Sajal Ghosh

Sajal Ghosh is currently working as an Assistant Professor in Economics, Management Development Institute (MDI), Gurgaon, India. He has done Ph.D in Engineering, M. Tech in Energy Science and Technology and M. Phil in Development Studies. His industry experience spans for six years. He is a member of International Association for Energy Economics, USA and ex-member of World Energy Council’s International Study Group on ‘Energy Market Reforms’. His areas of interests are Applied Econometrics & Time Series Analysis, Energy Modeling, Energy Economics and Cleaner Technologies. He publishes 35 research articles in the international journal of reputes with high impact factors.

Education

M. Tech (JU), M. Phil (IGIDR), Ph. D (JU)

Areas of Interest: Energy Economics, Applied Time Series Modelling & Forecasting, Clean Energy Transitions & Green Finance

Honors and Awards:

• Figured among the top 2% researchers in a global list compiled by the Stanford University based on a peer-reviewed study
• Numerous publications, many of them are single authored, in reputed international journals
• More than 4000 citations
• Editor, Vision – The Journal of Business Perspective, SAGE (2012 – 2015; 2020 – till date)
• Review Papers for reputed journals with high impact factors
• In a research article “Research productivity in management schools of India during 1968-2015: A directional benefit-of-doubt model analysis” published in OMEGA (ELSEVIER), Sajal Ghosh ranked 4th in top 5% productive researchers in management domains for the period 2004-05 to 2014-15 and ranked 2nd among top 10 experts in Economics
• Member, Association for Energy Economics
• Ex-Member of World Energy Council’s International Study Group on Energy Market Reforms.

Teaching

Microeconomics, Applied Time Series, International Oil & Gas Markets and Geopolitics, Energy Policies for Sustainable Development, Advance Policy Modelling

Publications:

• Mishra B., Ghosh S., Kanjilal K. Strategizing Export Promotion in Indian Telecom Sector: Empirical Evidence using time and frequency analysis. (2022) Macroeconomics and Finance in Emerging Market Economics ROUTLEDGE DOI: https://doi.org/10.1080/17520843.2022.2050091
• Singh VK., Ghosh S. Financial inclusion and economic growth in India amid demonetization: A case study based on panel cointegration and causality. (2021) Economic Analysis and Policy (ELSEVIER) DOI: https://doi.org/10.1016/j.eap.2021.07.005
• Bouri E., Kanjilal K., Ghosh S., Roubaud D., Saeed T. Rare earth and allied sectors in stock markets: extreme dependence of return and volatility. (2021) Applied Economics (Taylor & Francis) DOI: 10.1080/00036846.2021.1927971
• Song Y., Bouri E., Ghosh S., Kanjilal K. Rare earth and financial markets: Dynamics of return and volatility connectedness around the COVID-19 outbreak. (2021) Resources Policy ELSEVIER DOI: https://doi.org/10.1016/j.resourpol.2021.102379
• Yahya M., Kanjilal K., Dutta A., Uddin GS., Ghosh S. Can clean energy stock price rule oil price? New evidences from a regime-switching model at first and second moments. (2021) Energy Economics (ELSEVIER) DOI: https://doi.org/10.1016/j.eneco.2021.105116
• Abosedra S., Fakih A., Ghosh S., Kanjilal K. Financial development and business cycle volatility nexus in the UAE: (2021) Evidence from non?linear regime?shift and asymmetric tests. International Journal of Finance & Economics (Wiley) DOI: https://doi.org/10.1002/ijfe.2560
• Ghosh S., Kanjilal K. Non-fossil fuel energy usage and economic growth in India: a study on non-linear cointegration, asymmetry and causality. (2020) Journal of Cleaner Production ELSEVIER DOI: https://doi.org/10.1016/j.jclepro.2020.123032
• Prakash V., Ghosh S., Kanjilal K. Costs of avoided carbon emission from thermal and renewable sources of power in India and policy implications. (2020) Energy ELSEVIER DOI: https://doi.org/10.1016/j.energy.2020.117522
• Mishra B., Ghosh S., Kanjilal K. Evaluation of import substitution strategy in Indian telecom sector: Empirical evidence of non-linear dynamics. (2020) Telecommunications Policy ELSEVIER, Vol 44(7) DOI: https://doi.org/10.1016/j.telpol.2020.101998
• Yahya Y., Ghosh S., Kanjilal K., A Dutta A., Uddin GS. Evaluation of cross-quantile dependence and causality between non-ferrous metals and clean energy indexes. (2020) Energy ELSEVIER DOI: https://doi.org/10.1016/j.energy.2020.117777
• Kanjilal K., Ghosh S. Asymmetric and regime switching behaviour of GDP and energy nexus in India: new evidences. (2020) Macroeconomics and Finance in Emerging Market Economies ROUTLEDGE DOI: https://doi.org/10.1080/17520843.2020.1751670
• Kanjilal K., Ghosh S. Revisiting income and price elasticity of gasoline demand in India: New evidence from cointegration tests. (2018) Empirical Economics SPRINGER DOI 1007/s00181-017-1334-2
• Kanjilal K., Ghosh S. Dynamics of crude oil and gold price post 2008 global financial crisis–New evidence from threshold vector error-correction model. (2017) Resources Policy ELSEVIER 52: 358-365
• Hairat MK., Ghosh S. 100 GW solar power in India by 2022 - A critical review. (2017) Renewable and Sustainable Energy Reviews ELSEVIER 73: 1041-1050.
  
