Nottingham University Business School
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Professor Arijit Mukherjee

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BSc (University of Calcutta), MSc (Unviersity of Calcutta), PhD (Indian Statistical Institute), Higher Education Associate Teacher Certificate (SEDA/ILT (University of Keele)
Professor of Industrial Economics

Division: Industrial Economics
Centre/Institute: China Research Group
Tel: +44 (0) 115 8467820
Location: C01 (North Building, Jubilee Campus)

I am a Professor of Industrial Economics at the Nottingham University Business School, UK, with research interests in the area of Industrial organization and International trade and investment. My research works are mainly on Competition, Merger and acquisition, Innovation, Patent protection, International trade, Foreign direct investment, Outsourcing and Technology licensing.

Research Interests
Industrial organization, International trade and Investment

Administrative Roles
Division Head (Industrial Economics)
I am module convenor of the following modules:


The Economics of Strategy and Market Structure (N14192)

Details of all modules can be found on MyNottingham

External Exminerships & Validations
2013 - 2017    Cardiff Business School
2009 - 2013    Middlesex University Business School

International Collaborations, Organisation & Contributions
2017 - 2017    Joint Workshop between National Taiwan University, Taiwan, and National University of Kaohsiung, Taiwan, held at the National Taiwan University, Taiwan, on November 19, 2017
2017 - 2017    Presented a paper in "Seminar on Finance, Growth and Inequality" Univeristy of Calcutta, India
2016 - 2016    Invited to present a paer at "Competition and Market Authority"
2016 - 2016    Presented a paper in the conference "SMEs and Market: New Issues and Perspective of India and UK", University of Calcutta, India.
2015 - 2015    Invited to present a paper at the "Hitotsubashi Conference on International Trade and FDI 2015" Hitotsubashi University, Japan.
2011 - 2011    Presentation to Chinese delegates from the Shandong Province, China, on Interantional outsourcing at the University of Nottingham

Publications prior to 2005

Publications prior to 2005

Journal Articles

Marjit, S.; Kabiraj, T.; Mukherjee, A. (2004), "Future technology, incomplete information and international joint venture", Research in Economics.

Mukherjee, A.; Marjit, S. (2004), "R&D organisation and technology transfer", Group and Organization Management.

Mukherjee, A.; Pennings, E. (2004), "Imitation, patent protection and welfare", Oxford Economic Papers, Vol.56, pp. 715-733.

Mukherjee, A. (2003), "Does Society prefer small innovation", Economics Letters.

Mukherjee, A. (2003), "Foreign market entry and host-country welfare: a theoretical analysis", Arthaniti.

Mukherjee, A.; Broll, U.; Marjit, S. (2003), "Foreign direct investment, credible policy: the role of risk sharing", The International Trade Journal.

Mukherjee, A.; Kabiraj, T. (2003), "Bilateral merger: a note on Salant-Switzer-Reynolds Model", Journal of Quantitative Economics.

Mukherjee, A. (2002), "Subsidy and entry: the role of licensing", Oxford Economic Papers.

Marjit, S.; Mukherjee, A. (2001), "Technology Transfer under asymmetric information: the role of equity participation", Journal of Institutional and Theoretical Economics.

Marjit, S.; Shi, H.; Mukherjee, A. (2001), "Cooperation in R&D: the case of patent infringement agreements", Journal of Economic Behavior and Organization.

Mukherjee, A. (2001), "Technology trasfer with commitment", Economic Theory.

Mukherjee, A.; Balasubramanian, N. (2001), "Technology transfer in horizontally differentiated product market", Research in Economics.

Mukherjee, A.; Sengupta, S. (2001), "Joint ventures versus fully owned subsidiaries: multinational strategies in liberalizing economies", Review of International Economics.

Mukherjee, A. (2000), "Host-country policy - commitment or no-commitment: a theoretical analysis", Journal of Economic Policy Reform.

Mukherjee, A. (2000), "Incentive delegation and collusion", Seoul Journal of Economics.

Mukherjee, A.; Kabiraj, T. (2000), "Cooperation in R&D and production: a three firm analysis", Journal of Economics.

