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How Economists Allocate Time to Teaching and Research

Sam Allgood, William B. Walstad

American Economic Review · 2013 · Volume 103 · Issue 3

DOI: 10.1257/aer.103.3.654

Abstract

This study investigates three questions: (i) are there differences in teaching and research behavior between economists and other professors; (ii) do economists in the top 100 research departments allocate time differently than faculty in other disciplines at similarly ranked departments; and (iii) do professors respond to changes in incentives in allocating their time? The study uses data from the National Study of Postsecondary Faculty (NSOPF). The study specifies a regression equation controlling for institutional incentives to compare time allocation to teaching and research for economics professors and faculty members in math, physics, psychology, political science and business.

Keywords

Role of Economics, Role of Economists, Economic Education and Teaching of Economics: Undergraduate

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