Economics - AACSB - The University of Texas at San Antonio

Address 

Department of ECONOMICS 

College of BUSINESS 

The University of Texas at San Antonio 

One UTSA Circle 

Economics 

BB 3.03.16 

San Antonio, TX 78249 

Work Phone : (210)458-5396 

James Beaver 

Work Email : jbeaver@farmbureaubank.com 

Education 

Year Degree Major Institution 

1977 Doctor of Philosophy Economics Univ of Virginia Main 

Campus 

1971 Bachelor's Degree Economics Iowa State University 

Academic Experience - Academic Appointments 

Year Institution Role Description 

2000 - Present UTSA Adjunct Faculty 

1987 - 1989 George Mason University Adjunct Professor 

1977 - 1981 Trinity College, Hartford, CT Asst. Prof 

Teaching Area of Interest - Teaching Area of Interest 

Managerial Economics 

Monetary Theory and Policy 

International Finance 

Academic and Professional Societies/Associations - Academic 

Societies/Associations 

Year Role Society/Association Description 

2002 - Present Member Financial Managers 

Society 

1995 - Present Member National Association for 

Business Economics 

Member of Financial Managers 

Society. The FMS goal is to enhance the 

professional development of financial 

personnel within financial institutions. 

Member of National Association for 

Business Economics (NABE). NABE is 

the premier professional association for 

business economists and those who use 

economics in the workplace. Since 1959, 

NABE has attracted the brightest minds 

and the most prominent figures in 

economics, business, and academia to its

membership with highly-regarded 

conferences, educational and career 

development offerings, industry surveys, 

and its unrivaled networking 

opportunities. 

Have attended Annual Meetings and 

participated conference calls. 

Professional Experience - Other Professional Experience 

Year Title/Position Institution Comments 

1998 - Present VP Finance Farm Bureau Bank Responsible for managing bank's 

asset liability position, investment 

portfolio, business analytics, 

product pricing, financial 

reporting, liquidity position. 

1992 - 1998 Financial Officer BUSA Financial 

1990 - 1992 Managing Principal Vantage Financial Group 

and COO 

1986 - 1990 Director Funds American Bankers Assoc 

Mgmt, CFO 

Division 

1981 - 1986 Economist American Bankers Assoc

Hamid Beladi 

Address 

Department of Economics 

College of Business 



Interntl Review Eco/Fin (Iref) 

BB 4.03.56 


Work Phone : (210)458-7038 

Work Fax : (210)459-7040 

Work Email : hamid.beladi@utsa.edu 

Website : faculty.business.utsa.edu/hbeladi/ 



1983 Doctor of Philosophy Economics Utah State Univ 

1979 Master of Science Economics Utah State Univ 



2010 UTSA IBC Bank Senior 

faculty Fellow 

IBC Bank Senior Faculty Fellow, 

University of Texas at San 

Antonio, 2010- 

2005 University of Texas at San 

Antonio 

Professor 

Professor of Economics, 


Antonio, 2005 - 

01/2005 - 

06/2005 

City University of Hong 

Kong 

Visiting Professor Visiting Professor of Economics, 

City University of Hong Kong, 

January –June 2005 

2003 - 

01/2005 

NDSU Professor Senior Fellow and Professor of 

Economics, Center for 

Agricultural Policy and Trade 

Studies, North Dakota State 

University, 2003 - January 2005 

1993 - 2003 University of Dayton Professor Professor of Economics, 

University of Dayton, 1993 – 2003

1997 - 2001 University of Dayton Endowed Chair Niehaus Chair in Business 

Administration, University of 

Dayton, 1997 - 2001 

1993 - 1997 University of Dayton Endowed Research 

Scholar 

William J. Hoben Research 

Scholar in International Business, 

University of Dayton, 1993-1997 

1991 - 1993 University of Dayton Associate Professor Associate Professor of Economics, 

University of Dayton, Tenured, 

1991 - 1993 

1988 - 1991 University of Dayton Associate Professor Associate Professor of Economics, 

University of Dayton, 1988-1991 

1983 - 1988 Central Michigan University Assistant Professor Assistant Professor of Economics, 

Central Michigan University, 1983 

- 1988 


Courses Taught: 

International Economics 

International Trade and Finance 

Macroeconomics 

Mathematical Economics 

Microeconomic Theory 

Development Economics 

Business Decision Making 

Monetary Theory and Policy

Pedagogy - Dissertation Committees 

Year Type Description 

2010 - 2012 Dissertation Mike Williams (2010- ): PhD Dissertation Member, “Restricted 

Committees Private Information Provision During Short sale Bans”. 

2009 - 2011 Dissertation 

Committees 


Committees 


Committees 


Committees 

Elena Skouratora (2009- ),PhD Dissertation Member,UTSA: 

“Essays on American Depository Receipts, Mergers and 

Acquisitions, and Price Discovery in Oil Future Markets” 

Margot Quijano (2006-2008), PhD Dissertation Member UTSA: 

“Essays on Debt and Asset Prices”, Assistant Professor, Texas 

State University. 

Supervised post-doctoral student Cho, Gue Dae, NDSU, 2003- 

2005 

Supervised post-doctoral student Skripnitchenko, Anatoliy, 

NDSU, 2003-2005 


Committees 

Pedagogy - Development of New Pedagogies 

Supervised post-doctoral student Kim, Mina, NDSU, 2003-2005 


2005 - 2020 Development of 

New Pedagogies 

I approach my courses as collaborative activities between the 

student and myself. The vast majority of students (especially 

undergraduates) in my courses will never become producers of 

scholarship in international or development economics, so my 

responsibility is to cultivate in students a keen, critical analytical 

capacity in order that they can be responsible, well-informed 

decision-takers, as citizens and as professionals. I accept any 

student into a course with the caution that I do not provide 

remedial instruction on subject’s prerequisite to course 

enrollment. I try to combine testing of students' command of basic 

theory, methods and concepts with opportunities to apply these 

tools in real world situations. I make maximal use of out-of-class 

evaluation techniques. Short papers, take-home exams, problem 

sets, etc. permit students to explore subjects at their own pace 

better than do 50-minute quizzes or 2-hour exams. So where 

possible I tryto provide that flexibility. At the graduate level, takehome 

exams are available for a fixed duration (e.g., 3 days) in a 

one-week window so that students can schedule their exam to suit 

their other commitments. 

Research Interests - Research Interests

International Trade and Finance 

Microeconomic Theory 

Foreign Investment in LDCs and Designing of Incentive - Compatible Contracts 

Migration Models of Economic Development 

Decision-Making Under Uncertainty 

Natural Resource and Environmental Economics 

Book or Segment of Book - Book - Editor of Book or Book Series or 

Journal 

The Economics of International Trade and the Environment, edited with A. 

Batabyal, Lewis Publishers, 2001, Pages 331. 

Book or Segment of Book - Segment of Book - Chapter - Edited Book 

"Tourism, Terms of Trade and National Welfare,” ( with CC. Chao and B. 

Hazari), (2011),In “Tourism, Trade and Welfare: Theoretical and Empirical 

Issues” edited by B. Hazari and R. Hoshmand, Nova Science, Forthcoming. 

“Non–Traded Goods,” (with A. Chakrabarti ), The Princeton Encyclopedia of the 

World Economy, 2009. 

A Differential Game Theoretic Analysis of International Trade in Renewable 

Resources, (with A. Batabyal), in A.A. Batabyal, Dynamic and Stochastic 

Approaches to the Environment andEconomic Development, World Scientific 

Publishing, pp.123-144, 2008. 

"Dynamic Environmental Policy in Developing Countries in the Presence of a 

Balance of Trade Deficit and a Tariff," (A.Batabyal and D.M.Lee), in M. 

Munasinghe and O. Sunkel, (Eds.), The Sustainability of Long Term Growth, 

Edward Elgar, 2001.

Introduction and Overview of the Economics of International Trade and 

theEnvironment, in A. A. Batabyal and H. Beladi, (Eds.), The Economics of 

International Trade and the Environment, Lewis Publishers, 2001. 

"Seasonal Pricing of Municipal Water Using a Nonlinear Integer Programming 

Model," (with R. Narayanan), In: Applied Identification, Modeling and 

Simulation, M.H. Hamza (Editor). The International Association of Science and 

Technology for Development, ACTA Press, Anaheim California, 1986. 

Journal Publications - Journal Article - Refereed Journal 

“Foreign Direct Investment, Non-Traded Goods and Real Wages,” (with R. Oladi 

and J. Gilbert), Pacific Economic Review, 16, 1 (2011), pp.36-41. 

“Rural-Urban Migration and Multinational Firms,”( with S. Yabuuchi), The 

Annals of Regional Science, (2011), 46,pp.417-426. 

"Protection, Involuntary Self-Employment and Welfare,” (with S. Marjit and X. 

Xu), Japanese Economic Review, Vol. 62, No.2, (2011), pp. 184-195. 

"Globalization and Wage Stagnation: Historical and Theoretical Perspectives,” 

(with K. Weiher), Asia Pacific Journal of Accounting and Economics, Vol.18, 

pp. 201-211.

"An Alternate Approach to Modeling the Slack Season Provision of Guided Tours 

to Tourists,” ( with A. Batabyal), Tourism Management, Vol. 32, (2011), pp. 

1047-1049. 

"Technological Diffusion and Asset Prices,” ( with E. Ghossoub), Economics 

Letters, Vol.111, (2011), pp. 1-5. 

"Does Trade Liberalization Increase Global Pollution?,” (with R. Oladi), 

Resource and Energy Economics, Vol. 33, (2011), pp. 172-178. 

“Wage Subsidy and Welfare in Developing Countries,” (with S. Kar), Economics 

& Politics, Forthcoming. 

"Ecological, Economic, and New Synthetic Perspective in Range Management: 

An Interpretative Essay,” ( with A. Batabyal ), International Review of 

Environmental and Resource Economics, (2011), 5, pp. 147-198. 

“An Elementary Proposition on Technical Progress and Non- traded Goods,” 

(with R. Oladi ), Journal of Mathematical Economics, 47, (2011), pp. 68-75. 

“Fair Wages, Urban Unemployment and Welfare in a Developing Economy,” ( 

with C. C. Chao and D. Hollas), Economics Bulletin, Vol. 31, No.1, (2011), pp. 

273-285. 

“North- South Outsourcing, Immigration, and Skilled Wages: Through the Lens 

of Incomplete Contracts,” (with A. Chakrabarti and S. Marjit), Review of 

Development Economics, 15 (3), pp. 417-428, (2011). 

“An Analysis of the Demand for Skill in a Growing Economy,” ( with S. Marjit 

and K. Weiher), Economic Modeling, 28 (2011), pp. 1471-1474.

"An Elementary Proposition on Technical Progress and Non-traded Goods,” (with 

R. Oladi), Working Paper No. 0018ECO-414-2011. 

"Transport Provision to Tourists by a Cost Minimizing Firm: A Stochastic 

Characterization,” (with A. Batabyal ), Letters in Spatial and Resource Sciences, 

Forthcoming. 

Capital Mobility, Skill Formation and Polarization,” ( with S. Marjit and U. 

Broll), Economic Modeling, 28 (2011),pp. 1902-1906. 

Does Globalization Weaken Labor Unions in Developing Countries?,” ( with CC 

Chao and D. Hollas), Journal of International Trade and Economic Development, 

Forthcoming. 

"International Capital Mobility and Free Trade Once again,” (with R. Batra), 

Review of International Economics, Forthcoming. 

A Stochastic Dynamic Programming Approach to Decision Making in Arranged 

Marriages,” ( with A. Batabyal), Applied Mathematics Letters, 24, (2011), pp. 

2197-2200. 

"On Competition for Listings,”(with R.Oladi and N. Tay), Economics Letters, 

Forthcoming. 

"Outsourcing: Volume and Composition of R&D," 2011, (with S. Marjit and L. 

Yang), Working Paper No. 0001ECO-414-2011, College of Business, University 

of Texas at San Antonio. 

"A Model of Entrepreneurial Activity with Two Actions over Time and under 

Uncertainty ,” (with A. Batabyal), Letters in Spatial and Resource Sciences, Vol. 

3, (2010), pp. 45-54.

“Does Trade Liberalization Increase Global Pollution?” (with R. Oladi), Working 

Paper No. 0103ECO-414-2010, College of Business, University of Texas at San 


"Exchange Rate Pass-Through: A Generalization,” (with A. Chakrabarti and S. 

Marjit), Journal of Mathematical Economics, Vol. 46, (2010), Issue 4, pp. 493- 

504. 

"Technological Progress with Segmented Labor Markets,” (with L. De la Vina 

and S. Marjit), Review of Development Economics, Forthcoming. 

"Downsizing, Wage Inequality and Welfare in a Developing Economy, ( with 

C.C. Chao), Research in Economics, 64, (2010), pp. 224-230. 

"On Technical Progress and the Boundary of Non- Traded Goods,” (with R. 

Oladi), Mathematical Social Science,Vol. 60, (2010), pp.204-209. 

"The Effects of Collateralizable Income and Debt Overhang on Entrepreneurial 

Investment in an Open Regional Economy,” (with A. Batabyal ), Journal of 

Regional Science, Forthcoming 

"Cross-border Merger, Vertical Structure and Spatial Competition," ( with A. 

Chakrabarti and S. Marjit), Economic Letters, vol.109, (2010), pp. 112-115. 

"A stochastic model of the provision of guided tours to tourists,” (with A. 

Batabyal), Economics Bulletin,Vol. 30, (2010), No.1, pp. 577-586.

Exchange Rate Pass-Through: A Generalization, Working Paper No. 009ECO- 

414-2010, College of Busines, University of Texas at San Antonio. 

Technological Difusion and Asset Prices, (with E. Ghossoub), Working Paper No. 

0002ECO-566-1010, College of Business, University of Texas at San Antonio. 

"Sequential Spatial Competition in Vertically Related Industries with Different 

Product Varieties,” ( with A. Chakrabarti and S. Marjit), Economics Letters, 

Vol.106, (2010), pp.112-115. 

“A Model of Microfinance with Adverse Selection, Loan Default and Self- 

Financing,” (with A. Batabyal), Agricultural Finance Review, Volume 70, 

Number 1, (2010), pp. 55-65. 

“Outsourcing and the Heckscher - Ohlin Model,” ( with R. Batra ), Review of 

International Economics,18 (2), (2010), pp. 277-288. 

"Equity Control of Multinational Firms, Unemployment and Welfare,”( with S. 

Yabuuchi), Review of Development Economics, 14, (2010), pp. 93-102. 

"A Simple Two Sector Model of Outsourcing,” (with R. Batra), Review of 

Development Economics, 14, (1), (2010), pp. 64-73. 

“Skilled-Unskilled Wage Inequality and Urban Unemployment,”(with A. 

Chakrabarti and S. Marjit), Economic Inquiry, Vol.48, No. 4, (2010), pp. 997- 

1007.

“Tariff Jumping and Joint Ventures,” (with A. Chakrabarti and S. Marjit), 

Southern Economic Journal,79( 4), (2009), pp.1256-1269. 

“International and Intra-national Trade: A Continuum Approach,” (with S. 

Marjit), Japanese Economic Review, Vol. 60, No.3, (September 2009), pp. 320- 

332. 

“Trade, the Damage from Alien Species, and the Effects of Protectionism Under 

Alternate Market Structures,” (with A. Batabyal), Journal of Economic Behavior 

& Organization, 70 (2009), pp.389-401. 

“Market Interconnection and Wages,” (with R.Oladi), Economics Letters, 

Vol.105, (2009), pp.117-120. 

"A Theoretical Analysis of Income Tax Evasion, Optimal Auditing, and 

Credibility,” (with A. Batabyal), Journal of Theoretical Politics, Vol.22 (1), 

(2010), pp. 123-133. 

“Is Trade in Technology Superior to Trade in Goods?,” (with S. Marjit), Bulletin 

of Economic Research, Vol.61, No.2, (2009), pp. 195- 205. 

“Partial Compliance with Economic Sanctions, ” (with R.Oladi), Review of 

Development Economics, 13(1), (2009), pp. 125-133.

“Moving People or Jobs?, A New Perspective on Immigration and International 

Outsourcing,” ( with A. Chakrabarti ), Frontiers of Economics and Globalization 

: Contemporary and Emerging Issues in Trade Theory and Policy, Edited by S. 

Marjit and E. Yu, volume 4, (2009), pp. 317- 327. 

Globalization and Protectionist policy” (with R. Oladi and J. Gilbert) 

“Partisan Interest, Tailor –Made Trade Policy and Wages”( with S. Marjit) 

“ Strategic bi-sourcing ”( with A. Mukherjee ) 

“Traded and Non-traded Goods, Unemployment and the Wage Gap(with S. 

Marjit and A. Chakrabarti) 

“Private Production of Public Inputs”(with K. Choi) 

“Tourism and the Environment,” ( with C.C. Chao, B. Hazari, and J. Laffargue), 

Resource and Energy Economics, 31, (2009), pp. 39-49. 

“Market Interconnection and Wages,” (with R. Oladi), Working Paper No. 

0062ECO-414-2009, College of Business, University of Texas at San Antonio 

“Strategic bi- sourcing,” ( with A. Mukherjee), Discussion Papers in 

Economics, No. 08/06, University of Nottingham, July 2008.

“Bribery and Favoritism in Queuing Models of Rationed Resource Allocation,” 

(with A. Batabyal ), Journal of Theoretical Politics, 20, (2008), pp. 327-36. 

“Can International Factor Mobility Lessen Wage Inequality in a Dual 

Economy?,” (with S. Chaudhuri and S. Yabuuchi), Review of International 

Economics, vol.16, issue 5, (2008), pp.893-903 . 

“Minimize Regulation to Regulate- Extending the Lucas Critique,” ( with S. 

Marjit and A. Biswas), Economic Modelling, 25, (2008), pp. 623-627. 

“Foreign Equity Participation Under Incomplete Information,” (with A. 

Chakrabarti), Journal of Economic Behavior & Organization, 67,(2008), pp. 279- 

295. 

"Multinational Corporations and Export Quality,” (with R. Oladi and N. Chau), 

Journal of Economic Behavior and Organization, Vol. 65, (2008),pp. 147-155. 

“A New Approach to Currency Depreciation,” (with R. Batra), Review of 

Development Economics, 12 (4), (2008), pp. 683-693. 

“ Link Between Domestic R&D and Inflow of FDI:A Game-Theoretic 

Analysis,”(with C.Co and F. Firoozi), Pacific Economic Review, 13:2 (2008), 

pp.209-222.

“Is Regionalism Viable? A Case for Global Free Trade,” (with R. Oladi), Review 

of International Economics, vol.16, No.2, (2008), pp. 293-300. 

“Visitor Classification, Vehicle Breakdowns, and the Provision of Transport for 

Tourism,” (with A. Batabyal), Letters in Spatial and Resource Sciences, 1, 

(2008),pp.99-105. 

“Vertical Mergers and Downstream Spatial Competition with Different product 

Varieties,” (with A. Chakrabarti and S. Marjit), Economics Letters, 101, (2008), 

pp. 262- 264. 

“Non-traded Goods, Technical Progress and Wages,” (with R. Oladi), Open 

Economies Review, Vol. 19, (2008), pp. 507- 515. 

“Trade, Employment and the Informal Sector,” ( with S. Marjit), Trade and 

Development Review, Vol.1, No.1, (2008), pp. 7-20. 

“Mediator Learning and Dowry Determination in an Arranged Marriage Setting,” 

(with A. Batabyal), Economics Bulletin, Vol. 15, No.12, (2007), pp. 1-10. 

“International Migration and Real Wages,” (with R. Oladi), Economics Bulletin, 

Vol. 6, No. 30, (2007), pp.1-8.

“Does Foreign Aid Impede Foreign Investment?,” (with R. Oladi), Frontiers of 

Economics and Globalization: Theory and Practice of Foreign Aid, Edited by S. 

Lahiri, Vol. 1, (2007), pp. 55-64.Elsevier. 

“Protectionary Bias in Agriculture: A Pure Economic Argument,” (with S. Marjit 

and S. Kar), Ecological Economics, Vol. 63, issue 1, June 2007, pp.160-164 

“Brand Name Collaboration and Optimal Tariff,” (with S. Marjit and T. Kabiraj), 

Economic Modelling, Vol. 24, (2007), pp. 636-647. 

“A Dynamic Bertrand Game Model of Trade ,Threats, and Export Certification in 

Alien Species Management,” (with A. Batabyal), Journal of Economic Research, 

Vol. 12, (2007), pp. 65-78. 

“Trade and Real Wages: A Macroeconomic Model,” (with R. Batra), Review of 

International Economics, Vol. 15, issue 2, May 2007, pp. 243-251. 