Mukherjee, A.; Marjit, S.; Mukherjee, V. (2000), "Harassment, corruption and tax policy", European Journal of Political Economy.

Kabiraj, T.; Roy, P.; Mukherjee, A. (1999), "Technology transfer, merger and joint venture: a comparative welfare analysis", Journal of Economic Integration, Vol.14 (3), pp. 442-466.

Mukherjee, A.; Kabiraj, T.; Mukhopadhyay, S. (1999), "Technology transfer in duopoly: the role of cost asymmetry", International Review of Economics and Finance, Vol.8 (4), pp. 363-374.

Mukherjee, A.; Marjit, S. (1998), "Technology collaboration and foreign equity participation: a theoretical analysis", Review of International Economics, Vol.6 (1), pp. 142-150.

Marjit, S.; Mukherjee, A. (1997), "Theory of harassment and corruption", Journal of Financial Management and Analysis.

Publications from 2005 to the present day

Journal Articles

Basak, D.; Mukherjee, A. (2018), "Labour unionisation structure and product innovation", International Review of Economics and Finance, Vol.55, pp.98-110.

Cao, J.; Mukherjee, A. (2018), "Foreign direct investment, unionised labour markets and welfare", International Review of Economics and Finance, forthcoming 2018.

Mukherjee, A.; Sinha, U.B. (2018), "Export cartel and consumer welfare", Review of International Economics, forthcoming 2018.

Basak, D.; Mukherjee, A. (2017), "Price vs. quantity competition in a vertically related market revisited", Economics Letters, Vol.153, pp.12-14.

Beladi, H; Mukherjee, A, (2017), "Union bargaining power, subcontracting and innovation", Journal of Economic Behavior and Organization, Vol.137, 90-104.

Cao, J.; Mukherjee, A., Sinha, U.B. (2017), "Firm-asymmetry and strategic outsourcing", International Review of Economics and Finance, forthcoming 2017.

Han, T.-D.; Mukherjee, A. (2017), "Labour unionisation structure, innovation and welfare", Journal of Institutional and Theoretical Economics, Vol.137(2), 279-300.

Mukherjee, A, (2017), "Firm-productivity and export under non-constant marginal costs", Economics Bulletin, Vol.37(2), 911-917.

Tsai, Y: Mukherjee, A, (2017), "Domestic Patenting Systems and Foreign Licensing Choices", Journal of Economics, Vol.121 (2), pp. 173-191.

Zanchettin, P, Mukherjee, A, (2017), "Vertical integration and product differentiation", International Journal of Industrial Organization.

Basak, D.; Mukherjee, A. (2016), "Social efficiency of entry in a vertically related industry", Economics Letters, Vol.139, pp.8-10.

Cao, J.; Mukherjee, A. (2016), "Market power of the input supplier, technology transfer and consumer welfare", The Manchester School, forthcoming 2016.

Chen, J.; Mukherjee, A.; Tsai, Y. (2016), "Host market competition, foreign FDI and domestic welfare", International Review of Economics and Finance, Vol.42, 13-22.

Chen, L.; Hwang, H.; Mukherjee, A.; Shih, C. (2016), "Tariffs, technology licensing and adoption", International Review of Economics and Finance, Vol.43, 234-240.

Chowdhury, M.; Mukherjee, A. (2016), "Labour market integration and innovation: the implications on consumers", The Manchester School, Vol.84(6), 771-794.

Liu, C.; Mukherjee, A.; Wang L, F. (2016), "Product market cooperation, entry and consumer welfare", International Review of Economics and Finance, Vol.44, 277-280.

Yang, L.; Tsai, Y.; Mukherjee, A. (2016), "Intellectual property rights and the quality of transferred technology in developing countries", Review of Development Economics, Vol.20(1), 239-249.

Dijkstra, B.; Mukherjee, A.; Mathew, A. (2015), "Privatization in the presence of foreign competition and strategic policies", Journal of Economics, Vol.114, pp. 271-290.

