Welcome to MIDS - A National Institute for Social Science Research
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 

 

 

L Venkatachalam
Professor
Madras Institute of Development Studies
79, Second Main Road, Gandhinagar,
Adyar, Chennai - 600 020
Tamil Nadu, INDIA.

E-mail: venkat@mids.ac.in / venkatmids@gmail.com

Tel: 0091-44-24412589 / 24419771 Extn: 328; Fax: 0091 - 44 - 24910872
 

Academic Qualifications 

  • Ph.D in Economics from University of Madras (through Madras Institute of Development Studies), Chennai (2002).

  • M.Phil in Economics from Annamalai University, Tamil Nadu (1992). 

  • M.A. in Economics from Annamalai University, Tamil Nadu (1990).


Research and Teaching Interests

Environmental Economics; Behavioral Economics; Economic Theory.


Academic Awards and Fellowships

  1. ICSSR-NWO Visiting Fellow, Environmental Economics and Natural Resources Group, Wageningen University, the Netherlands, April 2013 –May, 2013

  2. Fulbright-Nehru Senior Research Fellow, Department of Agricultural and Resource Economics, University of California at Berkeley, United States of America, September 2009 –April, 2010.

  3. Visiting Fellow, Fondation Maison des Sciences de l’homme (FMSH), Paris, France, Indo-France Cultural Exchange Programme, September- October, 2007.

  4. Japanese Award for Outstanding Research on Development,  Eighth Annual Global Development Network Conference, Beijing, China,  January, 2007

  5. Visiting Fellow, University of British Columbia, Vancouver, Canada, Indo-Canadian Studies Faculty Research Programme, June - July, 2006.

  6. Visiting Fellow, Cornell University, Ithaca, United States of America, March – April, 2004;

  7. Visiting Fellow, Overseas Development Group, University of East Anglia, United Kingdom, October 1997;

  8. Young Scientist Fellowship, World Water Week, Stockholm, Sweden, August, 1996.

  9. Reserve Bank of India Doctoral Fellowship: 1992-1996;

  10. The 42nd All India Economics Conference Prize for outstanding performance in the subject of economic growth in M. A. Economics;

  11. Thiru S. R. N. Badri Rao Endowment Prize for outstanding performance in M. A. Economics;

  12. The Sir. J. Simson Prize for outstanding performance in M. A. Economics;

  13. The Sir. Nataraja Gold Medal for outstanding performance in M. A. Economics.


Work Experience 

  • Professor, Madras Institute of Development Studies, Chennai, from 31st August, 2015 onwards.

  • Associate Professor of Economics at Madras Institute of Development Studies, Chennai, from 1 December, 2006 till 30th August 2015.

  • Assistant Professor of Economics at the Institute for Social and Economic Change, Bangalore, from 29 August, 2002 till 30 November, 2006.

  • Consultant- Environmental Economist on the World Bank Assisted Water Resources Consolidation Project at the Water Resources Organisation, Public Works Dept. Government of Tamil Nadu from 1st August, 2001 to 28th August, 2002.

  • Research Associate at Madras School of Economics, Chennai from 1 December, 2000 to 31 July, 2001.

  • Consultant Environmental Economist for the Environmental Economics Component of the World Bank Aided India: Environmental Management Capacity Building Technical Assistance Project in the Ministry of Environment and Forests, Government of India, New Delhi from 24 June, 1998 to July 27, 2000.


Visiting Faculty Positions

  1. Visiting Faculty, Indian Institute of Management, January 2016 to April, 2016.

  2. Visiting Faculty, Madras School of Economics, August 2015 - January, 2016

  3. Visiting Faculty, Indian Institute of Management, Kozhikode, January 2015 - March 2015.

  4. Visiting Faculty, Department of Economics, Central University of Tamil Nadu, Thiruvarur from March 2014 - April 2014

  5. Visiting Faculty, Department of Economics, University of Madras, March, 2014.

  6. Visiting Faculty, Indian Maritime University, Chennai, September 2013 –December 2013.

  7. Indian Council for Cultural Relations (ICCR) Chair Professor, National Chengchi University, Taipei, Taiwan, September 2012 – January, 2013.