• Singhal S., Ghosh S. Returns and volatility linkages between international crude oil price, metal and other stock indices in India: Evidence from VAR-DCC-GARCH models. (2016) Resources Policy ELSEVIER 50: 276-288.
• Sharma SK., Ghosh S. Short-term wind speed forecasting: Application of linear and non-linear time series models. (2016) International Journal of Green Energy Taylor & Francis 13(14): 1490-1500.
• Bondia R., Ghosh S., Kanjilal K. International crude oil prices and the stock prices of clean energy and technology companies: Evidence from non-linear cointegration tests with unknown structural breaks. (2016) ENERGY-The International Journal ELSEVIER 101; 558-565.
• Jain A., Biswal PC., & Ghosh S. Volatility–volume causality across single stock spot–futures markets in India. (2016) Applied Economics, ROUTLEDGE DOI: 10.1080/00036846.2015.1136401
• Ghosh S., Kanjilal K. Co-movement of international crude oil price and Indian stock market: Evidences from nonlinear cointegration tests. (2016) Energy Economics ELSEVIER, 53: 111-117.
• Kapoor N., Ghosh S. Long-term association between European and Indian markets on carbon credit price. (2016) Renewable and Sustainable Energy Reviews ELSEVIER, 38: 656-662.
• Kanjilal K., Ghosh S. Income and price elasticity of gold import demand in India: Empirical evidence from threshold and ARDL bounds test cointegration. (2014) Resources Policy ELSEVIER, 41: 135-142.
• Ghosh S., Kanjilal K. Long-term equilibrium relationship between urbanization, energy consumption and economic activity: Empirical evidence from India. (2014) ENERGY –The International Journal, ELSEVIER 66: 324-331.
• Ghosh S., Kanjilal K. Oil price shocks on Indian economy: evidence from Toda Yamamoto and Markov regime-switching VAR. (2014) Macroeconomics and Finance in Emerging Market Economies ROUTLEDGE, 7 (1): 122-139.
• Ghosh S., Kanjilal K. Modeling and forecasting of day-ahead electricity price in Indian energy exchange–evidence from MSARIMA-EGARCH model. (2014) International Journal of Indian Culture and Business Management INDERSCIENCE, 8 (3): 413-423.
• Ghosh S., Kanjilal K. Environmental Kuznet’s curve for India: Evidence from tests for cointegration with unknown structural breaks. (2013) Energy Policy, ELSEVIER 56: 509–515.
• Jain A., Ghosh S. Dynamics of global oil prices, exchange rate and precious metal prices in India. (2013) Resources Policy, ELSEVIER, 38(1): 88-93.
• Prasad R., Ghosh S. Telephone penetrations and economic growth: evidence from India. (2012) NETNOMICS: Economic Research and Electronic Networking, SPRINGER, doi: 10.1007/s11066-012-9067-z
• Rao CR., Ghosh S. Monthly peak demand forecasting of electricity in India – a critic. (2012) Energy Policy, ELSEVIER, 45: 516–520.
• Ghosh S. Examining crude oil price – Exchange rate nexus for India during the period of extreme oil price volatility. (2011) Applied Energy, ELSEVIER, 88: 1886–1889.
• Ghosh S. Examining carbon emissions economic growth nexus for India: A multivariate cointegration approach. (2010) Energy Policy ELSEVIER 38: 3008–3014.
• Ghosh S. High Speed Diesel (HSD) consumption and economic growth in India. (2010) Energy-The International Journal ELSEVIER 35: 1794–1798.
• Ghosh S. Univariate forecasting of day-ahead electricity demand in the Northern grid of India. (2009) Int. J. Indian Culture and Business Management INDERSCIENCE 2(6): 625 – 637.
