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Trosolwyg
Kul Luintel joined Cardiff Business School (CARBS) as a Professor of Economics in September 2006.
From 2012 to 2015 he was the Head of the Economics Section (Department) and a Member of the Management Board of CARBS. 2008 to 2013 he was the Senior Rep of Economics to the Research Committee of CARBS.
He was one of the named REF (Research Excellence Framework) GURUs of CARBS, leading REF submissions for 2014. He was a member of CHUDE (Conference of Heads of UK Departments of Economics) between 2012 to 2015 and currently a member of the Executive Committee of CHUDE. Before moving to Cardiff he held professorial positions at Swansea and Brunel Universities.
His general research interests are macro, money and finance. He has published widely in the areas of Financial Development, Financial Structure and Economic Growth; Financial Controls, Economic Growth and the Productivity of Capital; The Dynamics of Innovation and Endogenous Growth; R&D and International Knowledge Diffusion; Fiscal Solvency; Fiscal Integration in the EU; Real Exchange Rate Behaviour; Exogeneity of Money; Spot and Forward Market Efficiency; Fisher Relationship, and Executive Stock Options. He is a member of the Royal Economic Society, American Economic Association, European Economic Association, Canadian Economics Association, Southern Economic Association and Beta Gamma Sigma, an Honour Society. Kul received his MPhil (1990) and PhD (1993) from Glasgow University.
Cyhoeddiad
2024
- Luintel, K. B., Li, G. and Khan, M. 2024. The threshold effect of finance on growth: Reassessing the burden of evidence. Open Economies Review 35, pp. 887-953. (10.1007/s11079-024-09757-6)
2023
- Ahamed, M. M., Luintel, K. B. and Mallick, S. K. 2023. Does local knowledge spillover matter for firm productivity? The role of financial access and corporate governance. Research Policy 52(8), article number: 104837. (10.1016/j.respol.2023.104837)
- Li, K., Azacis, H. and Luintel, K. 2023. Resource misallocation in the presence of R&D spillovers. Working paper. Cardiff: Cardiff Business School. Available at: http://carbsecon.com/wp/E2023_24.pdf
- Luintel, K., Li, G. and Khan, M. 2023. Finance and growth: The unpleasant burden of evidence. Project Report. Cardiff Business School.
2022
- Luintel, K. B. and Pourpourides, P. M. 2022. New results and a model of scale effects on growth. Project Report. Cardiff: Cardiff Economics Working Papers.
2021
- Zhao, T., Luintel, K. B. and Matthews, K. 2021. Soft information and the geography of SME bank lending. Regional Studies 55(4), pp. 679-692. (10.1080/00343404.2020.1851024)
2020
- Dixon, H., Luintel, K. and Tian, K. 2020. The impact of the 2008 crisis on UK prices: what we can learn from the CPI microdata. Oxford Bulletin of Economics and Statistics 82(6), pp. 1322-1341. (10.1111/obes.12373)
- Luintel, K., Matthews, K., Minford, L., Valentinyi, A. and Wang, B. 2020. The role of provincial government spending composition in growth and convergence in China. Economic Modelling 90, pp. 117-134. (10.1016/j.econmod.2020.04.024)
2017
- Luintel, K. B. and Khan, M. 2017. Ideas production and international knowledge spillovers: digging deeper into emerging countries. Research Policy 46(10), pp. 1738-1754. (10.1016/j.respol.2017.07.009)
- Luintel, K. B. and Xu, Y. 2017. Testing weak exogeneity in multiplicative error models. Quantitative Finance 17(10), pp. 1617-1630. (10.1080/14697688.2016.1274045)
- Luintel, K., Selim, S. and Bajracharya, P. 2017. Liberalization, bankers’ motivation and productivity: A simple model with an application. Economic Modelling 61, pp. 102-112. (10.1016/j.econmod.2016.11.017)
2016
- Luintel, K. B., Khan, M., Leon-Gonzalez, R. and Li, G. 2016. Financial development, structure and growth: new data, method and results. Journal of International Financial Markets, Institutions and Money 43, pp. 95-112. (10.1016/j.intfin.2016.04.002)
- Luintel, K. 2016. R&D, scale effects and spillovers: new insights from emerging countries. Working paper. Cardiff: Cardiff Business School.
2014
- Luintel, K., Khan, M. and Theodoridis, K. 2014. On the robustness of R&D. Journal of Productivity Analysis 42(2), pp. 137-155. (10.1007/s11123-013-0360-0)
- Dixon, H., Luintel, K. and Tian, K. 2014. The impact of the 2008 crisis on UK prices: what we can learn from the CPI microdata. Working paper. Cardiff: Cardiff University.
