keshab bhattarai

Dr Keshab Bhattarai

Senior Lecturer in Economics

Faculty of Business, Law and Politics

+44 (0) 1482 463207

Keshab Bhattarai is a senior lecturer in economics, specialising in general equilibrium analysis of macro and micro economic policy issues and econometrics.

He is involved in teaching advanced macroeconomics, advanced microeconomics and econometric analysis for PhD students, economics and research methods for MSc students, and macroeconomics at undergraduate level.

Dr Bhattarai has also served as an external examiner of undergraduate and postgraduate programmes and PhD theses for reputed universities in the UK and abroad.

He has given seminars to other departments and presented papers and chaired sessions regularly in high level conferences including the RES, AEA, EEA, EEFS, AIEFS and IAES.



Research Interests

  • Analysing impacts of micro and macro economic policies, particularly tax policy, on growth, poverty, redistribution, trade and efficiency and environment in allocation of resources using dynamic CGE and DSGE models and applied econometric techniques

Research groups

  • Principle investigator for a team, which includes Prof David Tuerck and Prof Jonathan Haughton of the Suffolk University in Boston, USA, for the National Centre for Policy Analysis (NCPA) in Houston, Texas, developing a dynamic CGE model to assess impacts of taxes in growth and redistribution in the US economy, Feb 2015 - Oct 2016. The total value of this grant is above $400,000, of which $112,500 (£75,000) was awarded to the University of Hull.
  • Co-investigator for a team awarded a £75,000 EPSRC grant to construct a dynamic CGE model of UK economy for evaluation of energy sector policies in 2006/7 for Supergen – Future Network Technologies, with Richard Green (group leader), Jon Atkins, Milton Yago and Steve Trotter. Total value of the project was £3,419,650.
  • Fiscal Policy For Growth, Efficiency And Redistribution In Vietnam: A CGE Analysis (with Dr Chan Van Nguyen of National School of Economy, Hanoi, Vietnam) £10,000.
  • Dr Bhattarai has publications in 4*, 3* and 2* journals in his career including those in International Economic Review, Economica, Manchester School, Review of International Economics, Economic Record, Applied Economics, Empirical Economics, Review of Development Economics, Southern Economic Journal, North American Journal of Economics and Finance and Applied Financial Economics.  He has contributed to the Business and Management Studies Panel in the REF2014, RAE 2008 and RAE2001.


Keshab Bhattarai, Jonathan Haughton & David G Tuerck (2017) Impacts of Trump Tax Reforms on Growth, Inequality and Debt, Royal Economic Society Newsletter, 179, 20-21, October

Bhattarai K, P. Backman F. Conte, J. Haughton, M. Head and D. G. Tuerck (2017) 'Tax plan debates in the US presidential election: A dynamic CGE analysis of growth and redistribution trade-offs', Economic Modelling, online 7 September.

Haughton J, Bhattarai K, P. Backman and D. G. Tuerck (2017) 'The Distributional Effects of the Trump and Clinton Tax Proposals', Atlantic Economic Journal, online since 14 September.

Bhattarai K. (2017) 'Dynamic CGE Model of the Chinese Economy for Fiscal and Financial Policy Analysis', China-USA Business Review, Apr. 2017, Vol. 16, No. 4, 141-164.

Bhattarai K, J Haughton, M. Head and D. G. Tuerck (2017) 'Simulating Corporate Income Tax Reform Proposals with a Dynamic CGE Model', International Journal of Economics and Finance, Vol. 9, No. 5, 20-35.

Full list


Programmes taught on (2019)

Modules list


  • Dissertation
  • Empirical Economics
  • Further Economic Analysis


  • Advanced Macroeconomics
  • Advanced Microeconomics
  • Econometric Analysis

Research PhDs

Dr Bhattarai welcomes applications in

  • Tax policy analysis and public finance
  • UK, EU and US and other advanced economies
  • Developing and emerging economies
  • Dynamic CGE and applied microeconomics
  • DSGE models and applied macroeconomics
  • Finance and growth
  • Applied econometrics

Completed PhDs

As first supervisor

  • Dr Abraham Adu (2017) Banking sector efficiency in Ghana: General Equilibrium and Econometric Analysis
  • Dr Kennedy Abrokwa (2016) Role of energy sector in the Ghanaian economy
  • Dr Dawid Trzeciakiewiecz (2015) Three Essays in Fiscal Policy of the UK: DSGE Analysis
  • Dr Emmanuel Okyere (2013) Dynamic General Equilibrium Analysis of Economic Policies in Ghana
  • Dr Andrew Sloan (2009) Macroeconomic dynamics among UK Regions, HUBS
  • Dr Sehm Negm (2009) Free Trade and Economic Growth in Egypt; Tanta University, Egypt
  • Dr Mark K Armah (2007) Econometric and General Equilibrium Analysis of Exchange Rate in Developing Economies
  • Dr Francesco D Bispham (2006) Panel-Cointegration and Unit Roots and Efficiency of Asymptotic Estimators
  • Dr Naveed Hassan Naqvi (2003) The Relationship Between Private and Public Capital and Impact on Economic Growth: The Case of Pakistan

As second supervisor

  • Dr Fu Tong (2015) Ex post contract adjustment in public private partnership projects (with Steve Trotter)
  • Dr Ahmet Al-Busaidy (2009) Industrial Clustering in Oman (with Steve Trotter)
  • Dr Hoessein Panahi (2008) Geographic Proximity and Economic Growth (with Richard Green)