“Trade Reform and Informal Wage,” (with S. Marjit and S. Kar), Review of 

Development Economics , 11(2), 313-320, 2007. 

“Tariff Jumping and Joint Ventures,” Working Paper No. 0002ECO-414-2006, 

College of Business, University of Texas at San Antonio

“Can International Factor Mobility Lessen Wage Inequality in a Dual 

Economy?” (S. Yabuuchi and S. Chaudhuri), Working Paper No. 0022ECO-414- 

2006, College of Business, University of Texas at San Antonio 

"Partial Compliance with Economic Sanctions: A Theoretical Explanation," ( 

With R. Oladi), Working Paper No. 0016ECO-414-2006, College of Business, 

University of Texas at San Antonio 

“Uniform Technical Progress: Can it be Harmful?,”(with R. Oladi and S.Marjit), 

Pacific Economic Review, Vol. 11, Issue 1, February 2006, pp.33- 38. 

“International Trade and Biological Invasions: A Queuing Theoretic Analysis of 

the Prevention Problem,” (with A. Batabyal), European Journal of Operational 

Research, Vol. 170, Issue 3, May 2006,pp. 758-770. 

“Environmental Policy, Comparative Advantage and Welfare for a Developing 

Country,” ( C. C. Chao), Environment and Development Economics, 

October, 2006, Volume 11, Issue 5, pp. 559-568. 

“Mixed Ownership, Unemployment and Welfare for a Developing Economy,” 

(with C.C. Chao), Review of Development Economics, Vol. 10, Issue 4, 2006, pp. 

604-611. 

“Strategic Advertising: the Fat-Cat Effect and Stability,” (with R. Oladi), 

Mathematical Social Sciences, Volume 51, Issue 2, March 2006, pp.153-161.

“Factor Accumulation and the Terms of Trade: Applications to the Asian 

Financial Crisis,” (with K. Choi), Pacific Economic Review, 11:3 (2006), pp. 383- 

394. 

“Renewable Resource Management in Developing Countries: How Long Until 

Crisis?,” (with A. Batabyal), Review of Development Economics, Vol.10, (2006), 

pp.103-112. [reprinted in A.A. Batabyal, Dynamic and Stochastic Approaches to 

the Environment and Economic Development, World Scientific Publishing, 2008, 

pp.87-101]. 

“A Stackelberg Differential Game Model of Trade in Renewable Resources,” ( 

with A. Batabyal) Review of International Economics, Vol. 14, Issue 1, (2006), 

pp.136-147. [ reprinted in A.A. Batabyal, Dynamic and Stochastic Approaches to 

the Environment and Economic Development, World Scientific Publishing, 2008, 

pp.103-121]. 

“Does Privatization Improve the Environment?”, (with C.C. Chao), Economics 

Letters, Vol. 93, (2006), pp.343-347. 

“Trade, Technology and Real Wages in the United States: A Modern and 

Historical Perspective,” (with R. Batra), Asia- Pacific Journal of Accounting and 

Economics, Vol. 13, No.1, (2006), pp. 11-25. 

“On Information Value and Mean-Preserving Transformation,” (with F. Firoozi 

and L. de la Vina), Applied Mathematics Letters, Vol.19, No. 9, 2006, pp. 843- 

848.

“Foreign Investment, Urban Unemployment and Informal Sector,”(with S. 

Yabuuchi and G. Wei), Journal of Economic Integration,V. 20,(2005), 123-138. 

“Is Free Trade Deflationary?,” (with M. Kim), Economics Letters, December 

2005, pp. 343-349. 

“Maritime Trade, Biological Invasions, and the Properties of Alternate Inspection 

Regimes,” (with A. Batabyal and W. Koo), Stochastic Environmental Research 

and Risk Assessment, 19, (2005), 184-90. 

“Foreign Investment Policies and Environment ,(with R. Oladi), Natural Resource 

Modeling,” Summer 2005, V. 18, Iss. 2, PP.113-26. 

Developing Country Governments, Polluting Firms, and the Design of 

International Environmental Agreements, (with A. Batabyal). RIT Working Paper 

#01-05, Department of Economics, Rochester Institute of Technology 

“On Trade off Between Cultural Sensitivity and Aggregate Size in Population 

Control Policy,” (with A. Batabyal), Applied Economics Letters, 2004, 11, 401- 

404. 

“Traded and Non-Traded Goods and Real Wages,” (with R. Batra), Review of 

Development Economics, V8, No. 1 (February 2004), 1-14. 

“Trade and Wage Inequality in Developing Countries,”(with S. Marjit and 

A.Chakrabarti ), Economic Inquiry, Vol. 42, No. 2, April 2004, 295-303.

“Time Restrictions in Natural Resource Management: A Dynamic and Stochastic 

Analysis,” (with A. Batabyal), European Journal of Operational Research, 157 

(2004), 775-783. 

“Skill Formation and International Migration: Welfare Perspectives of 

Developing Countries,” (with S. Kar), Japan and the World Economy, Volume 

16, Issue 1, January 2004, pp.35-54. 

“Swidden Agriculture in Developing Countries”, (with A. Batabyal), Review of 

Development Economics,” V 8, No. 2 (May 2004), 255-65 [reprinted in A.A. 

Batabyal, Dynamic and Stochastic Approaches to the Environment and Economic 

Development, World Scientific Publishing, 2008, pp.39-56.]. 

“Possibility or Impossibility of Paradoxes in the Small Country Harris-Todaro 

Framework: A Unifying Analysis,” Journal of Development Economics, 

(with S. Marjit), Vol.72, issue 1, October 2003, pp. 387-400. 

“The Role of Export Subsidies in Balance-of-Payments Crises,” (with C.C. Chao), 

European Journal of Political Economy, Volume 19, Issue 4, November 2003, 

pp.875-884. 

“Spouse Selection in Arranged Marriages: An Analysis of Time Invariant and 

Time Variant Decision Rules,” (with A. Batabyal), Journal of Economic 

Research, 8 (2003), pp.187-201. [reprinted in A. A. Batabyal, Stochastic Models 

of Decision Making in Arranged Marriages. University Press of America, 2006]. 

“The Stolper-Samuelson Theorem in a Wage-Differential Framework,” 

(with S. Marjit), Japanese Economic Review, June 2002, Vol.53, pp. 177-181.

“Aspects of the Theory of Environmental Policy in Developing Countries,” (with 

A. Batabyal), Discrete Dynamics in Nature and Society, 2002, 7 (1), pp.53-58 [ 

reprinted in A.A. Batabyal, Dynamic and Stochastic Approaches to the 

Environment and Economic Development, World Scientific Publishing, 2008, 

pp.213-226]. 

“Designing Collusion-Proof International Environmental Agreements: 

Developing Countries and Polluting Firms,” (with A. Batabyal), Environment and 

Planning A, 2002, V0l. 34, pp. 101-118. 

“A Dynamic Analysis of Protection and Environmental Policy in a Small Trading 

Developing Country,” (with A. Batabyal), European Journal of Operational 

Research, 143, pp. 197-209, 2002. [reprinted in A.A. Batabyal, Dynamic and 

Stochastic Approaches to the Environment and Economic Development, World 

Scientific Publishing, 2008, pp.189-212]. 

“On the Choice of Optimal Temporal Control in Renewable Resource 

Management,” ( with A. Batabyal), Stochastic Environmental Research and Risk 

Assessment, 16, (2002), pp. 325-332. 

“Arranged or Love Marriage? That is the Question,” ( with A. Batabyal ), Applied 

Economics Letters, 9 (13), (2002), pp.893-897, 2002 [reprinted in A. A. Batabyal, 

Stochastic Models of Decision Making in Arranged Marriages. University Press 

of America, 2006]. 

“Complementarity Between Trade and Factor Movement: Revisiting Mundell- 

Markusen Propositions,” (with S.Marjit), Keio Economic Studies, Volume 

XXXIX, No. 1, pp.57-62, 2002.

“Multinational Corporations and Industrial Employment,” (with R. 

Frasca), Journal of Economic Integration, March 2001, Vol. 16 (1), pp. 66 – 77. 

"Employment Risk and Optimal Trade Policies," (with K. Choi and J. Chen), The 

Japanese Economic Review, September 2001, Vol. 52, No. 3, pp. 303-315. 

“On the Optimal Management of a Class of Aquatic Ecological- 

Economic Systems,” (with A. Batabyal), European Journal of Operational 

Research, Volume 132, August 2001, pp. 561-568. 

“Aspects of the Theory of Financial Risk Management for Natural Disasters,” 

with A. Batabyal), Applied Mathematics Letters, 14 (7), 2001, pp. 875-880. 

“Tariff-Induced Capital Inflow and Welfare in the Presence of Unemployment 

and Informal Sector,” (with S.Yabuuchi), Japan and the World Economy, 2001, 

13, pp. 51- 60. 

“South-South Cooperation and Export,” (with S. Marjit), Theory and 

Decision, 2001, vol. 50, pp. 283-293. 

“Urban Unemployment, Informal Sector and Development Policies,” (with S. 

Yabuuchi), Journal of Economics, 2001,Vol. 74, No. 3, pp. 301-314. 

“FDI and Factor Intensity : A Classssical View,” (with F. Firoozi), Keio 

Economic Studies, 2001, Vol. XXXVIII, No. 1, pp.17-31.

Aspects of the Theory of Financial Risk Management for Natural Disasters, (with 

A. Batabyal). RIT Working Paper #01-10, Department of Economics, Rochester 

Institute of Technology 

A Dynamic Analysis of Protection and Environmental Policy in a Small Trading 

Developing Country, (with A. Batabyal). RIT Working Paper #02-01, 

Department of Economics, Rochester Institute of Technology 

On the Optimal Management of a Class of Aquatic Ecological-Economic 

Systems, (with A. Batabyal). RIT Working Paper #00-01, Department of 

Economics, Rochester Institute of Technology 

Dynamic Environmental Policy in Developing Countries in the Presence of a 

Balance of Trade Deficit and a Tariff, (with A. Batabyal and D.M. Lee). 

Economic Research Institute Study Paper #00-24, Department of Economics, 

Utah State University 

"North-South Investment Flows and Optimal Environmental Policies," (with 

N. Chau and M. Ali Khan), Journal of Environmental Economics and 

Management, 2000, 40, pp. 275-296. 

"Endogenous Factor Market Distortion, Risk Aversion and International Trade 

Under Input Uncertainty," (with N. Chau), Canadian Journal of Economics, May 

2000, Vol. 33, No. 2. pp. 523-539. 

"A General Equilibrium Analysis of Foreign Investment and Intersectoral 

Linkage," (with S. Marjit), Journal of International Trade and 

Economic Development, June 2000, Vol. 9, No. 2, pp. 213-218.

"Urban Unemployment, Rural Labor Monopsony, and Optimal Policies," (with C. 

C. Chao), Japan and the World Economy, 2000, 12, pp. 1-9. 

"On the Extinction of Species in Jointly Determined Stochastic Systems," (with 

A. Batabyal), Applied Economics Letters, 2000, 7, pp. 609-612. 

"Uncertainty and the Effectiveness of Monetary and Fiscal Policies," (with K. 

Choi), The Manchester School of Economic and Social Studies, 2000, Vol. 65 

(5), pp. 491-502. 

"The Stability of Stochastic Systems: The Case of Persistence and Resilience," 

(with A. Batabyal), Mathematical and Computer Modelling, 1999, 30(8), pp. 27- 

34. 

"Technology Adoption and LDC Firms," (with S. Marjit), Ricerche Economiche ( 

Research in Economics ), 1999, 53, pp. 421-429. 

“Pollution Control Under an Urban Binding Minimum Wage,” (with R. 

Frasca), The Annals of Regional Science, 1999, Vol. 33, No. 4, pp. 523-533.

“Foreign Capital Inflows, Non-Traded Sector and Welfare,” (with S.Marjit), 

Development Policy Review, March 1999, Vol. 17, No. 1, pp. 77-84. 

“Complementarity Between Import Competition and Import Promotion,” (with S. 

Marjit), Journal of Economic Theory, 1999, Vol. 86, pp. 280-285. 

"Trade Policies and Equilibrium Unemployment," (with R. Batra), The 

Manchester School, September 1999, Vol. 67, No. 4, pp. 545-556. 

“The Three Faces of Factor Intensities,” (with R. Jones and S. Marjit), Journal of 

International Economics, 1999, Vol. 48, pp. 413-420. 

“Foreign Investment and Environmental Regulation in LDCs,” (with C. C. Chao 

and R. Frasca), Resource and Energy Economics, 1999, 21, pp. 191-199. 

"Economic Expansion and Equilibrium Unemployment," (with R. Frasca), 

Keio Economic Studies, 1999, 36(2), pp. 81-90. 

The Stability of Stochastic Systems: The Case of Persistence and Resilience, 

(with A. Batabyal). Economic Research Institute Study Paper #99-17, 

Department of Economics, Utah State University.

On the Extinction of Species in Jointly Determined Stochastic Systems, (with A. 

Batabyal). Economic Research Institute Study Paper #99-23, Department of 

Economics, Utah State University 

“Gains From Trade in a Deficit-Ridden Economy: Further Analysis,” (with R. 

Batra), Journal of Institutional and Theoretical Economics, December 

1998, Vol.154, No. 4. 

"Environmental Pollution and World Trade," (with R. Batra and R. Frasca), 

Ecological Economics, 1998, 27, pp. 171-182. 

"Foreign Capital Accumulation and National Income: Does Unemployment 

Matter?," (with S. Marjit and R. Frasca), Keio Economic Studies, 1998, 35 (1), 

pp. 19-27. 

"Equilibrium Unemployment Rate and Customs Union," (with H. Hazari and P. 

Sgro), Pacific Economic Review, 1998, 3:3, pp. 189-199. 

"Imperfect Labor Mobility and Unemployment in LDCs, A Reply," (with A. 

Parai), Southern Economic Journal, 1998, 65 (1), pp. 182-184. 

"Manufacturing and the Trade Balance," (with R. Batra), Pacific 

Economic Review, 1998, Vol. 3, No.2, pp. 121-131.

“Welfare Reducing Trade and Optimal Trade Policy," (with K. Choi), Japan and 

the World Economy, 1998, pp.187-198. 

“Product Versus Process Patent: A Theoretical Approach,” (with S. 

Marjit), Journal of Policy Modeling, 1998, Vol. 20, No. 2, pp. 193-199. 

"An Analysis of the Optimal Size of a Special Economic Zone," (with S.Marjit), 

Swiss Journal of Economics and Statistics, (Schweizerische Zeitschrift für 

Volkswirtschaft und Statistik), 1997, Vol. 133, pp.153-164. 

"Imperfect Labor Mobility and Unemployment in LDCs," (with A. Parai), 

Southern Economic Journal, 1997, 64(1), pp. 180-190. 

"Technology for Sale," (with R. Jones and S. Marjit), Pacific Economic Review, 

1997, 2:3, pp.187-196. 

"Gains from Trade in a Deficit Ridden Economy," (with R. Batra), Journal of 

Institutional and Theoretical Economics, 1996, Vol. 152, No. 3, pp. 540-554.

"Protection and the Gainful Effects of Foreign Capital," (with S. Marjit), 

Economics Letters, 1996, Vol. 53, pp. 311-326. 

"An Analysis of Rural - Urban Migration and Protection," (with S. Marjit), 

Canadian Journal of Economics, 1996, Vol. XXIX, No. 4, pp. 930-940. 

"Why East Asian Countries Grow Faster Than Others: A Recipe for Economic 

Growth," (with K. Choi), The Journal of International Trade and Economic 

Development, 1996, pp. 207-237. 

"Urban Unemployment, Variable Returns to Scale and Terms of Trade," (with C. 

Ingene), Managerial and Decision Economics, 1996, pp. 241-251. 

"Technology for Sale," (with R. Jones and S. Marjit), Rochester Center for 

Economic Research, No. 425, August 1996. 

"Protection, Underemployment and Welfare," (with S. Marjit)), EPRU, Economic 

Policy Research Unit, Copenhagen, Business School, ISBN 0908-7745 

"Equilibrium Unemployment Rate, Welfare and Customs Unions," (with H. 

Hazari and P. sgro), Faculty of Management, Graduate School of Management, 

Deakin University, No.9506, Australia.

"The Three Faces of Intensities," (with R. Jones and S. Marjit), working paper, 

273, University of Konstanz, Germany, 1995. 

"Asset Specificities, Multinational Firms and International Trade," (with K. 

Prasad), Journal of Institutional and Theoretical Economics, 1995, Vol. 151, pp. 

593-612. 

"Regional Pollution and Multinational Firms," (with R. Frasca), Ecological 

Economics,1995, pp. 117-125. 

"Multinational Corporations in Developing Economies," (with K. Choi), Regional 

Science and Urban Economics, 1995, pp. 675-684. 

"Capital Mobility and Import Substitution Policies," (with with S. 

Marjit), Journal of International Trade and Economic Development, 1994, Vol. 

3, No. 3, pp. 269-275. 

"A General Equilibrium Analysis of Rural - Urban Migration Under Uncertainty," 

(with C. Ingene), Journal of Regional Science, 1994, Vol. 34, No. 1, pp. 91-103. 

"A General Equilibrium Analysis of Regulation and Income Distribution," (with 

R. Batra), European Journal of Political Economy, 1994, Vol. 10, pp. 625-638.

"Regulation and the Theory of Tax Incidence," (with R. Batra), Public 

Finance, 1993, Vol. 48, No. 3, pp. 329-349. 

"Uncertainty and the Optimal Production Tax," (with K. Choi), Journal of 

International Trade and Economic Development, June 1993, pp. 65-77. 

"The Choice of Licensing Versus Direct Foreign Investment in 

Developing Countries," (with C. C. Chao), Journal of Economics, ( Zeitschrift 

für Nationalökonomie), 1993, Vol. 58, pp. 175-186. 

"Non-Traded Goods, Urban Unemployment and National Welfare in LDCs," 

(with C.C. Chao), European Journal of Political Economy, 1993, Vol. 9, pp. 281- 

292. 

"Urban Unemployment and the Backward Incidence of Pollution Control," (with 

J. Rapp), The Annals of Regional Science, 1993, Vol. 27, pp. 153-163. 

"Rational and Adaptive Expectations in the Present Value Model of 

Hyperinflation," (with A. Parai and M. Choudhary), The Review of Economics 

and Statistics, 1993, 73(3), pp. 511-515.

"Sluggish Intersectoral Factor Movements and Trade Policies," (with A. Parai), 

Southern Economic Journal, 1993, Vol. 59, No. 4, pp. 760-767. 

"Optimal Trade Policies for a Small Open Economy," (with K. Choi), Economica, 

1993, Vol. 60, pp. 475-486. 

"Foreign Capital, Unemployment and National Welfare," (with S. Marjit), Japan 

and the World Economy, 1992, Vol. 4, No. 4, pp. 311-318. 

"Urban Unemployment, Uncertainty and Economic Expansion," (with C. 

Ingene), Southern Economic Journal, October 1992, Vol. 58, No. 2, pp. 475-490 

"Foreign Capital and Protectionism," (with S. Marjit), Canadian Journal 

of Economics, February 1992, pp. 233-238. 

"Variable Returns to Scale, Urban Unemployment and Welfare: A Reply," (with 

with C. Ingene), Southern Economic Journal, April 1992, pp. 1110-1113. 

"Superior Technology and LDC Firms," (with S. Marjit), Rochester Center for 

Economic Research, No. 313, 1992.

"Asset Specificities, International Trade and Multinational Firms," (with K. 

Parasad), Economic Theory Discussion Paper, University of Cambridge, No. 173, 

August 1991. 

"Foreign Capital and Protectionism," (with S. Marjit), Rochester Center for 

Economic Research, No. 310, 1991. 

"Urban Unemployment and Economic Expansion," (with C.C. Chao), Rivista 

Internazionale, April 1991, Vol. XXXVIII, No. 4, pp. 345-353. 

"Shadow Prices with Variable Factor Supply and Distortion," (with B. Biswas and 

G. Tribedy), Southern Economic Journal, January 1991, pp. 649-655. 

“Unemployment and Immiserizing Transfer,” Zeitschrift für 

Nationalökonomie (Journal of Economics), 1991, Vol. 52, No. 3, pp. 253-265. 

"Uncertainty, Domestic Distortions and Optimal Tariffs," (with S. Samanta), 

Southern Economic Journal, July 1991, Vol. 58, No. 1, pp. 87-92. 

"Unemployment, Welfare and Immiserizing Growth," Rivista Internazionale 

di Scienze Economiche E. Commerciali, (with J. Rapp), 1991, Vol. XXXVIII, No. 

