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Growth and income distributions in four EU economies (2016)
Journal Article
Bhattarai, K. (2016). Growth and income distributions in four EU economies. International Advances in Economic Research, 22(3), 263-277. https://doi.org/10.1007/s11294-016-9594-8

Dynamic multi-sectoral and multi-household general equilibrium models are constructed to show how the economies of Germany, France, Spain and the United Kingdom will evolve from 2006 to 2090. These models generate dynamic paths of investment and capi... Read More about Growth and income distributions in four EU economies.

Unemployment-inflation trade-offs in OECD countries (2016)
Journal Article
Bhattarai, K. (2016). Unemployment-inflation trade-offs in OECD countries. Economic modelling, 58, 93-103. https://doi.org/10.1016/j.econmod.2016.05.007

© 2016 The Author. Inflation and unemployment reduce welfare of individuals and should be as low as possible in any economy. Cointegration and Granger causality tests suggest that there are long run relations between these two variables among the OEC... Read More about Unemployment-inflation trade-offs in OECD countries.

The economic effects of the fair tax: analysis of results of a dynamic CGE model of the US economy (2016)
Journal Article
Bhattarai, K., Haughton, J., & Tuerck, D. G. (2016). The economic effects of the fair tax: analysis of results of a dynamic CGE model of the US economy. International economics and economic policy : IEEP, 13(3), 451-466. https://doi.org/10.1007/s10368-016-0352-4

By replacing the current income tax with a national sales tax, the FairTax proposal would end the double taxation of saving inherent in the existing tax code and, by doing so, raise output, employment, investment and capital stock relative to the ben... Read More about The economic effects of the fair tax: analysis of results of a dynamic CGE model of the US economy.

FDI and growth (2016)
Journal Article
Bhattarai, K. (2016). FDI and growth. Advances in Management and Applied Economics, 6(2), 1-23

Multinational corporations [MNCs] usually engage in foreign direct investment [FDI] to take cost advantages of producing abroad to negate the need for licensing or subsidiary production. At the macro level, FDI accounts for significant proportions of... Read More about FDI and growth.

Fiscal policy, growth and income distribution in the UK (2015)
Journal Article
Haughtony, J., Tuerck, D. G., Bhattarai, K., Haughton, J. H., & Tuerck, D. (2015). Fiscal policy, growth and income distribution in the UK. Applied economics and finance, 2(3), 20-36. https://doi.org/10.11114/aef.v2i3.830

Income and income inequality increased substantially in the UK during the industrial revolution. Income inequality was the highest around 1880. This triggered enactments of more egalitarian tax and transfer system, which halved income inequality by t... Read More about Fiscal policy, growth and income distribution in the UK.

Financial deepening and economic growth in advanced and emerging economies (2015)
Journal Article
Bhattarai, K. (2015). Financial deepening and economic growth in advanced and emerging economies. Review of development economics, 19(1), 178-195. https://doi.org/10.1111/rode.12133

While over-…financing caused crises and slow growth in advanced economies including Germany, France and the UK after 2008, more prudent …financial deepening sustained higher economic growth in China and India - two major emerging economies in the wor... Read More about Financial deepening and economic growth in advanced and emerging economies.

Financial deepening and economic growth (2014)
Journal Article
Bhattarai, K. (2015). Financial deepening and economic growth. Applied economics, 47(11), 1133-1150. https://doi.org/10.1080/00036846.2014.993130

The core of Shapley-Shubik games and general equilibrium models with a Venn diagram is applied for a theory on the role of real finance in economic growth among advanced economies. Then the dynamic computable general equilibrium (DCGE) models for Ger... Read More about Financial deepening and economic growth.

Equilibrium unemployment in a general equilibrium model with taxes (2014)
Journal Article
Bhattarai, K., & Dixon, H. (2014). Equilibrium unemployment in a general equilibrium model with taxes. The Manchester school, 82(Supplement S1), 90-128. https://doi.org/10.1111/manc.12066

The ratio of unemployed to vacancies has risen sharply in the UK after the recession of 2008/09. How harmful is it for the long run growth, equity and efficiency and what sorts of long run cycles does it generate in the economy? With a dynamic comput... Read More about Equilibrium unemployment in a general equilibrium model with taxes.

An exploration of ex post contract adjustment under public private partnership with special investigation of the transportation industry (2014)
Thesis
Fu, T. (2014). An exploration of ex post contract adjustment under public private partnership with special investigation of the transportation industry. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4216092

This research focuses on ex post Contract Adjustment (CA) under Public Private Partnership (PPP) program. It includes theoretical exploration and empirical investigation. The former has one model while the latter finishes two sets of regression with... Read More about An exploration of ex post contract adjustment under public private partnership with special investigation of the transportation industry.

Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model (2013)
Journal Article
Bhattarai, K., & Mallick, S. (2013). Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model. North American journal of economics and finance, 25, 40-59. https://doi.org/10.1016/j.najef.2013.03.001

Ricardian dynamic general equilibrium analyses show that under free trade arrangements a low income country with lower wage cost and large endowment of labour has comparative advantage in trade. Efficiency gains from this enhance economic growth and... Read More about Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model.

Government bias in education, schooling attainment, and long-run growth (2012)
Journal Article
Bhattarai, K., & Basu, P. (2012). Government bias in education, schooling attainment, and long-run growth. Southern Economic Journal, 79(1), 127-143. https://doi.org/10.4284/0038-4038-79.1.127

A surprising cross-country stylized fact is that higher public spending on education tends to lower the long-run growth rate of per capita GDP and the returns to schooling. This is contrary to the conventional wisdom that education is a major driver... Read More about Government bias in education, schooling attainment, and long-run growth.

Brain gain (drain), immigration and global network: Nepalese students in the UK (2011)
Journal Article
Bhattarai, K. (2011). Brain gain (drain), immigration and global network: Nepalese students in the UK. International Journal of Economic Policy in Emerging Economies, 4(4), 345-365. https://doi.org/10.1504/IJEPEE.2011.043309

Nepalese students in UK are struggling to balance tuition and other expenses in the short-run and for the gainful employment in the long run. The opportunity cost of emigration in a labour surplus economy of Nepal is very little in comparison to bene... Read More about Brain gain (drain), immigration and global network: Nepalese students in the UK.

Impact of exchange rate and money supply on growth, inflation and interest rates in the UK (2011)
Journal Article
Bhattarai, K. (2011). Impact of exchange rate and money supply on growth, inflation and interest rates in the UK. International Journal of Monetary Economics and Finance, 4(4), 355-371. https://doi.org/10.1504/IJMEF.2011.043400

Growth rates, inflation and interest rates are determined simultaneously in the UK. Depreciations of Sterling pounds contribute to the growth by enhancing international competitiveness. Inflation from the growth of money, depreciation of Sterling and... Read More about Impact of exchange rate and money supply on growth, inflation and interest rates in the UK.

General equilibrium impacts of monetary and fiscal policies on welfare of households in South Asia (2011)
Journal Article
Bhattarai, K. (2011). General equilibrium impacts of monetary and fiscal policies on welfare of households in South Asia. Review of development economics, 15(4), 745-757. https://doi.org/10.1111/j.1467-9361.2011.00640.x

Impacts of fiscal and monetary policies are assessed in an open economy two sector multi-household general equilibrium tax model with money for South Asia. Despite impressive growth rates there is evidence for alarming gaps in the distribution of inc... Read More about General equilibrium impacts of monetary and fiscal policies on welfare of households in South Asia.

Cognitive Skills, Openness and Growth (2011)
Journal Article
Bhattarai, K., & Basu, P. (2012). Cognitive Skills, Openness and Growth. Economic Record, 88(280), 18-38. https://doi.org/10.1111/j.1475-4932.2011.00764.x

A significant positive relationship exists between the ratios of trade and educational spending to gross domestic product, implying that countries which are more open on the trade front also spend more on education. An open economy endogenous growth... Read More about Cognitive Skills, Openness and Growth.

Trade, growth and poverty in South Asia (2011)
Book Chapter
Bhattarai, K. (2011). Trade, growth and poverty in South Asia. In R. Jha (Ed.), Routledge Handbook of South Asian Economics (258-276). Routledge. https://doi.org/10.4324/9780203827796.ch17

How trade promotes growth and how growth helps to reduce poverty has achieved some attention in the literature. Export-oriented growth strategy has transformed several East Asian countries including South Korea, Taiwan, Singapore and Hong Kong within... Read More about Trade, growth and poverty in South Asia.

Why fuel poverty? (2010)
Journal Article
Bhattarai, K. (2010). Why fuel poverty?. Romanian journal of economic forecasting, 13(3),

The National Health Service (NHS) in UK prescribes 21°C in the living room and 18°C in other rooms for all households but for more than 7.7 percent households cost of heating is above 10 percent of their income and they suffered from coldness related... Read More about Why fuel poverty?.

Strategic and general equilibrium models in poverty measurement studies (2010)
Journal Article
Bhattarai, K. (2010). Strategic and general equilibrium models in poverty measurement studies. Romanian journal of economic forecasting, 13(1), 137-150

Incentive compatibility in poverty alleviation game for the most efficient and just allocation of resources and maximisation of social welfare requires cooperation from both rich and poor households, governments and the global community. Noncooperati... Read More about Strategic and general equilibrium models in poverty measurement studies.