Deepankar Basu
Professor
Contact
Location
103 Crotty Hall
EDUCATION
- Ph.D., Economics, Ohio State University, 2008
- M.A., Economics, Ohio State University, 2003
- M.Phil., Economics, Jawaharlal Nehru University, New Delhi, India, 1999
- M.A., Economics, Jawaharlal Nehru University, New Delhi, India, 1997
- B.Tech., Mech Eng., Indian Institute of Technology, Kanpur, India, 1994
PROFESSIONAL EXPERIENCE
- Professor, Department of Economics, University of Massachusetts Amherst, 2022 - present
- Associate Professor, Department of Economics, University of Massachusetts Amherst, 2015-present
- Assistant Professor, Department of Economics, University of Massachusetts Amherst, 2009-2015
- Assistant Professor, Department of Economics, Colorado State University, 2008-2009
RESEARCH INTERESTS
- Classical political economy
- Political economy of development (with a focus on India)
- Applied econometrics
TEACHING
- Introductory Econometrics
- Introduction to Marxist Political Economy
- Intermediate Macroeconomics
- Applied Time Series Econometrics
HONORS AND AWARDS
- G S Maddala Student Prize in Econometrics, Department of Economics, Ohio State University, 2007
SELECTED PUBLICATIONS
- “Frisch-Waugh-Lovell Theorem-type Results for the k-Class and 2SGMM Estimators,” Statistics and Probability Letters, forthcoming.
- “Labor intensification and value production: A rejoinder,” (with Cameron Haas and Thanos Moraitis) Review of Radical Political Economics, forthcoming.
- World Profit Rates, 1960-2019 (with Julio Huato, Jesus Lara Jauregui and Evan Wasner), Review of Political Economy, forthcoming.
- “To Reform and to Procure: An Analysis of the Role of the State and the Market in Indian Agriculture,” (with Kartik Misra) Journal of Development Studies, Volume 60, Issue 5, 2024, Pages 724-744.
- “Intensification of Labor and the Rate and Form of Surplus Value,” (with Cameron Haas and Thanos Moraitis) Review of Radical Political Economics, Volume 56, Issue 1, March 2024, Pages 26–50.
- “Exploitation of Labor or Exploitation of Commodities?” Review of Radical Political Economics, Volume 55, Issue 2, June 2023, Pages 233–250.
- “Technical Change, Constant Rate of Exploitation and the Falling Rate of Profit in Linear Production Economies,” (with Oscar Orellana) Metroeconomica, Volume 74, Issue 3, July 2023, Pages 512–530.
- A Reformulated Version of Marx's Theory of Ground-Rent Shows that there Cannot be any Absolute Rent. Review of Radical Political Economics, Volume 54, Issue 4, December 2022, Pages 542–567.
- The Logic of Capital: An Introduction to Marxist Economics. Cambridge: Cambridge University Press. 2021.
- What to Make of the Kaldor-Verdoorn Law? (with Manya Budhiraja) Cambridge Journal of Economics, Cambridge Journal of Economics, Volume 45, Issue 6, November 2021, Pages 1243-68.
- Majoritarian Politics and Hate Crimes Against Religious Minorities: Evidence from India, 2009–2018, World Development, Volume 146, October 2021, 105540.
- Conflict, Demand and Economic Development: Essays in Honor of Amit Bhaduri (co-edited with Debarshi Das). New Delhi: Routledge. 2021.
- Lockdown Effect on COVID-19 Spread in India: National Data Masking State-Level Trends, (with Maxwell Salvatore, Michael Kleinsasser, Soumik Purkayastha, Rupam Bhattacharya, Debashree Ray and Bhramar Mukherjee) BMJ Open, December 2020, 10 (12) e041778; DOI: 10.1136/bmjopen-2020-041778.
- Profitability or Industrial Relations: What Explains Industrial Performance Across Indian States? (with Anirban Karak), Development and Change, Vol. 51, Issue 3, May 2020, pp. 817–842.
- Bias of OLS Estimators due to Exclusion of Relevant Variables and Inclusion of Irrelevant Variables, Oxford Bulletin of Economics and Statistics, Vol. 82, No. 1, February 2020, pp. 209-234.