Do undergraduate majors or Ph.D. students affect faculty size?
AbstractRegression analysis using panel data for 42 colleges and universities over 14 years suggests that the economics faculty size of universities offering a Ph.D. in economics is determined primarily by the long-run average number of Ph.D. degrees awarded annually; the number of full-time faculty increases at almost a one-for-one pace as the average number of Ph.D.s grows. Faculty size at Ph.D. granting universities is largely unresponsive to changes in the contemporaneous number of undergraduate economics degrees awarded at those institutions. Similarly, faculty size at colleges where a bachelor's is the highest degree awarded is responsive to the long and short term average number of economics degrees awarded but not the annual changes in BS and BA degrees awarded in economics.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 39930.
Date of creation: 2011
Date of revision:
Publication status: Published in American Economist 1.56(2011): pp. 69-77
faculty size; economics majors; Ph.D students;
Other versions of this item:
- William E. Becker & William H. Greene & John J. Siegfried, 2010. "Do Undergraduate Majors or Ph.D. Students Affect Faculty Size?," CESifo Working Paper Series 3065, CESifo Group Munich.
- I2 - Health, Education, and Welfare - - Education
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
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