Department of Economics

Faculty

 

College of Liberal Arts

 

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Zsolt Becsi, Ph.D.

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Office: Faner Hall 4134

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Phone: 618/453-5062, becsi@siu.edu

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Ph.D. 1991, Economics, University of Wisconsin, Madison

B.A. International Affairs, George Washington University

 

Fields: Macroeconomics, Public Economics

 

Professional and Honorary Affiliations: American Economic Association

 

Recent and Published Research:

 

"Costly Intermediation, the Big Push and the Big Crash," with Ping Wang and Mark Wynne, Journal of Development Economics, August 1999.

"Endogenous Longevity and the Value-Maximizing Firm," Economics Bulletin, December 2002.

"War Technology, War, and Welfare," with Sajal Lahiri, India Macroeconomics Annual 2004-2005, edited by Sugata Marjit, the Reserve Bank of India Endowment: Calcutta.

"Heterogeneous Borrowers, Liquidity, and the Search for Credit," with Vector E. Li and Ping Wang, Journal of Economic Dynamics and Control, August 2005.

" Bilateral War in a Multilateral World: Carrots and Sticks for Conflict Resolution," with Sajal Lahiri, Canadian Journal of Economics, forthcoming 2006.

     

 

 

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Chifeng Dai, Ph.D.

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Office: Faner Hall 4140

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Phone: 618/453-5347, daic@siu.edu

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Ph.D., University of Florida, 2003

 

Fields: Industrial Organization, Contract Theory, Law and Economics, and Applied Econometrics

 

Recent and Published Research:

 

“The Appeals Process in Principal-Agent Relationships,” Journal of Economic Behavior & Organization, forthcoming.

“Wealth Constraint and Contractual Arrangements,” Canadian Journal of Economics, forthcoming.

“Regulating a Risk-Averse Firm under Incomplete Information,” Journal of Regulatory Economics, forthcoming.

“Economic Analysis and the Design of Alternative Route Teacher Education Programs,” with Sindelar, et al, Journal of Teacher Education, 58, 422-439, 2007.

“Delegating Management to Experts,” with Tracy R. Lewis and Giuseppe Lopomo, Rand Journal of Economics, 37, 503-520, 2006.

 

 

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Scott Gilbert, Ph.D.

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Office: Faner Hall 4136

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Phone: 618/453-5065, gilberts@siu.edu

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Ph.D., 1996 economics, University of California San Diego

Bachelor's Degree in economics, 1987, University of California Berkeley

 

Fields: Econometrics, Macroeconomics, Finance

 

Professional and Honorary Affiliations: Econometric Society

 

Recent and Published Research:

 

"Foreign Aid, History, and Growth," with Kevin Sylwester, in Theory and Practice of Foreign Aid, edited by Sajal Lahiri, forthcoming.

"Who's Afraid of Reduced-Rank Parameterizations of Multivariate Models? Theory and Example," working paper with Petr Zemcik, Journal of Multivariate Analysis, 97, 925-945, 2006.

"The Impact of Skewness in the Hedging Decision" (with Samuel K. Jones and Gay Hatfield), Journal of Futures Markets, 26, 503-520, 2006.

"Testing for Latent Factors in Models with Autocorrelation and Heteroskedasticity of Unknown Form" (with Petr Zemcik), Southern Economic Journal 72, 236-252, 2005.
"Distribution of Rankings for Groups Exhibiting Heteroskedasticity and Correlation," Journal of the American Statistical Association, March 2003.

 

 

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Richard Grabowski, Ph.D. and Chair

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Office: Faner Hall 4126

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Phone: 618/453-5082, ricardo@siu.edu, cv

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Ph.D. 1977, University of Utah, M.A. 1972, Eastern Illinois University.

B.S. 1971, Eastern Illinois University

 

Fields: Economic Development, International Economics

 

Professional and Honorary Affiliations: American Economic Association

 

Recent and Published Research:

 

Economic Development: A Regional, Institutional, and Historical Approach, co-authored with Sharmistha Self and Michael Shields (Armonk, New York: M.E. Sharpe, Inc., 2007).