5, pp. 385-392.

"The Minimum Wage Economy, Variable Returns to Scale and Welfare," 

Journal of International Economic Integration, Autumn 1990, Vol. 5, No. 2, pp. 

38- 50 . 

"Factor Underutilization and the Theory of International Trade," (with S. Marjit), 

Keio Economic Studies, 1990, Vol. XXVII, No. 2, pp. 43-51. 

"An Analysis of Economic Expansion for a Small Economy," Rivista 

Internazionale, September 1990, Vol. XXXVII, pp. 817-828. 

"Pattern of Trade Between Underemployed Economies," (with R. Batra), 

Economica, 1990, Vol. 57, pp. 485-493. 

"Sector Specific Wage Rigidity and Factor Accumulation," 1990, The Economic 

Record, pp. 32-40. 

"Unemployment, Trickle Down Effects and Regional Income 

Disparities," Regional Science and Urban Economics, 1990, Vol. 20, pp. 351- 

357. 

"Foreign Technology and Customs Unions: Trade Creation and Trade Diversion," 

(with S. Samanta), Journal of Economic Studies, 1990, Vol. 17, No., 6, pp. 27-35.

"Price Advertising Decision Under Uncertainty," (with S. Samanta), The Indian 

Economic Journal, October - December 1989, Vol. 37, No. 2, pp. 28-39. 

"Factor Market Distortions and the Backward Incidence of Pollution Control," 

(with S. Samanta), The Annals of Regional Science, Vol. XXII, March 1988, pp. 

75-83. 

"Specific Factors, Unemployment and Trade Theory," (with R. Batra), 

Weltwirtschaftlices Archiv, 1988, Band 124, pp. 435-444. 

"Variable Returns to Scale, Urban Unemployment and Welfare," Southern 

Economic Journal, 1988, Vol. 55, No. 2, pp. 412-423. 

"Urban Unemployment and Non-Immiserizing Growth," (with N.Naqvi), The 

Journal of Development Economics, 28, May 1988, pp. 365-376. 

"Unanticipated Monetary Policy: Another Look for a Developing Country," (with 

S. Samanta), Journal of Macroeconomics, Spring 1988, Vol. 10, No. 2, pp. 297- 

307.

"Unanticipated Monetary Policy and Real Output - Some Evidence from U.K. 

Economy," (with S. Samanta), Applied Economics, Vol. 20, No. 6, June 1988, pp. 

721-729. 

"The Theory of Inter-Industry Wage Differentials: An Intertemporal Analysis," 

(with N.Naqvi), Canadian Journal of Economics, May 1987, pp. 245-256. 

"An Analysis of Wage Differentials for a Small Open Economy," (with N. 

Naqvi), Southern Economic Journal, January 1987, pp. 605-614. 

"Feasibility of Seasonal Water Pricing Considering Metering Costs," (with R. 

Narayanan), Water Resources Bulletin, Vol. 23, No. 6, December 1987, pp. 1091- 

1099. 

"Disequilibrium Dynamics of Employment and Exchange Rate in a Small Open 

Economy in the Short Run," (with H. Zadeh), Journal of Economics and 

International Relations, Vol. 1, No. 4, Winter 1987, pp. 335-342. 

"The Impact of Effective Exchange Rates and Domestic Absorption on Sectoral 

Exports: An Application to Indian Tea Exports," (with B. Biswas and G. 

Tribedy), Indian Economic Journal, Vol. 34, No. 4, 1987, pp. 73-80.

"The Long - Run Behavior of the Firm Under Uncertainty," (with N. Naqvi and S. 

Lee), Atlantic Economic Journal, Vol. 15, No. 4, December 1987, pp. 57-64. 

"Trade Unions and Money Wage Changes in U.S. Manufacturing Industries: 

Further Empirical Evidence," (with L. Bruner), Quarterly Journal of Business 

and Economics, 1987, Vol. 26, No. 3, pp. 79-86. 

"Growth of Income and the Balance of Payments: Keynesian and Monetary 

Theories," (with B. Biswas and G. Tribedy), Journal of Economic Studies, Vol. 

13, No. 4, 1986, pp. 44-55. 

"An Analysis of Some Trade Theoretic Aspects of Investment and the Balance 

of Payments," (with N. Naqvi), Journal of Economic Development, Vol. II, No. 

2, 1986, pp. 197-211. 

"Inflation and Indexation: An Empirical Approach," (with L. Bruner and H. 

Zuberi), Southern Economic Journal, July 1985, pp. 250-64. 

"Energy Development and Navajo Coal Leasing Programs: A Dynamic 

Optimization Approach," (with B. Biswas, R. Narayanan and G. Tribedy), 

Resources and Energy, Vol. 7, No. 4, 1985, pp. 305-324.

Presentations - Presentation – Academic - Presentation - Academic 

A Model of Microfinance With Adverse Selection, Loan Default, and Self- 

Financing, (with A. Batabyal ). 

* AIEFS Session at ASSA Meeting, Atlanta, January 2010. 

Private Information, Entrepreneurial Investment, and Debt Repayment in an 

Open Regional Economy, (with A. Batabyal). 

* RSAI NARSC Annual Conference, San Francisco, November 2009. 

City University of Hong Kong, Summer 2003 

Tinbergen Institute, Erasmus University, Rotterdam, May 1998 

Chinese University of Hong Kong, 1993 

University of Konstanz, Germany, Summer 1992 

University of Bonn, Germany, October 1990 

Presentations - Conference Presentation or Paper - Conference - Invited 

Speaker 

Keynote Speaker, 7 th INFER Workshop on International Economics, jointly with 

aeefi, March, 2008, Murcia, SPAIN. 

“Skilled-Unskilled Wage Inequality and Urban Unemployment,”(with A. 

Chakrabarti and S. Marjit), 7 th INFER Workshop on International Economics, 

jointly with aeefi, 28-29 March, 2008, Murcia, SPAIN.


Alternate Market Structures,” (with A. Batabyal ) , * Applied Economics and 

Management Department, Cornell University, March 2008. Economics 

Department, Syracuse University, October 2008. 

"Welfare Improving Foreign Capital Inflow in a Developing Economy," Feng 

Chia University, Taiwan, July 21-23, 1996. 

"Productivity and Real Wages in the United States," Presented at International 

Trade, Finance and Economic Development Conference, The Chinese University 

of Hong Kong, Hong Kong, July 24-26, 1996. 

"The Three Faces of Factor Intensities," (with R. Jones and S. Marjit). Presented 

at 70th Annual Conference of Western Economic Association, San Diego, 

California, July 1995 

"North American Free Trade and the Chilean Economy," Concepcion, 

Chile, August 1994. 

Presentations - Conference Presentation or Paper - Conference - 

Reviewed International


Alternate Market Structures,” (with A. Batabyal ).* RSAI NARSC 53rd Annual 

Conference, Toronto, Canada, November 2006. 

“A Strategic Link between Domestic R&D and the Inflow of FDI,”(F. Firoozi, K. 

Co), Presented at the 79 th Annual WEA International Conference, Vancouver, 

Canada, 2004 

"Domestic R & D and Inflow of FDI,”,( F. Firoozi and K. Co) Presented at 75 th 

Annual WEA International Conference, Vancouver, Canada, June 29-July 3, 

2000. 

"Why East Asian Countries Grow Faster Than Others: A Recipe for Economic 

Growth,"(with K. Choi) Presented at International Conference on Four Little 

Dragons: Economic Development and Transformation, The Chinese University 

of Hong Kong, Hong Kong, May 1994. 


Reviewed National 

On Inter and Intra-industry Trade and Welfare ( with R. Oladi ), Western 

Economic association International, 86 th Annual conference, June 29- July 3, 

2011, San Diego, USA. 

The Effects of Collateralizable Income and Debt Overhang on Entrepreneurial 

Investment in an Open Regional Economy, (with A. Batabyal ). SRSA Annual 

Meeting, Arlington, Virginia, March 2010. 

A Theoretical Analysis of Income Tax Evasion, Optimal Auditing, and 

Credibility, (with A. Batabyal ). 

* AIEFS Session at ASSA Meeting, San Francisco, January 2009 

EEA Annual Conference, New York City, February 2009.

“Bribery and Favoritism in Queuing Models of Rationed Resource Allocation,” 

(with A. Batabyal ) 

* AIES Session at ASSA Meeting, New Orleans, January 2008. 

“Mediator Learning and Dowry Determination in an Arranged Marriage Setting,” 

(with A. Batabyal ). 

* NEUDC Conference, Cornell University, October 2006. 

* AIES Session at ASSA Meeting, Chicago, January 2007. 


Reviewed Regional 


Alternate Market Structures,” (with A. Batabyal ). *Midwest Economic Theory 

and International Economics Meeting, University of Iowa, May 2009. 

A Model of Microfinance With Adverse Selection, Loan Default, and Self- 

Financing, (with A. Batabyal ). 

* RSAI NARSC Annual Conference, New York City, November 2008 

A Theoretical Analysis of Income Tax Evasion, Optimal Auditing, and 

Credibility, (with A. Batabyal ). 

* RSAI NARSC Annual Conference, New York City, November 2008. 


Alternate Market Structures,” (with A. Batabyal ).* Economics Department, State 

University of New York at Binghamton, April 2007.


Alternate Market Structures,” (with A. Batabyal ).* 4th Conference on 

Mathematical Methods in Counterterrorism, Rochester Institute of Technology, 

September 2007. 

Trade, the Damage from Alien Species, and the Effects of Protectionism Under 

Alternate Market Structures,” (with A. Batabyal ).* IEFS Session at ASSA 

Meeting, Boston, January 2006. 


Alternate Market Structures,” (with A. Batabyal ).* WRSA 45th Annual Meeting, 

Santa Fe, February 2006. 

Trade, the Damage from Alien Species, and the Effects of Protectionism Under 

Alternate Market Structures,” (with A. Batabyal ). 

* Midwest Economic Theory and International Economics Meeting, University 

of Kansas, October 2005. 


Alternate Market Structures,” (with A. Batabyal ).* International Agricultural 

Trade Research Consortium Annual Meeting, San Diego, December 2005. 

“ On the Value of Information,” ( F. Firoozi), Presented at the 77 th Annual WEA 

International Conference, Seattle, CA, July 3- July 7, 2002. 

“ FDI and Factor Intensity: A Classical View,” ( F. Firoozi), Presented at the 76 th 

Annual WEA International Conference, San Francisco, CA, July 4- July 8, 2001.

"Population Growth and Trade,"(with K. Choi), Presented at 73 rd Annual 

Conference of Western Economic Association, Lake Tahoe, Nevada, July 1998. 

"Signaling Games and Foreign Direct Investment,"(with F. Firoozi) Presented at 

73 rd Annual Conference of Western Economic Association, Lake Tahoe, Nevada, 

July 1998. 

"Technology for Sale," (with R. Jones and S. Marjit). Presented at 72nd Annual 

Conference of Western Economic Association, Seattle, Washington, July 1997. 

"Protectionism and National Welfare," Presented at 69th Annual Conference of 

Western Economic Association, Vancouver, Canada, June 1994. 

"Optimal Tariff and Public Input Provision," Presented at 68th Annual 

Conference of Western Economic Association, Lake Tahoe, California, 

June 1993. 

"Uncertainty and Optimal Trade Policy,"(with K. Choi), Presented at 66th Annual 

Conference of Western Economic Association, Seattle, Washington, June 28-July 

4, 1991.

"Paradoxes in International Trade Theory with Variable Labor 

Supply," Presented at the 5th Annual Conference of Western Economic 

Association, San Diego, California, June 29-July 3, 1990. 

"Trade Policy and Natural Rate of Unemployment," (with R. Batra). Presented at 

65th Annual Conference of Western Economic Association, San Diego, 

California, June 29-July 3, 1990. 

"Urban Unemployment and Backward Incidence of Pollution Control," (with 

J.Rapp). Presented at 65th Annual Conference of Western Economic Association, 

San Diego, California, June 29-July 3, 1990. 

"Generalized Unemployment and Non-Immiserizing Growth," Presented at 

Western Economic Association International, 64th Annual Conference, Lake 

Tahoe, Nevada, June 18-22, 1989. 

"Factor Immobility, Endogenous Factor Price Differentials and Commercial 

Policies," (with A. Parai). Presented at 59th Annual Conference of the Southern 

Economic Association, Orlando, Florida, November 19-21, 1989. 

"Non-Traded, Intermediate Goods and Protection," Presented at the Eastern 

Economic Conference, Washington D.C., March 1987.

"Interest Rate Fluctuations, Investments, Current Account Imbalance and the Pure 

Theory of International Trade," Presented at the Midwest Economic Association, 

March 1986. 

"Urban Unemployment and Non-Immiserizing Growth," (with N. Naqvi) 

Presented at the Atlantic Economic Conference, Boston, August 29, 1986. 

"The Theory of Competitive Firms Under Input Price Uncertainty," (with 

N. Naqvi and S. Lee) Presented at the Atlantic Economic Conference, 20 th 

Annual Meeting, Washington D.C., September 1985. 

"Specific Factors - Unemployment and Trade Theory,"(with R. Batra) Presented 

at the American Economic Association Meetings, New York, December 1985. 

"Optimal Control Theory and Nonrenewable Resources, An Empirical 

Investigation,” Presented at the Midwest Economics Association, 49th Annual 

Meeting, Cincinnati, Ohio, March 1985. 

Other Publications - Other Publication - Other Publication 

Spouse Selection in Arranged Marriages: An Analysis of Time Invariant and 

Time Variant Decision Rules, (with A. Batabyal), Abstract. Published 

Electronically by the ERN in Labor Abstracts: Demographics and Economics of 

the Family Working Paper Series, 5(1), 1/9/04.

On the Tradeoff Between Cultural Sensitivity and Aggregate Size in Population 

Control Policy, (with A. Batabyal), Abstract. Published Electronically by the 

ERN in Agricultural and Natural Resource Economics Abstracts Working Paper 

Series, 8(3), 2/3/04. 

Time Restrictions in Natural Resource Management: A Dynamic and Stochastic 

Analysis, (with A.Batabyal), Abstract. Published Electronically by the ERN in 

Environmental Economics Abstracts Working Paper Series, 8(11), 4/22/03 

Renewable Resource Management in Developing Countries: How Long Until 

Crisis? (with A. Batabyal), Abstract. Published Electronically by the ERN in 

Environmental Economics Abstracts Working Paper Series, 8(13), 5/13/03. 

Aspects of the Theory of Environmental Policy in Developing Countries, (with A. 

Batabyal), Abstract. Published Electronically by the Economics Research 

Network in Public Economics Abstracts Accepted Paper Series, 7(9), April 2, 

2002. 

A Stackelberg Game Model of Trade in Renewable Resources with Competitive 

Sellers, (with A. Batabyal), Abstract. Published Electronically by the Economics 

Research Network in Agricultural and Natural Resource Economics Abstracts 

Working PaperSeries,(11),May 13, 2002. 

Arranged or Love Marriage? That is the Question, (with A. Batabyal), Abstract. 

Published Electronically by the Economics Research Network in Microeconomic 

Theory AbstractsWorking Paper Series, 7(32), June 14, 2002. 


Developing Country, (with A. Batabyal), Abstract. Published Electronically by 

the Economics Research Network in Development Economics Abstracts Accepted 

PaperSeries, 7(15), September 25, 2002. 

Designing Collusion-Proof International Environmental Agreements: Developing 

Countries and Polluting Firms, (with A. Batabyal), Abstract. Published

Electronically by the Economics Research Network in Agricultural and Natural 

Resource EconomicsAbstracts Accepted Paper Series, 6(3), March 5, 2002. 


Developing Country, (with A. Batabyal), Abstract. Published Electronically by 

the Economics Research Network in Development Economics Abstracts Accepted 

Paper Series, 7(15), September 25, 2002. 

On the Choice of the Optimal Temporal Control in Renewable Resource 

Management, (with A. Batabyal), Abstract. Published Electronically by the 

Economics Research Network in Environmental Economics Abstracts Accepted 

Paper Series, 7(14), October 28, 2002. 

A Differential Game Theoretic Analysis of International Trade in Renewable 

Resources, (with A. Batabyal), Abstract, Agricultural and Resource Economics 

Review, 31(2), 261, 2002. 


Balance of Trade Deficit and a Tariff, (with A. Batabyal and D.M. Lee), Abstract. 

Published Electronically by the Economics Research Network in Environmental 

EconomicsAbstracts Accepted Paper Series, 6(11), May 21, 2001 

On the Optimal Management of a Class of Aquatic Ecological-Economic 

Systems, (with A. Batabyal), Abstract.Published Electronically by the Economics 


Working Paper Series, 5(12), August 6, 2001 

Swidden Agriculture in Developing Countries: An Ecological-Economic Analysis 

of the Fallow Period and its Length, (with A. Batabyal), Abstract. Published 

Electronically by the Economics Research Network in Environmental 

Economics, Abstracts WorkingPaper Series, 6(26), September 18, 2001 

Aspects of the Theory of Environmental Policy in Developing Countries, (with A. 

Batabyal), Abstract. Published Electronically by the Economics Research

Network in Environmental Economics Abstracts Working Paper Series, 6(27), 

September 25, 2001 

On the Choice of the Optimal Temporal Control in Renewable Resource 

Management, (with A. Batabyal), Abstract. Published Electronically by the 

Economics Research Network in Agricultural and Natural Resource Economics 

Abstracts Working PaperSeries, 5(26), December 17, 2001 

The Stability of Stochastic Systems: The Case of Persistence and Resilience, 

(with A. Batabyal), Abstract. Published Electronically by the Economics 


Working Paper Series, 4(1), February 9, 2000 




EconomicsAbstracts Working Paper Series, 5(10), March 28, 2000 




EconomicsAbstracts Working Paper Series, 5(10), March 28, 2000 

On the Extinction of Species in Jointly Determined Stochastic Systems, (with A. 

Batabyal), Abstract. Published Electronically by the Economics Research 

Network in Agricultural and Natural Resource Economics Abstracts Accepted 

Paper Series, 4(9), August 15, 2000 

Introduction and Overview of the Economics of International Trade and the 

Environment, (with A. Batabyal), Abstract. Published Electronically by the 

Economics Research Network in Agricultural and Natural Resource Economics 

Abstracts WorkingPaper Series, 4(17), November 14, 2000

Specific Factors, Unemployment and Trade Theory, (with R. Batra), Abstract, 

Journal of Economic Literature, Vol. XXVII, No. 2, June , 1989 

Variable Returns to Scale, Urban Unemployment and Welfare, Abstract, Journal 

of Economic Literature, Vol. XXVII, No. 2, 1989 

An Analysis of Wage Differential for a Small Open Economy, ( with N.Naqvi), 

Abstract, Journal of Economic Literature, , Vol. XXV, No.3, September 1987 

Inflation and Indexation: An Empirical Approach, ( with H. Zuberi and L. 

Bruner), Abstract, Journal of Economic Literature, Vol. XXIII, No. 4, December 

1985 

Inflation and Indexation: An Empirical Approach, ( with H. Zuberi and L. 

Bruner), Abstract, Journal of Economic Literature, Vol. XXIII, No. 4, December 

1985 

Service: Governance/Committees - Administrative Service – College 

Year Role Institution Description 

2011 Associate Dean UTSA 

Associate Dean of Research, College of 

of Research 

Business, University of Texas at San 

Antonio, 2011- 

2009 - 2011 Member UTSA COB International Committee (UTSA, 

2009-) 

2009 - 2011 Member UTSA COB International Grants Committee, 

2009- 

2007 - 2011 Member UTSA Member, MBA International Committee( 

UTSA, 2007- ). 

2006 - 2011 Member UTSA Member, PhD/Research Committee( 

UTSA, 2006- ).

2010 Project Leader UTSA EPAS Project Leader at COB 

1990 - 2003 Director University of Dayton Director, Distinguished Speaker Series, ( 

UD, SBA,1990-2003). 

1998 - 2000 Chair University of Dayton Chair, Promotion, Tenure and Faculty 

Review Committee (UD, 1998-2000) 

1994 - 1998 Chair/Member University of Dayton Served as a member of Graduate 

Committee to revamp and revise MBA 

program (UD, 1994 - 1998). 

