Do Undergraduate Majors or Ph.D. Students Affect Faculty Size?

21 Pages Posted: 8 Jun 2010

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

Date Written: May 1, 2010

Abstract

Regression 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.

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

JEL Classification: A22, A23, C23, J21

Suggested Citation

Becker, William E. and Greene, William H. and Siegfried, John J., Do Undergraduate Majors or Ph.D. Students Affect Faculty Size? (May 1, 2010). CESifo Working Paper Series No. 3065, Available at SSRN: https://ssrn.com/abstract=1621527

William E. Becker (Contact Author)

Indiana University Bloomington - Department of Economics ( email )

Wylie Hall Room 105
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IZA Institute of Labor Economics

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University of South Australia

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Adelaide, South Australia 5001
Australia

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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