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Paul Kattuman

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Professor of Economics
Director of Studies in Management and Fellow of Corpus Christi College

BA, MA (Calicut University), MPhil, PhD (University of Cambridge)

Research interests

Applied econometrics and statistics; industrial organisation; corporate performance; system dynamics; India; China.

Subject group: Economics & Policy

Professional experience

Professor Kattuman is on the editorial board of the B.E. Journal of Economic Analysis & Policy. Prior to beginning his academic career, he was an economist in the Indian civil service. Since the beginning of the pandemic he has worked with Public Health England East of England, NHS Improvement East of England, and the Governments of Punjab, Tamil Nadu and Kerala states in India, contributing statistical analysis and forecasts to support COVID operations and management.

Previous appointments

Professor Kattuman has been a Senior Research Fellow at the University of Cambridge Department of Applied Economics, and a lecturer in economics at Durham. He has held Visiting Professorships at Université Paris 12 and Paris-Est Créteil and was appointed Grupo Santander Visiting Professor at Universidad Complutense de Madrid. He was visiting Faculty Scholar at the Kennedy School of Government, and at the Department of Statistics, both at Harvard University. He is a member of the Cambridge Corporate Governance Network (CCGN).

Awards & honours

  • Cambridge Judge Business School Teaching Award, 2020
  • Cambridge Judge Business School Teaching Award, 2016
  • Trinity College Research Studentship, 1991
  • Commonwealth Scholarship, 1991

Selected publications

Here are a selection of Paul Kattuman’s publications. Please see the “Selected publications” tab above for a more comprehensive list.

Harvey, A. and Kattuman, P. (2021) “A farewell to R: time-series models for tracking and forecasting epidemics.” Journal of the Royal Society Interface, 18(182): 20210179
(DOI: 10.1098/rsif.2021.0179)

Sharapov, D., Kattuman, P., Rodriguez D. and Velazquez, F.J. (2021) “Using the SHAPLEY value approach to variance decomposition in strategy research: diversification, internationalization, and corporate group effects on affiliate profitability.” Strategic Management Journal (DOI: 10.1002/smj.3236) (published online Sep 2020)

Harvey, A. and Kattuman, P. (2020) “Time series models based on growth curves with applications to forecasting coronavirus.” Harvard Data Science Review, 2(Special Issue: COVID-19: Unprecedented Challenges and Chances)

Kattuman, P., Loch, C., and Kurchian, C. (2019) “Management succession and success in a professional soccer team.” PLOS ONE: 14(3): e0212634 (DOI: 10.1371/journal.pone.0212634)

Ibragimov, M., Ibragimov, R., Kattuman, P. and Ma, J. (2018) “Income inequality and price elasticity of market demand: the case of crossing Lorenz curves.” Economic Theory, 65(3): 729-750 (DOI: 10.1007/s00199-017-1037-0)

Ibragimov, M., Ibragimov, R. and Kattuman P. (2013) “Emerging markets and heavy tails.” Journal of Banking and Finance, 37(7): 2546-2559 (DOI: 10.1016/j.jbankfin.2013.02.019)

Journal articles

Kattuman, P.A. (1996) “On the size distribution of businesses of large enterprises: UK manufacturing.” Structural Change and Economic Dynamics, 7(4): 479-494 (DOI: 10.1016/S0954-349X(96)00055-0)

Redmond, G. and Kattuman, P. (2001) “Employment polarisation and inequality in the UK and Hungary.” Cambridge Journal of Economics, 25(4): 467-480

Kattuman, P. and Redmond, G. (2001) “Income inequality in early transition: the case of Hungary 1987-1996.” Journal of Comparative Economics, 29(1): 40-65

Higson, C., Holly, S. and Kattuman, P. (2002) “The cross-sectional dynamics of the US business cycle: 1950-1999.” Journal of Economic Dynamics and Control, 26(9/10): 1539-1555

Baye, M.R. and Kattuman, P. (2003) “Incentives at Cambridge in 1574.” Lagniappe to Journal of Political Economy, 111(6)