2012
- Luintel, K. and Khan, M. 2012. Ideas production in emerging economies. Working paper. Cardiff: Cardiff University.
- Luintel, K., Khan, M. and Theodoridis, K. 2012. On the robustness of R&D. Working paper. Cardiff: Cardiff University.
2011
- Luintel, K. and Khan, M. 2011. Basic, applied and experimental knowledge and productivity: further evidence. Economics Letters 111(1), pp. 71-74. (10.1016/j.econlet.2011.01.017)
- Luintel, K. and Khan, M. 2011. Basic, applied and experimental knowledge and productivity: further evidence. Working paper. Cardiff: Cardiff University.
2010
- Kyriacou, K., Luintel, K. and Mase, B. 2010. Private information in executive stock option trades: evidence of insider trading in the UK. Economica 77(308), pp. 751-774. (10.1111/j.1468-0335.2009.00775.x)
- Luintel, K., Khan, M. and Theodoridis, K. 2010. How robust is the R&D–productivity relationship? Evidence from OECD countries. Working paper. Cardiff: Cardiff University.
- Arestis, P., Luintel, A. D. and Luintel, K. 2010. Financial structure and economic growth: evidence from time series analyses. Applied Financial Economics 20(19), pp. 1479-1492. (10.1080/09603107.2010.508716)
2009
- Luintel, K. and Khan, M. 2009. Heterogeneous ideas production and endogenous growth: an empirical investigation. Canadian Journal of Economics 42(3), pp. 1176-1205. (10.1111/j.1540-5982.2009.01543.x)
2008
- Luintel, K. and Khan, M. 2008. Heterogeneous ideas production and endogenous growth: an empirical investigation. Working paper. Cardiff: Cardiff University.
- Luintel, K., Khan, M., Arestis, P. and Theodoridis, K. 2008. Financial structure and economic growth. Journal of Development Economics 86(1), pp. 181-200. (10.1016/j.jdeveco.2007.11.006)
- Kyriacou, K., Luintel, K. and Bryan, M. 2008. Private information in executives’ option trades: evidence from the UK. Working paper. Cardiff: Cardiff University.
- Luintel, K., Khan, M., Arestis, P. and Theodoridis, K. 2008. Financial structure and economic growth. Working paper. Cardiff: Cardiff University.
2007
- Arghyrou, M. G. and Luintel, K. 2007. Government Solvency: Revisiting some EMU countries. Journal of Macroeconomics 29(2), pp. 387-410. (10.1016/j.jmacro.2005.09.001)
2006
- Luintel, K. and Paudyal, K. 2006. Are common stocks a hedge against inflation?. Journal of Financial Research 29(1), pp. 1-19. (10.1111/j.1475-6803.2006.00163.x)
2004
- Luintel, K. and Khan, M. 2004. Are International R&D Spillovers Costly for the United States?. The Review of Economics and Statistics 86(4), pp. 896-910. (10.1162/0034653043125266)
2002
- Luintel, K. 2002. Exogeneity of Money and its Policy Implications for Price Control: Evidence from South Asia. Pacific Economic Review 7(3), pp. 505-517. (10.1111/1468-0106.00174)
- Arestis, P., Khan, M. and Luintel, K. 2002. Fiscal Deficits in Monetary Unions: A Comparison of EMU and United States. Eastern Economic Journal 28(1), pp. 89-103.
