Nirvikar Singh

TitleDistinguished Professor,
Director, Center for Analytical Finance,
Sarbjit Singh Aurora Chair in Sikh and Punjabi Studies
DivisionSocial Sciences Division
DepartmentEconomics Department
AffiliationsSouth Asia Studies,
Sikh and Punjabi Studies,
Economics Department
Phone831-459-4093
Email
FAX831-459-5077
Web Site Personal Web Site
Recent Columns in Financial Express
Past Columns in The Mint
Past Columns in Financial Express
Office421 Engineering 2
Campus Mail StopEconomics Department
Nirvikar Singh

Research Interests

Industrial organization, political economy, economic development, technology and innovation, South Asian immigrants in the U.S., Indian economy, Sikhs and the Punjab

Biography, Education and Training

Nirvikar Singh holds the Sarbjit Singh Aurora Chair of Sikh and Punjabi Studies at UCSC. He also directs the UCSC South Asian Studies Initiative within Social Sciences. He is a member of the Advisory Group to the Finance Minister of India on G-20 matters He has previously served as Director of the Santa Cruz Center for International Economics, Co-Director of the Center for Global, International and Regional Studies, Special Advisor to the Chancellor (all at UCSC), and Consultant to the Chief Economic Adviser, Ministry of Finance, Government of India. He organized one of the first major US conferences on Indian economic reform. He received his PhD from the University of California, Berkeley, and his BSc and MSc from the London School of Economics, where he was awarded the Allyn Young Prize, Gonner Prize and Ely Devons Prize.

Professor Singh’s current research topics include entrepreneurship, information technology and development, electronic commerce, business strategy, political economy, federalism, economic growth and the Indian economy. He has authored over 100 research papers and co-authored three books: Joint Ventures, International Investment and Technology Transfer; The Political Economy of Federalism in India; and Waiting to Connect: India IT Revolution Bypasses the Domestic Industry. He has also served as an advisor for several startups and knowledge services firms in Silicon Valley and in India.

Honors, Awards and Grants

Entrepreneurship in the Indian Diaspora (with Devesh Kapur), Center for Advanced Study of India, University of Pennsylvania


Foreign Currency Borrowing by Indian Firms (with Ila Patnaik and Ajay Shah), International Growth Centre

Selected Publications




Regional Inequality in India in the 1990s: A District-level View, (with J. Kendall, R. K. Jain, and J. Chander), Economic and Political Weekly, Vol. 49 (15), pp. 71-76 , 2014


Financial Integration and Financial Development in East Asia, (with I. Kaur), Millennial Asia, Vol. 5 (1), pp. 1-22 , 2014


Does Too Much Finance Harm Economic Growth?, (with S.H. Law), Journal of Banking and Finance, Vol. 41, pp. 36-44 , 2014


Markets, Morals and Motives: Economics and the Guru Granth Sahib, Sikh Review, 2013


China, India, and Industrial Policy for Inclusive Growth (with I. Kaur), China Economic Policy Review, Vol. 2(1), pp. 1375001-1 to 27 , 2013


Bridging the Digital Divide in Rural India: Lessons from a Survey in Four States (with Y. Zhou, K. Williams, J. Kendall and P.D. Kaushik), Review of Market Integration, Vol. 5 (1), pp. 1-42 , 2013


Dove or Hawk? Characterizing Monetary Policy Regime Switches in India (with M. Hutchison and R. Sengupta), Emerging Markets Review, Vol. 16, pp. 181-202 , 2013


Foreign Investors under Stress: Evidence from India (with I. Patnaik and A. Shah), International Finance, Vol. 16 (2), pp. 213-244 , 2013


Turkey’s Trilemma Trade-offs: Is there a role for reserves? (with O. Cortuk), Iktisat Isletme ve Finans Vol. 28 (328), pp. 105-122 , 2013


Trade productivity upgrading, trade fragmentation, and FDI in manufacturing: The Asian development experience (with J. Mora), Indian Growth and Development Review, Vol. 6 (1), pp. 61-87 , 2013


