Dr. Abdhut Deheri

@curaj.ac.in

Assistant Professor of Economics, Department of Economics
Central University of Rajasthan

Dr. Abdhut Deheri


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https://researchid.co/abdhut123
I am currently serving as an Assistant Professor of Economics in the Department of Economics at the Central University of Rajasthan, Ajmer, India. My research primarily focuses on macroeconomic policies and issues, as well as international finance. I have published in reputed peer-reviewed journals, including the International Journal of Emerging Markets, Economic Change and Restructuring, The Journal of Economic Asymmetries, The Indian Economic Journal, and the Global Journal of Emerging Market Economies. My teaching interests lie in Econometrics, Macroeconomics, and Microeconomics.

EDUCATION

• Ph.D. Economics (2017-2024) from the Department of Economics, Pondicherry University
• M.A. Applied Economics (2015-17) from the Department of Economics, Pondicherry University
• PG Diploma in Foreign Trade (2015-16) from the Department of International Business, Pondicherry University
• B.A. Economics (2012-15) from Panchayat College, Bargarh, affiliated to Sambalpur University, Odisha.

RESEARCH, TEACHING, or OTHER INTERESTS

Economics, Econometrics and Finance, General Economics, Econometrics and Finance, Economics and Econometrics, Finance
8

Scopus Publications

58

Scholar Citations

4

Scholar h-index

2

Scholar i10-index

Scopus Publications

  • On the Long-run Sustainability of Current Account Deficits in India: Some Insights from Linear and Non-linear Cointegration Tests
    Abdhut Deheri
    Indian Economic Journal, 2024
    This article assesses the long-run intertemporal sustainability of the current account deficit in India for the period 1974–2018. We employ various linear and non-linear models, such as the Johansen cointegration test, the non-linear autoregressive distributed lag (ARDL), threshold autoregression (TAR) and momentum autoregression (MTAR) models, to validate the intertemporal budget constraint. The results of the linear cointegration test reveal no cointegration between exports and imports, plus interest payment on external debt. Results from non-linear models, however, provide evidence of cointegration between the variables, implying that the intertemporal budget constraint is validated. The estimates of the TAR model reveal that the current account disequilibrium adjustment process towards the long-run equilibrium follows an asymmetric pattern. Results of the non-linear ARDL model further show that, in the long run, exports react differently to positive and negative changes in imports. Overall, our results show the presence of asymmetries in the current account adjustment process. The estimated cointegrating vector suggests that the current account deficit exhibits weak sustainability. From a policy perspective, the findings recommend implementing suitable macroeconomic and trade policies to reduce the current account deficit. JEL Codes: C30, D90, F32, F34, F40
  • Do fluctuations in global crude oil prices have an asymmetric effect on oil product pricing in India?
    Abdhut Deheri, Stefy Carmel
    Economic Change and Restructuring, 2024
  • The Impact of Global Oil Market Shocks on India’s Merchandise Trade Balances
    Abdhut Deheri, Sunit Kumar Sahu
    Energy Research Letters, 2024
    This paper examines the influence of global oil market shocks on India’s aggregate, non-oil, and oil trade balances using the structural vector autoregression model. The impulse response analysis suggests that aggregate and non-oil trade balances deteriorate in response to adverse oil-specific demand shocks, while the oil trade balance improves. Among oil market shocks, only oil-specific demand shocks have a significant impact on all trade balance metrics. This research has crucial policy implications for the Indian economy.
  • Understanding corruption in India: determinants, nonlinear dynamics and policy implications
    Kumar Shaurav, Abdhut Deheri, Badri Narayan Rath
    International Journal of Emerging Markets, 2024
