Subir Sen - Department of Humanities and Social Sciences,Indian Institute of Technology Roorkee
Subir Sen
Subir Sen Associate professor +91-1332284799
Areas of Interest
  • Advanced Microeconomics, Risk Perceptions, Industrial Organization, Study of Indian insurance industry, Climate Change Adaptation, Disaster Risk Reduction, Applied Econometrics, Modelling issues in Economics
Professional Background
2014-01-016 years Assistant ProfesorIIT Roorkee
2010-01-014 years Assistant ProfessorTERI University, New Delhi
2009-01-011 year LecturerTERI University, New Delhi
2008-01-011 year Sr. LecturerMadras School of Economics, Chennai
Multiple Posts
2015-01-01OngoingCourse Coordinator HSS-01 EconomicsIIT Roorkee
2015-01-013 years WardenAzad Bhawan, IIT Roorkee
Honors and Awards
First Prize --- Japanese Award for Outstanding Research on Development (ORD)16th Annual Global Development Conference, Global Development Network (GDN)2015
SANEI 14th Round Regional Research CompetitionSouth Asia Network of Economic Research Institutes2013
Subsidy for PhD thesisGeneva Association - Association Internationale pour I'Etude de I'Economie de I'Assurance2009
Scholarship and Invitation for 3rd Meeting in Economic Sciences (Meetings of Nobel Laureates)Lindau Nobel Laureates Meetings, Lindau Germany2008
Doctoral FellowshipThe RBI Scheme of Endowment for Professorial Chairs and Research Fellowship at ISEC2003
Educational Details
Ph.D.EconomicsInstitute for Social and Economic Change, Bangalore2010
M.A.EconomicsVisva Bharati, Santiniketan2002
B.Sc. (Hons)Economics, Mathematics & StatisticsBurdwan University2000
Sponsored Research Projects
TopicFunding AgencyStart DatePeriod
Interlinkage of ecosystem services & human wellbeing to enhance climate smart landscapes Asia-Pacific Network2019-01Ongoing
Impact of weather variability on hill agriculture: A comparative study of Uttarakhand and HPICSSR, New Delhi2018-01Ongoing
Investments in knowledge & innovation and its impact on knowledge cluster & network in Indian citiesCHORD Division, DST2018-01Ongoing
The measurement of productive and economic efficiency of Indian insurersIRDAI, Hyderabad2018-01Ongoing
Understanding farmers risk perceptions and farm-level risk management policies in IndiaGlobal Development Network2015-01Ongoing
Willingness to pay for risk management against natural disasters: A study of selected UK districts IIT Roorkee2015-015 years 7 months
Participation in seminars
NamePlaceSponsored ByDate
23rd Asia-Pacific Risk and Insurance Association Annual ConferenceKonkuk Univ. & Sejong Univ., Seoul, KoreaIRDAI & IITR2019-01
APRIA-Nanyang Technological University’s Insurance Risk and Finance Research Centre Joint ConferenceSingaporeIIT Roorkee2018-01
21st Asia-Pacific Risk and Insurance Association Annual ConferencePoznan University of Economics and Business, Poznan, Poland IIT Roorkee (partial)2017-01
9th Biennial INSEE Conference Kerala Institute of Local Administration, Thrissur, IndiaIIT Roorkee2017-01
15th Intl. Conference on Data Envelopment Analysis Univ. of Economics, Prague, Czech RepublicIIT Roorkee2017-01
2016 Asia Meeting of the Econometric SocietyDoshisha University, Kyoto, JapanIIT Roorkee & ICSSR New Delhi2016-01
6th Conference of the Intl. Society for Integrated Disaster Risk Management (IDRIM-TIFAC 2015)New Delhi, IndiaIIT Roorkee2015-01
16th Annual Global Development Conference Casablanca, MoroccoGlobal Development Network2015-01
50th Annual Golden Jubilee Conference of the Indian Econometric Society (TIES) Mumbai, IndiaTIES (partial)2014-01
19th National and 9th International Conference of Insurance and Development Tehran, IranInsurance Research Centre, Tehran, Iran2012-01
8th Asia Pacific Productivity Conference King Mongkut’s Institute of Technology Ladkrabang, Bangkok, ThailandAPPC (partial)2012-01
16th Asia-Pacific Risk and Insurance Association Annual Conference Sungkyunkwan University, Seoul, South KoreaKyobo Life Travel Scholarship 2012-01
Enterprise Risk Management and Corporate Governance for Insurance Firms Conference EDHEC Business School, Lille, FranceEDHEC Business School2011-01
2nd World Risk and Insurance Economics Congress, WRIEC Singapore Management University, SingaporeAPRIA (partial) & Max New York Life India2010-01
13th Asia-Pacific Risk and Insurance Association Annual ConferenceChina Center for Insurance and Social Security Research (CCISSR), Peking University, Beijing, ChinaAPRIA (partial) & Max New York Life India2009-01
18th Triennial IFORS (International Federation of Operational Research Societies) ConferenceOperations Research Society of South Africa (ORSSA), Johannesburg, South AfricaIFORS & SRTT, India2008-01
12th Asia-Pacific Risk and Insurance Association Annual Conference Australian School of Business, University of New South Wales, Sydney, AustraliaAPRIA (partial) & Max New York Life India2008-01
11th Asia-Pacific Risk and Insurance Association Annual Conference National Chengchi University (NCCU), Taipei, TaiwanAPRIA (partial) & Max New York Life India2007-01
  • Asia Pacific Risk and Insurance Association, Board of Governors (2019-2022)
  • Indian Society for Ecological Economics (INSEE) , Life Member
  • The Indian Econometric Society (TIES), Life Member
  • Asia Pacific Risk and Insurance Association, Member (2016-2019)
  • The Econometric Society, Member (2015-2022)
Teaching Engagements
TitleCourse CodeClass NameSemester
Microeconomics IHSN 502MScAutumn
Microeconomics IIHSN 507MScSpring
Mathematics for EconomistsHSN 504MScAutumn
EconomicsHSS 01BachelorsAutumn
Building EconomicsHSN 352BachelorsSpring
EconomicsHSS 01BachelorsSpring
Financial EconometricsHSN 611MScSpring
Industrial EconomicsHSN 603MScAutumn
Econometric MethodsHSN 910Ph.D.Spring
Basic EconometricsHSN 509MScSpring
PHDs Supervised
TopicScholar NameStatus of PHDRegistration Date
Impact of environmental measures on export: A study of Indian shrimp and prawn exportsMs Savita GautamO2020-08
Mitigation of economic damages due to natural disasters: A study of risk financing in IndiaMr. Vikrant PanwarO2015-01
Micro-analysis of natural disasters impacts in Madhya PradeshMr. Ashish SharmaO2015-01
Pre-Ph.D. Course WorkSamar TyagiO2017-01
Pre-Ph.D. Course WorkHaron EndalewO2017-01
Pre-Ph.D. Course WorkRicha ChaudharyO2018-01
Pre PhD Course WorkShubhamO2018-01
Visits to outside institutions
Institute VisitedPurpose of VisitDate
IIDS, Kathmandu, NepalInstructor for Workshop on Econometrics and its Applications 2014-01-01
Freie Universität, BerlinAcademic exchange programme as a part of the DAAD project “Passage to India” between FU, Berlin and TERI University, New Delhi. 2013-01-01
Insurance in emerging markets: Determinants of growth and the case of climate changeCentre for Climate Change Economics and Policy, London School of Economics, London2020-08
Growth of Indian Insurance Industry and Determinants of Solvency2nd OECD – Asia Regional Expert Seminar on Insurance Statistics, OIC Thailand, Bangkok2020-08
Participation in short term courses
Couse NameSponsored ByDate
Eliciting Subjective Beliefs and Risk and Time Preferences in Developing CountriesCSAE, University of Oxford & CEAR, Georgia State University2020-08
Summer Institute for Advanced Study of Disaster and Risk Theory and Concept: the EssentialsBeijing Normal University, Beijing2020-08
Training Course on Environmental and Natural Resource EconomicsSANDEE jointly with UNEP RRC.AP, AIT Bangkok2020-08
Refereed Journal Papers

