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Differences in Immigration Patterns between the U.S. and Other OECD Nations
Bandyopadhyay, Subhayu; Le, Hoang (2024-05-07)
Geography, historical linkages and economic partnerships have shaped variations in immigration flows across the U.S. and other developed nations.
On the Economy

Top 25 Developing Nations with Terrorism Incidents
Bandyopadhyay, Subhayu; Le, Hoang (2025-05-01)
How did developing economies with the largest number of terrorism incidents from 2000 to mid-2021 track in terms of per capita incomes and political rights and civil liberties?
On the Economy

Working Paper
The Effects of Terror on International Air Passenger Transport: An Empirical Investigation
Bandyopadhyay, Subhayu; Pham, Cong S.; Mitra, Devashish (2017-02-01)
This paper presents a theoretical model (adapted from the structural gravity model by Anderson and van Wincoop, 2003) to capture the effects of terrorism on air passenger traffic between nations affected by terrorism. We then use equations derived from this model, in conjunction with alternative functional forms for trade costs, to estimate the effects of terrorism on bilateral air passenger flows from 57 source countries to 25 destination countries for the period of 2000 to 2014. We find that an additional terrorist incident results in approximately a 1.2% decrease in the bilateral air ...
Working Papers , Paper 2017-2

Journal Article
The extent and impact of outsourcing: evidence from Germany
Bandyopadhyay, Subhayu; Bhaumik, Sumon; Aubuchon, Craig P. (2012-07)
The authors use data from several sources, including plant-level data from the manufacturing sector in Germany, to expand the literature on outsourcing. They find that, in Germany, the extent of outsourcing among manufacturing industries is higher than among service industries and that the outsourcing intensity of these industries did not change much between 1995 and 2005. They also find a statistically significantly positive impact of industry-level outsourcing intensity on German plant-level labor produc- tivity for both 2000 and 2005. The estimated economic impact of outsourcing on ...
Review , Volume 94 , Issue July

Journal Article
District fares better than nation as prime-mortgage problems escalate
Aubuchon, Craig P.; Martinek, Christopher J.; Hernandez-Murillo, Ruben; Bandyopadhyay, Subhayu (2009-07)
The Regional Economist , Issue Jul , Pages 20-21

Working Paper
The determinants of aid in the post-cold war era
Bandyopadhyay, Subhayu; Wall, Howard J. (2006)
This paper estimates the responsiveness of aid to recipient countries? economic and physical needs, civil/political rights, and government effectiveness. We look exclusively at the post-Cold War era and use fixed effects to control for the political, strategic, and other considerations of donors. We find that aid and per capita income have been negatively related, while aid has been positively related to infant mortality, rights, and government effectiveness.
Working Papers , Paper 2006-021

Journal Article
Import Tariffs and Illegal Immigration: A Strategic Analysis
Bandyopadhyay, Subhayu; Pinto, Santiago (2026-06-24)
We examine the effects of tariffs in a two-country specific-factors model with endogenous illegal immigration. While tariffs generate the usual terms-of-trade gains in goods markets for the host country, they also raise wages and attract additional illegal immigration. Increased immigration-related costs and higher wage costs of hiring immigrants may reduce the welfare of citizens of the host country. We also show that within the context of our two-nation framework, free trade need not maximize joint welfare when illegal immigration and certain immigration-related costs are present. Finally, ...
Review , Volume 108 , Issue 7 , Pages 1-12

Working Paper
On the substitutability between foreign aid and international credit
Lahiri, Sajal; Bandyopadhyay, Subhayu; Younas, Javed (2012)
We examine the effect of relaxing a binding borrowing constraint for a recipient country on theamount of foreign aid it receives. We do so by developing a two-country, two-period trade-theoretic model. The relaxation of the borrowing constraint reduces the flow of foreign aid, suggesting that the donor views developing nations' access to international credit markets as a substitute for foreign aid.
Working Papers , Paper 2012-043

Working Paper
Voluntary participation in a terror group and counterterrorism policy
Sandler, Todd; Bandyopadhyay, Subhayu (2022-09)
A three-stage game investigates how counterterrorism measures are affected by volunteers’ choice in joining a terrorist group. In stage 1, the government chooses both proactive and defensive countermeasures, while looking ahead to the anticipated size and actions of terrorist groups. After radicalized individuals choose whether to join a terrorist group in stage 2, group members then allocate their time between work and terrorist operations. Based on wages and government counterterrorism, the game characterizes the extensive margin determining group size and the intensive margin ...
Working Papers , Paper 2022-023

Working Paper
Biofuel subsidies: an open-economy analysis
Bandyopadhyay, Subhayu; Bhaumik, Sumon; Wall, Howard J. (2009)
We present a general equilibrium analysis of biofuel subsidies in an open-economy context. In the small-country case, when a Pigouvian tax on conventional fuels such as crude is in place, the optimal biofuel subsidy is zero. When the tax on crude is not available as a policy option, however, a second-best biofuel subsidy (or tax) is optimal. In the large-country case, the optimal tax on crude departs from its standard Pigouvian level and a biofuel subsidy is optimal. A biofuel subsidy spurs global demand for food and confers a terms-of-trade benefit to the food-exporting nation. This might ...
Working Papers , Paper 2009-053

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