About Us

Name : Dr. Bibek Ray Chaudhuri

Specialization : Economics

Designation : Professor

Email : brchaudhuri@iift.edu

Qualification

Ph.D (Economics), JNU

Visiting Research Fellow, School of Environment, Education and Development,University of Manchester, 2015

Areas of Interest / Specialization

Competencies

CGE, Trade Data analysis, Productivity Analysis, Structural Equaition Modelling, Limited Dependent Variable Models, Survey design and Analysis.

Courses Taught

Macroeconomics (MBA), Trade Analytics (MBA), Macroeconomic Theory (MA in Economics and Ph.D.), Advanced Topics in Macroeconomics (MA in Economics and Ph.D.), Development and Economic Policy in India (MA in Economics) and Banking and Financial Intermediation (MA in Economics)

Training

Microfinance, Trade Data analysis, Survey - Planning, Execution and analysis, Simulations

Work Experience

• Currently serving the Institute as ‘Associate Professor” of Economics.

• Research Projects Completed/Ongoing

  1. Study on Disability and Identification of Market Opportunity in Foreign Trade for ALIMCO
  2. India-UK Trade and Investment Study, DFID 
  3. Project on identifying the bottlenecks in improving India's Rank in Trading Across Border, DIPP 
  4. Export Strategy Plan for Increasing Export of Spice and Value Added Products of Spices from India, Spices Board
  5. Export Strategy Document for the State of West Bengal, Sponsored by Department of Industries, Govt. of West Bengal.
  6. Export Strategy Document for the State of Madhya Pradesh, Sponsored by Department of Industries, Govt. of Madhya Pradesh.
  7.  Project Sponsored by Partnership for Economic Policy (PEP), Canada titled: “Impact of Trade Liberalization on Manufacturing Employment in India”. Decision Letter No. MPIA 12598.
  8. Viability of Diamond Harbour Port, Sponsored by CPT.
  9. 100% Physical Verification of PMEGP Units in West Bengal, (Sponsored by KVIC)
  10. Foreign Capital Flows and Performance of MFIs in India (Sponsored by Global Development Network and IIFT)
  11. Export Potential of Auranachal Pradesh (Sponsored by Department of Industry and Commerce, Govt. of Auranachal Pradesh).
  12. Enhancing Competitiveness of Unregistered Manufacturing Industries in India (Sponsored by National Manufacturing Competitiveness Council, GOI)
  13.  India-Thailand FTA: Opportunities, Threats and Implementation Issues (Sponsored by MOC, GOI).
  14. Indo-Malayasia CECA: Inputs for Negotiation (Sponsored by MOC, GOI).
  15. Monitoring India Singapore CECA (Sponsored by MOC, GOI)
  16. Export Potential Survey and Strategies for Karnataka (Sponsor: VITC, Govt. of Karnataka).

• Served the National Council of Applied Economic Research (Industry Division), New Delhi as a Consultant (From August 2003 to 1.1.2006).

Worked on the following projects:

  1. “Evaluation study of MOU system”
  2. “E-Readiness Assessment of the Indian States 2004 &2005”
  3. “A Snap survey of Registered Dealers under the CST Act in Punjab”