"Economic Development and the Role of Agricultural Technology," with Sharmistha Self, Agricultural Economics 36 (2007), pp. 395-404.

"Agricultural Development, State Effectiveness and Long-Run Economic Development," with Sharmistha Self, Journal of Economic Development 31 (December 2006), pp. 73.90.

"Political Development, Agriculture, and Ethnic Divisions: An African Perspective," African Development Review 18 (September 2006), pp. 163-182.

"Economic Growth and Institutional Change," International Journal of Development Issues, 4 (December 2005), pp. 39-70.


 

     

 

 

 

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Sajal Lahiri, Ph.D., Vandeveer Chair

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Office: Faner Hall 4131

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Phone: 618/453-9472, lahiri@siu.edu

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Personal website:

http://mypage.siu.edu/lahiri

 

Ph.D., Indian Statistical Institute, 1977

 

Fields: International Trade, Development, Environmental Economics and Public Finance

 

Recent and Published Research:

 

"On the Provision of Official and Private Foreign Aid," Journal of Development Economics, 80, 179-197, 2006 (with A. Schweinberger).

“Food for Education Versus School Quality:  A Comparison of Policy Options to Reduce Child Labor,” Canadian Journal of Economics, 38, 394-419, 2005 (with Saqib Jafarey).

"Commercial Policy Reform in Pakistan: Opening Up the Economy Under Revenue Constraints," International Tax and Public Finance, 12, 723-739, 2005 (with A. Nasim).

Trade and industrial policy under international oligopoly, Cambridge University Press, 2003 (Paperback edition, 2007), (with Y. Ono).

”Will trade sanctions reduce child labour? The role of credit markets,” Journal of Development Economics, 68, 137-156, 2002  (with Saqib Jafarey).

 

 

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Thomas Mitchell, Ph.D.

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Office: Faner Hall 4143

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Phone: 618/453-5073, tmitch@siu.edu

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Personal website:

http://mysite.verizon.net/tmmitch/

 

Ph.D. 1984, M.A. 1981, Economics, Brown University (dissertation director: Ryuzo Sato).

B.S. 1978, Mathematics, Michigan State University

 

Fields: Microeconomic Theory, Mathematical Economics

 

Professional and Honorary Affiliations: American Economic Association, Phi Beta Kappa, Pi Mu Epsilon, MERLOT.org (Multimedia Eduational Resource for Learning and Online Teaching), SIUC Faculty Association

 

Faculty Advisor: Gamma Beta Phi, SIUC College Democrats

 

Recent and Published Research:

 

"Conservation Laws for Microeconomists!: Comments on Economic Conservation Laws as Indices of Corporate Performance," Japan and the World Economy, 16, 2004, 269-276.

"Indeterminate Output Allocations," in Economic Theory, Dynamics and Markets: Essays in Honor of Ryuzo Sato, Takashi Negishi, Rama V. Ramachandran, and Kazuo Mino, eds., Kluwer Academic Publishers, Boston/Dordrecht/London, 2001, pp. 429–437.
"Homotheticity and Non-radical Changes" (with R.G. Chambers), Journal of Productivity Analysis 15, 2001, pp. 31–39.
"Multiple Outputs and 'Homotheticity'" (with R. Färe), Southern Economic Journal, 60, 1993, pp. 287–296.
"First-Order Taylor Series Approximations and Cost Functions," Scandinavian Journal of Economics, 92, 1990, pp. 513–524.

 

     

 

 

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AKM Mahbub Morshed, Ph.D.

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Office: Faner Hall 4142

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Phone: 618/453-5740, mmorshed@siu.edu

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Personal website:

http://mypage.siu.edu/mmorshed

 

Ph.D. 2001, University of Washington

 

Fields: Macroeconomic Theory, International Economics

 

Recent and Published Research:

 

"Is There Really a 'Border Effect?'" Journal of International Money and Finance, forthcoming.

"Price Convergence Among Indian Cities: A Cointegration Approach," Journal of Asian Economics, 17(6), 1030-1043, 2006 (with Sung Ahn and Minsoo Lee).

"Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates." Review of Development Economics, forthcoming, (with Stephen
J. Turnovsky).

"Sectoral Adjustment Costs and Real Exchange Rate Dynamics in a Two-Sector Dependent Economy. " Journal of International Economics, 63, 147-177, 2004
(with Stephen J. Turnovsky).

"What Can We Learn From a Large Border Effect in Developing Countries?" Journal of Development Economics, 72, 353-369, 2003.

 

 

 

 

 

 

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Basharat Pitafi, Ph.D.

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Office: Faner Hall 4144

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Phone: 618/453-6250, pitafi@siu.edu

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Ph.D., University of Hawaii, 2004

 

Fields: Resource/Environmental Economics, Public Economics

 

Professional Affiliations: American Economic Association, American Agricultural Economic Association, American Water Resources Association, Association of Environmental and Resource Economists, Northeastern Agricultural and Resource Economics Association, Western Economic Association International, Western Regional Science Association

 

Recent and Published Research:

 

"The Economic Value of Watershed Conservation" (with K. Burnett, B. Kaiser and J. Roumasset), in Land Management Impacts on Coastal Watershed Hydrology, A. Fares and A.E. Kadi (eds.), Southampton: WIT Press, forthcoming.

"Prevention, Eradication, and Containment of Invasive Species: Illustrations from Hawaii," Agricultural and Resource Economics Review, Agricultural and Resource Economics Review, 35(1), 63-77, 2006.

"Evaluating Interdependent Watershed Conservation and Ground Water Management Reforms" (with J. Roumasset), Journal of the American Water Resources Association, 42(6), 1441-1450, 2006.

"Integrated Water Management Policies for Oahu" (with J. Roumasset), WRRC Bulletin, Spring 2005.

"Elasticity of Fuel Consumption: An Econometric Study," Empirical Economics Letters, 3(4), 181-193, 2004.

 

 

 

 

 

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Daniel Primont, Ph.D.

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Office: Faner Hall 4145

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Phone: 618/453-5066, primo@siu.edu

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Personal website:

http://mypage.siu.edu/primo

 

Ph.D. 1970, University of California, Santa Barbara

 

Fields: Microeconomic Theory, Productivity and Efficiency

 

Professional and Honorary Affiliations: American Economic Association, Econometric Society

 

Recent and Published Research:

 

"Morishima Gross Elasticity of Substitution," (with Charles Blackorby and R. Robert Russell), Journal of Productivity Analysis, forthcoming.

“Directional Duality Theory,” (with Rolf Färe), Economic Theory 29(1) (2006), 239-247.

"Luenberger Productivity Indicators: Aggregation Across Firms," (with Rolf Färe), Journal of Productivity Analysis

20(3) (2003), 425-435.
"Stochastic Estimation of Firm Inefficiency Using Distance Functions," (with Scott E. Atkinson and Rolf Färe), Southern Economic Journal  69(3) (2003),  596–611.
"Stochastic Estimation of Firm Technology, Inefficiency, and Productivity Growth Using Shadow Cost and Distance Functions" (with Scott E. Atkinson), Journal of Econometrics 108 (2002), 203–225.

 

     

 

 

 

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Subhash Sharma, Ph.D.

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Office: Faner Hall 4139

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Phone: 618/453-5070, sharma@siu.edu

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Personal website:

http://www.siu.edu/~sharma

 

Ph.D. 1983, Statistics, University of Kentucky.

M.S. 1979, Statistics, University of Kentucky.

M.A. 1975, Mathematical-Statistics, University of Delhi, India

B.A. 1973, Mathematics (Honors), University of Delhi, India

 

Fields: Econometrics/Time Series Analysis; Applied Econometrics: Monetary Economics, International Finance, Development Economics

 

Recent and Published Research:

 

"An Examination of Momentum Strategies in Commodity Futures Markets," Journal of Futures Markets, 2007, Vol. 27, No. 3, 227-256 (with Qian Shen and Andrew C. Szakmary).