Current PhD supervisions

  • Xinxing Sima, General Equilibrium Analysis of Role of Education and Health in Economic Growth in China, viva taken in August, revising for resubmission
  • Chonlakan Benjasak, Financing energy for growth: general equilibrium and econometric analysis, study leave from Walailak University, Thailand
  • Ben-Naser Abdulhamid, Impacts of exchange rate fluctuations on macroeconomic performance in Libya, study leave, University of Misurata Libya
  • Abdelatif Taloba, Models of economic growth and redistribution in Libya, study leave from Misurata Libya (revising his upgrade proposal)
  • Thi Kim Dung Nguyen, A CGE model for fiscal and monetary policy analyses of Vietnam, study leave, NEU, Honoi, Vietnam
  • Resham B Thapa Parajuli, Economic liberalisation and its impact on Growth and Income distribution: a dynamic CGE modelling analysis, upgraded (2015); In leave - TU (Nepal) and Hull University tuition scholarship
  • Alloysius Egbulonu, The Dynamics of Corruption, Capital Flight and Economic Growth with Panel Evidence from sub Saharan Africa (SSA)


Teaching awards and accolades

  • Northeastern University College Teaching Certificate

Professional highlights

Academic qualifications

  • PhD (NU - Boston, USA)
  • MA (ISS - Hague, Netherlands)
  • MA (Econ - TU, Nepal)
  • BL (TU)

External roles

Published in various refereed journals including the International Economic Review, Economica, Southern Economic Journal, Review of International Economics, Economic Record, Manchester School, Economic Letters, Applied Economics, Applied Financial Economics, Economic Modelling, North American Journal of Economics and Finance, Empirical Economics, Review of Development Economics, Applied Financial Economics Letters, Atlantic Economic Journal, International Advances in Economic Research and International Economics and Economic Policy, International Business Research.


  • Consultant on Dynamic CGE modelling of the US economy, Suffolk University and Beacon Hill Institute, Boston, Mass., USA (Feb 2015 – Oct 2016, 2006 – 2007)
  • Dynamic CGE modeller to the Inland Revenue (now the HMRC) for an ESRC project (April 1996 – July 1999)

External examiner roles

External examiner to undergraduate degree programmes (Coventry University) 2009-2012; to postgraduate degree programmes (London Metropolitan Business School) from 2009 to 2013; and to PhD dissertations (Universities of Hull, Oxford, York, Durham, Newcastle in the UK and Australia and IMI-Madras, Andhra, Karnataka Universities in India)

Professional memberships

  • Fellow, Royal Statistical Society, London
  • Adjunct Scholar, the Beacon Hill Institute, Medway, MA, USA
  • Member Advisory Committee, European Economic and Finance Society (EEFS)
  • Scientific committee member of the Ecomod Network
  • Editorial board member of Advances in Economics and Business journal; Asian Economic Modelling
  • Senior Fellow, Rimini Centre for Economic Analysis, Rimini, Italy and Ontario in Canada.
  • CGE Modeller: Static, Dynamic and Trade CGE Models, GAMS/MPSGE


Awards and accolades


  • NURA, NUTA Northeaster University Scholarship for PhD studies (1991-1996)
  • NEPAL RASTRA BANK (Central Bank of Nepal) Scholarship for Masters in economics (1981-1984)
  • Birendra Scholarship for scoring the highest average marks in Nepal in Intermediate Degree, Sanskrit Institute, TU (1977-1980)

Research grants

  • Grant of £75000 ($112,500) to the University of Hull for developing a dynamic CGE model to assess impacts of taxes in growth and redistribution in the US economy as a principal investigator. The total value of this grant is above $400,000. Feb 2015 - Oct 2016. Next phase of this project under consideration.
  • EPSRC grant for Supergen –Future Network Technologies with Richard Green (group leader), Jon Atkins, Milton Yago and Steve Trotter £75,000 (2006/07) – the total value of the project £3,419,650. As co-investigator, led the Hull team in constructing a dynamic CGE model of UK economy for evaluation of energy sector policies at the University of Hull.
  • Fiscal Policy For Growth, Efficiency And Redistribution In Vietnam: A CGE Analysis (with Dr Chan Van Nguyen of National School of Economy, Hanoi, Vietnam) £10,000.
  • British Academy grant £10,000 for tax policy modelling of Vietnam (with Dr C. Nguyen and K. Nguyen)
  • British Academy grant with Mike Ryan: £7,500 (2005-2006) for Ghanaian Economic Model.
  • Departmental seed corn grant of £5,000 for 2000-2001 – labour market, macroeconomic policy and general equilibrium models of the UK economy.
  • Consultancy for the dynamic CGE model for the European Research Framework 5 (£5,000) in 2007
  • Dynamic CGE model for analysis of fair tax in the US for the Suffolk University and Beacon Hill Institute in Boston, USA ($10,000) in 2006.

Professional highlights

Led dynamic general equilibrium modelling tasks of the energy sector under the Supergen research project from 2005-2007 in the University of Hull.

Contributed to the dynamic general equilibrium modelling of the US economy with colleagues at the Beaconhill Institute of the Suffolk University, Boston, USA for analysis of tax reform proposals of presidential candidates in the general election 2016 under a large scale grant from the National Council for Policy Analysis in Texas, US. Results of an earlier study on the impacts of fair tax system led to papers for policy debates in 2006-2007 and a publication in the IEEP in 2016.

Invited speaker to universities and institutions in the UK and India, such as UWE and Loughborough Universities in the UK, the Economics and Growth Institute in Delhi, the University of Hyderabad in India, and TU and KU in Kathmandu.