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Sushobhan Mahata

Ph.D., University of Calcutta, Kolkata
Assistant Professor, School of Arts, Humanities and Social Sciences

Sushobhan Mahata

Ph.D., University of Calcutta, Kolkata
sushobhan.m@chanakyauniversity.edu.in
Microeconomic Modeling, General Equilibrium, Household Modeling, Social Economics, Economics of Discrimination, Economics of Crime and Corruption, Applied Game Theoretic Modeling.

My research quest is anchored in the development of rigorous, multi-sector general equilibrium models and applied game-theoretic frameworks to decode the complex interplays defining developing economies. The primary focus of this academic pursuit lies at the critical intersection of international trade, structural labor market transitions, social economics and institutional imperfections. Simultaneously, the research tackles the political economy of governance, modeling the strategic nexus of crime, political cronyism, and financial corruption. By examining how trade liberalization interacts with banking bribery or how technology-driven shifts alter occupational hierarchies, this work builds an analytical toolkit for welfare-maximizing public policy.

Dr. Sushobhan Mahata is a dedicated mathematical economist specializing in Microeconomic Modeling and General Equilibrium and Applied Game Theoretical Modeling. He currently serves as an Assistant Professor at Chanakya University, while concurrently as an Honorary Research Scientist and In-Charge of the Quality Research Support System (QRSS) at the School for Training and Analytical Research in Economics, Business and Society (STAREBS), India.

Dr. Mahata completed his Ph.D. in Economics from the University of Calcutta, where his doctoral research investigated the Political economy of Globalization and Development. His academic background is deeply rooted in rigorous theoretical training, having achieved First Class Honors during both his B.Sc. at Scottish Church College (where he ranked first in his college) and his M.Sc. in Economics at the University of Calcutta.

A key highlight of his research profile is his extensive network of collaborations with distinguished, leading economists globally. He actively works alongside prominent domestic scholars such as Prof. Sugata Marjit (Director of STAREBS, Former Vice Chancellor of the University of Calcutta, and Visiting Professor at Hong Kong Polytechnic University) and Prof. Krishnendu Ghosh Dastidar (Professor at Jawaharlal Nehru University), while also maintaining strong international research collaborations with co-authors at the University of Queensland (Australia) and Utah State University (USA). Driven by a strong commitment to academic excellence, Dr. Mahata also serves as a peer reviewer for prominent international journals, including the Review of Development Economics, International Review of Economics and Finance, Foreign Trade Review, Arthaniti and others.

  • Ph.D., Economics
    University of Calcutta, Kolkata, India
    Thesis: Some Aspects of Political Economy of Globalization and Development: Theory and Policy
  • UGC Senior Research Fellow
    University Grants Commission, New Delhi
  • UGC Junior Research Fellow
    University Grants Commission, New Delhi
  • M.Sc., Economics, First Class
    University of Calcutta, Kolkata, India
    Thesis: Socio-Economic Reforms and Gender-Based Wage Inequality in a Developing Economy
  • B.Sc.(Honors), Economics, First Class, First Rank in College
    Scottish Church College, Kolkata, India
    Papers: Economics (Honors), Mathematics and Statistics

