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Does Teaching Load Affect Faculty Size?

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Author Info

  • William E. Becker

    ()
    (Department of Economics, Indiana University)

  • William H. Greene

    ()
    (Stern School of Business, New York University)

  • John J. Siegfried

    ()
    (Department of Economics, Vanderbilt University)

Abstract

Random effects estimates using panel data for 42 colleges and universities over 16 years reveal 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 number of undergraduate economics degrees awarded at those institutions. In contrast, faculty size at colleges where a bachelor's is the highest degree awarded is responsive to the average number of economics degrees awarded annually, growing by about one for each additional eleven graduating economics majors.

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File URL: http://www.accessecon.com/pubs/VUECON/vu08-w17.pdf
File Function: First version, 2008
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Bibliographic Info

Paper provided by Vanderbilt University Department of Economics in its series Vanderbilt University Department of Economics Working Papers with number 0817.

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Date of creation: Sep 2008
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Handle: RePEc:van:wpaper:0817

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Web page: http://www.vanderbilt.edu/econ/wparchive/index.html

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Keywords: Faculty size; student load;

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  1. Mundlak, Yair, 1978. "On the Pooling of Time Series and Cross Section Data," Econometrica, Econometric Society, vol. 46(1), pages 69-85, January.
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