ABHISEK SUR

@jgu.edu.in

Assistant Professor; Jindal Global Law School
Jindal Global University

ABHISEK SUR


                  Download Compact PDF  
https://researchid.co/abhisek.sur15fpm
Dr. Abhisek has a PhD degree in the Economics area from the Indian Institute of Management (IIM) Ranchi. Prior to joining the doctoral course at IIM Ranchi, he has completed MBA from ICFAI Business School, Kolkata and M.Sc. in Economics, with a specialization in Econometrics & Statistics from Calcutta University and acquired industry experience of over six years in various capacities in the Indian banking sector.
His doctoral thesis titled “Essays on External Commercial Borrowings (ECBs) in India” involves a macro and micro-level analysis on ECBs in the Indian context. Besides exploring the push and pull factors impacting ECB flows to India, various risks arising from corporates’ overseas borrowing and associated corporate vulnerabilities are investigated in his doctoral thesis.
Abhisek has published research articles in peer-reviewed international journals like the Journal of Asian Economics, Journal of Tax Administration, Cogent Economics and Finance, and Economic & Political Weekly

EDUCATION

M.Sc. (Economics), MBA, (PhD Economics)

RESEARCH INTERESTS

• Open economy macroeconomics -
• Indian economy-
• International Economics
5

Scopus Publications

64

Scholar Citations

5

Scholar h-index

2

Scholar i10-index

Scopus Publications

  • Does foreign currency borrowing make firms vulnerable? Experience of emerging India
    Abhisek Sur, Amarendu Nandy, Partha Ray
    Journal of Policy Modeling, 2024
  • Fiscal Policy in India: Trends, Challenges, and Future Directions
    Amarendu Nandy, Abhisek Sur
    Perspectives on Economics and Management Essays in Honour of Anindya Sen, 2024
  • Persistent fiscal deficits and political economy transitions in India: An empirical investigation
    Economic and Political Weekly, 2020
  • India's external commercial borrowing: Pulled by domestic fundamentals or pushed by global conditions?
    Abhisek Sur, Partha Ray, Amarendu Nandy
    Journal of Asian Economics, 2019
    External commercial borrowing (ECB) has assumed growing prominence in the Indian economy. This paper analyzes the trends and determinants of ECB flows to India using monthly data for the period 2004M1 to 2015M12. Employing the Johansen cointegration and error correction techniques, our analysis suggests that both domestic factors and global economic conditions have influenced India’s ECB inflows. Regulatory changes in the capital account were found to have the greatest effect on ECB flows among variables considered. While the long-term trend has been toward greater openness, the regulatory authorities have also intervened with an eye to macroeconomic and exchange rate stabilization resulting in sometimes unwitting changes in the composition of capital flows. Other factors found to be significant are the rupee to US dollar exchange rate, the economic growth differential between India and the OECD, the interest rate differential between the domestic lending rate and LIBOR, international credit conditions, and India’s sovereign credit risk rating. Structural break analysis suggests that the global financial crisis of 2008 reduced ECB inflows significantly. Given the impact of changing capital account regulation on the volatility of ECB flows, we recommend simplifying and consolidating India’s regulatory framework without compromising the macro-prudential principles of capital account management.
  • FDI, technical efficiency and spillovers: Evidence from Indian automobile industry
    Abhisek Sur, Amarendu Nandy
    Cogent Economics and Finance, 2018
    Most emerging market economies intend to attract foreign direct investment (FDI), expecting that efficiency spillovers from FDI positively influence the productivity of domestic firms. The Indian automobile industry has been a key beneficiary of FDI, ever since the economy opened up since the early 1990s. Employing a stochastic frontier analysis (SFA), this paper first compares the technical efficiency of foreign firms (FFs) vis-à-vis domestic firms (DFs) in the Indian automobile industry for the period 2001–2014. Second, the paper identifies the key determinants, which explain the differences in technical efficiency between FFs and DFs. Finally, the paper analyses the transmission of spillovers from FFs to DFs in terms of competition, demonstration, and information effects. The results reveal higher technical efficiency (TE) of foreign firms over the domestic firms; that younger firms, both domestic and foreign, were relatively more efficient; and domestic automobile firms did not benefit from exporting activities, mainly due to their inward-orientation. The analysis in this paper suggests that the spillover effects is prominent only through demonstration effect. The competition and information effects are not significant channels for transmission of spillovers from foreign to domestic firms in the Indian automobile industry.

