Designation: Assistant Professor Extn: 235 Email: debiprasad.bal@bgu.ac.in Area: Economics
BIOSKETCH
Dr. Debi is a faculty in Economics in Birla School of Social Sciences and Humanities at Birla Global University, Bhubaneswar. He has obtained PhD degree in Economics from Indian Institute of Technology (IIT) Hyderabad, and Master degree in Economics from University of Hyderabad. He has more than four and half years of post-Ph.D. teaching and research experience from Xavier University, Bhubaneswar and National Institute of Technology Sikkim. His prime concern and aim for the future teaching would emphasize for providing high quality research-based teaching at undergraduate and post graduate level. His research interests are in Macroeconomics, Energy Economics, Public Economics, Environmental Economics and Applied Economics. Debi has published many papers in highly refereed journal. Based on Australian Business Dean Council (ABDC) journal ranking he has published so far 16 papers (A*=1, A=3, B=5 and C=7). He has also engaged in one of the sponsored research project title as “Innovation and Sustainable Decision Support System for Drinking Water Security in Indian Himalayan Region of Sikkim and West Bengal” which is ongoing funded by National Mission on Himalayan Studies, Ministry of Forest, Environment and Climate Change, Government of India.
Educational Qualifications
PhD
Economics (Awarded in September, 2015); Indian Institute of Technology (IIT) Hyderabad; Title of the Thesis: “Public Debt and Macroeconomic Performance in India”.
Masters
M. Phil in Economics (Awarded in December 2009); Pondicherry University; Title of Thesis: “Exchange rate volatility and Export of India”.
M.A. in Economics; University of Hyderabad (2004 –2006).
Bachelors
B.A. in Economics as Honours (2001 –2004); B.J.B College, Utkal University, Bhubaneswar, Odisha.
Area of Interest and Research
Macro Economics
Energy Finance
Public Finance
Applied Economics
Teaching Courses
Elementary Econometrics
Basic Econometrics
Mathematical Economics
Advanced Econometrics
International Economics
Macroeconomics
Experience
Assistant Professor, Department of Economics, School of Social Sciences & Humanities, Birla Global University Bhubaneswar, September, 2019- Continuing
Assistant Professor, Department of Humanities and Social Science, NIT Sikkim, August, 2016 – August, 2019.
Research Associate, Centre of Excellence in Fiscal Policy and Taxation, Xavier University, Bhubaneswar, September, 2015- July, 2016.
Recognitions and Awards
Doctoral Research Fellowship received from the MHRD, Govt. of India
Research Excellence Award in the year 2014 organized by Indian Institute of Technology Hyderabad, March 25, 2015.
Research Funding and Consulting
Title of the Project: “Innovation and Sustainable Decision Support System for Drinking Water Security in Indian Himalayan Region of Sikkim and West Bengal”
Sponsor Agency: National Mission on Himalayan Studies
Amount: Rs. 49,30, 200/- (Rupees Forty Nine Lakh Thirty Thousand Two Hundred Only).
Bal, D. P., & Dash, D. P. (2020). Nonlinear Granger causality between oil price and stock returns in India. Journal of Public Affairs,
https://onlinelibrary.wiley.com/doi/abs/10.1002/pa.2137
Mahata, A., Bal, D. P., & Nurujjaman, M. (2020). Identification of short-term and long-term time scales in stock markets and effect of structural break. Physica A: Statistical Mechanics and its Applications, 123612,
https://www.sciencedirect.com/science/article/pii/S037843711932014X
Bal, D. P., & Rath, B. N. (2019). Nonlinear causality between crude oil price and exchange rate: A comparative study of China and India-A Reassessment. Economics Bulletin, 39(1), 592-604,
http://www.accessecon.com/Pubs/EB/2019/Volume39/EB-19-V39-I1-P60.pdf
Rath, B. N., Akram, V., Bal, D. P., & Mahalik, M. K. (2019). Do fossil fuel and renewable energy consumption affect total factor productivity growth? Evidence from cross-country data with policy insights. Energy policy, 127, 186-199,
https://www.sciencedirect.com/science/article/abs/pii/S0301421518308103
Dash, D. P., Sethi, N., & Bal, D. P. (2018). Is the demand for crude oil inelastic for India? Evidence from structural VAR analysis. Energy policy, 118, 552-558,
https://www.sciencedirect.com/science/article/abs/pii/S0301421518302179
Bal, D. P., & Rath, B. N. (2018). Do Macroeconomics Channels Matter for Examining Relationship Between Public Debt and Economic Growth in India?. Journal of Quantitative Economics, 16(1), 121-142, https://link.springer.com/article/10.1007/s40953-017-0094-3
Bal, D. P., Dash, D. P., & Subhasish, B. (2016). The effects of capital formation on economic growth in India: Evidence from ARDL-bound testing approach. Global Business Review, 17(6), 1388-1400, https://journals.sagepub.com/doi/abs/10.1177/0972150916660403
Dash, D. P., Bal, D. P., Sahoo; M. (2016). Nexus between defence expenditure and economic growth in BRIC economies: An empirical investigation; Theoretical and Applied Economics , Vol. 606, No. 1, pp. 89-102; https://mpra.ub.uni-muenchen.de/77014/
Bal, D. P., & Rath, B. N. (2016). Is public debt a burden for India?. Economic Papers: A journal of applied economics and policy, 35(2), 184-201.
