Does Teaching Load Affect Faculty Size?

17 Pages Posted: 2 Mar 2009

See all articles by William E. Becker

William E. Becker

Indiana University Bloomington - Department of Economics; IZA Institute of Labor Economics; University of South Australia

William H. Greene

New York University Stern School of Business

John J. Siegfried

Vanderbilt University - College of Arts and Science - Department of Economics

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.

Keywords: student body, faculty size, Ph.D. degrees, bachelor degrees

JEL Classification: A22, A23, C23, J21

Suggested Citation

Becker, William E. and Greene, William H. and Siegfried, John J., Does Teaching Load Affect Faculty Size?. IZA Discussion Paper No. 3996, Available at SSRN: https://ssrn.com/abstract=1351160

William E. Becker (Contact Author)

Indiana University Bloomington - Department of Economics ( email )

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IZA Institute of Labor Economics

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University of South Australia

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William H. Greene

New York University Stern School of Business ( email )

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HOME PAGE: http://people.stern.nyu.edu/wgreene

John J. Siegfried

Vanderbilt University - College of Arts and Science - Department of Economics ( email )

Box 351819
Nashville, TN 37235
United States
615-322-2595 (Phone)
615-343-8495 (Fax)

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