Peer-Reviewed SCOPUS Indexed Journal Publications

  1. Mahata, S., Khan, R. K., and Nag, R. N. Tourism sector recession and endogenous policy response of the central bank, of which price puzzle may be one consequence. Tourism Economics [Online First] (2025). [ABDC A/Scopus Q1/Web of Science] Available at [Sage Link]
  2. Marjit, S., Gupta, K., Nag, R. N., Mahata, S., and Basak, S. Transcending boundaries: Navigating structural shifts and labor market transitions through global value chains. Review of Development Economics [Online First] (2025). [ABDC A/ Scopus-Scimago Q1/ Web of Science/ CiteScore 3.8] Available at [Wiley Link]
  3. Mahata, S., Mandal, S., Khan, R. K., and Chaudhuri, S. Social transition, economic development and gender-based wage disparity in a developing economy. Journal of Social and Economic Development 25, 2 (2023), 293–312. [Scopus Q2/ABDC] Available at [Springer Link]
  4. Khan, R. K., Mahata, S., and Nag, R. N. Pandemic crisis, contact intensity and gender disparity in a developing economy. Economic Papers 42, 1 (2023), 30–53. [ABDC B/Scopus] Available at [Wiley Link]
  5. Mahata, S., Khan, R. K., Nag, R. N., and Sen, S. Trade liberalization, wilful credit defaults and bank bribery in a credit-constrained economy. Review of Development Economics 27, 4 (2023), 2183–2213. [ABDC A/ Scopus-Scimago Q1/ Web of Science], Available at [Wiley
    Link]
  6. Mahata, S., Khan, R. K., and Mandal, S. Dowry and female education. The Pakistan Development Review 62, 1 (2023), 41–60. Available at [JSTOR Link] 7. Mahata, S., Khan, R. K., Chaudhuri, S., and Nag, R. N. Covid-19 lockdown, family migration and unemployment in a gendered society. Research in Economics 76, 3 (2022), 218– 236. [ABDC B/Scopus] Available at [Elsevier Link]
  7. Chaudhuri, S., Mahata, S., and Chaudhuri, S. Covid-19 disaster and employment generation program in a developing economy. Journal of Social and Economic Development 24, 1 (2022), 46–64. [Scopus Q2/ ABDC] Available at [Springer Link]
  8. Khan, R. K., Mahata, S., and Nag, R. N. Capital and crime–corruption nexus in the shadow of the law: A theoretical analysis of public policy. Public Finance Review (2022), 10911421221127098. [ABDC B/ Scopus] Available at [Sage California Link]
  9. Chaudhuri, S., Dastidar, K. G., and Mahata, S. Cronyism and corruption in india: A game theoretic analysis. Managerial and Decision Economics 43, 6 (2022), 2607–2618. [Scopus Q2/ ABDC B] Available at [Wiley Link]
  10. Mahata, S., Sengupta, J., and Nag, R. N. Child labour and trade-related price policies in a developing economy: A trade-theoretical analysis. The Indian Journal of Labour Economics 64, 3 (2021), 685–704. [Scopus/ABDC C] Available at [Springer Link]
  11.  Mahata, S., Khan, R. K., and Nag, R. N. Economic recession, informal sector and skilled–unskilled wage disparity in a developing economy: A trade-theoretical  analysis. Foreign Trade Review 55, 2 (2020), 168–188. [ABDC B/ Scopus Q2] Available at [Sage Link]
  12. Mahata, S., and Nag, R. N. Credit subsidy policy and the moral hazard of loan waivers in the non-traded agriculture sector in presence of credit market dualism: A three-sector general equilibrium model. Economic Affairs 64, 1 (2019), 157–171. Available at [Economic Affairs
    Link]
  13. Mahata, S., and Nag, R. N. Globalization, agro-based industry and unemployment: A three-sector general equilibrium model. Economic Affairs 63, 4 (2018), 805–814. Available at [Economic Affairs Link]

