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Amitrajeet A. Batabyal

Arthur J. Gosnell Professor of Economics, Rochester Institute of Technology

Amitrajeet A. Batabyal is Arthur J. Gosnell Professor of Economics at the Rochester Institute of Technology (RIT). He obtained a B.S. with Honors and Distinction in Applied Economics and Business Management from Cornell University in 1987, a M.S. in Agricultural and Applied Economics from the University of Minnesota in 1990, and a Ph.D. in Agricultural and Resource Economics from the University of California at Berkeley in 1994. He uses microeconomic theory and mathematical techniques to model and better understand problems in natural resource, environmental, and regional economics. He has published over 500 papers, books, book chapters, and book reviews in a variety of refereed scholarly outlets in ecology, economics, mathematics, operations research, and political science. He is the recipient of numerous awards including the Geoffrey J. D. Hewings Award from the North American Regional Science Council in 2003, the Moss Madden Memorial Medal from the British and Irish Section of the Regional Science Association International in 2004, the Outstanding Achievement in Research Award from the Society for Range Management in 2006, the Trustees Scholarship Award from the RIT Board of Trustees in 2007, and the Mattei Dogan Foundation Prize from the International Social Science Council in 2013.

Global Geopolitics Series

Amid fears of Chinese influence, the Committee on Foreign Investment in the United States has grown more powerful

Jun 01, 2023 11:37 am UTC| Politics

A Chinese private equity firm, Primavera Capital Group, acquired the well-known test preparation company Princeton Review and an online learning platform, Tutor.com, in May 2023. The move, like other Chinese investments...

China has no plan for who will succeed Xi Jinping – leaving the nation and the world in uncertainty

Feb 02, 2022 08:53 am UTC| Insights & Views Politics

Since becoming Chinas paramount leader in 2012, Xi Jinping has overseen enormous economic growth and solidified Chinas standing as an economic and geopolitical superpower. He has also centralized his power over domestic...

Electric Vehicle Series

Can a future ban on gas-powered cars work? An economist explains

Jan 06, 2021 04:19 am UTC| Economy

The U.S. transportation sector is one of the largest contributors of carbon dioxide, the potent driver of climate change. Transportation accounts for about 28% of total U.S. greenhouse gas emissions and, since 1990,...

China Crisis Series

China makes it hard for foreign businesses to work there -- but businesses keep chasing profits there

Oct 20, 2020 00:03 am UTC| Economy

Doing business in China can be a difficult and contentious proposition for companies in many countries. Yet even with charges of intellectual property theft, forced partnerships and tight restrictions on doing business,...

A selective retreat from trade with China makes sense for the United States

Jun 26, 2020 06:57 am UTC| Insights & Views

Trade tensions and mistrust are escalating between the U.S. and China. Soon after U.S. Secretary of State Mike Pompeo announced that China recommitted to its January trade deal obligations after a face-to-face meeting with...

China's worldwide investment project is a push for more economic and political power

Oct 20, 2019 10:19 am UTC| Insights & Views Economy

Inspired by the ancient Silk Road, China is investing in a massive set of international development projects that are raising concerns about how the country is expanding its power around the world. Initially announced...

Could a recession be just around the corner?

Dec 08, 2018 17:29 pm UTC| Insights & Views Economy

The U.S. economy is growing at the fastest pace in five years, American companies are earning record profits and unemployment is at the lowest level in almost half a century. So why are Wall Street and some economists...

Economy

Time to buy local: war fuel price shocks reveal the folly of a long food supply chain

Most of our food travels many thousands of kilometres across Australia to reach our kitchens. We are highly dependent on a vast web of long-haul trucks to move food between growers, massive food distribution hubs and large...

Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?

Gold has long enjoyed a reputation as a financial safe haven during stormy times. But over the past few months of geopolitical chaos and market panic, the precious metal has moved more like a roller coaster than a steady...

WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions

Trade ministers from around the world convened Thursday in Yaoundé, Cameroon, for a critical four-day summit focused on reforming the World Trade Organization. The high-stakes gathering comes at a turbulent moment...

Japan Eyes Oil Futures Intervention to Stabilize Yen Amid Middle East Crisis

Japan is exploring an unconventional strategy to halt the yens ongoing decline directly intervening in global crude oil futures markets. The proposal, first reported by Reuters, signals Tokyos growing frustration as...

U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal

U.S. stock index futures held relatively steady on Wednesday evening after Iran signaled it was reviewing a ceasefire proposal put forward by Washington aimed at ending the ongoing Middle East conflict. The cautious market...

Politics

Russia-Iran Military Alliance Deepens With Drone Shipments Amid Middle East Tensions

Moscow is moving closer to completing a multi-phase transfer of lethal drones, medicine, and food supplies to Tehran, according to Western intelligence sources cited by the Financial Times. The deliveries are designed to...

Iran-U.S. Negotiations: Tehran Reviews American Peace Proposal Amid Ongoing Gulf Conflict

Irans foreign minister confirmed Wednesday that Tehran is examining a United States peace proposal aimed at ending the escalating Gulf war, though officials stressed this falls short of direct negotiations between the two...

FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order

The Federal Emergency Management Agency has announced the resumption of a key disaster prevention initiative after facing legal challenges that forced the reversal of its earlier cancellation. The agency is once again...

Taiwan Arms Deal on Track Despite U.S.-China Summit Uncertainty

Taiwans Defense Minister Wellington Koo confirmed Thursday that the next major U.S. arms sale to the island remains on schedule, revealing that Taipei has already received a formal letter of guarantee from Washington...

G7 Foreign Ministers Gather in France Amid Global Tensions and U.S. Policy Uncertainty

Foreign ministers from the worlds top Western democracies have convened in France this week for a high-stakes two-day summit at the historic 12th-century Abbaye des Vaux-de-Cernay, located roughly 40 kilometers southwest...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...