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Does Teaching Load Affect Faculty Size?

William Becker, William Greene and John Siegfried

No 817, Vanderbilt University Department of Economics Working Papers from Vanderbilt University 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: Faculty size; student load (search for similar items in EconPapers)
JEL-codes: A22 A23 I21 (search for similar items in EconPapers)
Date: 2008-09
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http://www.accessecon.com/pubs/VUECON/vu08-w17.pdf First version, 2008 (application/pdf)

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