Currently Serving as an Assistant Professor at Symbiosis Institute of Business Management, Pune, India at Symbiosis International University, India
EDUCATION
M.A. and M.Phil. in Analytical and Applied Economics from Utkal University, Odisha
PhD in Economics from Indian Institute of Technology Kharagpur, India
RESEARCH, TEACHING, or OTHER INTERESTS
Economics and Econometrics, Renewable Energy, Sustainability and the Environment, Development
The Spillover Effect of US-China Tension on India's Medium-High-Tech Manufacturing Exports: Exploring the Role of Export Market Diversification Himanshu Sekhar Panda, Mantu Kumar Mahalik Journal of Public Affairs, 2026 Rising US‐China tensions can significantly reshape the worldwide trade dynamics by disrupting established supply chains. Addressing this, this study explores the impact of US‐China tension on India's medium‐high‐tech manufacturing exports by obtaining time series data from India spanning 1997 to 2022. This study also examines the behavior of export market diversification on medium‐high‐tech manufacturing exports, in the presence of US‐China tension. To measure these relationships, the Dynamic Autoregressive Distributed Lag (DARDL) method is employed. The findings reveal that the US‐China tension exerts a positive impact on India's MHM exports, while export market diversification deteriorates it. Interestingly, this study discovers that export market diversification exerts a beneficial impact on India's medium‐high‐tech manufacturing exports in presence of the US‐China tension. Additionally, this study shows a beneficial role of domestic bank credit, economic growth, total export demand, government effectiveness, and currency depreciation on India's medium‐high‐tech manufacturing exports. These findings are consistent with the results from Fully Modified Ordinary Least Squares (FMOLS). The marginal plot and heatmap analysis provide robustness of the interaction effect. Results from the CUSUM and the CUSUM Square confirm the estimated model stability. These findings offer policy recommendations for Indian policymakers to maximize the MHM exports.
Impact of Non-performing Assets and Total ecological footprint on Housing Prices: Panel Evidence from Emerging Economies Pacific Rim Property Research Journal, 2024
RECENT SCHOLAR PUBLICATIONS
CREDIT TO THE POWER SECTOR AND ITS IMPLICATIONS ON SUSTAINABLE DEVELOPMENT IN INDIA: EXPLORING THE ROLE OF DIGITALISATION HS Panda, S Pal, MK Mahalik Institutional Finance, Digital Banking and Sustainable Development, 146-166 , 2026 2026
Mitigating energy uncertainty in emerging economies: the role of renewable energy generation and governance HS Panda, MK Mahalik International Journal of Ambient Energy 47 (1) , 2026 2026
The Divergent Effects of Geopolitical Risk on Market Openness Z Lu, G Gozgor, S Pal, HS Panda, MK Mahalik Finance Research Letters, 109501 , 2026 2026 Citations: 1
The Spillover Effect of US-China Tension on India's Medium-High-Tech Manufacturing Exports: Exploring the Role of Export Market Diversification HS Panda, MK Mahalik Journal of Public Affairs 26 (1), e70096 , 2025 2025
Do Financial Globalization and Government Spending Mitigate the Detrimental Impact of Renewable Energy Use on Export Performance in Emerging Economies? HS Panda, MK Mahalik, KN Rather Comparative Economic Studies 67 (4), 827-866 , 2025 2025
Do digital technology and political risk reduce CO2 emissions inequality in OECD economies? Panel evidence F Liu, W Liu, KN Rather, HS Panda, MK Mahalik, G Gozgor Journal of Environmental Management 392, 126742 , 2025 2025 Citations: 5
Catastrophic health expenditure of inpatients in emerging economies: evidence from the Indian subcontinent HS Panda, HS Rout, M Jakovljevic Health research policy and systems 22 (1), 104 , 2024 2024 Citations: 15
Impact of Non-performing Assets and Total ecological footprint on Housing Prices: Panel Evidence from Emerging Economies. HS Panda, MK Mahalik, KN Rather Pacific Rim Property Research Journal 29 (1) , 2024 2024
MOST CITED SCHOLAR PUBLICATIONS
Catastrophic health expenditure of inpatients in emerging economies: evidence from the Indian subcontinent HS Panda, HS Rout, M Jakovljevic Health research policy and systems 22 (1), 104 , 2024 2024 Citations: 15
Do digital technology and political risk reduce CO2 emissions inequality in OECD economies? Panel evidence F Liu, W Liu, KN Rather, HS Panda, MK Mahalik, G Gozgor Journal of Environmental Management 392, 126742 , 2025 2025 Citations: 5
The Divergent Effects of Geopolitical Risk on Market Openness Z Lu, G Gozgor, S Pal, HS Panda, MK Mahalik Finance Research Letters, 109501 , 2026 2026 Citations: 1
CREDIT TO THE POWER SECTOR AND ITS IMPLICATIONS ON SUSTAINABLE DEVELOPMENT IN INDIA: EXPLORING THE ROLE OF DIGITALISATION HS Panda, S Pal, MK Mahalik Institutional Finance, Digital Banking and Sustainable Development, 146-166 , 2026 2026
Mitigating energy uncertainty in emerging economies: the role of renewable energy generation and governance HS Panda, MK Mahalik International Journal of Ambient Energy 47 (1) , 2026 2026
The Spillover Effect of US-China Tension on India's Medium-High-Tech Manufacturing Exports: Exploring the Role of Export Market Diversification HS Panda, MK Mahalik Journal of Public Affairs 26 (1), e70096 , 2025 2025
Do Financial Globalization and Government Spending Mitigate the Detrimental Impact of Renewable Energy Use on Export Performance in Emerging Economies? HS Panda, MK Mahalik, KN Rather Comparative Economic Studies 67 (4), 827-866 , 2025 2025
Impact of Non-performing Assets and Total ecological footprint on Housing Prices: Panel Evidence from Emerging Economies. HS Panda, MK Mahalik, KN Rather Pacific Rim Property Research Journal 29 (1) , 2024 2024