Publications

Journal Articles

  • Chaudhuri, B R, Chakraborty, D and Sengupta (2022), ARising Import Threat influencing India’s Withdrawal from Regional Comprehensive Economic Partnership? Evidence from Structural Break Results, Empirical Economics Letters, 21 (3), March 2022.
  • Bannerjee S., Chaudhuri B.R. (2021) ‘Brand love and party preference of young political consumers (voters)’, International Review on Public and Nonprofit Marketing.
  • Chaudhuri B.R., Chakraborty D. (2021) ‘India’s Withdrawal from the Regional Comprehensive Economic Partnership: Deciphering Commodity Level Undercurrents’, Economic & Political Weekly (EPW), 56(48), pp-26-30.
  • Julien C, Chakraborty D, Chaudhuri B.R, (2020), ‘The Rise and Fall of Free Trade Agreements: Analytical Evidence from India’s Practice’, Journal of Law, Economics, and Policy.
  • Banerjee S, Chaudhuri B.R. (2020) ‘Factors Shaping Attitude of Voters about Celebrity Politicians: Direct and Indirect Effects’, Journal of Business Research, 109: 210-220. https://doi.org/10.1016/j.jbusres.2019.12.009.
  • Chaudhuri, B.R., Chatterjee, S. and Dutta, D. (2019) 'Technology In Telecom Sector: A Structural Equation Modeling Approach', Global Business Review, Vol (No.20(1)): pp.166-178 https://doi.org/10.1177/0972150918802534.
  • Chaudhuri, B.R. and Banerjee, S. (2018) 'Influence of Voter Demographics and Newspaper in Shaping Political Party Choice in India: An Empirical Investigation', Journal of Political Marketing, 17(1): 90-117. https://doi.org/10.1080/15377857.2016.1147513
  • "Impact of Spill-over Effects of FDI and Technology Gap on IT Services Firms in India", Pragyaan, (with Goutam Das)
  • "Impact of FDI on Labour Productivity of Indian IT Firms: Horizontal Spillover Effects", Prajnan,  (with Goyutam Das)
  •  "Efficiency of MFIs in India during the Crisis Years: A Data Envelopment Analysis Approach", Prajnan,  Vol. XLVII, No. 1, 2018-19 (With Shubhasree Bhadra and T P Ghosh)
  •  
  • “Determinants Of Adoption Of New Technology In Telecom Sector: A Structural Equation Modeling Approach”, Forthcoming,  Global Business Review, Sage Publications (January-February 2019) issue.(With Susmita Chatterjee & Debabrata Dutta)
  • “Factors responsible behind political brand preference: an empirical study on Indian voters”, Marketing Intelligence & Planning (Emerald) 34(4):559-582 · June 2016 (with Saikat Bannerjee)
  • “Influence of Voter Demographics and Newspaper in Shaping Political Party Choice in India: An Empirical Investigation”, Journal of Political Marketing (Taylor & Francis) · February 2016, DOI: 10.1080/15377857.2016.1147513 (With Saikat Bannerjee)
  •  “Outward FDI vs. Exports: The Case of Indian Manufacturing Firms”, The Journal of Industrial Statistics, Volume 5, No. 1, 2016. (With Abhishikta Roy Chowdhury) .
  •  ‘Microfinance and Rural Development in West Bengal ‘, December, 2014, Artha Beenkshan- Journal of Bangiya Arthaniti Parishad, vol 23, no 3, ISSN 0972-1185 (With Shubhashree Bhadra).

  •  “Influence of COO on Product evaluation of Mobile Phones”, Journal of Asian Business Studies, Emerald Group Publishing, (Co-authored), Vol8, No.3, 2014.
  • “Determinants of Manufacturing FDI in India: A Sectoral Analysis”, The Journal of Industrial Statistics, Vol21 Issue 2, September, 2013 (Co-authored)
  • ‘Manufacturing Sector in West Bengal-Advantages and Potential’, The Journal of Industrial Statistics, Vol.1 Issue 2, September, 2012 (Co-authored) 
  • ‘Is Indian Textile Sector Ready to Face Post-MFA Challenges? Firm-Level DEA Analysis on Input Efficiency’ (Co-authored), Abhigyan – A Management Journal, 2006.
  • ‘India’s Economy in the 21st Century – A Management Perspective’ in 8M - A management Journal, (Co-authored) 2005.

Papers Communicated/Under Review

  •  “Pharmaceutical Exports and Patents in India – An Empirical Investigation” with S Bhattacharyya, S Chatterjee and D Chakraborty.
  • “A Multi-Dimensional Index of Financial Inclusion” with S Bhadra and P Khari
  • “What Ails India’s Tech Exports: Role of NTBs and Knowledge formation” with S Bannerjee.