Higson, C., Holly, S., Kattuman, P. and Platis, S. (2004) “The business cycle, macroeconomic shocks and the cross-section: the growth of UK quoted companies.” Economica, 71(281): 299-318

Bialek, J.W. and Kattuman, P.A. (2004) “Proportional sharing assumption in tracing methodology.” IEE Proceedings Generation Transmission and Distribution, 151(4): 526-532

Kattuman, P., Green, R.J. and Bialek, J.W. (2004) “Allocating electricity transmission costs through tracing: a game-theoretic rationale.” Operations Research Letters, 32(2): 114-120

Allington, N., Kattuman, P. and Waldmann, F. (2005) “One market, one money, one price?” International Journal of Central Banking, 1(3): 73-115

Baye, M.R., Gatti, J.R.J., Kattuman, P. and Morgan, J. (2006) “Did the Euro foster online price competition? Evidence from an international price comparison site.” Economic Inquiry, 44(2): 265-279 (DOI: 10.1093/ei/cbj015)

Baye, M.R., Gatti, J.R.J., Kattuman, P. and Morgan, J. (2007) “A dashboard for online pricing.” California Management Review, 50(1): 202-216

Bhattacharjee, A., Higson, C., Holly, S., and Kattuman, P. (2009) “Macroeconomic instability and business exit: determinants of failures and acquisitions of UK firms.” Economica, 76(301): 108-131

Baye, M.R., Gatti, J.R.J., Kattuman, P. and Morgan, J. (2009) “Clicks, discontinuities, and firm demand online.” Journal of Economics and Management Strategy, 18(4): 935-975

Bhattacharjee, A., Higson, C., Holly, S. and Kattuman, P. (2009) “Macroeconomic instability and corporate failure: the role of the legal system.” Review of Law and Economics, 5(1): 1-32

Kambhampati, U.S. and Kattuman, P.A. (2009) “Growth responses to competitive shocks: market structure dynamics under liberalisation.” Structural Change and Economic Dynamics, 20(2): 114-125 (DOI: doi:10.1016/j.strueco.2009.01.002)

Jiang, N. and Kattuman, P.A. (2010) “Intensity of competition in China: profitability dynamics of Chinese listed companies.” Asia Pacific Business Review, 16(3): 461-481 (DOI: 10.1080/13602380902949321)

Jiang, N. and Kattuman, P.A. (2012) “China’s WTO accession and long-term profitability of Chinese firms.” International Journal of the Economics of Business, 19(1): 53-73 (DOI: 10.1080/13571516.2012.642638)

Herzog, J.O., Munir, K.A. and Kattuman, P. (2013) “The King and I: monarchies and the performance of business groups.” Cambridge Journal of Economics, 37(1): 171-185 (DOI: 10.1093/cje/bes032)

Ibragimov, M., Ibragimov, R. and Kattuman P. (2013) “Emerging markets and heavy tails.” Journal of Banking and Finance, 37(7): 2546-2559 (DOI: 10.1016/j.jbankfin.2013.02.019)

Arenoe, B., van der Rest, J.I. and Kattuman, P. (2015) “Game theoretic pricing models in hotel revenue management: an equilibrium choice-based conjoint analysis approach.” Tourism Management, 51: 96-102 (DOI: 10.1016/j.tourman.2015.04.007)

Jiang, N., Kattuman, P. and Kotia, A. (2017) “Polarisation and reversion under competition: profitability of Indian firms.” International Journal of the Economics of Business, 24(2): 131-151 (DOI: 10.1080/13571516.2017.1290750)

Hiremath, G.S. and Kattuman, P. (2017) “Foreign portfolio flows and emerging stock market: is the midnight bell ringing in India?” Research in International Business and Finance, 42: 544-558 (DOI: 10.1016/j.ribaf.2017.04.016)

Ibragimov, M., Ibragimov, R., Kattuman, P. and Ma, J. (2018) “Income inequality and price elasticity of market demand: the case of crossing Lorenz curves.” Economic Theory, 65(3): 729-750 (DOI: 10.1007/s00199-017-1037-0)

Kattuman, P., Loch, C., and Kurchian, C. (2019) “Management succession and success in a professional soccer team.” PLOS ONE: 14(3): e0212634 (DOI: 10.1371/journal.pone.0212634)