Liu, C.; Mukherjee, A.; Wang L, F. (2015), "Horizontal merger under strategic tax policy", Economics Letters, Vol.136, pp. 184-186.

Marjit, S.; Mukherjee, A. (2015), "Endogenous market structure, trade cost reduction and welfare", Journal of Institutional and Theoretical Economics, Vol.119, pp. 493-511.

Mukherjee, A.; Sinha, U. (2015), "Competition, foreign direct investment and welfare", Economics Letters, Vol.139, pp. 43-45, doi:10.1016/j.econlet.2015.12.013.

Mukherjee, A.; Tsai, Y. (2015), "Does two-part tariff licensing agreement enhance both welfare and profit?", Journal of Economics, Vol.116, pp. 63-76.

Basak, D.; Mukherjee, A. (2014), "Optimal contract under brand name collaboration", Economic Modelling, Vol.37, pp. 238-240.

Dinda, S.; Mukherjee, A. (2014), "A note on the adverse effect of competition on consumers", Journal of Public Economic Theory, Vol.16, pp. 157-163.

Mukherjee, A. (2014), "Licensing under convex costs", Journal of Economics, Vol.111, pp.289-299.

Mukherjee, A. (2014), "Patent proctection under endogenous product differentiation", Asia-Pacific Journal of Accounting and Economics, Vol.21 (1), pp. 78-93, (Special Issue, Edited by James E. Rauch).

Mukherjee, A.; Bagchi, A. (2014), "Technology Licensing in a differentiated oligopoly", International Review of Economics and Finance, Vol.29, pp. 455-465.

Mukherjee, A.; Bandyopadhyay, S. (2014), "R&D cooperation with entry", The Manchester School, Vol.82 (1), pp. 52-70.

Mukherjee, A.; Mathew, A. (2014), "Intellectual property rights, southern innovation and foreign direct investment", International Review of Economics and Finance, Vol.31, pp. 128-137.

Mukherjee, A.; Neogi, C. (2014), "Vertical technology transfer and the welfare implications of patent protection", Research in Economics, Vol.68 (3), pp. 239-247.

Mukherjee, A.; Ray, A. (2014), "Entry, profit and welfare under asymmetric R&D costs", The Manchester School, Vol.82 (3), pp. 284-2985.

Mukherjee, A.; Sinha, U. (2014), "Can cost asymmetry be a rationale for privatisation?", International Review of Economics and Finance, Vol.29, pp. 497-503.

Mukherjee, A.; Tsai, Y. (2014), "Managerial delegation, cost asymmetry and social efficiency of entry", Economic Record, Vol.90, pp. 90-97.

Wang, L.F.; Mukherjee, A. (2014), "Patent protection, innovation and technology licensing", Australian Economic Papers, Vol.53, pp. 245-254.

Mukherjee, A. (2013), "Technology licensing under optimal tax policy", Journal of Economics, Vol.vol 108 (3), pp. 231-247.

Mukherjee, A. (2013), "Endogenous domestic market structure and the effects of a trade cost reduction in a unionised industry", Economic Modelling, Vol.32, pp. 30-33.

Mukherjee, A.; Chowdhury, R. (2013), "Innovation and social desirability of Merger", Economics Bulletin, Vol.33 (1), pp. 348-360.

Mukherjee, A.; Guariglia, A.; Suetrong, K. (2013), "Productivity differences and strategic plant location", The Manchester School, Vol.81 (5), pp. 712-729.

Mukherjee, A.; Liu, Y. (2013), "The effects of trade liberalisation in a vertical structure", Review of International Economics, Vol.21 (5), pp. 966-973.

Mukherjee, A.; Maiti, D. (2013), "Trade liberalisation, subcontracting and unionised wage", Labour Economics, Vol.21, pp. 103-110.

Mukherjee, A.; Maiti, D. (2013), "Governance, foreign direct investment and domestic welfare", International Review of Economics and Finance, Vol.29, pp. 406-415.

Mukherjee, A.; Marjit, S. (2013), "Foreign competition and social efficiency of entry", Economic Modelling, Vol.32, pp. 108-112.