"Currency Substitution in Asian Countries." Journal of Asian Economics, 2005, Vol. 16, 489-532 (with Magda Kandil and Santi Chaisrisawatsuk).

"The Morishima Elasticity of Substitution for the Variable Profit Function and the Demand for Imports in the U.S., International Economic Review, 2002, Vol. 43, No. 1, 115-135.

"Robustness to Non-Normality of Regression F-Tests," Journal of Econometrics, 1996, Vol. 71, No. 1 and 2, 175-205 (with M. M. Ali).

 

 

 

 

 

 

 

 

 

 

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Kevin Sylwester, Ph.D.

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Office: Faner Hall 4141

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Phone: 618/453-5075, ksylwest@siu.edu

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Ph.D. 1997, Economics, University of Wisconsin, Madison

M.A. 1995, University of Wisconsin, Madison

B.A. 1993, Washington University

 

Fields: Macroeconomics, Economic Growth, Development

 

Professional and Honorary Affiliations: Mmidwest Economics Association

 

Recent and Published Research:

 

"A Model of Institutional Formation within a Rent Seeking Environment," Journal of Economic Behavior and Organization 44 (2001), 169–176.
"Income Inequality, Education Expenditures, and Growth," Journal of Development Economics 63 (2000), 379–398.
"A Simple Model of Resource Degradation and Agricultural Productivity in a Subsistence Economy," Review of Development Economics 7 (4), 2003, 128-140.

"Income Inequality and Population Density 1500 A.D.: A Connection," Journal of Economic Development 28 (2), 2003, 61-82.

"A Note on Geography, Institutions, and Income Inequality," Economics Letters 85, 2004, 235-240.

 

 

     

 

 

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Paul Trescott , Ph.D. (Emeritus)

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Office: Faner Hall 4044

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Phone: 618/453-5095, trescott@midwest.net

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Ph.D. 1954, Princeton University

 

Fields: History of Economic Thought, Monetary, Economics of China

 

Recent and Published Research:

 

Jingji Xue: The History of the Introduction of Western Economic Ideas into China, 1850-1950. Hong Kong: Chinese University Press, 2007.

"China, the WTO and World Trade," US-China Review, 31:1, Winter, 2007, pp. 10-13.

"Liang Qichao, Sun Yat-sen, and the 1905-1907 Debate on Socialism," International Journal of Social Economics 32 (12), 2005.

"H.D. Fong and the Study of Chinese Economic Development," History of Political Economy 34(4), Winter 2002, pp. 789–809.
"Graduate Study in Economics by Chinese in the U.S., 1900-1950," Taiwan Journal of Political Economy 3(1), September 2000.
"Recent Developments in China's Economy," US-China Review 24(1), Winter 2000, pp. 7–9.

 

 

 

 

 

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Alison Watts, Ph.D.

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Office: Faner Hall 4138

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Phone: 618/453-5072, wattsa@siu.edu

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Ph.D. 1993, economics, Duke University

B.A. 1989, mathematics, Johns Hopkins University

 

Fields: Microeconomics, Game Theory, Law and Economics

 

Recent and Published Research:

 

"Formation of Segregated and Integrated Groups," International Journal of Game Theory, 35,4, 505-519, 2007.

"Formation of Buyer-Seller Trade Networks in a Quality-Differentiated Product Market" (with P. Wang), Canadian Journal of Economics 39, (2006), 971-1004.

"Uniqueness of Equilibrium in Cost Sharing Games," Journal of Mathematical Economics 37 (2002), 47–70.
"On the Formation of Interaction Networks in Social Coordination Games" (with M.O. Jackson), Games and Economic Behavior 41 (2002), 265–291.
"The Evolution of Social and Economic Networks" (with M.O. Jackson), Journal of Economic Theory 106 (2002), 265–295.

 

 

 

 

We have lost two colleagues to death in the past several years:

In addition to their classroom activities and their roles as mentors, our faculty are engaged in both theoretical and empirical research projects..

 

A separate set of pages lists the faculty's working papers, some of which can be downloaded in Adobe's portable document format (pdf). The research papers are organized in chronological order. To browse the faculty's research papers, start at the main working paper page.