Harvey, A. and Kattuman, P. (2020) “Time series models based on growth curves with applications to forecasting coronavirus.” Harvard Data Science Review, 2(Special Issue: COVID-19: Unprecedented Challenges and Chances)

Harvey, A., Kattuman, P. and Thamotheram, C. (2021) “Tracking the mutant: forecasting and nowcasting Covid-19 in the UK in 2021.” National Institute Economic Review, 256: 110-126 (DOI: 10.1017/nie.2021.12)

Harvey, A. and Kattuman, P. (2021) “A farewell to R: time-series models for tracking and forecasting epidemics.” Journal of the Royal Society Interface, 18(182): 20210179
(DOI: 10.1098/rsif.2021.0179)

Sharapov, D., Kattuman, P., Rodriguez D. and Velazquez, F.J. (2021) “Using the SHAPLEY value approach to variance decomposition in strategy research: diversification, internationalization, and corporate group effects on affiliate profitability.” Strategic Management Journal (DOI: 10.1002/smj.3236) (published online Sep 2020)

Book chapters

Rupert, J., Gatti, J. and Kattuman, P. (2003) “Online price dispersion within and between seven European countries.” In Baye, M.R. (ed.): Advances in applied microeconomics: vol.12: organizing the new industrial economy. London: JAI Press, pp.107-141

Kattuman, P. and Iyer, K. (2003) “Human capital in the move up the value chain: the case of the Indian software and services industry.” In Giovannetti, E., Kagami, M. and Tsuji, M. (eds.): The Internet revolution: a global perspective. Cambridge: Cambridge University Press, pp.162-179

Kattuman, P. and Bhattacharjee, A. (2004) “Software in India: development implications of globalization and the international division of labour.” In Kagami, M., Tsuji, M. and Giovannetti, E. (eds.): Information technology policy and the digital divide. Cheltenham: Edward Elgar, pp.92-113

Kattuman, P.A. (1998) “The role of history in the transition to an industrial district: the case of the Indian bicycle industry.” In Cadène, P. and Holmström, M. (eds.): Decentralized production in India: industrial districts, flexible specialization, and employment. London: Sage Publications, pp.230-250

Conference papers

Holweg, M. and Kattuman, P. (2006) “Dynamic determination of the residual product value: empirical evidence from the automotive industry.” In: OM in the new world uncertainties: POMS Annual Conference, 17th, 28 Apr-1 May 2006, Boston, MA.

Kattuman, P. (2007) “Exact distributions of Schur functions.” In: International Indian Statistical Association (IISA) Joint Statistical Meeting and International Conference on Statistics, Probability and Related Areas, 2-5 January 2007, Cochin, India.

Kattuman, P.A., Rodriguez, D., Sharapov, D. and Velazquez, F.J. (2011) “Revisiting profitability: firm, business group, industry and country effects.” In: West meets East: enlightening, balancing, and transcending: Academy of Management Best Papers Proceedings, 12-16 August 2011, San Antonio, TX.

Jain, A. and Kattuman, P. (2015) “Decision-making and planning framework to improve the deployment success of decentralized rural electrification in India.” In: Hostettler S., Gadgil A. and Hazboun E. (eds.) Sustainable access to energy in the Global South: EPFL-UNESCO Chair Conference on Technologies for Development (3rd), 4-6 June 2014, Lausanne, Switzerland. Heidelberg: Springer, Cham, pp.129-145

Working papers

Kattuman, P.A. (1995) “On the size distribution of establishments of large enterprises: an analysis for UK manufacturing.” ESRC Centre for Business Research, Cambridge University, Working Paper No.8

Kattuman, P.A. (1995) “The role of history in the transition to an industrial district: the case of the Indian bicycle industry.” Economics Department, Durham University, No.143

Kattuman, P. and Domanski, R. (1997) “Industrial concentration under shock therapy: Poland in early transition years.” ESRC Centre for Business Research, Cambridge University, Working Paper No.76

Kattuman, P. and Redmond, G. (1997) “Income inequality in Hungary 1987-1993.” Cambridge Working Papers in Economics, No.9726. Cambridge: University of Cambridge.

