Thiagu Ranganathan
QualificationPh.D. (IIT Bombay)
Academic AffiliationFull Time Faculty

Prof. Ranganathan works in the area of Economics. He did his Ph.D. from Indian Institute of Technology (IIT) Bombay. His thesis analyzed hedging and price risk management strategies using soybean futures for farmers and processors. His previous experience was in the Agricultural Economics Research Unit (AERU) at the Institute of Economic Growth (IEG), New Delhi. He has worked on various research projects funded by the Ministry of Agriculture (MoA), International Labour Organisation (ILO), Australian Centre for International Agricultural Research (ACIAR), and Indian Council of Social Science Research (ICSSR). His current research involves work in the topics related to knowledge formation among farmers, and the impact of climate change on rural livelihoods. He has coordinated workshops on “Rural Livelihoods and Wellbeing” and “Impact Evaluation Methods for Research in Climate Change and Agricultural Economics”. He also has significant years of experience in the corporate and development sector.

Research Interests 

Agricultural Economics, Development Economics, Behavioural Economics, and Impact Evaluation 

Teaching Interests

Managerial Economics, Behavioural Economics, Development Economics, and Game Theory


Ranganathan, T. Antibiotic Treatments for Short-Term Morbidity in India. Economic and Political Weekly. Forthcoming.

Ranganathan, T., Tripathi, A., and Pandey, G. Income Mobility Among Social Groups in Indian Rural Households. Economic and Political Weekly. Forthcoming.

Ranganathan, T., Gaurav, S. and Singh, A. Anomaly in Decision Making Under Risk: Violation of Stochastic Dominance among Farmers in Gujarat, India. IIMB Management Review. Forthcoming.

Ranganathan T. and Ananthakumar, U. (2017). Hedging in Presence of Crop Yield, Crop Revenue, and Rainfall Insurance. Journal of Quantitative Economics. 15(1), pp.151-71.

Ranganathan, T., Gaurav, S. and Singh, A. (2016). Demand for Price Insurance among Farmers in India: A Choice Experiment-Based Approach. Margin: The Journal of Applied Economic Research. 10(2), pp.198-224.

Ranganathan, T. (2015). Farmers’ Income in India: Evidence from Secondary Data. Agricultural Situation in India. 72(3), pp. 30-70.

Ranganathan, T. (2015). Risk and Risk Management in Rainfed Agriculture, In Devi Prasad et al. (Eds), Agricultural Risk Management. BSP Books Pvt. Ltd, Hyderabad.

Ranganathan, T. and Ananthakumar, U. (2014). Market Efficiency in Indian Soybean Futures Markets. International Journal of Emerging Markets. 9(4), pp.520-34.

Ranganathan, T. and Ananthakumar, U. (2014). Does Hedging in Indian Futures Market benefit Farmers? Studies in Economics and Finance. 31(3), pp.291-308.

Ranganathan, T. and Gaurav, S. (2013). An Inquiry into the Composition of Farm Revenue Risk: The Case of Six Western Vidarbha Districts. Economic and Political Weekly. 48(26:27), pp. 125-28.

Singh, A.,   Gaurav, S.   andRanganathan, T.   (2012). Do   Caste   Affiliation   and   Social Interactions Affect Risk Attitudes and Adoption of Innovations?  Evidence from Rainfall Insurance Adoption in Gujarat, India. ILO MicroinsuranceInnovation Facility Research PaperNo.25.

Under Review

Ranganathan, T., Gaurav, S. and Halder, I.I.  Patterns of Pesticide Usage by Cotton Farmers in India: Changes over a Decade.

Ranganathan, T. Antibiotic Treatments for Short-TermMorbidity in India.

Ranganathan, T., Ranjan, R.  andPradhan, D.  Living with Water Scarcity:  Livelihoods of Rural Households in Bihar and West Bengal, India.

Ranganathan, T., Pandey, G.  Who Leaves the Farm Land Fallow andWhy?  An Empirical Investigation using Nationally Representative Survey Data in India.

Anik, A.R., Ranjan,  R.  andRanganathan, T.   Understanding  the  Impact of Increasing Environmental Stress on Rural Livelihood Options in Banglade