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Jayaraj Rajaiah, PhD

Professor of Economics

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Experienced Professor with a demonstrated history of working in the education management industry. Skilled in Teaching, Research, Teamwork, Leadership and Management. Strong education professional with a PhD specialized in International Business/Trade/Economics from the University of Madras. Currently working as Professor & HoD, Economics, at VIT University, Chennai-INDIA.

Research Interests

In my schooling, when introduced to economics I realized that it interestingly qualified as a subject of both Arts and Science. It was an area defined by precise rules, principles and axioms and yet there was tremendous scope for self-expression in the form of interpretation and analysis. This facet of economics intrigued me very much and I decided to pursue further studies in Economics.

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Throughout my Master's programme, I attempted to arm myself with as many economic analysis tools as possible. I had an in-depth education in econometrics and macroeconomics. After earning my Master's degree, I enrolled at Madras University, eager to learn how economics may be used to address a country's challenges, where simplistic models and assuming away difficulties may provide no relief. I completed some extremely interesting research during my Ph.D., which is detailed on my resume. I desired to go deeper into the issue in order to conduct independent as well as collaborative research and analysis, which led me to enrol in the Ph.D. programme. After beginning my work in academia, I discovered an interest in international business/trade/finance, which I am continually exploring. I am fascinated by the econometric modelling of issues of international economics.

Publications

Journals

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  1. “Investigating the asymmetric impact of renewable energy consumption and trade openness for carbon emission abatement using N-ARDL approach: A case of India”, Management of Environmental Quality, ISSN: 1477-7835, Emerald Publication, Aug, 2023. https://doi.org/10.1108/MEQ-01-2023-0012

  2. “Contribution of higher education institutions towards Promoting Sustainable Economic Growth”, University News, Vol. 59, No. 49, ISNN: 0566-2257, December 2021, Special Issue, West Zone Vice Chancellors’ Meet 2021-22, Association of Indian Universities.

  3. “A Study on Forecasting Economic Convergence of India in Comparison to USA, China and Japan”, Econometric Modelling: Forecasting eJournal, Vol 11, Issue 24, August 2021, http://dx.doi.org/10.2139/ssrn.3888583

  4. Amendment to LARR 2013 and the Aspirations of Rural Youth of India", Economic and Political Weekly, Special Article section, August 11, 2018 Vol LIII no. 32, Scopus index, India. This paper is referred by the Parliament of India.

  5. “Evaluating the success factors for development & sustenance of low-cost regional airports in India using Fuzzy MCDM method”, Journal of Applied Economic Sciences, Vol 13, Issue 2 (56), Spring 2018, Scopus, ASERS Publishing.

  6. "Understanding Volatility and Leverage Effects in bunker markets", International Journal of Global Energy Issue, Vol. 41, Nos. 1/2/3/4, 2018, Inderscience.

  7. “Indian Petro-Retail Market Structure: Comparison with Overseas Petro-Retail Market Structure”, International Journal of Research in Economics and Social Sciences (IJRESS), http://euroasiapub.org Vol. 7 Issue 6, June - 2017, pp. 191~204 ISSN(o): 2249-7382, Thomson Reuters Researcher ID: L-5236-2015.

  8. “Study of Volatility for Price Indexes of Liquefied Natural Gas imports to India”, International Journal of Oil, Gas and Coal Technology, Vol. 17, No. 1, 2018, Inderscience.

  9. “Defining Fair Market Value of Land in a Thin Land Market of India to pay Just Compensation - A Case Study”, International Journal of Economics and Business Research, 2017 Vol.13, No.3, pp.258 - 274, Inderscience. 

  10. “Skill Gaps at the Hydro-Mechanical Stage of Small Hydro Power Projects in the State of Uttrakhand: An Analysis” International Journal of Business and Management Invention, ISSN (Online): 2319 – 8028, ISSN (Print): 2319 – 801X www.ijbmi.org, Vol. 6, Issue 2, 2017.

  11. "Study of Volatility of New Ship Building Prices in LNG Shipping”, International Journal of e-Navigation and Maritime Economy, vol. 5, Dec, 2016, Elsevier - indexed as E (merging) SCI (Source Citation Index) by EP Thompson.

  12. “Energy Consumption and Human Development: Global Perspective”, 2015, Economics and Policy of Energy and the Environment, Vol. 2015/1, Issue 1, FrancoAngeli pp. 111-131. DOI: 10.3280/EFE2015-001008

  13.  “A study on the Factors causing Outward Migration in Southern Tamilnadu”, June, 2014, International Journal of Social Sciences and Interdisciplinary Research, Indian Research Journals, ISSN: 2277-3630.

  14. “Comparative Study of Indian Petro-Retail Market Structure”, July-Dec, 2013, UPES Management Review, ISSN 2250- 0723.

  15. “A Block Rate approach to fuel pricing policy for Urban Traffic congestion reduction in India” July-Dec, 2013, IBA Journal of Management & Leadership, ISNN 2230-7524.

  16. “Social Responsibility of Management Education – Challenges and Opportunities”, 2012, International Journal of Innovations in Engineering and Management, Vol. 1; No. 1: ISSN: 2319-3344

  17. “An Empirical study on the Impact of FDI on Economic Activity of India”, Jul-Dec, 2011, Vol.7, No.2., Journal of Global Economy, Research Centre for Social Sciences, India.