RECENT SCHOLAR PUBLICATIONS

  • Targeted reforms needed to attract more FDI
    A Sur, A Nandy
    The Hindu/Businessline , 2024
    2024
  • Fiscal Policy in India
    A Nandy, A Sur
    Perspectives on Economics and Management: Essays in Honour of Anindya Sen , 2024
    2024
  • Fiscal policy in India: Trends, challenges, and future directions
    A Nandy, A Sur
    Perspectives on economics and management, 193-227 , 2024
    2024
    Citations: 4
  • Does foreign currency borrowing make firms vulnerable? Experience of emerging India
    A Sur, A Nandy, P Ray
    Journal of Policy Modeling 46 (3), 530-551 , 2024
    2024
    Citations: 5
  • Between pause and pivot
    A Sur
    The Hindu Business Line , 2023
    2023
  • Budget’s missing export push
    A Nandy, A Sur
    The Hindu Business Line , 2022
    2022
  • Budget should cut direct taxes, boost spending
    A Nandy, A Sur
    The Hindu Business Line , 2020
    2020
  • Persistent fiscal deficits and political economy transitions in India: An empirical investigation
    A Nandy, A Sur, S Kundu
    Economic and Political Weekly 55 (8), 34-41 , 2020
    2020
    Citations: 5
  • The inheritance tax is an idea whose time has come
    A Nandy, A Sur
    Mint , 2019
    2019
    Citations: 1
  • Corporate Leverage, Vulnerability And Implications For Bank Stability: Firm Level Evidence From India
    A Sur, A Nandy, P Ray
    Proceedings of International Academic Conferences , 2019
    2019
  • India’s external commercial borrowing: Pulled by domestic fundamentals or pushed by global conditions?
    A Sur, P Ray, A Nandy
    Journal of Asian economics 61, 65-77 , 2019
    2019
    Citations: 13
  • Farm loan waivers: competitive populism among political parties for votes serves none
    A Nandy, A Sur
    Financial Express , 2019
    2019
  • The case for introducing inheritance tax in India
    A Nandy, A Sur, S Kundu
    Journal of Tax Administration 4 (1), 81-87 , 2018
    2018
    Citations: 1
  • Corporate income tax: a slippery slope
    A Nandy, A Sur
    HT Media Ltd. , 2018
    2018
  • FDI, technical efficiency and spillovers: Evidence from Indian automobile industry
    A Sur, A Nandy
    Cogent Economics & Finance 6 (1), 1460026 , 2018
    2018
    Citations: 30
  • India’s External Commercial Borrowing: Trends, Composition, and Determinants
    P Ray, S Abhisek, N Amarendu
    Indian Institute of Management Calcutta , 2017
    2017
    Citations: 5
  • Railways flexi-fare policy rests on naive and unclear assumptions: railways flexi-fare system appears to be a futile exercise to meet revenue targets, unless it plans to …
    A Nandy, A Sur
    HT Media Ltd. , 2016
    2016