  8. Visiting faculty, Department of Engineering Design, IIT, Chennai, September –November, 2011

  9. Visiting Faculty, Madras School of Economics, Chennai, during July 2011 –May, 2012.

  10. Visiting Faculty Indian Maritime University (Central University), Chennai, during September 2010 – April, 2011.

  11. Visiting Faculty Centre for Water Resources, Anna University, Chennai,  during October 2008;

  12. Visiting Faculty Madras School of Economics, Chennai during October- November 2007;

  13. Visiting Faculty Public Policy Centre, IIM, Bangalore, May, 2004.

  14. Visiting Faculty, Department of Environmental Sciences, Bangalore University, Bangalore, during 2003 -2006.


List of Publications

a) Books

S. Janakarajan, L. Venkatachalam and R. Maria Saleth (Eds.) (forthcoming). Indian Economy in Transition: Emerging Issues and Challenges, Sage Publications, New Delhi

L. Venkatachalam (Ed.) (2007). Environment, Sustainable Development and Human Well-Being, MIDS Publicaiton, Chennai.


(b) Journal Articles

  1. Venkatachalam, L and Jayanthi M (2016). Willingness to Pay (WTP) for Improved Ecosystem Services of Pallikaranai Marshland: A Contingent Valuation Approach, Review of Development and Change, Forthcoming.

  2. Balooni, K and L. Venkatachalam (2016). Managing Water for Sustainable Development: An Indian Perspective, Society and Management Review, 5 (1): vii–xiii.

  3. Bahinipati, C. S. and L. Venkatachalam (2016). ‘Role of Climate Risks and Socio-Economic Factors in Influencing the Impact of Climatic Extremes: A Normalisation Study in the Context of Odisha, India,’ Regional Environmental Change, 16 (1): 177 – 188.

  4. Bhide, Shashanka, L. Venkatachalam and M. Vijayabaskar (2015). Promises and Challenges in India’s Manufacturing Sector:An Overview, Review of Development and Change, 20 (2): 3 14.

  5. Venkatachalam, L (2015). Environmental Implications of the Manufacturing Sector: A Case Study of Textile Manufacturing in Tiruppur, Tamil Nadu, India, Review of Development and Change, 20 (2): 165 – 175.

  6. Bahinipati, C, S and L. Venkatachalam (2015). ‘What Drives Farmers to Adopt Farm-level Adaptation Practices to Climate Extremes: Empirical Evidence from Odisha, India’, International Journal of Disaster Risk Reduction, 14 (4): 347 – 356.

  7. Biswas, Durba and L. Venkatachalam (2015). ‘Farmers' Willingness to Pay for improved irrigation water-A case study of Malaprabha Irrigation Project in Karnataka, India,’ Water Economics and Policy, 1 (1): 1450004-1 1450004-24.

  8. Venkatachalam, L (2015). ‘Informal Water Markets and Willingness to Pay for Water: A Case Study of Urban Poor in Chennai City, India’, International Journal of Water Resources Development, 31 (1): 134 – 145.

  9. Kumar, Dinesh M., Nitin Bassi, M V K Sivamohan and L. Venkatachalam (2013). ‘Agriculture in West Bengal: Can the New Policies Trigger a Second Green Revolution?’ Development and Change, 18 (1): 37–51.

  10. Venkatachalam, L and A. Narayanamoorthy(2012). ‘Estimating Economic Value of Irrigation Water Through Contingent Valuation Method: Results from Bhavani River Basin, Tamil Nadu’, Indian Journal of Agricultural Economics, 67 (3): 308 – 315.

  11. Venkatachalam, L (2011). The ‘Hidden Failure of ‘Successful Institutions’:  The Case of Community Management of Common Pool Resources (CPRs)’, Economic and Political Weekly, 46 (31): 103 107.

  12. Venkatachalam, L (2008). Role of Information on Water Quality in Influencing Household Behavior: A Case Study in a Peri-urban Context, Journal of Urban Policy, 3 (2): 7 15.

  13. Venkatachalam, L (2008). Behavioral Economics for Environmental Policy, Ecological Economics, 67 (4):640 – 645.

  14. Venkatachalam, L(2008). Theories of Failure, Failure of Theories and Non-Market Valuation: A Survey, International Journal of Ecological Economics and Statistics, 11 (S08): 114 – 133.

  15. Venkatachalam, L (2007) Environmental Economics and Ecological Economics: Where They Can Converge? Ecological Economics (Elsevier), 61(2-3): 550 –558.

  16. Venkatachalam, L (2006)Public-Private Partnership (PPP) in Urban Water Supply Sector: Some Issues,Journal of Urban Policy, 1 (2): 7–15.

  17. Venkatachalam, L (2006). Factors Influencing Household Willingness to Pay (WTP) for Drinking Water in Peri-Urban Areas: A Case Study in the Indian Context, Water Policy, 8 (5): 461 – 473.

  18. Venkatachalam, L (2005).Damage Assessment and Compensation to Farmers: Lessons from Verdict of Loss of Ecology Authority in Tamil Nadu, Economic and Political Weekly, Vol. XL (15): 1556 – 1560.

  19. Venkatachalam, L (2004). Sources of Government Failure and the Environmental Externality: Analysis of Groundwater Pollution in Tamil Nadu, India, Water Policy, 6 (5), October, pp: 413 – 426.