Book Chapters

  1. Mahata, Sushobhan, Mukherjee, S., and Saha, R. K. Examining the role of global value chains in sustainable development: Income inequality, decent work, and vanishing sector. In Globalization, Social Dividend, and Sustainable Development Goals: Shaping a Fairer Future, T. Chatterjee, N. Chatterjee, G. T. Teame, and R. Mukherjee, Eds. Emerald Publishing Limited, 02 2026. Available at [Emerald Link]
  2. Khan, R. K., and Mahata, S. Multinational corporations and financial fueling of terrorism in the shadow of globalisation. In International Trade, Resource Mobility and Adjustments in a Changing World: Essays in Memory of Ronald W. Jones, Marjit, Sugata and Mandal, Biswajit, Eds. Springer, 2024. Available at [Springer Link]
  3. Mahata, S., Khan, R. K., Nag, R. N., Mandal, S., and Chaudhuri, S. Crime, corruption and capital: A general equilibrium analysis in the presence of political cronyism. In International trade, economic development and national welfare. Routledge India, 2023, pp. 80– 104. Available at [Taylor and Francis (Routledge) Link]
  4. Nag, R. N., and Mahata, S. Transforming our world together towards sustainable development. In Transforming Our World Together towards Sustainable Development. Cambridge Scholar, UK, 2023, p. 224. Available at [Cambridge Scholar Link] [Google Books Chapter Link]
  5. Das, A., and Mahata, S. A comparative analysis of public aid to innovation vs industryspecific skill development: Human capital, brain drains and income distribution. In Role of Industry Academia Interface in Skill Development: Internalising Education Policies. Routledge, 2024, p. 224. Available at [Routledge Link]
  6. Mahata, S., Khan, R. K., and Nag, R. Labour market transformations in the era of the fourth industrial revolution: A comparative analysis of general-purpose technology (gpt) vs specific-purpose technology (spt). In Role of Industry Academia Interface in Skill Development: Internalising Education Policies. Routledge, 2024, p. 224. Available at [Routledge Link]
  7. Mahata, S., Khan, R., Mandal, S., and Bose, A. Foreign capital inflow, product market imperfection, and the informal sector: A general equilibrium analysis. In Informal Economy and Sustainable Development Goals: Ideas, Interventions and Challenges. Emerald Publishing Limited, 2024, pp. 127–154. Available at [Emerald Link]

  • 2025 Visva Bharati University International Conference, Best Paper Award.
  • 2024 Indian Institute of Technology, Guwahati Best Paper Award.
  • 2020 UGC Junior Research Fellowship.
  • 2018 EconVisva UGC-SAP DRS II Sponsored three Best Paper Awards.
  • 2017 Certificate of Merit by the Scottish Church College for First Rank in B.Sc (Honors)
  • Course.
  • 2017 Kelloe Certificate of Merit and Cash Prize by the Scottish Church College.
  • 2017 Adhar Chandra Mukherjee Certificate by the Scottish Church College, Kolkata.
  • 2017 Ishitri Banerjee Memorial Prize by the Scottish Church College, Kolkata.
  • 2015-2018 Young Economists Meet Best Paper Certificate Awarded by the Jadavpur University,
  • Kolkata, India for three consecutive years.
  • 2017 Moni Moulik Cash Prize by the Scottish Church College.
  • 2014 Rabindra Memorial Prize Awarded by the Asansol-Durgapur Police Commission,
  • West Bengal for securing above 90% marks in CBSE AISSSCE 2014 Exam.
  • 2014 Recipient of the AISSSCE (2014) awarded by the D.A.V. Public School, Rupanarainpur,
  • West Bengal for securing 95% marks in CBSE AISSSCE 2014 Exam
  • Invited Talks Delivered
  • 1. Adamas University, Kolkata. Media Under Siege in the Shadow of Democracy. 2022.
  • 2. University of Calcutta, Kolkata. Talk in the Memory of Prof. Sarbajit Chaudhuri. 2022..
  • Acted as Reviewer in International Peer Reviewed Journals
  • Review of Development Economics (Wiley).
  • International Review of Economics and Finance (Elsevier)
  • Foreign Trade Review (Sage).
  • Eurasian Economic Review (Springer)
  • Journal of Quantitative Economics (Springer).
  • Humanities and social sciences communications (Springer).
  • Cogent Social Sciences (Taylor and Francis).
  • Arthaniti: Journal of Economics Theory and Practice (SAGE).
  • Journal of Public Affairs (Wiley).
  • South Asian Journal of Social Studies and Economics.
  • Frontiers in Political Science
  • Discussant for technical paper at YSW, Visva Bharati University, Shantiniketan, India.

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