Reports Published as Books

  • Co-authored “Export Potential of Auranachal Pradesh” (Sponsored by Department of Industry and Commerce, Govt. of Auranachal Pradesh) Published by IIFT, 2010.
  • Co-authored “Enhancing Competitiveness of Unregistered Manufacturing Industries in India” (Sponsored by National Manufacturing Competitiveness Council, GOI) Published by IIFT, 2009.
  • Co-authored “Export Potential Survey and Strategies for Karnataka” (Sponsor: VITC, Govt. of Karnataka) Published by IIFT, 2008.
  • Co-authored "E-readiness Assessment of the Indian States: 2005" a book published by Department of Information and Technology, Government of India and NCAER.
  • Co-authored "E-readiness Assessment of the Indian States: 2004" a book published by Department of Information and Technology, Government of India and NCAER.

 

Working Papers

  •  Chaudhuri, B.R., Bhattacharyya, S. and Chatterjee, S. (2019) ‘Pharmaceutical Exports and Patents in India – An Empirical Investigation’, IIFT Working Paper Series, W.P. No. EC - 1 9 - 3 9.
  • Raju, S., Chaudhuri, B.R. and Mishra M.S., (2016) . "Trade liberalization and employment effects in Indian manufacturing: An empirical assessment," Working Papers MPIA 2016-19, PEP-MPIA.
  • Chaudhuri, B.R. and Bhadra, S. (2015) 'Total Factor Productivity of Indian Microfinance Institutions', Working Paper No. GM-14-26, IIFT Working Paper Series, February, 2015, New Delhi.  
  • Chatterjee, S, Chaudhuri, B.R. and Datta, D. (2012), ‘An Investigation into the Prospect of 3G Adoption in Kolkata: A Structural Equation Modeling Approach’, Working Paper No. EC-12-14 IIFT Working Paper Series, 2012.
  • Chaudhuri, B.R. and Ghosh, T.P. (2012), “Impact of External. Capital Flows on. MFI Performance”, GDN Working Paper series.
  • Chaudhuri, B.R. and Chakraborty, D. (2011), “Export Potential at the State-Level: A Case Study of Karnataka”, Working Paper No. EC-10-02 IIFT Working Paper Series, 2011.

Occasional Papers

  • “Inward Foreign Investments in India and China: A Comparative Perspective ", IFPS/CPWAS Occasional Paper Series No. 4, 2013.

Conference Proceedings

  • “Country Level Determinants of Ownership Pattern of India’s Outward Foreign Direct Investment”,CSO, Conference Proceedings published as a Supplement to Annual Survey of Industries, 2017 (co-authored).
  • “Outward FDI vs. Exports: The Case of Indian Manufacturing Firms”, CSO, Conference Proceedings published as a Supplement to Annual Survey of Industries, 2014(co-authored).
  • ‘Determinants of Manufacturing FDI in India: A Sectoral Analysis’ CSO, Conference Proceedings published as a Supplement to Annual Survey of Industries, 2012(co-authored).
  •  ‘Manufacturing Sector in West Bengal-Advantages and Potential’, CSO, Conference Proceedings published as a Supplement to Annual Survey of Industries, 2011(co-authored).
  •  ‘Outreach of SHG-Bank Linkage in India – A District-level Analysis’, Conference Proceedings, Osmania University, Published by Himalaya Publications 2009.

Web & Other Articles:

  • “Outward Foreign Investment from India and China”, YOUTHINK, Volume X, 2015.
  • ‘Transition from NBFC to a Bank-The Curious Case of Bandhan Financial Services Limited’, IMI Konnect, Volume VIII, December 2014.
  •  Article "Credit and Women Empowerment: Is the Relationship Positive?" published in the Issue XII of Gender and Trade Newsletter of Commonwealth Secretariat. http://www.genderandtrade.org/gtinformation/164143/179758/239761/239764/article/

Unpublished Work

 

  •  ‘Impact of September 11th Incident on The Indian Economy – An Econometric Analysis using Trends and Cycles’ with Prof. D.N.Rao.
  •  'Study on the Revamping of the MOU System', September 2004, a Report, National Council of Applied Economic Research, New Delhi.
  •  “A Snap survey of Registered Dealers under the CST Act in Punjab”, a Report, National Council of Applied Economic Research, New Delhi.