Bal, D. P., & Rath, B. N. (2015). Nonlinear causality between crude oil price and exchange rate: A comparative study of China and India. Energy Economics, 51, 149-156, https://www.sciencedirect.com/science/article/pii/S0140988315001899
Bal, D. P. (2014). The effects of public debt on capital formation in India: evidence from structural VAR analysis. International Journal of Monetary Economics and Finance, 7(1), 66-80, https://www.inderscienceonline.com/doi/abs/10.1504/IJMEF.2014.063838
Bal, D. P., & Rath, B. N. (2014). Public debt and economic growth in India: A reassessment. Economic Analysis and Policy, 44(3), 292-300, https://www.sciencedirect.com/science/article/abs/pii/S0313592614000289
Rath, B. N., & Bal, D. P. (2014). Do fdi and public investment crowd in or crowd out private domestic investment in India. The Journal of Developing Areas, 269-284, https://www.jstor.org/stable/24241238
Bal, D. P., & Mohanty, S. (2014). Determination of willingness to pay for entrance fee to national park: An empirical investigation. International Journal of Ecological Economics and Statistics, 35(4), 66-73, http://www.ceser.in/ceserp/index.php/ijees/article/view/3343
Bal,D.P. and Mohanty, S. (2013), “Causal Link between FDI, Export and Economic Growth in India: A Comparison of TYDL and Granger Causality Test”, Asian-African Journal of Economics and Econometrics, Vol.13 (2), pp. 133-143.
Bal, D.P. (2012). Exchange Rate Volatility and Its Effect on Export of India: An Empirical Analysis. Indian Journal of Economics, 92(367), 693, https://scholar.google.com/scholar?cluster=5160519756106663162&hl=en&oi=scholarr
Research In Progress
The impact of Electricity Consumption on Economic Growth in India. (With Sunil Swaroop)
An Economic Analysis of the Crime rate in India (With Matru Prasad)
Indian Stock Market and Covid-19
Editorial Positions and Reviews
Reviewer, Economic Modelling
Reviewer, Energy Policy
Reviewer, Renewable & Sustainable Energy Reviews
Reviewer, Journal of Economic and Administrative Sciences
Reviewer, Emerging Markets Finance and Trade
Reviewer, Utility Policy
Reviewer, Economic Analysis and Policy
Reviewer, Resources Policy
Reviewer, Journal of Financial Economic Policy
Reviewer, Studies in Economics and Finance
Conference Presentations
Analysis of Crude Oil Price based on Hilbert-Huang Transformation Approach. Presented at 53th Annual Conference of The Indian Econometrics Society (TIES), NISER, Bhubaneswar, December 24 to 26, 2016.
Revealing India’s Burden of Public Debt: An Empirical Appraisal from SVAR Approach, Presented at, 8th Doctoral Theses Conference, IBS Hyderabad, April, 2015.
Estimation of Optimum level of Public Debt for India: Evidence from Genetic Algorithm Approach, Presented at Public Economics and Policy conference Organized by National Institute of Public Finance and Policy, New Delhi from 12-13th March 2015.
The Impact of Public Debt on Macroeconomic Performance in India, Presented at IMR conference which was held at IIM Bangalore from 22 and 23 December, 2014.
Does Public Debt causes Burden for India? 51th Annual Conference of The Indian Econometrics Society (TIES), Punjabi University, Patiala, December 12 to 14, 2014.
The Impact of Public Debt on Economic Growth and its Channels: An Evidence from India, The International Journal of Arts & Sciences’ (IJAS) International Conference for Social Sciences and Humanities which was held at the American University of Rome, Via Pietro Roselli 4, 00153 Rome, Italy from 28 to 31 October, 2014.
Do FDI and Public Investment Crowd in or Crowd out Private Domestic Investment in India, 3th International conference on Applied Econometrics, IBS Hyderabad, April, 2013.
Causality between Public Debt and Economic Growth in India, 6th Doctoral Theses Conference, IBS Hyderabad, April, 2013.
A Simulation Study of Non-linear Causality Approach to Crude Oil Price and Exchange rate Dependence in India, 4th International conference on Applied Econometrics, IBS Hyderabad, April, 2014.
The Effects of Public Debt on Capital Formation in India: Evidence from Structural VAR Analysis, 50th Annual Conference of Indian Econometrics Society (TIES), IGIDR, Mumbai, December, 2013.
The Impact of Public Debt on Economic Growth in India, 49th Annual Conference of Indian Econometrics Society (TIES), Dept. of Statistics, Patna University, Patna, Jan. 2013.
Professional Associations and Memberships
Life Member, Indian Economics & Allied Sciences Association, 2019-Onwards.