  20. Venkatachalam, L. (2004). The Contingent Valuation Method: A Review, Environmental Impact Assessment Review (Elsevier), 24(1): 89 – 124.

  21. Venkatachalam, L. (2003). Designing Contingent Valuation (CV) Surveys for Estimating Use Values: Some Experience from a Case Study of a Water Supply Project, Journal of Social and Economic Development, 5 (2): 267 – 284.


(C) Chapters in Edited Books

  1. Biswas, D and L. Venkatachalam (2016).Economic Analysis of Irrigation Institutions: A Case Study, In: K R Shanmugam and K S Kavi Kumar (Eds.). Environment and Development: Essays in Honour of Dr. U. Sankar, SAGE Publisher, New Delhi, pp: 267 -291.

  2. S. Janakarajan, L. Venkatachalam and R. Maria Saleth (2015). ‘Indian Economy in Transition: Context and Overview of Issues’, In: S. Janakarajan, L. Venkatachalam and R. Maria Saleth (Eds.) Indian Economy in Transition: Emerging Issues and Challenges-Essays in Honour of C.T.Kurien, Sage Publications, New Delhi, pp: 1 -17.

  3. Venkatachalam, L. (2015). ‘Market-Based Institutional Reforms for Water Allocation in India: Issues and the Way Forward In: S. Janakarajan, L. Venkatachalam and R. Maria Saleth (Eds.) Indian Economy in Transition: Emerging Issues and Challenges-Essays in Honour of C.T.Kurien, Sage Publications, New Delhi, pp: 259 -275.

  4. Kumar, Dinesh M., Nitin Bassi, MVK Sivamohan and L. Venkatachalam (2013). ‘Breaking the Agrarian Impasse in the Eastern India’ In: Dinesh Kumar, Nitin Bassi, A. Narayanamoorthy and M V K Sivamohan (Eds.). The Water, Energy and Food Security Nexus: Lessons from India for Development, Routledge, London, pp: 143 – 159. 

  5. Venkatachalam, L (2013). ‘Water Issues and Sustainability: Addressing Current Vulnerability for Minimising Future Risks’, In: D. Janagam, S. Rajendran, A. Saravana Durai, A. Sugirtha Rani and V. Vaithianathan (Eds.). ‘Environmental Challenges of 21st Century, Periyar University Press, Salem, pp: 66 – 76.

  6. Saleth, Maria R. and L. Venkatachalam, (2012) ‘Issues in Development Studies: An Overview’ In: Maria R. Saleth (Ed.). From Individual to Community: Issues in Development Studies -Essays in Memory of Malcolm Adiseshiah, Sage Publications, New Delhi, pp: 1-21. 

  7. Venkatachalam, L. (2012). ‘Economics of ‘Not’ Controlling Pollution: A Case Study of Industrial Pollution in Noyyal River Basin, Tamil Nadu, India,’ In: Sacchidananda Mukherjee and Debashis Chakraborty (Eds.). Environmental Scenario in India: Successes and Predicaments, Routledge, London.

  8. Yves Saillard and Venkatachalam, L (2010). ‘Defining Public Policies Concerning Access to Drinking Water’, In: Yves Saillard and G. S. Sastry (Eds.). Access to Water in Urban Areas: Experiences in India and France, Hermes Academic Publishing, Oslo (Translated in French)

  9. Venkatachalam, L with S. Vanathy (2010). Access to Drinking Water in Chennai: An Analysis of Institutional Failure’, In: Yves Saillard and G. S. Sastry (Eds.) Access to Water in Urban Areas: Experiences in India and France, Hermes Academic Publishing, Oslo (Translated in French).

  10. Venkatachalam, L (with K. V. Raju) (2006). Water Resources Development and Irrigation Infrastructure in Karnataka, in Karnataka Development Report, The Academic Foundation, New Delhi.

  11. Sharad Lele and Venkatachalam, L (2006). Assessing the Socio-Economic Impact of Changes in Forest Cover on Watershed Services. In: Jagdish Krishnasamy, Sharachchandra Lele, and R. Jayakumar (Eds.) Hydrology & Watershed Services of the Western Ghats (India): Effects of Land Use and Land Cover Change, Tata McGraw-Hill Publishers, New Delhi.

  12. Venkatachalam, L (2005). Demand-Side versus Supply-Side Approach: The Case for Sustainable Management of Water Supply in Developing Countries − A Case Study, In: Chenoweth J and Bird, J (Eds.) Business of Water Supply and Sustainable Development, Green Management International Publisher, Sheffield, UK, pp. 238 – 250.