Book Review

  •  “International Trade in Services in India: Implications for Growth and Inequality in a Globalizing World” by Ajitava Roy Chowdhury and Prabir De, ISBN 0-19-807937-0, 2012 OUP Foreign Trade Review, vol. 48, 1: pp. 161-163.©2013
  • "Trade, Investment and Economic Development in Asia: Empirical and Policy Issues", by Debashis Chakraborty and Jaydeep Mukherjee (Eds), Abingdon: Routledge, 2016, £95, 387 pp., ISBN 978-1-138-96243-9 in Foreign Trade Review 52(4) 265–267 ©2017.

Ongoing Work

 

  •  “Productivity of Indian MFIs-a KAM approach” with S Bhadra
  • “Does Mission Drift Mediate the Relationship between Regulation and Performance of MFIs in India” with S Bhadra
  • “Does National-level Trade Policy effect State-level Exports” with R Bhattacharyya and S Mondal.
  • “Market outcome when a Leader Exits” with S Bhadra.
  • “Labour Mix, bargaining power and Effect of Liberalization”, with O Dey
  •  “Mission Drift and Type of MFIs”, with P Khari
  •  “Impact of introduction of AI on wage inequality in the presence of heterogenous labour” with S Marjit and S Roy.
  • “Impact of Servicification and FDI on Exportability of Steel Firms”, with P Mitra Mukherjee.
  • “Effectiveness of Monetary Policy in the presence of CBDCs”, with T Ajaz.

PhD Guidance:

Supervisor

  • "Impact of Inward FDI in IT sector in India – Industry and Firm-level effects", Goutam Das, PhD 2012 Batch, IIFT. (Awarded)
  • "Borrower Characteristics, Loan Size, Repayment rate and efficiency of MFIs in India", Subhasree Bhadra, PhD 2013 student at University of Calcutta. (Awarded)
  • “Perspectives on the Future of India’s Exports”, Subhasree Banerjee, PhD 2018 Batch (Ongoing).
  • “Mission Drift its causes and Consequences: A Theoretical and Empirical Analysis”, Pooja Khari PhD 2019.
  • “Impact of Artificial Intelligence on a Developing Economy with Heterogenous Skills”, Shreya Roy PhD 2019 jointly with Prof. Sugata Marjit.

Doctoral Advisory Committee

For Six students at IIFT

Professional / Academic Affiliations

Awards/Fellowships:

  • Second Prize in the category “Outstanding Research on Development”, conferred by Ministry of Finance, Government of Japan, in the Annual Global Development Network Conference, at Universaid Los Andes, Columbia in January, 2011.
  • Junior Research Fellowship awarded by University Grants Commission in December 1998.
  • Received Second Prize in the Research Paper Contest, “India’s Economy in the 21st Century – A Management Perspective” organized jointly by IIFT and JIMS, New Delhi

Special Training Attended

 

  • “CGE Modeling using GAMS”, Ecomod Singapore chapter, January 2014.
  • "Microfinance Training of the Trainers Programme" (Online), Conducted by Asian Development Bank Institute, China Development Bank and Tokyo Development Learning Centre, World Bank. (July-November, 2013)
  • "Short Course in Global Trade analysis Package (GTAP)", Purdue University, USA in August 2009 at UNESCAP office Bangkok, Thailand.