  18. “Impact of Intellectual Capital on Firm Performance: A Resource Based View using VAIC Approach”, Jul-Dec, 2010, Vol.2, No. 2., International Journal of Business Management, Economics and Information Technology.

  19. “A study on Displacement of Rural Population with Special Reference to Coimbatore District, India”, Jan-Jun, 2010, Vol. 4, No. 2., International Journal of Rural Development and Management Studies, India

  20. “An Empirical Investigation of Impact of Net FII Investment on Performance of Indian Stock Market”, Jan-Mar, 2009, Vol.4, No.1, Journal of Contemporary Research in Management, ADPP Ltd., India.

  21. “An Impact Analysis of Inflationary Pressures on Economy and Export Competition: India, China and United States”, Jan-Jun, 2009, Vol.2, No.1., International Journal of Economic Issues, International Science Press.

  22. Service Quality Scale Development and Measurement in Indian Retail Banking Sector: An Empirical Investigation”, Jul-Dec, 2009, Vo.1, No.2., Journal of Asean Business Management, International Science Press.

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Conferences

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  1. “An Empirical study on the Impact of International crude oil price on India’s Crude Oil Imports”, 52nd Annual Conference of The Indian Econometric Society (TIES), on January 4-6, 2016 in IIM Kozhikode

  2. “Impact of Energy Consumption on Human Development: Global and Indian Perspective”, 2nd Best Paper Award out of 130 papers presented in the International Conference on “Applied Economics and Business”  organized by Mata Vaishnodevi University in collaboration with The Indian Econometric Society (TIES) on 28-29th July, 2016.

  3. “Energy consumption and Human Development: Global Perspective”, Tenth Annual International Conference on Public Policy and Management, 4th & 5th of August, 2015, IIM -Bangalore-INDIA

  4. “An Empirical study on Factors determining Energy Demand: Japan’s Experience”, 8 & 9th of March, 2014, International Conference on Research and Sustainable Business, Department of Management Studies, Indian Institute of Technology Roorkee,  Roorkee –247667, Uttarakhand, INDIA

  5. “FDI, Exports and Economic Activity of India: A Macro Analysis”, The 6th Annual Conference of Economic Forum of Entrepreneurship & International Business, 1st, 2nd & 3rd of Feb, 2013 at Oxford University, UK, by Economics & ECO-Engineering Associate, Inc., Canada and Teeside University, UK.

  6. "FDI, Exports & Economic Activity of India: A Long term Empirical Analysis", Jan, 10-11, 2013 at the third IIFT Conference on Empirical Issues of International Trade and Finance, Kolkotta.

  7.  “Telecom Growth Trajectory in India”, 2012, Project Financing, Bloomsbury Publishing India Pvt. Ltd., India.

  8. “Environment Technology Cooperation Between Japan and India”, Nov, 30th 2010, conducted by Nikkei and Ministry Economy, Trade and Industry (Japan), Embassy of Japan, Japan Bank of International Cooperation and Japan Centre for Economic Research, Global Eco-Business Forum, New Delhi, India.

  9. “An analysis of Current Indian Business Scenario and Global Competition”, 5th & 6th, Jan, 2009, IBS International Conference on marketing and Business Strategy, Hyderabad, India.

  10. “A Study on Indian Economy and Global Business Competition: Comparative analysis of the Impact of Inflation on Economic Activity in India, China and United States”, Second International Conference on Technology and Innovation in Marketing, Feb, 20th & 21th, 2009, IMT Ghaziabad, India.

  11. “An Empirical Analysis of the Impact of Inflation on Economic Activity and Business Competition”, 2009, International Finance Conference, IES, Mumbai, India.

  12. “Perception of Service Quality – A REVISIT”, 5th & 6th, Jan, 2009, IBS International Conference on marketing and Business Strategy, Hyderabad, India.

  13. “Evolution of Service Quality Perception – A Retro Analysis”, Second International Conference on Technology and Innovation in Marketing, Feb, 20th & 21th, 2009, IMT Ghaziabad, India.

  14. “Evolution of Involvement Instrument Measurement”, 2009, International Finance Conference, IES, Mumbai, India.

  15. “Market Structure of Indian Petro-Retail Sector: Issues and Challenges” 6th & 7th of February, 2015, College of Management & Economic Studies, University of Petroleum & Energy Studies, Energy Acres, Bidholi, Dehradun-248007-INDIA

  16. “India’s Import Demand for Crude Oil: An Empirical Approach”, 14th &15th of February, 2014, College of Management & Economic Studies, University of Petroleum & Energy Studies, Energy Acres, Bidholi, Dehradun-248007-INDIA

  17. “A study on the Factors causing Migration in Southern Tamilnadu”, 14th &15th of February, 2014, College of Management & Economic Studies, University of Petroleum & Energy Studies, Energy Acres, Bidholi, Dehradun-248007-INDIA

  18. “A Comparative Study on Commercial Office Space of Indian Cities with World Cities”,  14th &15th of February, 2014, College of Management & Economic Studies, University of Petroleum & Energy Studies, Energy Acres, Bidholi, Dehradun-248007-INDIA

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