MOST CITED SCHOLAR PUBLICATIONS

  • FDI, technical efficiency and spillovers: Evidence from Indian automobile industry
    A Sur, A Nandy
    Cogent Economics & Finance 6 (1), 1460026 , 2018
    2018
    Citations: 30
  • India’s external commercial borrowing: Pulled by domestic fundamentals or pushed by global conditions?
    A Sur, P Ray, A Nandy
    Journal of Asian economics 61, 65-77 , 2019
    2019
    Citations: 13
  • Does foreign currency borrowing make firms vulnerable? Experience of emerging India
    A Sur, A Nandy, P Ray
    Journal of Policy Modeling 46 (3), 530-551 , 2024
    2024
    Citations: 5
  • Persistent fiscal deficits and political economy transitions in India: An empirical investigation
    A Nandy, A Sur, S Kundu
    Economic and Political Weekly 55 (8), 34-41 , 2020
    2020
    Citations: 5
  • India’s External Commercial Borrowing: Trends, Composition, and Determinants
    P Ray, S Abhisek, N Amarendu
    Indian Institute of Management Calcutta , 2017
    2017
    Citations: 5
  • Fiscal policy in India: Trends, challenges, and future directions
    A Nandy, A Sur
    Perspectives on economics and management, 193-227 , 2024
    2024
    Citations: 4
  • The inheritance tax is an idea whose time has come
    A Nandy, A Sur
    Mint , 2019
    2019
    Citations: 1
  • The case for introducing inheritance tax in India
    A Nandy, A Sur, S Kundu
    Journal of Tax Administration 4 (1), 81-87 , 2018
    2018
    Citations: 1
  • Targeted reforms needed to attract more FDI
    A Sur, A Nandy
    The Hindu/Businessline , 2024
    2024
  • Fiscal Policy in India
    A Nandy, A Sur
    Perspectives on Economics and Management: Essays in Honour of Anindya Sen , 2024
    2024
  • Between pause and pivot
    A Sur
    The Hindu Business Line , 2023
    2023
  • Budget’s missing export push
    A Nandy, A Sur
    The Hindu Business Line , 2022
    2022
  • Budget should cut direct taxes, boost spending
    A Nandy, A Sur
    The Hindu Business Line , 2020
    2020
  • Corporate Leverage, Vulnerability And Implications For Bank Stability: Firm Level Evidence From India
    A Sur, A Nandy, P Ray
    Proceedings of International Academic Conferences , 2019
    2019
  • Farm loan waivers: competitive populism among political parties for votes serves none
    A Nandy, A Sur
    Financial Express , 2019
    2019
  • Corporate income tax: a slippery slope
    A Nandy, A Sur
    HT Media Ltd. , 2018
    2018
  • Railways flexi-fare policy rests on naive and unclear assumptions: railways flexi-fare system appears to be a futile exercise to meet revenue targets, unless it plans to …
    A Nandy, A Sur
    HT Media Ltd. , 2016
    2016

Publications

ABHISEK SUR
PhD in Economics

LIST OF PUBLICATIONS

JOURNAL ARTICLES

(1) “Persistent fiscal deficits and political-economy transitions in India: An empirical investigation, Economic and Political Weekly, 55:8, 34-41, (2020) (ABDC 2016: B), (Co-authors: Amarendu Nandy and Santanu Kundu)

(2) “India’s external commercial borrowings: Pulled by domestic fundamentals or pushed by global conditions?”, Journal of Asian Economics 61: 62-77, (2019) (Elsevier | ABDC 2016: B), (Co-authors: Partha Ray and Amarendu Nandy), doi: .

(3) “The Case for Introducing Inheritance Tax in India”, Journal of Tax Administration 4:1, 81-87, (2018), (University of Exeter | ABDC 2016: B), (Co-authors: Amarendu Nandy and Santanu Kundu)

(4) “FDI, Technical efficiency and spillovers: evidence from Indian automobile industry”, Cogent Economics and Finance, 6: 1460026, (2018), (Taylor & Francis | ABDC 2016: B) (with Amarendu Nandy), doi:

WORKING PAPERS

(1) India’s External Commercial Borrowing: Trends, Composition, and Determinants, (2017), Working Paper No. 802, Indian Institute of Management Calcutta, November. (with Partha Ray and Amarendu Nandy)


WORK IN PROGRESS

(1) Corporate leverage, vulnerability, and implications for Bank stability: Firm level evidence from India, (with Amarendu Nandy and Partha Ray), (Target journal: Applied Economics) (ABDC 2016: A)

(2) Exchange rate depreciation and corporate vulne

INDUSTRY EXPERIENCE

Indian Banking Sector for over 6 years