Sex: Male 

Date of Birth: August 15, 1944 

Marital Status: Married 

Nationality: Indian 

Permanent Address: On request

e-mail: d.dasgupta@gmail.com 

Degrees:

B.A. (Economics), University of Calcutta, 1963

M.A. (Economics), University of Calcutta, 1965

M.A. (Economics), University of Rochester (USA), 1970

Ph.D. (Economics), University of Rochester (USA), 1972 

Dissertation:

Title: On Optimal Economic Growth

Supervisors:  J.W. Friedman & L.W. McKenzie 

Positions Held:

Assistant Lecturer, Department of Economics, University of Rochester, USA, 1969–71

Assistant Professor, Department of Economics, York University, Canada, 1971–72

Associate Professor, Indian Statistical Institute, Delhi & Calcutta, 1972– 82

Professor, Indian Statistical Institute, Delhi & Calcutta, from 1982 to 2006. Retired in August, 2006.

Professor, Department of Economics, Otaru University of Commerce, Otaru, Japan, (September 1, 1990—August 31, 1992. On leave from Indian Statistical Institute.)

Professor, Faculty of Economics, Hokkaido University, Sapporo, Japan, 1998 (January 1, 1998—December 31, 1998. On leave from Indian Statistical Institute.)

Visiting Foreign Scholar, Institute of Social and Economic Research, Osaka University, Osaka, Japan (October 1, 2000 –March 31, 2001.On leave from Indian Statistical Institute.)

Visiting Professor, Research Institute for Economics and Business Management, Kobe University, Japan (September, 2004 —December, 2004. On leave from Indian Statistical Institute.)

Visiting Scholar, City University of Hong Kong, (July 23, 2006 — July 30, 2006. On leave from Indian Statistical Institute.)

Visiting Professor, City University of Hong Kong, (April 14, 2007 — May 12, 2007.)

Honorary Visiting Scholar at the Centre for Studies in Social Sciences, Calcutta, September, 2006 — September, 2007 .

Guest Lecturer at Department of Economics, Presidency College, Kolkata, September, 2006 — September, 2007.

Adjunct Professor of Economics, Indian Institute of Technology, Kharagpur, January, 2010 — May, 2010. 

Teaching Interests:

Microeconomic Theory

International Trade Theory

Public Economics

General Equilibrium Theory

Macroeconomic Theory

Growth Theory

Dynamic Optimization Theory 

Current Research Interest:

Macroeconomics

Endogenous Growth Theory

Public Economics 

Publications (Articles): 

I Growth Theory

Published:

On Generalized Consistency in a One Sector Model of Economic Growth, Sankhya, 1972

Catenary Turnpikes and Rolling Plans: Synthesis and Extensions, Indian Economic Journal, 1978

Growth vs Welfare in a Model of Nonrival Infrastructure, Journal of Development Economics, 1999

New Growth Theory: A Supply_Demand View in Contemporary Macroeconomics, ed. By Amitava Bose et al, Oxford University Press, 2001

Lindahl Prices, Nonrival Infrastructure and Endogenous Growth, Journal of Public Economic Theory, 2001

Government Spending in a Model of Endogenous Growth with Private and Public Capital, India Macroeconomics Annual, 2003-04

Government Taxation and Economic Growth for Models with Private and Public Inputs, in Trade, Finance and Development, ed. by Ajitava Raychaudhuri et al, Deep and Deep Publishers, New Delhi, 2004

Notes on  Optimal Control Theory for the Neoclassical Model of Growth, in Economic Theory and Public Policy, ed. by Sajal Lahiri et al, Oxford University Press, 2005

Public Infrastructure and Sustainable Growth in a Small Open Economy with and without Foreign Direct Investment, Arthabeekshan, 2004

Public Infrastructure, Employment and Sustainable Growth in a Small Open Economy With and Without Foreign Direct Investment, Journal of International Trade and Economic Development, Vol. 15, No. 3 , September, 2006 (with Koji Shimomura).

On the Relationship between the Number of Firms and the Endogenous Growth Rate for a Model with Public Infrastructure, Contemporary Issues and Ideas in Social Sciences, September, 2006 (with Subrata Guha and Koji Shimomura).

Growth and Development with Income and Wealth Distribution, in Mathematical Models in Economics, in Encyclopedia of Life Support Systems (EOLSS), edited by Wei-Bin Zhang, Developed under the Auspices of the UNESCO, Eolss Publishers, Oxford, UK, [http://www.eolss.net] , 2006

Fixed Coefficients, Harrod, Domar and the AK models of Growth: Some Common Misconceptions Explored, Indian Growth and Development Review, Vol. 1, No. 1, 2008. 

Unpublished Articles:

Long-run Growth, Environment and Welfare, ISI (Delhi Centre) Discussion Paper No. 96-06 (Revised June 1999) (with Satya P. Das)

Distributive Politics and Choice in a Two Sector Model of Economic Growth, ISI (Delhi Centre) Discussion Paper No. 97-01 (with Debajyoti Chakrabarty)

Endogenous Growth with Accumulable Infrastructure: The Case of Free Infrastructural Services, June 1999, Indian Statistical Institute, Delhi Centre (with Kaniska Dam)

Consumption, Quality of Life and Growth, Discussion Paper  ERU/2002-12 (with Sugata Marjit), Revised June 2003. 