Trade Dynamics in the East Asian Miracle: A Time Series Analysis of US–East Asia Commodity Trade, 1962–1992 (with T. Carolan and J. Mora), Millennial Asia, Vol. 4 (1), pp. 87-108 , 2013


Information Technology and Productivity in Indian Manufacturing (with S. Sharma), India Policy Forum, Vol. 9, pp. 187-229, 2012


Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market (with M. Hutchison and G. Pasricha), IMF Economic Review, Vol. 60, pp. 395–438 , 2012


Internet Kiosks in Rural India: Gender, Caste and Location (with J. Kendall),  Review of Market Integration, Vol. 4 (1), pp. 1-43, 2012


Breaking the Mold: Thoughts on Punjab's Future Economic Development, forthcoming in Rejuvenating Punjab's Economy, ed. Lakhwinder Singh and Nirvikar Singh, New Delhi: Springer, 2016


Information Technology and its Role in India’s Economic Development: A Review, in ed. S. Mahendra Dev and S. Babu, Development in India: Micro and Macro Perspectives, New Delhi: Springer, 2015


India’s Trilemma: Financial Liberalization, Exchange Rates and Monetary Policy (with Michael M. Hutchison and Rajeswari Sengupta), World Economy, 2012


The Digital Divide in Rural South Asia: Survey Evidence from Bangladesh, Nepal and Sri Lanka (with Yan Zhou and P. D. Kaushik), Indian Institute of Management (Bangalore) Review, 23, 15-29, 2011


Some Market Measures of Capital Account Liberalization in India, (with Michael Hutchison and Gurnain Pasricha), in China and Asia in the Global Economy, ed. Yin-Wong Cheung and Guonan Ma, World Scientific Publishing, 2011


Expenditure Governance and Information Technology: Assessing India’s Situation and Potential, India Review, 9 (2), 107-139, 2010


Estimating a Monetary Policy Rule for India, (with Michael Hutchison and Rajeswari Sengupta), Economic and Political Weekly, 45 (38), 67-69, 2010


The Management of International Rivers as Demands Grow and Supplies Tighten: India, China, Nepal, Pakistan, Bangladesh, (with B. Crow), India Review, 8 (3), 306-339, 2009


Intermediaries in E-Commerce: Value Creation Roles, Encyclopedia of E-Business Development and Management in the Digital Economy, ed., In Lee, Hershey, PA: IGI Global, 188-197, 2009


Equilibrium Vengeance (with D. Friedman), Games and Economic Behavior, 66 (2), 813-829, 2008


Transaction Costs, Information Technology and Development, Indian Growth and Development Review, 1 (2), 212-236, 2008


Decentralization and Public Delivery of Health Care Services in India, Health Affairs, 27, no. 4 991-1001, 2008


Buy-It-Now: A Hybrid Market Institution (with S. Anderson, D. Friedman and G. Milam), Journal of Electronic Commerce Research, 9 (2), 137-153, 2008


Crossing a Chasm: Technologies, Institutions and Policies for Developing a Regional IT Industry, ICTs and Indian Social Change: Diffusion, Poverty and Governance, Ashwani Saith, M. Vijayabaskar and V. Gayathri ed., New Delhi: Sage Publications, 192-218, 2008


Services-Led Industrialization in India: Assessment and Lessons, in Industrial Development for the 21st Century: Sustainable Development Perspectives, ed. David O’Connor, New York: Orient Longman, 235-291, 2008


Market Institutions: An Expository Essay, Economics, Management, and Financial Markets, 5(2), 210-36, 2010


Fiscal Decentralization in China and India: Competitive, Cooperative or Market Preserving Federalism?, Public Finance and Management, 9 (1), available at http://www.spaef.com/article.php?id=433, 2007


Seller Strategies on eBay: Does Size Matter?”, (with Steve Anderson, Daniel Friedman and Garrett Milam) International Journal of Electronic Business, Vol. 5, No. 6, 643-669, 2007


Teaching Interests

Finance, E-commerce, Microeconomic Theory

Courses Taught

Econ 235: Corporate Finance
Econ 139A: Economics of Electronic Commerce
Econ 204B: Advanced Microeconomic Theory

Advisees, Post Docs, Graduate Students, Researchers