Papers by Dr. Soumyatanu Mukherjee
A Nonlinear Analysis of Economic Freedoms and Growth in a Developing Country
Optimal investment decision for industry 4.0 under uncertainties of capability and competence building for managing supply chain risks
International Journal of Production Economics, Dec 31, 2023
Trade, Investment and Economic Development in Asia
Designing socially optimal rates of tax and rebate structures in directing migration of risk-averse suppliers towards sustainable products
International Journal of Production Research, Oct 21, 2022
Optimal Investment Decision for Industry 4.0 Under Uncertainties of Competence and Capability Building for Managing Supply Chain Risk
Social Science Research Network, 2022
American business review, May 1, 2024
1 Hukou is a residency permit introduced by the Chinese government. It predicts not only the loca... more 1 Hukou is a residency permit introduced by the Chinese government. It predicts not only the location of registration and work of everyone residing in China but also access to local public services. Since the structural liberalization policies of the 1980s, people can reside and work outside of their hukou registration place, but the acquisition of local hukou registration and attainment of urban rights and jobs by the internal in-migrants aiming to be located in the urban area are still denied since local governments prioritize the needs of registered urban residents over in-migrants. See Zhang (2010).
To Acquire or to Ally? Managing Partners’ Environmental Risk in International Expansion
Academy of Management Proceedings
A risk–return trade‐off or co‐movement? Are food processing firms risk‐averse?
International Journal of Finance & Economics, Jan 17, 2023
Special economic zones and agriculture: an alternative theorisation
Routledge, May 26, 2016
Optimal Investment Decision for Industry 4.0 Under Uncertainties of Competence and Capability Building for Managing Supply Chain Risk
SSRN Electronic Journal
Export Investment Under Uncertainty: A Meanvariance Decision Analysis for Indian Manufacturing Exporters
Social Science Research Network, Dec 15, 2019
This note shows that in a developing economy, agriculture and Special Economic Zones (SEZ) can gr... more This note shows that in a developing economy, agriculture and Special Economic Zones (SEZ) can grow simultaneously without affecting one another if an appropriate subsidy policy is designed by the government. We consider increasing returns brought about by external economies of scale in the SEZ-led industrial sector with a Dixit-Stiglitz production function where resource used to produce each variety of the SEZ-good is itself produced using constant returns to scale (CRS) technology and CRS is also present in the agricultural sector.
International education is an important, and expanding, global industry. However, much remains un... more International education is an important, and expanding, global industry. However, much remains unknown about the international student recruitment industry, its key variables and its performance outcomes. This study addresses this lack of understanding. The research objectives of this study seek to enhance the current theoretical understanding of performance by initially investigating its relationship with market orientation and learning orientation. Secondly, the study seeks to investigate international student recruitment marketing within educational institutions to determine the relevance of these constructs and to determine the extent to which market orientation, learning orientation and innovativeness influence performance. Thirdly, the study seeks to investigate how the relationship between market orientation, learning orientation and performance differs across educational sectors and international student recruitment (ISR) marketing strategy types. In doing so, prominent stra...
Liberalisation and Structural Change with Rural–Urban Dichotomies: A General Equilibrium Outlook
New Frontiers in Regional Science: Asian Perspectives, 2021
Annals of Operations Research
Supply chains are customarily associated with multiple interconnected risks originated from suppl... more Supply chains are customarily associated with multiple interconnected risks originated from supply side, demand side, or from the unanticipated background uncertainties faced by a firm. Also, effective functioning of supply chain hinges on sourcing decisions of inputs (raw materials). Therefore, there is a striking need to analyse the risk preference of the decision maker while going for optimal sourcing decision under varying degree of interconnected supply chain risks. This study addresses this issue by analysing the comparative static effects under interconnected supply chain risks for a risk averse decision-maker, manufacturing and selling products in a regulated market under perfect competition. The decision-maker faces not only supply-side risk (due to random input material prices) but also interconnected risks arising out of background risk (setup costs risk) and demand-side risk (output prices risk). With preferences defined over the mean and standard deviation of the uncert...
This paper analyses, for the first time, trade responsiveness of the international firms (under n... more This paper analyses, for the first time, trade responsiveness of the international firms (under nohedging possibilities) linked to both domestic and foreign markets simultaneously, with respect to the random fluctuations in foreign (spot) exchange rates. Uncertainties in the spot exchange rates impart production decisions of the firm. In sum, the firm’s elasticity of risk aversion with respect to the standard deviation (or the mean) of the firm’s end-period random profit determines the direction of the impact of exchange rate volatility on trade. The analytical model is quantitatively extended, using data from Indian service sector (non-financial) firms over 2004-2015, to empirically estimate the risk-aversion elasticities owing to the exchange rate shocks, for the first time.
In this companion paper to Broll and Mukherjee (2017), we empirically analyse how exchange rate v... more In this companion paper to Broll and Mukherjee (2017), we empirically analyse how exchange rate volatilities affect firms optimal production and exporting decisions. The firms elasticity of risk aversion determines the direction of the impact of exchange rate risk on exports. Based on a flexible utility function that incorporates all possible risk preferences, a unique structurally estimable equation is used to estimate the risk aversion elasticities for a panel of Indian service sector (non-financial) firms over 2004-2015, using the quantile regression method.
Corruption And Real Wages In General Equilibrium Trade Models
The present paper explores the impact of corruption on the real wage of informal sector workers i... more The present paper explores the impact of corruption on the real wage of informal sector workers in a general equilibrium model of production and trade. The proposed general equilibrium model is a two-sector two-factor framework that models segmented labor market. There is a handful of literature examining the real wages on labor in a segmented labor market framework. This paper has been the first attempt to investigate that gap, the real wages in asegmented labor market with the existence of corruption and a unionized sector. We have come up with the striking finding that a reduction in the degree of corruption may benefit workers in the informal sector if the formal sector is relatively capital intensive in a value sense.
Optimal portfolio choices to split orders during supply disruptions: An application of sport's principle for routine sourcing
Decision Sciences, 2021
This paper, using a three-sector full employment general equilibrium model with segmented domesti... more This paper, using a three-sector full employment general equilibrium model with segmented domestic factor markets, shows that policy of import restriction using tariffs can be beneficial for a small, open developing economy compared to the policy of import liberalisation, opposite to the conventional results. Also inflows of foreign-owned capital to an export sector within the export processing zone (EPZ) of the economy coupled with labour-augmenting type technology transfer can lead to welfare amelioration, even without the existence of segmentation in labour market. So these seemingly counterintuitive theoretical results support recent empirical findings suggesting that trade restrictions can promote growth and attract FDI for the developing countries, even when foreign capital enters one specific export sector of the economy
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Papers by Dr. Soumyatanu Mukherjee