The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Mahalanobis, Prasanta Chandra (1893–1972)

  • Sukhamoy Chakravarty
Reference work entry


Mahalanobis was born in Calcutta of a well-to-do Bengali middle-class family with a reformed outlook on Hindu religion. He was educated first at Presidency College, Calcutta, and then at Cambridge, where he graduated with a First in Natural Sciences from King’s College in 1915. He became a Fellow of the Royal Society in 1946 and received many other scientific honours. While Mahalanobis served as Professor of Physics at Presidency College for nearly three decades, his scientific work consisted chiefly of developing statistical theory and techniques that had application to a wide range of subjects, beginning with meteorology and anthropology and ending in economics.


India, economics in Mahalanobis, P. C. Optimal growth Planning Prebisch, R. Statistical inference Two-sector models Fel’dman, G. A. Dual development thesis 

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  1. Bhagwati, J.N., and S. Chakravarty. 1969. Contributions to Indian economic analysis – A survey. American Economic Review 59 (4, Supplement): 1–73.Google Scholar
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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Sukhamoy Chakravarty
    • 1
  1. 1.