Active and accomplished scholars engaging with students

Prof. Artatrana Ratha

Ph.D. In Economics from University of Wisconsin-Milwaukee, USA; M.A. in Economics from Gokhale Institute of Politics & Economics, B.A in Economics (Honours) from GM College, Sambalpur University.


Prof. Artatrana Ratha is Professor – Economics at FLAME University and he received his Doctorate Degree in Economics from the University of Wisconsin-Milwaukee and Master of Arts in Economics from Gokhale Institute of Politics & Economics, India; and his Bachelor’s Degree in Economics (Honours) from G M College, Sambalpur University.

Currently on sabbatical from St Cloud State University, Minnesota, Prof. Ratha has over 19 years of work experience. He has held visiting positions in Oregon, Wisconsin, Kazakhstan, and India. He was awarded a Fulbright-Nehru Visiting Lectureship to India in 2010-11.

Professor Ratha is a macroeconomist broadly specializing in international and development economics. An interest in global economic issues has led him to research the exchange rate-trade balance dynamics of several countries (J-Curve, S-Curve), the expansionary devaluation hypothesis for China and India, the twin-deficits theory for India, the stability of the euro-demand function, and most recently, international remittance flows (the Dutch-disease phenomenon, macroeconomic determinants). His work has appeared in several journals including African Development Review, Applied Economics, China Economic Review, Contemporary Economic Policy, Economics Bulletin, Empirical Economics, International Trade Journal, Japan and the World Economy, Journal of Developing Areas, Journal of Economic Development, Review of International Economics, and South Asia Economic Journal.


  • “Remittances and the Dutch Disease in a Panel Co-integrated Space” (with Masoud Moghaddam), Applied Economics, Vol. 52, Issue 30, June 2020, pp. 3327-3336.

  • “Macroeconomic Determinants of International Remittances” (with Eungmin Kang), Journal of Economic Development, September 2020, vol. 45, no 3, pp. 51-76

  •  “Asian Financial Crisis and the J-Curve: Evidence from South Korea” (with Eungmin Kang), Contemporary Economic Policy, vol. 32, no. 4, October 2014, pp. 862-877. 

  •  “Twin Deficits or Distant Cousins? Evidence from India,” South Asia Economic Journal, March 2012, vol.13, pp. 51-68

  • “A Panel Estimation of the Stochastic Frontier Gravity Model,” (with Masoud Moghaddam), Empirical Economics Letters, January 2012, pp. 1-7

  • “Turkey’s Trade Potential and The EU’s Membership – Evidence from a Panel Estimation of the Gravity Model,” (with Masoud Moghaddam), Journal of International Business and Economics, vol.11, no. 3, 2011, pp. 128-133

  • “Bilateral S-curve Between US and Australia – Evidence from Industry Data” (with Mohsen Bahmani-Oskooee), Economic Papers, vol. 30, no. 4, December 2011, pp. 497-521

  • “The Swedish Trade Balance and the S-Curve” (with Mohsen Bahmani-Oskooee), Economic Systems, vol. 35, no. 3, September 2011, pp. 355-62

  • “Does Devaluation work for India?” Economics Bulletin, vol. 30, issue 1, January 2010, pp. 247-264

  • “US-China Bilateral S-Curve - Evidence from Industry Data” (with Mohsen Bahmani-Oskooee), China Economic Review, vol. 21, June 2010, pp. 212-223

  • “S-Curve at the Commodity Level: Evidence from US-India Trade” (with Mohsen Bahmani-Oskooee), International Trade Journal, vol. 24, January-March 2010, pp. 84-95

  • “Bilateral S-Curve between US and Canada: Evidence from Industry Data” (with Mohsen Bahmani-Oskooee), Economic Issues, vol. 14, Part 1, March 2009, pp. 1-16 (Lead Article)

  • “S-Curve at the Industry Level - Evidence from US-UK Bilateral Trade” (with Mohsen Bahmani-Oskooee), Empirical Economics, vol. 35, no. 1, August 2008, pp. 141-152

  • “Exchange Rate Sensitivity of US Bilateral Trade Flows” (with Mohsen Bahmani-Oskooee), Economic Systems,  vol. 32, no. 2, June 2008, pp. 129-141

  • “The S-Curve from Emerging Economies” (with Mohsen Bahmani-Oskooee and Ali Kutan), Comparative Economic Studies, vol. 50, 2008, pp. 341-351

  • “S-Curve Dynamics of Trade in Africa” (with Mohsen Bahmani-Oskooee and Abera Gelan), African Development Review, vol. 20, 2008, pp. 335-342

  • “The Bilateral S-Curve between Japan and Her Trading Partners” (with Mohsen Bahmani-Oskooee), Japan and the World Economy, vol. 19, issue 4, December 2007, pp. 483-489

  • “The S-Curve Dynamics of US Bilateral Trade” (with Mohsen Bahmani-Oskooee), Review of International Economics, vol. 15, no. 2, May 2007, pp. 430-439

  • “Bilateral J-Curve: Sweden versus Her 17 Major Trading Partners” (with Mohsen Bahmani-Oskooee), International Journal of Applied Economics, vol. 4, no. 1, March 2007, pp. 1-13 (Lead Article)

  • “The J-Curve: A Literature Survey” (with Mohsen Bahmani-Oskooee), Applied Economics, vol.36, Issue 13, July 2004, pp.1377-98

  • “The J-Curve Dynamics of US Bilateral Trade” (with Mohsen Bahmani-Oskooee), Journal of Economics and Finance, vol. 28, no. 1, Spring 2004, pp. 32-38

  • “Dynamics of US Trade with Developing Countries” (with Mohsen Bahmani-Oskooee), Journal of Developing Areas, vol. 37, no. 2, Spring 2004, pp. 1-11