abhisek sur

Prof. (Dr.) Abhisek Sur

Assistant Professor

B.Sc. (Hons.); M.Sc. (University of Calcutta);

MBA (ICFAI Business School, Kolkata);

FPM (IIM Ranchi)

Prof. (Dr.) Abhisek has a FPM 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 (all classified under ABDC: B category). Besides publishing in academic journals, he has presented in various national and international conferences and published op-eds in reputed Indian business dailies like Mint, Financial Express, and The Hindu Business Line.


Abhisek’s research interests are primarily in the areas of Open Economy Macroeconomics, and economic policy, with reference to India and other Emerging Market Economies (EMEs). He finds it fascinating to investigate topics concerning capital flows and other issues related to capital account management. He is particularly interested in the empirical analysis of the impact, influence, and consequences of the various types of capital flows, like External Commercial Borrowings (ECB), Foreign Direct Investment (FDI), and Foreign Portfolio Investment (FPI), both on the economy and firms, and the implications arising thereof. Besides, he is also interested in issues relating to the Indian Financial Sector, and a comparative perspective on liberalization and its impact on goods, capital, and labour flows.


  • “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: https://doi.org/10.1016/j.asieco.2019.02.004.


  • “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)


  • “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: https://doi.org/10.1080/23322039.2018.1460026


  • “Persistent fiscal deficits and political-economy transitions in India: An empirical investigation”, (Forthcoming, accepted for publication in Economic and Political Weekly | ABDC 2016: B) (with Amarendu Nandy and Santanu Kundu).



  • 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)



  • ‘The inheritance tax is an idea whose time has come’ (2019), Mint, July 4. (with Amarendu Nandy)


  • “Farm loan waivers: Competitive populism among political parties for votes serves none” (2019), Financial Express, January 12. (With Amarendu Nandy).


  • “Corporate income tax: a slippery slope” (2018), Mint, February 6. (With Amarendu Nandy).


  • ‘Railways flexi-fare policy rests on naïve and unclear assumptions’ (2016), Mint, October 22. (with Amarendu Nandy)


  • ‘India’s shaky sovereign wealth fund’ (2015), The Hindu Business Line, October 7. (with Amarendu Nandy)


  • ‘Dynamics of Stock Trading in India’ (2007), Portfolio Organizer (ICFAI PRESS), July. (with Jayanta Kumar Seal)


  • ‘Carbon Trading- An Overview’ (2008), Portfolio Organizer (ICFAI PRESS), February. (with Jayanta Kumar Seal).



  • “Corporate leverage, vulnerability, and implications for Bank stability: Firm level evidence from India”, to be presented at IISES International Academic Conference, London, Organized by International Institute of Social and Economic Sciences and hosted by University of London, May 21-24, 2019.


  • “Technical Efficiency and Spillover Effects of Foreign Direct Investment: A Firm Level Study of the Firms in the Indian Automobile Sector”, presented at the 5th International Conference on Empirical Issues in International Trade and Finance, Indian Institute of Foreign Trade, Kolkata, December 16-18, 2016.


  • “Technical Efficiency and Spillover Effects of Foreign Direct Investment: Evidence from the Indian Automobile Sector”, presented at the 38th International Business Research Conference, Sydney: Australia, November 3-5, 2016.