1993 - 1997 Member University of Dayton Promotion, Tenure and Faculty Review 

Committee (UD,1993-1997) 

1994 - 1995 Member University of Dayton Served as a member of Promotion and 

Tenure Sub- Committee to revise the 

Promotion and Tenure document 

(UD,1994, 1995) 

1992 - 1993 Chair/Member University of Dayton Served as a member of Faculty 

Development Committee to develop 

Faculty Development Document 

(UD,1992, 1993) 

1990 - 1993 Member University of Dayton Grade Appeal Committee ( UD, 1990, 

1991,1993) 

1991 Member University of Dayton Faculty Development Committee ( 

UD,1991)

1991 Speaker University of Dayton Presented the following items for the 

SBA Management Development Center's 

Business Management Seminar for the 

Chinese Delegation programs: "China's 

Role in World Trade", (UD, 1991) 

1989 Speaker University of Dayton Presented the following items for the 

SBA Management Development Center's 

Business Management Seminar for the 

Chinese Delegation 

programs : "Multinational Corporation 

and Transfer of Technology", (UD,1989) 

Service: Governance/Committees - Administrative Service – 

Department 


2008 - 2011 Member UTSA Economics Department PhD proposal 

(UTSA, 2008-2010) 

2006 - 2007 Chair/member UTSA Chair, Faculty Search Committee, ( 

UTSA, 2006, 2007). 

1993 - 1994 Chair/Member University of Dayton Member of Research Committee 

(UD,1993, 1994) 

1985 - 1987 Director CMU Director, Graduate Program ( CMU, 1985 

– 1987 ) 

Service: Governance/Committees - Administrative Service – University 


2010 - 2012 Committee 

Member 

UTSA 

Research Advisory Council, UTSA, 

2010- 

1995 Speaker University of Dayton Delivered a presentation to the University 

of Dayton's Board of Trustees, "NAFTA, 

Implications for the U.S. Economy," 

1995.

Service: Governance/Committees - University Service 


1994 Speaker University of Dayton Delivered a talk, "Some Remarks on 

Research and Publications", Faculty 

Development Day, University of Dayton, 

December 1994. 

Service: Professional, Editorial, Community - Editorial Service for 

Journal 


2008 - 2020 Associate Editor - Elsevier 

2020 

Associate Editor, Journal of Banking 

and Finance, 2008- 

2008 - 2020 Board of Advisors - Sage Journals 

2020 

Board of Advisors, India 

Macroeconomics Annual, 2008- 

2006 - 2020 Editorial Council - 

2020 

2006 - 2020 Series Editor - 

2020 

Wiley-Blackwell 

Elsevier 

Editorial Council, Review of 

Development Economics, (Basil 

Blackwell Ltd.), 1996- 

Series Editor, Frontiers of Economics 

and Globalization, (Elsevier, Emerald), 

2006- 

2005 - 2020 Associate Editor - 

2020 

City University of Hong 

Kong 

Associate Editor, Asia Pacific Journal 

of Accounting and Economics, 2005- 

2002 - 2020 Editorial Board - 

2020 


2020 


2020 

1992 - 2020 Editorial Council 

Member - 2020 

Nottingham Trent 

University 

Sage journals 



Editorial Board, Economic Issues, 

2002- 

Editorial Board, Journal of Emerging 

Market Finance, 2001- 

Editorial Board, Review of 

Development Economics, (Basil 

Blackwell Ltd.), 1996 

Editorial Council, Review of 

International Economics, (Basil 

Blackwell Ltd.), 1992-

1992 - 2020 Associate Editor - 

2020 


Associate Editor, Review of 

International Economics, (Basil 

Blackwell Ltd.), 1992- 


2020 

2010 - 2015 Managing Editor - 

2015 

Routledge 

Elsevier 

Editorial Board, Journal of 

International Trade and Economics 

Development, (Routledge), 1992- 

Managing Editor, North American 

Journal of Economics and 

Finance, (Elsevier), May 2010 - 

1992 - 2015 Editor - 2015 Elsevier Editor, International Review of 

Economics and Finance, (Elsevier), 

1992- 

1996 - 2010 Editorial Advisory 

Board - 2010 


Editorial Advisory Council, Pacific 

Economic Review, (Basil Blackwell 

Ltd.), 1996- 

1996 Guest Editor Journal of Economic 

Integration 

1992 - 1995 Co-Editor - 1995 Journal of Economic 

Integration 

Journal of Economic Integration, 1996 

Journal of Economic Integration, 1992- 

1995 

Service: Professional, Editorial, Community - Articles Reviewed for 

Journals 


2007 - 2020 Editorial Board 

Member - 2020 

Deakin Business Review Editorial Board, Deakin Business 

Review, 2007- 

1988 - 2010 Reviewer - 2010 Referee: 

International Economic 

Review(IER), Economica, Journal 

of Development Economics 

(JDE), Oxford Economic Papers 

(OEP), Regional Science and Urban 

Economics (RSUE), Canadian Journal 

of Economics (CJE), Review of 

International Economics (RIE), Review 

of Development Economics 

(RDE), Southern Economic Journal

(SEJ), Journal of Public Economics 

(JPE), The Economic Journal 

(EJ), Applied Economics, 

Metroeconomica , Managerial 

and Decision Economics (MDE) 

Journal of Regional Science, Decision 

Sciences Journal, Economic 

Modeling, Zeitschrift Fur 

Nationalokonomic, Journal of 

International Trade and 

Economic Development, Japan and 

the World Economy, Japanese 

Economic Review, Economic 

Modeling, Contemporary Economic 

Policy, European Journal of 

Operational Research, International 

Tax and Public Finance, The 

Manchester School, Journal of 

Economics, Environment and 

Development Economics ,Public 

Finance Analysis,Journal of Economic 

Growth, Bulletin of Economic 

Research,Papers in Regional Science, 

Pacific Economic Review, Letters in 

Spatial and Resource Sciences, 

Economics & Politics. 

Service: Professional, Editorial, Community - Service – International, 

National, State, or Local (Non University) (Based on Professional 

Expertise) 


1992 - 2010 Evaluator for 

Tenure/and 

Promotion to Full 

Professor - 2010 

Evaluator for Tenure/and Promotion 

to Full Professor: 

University of Oklahoma 

Oregon State University 

Vanderbilt University 

University of Alberta 

Louisiana State University 

The Chinese University of Hong Kong 

Utah State University 

University of Texas, San Antonio 

Marquette University 

Cornell University 

Rochester Institute of Technology

University of Akron 

Institute of Economics, Academia 

Sinica, Taiwan 

University of Texas, Arlington 

City University of Hong Kong 

University of California - Davis 

Academic and Professional Societies/Associations - Participation in 

Academic Organizations 


2006 - 2007 paper 

Midwest International 

presenter/chair 

Economics Meetings, 2006, 2007. 


Economics Midwest 


Meetings Meetings 

1989 - 2004 Conference 

Reviewer/ 

Chairman of 

Sessions 

1989 Conference 

Reviewer 

Western Economic 

Association 

Southern Economic 


Western Economic Association 

Southern Economic Association 

Academic and Professional Societies/Associations - Election to Office – 

Academic Organization 


2009 - 2011 Member Member, Financial Management 


Academic and Professional Societies/Associations - Membership in 

Professional/Honorary Organizations 


2009 - 2020 Member Member, International Economics and 

Finance Society 

2009 - 2020 Member Member,Scientific Committee, 

EuropeanEconomics and Finance Society, 

2007- 

2009 - 2011 Member Member, American Economic 


2009 - 2010 Member Member, Southern Economic Association 

2009 - 2010 Member Member, Canadian Economic Association

Academic and Professional Societies/Associations - Professional 



1992 - 2020 Founding 

Member 


and Finance Society 

(IEFS) 

Founding Member, International 

Economics and Finance Society (IEFS), 

1992- 

Honors and Awards - Awards 


2011 Awards Col.Piccione and Lt.Col.Philip Piccione Endowed Research Award, 

College of Business, UTSA , 2011. 

2010 Awards The Dean's Excellence Award for Advancing Globalization, College of 

Business, UTSA, 2010. 

2003 Awards Ranked as Top Cited Author (Top Cited Article), 2003 

http://economics.ca/cje/en/statistics.php 

1990 - 2000 Awards Ranked 91st among Top 500 Economists in the world based on 

#articles published during 1990-2000. 

http://student.ulb.ac.be/~tcoupe/update/authorsarticles.pdf 

1993 Awards University of Dayton Faculty Scholarship Award, 1993 

1993 Awards University of Dayton School of Business Scholarship Award, 1993 

1990 Awards Faculty Research Grant, CBER University of Dayton, 1990 

1989 Awards Hobart Scholar, CBER, University of Dayton, 1989 

1981 - 1982 Awards Graduate Student Fellowship, Utah State University, 1981-82 

Honors and Awards - Honors 


2010 - 2012 Honors IBC Bank Senior Faculty Fellow, University of Texas at San Antonio, 

2010-

2009 Honors Col.Piccione and Lt.Col.Philip Piccione Endowed Research Award, 


References - References 

1- Professor Ravi Batra 


Southern Methodist University 

Dallas, TX 75275 

Tel: (214) 768-2707 

Email: rbatra@mail.smu.edu 

Professor Henry Thompson 

Department of Agricultural Economics, 

Auburn University 

Auburn, AL 36849 

Tel: (334) 844-2910 

Fax: (334) 844-4615 

E-mail: thomph1@auburn.edu

- Professor Amitrajeet Batabyal 

Arthur J. Gosnell Professor of Economics 


Rochester Institute of Technology 

92 Lomb Memorial Drive 

Rochester, NY 14623-5604 

Tel: (585) 475-2805 

Email:aabgsh@rit.edu 

- Professor E. Kwan Choi 


Iowa State University 

Ames, IA 50011 

Tel: ( 515) 294-5999 

Fax: 9515) 294-9913 

E-mail : kchoi@iastate.edu

Professor Eden Yu 

Department of Economics and Finance 


83 Tat Chee Avenue 

Kowloon Tong 

HONG KONG 

Tel:011-852-2788-7604 

E-mail: efedenyu@cityu.edu

Address 






BB 4.02.66 


Work Phone : (210)458-5312 

Robert Collinge 



1983 Doctor of Philosophy Economics Univ of Maryland- 

College Park 

1979 Master of Arts Economics Univ of Maryland- 

College Park 



2000 - Present UTSA Professor of 


1993 - 2000 UTSA Associate Professor 

of Economics 

1987 - 1993 UTSA Assistant Professor 


1982 - 1986 University of Louisville Assistant Professor 


Academic Experience - Administrative Positions 


1999 - 2000 UTSA Co-Director of 

UTSA Center for 

Economic 


Pedagogy - Courses Taught 


1980 - Present Courses Taught Graduate Level: 1. Economic Theory and Policy 2. International 

Trade and Finance 3. Health Care Economics and Policy 4. 

Microeconomic Theory 5. Public Budgeting and Finance 6. 

Public Finance Junior/Senior Level: 1. Environmental 

Economics 2. Intermediate Price Theory 3. International 

Economics 4. Managerial Economics 5. Natural Resource 

Economics 6. Public Choice and Finance 7. Public Finance

Freshman/Sophomore Level: 1. Economic Principles and Issues 

2. Principles of Macroeconomics 3. Principles of 

Microeconomics 4. Principles of Microeconomics (Honors) 

Book or Segment of Book - Book - Textbooks 

Ayers, Ronald M., and Robert A. Collinge, Economics: Explore & Apply (Upper 

Saddle River: Prentice Hall), Enhanced Edition. 

Ayers, Ronald M., and Robert A. Collinge, Microeconomics: Explore & Apply 

(Upper Saddle River: Prentice Hall), Enhanced Edition. 

Ayers, Ronald M., and Robert A. Collinge, Macroeconomics: Explore & Apply 



Saddle River: Prentice Hall). 


(Upper Saddle River: Prentice Hall). 



Collinge, Robert A., and Ronald M. Ayers, Economics by Design: Principles and 

Issues (Upper Saddle River: Prentice Hall), Third edition. 


Issues (Upper Saddle River: Prentice Hall), Second edition. 


Issues (Upper Saddle River: Prentice Hall), First edition. 


Collinge, Robert A., and Wallace E. Oates, “Efficiency in Pollution Control in the 

Short and Long Runs: A System of Rental Emission Permits,” Chapter 12 of 

Wallace E. Oates, The Economics of Environmental Regulation, Economists of 

the Twentieth Century Series (London: Edward Elgar), 1996: 233 - 241. 

Emerson, Peter, and Robert A. Collinge, “The Environmental Conflict in North 

American Trade,” chapter in NAFTA and The Environment, edited by Terry L. 

Anderson (San Francisco: The Pacific Research Institute for Public Policy), 1993: 

45 - 60. 

Collinge, Robert A., and Martin J. Bailey, “Optimal Quasi-Market Choice in the 

Presence of Pollution Externalities,” Martin J. Bailey, ed., Studies in Positive and 

Normative Economics, (London: Edward Elgar), 1992: 208 - 219. 


McKitrick, Ross, and Robert A. Collinge, “The Existence and Uniqueness of 

Optimal Pollution Policy in the Presence of Victim Defense Measures,” Journal 

of Environmental Economics and Management, 44 (1), July 2002: 106 - 122. 

McKitrick, Ross, and Robert A. Collinge, “Linear Pigouvian Taxes and the 

Optimal Size of a Polluting Industry,” Canadian Journal of Economics, 33 (4), 

November 2000: 1106 - 1119.

Merrifield, John and Robert Collinge, “Efficient Pricing Policies as an 

Appropriate Municipal Revenue Source,” Public Works Management and Policy, 

4 (2), October 1999: 119 - 130. 

Collinge, Robert A. and Justino de la Cruz, “Easing Countries‟ Transitions from 

Price Controls and Subsidies,” World Development, 27 (2), February 1999: 375 - 

380. 

Collinge, Robert A., “User Fees with „Feebates‟: Meeting Revenue and Allocative 

Objectives Without Tradeoff, Even When Numbers Are Small,” Journal of 

Environmental Management, 50, 1997: 171 - 185. 

Ayers, Ronald, and Robert A. Collinge, “Teaching Economics with Personalized 

Materials—Methodology, Techniques, and Experiences,” Southwestern 

Economic Review, 23 (1), Spring 1996: 17 - 25. 

Collinge, Robert A., “Conservation Feebates,” Journal of the American Water 

Works Association, 88, January 1996: 70 - 78. 

Collinge, Robert A., and Ronald M. Ayers, “First Class Mail, Third Class 

Competition,” The Freeman, 45 (4), April 1995: 223 - 225. 

Collinge, Robert A., “An Alternative to Regulation: Efficiency and Second-best 

Optimal Revenues Irrespective of Market Structure,” Research in Law and 

Economics, 16, 1994: 95 - 107. 

Collinge, Robert A., “Dampening Exchange Rate Volatility: A Micro Alternative 

to Macro Policies,” Journal of Policy Modeling, 16 (1), February 1994: 113 - 118. 

Collinge, Robert A., “Transferable Water Rates: The Overlooked Opportunity in 

Municipal Water Pricing,” Public Finance Quarterly, 22 (1), January 1994: 46 - 

64. 

Timmons, J. D., and Robert A. Collinge, “Military Base Closings: Thrifty 

Objective, Spendthrift Process,” Real Estate Issues, 18 (1), Spring/Summer 1993: 

24 - 28. 

Collinge, Robert A., and Peter M. Emerson, “The North American Free Trade 

Agreement: Short Term Obstacles and Long Term Opportunities,” Operations 

Management Review, 9 (1), 1992: 12 - 17. (Invited article) 

Collinge, Robert A., “Revenue Neutral Water Conservation: Marginal Cost 

Pricing with Discount Coupons,” Water Resources Research, 28 (3), March 1992: 

617 - 622. 

Collinge, Robert A., and Anne Stevens, “Targeting Methanol or Other Alternative 

Fuels: How Intrusive Should Public Policy Be?,” Contemporary Policy Issues, 8, 

January 1990: 54 - 61. 

Collinge, Robert A., “How to Design Privatization to Achieve Optimal Supply 

Incentives and Optimal Public Revenues,” Journal of the Southwestern Society of 

Economists, 16 (1), 1989: 52 - 58. (Article appears in the refereed component of 

this journal, which is now entitled the Southwestern Economic Review.) 


Presence of Pollution Externalities,” Journal of Environmental Economics and 

Management, 10 (3), September 1983: 221 - 232. [This article is reprinted in 

Martin J. Bailey, ed., Studies in Positive and Normative Economics, (London: 

Edward Elgar), 1992: 208 - 219.]


Short and Long Runs: A System of Rental Emission Permits,” Canadian Journal 

of Economics, 15 (2), May 1982: 346 - 354. [This article is reprinted in Wallace 

E. Oates, ed., The Economics of Environmental Regulation (London: Edward 

Elgar), 1996.] 

Collinge, Robert A., “Generating Optimal Tariffs in the Marketplace,” The 

Economic Journal, 94, December 1984: 914 - 923. 

Journal Publications - Review Essay - Book Review Essay 

Collinge, Robert A., Book Review: Unquenchable: America's Water Crisis and 

What to Do about it, by Robert Glennon, Public Works Management and Policy, 

Vol 15, no 1, pp. 57 - 60. 


Collinge, Robert A., “U.S.—Taiwan Trade in the Eighties and Beyond: 

Comment,” Southwestern Journal of Economic Abstracts, 12 (1), 1991: 113 - 

114. 

Collinge, Robert A., book review of Toward a Consensus on Military Service: 

Report of the Atlantic Council‟s Working Group on Military Service, edited by 

A. Goodpastor, L. Elliott, and J. A. Hovey, Jr., Southern Economic Journal, 50 

(2), October 1983: 596 - 597. 

Other Publications - Publication in Conference Proceedings - Article 

Collinge, Robert A., “Energy Imports and Alternative Fuels: Applying the Tools 

we Teach,” Economics and the Classroom Conference Proceedings, September 

11 - 13, 2003: 39 - 41. 

Collinge, Robert A., “Preventing Water Emergencies by Reducing Consumption 

Peaks: Efficient Market-Clearing and Interruptible Pricing,” Proceedings of 

Conserv99—Making Cents of the 21st Century, Monterey, February 1999. 

Collinge, Robert A., “Pareto-Optimal Preference Revelation: Enhancing the 

Clarke Tax,” Southwestern Economic Proceedings, Selected Papers, 1998. 

Collinge, Robert A., “Preventing Urban Water Crises with Interruptible and 

Market-Clearing Prices,” Proceedings of the 25th Water for Texas Conference, 

Austin, December 1998: 247 - 250. 

Collinge, Robert A., “Optimal Conservation by Municipal Water Customers: A 

Market-Based „Feebate‟ System,” Proceedings of Conserv93—The New Water 

Agenda, a triennial interdisciplinary conference, Las Vegas, December 1993: 707 

- 717. 

Other Publications - Technical Report - Institute 

Collinge, Robert A., Peter M. Emerson, Ronald C. Griffin, Bruce A. McCarl, and 

John D. Merrifield, “The Edwards Aquifer: An Economic Perspective,”

Technical Report No. 159, Texas Water Resources Institute, Texas A&M 

University System, College Station, March 1993. 



2010 - Present member Departmental Faculty 

Review and Advisory 

Committee 

2010 - Present member Dept. Faculty Advisory 

09/2010 - 

Present 

01/2010 - 

Present 

member 

member 

Committee 

University Faculty 

Grievance Committee 

College Undergraduate 

Curriculum Committee 


Journal 


2010 - Present on Editorial Board Public Works Mgmt. 

- Present and Policy 


Journals 


12/2009 referee Journal of 

Environmental 

Economics and 

Management 

followup review of previously 

submitted manuscript 

10/2009 Member, Board of 

Editors 

Public Works 

Management and Policy 

refereed manuscript for possible 

publication 



Expertise) 


12/2010 make myself available to reporters upon 

request when appropriate, e.g., 

http://www.texaswatchdog.org/2010/12/texaswatchdog-surveys-the-federal-stimulus-andeconomists/1292865467.story 

01/2010 - 

12/2010 

02/2009 Judge - History 

Week 

Local Public Schools Judged student presentations 



2005 Awards President's Distinguished Teaching Award for Core Curriculum 

Teaching

1999 Awards College of Business Faculty Advisory Council Combined Teaching, 

Research, and Service Excellence Award. 

1999 Awards President‟s Distinguished Achievement Award for Teaching 

1998 Awards President‟s Distinguished Achievement Award for Core Curriculum 

Teaching. 

