Cinque Terre

Assistant Professor I of Economics

Email: ranjankumar@xim.edu.in
Phone: 0674-6647820

Teaching & Research Publications Achievement Conf/Training/Seminars Advisory Positions Admin Responsibilities Education

Journal Publications

Bhuyan, B., Mohanty, R.K. & Patra, S (2023).. Impact of climate change on food security in India: an evidence from autoregressive distributed lag model. Environment, Development and Sustainability, https://doi.org/10.1007/s10668-023-04139-3

Mohanty, R.K., Behera, D.K. (2023), "Heterogeneity in Health Funding and Disparities in Health Outcome: a Comparison between High focus and Non-high focus States in India. Cost Effectiveness and Resource Allocation, Vol. 21, No.44.

Kaur A., R. K. Mohanty, D. Rangan, L. Chakraborty (2023). Ecological Fiscal Transfers and State-level Budgetary Spending in India: Analysing the Flypaper Effects. Economic & Political Weekly, Vol. 58, No. 14, pp:19-22.

Sahoo P. K., R. K. Mohanty, H. S. Rout (2022). Social Security of Mining Workers: Policy Versus Practice. Journal of Human Rights and Social Work, https://doi.org/10.1007/s41134-022-00226-z .

Mohanty, R.K. & N. R. Bhanumurthy (2021), "Revisiting the role of fiscal policy in determining interest rate in India," Journal of the Asia Pacific Economy, Vol. 26, No. 2, pp: 293-318.

Patra, S. K., R. K. Mohanty, (2020), “Does the Feldstein-Horioka Puzzle Exist among South Asian Countries? A Regime Switching Approach”, Journal of Public Affairs, Vol. 20, No.3, e2061.

Behera, D.K., R. K. Mohanty, U. Dash, (2020), “Cyclicality of Public Health Expenditure in India: Role of Fiscal Transfer and Domestic Revenue Mobilization”, International Review of Economics, Vol. 67, No.1, pp: 87-110.

Mohanty, R. K. and N. R. Bhanumurthy, (2020), "Analyzing the Dynamic Relationship between Physical Infrastructure, Financial Development and Economic Growth in India", Asian Economic Journal, Vol. 33, No.4, pp: 381-403.

Mohanty, R. K., S. Panda, B. Bhuyan (2020), "Does Defence Spending and its Composition Affect Economic Growth in India?", Margin: The Journal of Applied Economic Research , Vol. 14, No.1, pp: 62-85.

Mohanty, R.K., Sahoo, B.K., Chaudhury, P.K. (2020), "Assessing the (eco)macroeconomic performance index of India: A data envelopment analysis approach". Journal of Public Affairs, Vol. 21, No.1, e2122.

Mohanty, R. K. and N. R. Bhanumurthy, (2020), "Assessing public expenditure efficiency at the subnational level in India: Does governance matter?", Journal of Public Affairs, Vol. 21, No.2, e2173.

Mohanty, R. K., S. Panda, (2020), "How Does Public Debt Affect the Indian Macroeconomy? A Structural VAR Approach ”, Margin: The Journal of Applied Economic Research , Vol. 14, No.3 pp: 253-284.

Mohanty, R.K. (2020), “Fiscal Deficit and Economic Growth Nexus in India: A Simultaneous Error Correction Approach. Journal of Quantitative Economics, Vol. 18, No. 3, pp: 683-707.

Mohanty, R. K. (2019) “Does Fiscal Deficit Crowd Out Private Corporate Sector Investment In India? The Singapore Economic Review, Vol.64, No.5, pp: 1201-1224.

Choudhury, M., R. K. Mohanty, (2019), “Utilisation, Fund Flows and Public Financial Management under the National Health Mission,” Economic and Political Weekly, Vol. 54, No.8, pp: 49-57.

Mohanty, R.K. (2019) “An Empirical Investigation of Twin Deficits Hypothesis: Evidence from India,” Journal of Quantitative Economics, Vol. 17, No.3, pp: 579-601.

