Paramati, Sudharshan Reddy

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Prof Sudharshan Reddy Paramati

Director of Doctoral Studies, School of Business


Prof Sudhu Paramati is a Chair Professor of Financial Economics and Climate Change at the School of Business in the University of Dundee, the UK. He was an Associate Professor of Finance at the Jiangxi University of Finance and Economics, Nanchang, China. He worked as a Sessional Staff/Tutor at the Department of Accounting, Finance and Economics in the Griffith University, Australia. He was also a Senior Research Analyst at the National Institute of Financial Management (NIFM), Ministry of Finance, Govt. of India, and Indian Institute of Technology Kanpur (IITK), India.

He is a Fellow of British Higher Education Academy (HEA)/Advance Higher Education (AHE). He received his PhD in Finance from the Griffith University, Australia. Further, he holds M.Phil. in Financial Economics and M.A. in Applied Economics from the University of Hyderabad, and Pondicherry University, India, respectively. He obtained his Bachelor (BA) degree from the Silver Jubilee Residential Degree College, Kurnool, AP, India.

He has published over 60 international peer reviewed journal articles such as Review of Quantitative Finance and Accounting, Energy Economics, Economic Modelling, Tourism Management, Annals of Tourism Research, Journal of Travel Research, Journal of Sustainable Tourism, Emerging Markets Review, Transportation Research Part D: Transport and Environment, Applied Economics, Economic Analysis and Policy, Structural Change and Economic Dynamics, Emerging Markets Finance and Trade, Applied Economics Letters, Australian Economic Papers, Applied Energy, Renewable Energy, Energy, etc.

He has been listed in Top 50 Young Economists in the world by the RePEc. Three of his co-authored papers have received the Highest Citations awards from the respective journals:

  • Bhattacharya, M., Paramati, S. R., Ozturk, I., & Bhattacharya, S. (2016). The effect of renewable energy consumption on economic growth: Evidence from top 38 countries. Applied energy, 162, 733-741.
  • Paramati, S. R., Alam, M. S., Hammoudeh, S., & Hafeez, K. (2021). Long‐run relationship between R&D investment and environmental sustainability: Evidence from the European Union member countries. International Journal of Finance & Economics, 26(4), 5775-5792.
  • Alam, M. S., Apergis, N., Paramati, S. R., & Fang, J. (2021). The impacts of R&D investment and stock markets on clean‐energy consumption and CO2 emissions in OECD economies. International Journal of Finance & Economics, 26(4), 4979-4992.

        He was also awarded with ‘Prof M.J. Manohar Rao Young Economist Award for the 2016 by the Indian Econometric Society, India’ and received ‘Outstanding Contribution Award, for the year 2016 from the Jiangxi University of Finance and Economics, China.

      His research has a significant impact on the policy making. More specifically, his research papers have been referred in numerous policy oriented research papers by the United Nations (UN), World Bank (WB), International Monetary Fund (IMF), Asian Development Bank (ADB), etc. He has over 6350 citations and his h-index and i-10 index are 34 and 56, respectively.


  • BU51019 – International Business Finance (MSc)
  • BU51011 – International Banking System (MSc)


His current research focuses on the following areas:

  • Asset pricing
  • Financial market integration
  • Housing affordability
  • Energy and carbon finance
  • Issues on sustainable economic development

Present PhD Supervision

  • Deepti Sri Vellingiri Saravanan (Energy markets in China and India)
  • Joy Yakubu (Child immunization and mortality in Nigeria)
  • Sara Alhussini (Political risk and financial markets’ co-movements)

I am available for PhD supervision.

Expertise related to UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):

  • SDG 3 - Good Health and Well-being
  • SDG 4 - Quality Education
  • SDG 6 - Clean Water and Sanitation
  • SDG 7 - Affordable and Clean Energy
  • SDG 8 - Decent Work and Economic Growth
  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 10 - Reduced Inequalities
  • SDG 12 - Responsible Consumption and Production
  • SDG 13 - Climate Action
  • SDG 16 - Peace, Justice and Strong Institutions

Education/Academic qualification


1 Sept 201830 Sept 2021

Award Date: 30 Sept 2021

Doctor of Philosophy, Essays on the determinants of stock market interdependence, Griffith University Queensland

19 Mar 201218 Sept 2015

Award Date: 8 Jun 2016

Master of Philosophy, Are stock prices predictable?, University of Hyderabad

1 Jul 200830 Jun 2009

Award Date: 1 Oct 2009

Master of Arts, An empirical analysis of monetary policy reaction function in India, Pondicherry University

1 Jul 200631 May 2008

Award Date: 31 May 2008

Bachelor of Arts, Economics, History and Political Science , Sri Krishnadevaraya University India

1 Jul 200330 Apr 2006

Award Date: 31 May 2006

PGCert THE, Fellow of Higher Education Academy (UK)

1 Sept 201830 Sept 2021


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