sense of Persistently High Inflation in India”; Economic and Political Weekly; Volume 48; Number 42; October 19, 2013; pp.13-16.
“State-level borrowing costs under deregulation – an Indian experience; Journal of Asia Business Studies; Volume 7, Issue 1; 2013, pp. 68 – 83 (With Shubhasis Dey)
"Food Price Inflation in India (2008 to 2010): A Commodity-wise Analysis of the Causal Factors"; Economic and Political Weekly; Volume 47; Number 20; May 19-25, 2012; pp.46-54 (With Leena Mary Eapen).
"Wheat Price Inflation in Recent Times: Causes, Lessons and New Perspectives"; Economic and Political Weekly; Volume 46; Number 36; September 03-09, 2011; pp.58-65 (With Leena Mary Eapen).
"Introduction of VAT and Retail Prices: Some Evidence from Tamil Nadu" in Finance Commission: Issues of the Southern States, Editors: D.K. Srivastava et al., Chennai: Madras School of Economics, Pages 247-288, 2009.
"Nature of Current Inflation in Food Prices"; Economic and Political Weekly ; Volume 43; Number 40; October 4-10, 2008; pp.17-21.
Effectiveness of the Publicity Campaign on Value Added Tax in India"; International VAT Monitor ; Volume 19; Number 4; 2008; pp.275-80.
"Rate War, Race to the Bottom and Uniform State VAT Rates: An Empirical Foundation for a Difficult Policy Issue", Economic and Political Weekly, Vol.41, No.24, Pages 2460-69, June 17-23, 2006.
"The State of State Finances in India: A Time-series Analysis", The ICFAI Journal of Public Finance, Vol 3, No. 2, Pages 43-61, May, 2005.
"Economic Issues in Elections: Recent Trends", Economic and Political Weekly, Vol. 39, No.10, Pages 1019-1021, March 6, 2004 (With Leena Mary Eapen).
"Sales Tax Policy Interaction among the State Governments in India" Journal of Quantitative Economics, Vol. 2, No.1, Pages 147-163, January 2004 (With K.R. Shanmugam).
Working Papers:
“India's Agrarian Performance: A Comparative Analysis of UPA and NDA Regimes”, IIMK/WPS/340/ECO/2019/17
“Electricity Consumption and Economic Growth at the State-level in India: Evidence using Heterogeneous Panel Data Methods”, IIMK/WPS/334/ECO/2019/16 (With Aviral Kumar Tiwari and Leena Mary Eapen)
“Affordability of Cigarettes and other Tobacco Products in the post GST regime in India”, IIMK/WPS/328/ECO/2019/15 (With Ashok Thomas and Deva Prasad M)
“Food Inflation in India: An Analysis of Recent Trends”, IIMK/WPS/306/ECO/2019/10 (With Leena Mary Eapen)
“Suicides by Occupational Group in India – Where do the Farmers Stand?”, IIMK/WPS/305/ECO/2019/09
“A Policy and Regulatory Analysis of India’s Model Contract Farming Legislation”, IIMK/WPS/303/ECO/2019/07 (With Sai Shiva Jayanth Reddy and Deva Prasad M)
“Goods and Services Tax and Price Control Measures: Lessons for India from Australian Experience”, IIMK Working Paper Series, IIMK/ WPS/227/EA/2017/11 (With Leena Mary Eapen).
“Tax Revenue Capacity and Tax Effort of Kerala: Analysis during Pre- and Post- Period of Accelerated Economic Growth”, IIMK/WPS/195/EA/2016/06 (With K. Pushpangadan).
"Agrarian Performance and Food Price Inflation in India: Insights and Lessons from Pre- and Post-Economic Liberalisation Experiences", IIMK Working Paper Series, IIMK/WPS/115/ECO/2013/01 (With Leena Mary Eapen).
"Food Price Inflation in India: A Commodity-wise Analysis of the Causal Factors", IIMK Working Paper Series, IIMK/WPS/97/ECO/2011/17 (With Leena Mary Eapen).
"Impact of Deregulation of Government Securities Market on Interest Costs of the States in India"; IIMK Working Paper; IIMK/WPS/95/ECO/2011/15; (With Shubhasis Dey).
"Foodgrain Management and Prices in India: Lessons and New Perspectives from Recent Experience with Food Inflation "; IIMK Working Paper; IIMK/WPS/87/ECO/2011/08; (With Leena Mary Eapen).
"The Impact of Tax Rate Differentials on the Tax Revenues - The Case of Sales Tax Competition among a Group of Border-Sharing Indian States"; IIMK Working Paper; IIMK/WPS/59/ECO/2009/15.
"Nature of the Present Food Price Inflation in India"; IMK Working Paper; IIMK/WPS/38/ECO/2008/08.
"Effectiveness of Publicity Campaign on Value Added Tax: Evidence from a Metropolitan City"; IIMK Working Paper; IIMK/WPS/37/ECO/2008/07.
Popular Articles:
"Lessons from Pepsico’s farmer Lawsuit", The New Indian Express, June 8, 2019 (With Deva Prasad M)
"Lessons from the Field", Deccan Chronicle, May 19, 2019 (With Reddy Sai Shiva Jayanth)
"The state of Indian agriculture under Modi regime", The New Indian Express, May 5, 2019
"Whither India’s Farm Sector Under NDA?", Swarajya (https://swarajyamag.com/economy/whither-indias-farm-sector-under-nda), April 30, 2019,
"How to make direct cash transfer work", The New Indian Express, March 23, 2019
“Will the buyer taste GST benefits?”; The New Indian Express, July 6, 2017 (With Leena Mary Eapen)
"GST: Upaboktha Thalparyam Samrakshikanam” (GST: Take care of Consumer’s Interest); Mathrubumi (Malayalam Daily); June 16, 2017
"Invest Big in Agriculture"; The New Indian Express; December 5, 2012.
"Food inflation not due to income"; The Hindu Business Line; July 6, 2012 (With Leena Mary Eapen).
"Proceed with Caution on Sugar Exports"; The Hindu Business Line; September 27, 2011.
"There is a future in farming"; The Hindu Business Line; November 9, 2010
"Better management of food economy is key to containing food prices and bringing long-term food price stability",The Chartered Financial Analyst (Interview), April 2010.
"A new development matrix for Kerala"; The Hindu Business Line; June 22, 2007
"Educating traders, public on VAT"; The Hindu; December 18, 2006
"Make VAT Rates Flexible", The Hindu Business Line, June 17, 2006
"Why Panic about what VAT will do to Prices", The Hindu Business Line , May 2, 2005 (With Leena Mary Eapen).
"State-Level Value Added Tax: Towards More Efficiency and Equal Competition", The Chartered Financial Analyst , April 2005.
"Political Realities and Double Speak", The Hindu Business Line, January 5, 2005.
"Fiscal Crunch and Bonus", The Hindu Business Line, November 16, 2001 (With Leena Mary Eapen
"Realpolitik of the Reforms", The Hindu Business Line, February 23, 2001.
"Fiscal Crunch and Bonus", The Hindu Business Line, November 16, 2001 (With Leena Mary Eapen
"Realpolitik of the Reforms", The Hindu Business Line, February 23, 2001.