    Purpose The purpose of this research is to evaluate corruption in the context of India, spanning the period between 1988 and 2021. Additionally, it aims to provide an in-depth comprehension of the factors that drive its prevalence and to propose policy directives for addressing these underlying issues. Design/methodology/approach The study instead of relying on perception-based measures, takes a distinct approach by formulating a corruption index derived from reported instances, thus ensuring a more objective assessment. Furthermore, we employ stochastic frontier analysis to tackle the issue of under-reporting within the corruption index based on reported cases. Subsequently, an auto regressive distributed lag (ARDL) methodology is applied to ascertain the principal drivers of corruption, encompassing both long and short factors. Findings This study reveals that corruption in India is notably influenced by economic growth and income inequality. Conversely, government effectiveness and globalization display a tendency to mitigate corruption. However, our rigorous analysis demonstrates that financial development does not wield a substantial influence in our study. Moreover, our inquiry uncovers a nonlinear relationship between economic growth and corruption. Additionally, we ascertain that the long run and short run impacts of corruption remain relatively stable across both models utilized in our study. Originality/value This study differs from previous research in the subsequent manners. Primarily, we employed an objective measure to formulate the corruption index, coupled with addressing the underreporting issues via stochastic frontier analysis. Moreover, this study pioneers the identification of a non-linear relationship between corruption and economic growth within the Indian context, a facet unexplored in previous investigations.
  • Assessing the Long-Run Sustainability of Public Debt and Fiscal Deficit in India
    Abdhut Deheri, Ajit Nag
    Global Journal of Emerging Market Economies, 2023
    This article assesses the long-run sustainability of public debt and fiscal deficit in India for the period 1980–1981 to 2019–2020. The study estimated a model-based fiscal reaction function (FRF) using the Autoregressive Distributed Lag (ARDL) model to assess debt sustainability. The results revealed that the primary surplus responds positively and significantly to the previous period debt in both the short- and long-run. This implies that the fiscal policy satisfies the intertemporal budget constraint (IBC) and follows the debt-stabilizing rule. Next, to assess the sustainability of the fiscal deficit, we examined the long-run association between total revenues and total expenditures using a structural break cointegration test. The results revealed that they are cointegrated, implying that IBC is met and the fiscal deficit is sustainable. The results of long-run estimation provide evidence in support of strong budgetary sustainability. Overall, the results indicate that the public debt and the fiscal deficit are sustainable in India. From a policy standpoint, our research suggests that the government should take the necessary measures to reduce the growing public debt to ensure its long-run sustainability.
  • Does Indian economy asymmetrically respond to oil price shocks?
    Abdhut Deheri, M. Ramachandran
    Journal of Economic Asymmetries, 2023
  • The Nexus Between Remittance Inflows and Financial Development in India: Substitutes or Complements?
    Abdhut Deheri
    Indian Economic Journal, 2022
    This article investigates the relationship between remittance inflows and financial development in India from 1980 to 2018. The study employed Autoregressive Distributed Lag (ARDL) and Vector Error Correction (VEC) models to capture the short and long-run dynamics. In addition, the impulse response function (IRF) and forecast error variance decomposition (FEVD) analysis were utilised to understand the dynamic reaction of financial development to a given shock to remittance inflows and other variables. The results of the ARDL model reveal that remittances negatively influence financial development in the short run, while they positively influence it in the long run. The IRF analysis shows that financial development responds positively to one standard positive shock to remittance inflows. The FEVD analysis further reveals that shocks to remittance inflows explain around 30% to 32% of the total variation in financial development. From a policy standpoint, the findings suggest that well-framed policies should be formulated and implemented to encourage more remittance flows through formal channels. It will boost financial development, economic growth and also increase the other developmental effects of remittances on the economy. JEL Codes: C32, F22, F37
  • The Effects of Monetary Policy on Output and Inflation in India: A Timevarying Approach
    Economics Bulletin, 2021