2001
- Luintel, K. and Choudhry, T. 2001. The long-run behaviour of the real exchange rate: evidence from colonial Pennsylvania. Economics Letters 74(1), pp. 25-30. (10.1016/S0165-1765(01)00532-8)
- Luintel, K. and Demetriades, P. O. 2001. Financial restraints in the South Korean miracle. Journal of Development Economics 64(2), pp. 459-479. (10.1016/S0304-3878(00)00146-2)
- Luintel, K., Arestis, P. and Demetriades, P. O. 2001. Financial Development and Economic Growth: The Role of Stock Markets. Journal of money credit and banking 33(1), pp. 16-41. (10.2307/2673870)
- Luintel, K. 2001. Heterogeneous Panel Unit Root Tests and Purchasing Power Parity. The Manchester School 69(S1), pp. 42-56. (10.1111/1467-9957.69.s1.3)
Articles
- Luintel, K. B., Li, G. and Khan, M. 2024. The threshold effect of finance on growth: Reassessing the burden of evidence. Open Economies Review 35, pp. 887-953. (10.1007/s11079-024-09757-6)
- Ahamed, M. M., Luintel, K. B. and Mallick, S. K. 2023. Does local knowledge spillover matter for firm productivity? The role of financial access and corporate governance. Research Policy 52(8), article number: 104837. (10.1016/j.respol.2023.104837)
- Zhao, T., Luintel, K. B. and Matthews, K. 2021. Soft information and the geography of SME bank lending. Regional Studies 55(4), pp. 679-692. (10.1080/00343404.2020.1851024)
- Dixon, H., Luintel, K. and Tian, K. 2020. The impact of the 2008 crisis on UK prices: what we can learn from the CPI microdata. Oxford Bulletin of Economics and Statistics 82(6), pp. 1322-1341. (10.1111/obes.12373)
- Luintel, K., Matthews, K., Minford, L., Valentinyi, A. and Wang, B. 2020. The role of provincial government spending composition in growth and convergence in China. Economic Modelling 90, pp. 117-134. (10.1016/j.econmod.2020.04.024)
- Luintel, K. B. and Khan, M. 2017. Ideas production and international knowledge spillovers: digging deeper into emerging countries. Research Policy 46(10), pp. 1738-1754. (10.1016/j.respol.2017.07.009)
- Luintel, K. B. and Xu, Y. 2017. Testing weak exogeneity in multiplicative error models. Quantitative Finance 17(10), pp. 1617-1630. (10.1080/14697688.2016.1274045)
- Luintel, K., Selim, S. and Bajracharya, P. 2017. Liberalization, bankers’ motivation and productivity: A simple model with an application. Economic Modelling 61, pp. 102-112. (10.1016/j.econmod.2016.11.017)
- Luintel, K. B., Khan, M., Leon-Gonzalez, R. and Li, G. 2016. Financial development, structure and growth: new data, method and results. Journal of International Financial Markets, Institutions and Money 43, pp. 95-112. (10.1016/j.intfin.2016.04.002)
- Luintel, K., Khan, M. and Theodoridis, K. 2014. On the robustness of R&D. Journal of Productivity Analysis 42(2), pp. 137-155. (10.1007/s11123-013-0360-0)
- Luintel, K. and Khan, M. 2011. Basic, applied and experimental knowledge and productivity: further evidence. Economics Letters 111(1), pp. 71-74. (10.1016/j.econlet.2011.01.017)
- Kyriacou, K., Luintel, K. and Mase, B. 2010. Private information in executive stock option trades: evidence of insider trading in the UK. Economica 77(308), pp. 751-774. (10.1111/j.1468-0335.2009.00775.x)
- Arestis, P., Luintel, A. D. and Luintel, K. 2010. Financial structure and economic growth: evidence from time series analyses. Applied Financial Economics 20(19), pp. 1479-1492. (10.1080/09603107.2010.508716)
- Luintel, K. and Khan, M. 2009. Heterogeneous ideas production and endogenous growth: an empirical investigation. Canadian Journal of Economics 42(3), pp. 1176-1205. (10.1111/j.1540-5982.2009.01543.x)
- Luintel, K., Khan, M., Arestis, P. and Theodoridis, K. 2008. Financial structure and economic growth. Journal of Development Economics 86(1), pp. 181-200. (10.1016/j.jdeveco.2007.11.006)
- Arghyrou, M. G. and Luintel, K. 2007. Government Solvency: Revisiting some EMU countries. Journal of Macroeconomics 29(2), pp. 387-410. (10.1016/j.jmacro.2005.09.001)
- Luintel, K. and Paudyal, K. 2006. Are common stocks a hedge against inflation?. Journal of Financial Research 29(1), pp. 1-19. (10.1111/j.1475-6803.2006.00163.x)
- Luintel, K. and Khan, M. 2004. Are International R&D Spillovers Costly for the United States?. The Review of Economics and Statistics 86(4), pp. 896-910. (10.1162/0034653043125266)
- Luintel, K. 2002. Exogeneity of Money and its Policy Implications for Price Control: Evidence from South Asia. Pacific Economic Review 7(3), pp. 505-517. (10.1111/1468-0106.00174)
- Arestis, P., Khan, M. and Luintel, K. 2002. Fiscal Deficits in Monetary Unions: A Comparison of EMU and United States. Eastern Economic Journal 28(1), pp. 89-103.