Teaching Experience - 5 through 8 

Year Type Comments 

1980 - Present 5 through 8 Principles of Macroeconomics 

Principles of Microeconomics 

Economic Principles and Issues 

Intermediate Microeconomics 


Environmental Economics 

Natural Resource Economics 

Public Choice and Finance 

Public Sector Economics 


Graduate Economic Theory and Policy 

Graduate Public Sector Economics 

Graduate Environmental Economics 

Graduate International Economics 

Graduate Public Sector Budgeting and Finance 

Graduate Health Care Economics and Policy 



Visiting U.S. International Trade 

International Commission 

Economist 

06/1985 - 

08/1985 

Professional Experience - Industry 


1986 - 1987 Economist American Petroleum Institute

Address 





Cob-Assoc Dean - DT 

BB 4.01.10 


Work Phone : (210)458-4315 

Leslie Doss 

Work Email : leslie.doss@utsa.edu 



1985 Master of Business Administration Business University of Texas at 

San Antonio 

1976 Bachelor of Science Electrical 

Engineering 


Electrical 

Engineering 

University of Texas at 

Arlington 


01/1990 - 

Present 

UTSA Lecturer III Economics 2003 - Economic 

Issues and Principles 

Economics 2013 - Introduction to 



Microeconomics 

Economics 3033 - Economics: 

Managerial Decisions 



01/1990 - 5 through 8 Have taught over the past 20 years one class each of Principles of 

Present 

Microeconomics and Macroeconomics. For the past two years have 

taught two Managerial Economics classes per long semester. Have on 

occasion taught Political Economics. 

01/1975 - 

05/1976 

5 through 8 

Performed curriculum implementation, course lectures, and institutional 

evaluations pertaining to economic theory including Principles of 

Macroeconomic and Microeconomic theory, Political Economics and 

upper division Economics of Managerial Decisions. 

Instructed junior and senior level Electrical Engineering courses in 

measurement equipment and techniques with use of analog simulation 

tools while comparing empirical performance of simple analog 

communication circuits using discrete devices and circuits.



06/1993 - President DML Enterprises, LLC DML Enterprises, 

Present 

LLC President January 

2005 to Present 

Primary shareholder of Practice Management, 

Consulting and Medical Billing Company with 32 

employees serving 43 physician clinics in the South 

Texas region by providing medical practice 

consulting, management, and billing 

services.. Developed national sales division for 

financial and operational analytics, designed 

statistical analysis of insurance reimbursements 

based on procedures and diagnosis, and quantified 

studies of procedures and diagnosis utilized by each 

physician. 

04/1993 - 

12/2006 

09/1998 - 

07/2000 

07/1991 - 

03/1993 

07/1987 - 

07/1991 

President 

Regional 

Manager 

Chief 

Operating 

Officer 

Director 

LLBC Enterprises, LLC 

Medical Manager 

(WebMD) 

SATG, INC 

Performance Technology 

Directed 40 employees who served 80 clients by 

providing software and hardware systems for 

medical practice management and billing services 

for 600 private practice and hospital groups that 

employed 1450 physicians. LLBC provided 

electronic medical records via RF based networking 

technology, making it the most modern management 

resource available. Negotiated sale of multiple 

corporate divisions to DavLong Business Systems in 


Created, established, and expanded the 

development of a regional medical sales force 

throughout the southwest territory of Texas, 

Oklahoma, and New Mexico. Managed annual 

revenue of $7 million. 

Managed custom networking companies and 

computer retail centers. Responsible for human 

resources of 67 employees and corporate marketing 

activities. Increased retail sales in 19 months from 

$250 thousand annually to $16 million. Negotiated 

sale to Kmart, Corp. in March 1993. 

Designed, implemented, and managed the 

worldwide distribution network of Performance 

Technology software. Increased annual revenue in 

36 months from $2.1 million to $16.7 

million. Managed human resources, external auditing 

of financial statements, day-to-day operations of

07/1985 - 

07/1987 

07/1981 - 

07/1985 

06/1976 - 

08/1981 

Director, 

Business 

Development 

Director of 

Service 

Strategy 

Senior 

Systems 

Engineer 

Intelogic Trace 

Datapoint Corporation 

Federal Aviation 

Administration 

manufacturing, technical support and sales. Created 

technical publications, developed technical/ sales 

training and market analysis. Evolved distributor 

negotiation from concept to contract close. 

Developed and managed the implementation of new 

product offerings. Created, evaluated and closed 

contracts for commercial manufacturers and end 

users. Consecutively surpassed annual sales goals 

from $3.6 to $4.2 million in 1986 and from $5.4 

to $6.7 million in 1987. Evaluated and 

recommended, to the Board of Directors, 

engineering and operations reviews of potential 

mergers and acquisitions. Directed 60 personnel and 

forecasted a $7.6 million dollar budget. 

Strategized immediate and long range business 

plans for third party maintenance including 

marketing. Managed telecommunication software 

certification, verification of engineering design, and 

new product program management. Instructed 

senior officers and executives through advanced 

management technique course. Directed largest 

Datapoint telecommunication project with 160 

developers and $48 million in venture cost for large 

business negotiation. 

Conducted the engineering, installation and support 

of en route to ground communication systems, 

navigation systems including VOR/TACAN/ILS for 

short and long range radar systems.

Address 





Bruce Dunson 



1979 Doctor of Philosophy Economics Harvard University 

1976 Master of Arts Economics Harvard University 

1971 Master of Arts City Planning University of California 

Berkeley 

1969 Bachelor of Arts Political Science University of California 

Irvine 



1984 - Present President/COO Metrica Inc. Oversees entire operation of 

company.

Fathali Firoozi 

Address 






BB 4.02.62 


Work Phone : (210)458-5395 

Work Email : ffiroozi@utsa.edu 



2002 Master of Arts Mathematics University of Texas at 

Austin 

1988 Doctor of Philosophy Economics University of Oklahoma 

Norman 

1985 Master of Science Statistics University of Oklahoma 

Norman 

1978 Master of Business Administration Finance Oklahoma City 


1976 Bachelor of Arts Economics Iran College of Banking 

Tehran 



2006 - Present UTSA Professor 



1988 - 1989 UTSA Visiting Assistant 

1983 - 1988 University of Oklahoma 

Norman 


RA and TA 

Assistant and 

Associate 


Economics, statistics, quant/math methods 



1988 - Present Courses Taught Graduate courses taught: 

Economic theory and policy, Macroeconomic issues. Managerial 

economics. Econometrics. Quantitative methods (PhD). 

Microeconomic theory (PhD).

1985 - Present Courses Taught Undergraduate courses taught: 

Micro principles. Macro principles. Business statistics. Intro to 

political economy. Aggregate economic analysis. Mathematical 

economics. 




Committees 

Dissertation committee member, Humayun Zafar, Information 

Systems, UTSA, 2008-2010. 


Committees 

Pedagogy - Other Teaching Activity 

Dissertation committee member: 

Umesh Kumar, Finance, UTSA 2008-2009. 

Paramita Bandyopadhyay, Finance, UTSA 2005-2006. 

Sinan Yildirim, Finance, UTSA, 2005-2006. 

Ju Xiang, Finance, UTSA, 2004-2005. 


1990 - Present Other Teaching 

Activity 

Graduate and undergraduate independent study and internship 

courses. 

Pedagogy - Thesis Committee Chair 


2004 - 2004 Thesis Committee 

Chair 

MA Thesis chair: 

Jacob Kells, Economics, UTSA, 2004. 

Research Interests - Research Interests 

Economic theory, econometrics, quant/math methods 


Westerlund, J., S. Mahdavi, F. Firoozi, "The tax-spending nexus: Evidence from a 

panel of U.S. state-governments", Economic Modeling, 2011, 28, 885-890. 

Firoozi, F., D. Lien, S. Mahdavi, and L. de la Vina, “A linear model test of 

sufficiency for non-orthogonality of matrices”, Advances and Applications in 

Statistics, 2011, 22(2), 119-127. 

Firoozi, F. and D. Lien, “On capital structure and entry deterrence”, Handbook of Quantitative 

Finance and Risk Management, 2010, 1, 1381-1390. 

Bao, Y., F. Firoozi, and M. Lo, “A Monte Carlo power comparison of the classical and one-sided 

procedures for testing linear inequalities”, Journal of Quantitative Economics, 2008, 6(1&2), 233- 

239. 

Lien, D. and F. Firoozi, “Offshore bidding and currency futures”, International Journal of 

Business and Economics, 2008, 7(2), 125-136. 

Beladi, H., C. Co, and F. Firoozi, “The link between domestic R&D and inflow of FDI: A gametheoretic 

analysis”, Pacific Economic Review, 2008, 13(2), 209-222. 

Firoozi, F., D. Hollas, R. Rutherford, and T. Thomson, “Property assessments and information 

asymmetry in residential real estate”, Journal of Real Estate Research, 2006, 28(3), 275-291. 

Beladi, H., L. de la Vina, and F. Firoozi, “On information value and mean-preserving 

transformations”, Applied Mathematics Letters, 2006, 19, 843-848.

Firoozi, F. “On the martingale property of economic and financial instruments”, International 

Review of Economics and Finance, 2006, 15, 87-96. 

Firoozi, F. and J. Merrifield, “An optimal timing model of water reallocation and reservoir 

construction”, European Journal of Operational Research, 2003, 145, 165-174. 

Beladi, H., and F. Firoozi, “ FDI and factor intensity: A classical view”, Keio Economic Studies, 

2001, 38(1), 17-31. 

Firoozi, F., D. Truett, and L. Truett, “The role of taxes in the IS-LM model: An extension and 

policy implications”, Southwestern Journal of Economics, 2000, 3, 35-59. 

Firoozi, F., “A note on sufficient conditions for an inverse relationship between productivity and 

employment”, Quarterly Review of Economics and Finance, 1999, 39, 573-74. 

Firoozi, F., “Multinational FDI and uncertainty: A reply”, Journal of Multinational Financial 

Management, 1998, 8(4), 455-456. 

Firoozi, F., “On the second-best foreign investment policy and pattern of commodity trade”, 

American Economist, 1998, 22 (1), 34-41. 

Firoozi, F., “Multinational FDI and uncertainty: An exposition”, Journal of Multinational 

Financial Management, 1997, 7(3), 265-273. 

Firoozi, F., “Protectionism under free trade”, Southwestern Journal of Economics, 1996, 1, 17- 

26. 

Firoozi, F., and J. Merrifield, “A dynamic model of ground water restoration with accelerator 

constraint”, Applied Mathematical Modelling, 1995, 19, 173-181. 

Merrifield, J., and F. Firoozi, “Renewable resource use: Transition from capture to allocation and 

optimal stock recovery”, Journal of Environmental Management, 1995, 44, 195-211. 

Firoozi, F., “On the competitive response to technological advance”, American Economist, 1995, 

2, 61-64. 

Firoozi, F., “External debt, time preference, and nontraded goods in a two-sector dynamic model 

of consumption”, Open Economies Review, 1995, 6, 167-178. 

Firoozi, F., “Policy toward international capital and labor flows under free trade and complete 

specialization”, Journal of Economic Integration, 1994, 9(3), 312-326. 

Firoozi, F., “Technological advance and hedging decisions in unbiased futures markets”, Journal 

of Economics and Business, 1994, 46(3), 215-225. 

Firoozi, F., “A general model of policies toward international flows of capital and labor”, 

Economic Modelling, 1994, 11(3), 330-339. 

Firoozi, F., “Sufficient conditions for inverse relationship between productivity and 

employment”, Quarterly Review of Economics and Finance, 1994, 34(3), 301-307. 

Firoozi, F., “International factor flow policy under free trade between diversified economies”, 

International Review of Economics and Finance, 1993, 2(4), 387-401. 

Firoozi, F., “A comparison of the procedures for testing joint inequality hypotheses”, Journal of 

Quantitative Economics, 1993, 9(1), 73-84. 

Firoozi, F., “A transformation of the inequality-constrained linear model”, Linear Algebra and Its 

Applications, 1990, 133, 153-163. 


Reviewed International 

Western Economic Association, July 2011, San Diego, presented “On the 

orthogonality of matrices in stochastic contexts”. Chair and discussant. 

Western Economic Association, July 2007, Seattle, presented “Orthogonality and partial 

correlation”. 

Western Economic Association, July 2004, Vancouver, presented “Is Domestic R&D a factor in 

FDI inflow?” Chair and discussant.

Western Economic Association, July 2003, Denver, presented “Beliefs and FDI decisions”. Chair 

and discussant. 

Western Economic Association, July 2002, Seattle, presented “On the value of information”. 

Chair and discussant. 

Western Economic Association, July 2001, San Francisco, presented “Factor intensity and FDI”. 


Western Economic Association, June 2000, Vancouver, presented “Entry and exit strategies by 

multinationals”. Chair and discussant. 

Western Economic Association, July 1999, San Diego, presented “Signaling to multinationals: 

Domestic R&D and inflow of FDI”. Chair and discussant. 

Western Economic Association, June 1998, Lake Tahoe, presented “The role of uncertainty and 

information in foreign investment decisions”. Chair and discussant. 

Western Economic Association, June 1997, Seattle, presented “Informational aspects of FDI”. 


Western Economic Association, June 1996, San Francisco, presented “Multinational FDI and 

uncertainty”. Chair and discussant. 

Southern Economic Associations, November 1996, Washington D.C., presented “Incomplete 

information and market segmentation”. Discussant. 

Western Economic Association, June 1995, San Diego, presented “Foreign investment and terms 

of trade” and “Water allocation: efficiency and equity”. Discussant. 

Western Economic Association, June 1994, Vancouver, presented “Second-best foreign 

investment policy and commodity trade”. Discussant. 

Southern Economic Association, November 1993, New Orleans, presented “Optimal timing and 

water stock adjustment path”. Discussant. 

Southern Economic Association, November 1992, Washington, D.C., presented “Sufficient 

conditions for inverse factor productivity-employment relation”. Discussant. 



Southwestern Social Science Association, Southwestern Economic Association, March 1999, San 

Antonio, presented “A reexamination of the role of taxes in the IS-LM model”. Chair and 

discussant. 

Southwestern Social Science Association, Southwestern Economic Association, March 1995, 

Dallas, presented “Protectionism under free trade”. Discussant. 


Antonio, presented “Time preference and external debt in a two-sector model of 

consumption”. Discussant. 

Southwestern Social Science Association, Southwestern Economic Association, March 1993, New 

Orleans, presented “Foreign investment policy and free trade between diversified 

economies”. Discussant. 

Southwestern Social Science Association, Southwestern Economic Association, March 1992, 

Austin, presented “International labor and capital movements under free”. Discussant. 

Southwest Federation of Administrative Disciplines (SWFAD), Southwestern Society of 

Economists, March 1992, San Antonio, presented “Risk aversion, technology, and futures markets 

for intermediate goods”. Discussant. 


Antonio, presented “Formulation problem in multi inequality testing” and “Time preference, 

allocation, and external debt”. Discussant. 

Southwest Federation of Administrative Disciplines (SWFAD), Southwestern Society of 

Economists, March 1991, Houston, presented “International lending and preferences in 

developing countries”. Discussant.


Book review, Stochastic Modeling in Range Management, by Amitrajeet Batabayal, Nova Science 

Publications. American Journal of Agricultural Economics, 2005, 87(3), 804-805. 

Firoozi, F., “Foreign investment policy and free trade between diversified economies”, 

Southwestern Journal of Economic Abstracts, Southwestern Economic Association Conference, 

Selected Abstracts, 1993, 14(1), 30-31. 

Ramalho, Roberto, and F. Firoozi, “Optimal extraction and stock of the renewable resources”, 

Annals of the Brazil Econometric Society, 15 th Annual Conference, Belo Horizonte, Brazil, 1993, 

2, 527-540. 

Firoozi, F., “International labor and capital movements under free trade”, Southwestern Journal 

of Economic Abstracts, Southwestern Economic Association Conference, Selected Abstracts, 

1992, 13(2), 53. 

Firoozi, F., “International lending and preferences in developing economies”, Southwestern 

Review of International Business Research, Proceedings of the 1991 Academy of International 

Business, Southwest Conference, 1991, 112-116. 

Firoozi, F., “Formulation problem in multi-inequality hypothesis testing”, Southwestern Journal of 

Economic Abstracts, Southwestern Economic Association Conference, Selected Abstracts, 1991, 

12(1), 48-50. 

Firoozi, F., “Time preference, allocation, and external debt”, Southwestern Journal of Economic 

Abstracts, Southwestern Economic Association Conference, Selected Abstracts, 1991, 12(1), 51- 

53. 



2007 - Present Member UTSA College Faculty Review and Advisory 

Committee, 2007- 

2009 Member UTSA College Faculty Development Leave 

Committee for 2009-2010 leave. 

Periodic Performance Evaluation 

Committee, Marketing, 2009. 


Department 


2004 - Present UTSA Economics Graduate Admission 

Committee, 2005-. 

Economics Internship Coordinator, 2005-. 

MA Comprehensive Exam Committee, 

2004-. 

Service: Governance/Committees - College Service 


2004 - 2006 Member UTSA College PhD/Research Committee, 2004- 

2006. 

2000 - 2002 Member UTSA College Research Advisory Board, 2000- 

2002. 

2001 Member UTSA College Economics Planning Committee 

Service: Governance/Committees - Department Service


2003 - 2008 Chair UTSA Chair, Department Faculty 

Search/Recruitment Committee, 2003-04, 

2004-05, 2007-08. 

2005 - 2006 Chair UTSA Chair, Department PhD Proposal 

Committee, 2005-2006. 

1995 - 2005 Facutly 

Advisor 

UTSA 

Omicron Delta Epsilon - International 

honor society in economics, Faculty 

Advisor, 1995-2005. 

1995 - 2003 Chair UTSA Chair, Department Graduate Studies 

Committee, 2003-2005. 

1995 - 2003 Graduate 

Advisor 

UTSA 

Department Graduate Advisor 



2004 - 2006 Member UTSA University Building Committee, 2004- 

2006. 

2002 - 2004 Member UTSA University Graduate Programs and 

Courses Committee, 2002-2004. 

1997 - 2000 Member UTSA University Curricula Committee, 1997- 

2000. 


Journals 


1990 - 2009 Referee - 2009 Journals Applied Mathematics Letters, Environment and 

Planning, European Journal of Operational 

Research, Journal of Economic Dynamics and 

Control, Journal of Economic Research, Journal 

of Economics, Letters in Spatial and Resource 

Sciences, Linear Algebra and Its Applications, 

Mathematical and Computer Modelling 

,Southern Economic Journal, Stochastic 

Environmental Research & Risk Assessment. 



2011 Awards College of Business Summer Research Grant, 2011. 

2009 Awards University Development Leave, UTSA, spring 2009. 

College of Busness Summer Research Grant, 2009. 

1991 - 2008 Awards College of Business Summer Research Grant, 1991, 1995, 1998, 

2000, 2002-2008. 

2005 Awards University Development Leave, UTSA, spring 2005. 

2004 Awards Distinguished Paper Competition Award, Southwestern Economic 

Association, 1994. 

1993 - 2001 Awards Universtiy Faculty Research Grant, UTSA, 1993, 2001. 

1996 Awards President's Distinguished Research Achievement Award, UTSA,

1996. 

1994 Awards College of Business Advisory Council Research Award, UTSA, 1994.

Address 






BB 4.05.20 


Work Phone : (210)458-5300 

Lila Flory-Truett 



1972 Doctor of Philosophy Economics University of Iowa 

1971 Master of Arts Economics University of Iowa 

1968 Bachelor of Arts Mathematics Kansas State University 



1981 The University of Texas at Professor of 



1978 - 1980 The University of Texas at 


Associate Professor 




Assistant Professor 


1973 - 1975 Appalachian State University Assistant Professor 


Courses Taught: Graduate and 

Undergraduate Managerial 

Economics, Mathematical 

Economics, Microeconomics 

Principles, Graduate Financial 

Institutions, Graducate Managerial 

Finance, Seminar in 

Microeconomic 

Theory. 

Courses Taught: Principles of Economics, 

Intermediate 

Macroeconomics, Statistics, Money and 

Banking, Graduate Microeconomics 

1971 - 1973 Iowa Wesleyan College Assistant Professor Courses Taught: Principles of 

Economics; Mathematical 

Economics; Intermediate 

Microeconomics; Money and 

Banking; Macroeconomics; 

Science, Technology, and Human 

Values, An Interdisciplinary

1970 - 1971 The University of Iowa Part-Time 

Instructor 

General Studies Course, Team 

Taught, Interim 1972; and 

Liberation Literature, Interim, 

1973. 

Courses Taught: Money and 

Banking, Intermediate 

Microeconomics. 

