Subal C. Kumbhakar


Subal C. Kumbhakar received his Ph.D. in economics from the University of Southern California in 1986. He started teaching at the University of Texas in 1986 as an Assistant Professor and was promoted to Professor in 2000. He joined Binghamton University, SUNY in 2001. He was awarded University Distinguished Professor in Economics in December 2005. He teaches graduate econometrics (both theory and applied), and undergraduate microeconomics, statistics, and econometrics courses. He also taught at the Burdwan University, India as a Lecturer in Economics from 1977-1981. Subal's main area of research is applied microeconomics with a focus on estimation of efficiency in production. He uses production, cost, and profit function approaches to estimate economic efficiency. He has formulated a variety of panel data models to measure efficiency, which he has applied to a wide variety of topics covering agriculture, manufacturing, banking, airlines, electricity generation/distribution, public sector enterprises, etc. His recent works include environmental efficiency, modelling undesirable outputs. Some of his other research areas include: corruption and economic growth, foreign direct investment, adverse selection and moral hazards, risk and risk preference in agriculture and aquaculture. His current research includes semi and nonparametric panel data models with and without efficiency. Subal is a Fellow of Journal of Econometrics (1998). He holds an Honorary Doctorate degree (Doctor Honoris Causa) from Gothenburg University, Sweden (1997). Subal is currently a co-editor of Empirical Economics. He is serving as a Board of Editors and/or associate editors of Journal of Productivity Analysis since 1998, Technological Forecasting and Social Change: An International Journal since 1991, International Journal of Business and Economics since 2002, Journal of Agricultural and Applied Economics since 2014, Journal of Regulatory Economics since 2015, Macroeconomics and Finance in Emerging Market Economies since 2007, Applied Econometrics since 2016, Ecos de Economia: A Latin American Journal of Applied Economics since 2016.

Author's Books

Managing Risk in Agriculture

A Development Perspective