Does Teaching Load Affect Faculty Size?

William Becker, William Greene and John Siegfried

No 3996, IZA Discussion Papers from Institute of Labor Economics (IZA)

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 (search for similar items in EconPapers)
JEL-codes: A22 A23 C23 J21 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2009-02
New Economics Papers: this item is included in nep-edu
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Working Paper: Does Teaching Load Affect Faculty Size? (2008)
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