Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35516 
Year of Publication: 
2009
Series/Report no.: 
IZA Discussion Papers No. 3996
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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.
Subjects: 
Faculty size
student body
Ph.D. degrees
bachelor degrees
JEL: 
A22
A23
C23
J21
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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