Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/deacon/public_html/dea2014/libraries/joomla/filter/input.php on line 686
Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/deacon/public_html/dea2014/libraries/joomla/filter/input.php on line 688
Subhash C Ray
University of Connecticut
USA
Education:
Ph.D. (Economics) University of California, Santa Barbara Fellow in Management 1976 Indian Institute of Management, Calcutta (Equivalent to Ph.D.)
MA (Economics) 1964 University of Calcutta
Professional Experience:
1992 - : Professor of Economics, University of Connecticut, Storrs, CT.
1987-92: Associate Professor, Department of Economics, University of Connecticut, Storrs, CT.
1982-87: Assistant Professor, Department of Economics, University of Connecticut, Storrs, CT.
1981-82: Visiting Lecturer, Department of Economics, University of California, Santa Barbara, CA.
1977-81: Teaching/ Research Assistant, Department of Economics, U.of California, Santa Barbara, CA.
1976-77: Faculty member (designated as Senior Training Officer) of the Management
Development Institute of Bharat Heavy Electricals Ltd.
1972-75: Graduate student in the “Fellowship in Management” program at Indian Institute of
Management, Calcutta.
1967-72 and 1975-76: Lecturer in Economics (the Indian equivalent of an Assistant Professor), University of Kalyani, India.
Visiting Positions:
Jan - Mar 1990: Visiting Scientist, Indian Statistical Institute, Calcutta, India.
Apr - May 1990: Visiting Faculty, Department of Econometrics, University of Sydney, Australia. Feb - Mar 1997: Visiting Scholar, Dept. of Statistics and Operational Research, University of
Alicante, Spain.
Aug-Sept 2000: Visiting Fulbright Lecturer, Indian Institute of Management, Calcutta, India
Sept-Dec 2000: Visiting Fulbright Lecturer, Indian Institute of Management, Ahmadabad, India
Jan- Apr 2004: Visiting Scientist, Indian Statistical Institute, Calcutta
July-Dec 2005: Visiting Faculty, Indian Institute of Management Calcutta, India
Fields of Research Specialization:
Applied Micro (production analysis) Data Envelopment Analysis
Applied Econometrics
Time Series Analysis
Publications:
Book:
Data Envelopment Analysis: Theory and Techniques for Economics and Operations Research (Cambridge University Press 2004).
(with W.F. Lott) Applied Econometrics: Problems with Data Sets (Dryden HBJ 1992)
Recent Published Papers
(with Lei Chen) “Cost Efficiency and Scale Economies in Dental Care”; forthcoming in Journal of the Operations Research Society; Advance Online Publication, 29 August 2012; doi:10.1057/jors2011.109.
(with M. S. Kimenyi and Lei Chen) “Tools and Techniques for Evaluating Service Delivery” in M.S. Kimenyi (ed) Institutions and Service Delivery in Africa (Nairobi, Kenya: African Research Consortium, 2012), pp 112-139.
“Impact of Liberalization and Globalization on Productivity in Indian banking: A Comparative Analysis of Public, Private Sector, and Foreign Banks”; in Das, A and R. Banga (eds) Twenty Years of India’s Liberalization: Experiences and Lessons (UNCTAD, 2012) pp 91-113.
(with Anup Bhandari) “Technical Efficiency in the Indian Textiles Industry: A Nonparametric Analysis of Firm Level Data”; Bulletin of Economic Research Vole 63 (2) April 2011..
(with Lei Chen) “Data Envelopment Analysis for Performance Evaluation: A Child’s Guide”; Indian Economic Review, July-Dec 2010, pp 79-124.
(with Yanna Wu) “Technical Efficiency and Stock Market Reaction to Horizontal Mergers”; in Bhattacharya, Basabi and Malabika Roy (eds) A Collection of Essays in Finance (Allied Publishers, Calcutta, 2010) pp 230-263.
“Data Envelopment Analysis with Bootstrap: A Beginner’s Guide”; forthcoming in Arpita Dhar (Ed) Themes in Quantitative Economics (Calcutta: Allied Publishers).
(with Lei Chen and Kankana Mukherjee) “Input price variation across locations and a generalized measure of cost efficiency”; International Journal of Production Economics;116; (2008) 208-218.
