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Does Teaching Load Affect Faculty Size?

Author

Listed:
  • Becker, William E.

    (Indiana University)

  • Greene, William H.

    (New York University)

  • Siegfried, John J.

    (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

  • Becker, William E. & Greene, William H. & Siegfried, John J., 2009. "Does Teaching Load Affect Faculty Size?," IZA Discussion Papers 3996, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp3996
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    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. 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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    More about this item

    Keywords

    student body; faculty size; Ph.D. degrees; bachelor degrees;
    All these keywords.

    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
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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