- Luintel, K. and Choudhry, T. 2001. The long-run behaviour of the real exchange rate: evidence from colonial Pennsylvania. Economics Letters 74(1), pp. 25-30. (10.1016/S0165-1765(01)00532-8)
- Luintel, K. and Demetriades, P. O. 2001. Financial restraints in the South Korean miracle. Journal of Development Economics 64(2), pp. 459-479. (10.1016/S0304-3878(00)00146-2)
- Luintel, K., Arestis, P. and Demetriades, P. O. 2001. Financial Development and Economic Growth: The Role of Stock Markets. Journal of money credit and banking 33(1), pp. 16-41. (10.2307/2673870)
- Luintel, K. 2001. Heterogeneous Panel Unit Root Tests and Purchasing Power Parity. The Manchester School 69(S1), pp. 42-56. (10.1111/1467-9957.69.s1.3)
Monographs
- Li, K., Azacis, H. and Luintel, K. 2023. Resource misallocation in the presence of R&D spillovers. Working paper. Cardiff: Cardiff Business School. Available at: http://carbsecon.com/wp/E2023_24.pdf
- Luintel, K., Li, G. and Khan, M. 2023. Finance and growth: The unpleasant burden of evidence. Project Report. Cardiff Business School.
- Luintel, K. B. and Pourpourides, P. M. 2022. New results and a model of scale effects on growth. Project Report. Cardiff: Cardiff Economics Working Papers.
- Luintel, K. 2016. R&D, scale effects and spillovers: new insights from emerging countries. Working paper. Cardiff: Cardiff Business School.
- Dixon, H., Luintel, K. and Tian, K. 2014. The impact of the 2008 crisis on UK prices: what we can learn from the CPI microdata. Working paper. Cardiff: Cardiff University.
- Luintel, K. and Khan, M. 2012. Ideas production in emerging economies. Working paper. Cardiff: Cardiff University.
- Luintel, K., Khan, M. and Theodoridis, K. 2012. On the robustness of R&D. Working paper. Cardiff: Cardiff University.
- Luintel, K. and Khan, M. 2011. Basic, applied and experimental knowledge and productivity: further evidence. Working paper. Cardiff: Cardiff University.
- Luintel, K., Khan, M. and Theodoridis, K. 2010. How robust is the R&D–productivity relationship? Evidence from OECD countries. Working paper. Cardiff: Cardiff University.
- Luintel, K. and Khan, M. 2008. Heterogeneous ideas production and endogenous growth: an empirical investigation. Working paper. Cardiff: Cardiff University.
- Kyriacou, K., Luintel, K. and Bryan, M. 2008. Private information in executives’ option trades: evidence from the UK. Working paper. Cardiff: Cardiff University.
- Luintel, K., Khan, M., Arestis, P. and Theodoridis, K. 2008. Financial structure and economic growth. Working paper. Cardiff: Cardiff University.
- Luintel, K. B. and Khan, M. 2017. Ideas production and international knowledge spillovers: digging deeper into emerging countries. Research Policy 46(10), pp. 1738-1754. (10.1016/j.respol.2017.07.009)
- Luintel, K. B. and Xu, Y. 2017. Testing weak exogeneity in multiplicative error models. Quantitative Finance 17(10), pp. 1617-1630. (10.1080/14697688.2016.1274045)
- Luintel, K., Selim, S. and Bajracharya, P. 2017. Liberalization, bankers’ motivation and productivity: A simple model with an application. Economic Modelling 61, pp. 102-112. (10.1016/j.econmod.2016.11.017)
- Luintel, K. B., Khan, M., Leon-Gonzalez, R. and Li, G. 2016. Financial development, structure and growth: new data, method and results. Journal of International Financial Markets, Institutions and Money 43, pp. 95-112. (10.1016/j.intfin.2016.04.002)
- Luintel, K., Khan, M. and Theodoridis, K. 2014. On the robustness of R&D. Journal of Productivity Analysis 42(2), pp. 137-155. (10.1007/s11123-013-0360-0)
- Dixon, H., Luintel, K. and Tian, K. 2014. The impact of the 2008 crisis on UK prices: what we can learn from the CPI microdata. Working paper. Cardiff: Cardiff University.
- Luintel, K., Khan, M. and Theodoridis, K. 2012. On the robustness of R&D. Working paper. Cardiff: Cardiff University.