1969 - 1970 The University of Iowa Teaching Assistant Teaching Assistant, University of 

Iowa, Principles of Economics 



09/2001 - 

12/2001 

The University of Texas at 


Chair, Department 


01/1981 - 

08/2001 



Director, Division 

of Economics and 

1980 The University of Texas at 


Finance 

Interim Director, 

Division of 


Finance 


Corporate Finance 

International Economics and Economic Development 

Monetary Economics 

Mathematical Economics 

Economic Theory (Including Managerial Economics) 



2010 Dissertation Dissertation Committee Member: Mr. Jullavut Kittiakaraskun 

Committees 

2009 - 2010 Dissertation Dissertation Committee Member: Mr. Jose Gutierrez 

Committees 

2009 - 2010 Dissertation Dissertation Committee Member: Mr. Alex Meisami 

Committees 


Committees 

Dissertation Committee Member: Mr. Yilun Shi 


(With D. B. Truett) Study Guide to accompany Managerial Economics. 

Hoboken, New Jersey: John Wiley & Sons, 2004.

(With D. B. Truett) Instructor's Manual to accompany Managerial 

Economics. Hoboken, New Jersey: John Wiley & Sons, 2004. 

(With D. B. Truett) Managerial Economics: Analysis, Problems, and 

Cases, 8th ed. Hoboken, New Jersey: John Wiley & Sons, 2004. 

(With D. B. Truett) Economics, 2nd ed. St. Louis, MO: Times 

Mirror/Mosby College Publishing, 1987 (860 pps., also published as two 

separate volumes entitled Macroeconomics and Microeconomics). 

(With D. B. Truett) Instructor's Manual for Economics. St. Louis, MO: 

Times Mirror/Mosby College Publishing, 1987 (535 pps.). 

(With D. B. Truett) Intermediate Microeconomics. St. Paul, Minnesota: 

West Publishing Company, 1984. 


(With D. B. Truett and P. N. Bartlett) "Texas in International Trade," in 

Louis J. Rodriguez, ed., Dynamics of Growth: An Economic Profile of 

Texas. Austin: Madrona Press, 1977, pp. 222-243. 

Journal Publications - Journal Article - Article in Proceedings 

"Economic Literacy for the University Student," Proceedings of the 

Southwestern Society of Economists, Vol. 19, No. 2 (1992), pp. 5-8. 

"The Role of Bargaining Costs in Wage Rate Changes: A Mathematical 

Model," Proceedings of the Southwestern Federation of Administrative 

Disciplines Meetings, March 1978. 

"Federal Funds Market Participation by Banks: 1968-1976," Proceedings 

of the Southwestern Federation of Administrative Disciplines Meetings, 

March 1977. 


(With D. B. Truett) “The Italian Textile Industry: A Beacon of 

Hope?” revised and resubmitted to Empirical Economics. 

With D. B. Truett) “The Korean Textile Industry: Still Competitive, After 

All These Years?” Applied Economics, Vol. 43, No. 22 (September 2011), 

pp. 2983-2992.

(With D. B. Truett) “Whither Germany and the EMU in a Challenging 

Environment?” Australian Economic Papers, forthcoming. 

(With D. B. Truett) “The South Korean Auto Industry: All Grown Up 

Now?” submitted to the Journal of the Japanese and International 

Economies. 

(With D. B. Truett) “Globalization Challenges for the Mexican Textile 

Industry,” The International Review of Economics and Finance, Vol. 19, 

No. 4 (October 2010), pp. 733-741. 

(With D. B. Truett) “New Challenges for the South African Textile and 

Apparel Industries in the Global Economy,” Journal of Economic 

Development, Vol. 35, No. 4 (December 2010), pp. 73-91. 

(With D. B. Truett) “Challenges for France in the Emerging International 

Environment: A Dynamic Analysis,” Contemporary Economic Policy, 

Vol. 27, No. 4 (October 2009), pp. 566-573. 

(With D. B. Truett) “Firm Size and Efficiency in the South African Motor 

Vehicle Industry,” Australian Economic Papers, Vol. 48, No. 4 (December 

2009), pp. 333-41. 

(With D. B. Truett) "Insourcing, Outsourcing, and Unemployment in the 

Spanish Auto Industry," Review of Development Economics,Vol. 12, No. 4 

(2008), pp. 702-713. 

(With D. B. Truett) "A Cost-Based Analysis of Scale Economies in the 

French Auto Industry," International Review of Economics and Finance, 

Vol. 16, No. 3 (2007), pp. 369-382. 

(With D. B. Truett) “NAFTA and the Maquiladoras: Boon or Bane?”, 

Contemporary Economic Policy, Vol. 25, No. 3 (July 2007), pp. 374-386. 

(With D. B. Truett) "Production and Cost Characteristics of the South 

African Motor Vehicle Industry," Applied Economics, Vol. 38, No. 20 

(November 10, 2006), pp. 2381-2392.

(With D. B. Truett) “Production Function Geometry with „Knightian‟ Total 

Product,” Journal of Economic Education, Vol. 37, No. 3 (Summer 2006), 

pp. 348-358. 

(With D.B. Truett) “NAFTA‟s Impact on the Mexican Automotive 

Sector,” Journal of Economic Development, Vol. 30, No. 2 (December 

2005), pp. 155-176. 

(With D. B. Truett) "European Integration and Production in the French 

Economy," Contemporary Economic Policy, Vol. 23, No. 2 (April 2005), 

pp. 304-316. 

(With D. B. Truett) "The Italian Automotive Industry and Economies of 

Scale," Contemporary Economic Policy, Vol. 21, No. 3 (July 2003), pp. 

329-337. 

(With D. B. Truett) "A Cost Function Analysis of Import Demand in South 

Africa," Journal of Development Economics, Vol. 70 (April 2003), pp. 425- 

442. 

(With D. B. Truett) "The Demand for Imports in Italy: A Production 

Analysis," International Review of Economics and Finance, Vol. 11, No. 4 

(2002), pp. 393-409. 

(With D. B. Truett) "The Spanish Automobile Industry: Scale Economies 

and Input Relationships," Applied Economics, Vol. 33 (2001), 1503-1513. 

(With D. B. Truett) "The Demand for Imports and Economic Reform in 

Spain," Journal of Economic Studies, Vol. 27, No. 3 (2000), pp. 182-199.

(With Fathali Firoozi and D.B. Truett) "The Role of Taxes in the IS-LM 

Model: An Extension and Policy Implications," Southwestern Journal of 

Economics, Vol. 3, No. 1 (January 2000), pp. 35-59. 

(With D. B. Truett) "The Demand for Imports in Korea: A Production 

Analysis Approach," Journal of Development Economics, Vol. 56, No. 1 

(June 1998), pp. 97-114. 

(With D. B. Truett) "A Cost Function Analysis of the Mexican 

Nonelectrical Machinery Industry," Applied Economics, Vol. 30, 1998, pp. 

1027-1035. 

(With D. B. Truett) "Scale Properties and Input Substitution in Mexican 

Electrical Equipment Manufacturing," International Advances in Economic 

Research, Vol. 4, No. 1 (February 1998), pp. 70-82. 

(With D. B. Truett) "Production, Cost, and Input Substitution in the 

Mexican Petroleum Industry," The North American Journal of Economics 

and Finance, Vol. 9, No. 1 (1998), pp. 67-87. 

(With D. B. Truett) "The Aggregate Demand/Aggregate Supply Model: A 

Premature Requiem?" The American Economist, Vol. 42, No. 1 (Spring 

1998), pp. 71-75. 

(With D. B. Truett) "The Role of the United States GSP in the Promotion 

of Balkan and Eastern Mediterranean Exports," The Journal of Developing 

Areas, Vol. 31, No. 2 (Winter 1997), pp. 221-244. 

(With D. B. Truett) "The Korean Metals Industry and Economic 

Development," Journal of Asian Economics, Vol. 8, No. 2 (Summer 1997), 

pp. 333-347.

(With D. B. Truett) "Trade Performance of the Australian Transportation 

Equipment Industry: A Comparative Perspective," Comparative Economic 

Studies, Vol. 39, No. 1 (Spring 1997), pp. 15-42. 

(With D. B. Truett) "A Cost Function Analysis of the Australian 

Transportation Equipment Industry," Australian Economic Review, No. 116 

(4th Quarter 1996), pp. 367-384. 

(With D. B. Truett) "Trade Liberalization and the Mexican Steel Industry," 

International Review of Economics and Finance, Vol. 5, No.4 (1996), pp. 

429-447. 

With D. B. Truett) "Economies of Scale in the Mexican Automotive 

Sector," Journal of Productivity Analysis, Vol. 7, No. 4 (October 1996), pp. 

429-446. 

(With Su Zhou and D. B. Truett) "The Relation Between Canadian, 

Mexican, and United States Short-Term Money Markets: A Pre-NAFTA 

Analysis," Journal of Economic Integration, Vol. 11, No.3 (September 

1996), pp. 268-299. 

(With D. B. Truett) "Exploring the Relation Between Returns to Scale and 

Pecuniary Economies/Diseconomies," The Journal of Economic Education, 

Vol. 26, No. 2 (Spring 1995), pp. 140-149. 

(With D. B. Truett) "The Generalized System, of Preferences After Seven 

Years," The Borderlands Journal, Vol. 8, No. 2 (Spring 1985), pp. 129-147. 

(With D. B. Truett) "Technology and Input Demand: The Case of 

Mexican Steel Scrap Imports," The North American Journal of Economics 

and Finance, Vol. 5, No. 1 (Spring 1994), pp. 99-110. 

(With D. B. Truett) "Technology and Input Demand: The Case of 

Mexican Steel Scrap Imports," The North American Journal of Economics 

and Finance, Vol. 5, No. 1 (Spring 1994), pp. 99-110.

(With D. B. Truett) "Government Policy and the Export Performance of 

the Mexican Automobile Industry," Growth and Change, Vol. 25, No. 3 

(Summer 1994), pp. 301-324. 

(With D. B. Truett) "Effects of Monopolization in an Increasing Cost 

Industry," Quarterly Journal of Business and Economics, Vol. 33, No. 3 

(Summer 1994), pp. 21-36. 

(With D. B. Truett and B. Apostolakis) "The Translog Cost Function and 

Demand for Imports: The Case of Mexico," Southern Economic Journal, 

Vol. 60, No. 3 (January 1994), pp. 685-700. 

(With D. B. Truett) "Trade Preferences and Exports of Manufactures: A 

Case Study of Bolivia and Brazil," Weltwirtschaftliches Archiv, Band 129, 

Heft 3 (1993), pp. 573-590. 

(With D. B. Truett) "Joint Profit Maximization, Negotiation, and the 

Determinacy of Price in Bilateral Monopoly," The Journal of Economic 

Education, Vol. 24, No. 3 (Summer 1993), pp. 260-270. 

(With D. B. Truett) "Maquiladora Response to U.S. and Asian Relative 

Wage Rate Changes," Contemporary Policy Issues, Vol. 11, No. 1 (January 

1993), pp. 18-28. 

(With D. B. Truett) "The United States Generalized System of Preferences: 

An Update on Malaysia and Mexico," Asian Journal of Economics and 

Social Studies, Vol. 11, No. 4. (1992), pp. 269-281. 

(With D. B. Truett) "Nonprimary Exports of African LDCs: Have Trade 

Preferences Helped?" The Journal of Developing Areas, Vol. 26, No. 4 

(July 1992), pp. 457-473.

(With D. B. Truett) "U.S. Trade Preferences and Economic Development: 

The Case of Southeast Asia," Journal of Asian Economics, Vol. 2, No. 1 

(Spring 1991), pp. 125-136. 

(With D. B. Truett) "Regions of the Production Function, Returns, and 

Economies of Scale," Journal of Economic Education, Vol. 21, No. 4 (Fall 

1990), pp. 411-419. 

(With D. B. Truett) "The Demand for Life Insurance in Mexico and the 

United States," Journal of Risk and Insurance, Vol. 57, No. 2 (June 1990), 

pp. 321-328. 

(With D. B. Truett) "Philippine Economic Development and U.S. Trade 

Preferences," Journal of Economic Democracy, Vol. 1, No. 1 (January- 

March 1990), pp. 97-104. 

(With D. B. Truett) "An Intertemporal Cross Section Analysis of 

Economies of Scale in Mexican Manufacturing," Growth and Change, Vol. 

20, No. 4 (Fall 1989), pp. 66-80. 

(With D. B. Truett) "Level of Development and the U.S. Generalized 

System of Preferences: Malaysia and Mexico," The Journal of Development 

Studies, Vol. 25, No. 2 (January 1989), pp. 230-43. 

(With D. B. Truett) "The Mexican Automobile Industry and International 

Trade, 1970-1983," Journal of Economic Development, Vol. 12, No. 1 

(June 1987), pp. 65-85. 

(With D. B. Truett) "The Response of Tourism to Economic Conditions: 

Greece, Mexico, and Spain," The Journal of Developing Areas, Vol. 21, 

No. 2 (January 1987), pp. 177-189.

"The Accelerating Inflation Controversy: A Note," Journal of Business and 

Economic Perspectives, Vol. 12, No. 2 (Fall 1986), pp. 68-78. 

(With D. B. Truett) "The Maquiladoras: Prospects for Mexico," Journal of 

Economic Development, Vol. 9, No. 2 (December 1984), pp. 45-66. 

(With D. B. Truett) "Sectoral Origins of the Mexican Trade Deficit," 

Journal of Economic Development, Vol. 7, No. 2 (December 1982), pp. 19- 

30. 

(With D. B. Truett) "Public Policy and the Growth of the Mexican Tourism 

Industry, 1970-1979," Journal of Travel Research, Vol. 20 (Winter 1982), 

pp. 11-19. 

"Factors Affecting Negotiated Wage Rate Changes in the United States: 

An Industry Level Investigation, Southern Business Review, Vol. 8, No. 1 

(Spring 1982), pp. 29-44. 

(With D. B. Truett) "The Mexican Automobile Industry After Fifteen 

Years of Integration Policy," Southwest Business and Economic Review, 

Vol. 19, No. 1 (August 1981), pp. 20-30. 

(With D. B. Truett) "Mexico and GSP: Problems and Prospects," Inter- 

American Economic Affairs, Vol. 34, No. 2 (Autumn 1980), pp. 67-91. 

"Stability of the Phillips Curve--Reply," Quarterly Review of Economics 

and Business, Vol. 16, No. 4 (Winter 1976), pp. 100-102. 

“Stability of the Phillips Curve and the Accelerationist Hypothesis: Recent 

Microeconomic Evidence," Quarterly Review of Economics and Business, 

Vol. 14, No. 3 (Autumn 1974), pp. 35-45. 


Speaker

"Economic Literacy for the University Student," Invited Panel on Economic 

Literacy and Education, Southwestern Society of Economists Meetings, 

March 1992. 

(With D. B. Truett) "Non-Primary Exports of African LDCs: Have Trade 

Preferences Helped?" Biennial Conference of the Economic History 

Society of Southern Africa, July 1990. 



(With D. B. Truett) “The South African Textile Industry: Can It Survive?” 

Western Economic Association International Annual Meetings, June 2008. 

(With D. B. Truett) “The Mexican Textile Industry in the New 

International Environment” Western Economic Association International 

Annual Meetings, July 2007. 

(With D. B. Truett) “NAFTA and the Maquiladoras: Boon or Bane?” 

Western Economic Association International Annual Meetings, July 2006. 

(With D. B. Truett) “NAFTA‟s Impact on the Mexican Automotive 

Sector,” Western Economic Association International Annual Meetings, 

July 2005. 

(With D. B. Truett) “Imports and the Spanish Automotive Industry,” 


(With D. B. Truett) "A Cost-Based Analysis of Scale Economies in the 

French Auto Industry," Western Economic Association International 

Annual Meetings, July 2002.

(With D. B. Truett) "Factor Demand, Trade Liberalization, and Growth: 

Prospects for the New South Africa," Western Economic Association 

International Annual Meetings, July 2001. 

(With D. B. Truett) "Production and Cost Characteristics of the South 

African Motor Vehicle Industry," Western Economic Association 


(With D. B. Truett) "The Italian Automotive Industry and Economies of 

Scale," Southern Economic Association Annual Meetings, November 1999. 

(With D. B. Truett) "The Demand for Imports in Italy: A Production 

Analysis," Western Economic Association International Annual Meetings, 

July 1999. 

(With D. B. Truett) "The Demand for Imports and Economic Reform in 

Spain," Southern Economic Association Annual Meetings, November 

1998. 

(With D. B. Truett) "The Spanish Automotive Industry: Scale Economies 

and Input Relationships," Western Economic Association International 

Annual Meetings, June 1998. 

(With D. B. Truett) "A Cost Function Analysis of the Mexican 

Nonelectrical Machinery Industry," Southern Economic Association 

Annual Meetings, November 1997. 

(With D. B. Truett) "The Korean Metals Industry and Economic 

Development," Western Economic Association International Annual 

Meetings, July 1997.

(With D. B. Truett) "A Cost Function Analysis of the Mexican Petroleum 

Industry," Southern Economic Association Annual Meetings, November 

1996. 

(With D. B. Truett) "The Role of the United States GSP in the Promotion 

of Balkan and Eastern Mediterranean Exports," Congress of Political 

Economists International Annual Meetings, August 1996. 

(With D. B. Truett) "A Cost Function Analysis of the Australian 

Transportation Equipment Industry," Western Economic Association 


(With D. B. Truett and Su Zhou) "The Relation Between Canadian, 

Mexican, and United States Short-Term Money Markets: A Pre-Nafta 

Analysis," Southern Economic Association Annual Meetings, November 

1995. 

(With D. B. Truett) "Trade Liberalization and the Mexican Steel Industry," 


(With D. B. Truett) "Australian Government Policies and the Balance of 

Trade Performance of the Transportation Equipment Industry," Congress of 

Political Economists International Annual Meetings, January 1995. 

(With D. B. Truett) "Economies of Scale in the Mexican Automotive 

Sector: A Translog Cost Function Analysis," Western Economic 

Association International Annual Meeting July 1994. 

(With D. B. Truett) "Government Policy and the Export Performance of 

the Mexican Automobile Industry," Congress of Political Economists 

International Annual Meetings, January 1994.

(With D. B. Truett and Bobby E. Apostolakis) "The Translog Cost 

Function and Import Demand: The Case of Mexico," Western Economic 

Association Meetings, June 1993. 

(With D. B. Truett) "Technology and Import Demand: The Case of 

Mexican Steel Scrap Imports," Congress of Political Economists 

International Meetings, January 1993. 

With D. B. Truett) "Trade Preferences and Exports of Manufactures: A 

Case Study of Bolivia and Brazil," Western Economic Association 

Meetings, July 1992. 

(With D. B. Truett) "Response of Mexican Maquiladora Production to U.S. 

and Asian Relative Wage Rate Changes: A Multi-Industry Analysis," 

Western Economic Association Meetings, June 1991. 

(With D. B. Truett) "Trade Preferences in Southeast Asia: A Case Study 

of the ASEAN Group and Korea," Congress of Political Economists 

International Annual Meetings, January 1990. 

(With D. B. Truett) "The Demand for Life Insurance in Mexico and the 

United States," Western Economic Association Meetings, June 1989. 

(With D. B. Truett) "The Response of Tourism to International Economic 

Conditions: Greece, Spain, and Mexico," prepared for the Western 

Economic Association Meetings, July 1985. 

(With D. B. Truett) "The Mexican Automobile Industry and International 

Trade, 1970-1983," North American Economics and Finance Association 

Meetings, July 1984. 

(With D. B. Truett) "An Analysis of Italy's Trade and Current Account 

Balances: 1960-1981," Western Economic Association Meetings, July 

1983.

(With D. B. Truett) "Sectoral Origins of the Trade Deficit of the Mexican 

Motor Vehicle Industry," Western Economic Association Meetings, July 

1981. 

(With D. B. Truett) "Public Policy and the Growth of the Mexican Tourism 

Industry: 1970-1979," Western Economic Association Meetings, June 

1980. 

"Impact of Short-Term Money Market Interest Rates on Federal Funds 

Purchases by Banks: 1977-1978," Western Economic Association 

Meetings, June 1979. 

(With D. B. Truett) "U.S. Protectionism: A New Dilemma for Mexican 

Development," North American Studies Association Meetings, December 

1978. 

(With D. B. Truett) "The Mexican Automobile Industry After Fifteen 

Years of Integration," Southern Economic Association Meetings, 

November 1978. 

"Impact of the Federal Funds Market on Bank Portfolio Management," 

Western Economic Association Meetings, June 1978. 



(With D. B. Truett) "An Intertemporal Cross Section Analysis of 

Economies of Scale in Mexican Manufacturing," Eastern Economic 

Association Meetings, March 1988. 

(With D. B. Truett) "The Maquiladoras: Prospects for Mexico," Midwest 

Economic Association Meetings, April 1984.



(With D. B. Truett) "The Generalized System of Preferences After Seven 

Years: The Case of Mexico," Southwestern Economic Association 

Meetings, March 1983. 