II General Equilibrium Theory

Published:

Arrow and Hahn on General Equilibrium: Some Reactions,  Sankhya, 1972 (with Anjan Mukherji)

Temporary Competitive Equilibrium in a Monetary Economy with Uncertain Technology and Many Planning Periods,  Journal of Mathematical Economics, 1978 (with V.K. Chetty)

Efficiency of Temporary Equilibria,  Journal of Mathematical Economics, 1980 (with V.K. Chetty)

Choice under Disequilibrium: A Diagrammatic Approach,  Journal of Quantitative Economics, 1994 (with Meenakshi Rajeev)

A Note on Feasibility Criteria in Monetary Trade, Japanese Economic Review, 1997 (with Meenakshi Rajeev) 

Unpublished Articles:

Is Trading under the Social Institution of Markets Always Desirable? 1995 (with Meenakshi Rajeev) 

III Input-output Theory

Published:

A Note on Johansen’s Non-substitution Theorem and Malinvaud’s Decentralization Procedure,  Journal of Economic Theory, 1974

The Hawkins-Simon Theorem: An Input-Output Analytic Approach, Indian Economic Review, 1984

Using the Correct Economic Interpretation to Prove the Hawkins-Simon-Nikaido

Theorem: One More Note,  Journal of Macroeconomics, 1992

The Non-substitution Theorem with Joint Production, International Review of Economics and Business, 1992 (with Tapen Sinha)

Viability and Other Results for an Extended Input-Output System, Keio Economic Studies, 1992

Hawkins-Simon no  joken ni kan suru shosetsu no togo ni tsuite, shogaku tokyu, 1993 (Japanese) 

IV Macroeconomics

Published:

Procurement Price, Market Price, Employment and Effective Demand, in  Studies the Macroeconomics of Developing Countries, edited by M.K. Rakshit, Oxford, 1989

Reflections on Administered Prices, in Economic Theory and Policy, edited by Bhaskar Dutta et al, Oxford, 1990

On the Influence of High Wages on the Rate of Private Investment: The Keynesian

Story, in  Essays in Economic Analysis and Policy, edited by Dipak Banerjee, 1991

Administered Prices and Deficit Financing: A Macro View, in  Development Policy and Economic Theory, edited by Kaushik Basu and Pulin Nayak, Oxford, 1992

Macroeconomics of Price Control, in Theoretical Issues in Development Economics, edited by Bhaskar Dutta et al, Oxford, 1993

Macroeconomics – A Historical Perspective, in Fundamentals of Economics, in Encyclopedia of Life Support Systems (EOLSS), edited by Mukul Majumdar, Developed under the Auspices of the UNESCO, Eolss Publishers, Oxford ,UK, [http://www.eolss.net] , 2002 

Unpublished Article:

The Analytics of Effective Demand: General Theory and its Modern Exponents, ISI (Calcutta) Technical Report No. ERU/6/85, 1985 

 V Public Economics

Published

Comparative Statics for the Private Provision of Public Goods in a Conjectural Variations Model with Heterogeneous Agents, Public Finance, 1992 (with Jun-ichi Itaya)

Dynamics, Consistent Conjectures and Heterogeneous Agents in the Private Provision of Public Goods, Public Finance, 1995 (with Jun-ichi Itaya)

Voluntary Contribution to Public Goods: A Parable of Bad Samaritans, in  Issues in Economic Theory and Public Policy, edited by Amitava Bose et al, Oxford, 1997 

Voluntary Contribution to Public Goods: A Note on Consistent Conjectures and Other Equilibria, Economic Journal of Hokkaido University, 1999 

 vi Empirical Investigation

Growth and Inter-State Disparities in India: Statistical Analysis, Economic and Political Weekly, July 2000 (with Pradip Maiti, Robin Mukherjee, Subrata Sarkar and Subhendu Chakrabarti) 

Publications (Books):

I The Macroeconomy: A Textbook View, Oxford University Press, New Delhi, 1997 

II Growth Theory: Solow and his Modern Exponents, Oxford University Press, New Delhi, 2005 

III Modern Growth Theory, Oxford University Press, New Delhi, 2010

Ph.D supervision:

Meenakshi Rajeev: “Walrasian Theory without an Auctioneer: A Study of Monetary Exchange Through Trading Posts and a Diagrammatic View of Disequilibria”.

Candidate was awarded a Ph.D degree by the Indian Statistical Institute in 1994

Project Work:

1. The Nature of Price Movements in India, 1964–84

2. Pattern of India’s Foreign Trade during 1970-71 to 1983-84

3. Interregional Disparities and Growth in India, December 1997

Refereeing:

Econometrica

International Economic Review

Sankhya

Journal of Public Economics

Journal of Quantitative Economics

Journal of Development Economics

Editorial Work:

Coeditor, Sankhya , Series B (1985–89)

Associate Editor, Journal of Quantitative Economics (1990–1994)

Associate Editor, Japanese Economic Review (2005 —2007)

Member, Board of Editors, Contemporary Issues and Ideas in Social Sciences (2004 —)

Special Qualification:

Familiarity with the Japanese language

Administrative Experience 

Head, Delhi Centre, Indian Statistical Institute, July, 1997 — December, 1997 and January 1999 — July, 2000.

Acting Director, Indian Statistical Institute, three stretches each of 2 –3 months duration during 2003 — 2004.

References:

1. Ronald W. Jones

Xerox Professor

Department of Economics

University of Rochester

Rochester, NY 14627, USA

email: jonr@troi.cc.rochester.edu

2. James W. Friedman

Kenan Professor Emeritus

Department of Economics 

University of North Carolina

Chapel Hill, NC 27599-3305, USA

email: Jim_Friedman@unc.edu