Dr Akhtar Zaman

Akhtar Zaman

Postgraduate Research Supervisor

Faculty of Business, Design and Service Industries

I am a Senior Academic Staff Member in the Faculty of Business, Design and Service Industries at Toi Ohomai. I have also taught at other tertiary education providers in Bangladesh and also here in New Zealand Aotearoa at Otago University. I am a member of the Economic Society of Australia, Bangladesh Economic Society and the Royal Economic Society, UK. My research interests include Empirical Macroeconomics, International Economics, Business and Management.


    • PhD in Economics, M.A. in International and Development Economics, M.S.S. in Economics, B.S.S. in Economics

    Research Publications and Outputs

    Research Outputs

    • Akhtaruzzaman, M., N. Berg & C. Hajzler (2017). “Expropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?” European Journal of Political Economy, 49: 84-107
    • Akhtaruzzaman, M., N. Berg & D. Lien (2017). “Confucius Institute and FDI from China to Africa”.  China Economic Review, 44: 241-252
    • Akhtaruzzaman, M., C. Hajzler & D. Owen (2017). “Does Institutions Resolve the Lucas Paradox?” Applied Economics, 50(5): 455-474
    • Samad, A. & M. Akhtaruzzaman (2014). “FDI, Financial Development and Economic Growth: Evidence of Causality from East and South East Asian Countries”.  Global Business and Economics Review, 16 (2):
    • Akhtaruzzaman, M., S. Hasanuzzaman & S. Uddin (2014). “Relationship Between Economic Growth, Capital Flows, Export, and Relative Prices: An Examination of Thirlwall Law in Bangladesh”.  International Journal of Economics, 8(1): 105-111
    • Das, A., M. Chowdhury & M. Akhtaruzzaman (2012). “Panel Cointegration and Pooled Mean Group Estimations of Energy-Output Dynamics in South Asia”.  Journal of Economics and Behavioural Studies, 4(5): 277-286
    • Akhtaruzzaman, M., S. Hasanuzzaman & M. Shaha (2012). “Is Inflation Purely a Monetary Phenomenon in Bangladesh? Examining Long-run Evidence”.  SUST Studies, 15(1)
    • Haq, S.M., M. Akhtaruzzaman, et al. (2010). “Perception of Environmental Degradation and Family Size: A Comparative Study on Married Man and Women (Indigenous People) in Bangladesh.” International Journal of Sustainable Development, Vol.1(6)

    Working Papers and Works in Progress

    • Media Effects on Confucius Institute (with Lien, D. and Berg, N.)
    • Happiness and Academic Performance: Evidence from Post-Graduate International Students (with Ahmad, W. and Das, S.)
    • Crime rate in New Zealand: Socio-economic and demographic determinants (with Berg, N.)
    • Revised estimates of marginal product of capital (with Owen, D and Hajzler, C.)
    • Does resource endowment matter most for FDI in African countries?

    Research Grants/Awards

    • National Science Challenges (NSC) 2017: Building Better Homes, Towns, Cities (research grant of $ 0.6 million). A member of the research team of the NSC project in collaboration with Unitec, Scion, Tall Wood
    • End of Life Tyres as sustainable building products under floors and on outdoor surfaces. A member of ongoing research project of the CBRE (Centre for Business Research and Enterprise), Toi Ohomai Institute of Technology, funded (research grant of $ 300K) by the Ministry of Environment in 2016, Wellington, New Zealand

    Conference Presentation and Workshop

    • Confucius Institute and FDI from China to Africa, FLE Conference, Cambridge University, Cambridge, UK, 2017
    • Māori health outcomes and substandard housing in New Zealand, Toi Ohomai Institute of Technology, Rotorua, New Zealand, 2016
    • Expropriation Risk and FDI in Developing Countries: Does Return Of Capital Dominate Return On Capital? (with Berg, N. and Hajzler, C.), Academy of Business and Retail Management (ABRM), University of Oxford, Oxford, UK, 2016
    • Does Institutions Resolve the Lucas Paradox? (with Owen, D. and Hajzler, C.), New Zealand Association for Economists (NZAE) Annual Conference, Auckland, New Zealand, 2014
    • Does Institutions Resolve the Lucas Paradox? (with Owen, D. and Hajzler, C.), Development and Growth Workshop, Dunedin, New Zealand, 2013
    • Berlin Summer School, MIDE, HTW, Berlin, Germany, 2011
    • National Income Accounting and Human Development Index: A Workshop Organized by the Ministry of Finance and Planning, Government of Bangladesh, Dhaka, Bangladesh, 2009
    • Ensure Food Security by Reducing Unemployment in the Northern Region of Bangladesh: A project prepared and submitted at the Project Planning and Evaluation Workshop at HTW, Berlin, Germany, 2008

    Postgraduate Supervision and Mentoring

    • Neerja Sing (Master’s thesis at Toi Ohomai Institute of Technology, Rotorua, 2017): “Stress, self-efficacy and academic performance of post-graduate international students”
    • Philip Bright and Julie Millar (Mentoring an ongoing project of the colleagues at Toi Ohomai Institute of Technology, Rotorua, 2016): “Impacts of using note taking template on students’ academic performance and academic engagement” 
    • Suja Das Krishnanunni Kurup (Master’s thesis at Toi Ohomai Institute of Technology, Rotorua, 2016): “The Relationship between academic performance and happiness of international postgraduate students in NZ” 
    • Shauhua Yang (Master’s thesis at Toi Ohomai Institute of Technology, Rotorua, 2015): “Education exports: Effective marketing techniques for attractive international students at tertiary institutes in New Zealand”
    • Sharif Uddin (Master’s thesis at Shahjalal University of Science and Technology, Sylhet, Bangladesh, 2012): “Relationship between economic growth, capital flows, export, and relative prices: An examination of Thirlwall Law in Bangladesh” 


    • Applied Economics (Taylor and Francis, UK)
    • Applied Economics Letters (Taylor and Francis, UK)
    • New Zealand Economic Papers (NZAE, Wellington, New Zealand)
    • Scientific and Review Committee member, World Business Institute (Victoria, Australia)

    Contact information