• Ghosh S. Examining tourism-led growth hypothesis for India. (2011) Int. J. Indian Culture and Business Management, INDERSCIENCE 4( 3), 347-355.
• Ghosh S. Electricity supply, employment and real GDP in India: evidence from cointegration and Granger-causality tests. (2009) Energy Policy ELSEVIER 37: 2926–2929.
• Abosedra S., Dah A., Ghosh S. Demand for Electricity in Lebanon. (2009) International Business & Economics Research Journal, INDERSCIENCE 8(1): 11-17.
• Abosedra S., Dah A., Ghosh S. Electricity Consumption and Economic Growth, The case of Lebanon. (2009) Applied Energy ELSEVIER 86: 429-432.
• Ghosh S. Import demand of crude oil and economic growth: Evidence from India. (2009) Energy Policy ELSEVIER 37: 699 -702.
• Ghosh S., Petroleum consumption and economic growth: evidence from China and some South Asian countries (2009) Journal of Resources, Energy & Development 6(1): 1-8.
• Ghosh S. Univariate Time Series Forecasting of Monthly Peak Demand of Electricity in Northern India. (2008) International Journal of Indian Culture and Business Management INDERSCIENCE 1(4): 466 – 474.
• Abosedra S., Ghosh S. Oil Futures Prices, Economic Growth, and Causality in Jordon, Tunisia & Turkey. (2007) Middle East Business And Economic Review, INTERNATIONAL CENTRE FOR MIDDLE EAST BUSINESS AND ECONOMIC RESEARCH, AUSTRALIA 6(8): 43-50.
• Ghosh S. Investment opportunities in Indian energy sector. (2007) Int. J. Indian Culture and Business Management, INDERSCIENCE 1(1/2): 64 – 81.
• Abosedra S., Ghosh S. Growth and Oil Futures Prices in Developing Countries. (2007) International Business & Economics Research Journal INDERSCIENCE 6(8): 43-50. (Initially Published in the proceedings of Applied Business Research (ABR) Conference, The Clute Institute For Academic Research, HAWAII - JANUARY 2-5, 2007. The paper also got Best Paper Award)
• Ghosh S. Forecasting Monthly Peak Demand for Power. (2007) Forecasting Letters, 1(3): 6-13
• Ghosh S. Future demand of petroleum products in India. (2006) Energy Policy ELSEVIER 34: 2032 – 2037.
• Ghosh S. Steel consumption & economic growth: evidence from India. (2006) Resources Policy ELSEVIER 31: 7 -11.
• Ghosh S., Basu S., The causal relationship between coal and gas consumption with economic growth in India (2006), Journal of Resources, Energy & Development 3(1): 13 – 20.
• Ghosh S., Raghuraman V. Indo-US Cooperation in Energy – Indian Perspective. (2003) Occasional Paper Series, Atlantic Council, USA.
• Ghosh S., Kanjilal K., Future industrial Co2 emission and consequences of Co2 abatement strategies on Indian economy (2003), Pacific and Asian Journal of Energy 12(2): 123-128.
• Ghosh S., Naik AV., Raghuraman V. Energy Security Issues – India. (2003) Occasional Paper Series, Atlantic Council, USA.
• Ghosh S., Raghuraman V. Power from Renewables- Indian Perspective. (2002) Published in the Proceedings of “International Conference & Exhibition on Energy 2002” at Yogyakarta, Indonesia.
• Ghosh S., Das A. Short-run electricity demand forecasts in Maharashtra. (2002) Applied Economics ROUTLEDGE 34(8): 1055-1059.
• Ghosh S. Electricity consumption and economic growth in India. (2002) Energy Policy ELSEVIER 30(2): 125-129.
• Ghosh S. Sustainable energy policy to promote clean air in India. (2001) Occasional Paper Series, Atlantic Council, USA.
• Ghosh S., Indian electricity sector: a cointegration analysis (2001), Pacific and Asian Journal of Energy 11 (1): 5-9.