Mukherjee, A.; Mukherjee, S. (2013), "Technology Licensing and Innovation", Economics Letters, Vol.120, pp. 499-502.

Mukherjee, A.; Sinha, U. (2013), "Patent protection, southern innovation and welfare in a North-South trade model", Economica, Vol.80 (138), pp. 248-273.

Mukherjee, A.; Suetrong, K. (2013), "Privatization, incentive delegation and goreign direct investment", Open Economies Review, Vol.24 (4), pp. 657-676.

Mukherjee, A.; Tsai, Y. (2013), "Multi-sourcing as an entry deterrence strategy", International Review of Economics and Finance, Vol.25, pp. 108-112.

Mukherjee, A.; Wang L, F. (2013), "Labour union, entry and consumer welfare", Economics Letters, Vol.102, pp. 603-05.

Basak, D.; Mukherjee, A. (2012), "Patent protection and innovation in a vertical structure", Economics Bulletin, Vol.32 (1), pp. 837-842.

Beladi, H.; Mukherjee, A. (2012), "Market structure and strategic bi-sourcing", Journal of Economic Behavior and Organization, Vol.82, pp. 210-219.

Mukherjee, A. (2012), "Social efficiency of entry with market leaders", Journal of Economics and Management Strategy, Vol.21 (2), pp. 431-444.

Mukherjee, A. (2012), "Endogenous cost asymmetry and insufficient entry in the absence of scale economies", Journal of Economics, Vol.106, pp. 75-82.

Mukherjee, A. (2012), "Product market competition, open shop union and wage", Journal of Economics, Vol.107, pp. 183-190.

Mukherjee, A.; Beladi, H. (2012), "Footloose foreign firm and profitable domestic merger", Journal of Economic Behavior and Organization, Vol.83 (2), pp. 186-194.

Mukherjee, A.; Broll, S.; Mukherjee, S. (2012), "Bertrand versus Cournot competition in a vertical structure: a note", The Manchester School, Vol.80 (5), pp. 545-559.

Mukherjee, A.; Mukherjee, S. (2012), "Governance and foreign direct investment: is there a two-way relationship", Trade and Development Review, Vol.5, pp. 37-51.

Mukherjee, A.; Suetrong, K. (2012), "Unionisation structure and outward foreign direct investment", Journal of Institutional and Theoretical Economics, Vol.168 (2), pp. 266-279.

Mukherjee, A.; Suetrong, K. (2012), "Trade cost reduction and foreign direct investment", Economic Modelling, Vol.29 (5), pp. 1938-1945.

Mukherjee, A.; Wang L, F. (2012), "Undesirable competition", Economics Letters, Vol.114 (2), pp. 175-177.

Mukherjee, A.; Zhao, L. (2012), "Profitable parallel trade in unionized markets", Journal of Economics, Vol.107, pp. 267-76.

Mukherjee, A. (2011), "Competition, innovation and welfare", The Manchester School, Vol.79 (6), pp. 1045-1057.

Mukherjee, A.; Bagchi, A. (2011), "Commitment and excess capacity with licensing: an old debate with a new look", Journal of Economics, Vol.103 (2), pp. 133-147.

Mukherjee, A.; Dijkstra, B.; Mathew, A. (2011), "Environmental regulation: an incentive for foreign direct investment", Review of International Economics, Vol.19 (3), pp. 568-578.

Mukherjee, A.; Dinda, S. (2011), "International outsourcing, tax and patent protection", Journal of Public Economic Theory, Vol.13 (1), pp. 139-154.

Mukherjee, A.; Hek, P. (2011), "Joint venture buy-outs under uncertainty", Journal of Industrial Economics, Vol.59 (1), pp. 155-176.

Mukherjee, A.; Pennings, E. (2011), "Unionization structure, licensing and innovation", International Journal of Industrial Organization, Vol.29, pp. 232-241.

Mukherjee, A.; Wang, L. (2011), "The winner curse and social inefficiency: double whammy of R&D tournament", Journal of Technology Management & Innovation, Vol.6 (4), pp. 73-79.