(with A. Das). Distribution of Cost and Profit Efficiency: Evidence from Indian Banking; European Journal of Operational Research 201 (2010) 297-307..
“Are Indian Firms too Small? A Nonparametric Analysis of Cost Efficiency and the Optimal Organization of Industry in Indian Manufacturing”; Indian Economic Review Vol XXXXVI (2009) No.1 , 49-67.
(with Lei Chen and Kankana Mukherjee) “Input price variation across locations and a generalized measure of cost efficiency”; International Journal of Production Economics;116; (2008) 208-218.
(with A. Das and A. Nag) “Labor-Use Efficiency in Indian Banking: A Nonparametric Analysis of Branch- Level Data’, OMEGA: The International Journal of Management Science, (2009) 37; 411-425.
(with W.W. Cooper) “ A Response to M Stone: :”How Not to Measure the Efficiency of Public Services (and how one might)”; Journal of the Royal Statistical Society, Series A.;(2008); 171; Part 2; 433-448.
(with Yongil Jeon) “Reputation and Efficiency: A Nonparametric Assessment of America’s Top-rated MBA Programs”; European Journal of Operational Research; Volume 189, Issue 1, 16 August 2008, Pages 245-268.
“The Directional Distance Function and Measurement of Super-Efficiency: An Application to Airlines
Data”; Journal of the Operational Research Society (2008)59, 788-797.
“Shadow Profit Maximization and a Measure of Overall Efficiency”; Journal of Productivity Analysis.(2007); 27: 231-236.
“Are Some Indian Banks Too Large? An Examination of Size Efficiency in Indian Banking”; Journal of Productivity Analysis.(2007); 27: 41-56.
(with Kankana Mukherjee and Yanna Wu)” Direct and Indirect Measures of Capacity Utilization : A Nonparametric Analysis of U.S. Manufacturing”; The Manchester School 2006
(with T.T. Ram Mohan) “Productivity Growth and Efficiency in Indian Banking: A Comparison of Public, Private, and Foreign Banks”; in P.K. Bandyopadhyay and G.S. Gupta (Eds) Measuring Productivity in Services: New Dimensions (ICFAI University Press: Hyderabad), 210-231, 2006.
(with Kankana Mukherjee)“Technical Efficiency and its Dynamics in Indian Manufacturing: An Inter- state Analysis”; in Indian Economic Review Vol XXXX, Number 2, 2005, pp 101-125.
(with Anasua Bhattacharya) “Surplus Labor in Indian Manufacturing: Evidence From the Annual Survey of Industries”; in R. Ghosh and C. Neogi (Eds): Theory and Application of Productivity and Efficiency: Econometric and DEA Approaches (Mac Millan India: Delhi) 157-173; 2005.
“A Simple Statistical Test of Violation of the weak Axiom of Cost Minimization”; Indian Economic
Review, Jan-June 2004, pp 111-122.
(with Evangelia Desli) “A Bootstrap Procedure to Capture Unit Specific Effects in Data Envelopment
Analysis”; Indian Economic Review, Jan-June 2004, pp 89-110.
(with Kankana Mukherjee) “Does the Presence of Surplus Labor Hinder Production in Indian Manufacturing?” in Sugata Marjit and Nirmala Banerjee eds. Development, Displacement, and Disparity – India in the Last Quarter of the Century, Orient Longman 2004.
(with T.T. Ram Mohan) “Comparing Performance of Public and Private Sector Banks”: A Revenue Maximisation Efficiency Approach”; Economic and Political Weekly, March 20, 2004; 1271-1276.
(with Evangelia Desli and Subal Kumbhakar) .“Dynamic Stochastic Frontier Analysis” Applied Economics Letters; 2003; 10, 623-626.
(with Zhang Ping) "Technical Efficiency of the State Owned Enterprises in China (1980-1989):An Assessment of the Economic Reforms.”; in Tendulkar,S.D., A. Mitra, K. Narayanan, and D.K. Das (eds) India: Industrialisation in a Reforming Economy (New Delhi: Academic Foundation, 2005).