(With D. B. Truett) "Mexico and GSP: An Update," Southwestern 

Federation of Administrative Disciplines Meetings, March 1980. 

"The Role of Bargaining Costs in Wage Rate Changes: A Mathematical 

Model," Southwestern Federation of Administrative Disciplines 

Meetings, March 1978. 

Contracts, Grants and Fellowships - Grants 

Year Funding Source Role Title 

2002 - 2009 College of Business Summer Research 

Grants, 2002-2009. 



12/2008 - Member College of Business Member, Faculty Development Leave 

01/2009 

Committee 

1996 - 1997 Chair College of Business Strategic Planning Committee 

Service: Governance/Committees - Department Service 


Member Department of Economics Member, Master of Arts in Economics 

Admissions Subcommittee, September 

2003-Present 

09/2003 - 

Present 

09/2003 - 

Present 

Chair 

Department of Economics Chair, Master of Arts in Economics 

Graduate Study Committee, September 

2003-Present 

Department of Economics Faculty Advisor, Master of Arts in 

Economics, September 2003-Present 

09/2003 - 

Present 

Faculty 

Advisor 

2009 - 2010 Chair Department of Economics Chair, Department of Economics Periodic 

Performance Evaluation Committee, Fall 

2009 and Fall 2010.

09/2003 - 

08/2006 

09/2002 - 

08/2003 

Member 

Member 


Department of Economics Master of Arts in Economics Curriculum 

Subcommittee 

Department of Economics Master of Arts in Economics Curriculum 

and Program Review Subcommittee 


2002 - Present Member The University of Texas 

at San Antonio 

Member, Graduate Council, September 

2002-Present 

05/2010 Participant, UTSA commencement. 

05/2009 Faculty Hooder The University of Texas Hooder, UTSA Commencement 


09/2006 - 

08/2007 

Member The University of Texas 


Graduate Council Membership 

Committee 

09/2002 - 

08/2004 

Member The University of Texas 


Graduate Council Committee on 

Academic Policy and Requirements 

Service: Professional, Editorial, Community - Papers Reviewed for 

Meetings 


08/2009 Reviewer International Conference I served as a reviewer of a proposed 

of Computational paper for the International Conference 

Methods in Sciences and of Computational Methods in Sciences 

Engineering 

and Engineering. 


Journals 


09/2010 Reviewer I reviewed an article submitted for 

publication for the North American 

Journal of Economics and Finance. 

Academic and Professional Societies/Associations - Academic 



1993 - 2010 Member Member, Congress of 

Political Economists, 

International 

1993 - 2010 Member Member, Financial 

Management Association 

1978 - 2010 Member Member, Southern 

Economic Association 

1978 - 2010 Member Member, Western 

Economic Association, 


1978 - 2010 Member Member, American 

Economic Association



2009 - 2010 Awards The MBA Association Outstanding Professor in Economics, 2009 and 

2010. 

04/2008 Awards Alumni Association Distinguished Faculty Teaching Award in April, 

2008. 



1968 - 1971 Honors Graduate: Omicron Delta Epsilon, Beta Gamma Sigma, Teaching 

Research Fellowship, University of Iowa, 1968-1971. 

Professional Experience - Consulting 


1993 - 1994 Ronald W. Peebles and Donald 

K. Dubbs vs. Record Town 

of Houston, Inc., et. 

al. (Fall, 1983 through 

Spring, 1984). Estimated 

damages involving work 

contracts that were not 

honored for plaintiff. After 

two findings for the 

plaintiff, the case was 

settled out of court. 

1977 MMR, Inc., San Antonio, 

Texas vs. Modern 

Manufacturing. (May- 

June, 1977). Trade 

practices case under Texas 

Commercial 

Code. With Dale B. 

Truett prepared sales and 

profit projections to 

ascertain damages from 

unfair practices of 

defendant. Case was found 

for the defendant. 

1975 - 1976 Padre Concrete Corporation 

vs. Capitol Aggregates, et. 

al. (Fall, 1975, through 

Summer, 1976). Antitrust 

case in Federal 

District Court for the 

Western District of 

Texas. With Dale B.

Truett worked on data 

analysis and cost and profit 

projections in local 

concrete industry. Prepared 

materials for arguments on 

behalf of McDonough 

Bros., Inc., Barrett 

Industries, Vulcan 

Materials, Capitol 

Aggregates (H. B. Zachary 

Co.), and nine other 

defendants. Case was 

found for the defense. 

1975 Presented seminar with Dr. Gilroy 

Zuckerman for the North Carolina 

Savings and Loan Association, 

Spring, 1975.

Address 






Work Phone : 210-458-6322 

Edgar Antoine Ghossoub 

Work Email : Edgar.ghossoub@utsa.edu 

Website : http://faculty.business.utsa.edu/eghossou 



2007 Doctor of Philosophy Economics University of Kentucky 

2004 Master of Arts Economics University of Kentucky 

2001 Master of Science Economics University of NC at 

Charlotte 



2007 University of Texas at San Assistant Professor 




“Liquidity Risk and Financial Competition: Implications for Asset Prices and 

Monetary Policy,” presented at the Midwest Macroeconomic Meetings, Michigan 

State University, May 2010 and Southern Economic Association Meetings in 

Atlanta, GA (November 2010). 

“Endogenous Financial Development: A Role for Monetary Policy” Presented at 

the Southern Economic Association Meetings at San Antonio, TX (November 

2009) 

“Liquidity Crises and Asset Prices: Implications for Policy,” Presented at the 

Southern Economic Association Meetings at Washington D.C (November 2008) 

“Endogenous Financial Development and the Effects of Monetary Policy,” (with 

R. Reed). Presented at the Midwest Economic Theory Meetings at the University 

of Illinois at Urbana-Champaign (May 2008) 

"Endogenous Financial Development and the Effects of Monetary Policy," (with 

R. Reed). Presented at the Southern Economic Association Meetings at New 

Oreleans, LA (November 2007) 

“Inflation Targeting,” Session Chair, at the Southern Economic Association 

Meetings at New Orleans, LA (November 2007) 

“The Cost of Capital, Asset Prices, and the Effects of Monetary Policy,” (with R. 

Reed). Presented at the Souther Eeconomic Association Meetings at Charlston, 

SC (November 2006).

“The Stock Market, Monetary Policy, and Economic Development,” (with R. 

Reed). Presented at the Midwest Macroeconomic Meetings at Washington 

University (May 2006) 


Reed). Presented at the Southern Economic Association Meetings at Washington 

D.C (November 2005) 


Money and Banking, Intermediate Macroeconomics, Graduate Macroeconomic 

Theory, Graduate Monetary Theory. 


“The Role of Financial Sector Competition for Monetary Policy,” (with T. 

Laosuthi and R. Reed). Canadian Journal of Economics, 2012. 

“Financial Market Participation, Financial Intermediation, and Monetary Policy”. 

Under Review. 

“Technological Diffusion Asset Prices,” (with H. Beladi). Economics Letters, 

2011. 

“Open Market Operations and Banking Competition,” (with H. Beladi). 

“Banking Liquidity Crises and Asset Prices: Implications for Monetary and Fiscal 

Policies” 

“Liquidity Risk and Financial Competition: Implications for Asset Prices and 

Monetary Policy” 

“Intergenerational Bargaining and Indeterminacy of Equilibria” 

“The Effects of Monetary Policy at Different Stages of Economic Development” 

(with R. Reed). Under Review. 


Reed). Under Submission 

“Liquidity Risk, Economic Development, and the Effects of Monetary Policy,” 

(with R. Reed). European Economic Review, 54, 2010. 

“Liquidity Risk and Banks’ Asset Composition: Implications for Monetary 

Policy”. Southern Economic Journal 77 (Oct 2010): 465-481. . 

“Economic Development and the Welfare Costs of Inflation,” (with R. Reed) 

Under Submission 

“The Cost of Capital, Asset Prices, and the Effects of Monetary Policy,” (with R. 

Reed). Under Submission 

“Money and Specialization in a Neoclassical Growth Model,” (with R. 

Reed). Journal of Money, Credit, and Banking 37 (Oct 2005): 569-575.

Journal Publications - Review - Book Review 

“Monetary Policy, Inflation and the Business Cycle" by Jordi Gali. The 

International Review of Economics and Finance, 2008. 



2007 - 2010 Faculty Forum Executive Committee 



2007 - 2010 Graduate Studies Committee for the M.A 

in economics; Curriculum and Program 

Review 

2007 - 2010 Economics Doctoral Committee 



2006 - 2007 Awards 

2005 - 2006 Awards 

2003 - 2005 Awards 

Gatton Doctoral Fellowship: Research Challenge Trust Fund II 

Kentucky Opportunity Fellowship 

Gatton Doctoral Fellowship: Research Challenge Trust Fund II

Address 





Basile Goungetas 



1986 Doctor of Philosophy Economics University of Missouri 

Columbia 

1983 Master of Arts Economics University of Missouri 

Columbia 

1978 Bachelor of Arts Economics Athens University of 

Econonics and Business 



2005 - Present Associate Director AT&T Inc. 

-- Customer 

Analytics and 

Research

University of Akron 

Institute of Economics, Academia 

Sinica, Taiwan 

University of Texas, Arlington 


University of California - Davis 




2006 - 2007 paper 


presenter/chair 

Economics Meetings, 2006, 2007. 


Economics Midwest 


Meetings Meetings 

1989 - 2004 Conference 

Reviewer/ 

Chairman of 

Sessions 

1989 Conference 

Reviewer 

Western Economic 


Southern Economic 


Western Economic Association 

Southern Economic Association 




2009 - 2011 Member Member, Financial Management 





2009 - 2020 Member Member, International Economics and 

Finance Society 

2009 - 2020 Member Member,Scientific Committee, 

EuropeanEconomics and Finance Society, 

2007- 

2009 - 2011 Member Member, American Economic 



2009 - 2010 Member Member, Canadian Economic Association




1992 - 2020 Founding 

Member 


and Finance Society 

(IEFS) 

Founding Member, International 

Economics and Finance Society (IEFS), 

1992- 



2011 Awards Col.Piccione and Lt.Col.Philip Piccione Endowed Research Award, 


2010 Awards The Dean's Excellence Award for Advancing Globalization, College of 

Business, UTSA, 2010. 

2003 Awards Ranked as Top Cited Author (Top Cited Article), 2003 

http://economics.ca/cje/en/statistics.php 

1990 - 2000 Awards Ranked 91st among Top 500 Economists in the world based on 

#articles published during 1990-2000. 

http://student.ulb.ac.be/~tcoupe/update/authorsarticles.pdf 

1993 Awards University of Dayton Faculty Scholarship Award, 1993 

1993 Awards University of Dayton School of Business Scholarship Award, 1993 

1990 Awards Faculty Research Grant, CBER University of Dayton, 1990 

1989 Awards Hobart Scholar, CBER, University of Dayton, 1989 

1981 - 1982 Awards Graduate Student Fellowship, Utah State University, 1981-82 



2010 - 2012 Honors IBC Bank Senior Faculty Fellow, University of Texas at San Antonio, 

2010-

2009 Honors Col.Piccione and Lt.Col.Philip Piccione Endowed Research Award, 



1- Professor Ravi Batra 


Southern Methodist University 

Dallas, TX 75275 

Tel: (214) 768-2707 

Email: rbatra@mail.smu.edu 

Professor Henry Thompson 

Department of Agricultural Economics, 

Auburn University 

Auburn, AL 36849 

Tel: (334) 844-2910 

Fax: (334) 844-4615 

E-mail: thomph1@auburn.edu

- Professor Amitrajeet Batabyal 

Arthur J. Gosnell Professor of Economics 


Rochester Institute of Technology 

92 Lomb Memorial Drive 

Rochester, NY 14623-5604 

Tel: (585) 475-2805 

Email:aabgsh@rit.edu 

- Professor E. Kwan Choi 


Iowa State University 

Ames, IA 50011 

Tel: ( 515) 294-5999 

Fax: 9515) 294-9913 

E-mail : kchoi@iastate.edu

Professor Eden Yu 

Department of Economics and Finance 


83 Tat Chee Avenue 

Kowloon Tong 

HONG KONG 

Tel:011-852-2788-7604 

E-mail: efedenyu@cityu.edu

Address 





College Of Business 

BB 4.01.02 


Work Phone : (210)458-4313 

Daniel R Hollas 

Work Email : DANIEL.HOLLAS@UTSA.EDU 



1977 Doctor of Philosophy Economics Univ Ill Urbana Campus 

1974 Master of Arts Economics Univ Ill Urbana Campus 

1972 Bachelor of Business Administration Economics University of Houston 



09/1994 - University of Texas at San Professor 

Present Antonio 

07/1988 - University of Texas at San Associate Professor 

09/1994 Antonio 

08/1982 - University of Mississippi Associate Professor 

07/1988 

08/1976 - 

08/1982 

University of Mississippi Assistant Professor 



05/2000 - 

Present 



Senior Associate 

Dean 

07/1998 - 

05/2000 



Associate Dean for 

Graduate Studies 

and Research, 


02/1999 - 

07/1999 

09/1994 - 

09/1997 

09/1992 - 

09/1994 







Interim Associate 

Vice President for 

Academic Affairs 

Associate Vice 

President for 

Academic Affairs 

Associate Dean

07/1982 - 

1984 

06/1981 - 

08/1982 

University of Mississippi 

University of Mississippi 

Department 

Chairman 

Acting Chairman, 

Department of 


Finance 


Government and Business 

Industrial Organization 


Business and Economic Statistics 


Industrial Organization 

Regulated Industries 

Promotion of Competition 

Real Estate 



Hollas, Daniel R. "Paul MacAvoy." In Biographical Directory of the Council of 

Economic Advisors, Greenwood Press, 1988, 136-41. 


Beladi, Hamid, Chi-chur Chao, and Daniel Hollas. "Does Globalization Weaken 

Labor Unions in Developing Countries?" The Journal of International Trade and 

Economic Development, accepted for publication. 

Beladi, Hamid, Chi-chur Chao, and Daniel Hollas. "Fair Wages, Urban 

Unemployment and Welfare in a Developing Economy." Economics Bulletin, 

Winter 2011, Vol. 31, no. 1, pp. 1-11. 

Hollas, Daniel R., Ronald C. Rutherford, and Thomas Thomson. “Zillow’s 

Estimates of Single-Family Housing Values.” The Appraisal Journal, Winter 2010, 

Vol. LXXVIII, No. 1, pp. 26-32. 

Firoozi, Fathali, Daniel R. Hollas, Ronald C. Rutherford, and Thomas A. 

Thomson. “Property Assessments and Information Asymmetry in Residential Real 

Estate.” Journal of Real Estate Research, 2006, Vol. 28, No. 3, pp. 275-91.

Hollas, Daniel R., Kenneth R. Macleod, and Stanley R. Stansell. “A Data 

Envelopment Analysis of Gas Utilities’ Efficiency.” Journal of Economics and 

Finance, Summer 2002, Vol. 26, No. 2, pp. 123-37. 

Hollas, Daniel R. “Gas Utility Prices in a Restructured Industry.” Journal of 

Regulatory Economics, September 1999, Vol. 16, pp. 167-85. 

Claggett, E. Tylor, Jr., Daniel R. Hollas, and Stanley R. Stansell. "The Effects of 

Ownership Form on Profit Maximization and Cost Minimization Behavior within 

Municipal and Cooperative Electrical Distribution Utilities." The Quarterly Review 

of Economics and Finance, 1995, Vol. 35, pp. 533-50. 

de la Vina, Lynda, Daniel R. Hollas, John Merrifield, and Jamie Ford. "A Principal 

Components Based Tourism Activity Index." Journal of Travel Research, Spring 

1994, Vol. 32, 37-40. 

Hollas, Daniel R., Stanley R. Stansell. "The Economic Efficiency of Public vs. 

Private Gas Distribution Utilities." Annals of Public and Cooperative Economics, 

1994, Vol. 65, No. 2, pp. 281-300. 

Hollas, Daniel R., Stanley R. Stansell, and E. Tylor Claggett. "Ownership Form and 

Rate Structure: An Examination of Cooperative and Municipal Electric Distribution 

Utilities." Southern Economic Journal, October 1994, Vol. 61, pp. 519-29. 

Hollas, Daniel R. "Downstream Gas Pricing in an Era of Upstream 

Deregulation." Journal of Regulatory Economics, September 1994, Vol. 6, pp. 227- 

45. 

Hollas, Daniel R., and Stanley R. Stansell. "Regulation, Ownership Form, and the 

Economic Efficiency of Rural Electric Distribution Cooperatives." The Review of 

Regional Studies, Summer 1991, Vol. 21, pp. 201-20. 

Sareewiwatthana, Salya, Stanley R. Stansell, and Daniel R. Hollas. "Price 

Efficiency, Technical Efficiency, Regulation and the Economic Efficiency of Credit 

Unions." International Journal of Finance, Autumn 1991, pp. 107-34. 

Stansell, Stanley R., and Daniel R. Hollas. "An Examination of the Relative 

Economic Efficiency of Mutual vs. Stock Savings Institutions." The Journal of Real 

Estate Finance and Economics, 1990, Vol. 3, pp. 73-89. 

Hollas, Daniel R. "Firm and Interruptible Pricing Patterns: Public Versus Private 

Gas Distribution Utilities." Southern Economic Journal, Vol. 57, October 1990, pp. 

371-93. 

Hollas, Daniel R. “Firm/Interruptible Gas Pricing Patterns in a Regulated 

Environment.” Journal of Regulatory Economics, March 1989, Vol. 1, pp. 47-68. 

Hollas, Daniel R., and Stanley R. Stansell. "Regulation, Interfirm Rivalry, and the 

Economic Efficiency of Natural Gas Distribution Facilities." Quarterly Review of 

Economics and Business, Winter 1988, Vol. 28, pp. 21-37. 

Stansell, Stanley R., and Daniel R. Hollas. "An Examination of the Economic 

Efficiency of Class I Railroads: A Profit Function Analysis." Review of Industrial 

Organization, Fall 1988, Vol. 3, pp. 93-117. 

Hollas, Daniel R., and Stanley R. Stansell. "An Examination of the Effect of 

Ownership Form on Price Efficiency: Proprietary, Cooperative and Municipal 

Electric Utilities." Southern Economic Journal, October 1988, Vol. 55, pp. 336-50.

Primeaux, Walter J., John E. Filer, Robert S. Herren, and Daniel R. Hollas. 

"Determinants of Regulatory Policies Toward Competition in the Electric Utility 

Industry." Public Choice, 1984, Vol. 43, pp. 173-86. 

Filer, John E., Robert S. Herren, Daniel R. Hollas, and Paul K. Zebe. "Impact of 

Regulation on Vertical Integration in the Electric Industry." Review of Industrial 

Organization, November 1984, Vol. 1, pp. 216-31. 

Primeaux, Walter J., Robert S. Herren, and Daniel R. Hollas. "Characteristics of 

Viable Competition in the Municipal Electric Industry." Midsouth Journal of 

Economics, September 1984, Vol. 8, pp. 115-20. 

Filer, John E., and Daniel R. Hollas. "Empirical Tests for the Effect of Regulation on 

Firm and Interruptible Gas Service." Southern Economic Journal, July 1983, Vol. 

50, pp. 195-205. 

Hollas, Daniel R., and Robert S. Herren. "An Estimation of the Deadweight and X- 

Efficiency Losses in the Municipal Electric Industry." Journal of Economics and 

Business, (1982, Vol. 34, pp. 269-80. 

Hollas, Daniel R., and Thomas S. Friedland. "Competition, Regulation and Second 

Degree Price Discrimination in the Municipal Electric Industry." Quarterly Review 

of Economics and Business, Autumn 1980, Vol. 20, pp. 41-59. 

Hollas, Daniel R., and Thomas S. Friedland. "Price Discrimination in the Municipal 

Electric Industry." Research in Law and Economics, July 1980, Vol. 2, pp. 181-98. 

Friedland, Thomas S., and Daniel R. Hollas. "The Effect of Shortages on Industrial 

Concentration." The Antitrust Bulletin, Spring 1977, Vol. 22, pp. 106-17. 

Journal Publications - Review - Book Review 

Hollas, Daniel R. Public Sector Economics. Book review in Southern Economic 

Journal, October 1984, Vol. 51, pp. 623-24. 


Speaker 

"The Global Economy: Demands on Schools of Business," presented at the Fortieth 

Anniversary Celebration of the founding of the School of Business, International 

Forum for Schools of Business, The Universidad Autonoma de Nuevo Leon, 

Monterrey, Mexico, October 13, 1992. 