Mukherjee, A. (2010), "Competition and welfare: the implications of licensing", The Manchester School, Vol.78 (1), pp. 20-40.

Mukherjee, A. (2010), "External economies of scale and insufficient entry", Journal of Industry, Competition and Trade, Vol.19, pp. 151-160.

Mukherjee, A. (2010), "Price discrimination in oligopoly with asymmetric firms", Economics Bulletin, Vol.30 (4), pp. 2668-2670.

Mukherjee, A. (2010), "Product market cooperation, profits and welfare in the presence of labor union", Journal of Industry, Competition and Trade, Vol.10 (2), pp. 151-160.

Mukherjee, A. (2010), "Licensing a new product: fee vs. royalty licensing with unionized labor market", Labour Economics, Vol.17 (4), pp. 735-742.

Mukherjee, A. (2010), "A note on firm-productivity and foreign direct investment", Economics Bulletin.

Mukherjee, A.; Bagchi, A. (2010), "Licensing and patent protection", Economics Bulletin.

Mukherjee, A.; Banerjee, S. (2010), "Joint venture instability under entry", International Review of Economics and Finance.

Mukherjee, A.; Tsai, Y. (2010), "International outsoucing and welfare reduction: an entry deterrence story", The Manchester School, Vol.78 (6), pp. 647-659.

Mukherjee, A. (2009), "Excessive entry in a bilateral oligoply", Economics Bulletin, Vol.29, pp. 199-204.

Mukherjee, A. (2009), "Licensing by an outside innovation in an unionized labor market: the case of a positive opportunity cost", Arthaniti.

Mukherjee, A.; Broll, U.; Mukherjee, S. (2009), "The welfare effects of entry: the role of the input market", Journal of Economics, Vol.98 (3), pp. 189-201.

Mukherjee, A.; Haque, M. (2009), "Revenue-enhancing trade liberalization in developing countries", Economics Bulletin, Vol.29 (3), pp. 2275-2281.

Mukherjee, A.; Marjit, S. (2009), "Firm productivity and foreign direct investment: a non-monotonic relationship", Economics Bulletin, Vol.29 (1), pp. 230-237.

Mukherjee, A.; Ray, A. (2009), "unsuccessful paten applicaton and cooperative R&D", Journal of Economics, Vol.97 (3), pp.pp, 251-263.

Mukherjee, A.; Suetrong, K. (2009), "Privatization, strategic foreign direct investment and host country welfare", European Economic Review, Vol.53 (7), pp. 775-785.

Mukherjee, A.; Zhao, L. (2009), "Profit raising entry", Journal of Industrial Economics.

Mukherje, A. (2008), "Unionized labor market and strategic production decision of a multinational", Economic Journal.

Mukherjee, A. (2008), "Firm productivity, foreign direct investment and the host-country welfare: trade cost vs. cheap labor", Economics Bulletin, Vol.6 (23), pp. 1-8.

Mukherjee, A. (2008), "Patent protection and R&D with endogenous market structure", Journal of Industrial Economics.

Mukherjee, A.; Broll, U.; Mukherjee, S. (2008), "Unionized labor market and licensing by a monopolist", Journal of Economics.

Mukherjee, A.; Marjit, S. (2008), "Profit reducing international outsourcing", Journal of International Trade and Economic Development.

Mukherjee, A.; Marjit, S. (2008), "International outsourcing and R&D: Long run implications for consumers", Review of International Economics, Vol.16 (5), pp. 1010-1022.

Mukherjee, A.; Mukherjee, S. (2008), "Excess-entry theorem: the implications of licensing", The Manchester School, Vol.76 (6), pp. 675-689.

Davidson, C.; Mukherjee, A. (2007), "Horizontal mergers with free entry", International Journal of Industrial Organization, Vol.21 (5), pp. 607-623.

Mukherjee, A. (2007), "Note on a generalized wage rigidity result", Economics Bulletin, Vol.10 (12), pp. 1-9.

Mukherjee, A. (2007), "Optimal licensing contract in a open economy", Economics Bulletin, Vol.12 (3), pp. 1-6.