Conferences Attended (Recent)

  • aChaudhuri, B.R. (2019) ‘A Multidimensional Index of Financial Index for India, paper presented at International Conference on Sustainable Development - A Value Chain Perspective’, MDI Mushirdabad. 6 December, Kolkata, West Bengal.
  • Chaudhuri, B.R. (2019) ‘A Multidimensional Index Of Financial Index for India, International Conference on Sustainable Development - A Value chain Perspective’, paper presented at PhD Scholar’s Workshop, 5 December, IIFT Kolkata, West Bengal.
  • Chaudhuri, B.R. (2019) ‘WTO and India’s Engineering Exports: Trends and Challenges’, paper presented in Conference on 25 Years of the WTO and India: A Retrospective, 5 September, Seminar Hall 1, India International Centre, New Delhi.
  • Chaudhuri, B.R. (2018) ‘Destination-wise Macro Determinants of Equity vs Non- Equity Mode of International Market Access by Indian Firms’, paper presented at EIITF, 13 December, New Delhi.
  • Chaudhuri, B.R. (2018) ‘Prospects for Indian Agricultural Products from Proposed India-UK FTA’, paper presented at EIITF, 14 December, New Delhi.
  • Chaudhuri, B.R. (2018) ‘Prospects for Indian Agricultural Products from Proposed India-UK FTA’, paper presented at 6th Agricultural Conference, 11 October, New Delhi.
  • Invited to Present on, "India's Trade with ASEAN: From Look East to Act East", on 05.01.2018, Tri-Department Conference, University of Calcutta.
  • Reviewed a paper titled, "The Effect of health insurance on the duration of hospital Stay in India: A Semiparametric Copula Analysis", at Finance and Economics Conference (FINECON) 2017 on December 28, 2017, IMI Kolkata.
  • Presented a paper on, "Country Level Determinants of Ownership Pattern of India’s Outward Foreign Direct Investment”, 8th National Seminar on Industrial Statistics to be held on 15th December, 2017 at Kolkata.
  • Presented a paper on, “Does national-level trade policies impact State-level exports? A case of West Bengal,”6th IGC-Jadavpur University-ISI West Bengal Growth Conference Venue: Anita Banerjee Memorial Hall, Faculty of Arts, Jadavpur University, Jadavpur Campus, Kolkata, India. Date: 29.12.2016.
  • Chaired two sessions at, Conference on "Emerging Perspectives in Commerce, Economics and Management - Policies for a Better World", St. Xaviers's College (Autonomous), Kolkata, on 2nd and 3rd November, 2017.
  • Presented a paper on “Trade Liberalisation and Employment Effects in Indian Manufacturing: An Empirical Assessment “, EIITF5, Kolkata, India. 16.12.2016.
  • Co-author of a paper on, “Firm-level Determinants of FDI – WOS vs. JVs”, EIITF5, Kolkata, India. 16.12.2016.
  •  Presented a paper on “Trade Liberalisation and Employment Effects in Indian Manufacturing: An Empirical Assessment “, 10th Inha-Le Havre International Conference “International Trade, Capital Flows and Economic Development: Capacity Building and Economic Initiatives”, Incheon, South Korea. 20.10.2016. (Travel Grant received from PEP, Canada).
  •  Presented a paper on “Trade Liberalisation and Employment Effects in Indian Manufacturing: An Empirical Assessment “, PEP India Policy Conference, IIFT Kolkata, India. 19.08.2016.

Management Development Programmes Offered (Recent Programmes)