Kattuman, P. and Redmond, G. (1997) “Income inequality in Hungary 1987-1993.” Economics Department, Durham University, No.182

Kattuman, P. and Roberts, B.M. (2000) “Strategy choices of firms and market concentration.” Applied Economics Department, Cambridge University, Working Paper No.2000/18

Kattuman, P., Green, R.J. and Bialek, J.W. (2001) “A tracing method for pricing inter-area electricity trades.” Applied Economics Department, Cambridge University, Working Paper No.2001/7

Higson, C., Holly, S., Kattuman, P. and Platis, S. (2001) “The business cycle, macroeconomic shocks and the cross section: the growth of UK quoted companies.” Applied Economics Department, Cambridge University, Working Paper No.2001/14

Bhattacharjee, A., Higson, C., Holly, S. and Kattuman, P. (2002) “Macro economic instability and business exit: determinants of failures and acquisitions of large UK firms.” Applied Economics Department, Cambridge University, Working Paper No.2002/6

Baye, M.R., Gatti, R., Kattuman, P. and Morgan, J. (2002) “Online pricing and the Euro changeover: cross-country comparisons.” Judge Business School Working Papers, No.17/2002. Cambridge: University of Cambridge.

Gatti, J.R.J. and Kattuman, P. (2003) “Online price dispersion within and between seven European countries.” Economic Department, Cambridge University, Cambridge Working Papers in Economics CWPE No.343

Kattuman, P. (2003) “Growth response to competitive shocks: market structure dynamics under liberalisation – the case of India.” ESRC Centre for Business Research, Cambridge University, Working Paper No.263

Kattuman, P.A. and Chirmiciu, A. (2003) “Significant feedbacks in firm growth and market structure.” ESRC Centre for Business Research, Cambridge University, Working Paper No.270

Baye, M.R., Gatti, R.J., Kattuman, P. and Morgan, J. (2004) “Estimating firm-level demand at a price comparison site: accounting for shoppers and the number of competitors.” University of California at Berkeley, Competition Policy Centre Working Paper Series, No.CP205-050. Berkeley, CA: University of California at Berkeley.

Allington, N.F.B., Kattuman, P.A. and Waldmann, F.A. (2005) “One market, one money, one price? Price dispersion in the European Union.” Judge Institute of Management Working Papers, No.01/2005

Zimmermann, C. and Kattuman, P.A. (2007) “On ‘considering’ internationalization: how do perceived resource-based constraints matter?” Cambridge Judge Business School Working Papers, No.07/2007. Cambridge: University of Cambridge.

Kattuman, P. and Lewis, M. (2007) “A diagnostic for lock-in.” Cambridge Judge Business School Working Papers, No.20/2007. Cambridge: University of Cambridge.

Harvey, A. and Kattuman, P. (2020) “Time series models based on growth curves with applications to forecasting coronavirus.” Harvard Data Science Review Special Issue 1 – COVID-19

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Tracking pandemics

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Superb teaching

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Coronavirus research

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Green shoots of recovery, anyone?

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Distributing the downturn

The International Labour Organisation has forecast a rise in unemployment by 20 million worldwide by the end of 2009. The Organisation for…

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The devil’s in the details: regulating financial innovation

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The Times of India: Weekly Covid case count in Punjab falls below 200, first time in 71 weeks

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Science Daily: Study suggests R rate for tracking pandemic should be dropped in favour of ‘nowcasts’

A study on R rate co-authored by Paul Kattuman, Professor in Economics at Cambridge Judge Business School, is featured in Science Daily.…

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Bloomberg: Forecaster who saw India’s Covid peak sees new wave coming

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The Times of India: Punjab cinemas, gyms can open at 50% capacity

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Bloomberg: Coronavirus India cases: Active infections drop for second day

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South Asia Monitor: India’s Covid cases have peaked, reflects Cambridge tracker

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Contact details

Paul Kattuman
Cambridge Judge Business School
University of Cambridge
Trumpington Street
Cambridge CB2 1AG
UK

Tel: +44 (0)1223 764136

[email protected]