Mukherjee, A. (2007), "Irrelevance of productivity difference: a case with labor union", Economics Bulletin, Vol.10 (17), pp. 1-8.

Mukherjee, A. (2007), "Entry in a Stackelberg perfect equilibrium", Economics Bulletin, Vol.12 (33), pp. 1-6.

Mukherjee, A.; Banerjee, S. (2007), "knowledge spillover and information sharing: the case of uncertain R&D", Indian Economic Journal.

Mukherjee, A.; Broll, U. (2007), "Welfare effects of foreign direct investment: cost sving vs. signalling", Journal of Economics, Vol.90 (1), pp. 29-43.

Mukherjee, A.; Ray, A. (2007), "Strategic outsourcing and R&D in a vertical structure", The Manchester School, Vol.75 (3), pp. 297-310.

Mukherjee, A.; Ray, A. (2007), "Patents, imitation and welfare", Economics of Innovation and New Technology, Vol.16 (3), pp. 227.

Mukherjee, A.; Sinha, U. (2007), "Knowledge diffusion under patent with asymmetric firms", Economics Bulletin, Vol.12 (9), pp. 1-6.

Mukherjee, A.; Sinha, U. (2007), "Welfare-reducing domestic cost reduction", Review of International Economics, Vol.15 (2), pp. 294-301.

Mukherjee, A. (2006), "Cross-border merger and domestic welfare", Economics Bulletin, Vol.6, pp. 1-8.

Mukherjee, A. (2006), "Patents and R&D with imitation and licensing", Economics Letters, Vol.93 (2), pp. 196-201.

Mukherjee, A.; Pennings, E. (2006), "Tariffs, licensing and market structure", European Economic Review, Vol.50 (7), pp. 1699-1707.

Mukherjee, A.; Ray, A. (2006), "The welfare implications of product patent: a simple model", International Journal of Business, Vol.17, pp. 30-38.

Mukherjee, A. (2005), "Innovation, Licensing and welfare", The Manchester School, Vol.73 (1), pp. 29-39.

Mukherjee, A. (2005), "Price and quantity competition under free entry", Research in Economics, Vol.59, pp. 335-344.

Mukherjee, A.; Haque, M. (2005), "On the revenue implications of trade liberalization under imperfect competition", Economics Letters, Vol.82 (1), pp. 83-89.

Mukherjee, A.; Mukherjee, S. (2005), "Foreign competition with licensing", The Manchester School, Vol.73 (6), pp. 653-663.


Mukherjee, A. (2013), ed Wages and employment: economics, structure and gender differences, Nova Science Publishers.

Chapters in Books

Mukherjee, A. (2012), "Regulation as a Protectionist Strategy", in J.M Carcillo (ed) Developing Economies: Innovation, Investment and Sustainability, Nova Science.

Mukherjee, A. (2010), "Licensing in a vertical structure", in B A Everett, N L Trijillo (ed) Technology Transfer and Intellectual Property Issues, Nova Sciences, also in Progress in Economics Research, Vol 8, A, Tavidze (ed).

Mukherjee, A. (2010), "Licensing in the theory of cooperative R&D", in N Ekekwe (ed) Nanotechnology and Microelectronics: Global Diffusion, Economics and Policy, IGI Global.

Mukherjee, A. (2009), "Technology licensing", in R S Rajan, K A Reinert (ed) Princeton Encyclopaedia of the world economy, Princeton University Press.

Mukherjee, A. (2009), "Intellectual property rights and foreign direct investment: the implications of labor union", in H G Blaine (ed) Foreign Direct Investment, Nova Sciences Publisher.

Mukherjee, A.; Marjit, S.; Kabiraj, T. (2008), "Quota as a competitive device", in T, Kamihigashi, L, Zhao (ed) International Trade and Economic Dynamics, Springer Verlag.

Mukherjee, A.; Marjit, S.; Sengupta, S. (2006), "Foreign shareholding and trade policy", in Economics of Globalisation, M, Chatterji, P, Gangopadhyay.



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Jubilee Campus

telephone: +44 (0) 115 846 6602
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