  13. R.S. Deshpande, Venkatachalam, L. and Narayanamoorthy, A (2004). Policies for Access, Equity and Equality: Physical Resources and Human Resources. In: Sundaram, K. V., Moni, M and Jha M. M (Eds.) Natural Resource Management and Livelihood Security: Survival Strategies and Sustainable Policies, Concept Publishers, New Delhi, pp: 401 - 447


Ph.D Supervision

a) Completed

  1. Ms. Durba Biswas, Institute for Social and Economic Change (ISEC), Bangalore: Topic – Economic Valuation Irrigation Water Using Contingent Valuation Method (Degree Awarded in 2012).  

  2. Mr Chandra Sekhar Bahinipati, Madras Institute of Development Studies (MIDS), Topic: Assessment of Vulnerability and Farm Households’ Adaptive Behavior to Extreme Climatic Events’ (thesis submitted to Madras University in July 2013)


b) Ongoing

  1. Mr P. Chandrasekaran, Madras Institute of Development Studies (MIDS), Topic:  Economic Valuation of Health Impact of Water Pollution in Tiruppur Region

  2. Mr. V. Suresh, Madras Institute of Development Studies (MIDS), Topic: Economics of Decentralised Provision of Public Goods.

  3. Mr. S. Balamurugan, Madras Institute of Development Studies (MIDS) Topic: Economic Instruments for Environmental Protection: Payment for Ecosystem Services and Irrigation Tank Management

  4. Mr. Somasekhar, Madras Institute of Development Studies (MIDS), Topic: Cost of Illness in Relation to Neck and Head Cancer.


Member in Academic/Policymaking Bodies (Recent ones):

  1. Member, Advisory Committee, Agro-Economic Centre, University of Madras (2015-2016).

  2. Member, Board of Studies in Economics and Rural Development, Alagappa University, Karaikudi (2014 -2017).

  3. Member, Working Group on Climate Change, State Planning Commission, Government of Tamil Nadu (2011-2012)

  4. Member, Academic Council, Arulanandar College, Madurai (2007-2009)

  5. Member, Board of Studies, Department of Economics, Meenakshi College for Women, Chennai (2009-2011

  6. Chairman, Board of Studies, Environmental Studies (undergraduate), Periyar University, (2008-09)

  7. Member, Board of Studies, Department of Economics, Sacred-Heart College, Thirupathur (2008-2009)

  8. Member, National Screening Committee, Fulbright- Nehru Post-Doctoral Fellowship Programme, USIEF, New Delhi/Chennai (2010)

  9. Member, National Screening Committee, Fulbright- Nehru Doctoral and professional Research Fellowship Programme, USIEF, New Delhi/Chennai (2011)

  10. Member, Academic Council, MIDS, 2007 -2009; 2010 -2012; 2013 -2015

  11. Member, Editorial Board, Review of Development and Change (2010 onwards)


Research Projects - Completed/Ongoing

  1. Economic Valuation of Ecosystem Services: A Case Study of Oussudu Wetland in Puducherry, Sponsored by GIZ-MoEF, New Delhi, 2015.

  2. Economic Valuation of Wetland Ecosystem Services: A Case Study of Pallikaranai Marsh in Chennai City, Sponsored by the State Planning Commission, Government of Tamil Nadu, 2015.

  3. Tamil Nadu State Finances, Fourteenth Finance Comission, New Delhi (With K R Shanmugam and Ganesh Prasad), 2014.

  4. Options for Diversification from Tobacco Farming, Bidi Rolling and Tendu Leaf Plucking in India, IDRC, Cananda through CMDR, Dharwad, 2014.

  5. Role of Informal Water Markets in Urban Water Supply: A Household Survey Based Case Study of Chennai City, Sponsored by the Institute for Water Policy, National University of Singapore, Singapore, 2011.

  6. Irrigation and Water Management in India, sponsored by the Indian Council for Social Science Research (ICSSR), New Delhi, 2010.

  7. Market-based Institutions for Water Allocation in Bhavani River Basin, Tamil Nadu, India, Sponsored by the International Water Management Institute, Colombo, 2009.

  8. Institutions for Urban Water Supply and Poverty Alleviation: A Case Study in Bangalore City, Sponsored by the Global Development Network (GDN), 2008

  9. Human Development, Environment and Poverty Nexus in India (Prof. Gopal K. Kadekodi and L. Venkatachalam). This project was sponsored by UNDP, New Delhi –2005. 

  10. Investment Subsidy to ‘Tourism Industry’ in Karnataka: An Evaluation (L. Venkatachalam), Sponsored by Department of Tourism, Government of Karnataka, 2005.

  11. Infrastructure and Agricultural Development in Karnataka State (L. Venkatachalam). This project was sponsored by Government of Karnataka, 2003;

  12. Reforms in Urban Water Supply Sector in Developing Countries: A Critique of Existing and Alternative Approaches, ISEC, Bangalore, 2006.