Choudhury, M., R. K. Mohanty and J. Dubey, (2018), “Fourteenth Finance Commission: Impact of its Recommendations,” Economic and Political Weekly, Vol. 53, No.10, March 10, pp: 74-78.

Panda, S., & R. K. Mohanty, (2015), “Effects of Exchange Rate Volatility on Exports: Evidence from India,” Economics Bulletin, Vol. 35, No. 1, pp: 305-312.

Mohanty, R. K. and B. Nayak (2012), “Term Structure of Interest Rates and Fisher Effect in India: An Empirical Analysis,” International Journal of Research in Commerce, Economics and Management (IJRCM), Vol.2, No.9, pp: 149-158.

Working Paper

"Ecological Fiscal Transfers and State-level Budgetary Spending in India: Analysing The Flypaper Effects in India" (Amandeep Kaur, R. K. Mohanty, Lekha Chakraborty, Divy Rangan, NIPFP Working Paper No. 332, March 2021.

"Ecological Fiscal Transfers and State-level Budgetary Spending in India: Analysing The Flypaper Effects in India" (Amandeep Kaur, R. K. Mohanty, Lekha Chakraborty, Divy Rangan, The Levy Economics Institute of Bard College Working Paper No. 990, July 2021.

“Revisiting the Role of Fiscal Policy in Determining Interest Rates in India” (R. K. Mohanty and N R Bhanumurthy), NIPFP Working Paper No. 296, February 2020.

“How Effective is Public Health Care Expenditure in Improving Health Outcome? An Empirical Evidence from the Indian States” (R. K. Mohanty and D. K Behera), NIPFP Working Paper No. 300, March 2020.

"Role of National Health Mission in Health Spending of States: Achievements and Issues" (Mita Choudhury and R. K. Mohanty), NIPFP Working Paper No. 317, August 2020

“Asymmetric Monetary Policy Transmission in India: Does Financial Friction Matter?” (Mohanty, R. K., & Bhanumurthy, N. R.), BASE University Working Paper No. 03/2020), Bengaluru, India. December 2020.

“How Does Public Debt affect the Indian Macro-economy? A Structural VAR Approach” (R. K. Mohanty and S. Panda), NIPFP Working Paper No. 250, January 2019.

“Assessing Public Expenditure Efficiency at Indian States” (R. K. Mohanty and N. R. Bhanumurthy), NIPFP Working Paper No. 225, March 2018.

“Utilisation, Fund Flows and Public Financial Management under the National Health Mission” (Mita Choudhury and R. K. Mohanty), NIPFP Working Paper No. 227, May 2018.

“Analyzing the Dynamic Relationship between Physical Infrastructure, Financial Development and Economic Growth in India” (R. K. Mohanty and N. R. Bhanumurthy), NIPFP Working Paper No. 245, November 2018.

“Examining the Eco-Macroeconomic Performance Index of India: A Data Envelopment Analysis Approach” (R. K. Mohanty and Biresh K. Sahoo), NIPFP Working Paper No. 202, July 2017.

“Impact of the Recommendations of the 14th FC: Central Transfers and Social Sector Expenditures in the 1st Year” (M. Choudhury, R. K. Mohanty and J. D. Dubey), NIPFP Working Paper No. 183, November 2016.

Conference Publications

"How Subnational Governments Decide Public Spending Priorities in India?" Presented at the 5th International Conference on IR 4.0 and GVC(ICIG 2023) on “GVC Resilience in Post COVID-19 Era”, held on June 1-2, 2023, Organized by Management and Economics Research Institute(MERI) & others at Chungnam National University(CNU), Daejeon, Korea.

"Macro-Fiscal Impact on Public Spending Priority in India: A State-Level Analysis" presented at the two-day international conference on " Growth, Resilience and Sustainability in an uncertain world" held on 11-12th April 2023 at the Department of Economics, Central University of Rajasthan, Bandarsindri, Rajasthan.