  • MDP Schedule- Training of Master Trainers for Export Consultancy in the Gems and Jewellery & Apparel Sector of West Bengal, Sponsored by WBIDC, November, 2021.
  • Comprehensive Training Programme on “International Business – Destination Identification” Sponsored by HPCL, November, 2020.
  • Strategies for International business Collaboration, IIFT and Talentedge, May, 2020
  • Training programme on International Trade & Business for ITS Officers, Sponsored by MOC, GOI, April 2021, April, 2020, March, 2019, February, 2018
  • Certificate Programme in International Business, Sponsored, TVS Motors, November, 2019, November, 2020 and March, 2022.
  • Advance Level Handholding Program For The Entrepreneurs of West Bengal, Sponsored by MSME Department, Government of West Bengal, November, 2019
  • Export Opportunities and Threat Assessment, Open programme, August, 2019
  • Comprehensive Training Programme on International Trade, Sponsored by DGCI&S, March, 2019
  • Export Potential of North Eastern States and Procedures, Sponsored by North Eastern Council February, 2019
  • Export Potential of West Bengal and Procedures, Sponsored by Department of industries, Government of West Bengal, August, 2018.
  • "A day Workshop on Facilitating International Business: Free Trade Agreements (FTAs),Regional Trade Agreements (RTAs)", For members of CII Eastern Region, July,2018.
  •  "Export Potential and Procedures for Officers of Government of West Bengal", July, 2018.
  • "10 days Programma on International Business for DGCI&S Staff", April, 2018“5-Days Residential Training Programs for the Officers of Industries and Commerce, Government of Assam, on Export Potentialities of North East Region and Procedures”, August, 2017, IIFT, Kolkata.
  •  “Capacity Building Programme on Career Counselling for the Employment Exchange Officers/Career Counsellors” at IIFT Kolkata campus on the topic ‘Marketing prospecting - Directory, Occupation codes etc.’ During April to July 2017.
  • "Comprehensive Training Programme on International Business"for DGCI&S officials 20th -30th March, 2017.
  • Two Days MDP on "Ëxport Opportunities and Threat Assessment"at IIFT Delhi 9th-10th March, 2017
  • "International Trade Operations, Informatics and Analytics"for Officers of DGCI&S, 13th to 17th February, 2017.
  • Workshop on “Microeconomics and Macroeconomics” for International Business Managers of Coromondal Fertilisers a leading International Business Company (Trained them on evaluating and dealing with supplier’s risk). 21.03.2016
  •  Executive Development Programme, Nairobi, Kenya in September, 2015, on International Business.
  • GI Workshop for Producers in West Bengal (25.6.2015), Programme Coordinator.

Teaching Assignment (International)

  • Taught ‘International Business Environment’ and ‘WTO & Trade Policy’ to students of MBA(IB), Institute of Financial Management, Daar Es Salaam, Tanzania
  • Delivered lectures on ‘Trade Research Methodology’ to Faculty Members of Vietnam Foreign Trade University, Vietnam.

Reviewer

  • Journal of Quantative Economics.
  • Margin
  • The South Asia Economic Journal (SAGE Journal)
  • Journal of Business Management
  • Foreign Trade Review (SAGE Journal)
  • Market Intelligence and Planning (Emerald)
  • International Journal of Economic Policy in Emerging Economies (Inderscience)

Visiting Faculty

  • Indian Institute of Management, Kashipur.
  • Indian Institute of Managaement, Sirmaur
  • University of Calcutta
  • Indian Institute of Management, Raipur
  • International Management Institute, Kolkata
  • Enterprise Development Institute, BNCCI, Kolkata, India.
  • University of Petroleum and Energy Studies, New Delhi.

 

 

Academic Administrative Work

  • Programme Director MA Economics, 2019-21 and 2021-23.
  •  Programme Director: MBA (IB) 2008-10 (Full-time Programme) and MBA (IB) 2012-15 (Part-Time Programme)
  • Faculty-in-Charge (Exams): July 2016 till Present
  • Purchase Committee Member:  2016 till Present
  • Member “Research Admissions Procedure Committee”: 2014 till present
  • Associate Editor: Foreign Trade Review (A SAGE Publication), 2014 till Present.
  • Member, Board of Studies, IIFT, 2017 till present

      Other Engagements

  • Member, Economic Affairs Committee, BCCI&I
  • Co-Chair, International Trade Committee, BCC&I
  • Member Interview Board, DGCI&S for Research Interns
  • Member Board of Studies: IMT CTDL, Kazi Nazrul University, IGNOU, Management Department
  • On Expert Panel to Decide appropriate Trade Indices to be monitored by DGCI&S
  • Reviewer of "Macreconomics Course"for BBA Programme of St. Xavier's College, Kolkata.
  • Member "Trade Policy Expert Group", Bengal Chamber of Commerce and Industry (BCCI).