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Does Teaching Load Affect Faculty Size?

Author

Listed:
  • 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.

Suggested Citation

  • William E. Becker & William H. Greene & John J. Siegfried, 2008. "Does Teaching Load Affect Faculty Size?," Vanderbilt University Department of Economics Working Papers 0817, Vanderbilt University Department of Economics.
    • Handle: RePEc:van:wpaper:0817
    as

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    References listed on IDEAS

    as
    1. John J. Siegfried, 2008. "Trends in Undergraduate Economics Degrees, 1991-2007," The Journal of Economic Education, Taylor & Francis Journals, vol. 39(3), pages 297-301, July.
    2. Mundlak, Yair, 1978. "On the Pooling of Time Series and Cross Section Data," Econometrica, Econometric Society, vol. 46(1), pages 69-85, January.
    3. Michael K. Salemi, 1996. "Where Have All the Majors Gone?," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 323-325, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Faculty size; student load;

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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