"The Dynamics between Remittance, Regulation, and Economic Growth in South-Asian Countries: A Panel ARDL Approach" presented at the 57th Annual Conference of the Indian Econometric Society, held on 4th to 6th January, 2023 at the University of Hyderabad, Hyderabad, Telangana.

"Does Financial Frictions Matter for Monetary Policy Transmission in India?" Presented at the 17th EAEA International Convention, held on 27-28 August 2022 organised by The East Asian Economic Association (EAEA) in partnership with Jeffery Cheah Institute on Southeast Asia (JCI) of Sunway University, Kuala Lumpur, Malaysia.

"Asymmetric Monetary Policy Transmission in India: Does Financial Friction Matter?” Presented at the 10th UECE Conference Economic and Financial Adjustments in Europe, held on 22 July 2022 organised by ISEG- Lisbon School of Economics and Management, Universidade de Lisboa, Lisbon,Portugal.

"Measuring Public Sector Efficiency of the Indian States : What Determines it?" Presented at the 4th International Conference on IR 4.0 and GVC(ICIG 2022) on “Sustainable GVCs in Post COVID-19 Era”, held on June 2-3, 2022 Organized by Management and Economics Research Institute(MERI) & others at Chungnam National University(CNU), Daejeon, Korea.

Book Chapter

Mohanty, R.K., Bhanumurthy, N.R. (2023). Does Financial Frictions Matter for Monetary Policy Transmission in India?. In: Srivastava, D.K., Shanmugam, K.R. (eds) India’s Contemporary Macroeconomic Themes. India Studies in Business and Economics. Springer, Singapore.

Kaur, A., Mohanty, R.K., Chakraborty, L., Rangan, D. (2023). Ecological Fiscal Transfers and State-Level Budgetary Spending in India: Analyzing the Flypaper Effects. In: Srivastava, D.K., Shanmugam, K.R. (eds) India’s Contemporary Macroeconomic Themes. India Studies in Business and Economics. Springer, Singapore.

Mohanty, R. K., Bhanumurthy, N. R., & Sahoo, B. K. (2023). Analysing public sector efficiency of the Indian States. In Handbook on Public Sector Efficiency by Afonso et al., Edward Elgar Publishing, pp: 373-407,ISBN: 9781839109157, DOI: https://doi.org/10.4337/9781839109164.00026.

Mohanty R.K. (2018) “Fiscal Deficit and Economic Growth Linkage in India: Impact of FRBM Act”. In: Khan N. (eds) Challenges and Issues in Indian Fiscal Federalism. India Studies in Business and Economics. Springer, Singapore, Pp: 89-105, DOI: https://doi.org/10.1007/978-981-10-6217-9_8.

Barik, A. K. and R. K. Mohanty, (2015), “Policy Effectiveness under the Conditions of Economy in Transition: An Application to Indian Economy” with in Strategic Issues in Business Management and Economics by E Suresh Kumar (ed al) (2015), Paramount Publishing House, New Delhi & Hyderabad, India. pp: 657-670. ISBN: 978-93-82163-83-1.

Velan, N. and R.K. Mohanty (2015),“Gender-wise Rural-to-Urban Migration in Orissa, India: An Adaptation Strategy to Climate Change” in Inequality and Climate Change Perspectives from the South by G. C. D. Ramos (2015), Council for the Development of Social Science Research In Africa (CODESRIA), Dakar, Senegal. pp: 137-170. ISBN: 978-2-86978-645-5.

Mohanty R.K. (2014) “Interest Rate and Fiscal Deficit Linkage in India: An ARDL Approach” in Indian Financial Markets: Policy, Investments and Stock Markets by H. Kaur & J B Singh ed. (2014), Regal Publication, New Delhi.

Articles in Newspaper

Union Budget 2020: Miles to go on the rural road, (with N. R. Bhanumurthy), The New Indian Express, 03/02/2020.

Q3 GDP indicates recovery in economic activity, (with N. R. Bhanumurthy) Financial Chronicle, 13th March 2018.