“Did India’s Economic Reforms Improve Productivity and Efficiency in Manufacturing?”Indian Economic Review; Vol 37, No 1; 2002, 23-57.
“William W. Cooper: A Legend in His own Times”; Journal of Productivity Analysis, 17, 1-2, 2002, pp 7-12.
(with Kankana Mukherjee and Steve M. Miller) “Productivity Growth in Large U.S. Commercial Banks: The Initial Post-Deregulation Experience”; Journal of Banking and Finance, 25 (2001), pp913-939.
(with Kankana Mukherjee) “Decomposition of Cost-Competitiveness in U.S. Manufacturing: Some
State-by-State Comparisons”; Indian Economic Review, Vol 35, No 2, 2000, pp 133-153.
Journal Editorship:
Senior Editor, The DEA Journal.
Served as a guest editor of a special issue (on Productivity and Efficiency) of Indian Economic Review Vol
XXXXV, Number 2, Jul- Dec 2010.
Served as a guest editor of a special issue (on Productivity and Efficiency) of Indian Economic Review Vol
XXX!X, Number 1, Jan-June 2004.
Served as a guest editor of a special issue of Journal of Productivity Analysis in 2002.
Major Conference Presentations:
World Econometric Congress, Barcelona (1990)
American Statistical Association, Houston (1980), Chicago(1985), New Orleans (1988) International Regional Science Association, Boston (1990)
European Congress on Operational Research, Aachen, Germany (1991), Helsinki, Finland (1992)
European Productivity Workshop, CORE, Belgium (1993) Georgia Productivity Workshop, Athens, GA, (1994) European Productivity Workshop, CORE, Belgium (1995) Georgia Productivity Workshop II, Athens, GA, (1996)
Fifth European Productivity Workshop, Copenhagen, Denmark (1997) Georgia Productivity Workshop III, Athens, GA, (1998)
6th European Workshop on Productivity and Efficiency Analysis, Copenhagen, Denmark (1999) North American Productivity Workshop, Union College, Schenectady, NY (2000)
Econometrics Conference 2000, Delhi School of Economics, New Delhi, India, (2000)
7th European Workshop on Productivity and Efficiency Analysis, Oviedo, Spain (2001) North American Productivity Workshop II, Union College, NY 2002.
National Workshop on Technical Efficiency and Productivity Analysis, New Delhi, India Jan 2003. Annual Conference of The Indian Econometric Society, Calcutta, India, January 2005
North American Productivity Workshop 4; New York City, NY June 2006
5th International Conference on Data Envelopment Analysis, Indian School of Business, Hyderabad, India in January 2007
10th European Workshop on Productivity and Efficiency Analysis, Lille, France, June 2007.
North American Productivity Workshop 5; New York City, NY June 2008.
Center for Development Economics-Swiss Re Workshop on Productivity and Efficiency Analysis; New Delhi, January 2009.
6th International Conference on Data Envelopment Analysis, Philadelphia, PA in Summer 2009.
7th International Conference on Data Envelopment Analysis, Beirut, Lebanon in Summer 2010. Annual Meetings of INFORMS, Nov 2010 held at Austin, TX.
8th International Conference on Data Envelopment Analysis, Thessaloniki, Greece in August 2011..
7th North American Productivity Workshop. Houston, TX June 2012
US Marine Fisheries Services Productivity Workshop, Santa Cruz, CA June 2012
10th International DEA Conference, Natal, Brazil August 2012.
Conducted DEA Workshops at:
National Thermal Power Corporation, New Delhi, India
Reserve Bank of India, Bombay, India
Indian Institute of Technology, Bombay, India
Delhi School of Economics, Delhi, India
Indira Gandhi Institute for Development Research, Bombay, India
Madras School of Economics, Madras (Chennai), India Indian Institute of Management Ahmadabad, India Jadavpur University, Calcutta, India
Indian Statistical Institute Calcutta, India
Institute of Social and Economic Change, Bangalore, India Birla Institute of Management Technology, Delhi, India Institute of Rural Monument Anand, India
Goa Institute of Management, Goa, India
Kadir Has University Istanbul, Turkey
Pusan National University, Pusan, South Korea
