Deepankar Basu

Professional Experience: 

• 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: 

• The Logic of Capital: An Introduction to Marxist Economics. Cambridge: Cambridge University Press. Forthcoming.
• What to Make of the Kaldor-Verdoorn Law? (with Manya Budhiraja) Cambridge Journal of Economics, forthcoming.
• Majoritarian Politics and Hate Crimes Against Religious Minorities: Evidence from India, 2009–2018, World Development, forthcoming.
• 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.
• Stagnation and Institutional Structures, (with David M. Kotz), Review of Radical Political Economics, Vol. 51, No. 1, March 2019, pp. 5-30.
• Profitability in India’s Organized Manufacturing Sector: The Role of Technology, Distribution and Demand, (with Debarshi Das), Cambridge Journal of Economics, Vol. 42, No. 1, 2018, pp. 137–153.
• Quantitative Empirical Research in Marxist Political Economy: A Selective Review, Journal of Economic Surveys, Vol. 31, Issue 5, December 2017, pp. 1359–1386.
• The Effect of Public Health Expenditure on Infant Mortality: Evidence from a Panel of Indian States, 1983-84 to 2011-12, (with Andrew J. Barenberg and Ceren Soylu), Journal of Development Studies, Vol. 53, Issue 10, 2017, pp. 1765-1784.
• Profitability and Investment: Evidence from India’s Organized Manufacturing Sector, (with Debarshi Das), Metroeconomica, Vol. 68, Issue 1, February 2017. pp. 47-90.
• Farmer Suicides in India: Trends across Major States, 1995-2011, (with Debarshi Das and Kartik Misra), Economic and Political Weekly, Vol. 51, No. 21, May 21, 2016, pp. 61-65.
• Social Hierarchies and the Public Distribution of Food in Rural India, (with Debarshi Das), Journal of Development Studies, Vol. 51, No. 12, November 2015, pp. 1653-1666.
• Nonfood Expenditure and Consumption Inequality in India, (with Amit Basole), Economic and Political Weekly, Vol. 50, No. 36, September 5, 2015, pp. 43-53.
• Fuelling Calorie Intake Decline: Household Level Evidence from Rural India, (with Amit Basole), World Development, Vol. 68, April 2015, pp. 82-95.
• Comparative Growth Dynamics in a Discrete-time Marxian Circuit of Model, Review of Radical Political Economics, Vol. 46, No. 2, June 2014, pp. 162–183.
• Dynamics of Output and Employment in the U.S. Economy, (with Duncan Foley), Cambridge Journal of Economics, Vol. 37, No. 5, September 2013, pp.1077–1106.
• Technology, Distribution and the Rate of Profit in the U.S. Economy: Understanding the Current Crisis, (with Ramaa Vasudevan), Cambridge Journal of Economics, Vol. 37, No. 1, January 2013, pp.57–89.

people.umass.edu/dbasu