Classroom Teaching

• Introductory and advanced economics
• Research Methods
• Marketing Research
• Econometrics

Dissertation Supervision:

• Ph.D.: 11 students
• M.Phil.: 5 students
• M.A. in Marketing Communications: 25 students
• MBA: over 50 students

Research Interests

• Economic Growth,
• Public Finance,
• Elections
• Political Economy
• Applied Econometrics

Selected Publications

• Ajit Karnik (2016) “Growth and Convergence under Uniform and Varying Rate of Change of Technology”, Journal Panoeconomicus (forthcoming).

• Mala Lalvani and Ajit Karnik (2016) “Fiscal Performance in the wake of Fiscal Responsibility Legislation: A Study of Maharashtra’s Public Finances”, Journal of the Indian School of Political Economy (forthcoming).

• Ajit Karnik and Mala Lalvani (2016) “Budget 2016-17: Lacking in Substance”, Economic and Political Weekly, Issue 16, Vol. 51.

• Ajit Karnik and Mala Lalvani (2015) “Incumbency In Maharashtra Assembly Elections, Assessing the Impact of Delimitation” (with Mala Lalvani) in S. Alam and K.C. Sivaramkrishnan (eds) Fixing of Political Boundaries in India: Process, Outcomes and Implication, Oxford University Press, New Delhi.

• Ajit Karnik and Swati Raju (2015) “State fiscal capacity and tax effort: evidence from Indian states”. South Asian Journal of Macroeconomics and Public Finance (Sage), Vol. 4, No. 2.

• Ajit Karnik and Mala Lalvani (2015) “Budget 2015-16: Long on announcement, short on intent”, Economic and Political Weekly, March.

• Ajit Karnik and Mala Lalvani (2013) “Growth, Welfare and Fiscal Discipline: The problem of incompatible objectives in Budget 2013-14”. Economic and Political Weekly, March 30.

• Ajit Karnik (2013) “Pricing Of Cricketers: The Experience Of Two IPL Auctions” International Journal of Sports Finance, Vol. 8, No. 1.

• Ajit Karnik and Mala Lalvani (2012) “Growth Performance of Indian States” Empirical Economics, Vol. 42, No. 1.

• Ajit Karnik and Cedwyn Fernandes (2010) “Estimating Elasticity of Demand for Tourism in Dubai”, Tourism Analysis, Vol. 15, No. 1.

• Ajit Karnik (2010) “Valuing Cricketers Using Hedonic Price Models”, Journal of Sport Economics, Volume 11, No. 4 (August).

• Ajit Karnik and Mala Lalvani (2009) “Heterogeneity in Growth Processes: Estimating Growth Equations using Panel data”, International Economic Journal, Vol. 23, No. 4.

• Cedwyn Fernandes and Ajit Karnik (2009) “Assessing UAE’s Oil Dependence - An Optimal Control Approach”, Education, Business and Society: Contemporary Middle Eastern Issues, Vol. 2, Issue 2.

• Ajit Karnik and Cedwyn Fernandes (2009) “Natural Resource Dependence: A Macroeconometric Model for the United Arab Emirates” Applied Economics, Vol. 41.

• Ajit Karnik and Mala Lalvani (2008) “An Examination of the Flypaper Effect Incorporating Spatial Interdependence” Review of Urban and Regional Development Studies, Vol. 20, Issue 2.

• Ajit Karnik (2008) “Transformations, Then and Now: The Appeal of Karl Polanyi”, Economic and Political Weekly Nov-Dec.

• Ajit Karnik (2006) “State Finances: Continuous Deterioration, Bleak Prospects” Journal of the Indian School of Political Economy, September.

• Ajit Karnik, Abhay Pethe and Dilip Karmarkar (2006) “Developing a Quantitative Framework for Determining Devolution of Funds from State Governments to Local Bodies”, in Niraja Jayal, Amit Prakash and Pradeep Sharma (eds) Local Governance in India: Decentralization and Beyond, Oxford University Press, New Delhi.

• Ajit Karnik and Mala Lalvani (2005) “Urban Local Governments And The Flypaper Effect: Empirical Evidence From A Panel Of Indian Jurisdictions”, Publius: The Journal of Federalism, Volume 35, No.2, Spring.

• Ajit Karnik, Anita Rath and J.C. Sharma (2004) “Reforming Property Tax System: Simulated Results for Mumbai City” (with Anita Rath and J.C. Sharma), Economic and Political Weekly, August 21.