Journal Articles:

2020 “Effects of Climate Shocks on Ethiopian Rural Households: An Integrated Livelihood Vulnerbility Approach” Journal of Environmental Planning and Management DOI: (with Haron Agegnehu Endalew)

2020 “Fiscal Repercussions of Natural Disasters: Stylized Facts and Panel Data Evidences from IndiaNatural Hazards Review, Vol. 21, Issue 2: DOI: 10.1061/(ASCE)NH.1527-6996.0000369 (with Vikrant Panwar)

2019 “Disaster damage records of EM-DAT and DesInventar: A systematic comparisonEconomics of Disasters and Climate Change. DOI:  10.1007/s41885-019-00052-0 (with Vikrant Panwar)

2019 “Examining the economic impact of floods in selected Indian statesClimate and Development. DOI: 10.1080/17565529.2019.1614897 (with Vikrant Panwar)

2019 “Analysis of Cost Efficiency of Indian Life Insurers: A comparison of Quantity vs Value based DEA ApproachAsia-Pacific Journal of Risk and Insurance, Vol. 14, Issue 1: DOI:

2019 “The Economic Impact of Natural Disasters: An Empirical Re-Examination” Margin: The Journal of Applied Economic Research, Vol. 13, Issue 1; pages 109-139 (with Vikrant Panwar)

2013 Regional determinants of life insurance consumption: Evidence from selected Asian economies”, Asian Pacific Economic Literature, Vol. 27, Issue 2; pages 86 – 103 (DOI: 10.1111/apel.12024) (with S. Madheswaran)

2006 “Public horses vs private ponies: Structural analysis of the India insurance industry”, Journal of Insurance and Risk Management; Vol. V, No. 09; December; page 1-22 (with S. Madheswaran)

Working Papers:

2015 “Resilience of the Financial Sector: Study of three SAARC Economies” SANEI Working Paper Series No. 14 - 03, South Asia Network of Economic Research Institutes, Dhaka. (

2011 A decade of insurance services liberalization:  Search for factors contributing to Indian insurers performance Working paper series of the Geneva Association, Études et Dossiers No. 369, February; The Geneva Association.

2008 “Are life insurance demand determinants valid for selected Asian economies and India?” Madras School of Economics Working Paper; No. 36/2008; Madras School of Economics


2019 “Uttarakhand State Economic Survey 2016-17” Planning Commission, Government of Uttarakhand (with Atulan Guha, Abhradeep Maiti and Vaibhav Bhamoriya) (

Book Chapter:

2021 "Economic Consequences of Slow-  and Fast-Onset Natural Disasters: Empirical Evidences from India", in Chaiechi, T. (Ed.) "Economic Effects of Natural Disasters: Theoretical Foundations, Methods and Tools", Chapter 35, Pages 601-623, Academic Press, Elsevier (DOI:

2018 “Catastrophic Insurance in South Asia: Scope in India”, in Pal, I. and Shaw, R. (Editors) “Disaster Risk Governance in India and Cross Cutting Issues”, Chapter 16, Pages 339-359, Springer ISBN 978-981-10-3310-0 (Link:

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