- Luintel, K. and Khan, M. 2011. Basic, applied and experimental knowledge and productivity: further evidence. Economics Letters 111(1), pp. 71-74. (10.1016/j.econlet.2011.01.017)
- Kyriacou, K., Luintel, K. and Mase, B. 2010. Private information in executive stock option trades: evidence of insider trading in the UK. Economica 77(308), pp. 751-774. (10.1111/j.1468-0335.2009.00775.x)
- Arestis, P., Luintel, A. D. and Luintel, K. 2010. Financial structure and economic growth: evidence from time series analyses. Applied Financial Economics 20(19), pp. 1479-1492. (10.1080/09603107.2010.508716)
- Luintel, K. and Khan, M. 2009. Heterogeneous ideas production and endogenous growth: an empirical investigation. Canadian Journal of Economics 42(3), pp. 1176-1205. (10.1111/j.1540-5982.2009.01543.x)
- Luintel, K., Khan, M., Arestis, P. and Theodoridis, K. 2008. Financial structure and economic growth. Journal of Development Economics 86(1), pp. 181-200. (10.1016/j.jdeveco.2007.11.006)
- Arghyrou, M. G. and Luintel, K. 2007. Government Solvency: Revisiting some EMU countries. Journal of Macroeconomics 29(2), pp. 387-410. (10.1016/j.jmacro.2005.09.001)
- Luintel, K. and Paudyal, K. 2006. Are common stocks a hedge against inflation?. Journal of Financial Research 29(1), pp. 1-19. (10.1111/j.1475-6803.2006.00163.x)
- Luintel, K. and Khan, M. 2004. Are International R&D Spillovers Costly for the United States?. The Review of Economics and Statistics 86(4), pp. 896-910. (10.1162/0034653043125266)
- Luintel, K. 2002. Exogeneity of Money and its Policy Implications for Price Control: Evidence from South Asia. Pacific Economic Review 7(3), pp. 505-517. (10.1111/1468-0106.00174)
- Arestis, P., Khan, M. and Luintel, K. 2002. Fiscal Deficits in Monetary Unions: A Comparison of EMU and United States. Eastern Economic Journal 28(1), pp. 89-103.
- Luintel, K. and Choudhry, T. 2001. The long-run behaviour of the real exchange rate: evidence from colonial Pennsylvania. Economics Letters 74(1), pp. 25-30. (10.1016/S0165-1765(01)00532-8)
- Luintel, K. and Demetriades, P. O. 2001. Financial restraints in the South Korean miracle. Journal of Development Economics 64(2), pp. 459-479. (10.1016/S0304-3878(00)00146-2)
- Luintel, K., Arestis, P. and Demetriades, P. O. 2001. Financial Development and Economic Growth: The Role of Stock Markets. Journal of money credit and banking 33(1), pp. 16-41. (10.2307/2673870)
- Luintel, K. 2001. Heterogeneous Panel Unit Root Tests and Purchasing Power Parity. The Manchester School 69(S1), pp. 42-56. (10.1111/1467-9957.69.s1.3)
Ymchwil
PhD supervision research interests
- CEO compensation and firm performance
- Empirical (econometric) work using time series and panel data econometrics
- Event studies
- Exogeneity of money; spot and forward market efficiency
- Financial policies, financial sector development and economic growth
- Financial sector development and economic growth
- Financial structure and economic growth
- Fiscal integration and fiscal solvency; real exchange rate behaviour
- International fisher effect
- Knowledge spillovers and endogenous growth; knowledge and productivity
- Modelling company cash holding
- Modelling exchange rate behaviour
- Modelling ideas production
- Purchasing power parity
- Stockmarket anomalies
Research interests
- Applied econometrics
- Banking productivity
- Block trade
- Executives' option
- Exogeneity of money
- Financial development, financial structure and economic growth
- Fiscal integration and fiscal solvency
- Ideas production, knowledge spillovers and endogenous growth
- International finance: Fisher relationship, spot & forward markets
- R& D and productivity
- Real exchange rate behaviour
Addysgu
Teaching commitments
- Advanced financial theory
- Development finance
- Econometrics/Advanced econometrics
- Financial theory and corporate policy
- Financial markets and instruments
- International finance
- Macroeconomics and models of economic growth
Bywgraffiad
Aelodaethau proffesiynol
- American Economic Association
- Canadian Economics Association
- Royal Economic Society
- Southern Economic Association
Contact Details
LuintelK@caerdydd.ac.uk
+44 29208 75534
Adeilad Aberconwy, Ystafell S09, Rhodfa Colum, Cathays, Caerdydd, CF10 3EU
+44 29208 75534
Adeilad Aberconwy, Ystafell S09, Rhodfa Colum, Cathays, Caerdydd, CF10 3EU