RECENT SCHOLAR PUBLICATIONS

  • Understanding corruption in India: determinants, nonlinear dynamics and policy implications
    K Shaurav, A Deheri, BN Rath
    International Journal of Emerging Markets 20 (8), 3315-3341 , 2025
    2025
    Citations: 3
  • The Nexus Between Inflation and Inflation Uncertainty in India: Evidence From CPI Data
    A Deheri
    Asian Economics Letters 6 (2) , 2025
    2025
    Citations: 2
  • The impact of global oil market shocks on India’s merchandise trade balances
    A Deheri, SK Sahu
    Energy Research Letters 5 (3) , 2024
    2024
    Citations: 4
  • Are the Responses of Oil Products Prices Asymmetrical to Global Crude Oil Price Shocks?: Evidence from India
    A Deheri, S Carmel
    Madras School of Economics , 2024
    2024
  • On the Long-run Sustainability of Current Account Deficits in India: Some Insights from Linear and Non-linear Cointegration Tests
    A Deheri
    The Indian Economic Journal 72 (4), 585-601 , 2024
    2024
  • Do fluctuations in global crude oil prices have an asymmetric effect on oil product pricing in India?
    A Deheri, S Carmel
    Economic Change and Restructuring 57 (1), 17 , 2024
    2024
    Citations: 2
  • Assessing the long-run sustainability of public debt and fiscal deficit in India
    A Deheri, A Nag
    Global Journal of Emerging Market Economies 15 (3), 313-329 , 2023
    2023
    Citations: 15
  • Does Indian economy asymmetrically respond to oil price shocks?
    A Deheri, M Ramachandran
    The Journal of Economic Asymmetries 27, e00299 , 2023
    2023
    Citations: 18
  • The nexus between remittance inflows and financial development in India: substitutes or complements?
    A Deheri
    The Indian Economic Journal 70 (4), 597-614 , 2022
    2022
    Citations: 7
  • The Effects of Monetary Policy on Output and Inflation in India: A Time-varying Approach
    A Deheri
    Economics Bulletin 41 (3), 1603-1614 , 2021
    2021
    Citations: 7

MOST CITED SCHOLAR PUBLICATIONS

  • Does Indian economy asymmetrically respond to oil price shocks?
    A Deheri, M Ramachandran
    The Journal of Economic Asymmetries 27, e00299 , 2023
    2023
    Citations: 18
  • Assessing the long-run sustainability of public debt and fiscal deficit in India
    A Deheri, A Nag
    Global Journal of Emerging Market Economies 15 (3), 313-329 , 2023
    2023
    Citations: 15
  • The nexus between remittance inflows and financial development in India: substitutes or complements?
    A Deheri
    The Indian Economic Journal 70 (4), 597-614 , 2022
    2022
    Citations: 7
  • The Effects of Monetary Policy on Output and Inflation in India: A Time-varying Approach
    A Deheri
    Economics Bulletin 41 (3), 1603-1614 , 2021
    2021
    Citations: 7
  • The impact of global oil market shocks on India’s merchandise trade balances
    A Deheri, SK Sahu
    Energy Research Letters 5 (3) , 2024
    2024
    Citations: 4
  • Understanding corruption in India: determinants, nonlinear dynamics and policy implications
    K Shaurav, A Deheri, BN Rath
    International Journal of Emerging Markets 20 (8), 3315-3341 , 2025
    2025
    Citations: 3
  • The Nexus Between Inflation and Inflation Uncertainty in India: Evidence From CPI Data
    A Deheri
    Asian Economics Letters 6 (2) , 2025
    2025
    Citations: 2
  • Do fluctuations in global crude oil prices have an asymmetric effect on oil product pricing in India?
    A Deheri, S Carmel
    Economic Change and Restructuring 57 (1), 17 , 2024
    2024
    Citations: 2
  • Are the Responses of Oil Products Prices Asymmetrical to Global Crude Oil Price Shocks?: Evidence from India
    A Deheri, S Carmel
    Madras School of Economics , 2024
    2024
  • On the Long-run Sustainability of Current Account Deficits in India: Some Insights from Linear and Non-linear Cointegration Tests
    A Deheri
    The Indian Economic Journal 72 (4), 585-601 , 2024
    2024