Presentations - Conference Presentation or Paper - Conference - Open - 

Regional 

“Effect of Competition on the Electric Rate Structure,” with Lynda de la Vina, 

presented at the Southwestern Society of Economists 2011 Annual Meeting, 

March 10-12, Houston, Texas. 

“Restructuring and Electric Pricing,” with Lynda de la Vina, presented at the 

Southwestern Society of Economists 2010 Annual Meeting, March 2-6, Dallas, 

Texas.

“Regulatory Policies and Economic Efficiency of Electric Utilities,” with James E. 

Groff, presented at the 28 th Annual Meeting of SWFAD, March 2001, New Orleans, 

LA. 

“Data Envelopment Analysis of Gas Utilities’ Efficiency,” with Ken McLeod and 

Stanley R. Stansell, presented at the 27 th Annual Meeting of SWFAD, March 2000, 

San Antonio, TX. 

“Scale Economies in the Gas Distribution Utility Industry,” presented at the 26 th 

Annual Meeting of SWFAD, March 1999, Houston, TX. 

“Federal Regulatory Policies and Economic Efficiency of Gas Distribution 

Utilities,” presented at the 25 th Annual Meeting of SWFAD, March 1998, Dallas, 

TX. 

"Federal Regulatory Policies and Gas Utility Pricing," presented at the 24th Annual 

Meeting of SWFAD, March 1997, New Orleans, LA. 

"Forecasting Local Tourism Activity and Employment Using Seemingly Unrelated 

Regression and Three Stage Least Squares Techniques," with Lynda Y. de la Vina, 

John Merrifield, and James S. Ford, presented at 23rd Annual Meeting of SWFAD, 

March 1996, San Antonio, TX. 

"Electric Pricing Patterns: Municipal vs. Cooperative Electric Distribution 

Utilities," with E. Tylor Claggett, Jr., and Stanley R. Stansell, presented at the 

Southern Economic Association Meetings, Nov. 1992, Washington, D.C. 

"Municipal vs. Cooperative Electrical Distribution: A Profit Function Analysis of 

Economic Efficiency," with E. Tylor Claggett, Jr., and Stanley R. Stansell, 

presented at the Southern Economic Association Meetings, Nov. 1991, Nashville, 

TN. 

"Regulation, Ownership Form, and the Economic Efficiency of Rural Electric 

Distribution Cooperatives," with Stanley R. Stansell, presented at the Third Annual 

International Symposium on Small Business Finance, April 24-26, 1991, sponsored 

by the College of Business and the Center for Professional Development and Public 

Service, Florida State University, Tallahassee, Florida. 

"The Economic Efficiency of Public vs. Private Gas Distribution Utilities," with 

Stanley R. Stansell, presented at Southwestern Society of Economists, March 1991, 

Houston, Texas. 

"Regulation, Ownership, and Market Rivalry: Ramsey Numbers in the Natural Gas 

Distribution Industry," presented at Southwestern Federation of Administration 

Disciplines, February 1990, Dallas, Texas. 

"An Examination of the Economic Efficiency of Credit Unions," presented at 

Southern Finance Association meetings, November 1988, San Antonio, Texas with 

S. Sareewiwatthana and S. R. Stansell. 

"Regulation, Interfirm Rivalry, and the Economic Efficiency of Natural Gas 

Distribution Utilities," presented at Rutgers University Advanced Workshop in 

Public Utility Economics and Regulation, New Seabury, Mass., May 1986, with S. 

R. Stansell. 

"An Examination of the Economic Efficiency of Class I Railroads: A Profit 

function Analysis," presented at Southwestern Social Science Association meetings, 

March, 1986, San Antonio, Texas, with S. R. Stansell.

"An Examination of the Relative Economic Efficiency of Mutual vs. Stock Savings 

and Loan Associations," presented at Financial Management Association meetings, 

Denver, CO, Oct. 1985, with S. R. Stansell. 

"The Joint Effect of Regulation and Property Rights on Economic Efficiency," 

presented at Allied Social Science Meetings, Dec. 1984, Dallas, Texas, with S. R. 

Stansell. 

"Economic Determinants of Regulatory Policies Toward Electric Utilities," paper 

presented at the Southwestern Social Science Association, Houston, Texas, March 

17, 1982, with John E. Filer and Robert S. Herren. 

"Electric Utilities and their Captive Coal Mines," paper presented at Mid-South 

Academy of Economists 1982, Nashville, TN, with John E. Filer, Robert S. Herren 

and Paul K. Zebe. 

"Competition in the Electric Industry," paper presented at the Southwestern Social 

Science Association 1981, Dallas, Texas, abstract published in Southwestern 

Journal of Economic Abstracts, Vol. 2, No. 1, 1981, with Robert S. Herren. 

Contracts, Grants and Fellowships - Contracts 


1994 San Antonio 

Convention and 

Visitor's Bureau 

de la Vina, Lynda, and Daniel R. Hollas. "An 

Examination of the Impact of Fiesta Texas 

and Sea World of Texas on San Antonio's 

Economy," funded by the San Antonio 

Convention and Visitor's Bureau, May, 1994. 

1982 Mississippi State 

Attorney General 

Co-Principal 

Investigator 

1982 Mississippi Mineral Co-Principal 

Resources Institute Investigator 

Hollas, Daniel R., and S. Cabell Shull. "An 

Analysis of Economic Consequences of 

Temporary Rate Increases In Electricity under 

Bonding," funded by Mississippi State 

Attorney General's Office, 1982. 

Festervand, Troy, Daniel R. Hollas, and Lewis 

H. Smith. "Analysis of the Economics of 

Producing and Marketing Northwest 

Mississippi Aggregate," funded through the 

Mississippi Mineral Resources Institute, 1982- 

1983. 

Other Publications - Technical Report - Institute 

Hollas, Daniel R. "Econometric Analysis of the San Antonio Tourism Activity 

Index and Visitor Related Employment." In A Tourism Activity Index and 

Economic Models for Forecasting Tourism Activity, Expenditures, and Tourism- 

Related Employment in the San Antonio MSA, Institute for Studies in Business, 

The University of Texas at San Antonio, June 1992, 50-80.


Journals 


1976 - 2011 External Reviewer 

Journal of Economics and Business 

- 2011 

Energy Journal 

Environment and Planning 

Public Finance Quarterly 

Quarterly Review of Economics and 

Business 

Southern Economic Journal 

International Economic Review 

Quarterly Journal of Business and 


International Economic Review 

Journal of Productivity Analysis 

Journal of Regulatory Economics 

Southwestern Economic Review and 

Proceedings 

Public Finance Quarterly

Sara Hsu 

Address 







2006 Doctor of Philosophy Economics University of Utah 

1997 Bachelor of Arts Studio Art Wellesley College 


• "The Crisis? Impact on China?s Rural Migrants" with Shiyin Jiang and Halcott 

Heyward." (2010) Journal of Current Chinese Affairs - China Aktuell. 

• "Employment Impacts of a 'Green' Energy Transition in China" with Shelley Nauss," (2009) China 

Economic Journal.

Yue Hu 

Address 






Work Phone : 210-4585302 

Work Fax : 210-4585837 

Work Email : yue.hu@utsa.edu 



2007 Doctor of Philosophy Economics Syracuse University 

2004 Master of Science Economics Syracuse University 

1998 Bachelor of Arts Human Resource Ren Min University of 

Management China 



08/2009 University of Texas at San Senior Lecturer 


07/2007 - 

04/2009 

Wisconsin Center for 

Education Research 

Researcher 


"Do Minority and Woman Entrepreneurs Face Discrimination in Credit Markets? 

Improved Estimates Using Matching Methods," with Long Liu, Jan Ondrich and 

John Yinger. 

"The Impac of School District Consolidation on Housing Prices " with John 

Yinger. National Tax Journal, 61, Dec 2008. 


Managerial Economics, Microeconomics, Macroeconomics, Public Economics, 


Education Finance, Public Economics, Matching 



09/2010 - 

Present 

Member Committee on Graduate 

Studies for the Master of 

Arts Degree in


Teaching Experience - Other 


08/2010 - 

12/2010 

Other 

Introductory Macroeconomics including an honor class and a 

large session. 

06/2010 - Other 

Managerial Economics (MBA) 

07/2010 

01/2010 - 

05/2010 

Other 

Political Economy (Undergraduate) 

Managerial Economics (MBA) 

08/2009 - 

12/2009 

Other 

Introductory Macroeconomics (Undergraduate) 

Managerial Economics (MBA)

Address 






Work Phone : 210-458-2513 

Shakira Johnson 

Work Email : shakira.johnson@utsa.edu 



2001 Master of Arts Economics University of TX San 


2000 Bachelor of Arts Economics University of TX San 




08/2009 - University of Texas at San Lecturer ECO2023 and ECO2003 

Present Antonio 

2008 - 2009 University of Texas at San 


Lecturer 



08/2009 Other Introduction to Microeconomics ECO2023 

08/2009 - 

Present 

Other 

Introduction to Microeconomics 

ECO 2023 

Introduction to Political Economy 

ECO 2003 

Introduction to Political Economy ECO2003 

Microeconomics and Introduction to Political Economy courses 

taught during the academic year. 

07/2009 Other Summer II ECO2003 

01/2009 Other 

Introduction to Political Economy ECO2003 

08/2008 Other Lecturer for Introduction to Political Economy ECO 2003 at the 

Downtown Campus 



President SPA J, Inc President of s-corporation while 

maintaining bookkeeping and 

accounting records. 

04/2008 - 

09/2010 

08/2005 - 

09/2010 

Owner Country Kids Academy Own and operate licensed childcare 

facility in North San Antonio

08/2005 - 

09/2010 

since August 2005. Childcare and 

preschool for over 100 children. 

Member KEGS SA, LLC Performed routine LLC updates 

and bookkeeping. Managed 

accounting records and accounts 

payable and accounts 

receivables. Performed payroll 

processing and employee hiring 

operations. 

Professional Experience - Adjunct Faculty 


08/2008 Lecturer I University of Texas at San 




06/2011 QEP Program Co-Principal 

Committee Investigator 

QEP Program Committee approved proposal 

for the 2011 Quantitative Literacy Course 

Development Program. The Program 

provided resources and support for 

significant and sustainable course redesign in 

support of UTSA’s QEP “Quantitative 

Scholarship: From Literacy to Mastery.”

Address 





Cob-Assoc Dean - DT 

BB 4.01.10 


Work Phone : (210)458-4315 

Leslie Doss 

VITA 2010 

Work Email : leslie.doss@utsa.edu 



1985 Master of Business Administration Business University of Texas at 


1976 Bachelor of Science Electrical 

Engineering 


Electrical 

Engineering 

University of Texas at 

Arlington 


01/1990 - 

Present 

UTSA Lecturer III Economics 2003 - Economic 

Issues and Principles 




Microeconomics 

Economics 3033 - Economics: 

Managerial Decisions 



01/1990 - 

Present 

5 through 8 Have taught over the past 20 years one class each of Principles 

of Microeconomics and Macroeconomics. For the past two years 

have taught two Managerial Economics classes per long 

semester. Have on occasion taught Political Economics. 

01/1975 - 5 through 8 

Performed curriculum implementation, course lectures, and 

institutional evaluations pertaining to economic theory including 

Principles of Macroeconomic and Microeconomic theory, 

Political Economics and upper division Eeconomics of 

Managerial Decisions.

05/1976 

Instructed junior and senior level Electrical Engineering 

courses in measurement equipment and techniques with 

use of analog simulation tools while comparing empirical 

performance of simple analog communication circuits using 

discrete devices and circuits. 



President DML Enterprises, LLC DML Enterprises, 

LLC President January 

2005 to Present 

06/1993 - 

Present 

04/1993 - 

12/2006 

09/1998 - 

07/2000 

07/1991 - 

03/1993 

President 

Regional 

Manager 

Chief 

Operating 

Officer 

LLBC Enterprises, LLC 

Medical Manager 

(WebMD) 

SATG, INC 

07/1987 - Director Performance Technology 

Primary shareholder of Practice Management, 

Consulting and Medical Billing Company with 32 

employees serving 43 physician clinics in the South 

Texas region by providing medical practice 

consulting, management, and billing 

services.. Developed national sales division for 

financial and operational analytics, designed 

statistical analysis of insurance reimbursements 

based on procedures and diagnosis, and quantified 

studies of procedures and diagnosis utilized by each 

physician. 

Directed 40 employees who served 80 clients by 

providing software and hardware systems for 

medical practice management and billing services 

for 600 private practice and hospital groups that 

employed 1450 physicians. LLBC provided 

electronic medical records via RF based networking 

technology, making it the most modern management 

resource available. Negotiated sale of multiple 

corporate divisions to DavLong Business Systems in 


Created, established, and expanded the 

development of a regional medical sales force 

throughout the southwest territory of Texas, 

Oklahoma, and New Mexico. Managed annual 

revenue of $7 million. 

Managed custom networking companies and 

computer retail centers. Responsible for human 

resources of 67 employees and corporate marketing 

activities. Increased retail sales in 19 months from 

$250 thousand annually to $16 million. Negotiated 

sale to Kmart, Corp. in March 1993.

07/1991 

07/1985 - 

07/1987 

07/1981 - 

07/1985 

06/1976 - 

08/1981 

Director, 

Business 

Development 

Director of 

Service 

Strategy 

Senior 

Systems 

Engineer 

Intelogic Trace 

Datapoint Corporation 

Federal Aviation 


Designed, implemented, and managed the 

worldwide distribution network of Performance 

Technology software. Increased annual revenue in 

36 months from $2.1 million to $16.7 

million. Managed human resources, external auditing 

of financial statements, day-to-day operations of 

manufacturing, technical support and sales. Created 

technical publications, developed technical/ sales 

training and market analysis. Evolved distributor 

negotiation from concept to contract close. 

Developed and managed the implementation of new 

product offerings. Created, evaluated and closed 

contracts for commercial manufacturers and end 

users. Consecutively surpassed annual sales goals 

from $3.6 to $4.2 million in 1986 and from $5.4 

to $6.7 million in 1987. Evaluated and 

recommended, to the Board of Directors, 

engineering and operations reviews of potential 

mergers and acquisitions. Directed 60 personnel and 

forecasted a $7.6 million dollar budget. 

Strategized immediate and long range business 

plans for third party maintenance including 

marketing. Managed telecommunication software 

certification, verification of engineering design, and 

new product program management. Instructed 

senior officers and executives through advanced 

management technique course. Directed largest 

Datapoint telecommunication project with 160 

developers and $48 million in venture cost for large 

business negotiation. 

Conducted the engineering, installation and support 

of en route to ground communication systems, 

navigation systems including VOR/TACAN/ILS for 

short and long range radar systems.

Da-Hsiang Donald Lien 

Address 





East Asia Institute 

MB 1.209 


Work Phone : (210)458-7312 

Work Fax : (210)458-4319 

Work Email : don.lien@utsa.edu 



1986 Doctor of Philosophy Social Science Cal Institute of 

1979 Master of Science Management 

Science 


Technology 

National Jiao Tung 



1988 - 1989 Washington University, St. Visiting Assistant 

Louis 

Professor of 

1988 - 1989 Washington University, St. 

Louis 


Visiting Assistant 



1988 - 1989 Washington University, St. 

Louis 




1986 - 1989 University of Kansas Assistant Professor 

1987 - 1988 Institute for Public Policy and 

Business Research, 

University of Kansas 

Research Associate 



1987 - 1988 University of Kansas Director of M.A. 

Program in 



“Statistical Methods in Inventory Effect and Analysis,” in: Handbook of 

Business, Finance and Management Sciences, N. Balakrishnan (ed.), 

forthcoming.

“On Capital Structure and Entry Deterrence,” in: Handbook of Quantitative Finance and Risk 

Management, C. F. Lee (ed.), 2010 (with Fathali Firoozi). 

“Hedging Mismatched Currencies with Options and Futures,” in: Risk 

Management, Benigno Jordão and Emilio Sousa (eds.), Nova Science Publishers, 

2010. (with Maurice K. S. Tse and Kit Pong Wong). 

“Simultaneous versus Separate Hedging Strategies,” in: Financial Hedging: 

Risks, Strategies and Performance, Frank Columbus (ed.), Nova Science 

Publishers, 2009. (with Mei Zhang). 

“Women's Education, Labor Force Participation and Development in Africa,” in: 

Globalization, Liberalization, and the Role of Women in African Development, S. 

H. Boko, M. Baliamoune, and S. Kimuna (eds.), Africa World Press/The Red Sea 

Press: Trenton, New Jersey, 2005. (with Elizabeth Asiedu). 

“Settlement Specifications on Commodity Futures Contracts,” in: Focus on 

Agricultural Economics, Volume 1, Bellows, Ami R. (ed.), Nova Science 

Publishers: Hauppauge, New York, 2005, p.53-76. (with Li Yang). 


“A Linear Model Test of Sufficiency for Non-orthogonality of Matrices,” 

Advances and Applications in Statistics, 22 (2011): 119-127 (with Fathali Firoozi, 

Saeid Mahdavi, and Lynda de la Vina). 

“Confucius Institute Effects on China's Trade and FDI: Isn't it delightful when 

folks afar study Hanyu?” International Review of Economics and Finance, 

21(2012): 147-155 (with Chang Hoon Oh and W. Travis Selmier). 

“International Trade, Foreign Direct Investment, and Transaction Costs in 

Languages,” Journal of Socio-Economics, forthcoming (with Chang Hoon Oh 

and W. Travis Selmier). 

“An Economic Analysis of Instructional Language,” Education 

Economics, forthcoming (with Yaqin Wang). 

”Advancing Theory and Research on Employee Behavior in China,” Journal of 

Mangerial Psychology, forthcoming (with Linda Isenhour and Dianna Stone) 

“A Note on the Performance of Regime Switching Hedge Strategy,” Journal of 

Futures Markets, forthcoming. 

“The Effects of a Brach Campus,” Education Economics, forthcoming (with 

Yaqin Wang). 

“The Value of Planned Death,” Journal of Socio-Economics, 39(2010): 392-395 

(with Leo Chan) 

“A Note on Utility-Based Futures Hedging Performance Measure,” Journal of Futures Markets, 

forthcoming. 

“Special Issue on Chinese Financial Markets: Guest Editors’ Introduction,” 

Emerging Markets Trade and Finance, forthcoming (with Yulu Chen and 

Changyun Wang). 

“Democracy, Foreign Direct Investment and Natural Resources,” Journal of 

International Economics, 84(2011): 99 -111 (with Elizabeth Asiedu) 

"Futures versus Stocks: A Stochastic Dominance Study in Malaysian Markets,” 

Advances in Investment Analysis and Portfolio Management, 4(2010): 49-80. 

(with Wing Keung Wong and Hooi Hooi Lean).

“Convergence to Efficiency in FTSE-100 Futures Market,” International 

Journal of Financial Markets and Derivatives, 1(2010): 243-257 (with Ju 

Xiang). 

“Optimal Design for Study-Abroad Scholarship: The Effect of Payback Policy,” 

Education Economics, 18(2010): 191-205 (with Yaqin Wang). 

“The Effects of Skewness on Optimal Production and Hedging Decisions: An 

Application of the Skew-Normal Distribution,” Journal of Futures Markets, 

30(2010): 278-289. 

. 

“An Income Tax Withholding Model-Pervasiveness of Overpayment,” Journal of 

Public Budgeting, Accounting, & Financial Management, 22(2010): 325-342 

(with Pamela Smith). 

“Effects of Omitting Information Variables on Optimal Hedge Ratio Estimation: A Note,” Journal 

of Futures Markets, 30(2010): 795-800. 

“The Effects of Structural Breaks and Long Memory on Currency Hedging,” Journal of Futures 

Markets, 30(2010): 617-632 (with Li Yang). 

“Financial Assistance for Study Abroad Students: An Economic Analysis,” 

International Review of Economics and Finance, 19(2010): 515-522 (with Gang 

Liu). 

“Recent Development in China’s Financial Markets: An Introduction,” 

International Review of Economics and Finance, 19(2010): 177-179 (with Yulu 

Chen). 

“Estimating Optimal Hedge Ratio: A Multivariate Skew-Normal Distribution 

Approach,” Applied Financial Economics, 10(2010): 627-636 (with Keshab 

Shrestha). 

“A Note on the Relationship between the Variability of the Hedge Ratio and Hedging 

Performance,” Journal of Futures Markets, 30(2010): 1100-1104. 

“A Note on the Hedging Effectiveness of GARCH Models,” International Review 

of Economics and Finance, 18(2009): 110-112. 

“Intraday Return and Volatility Spillover across International Copper Futures 

Markets.” International Journal of Managerial Finance, 5(2009):135-149. (with 

Li Yang). 

“Sexual Orientation and Self-reported Lying,” Review of Economics of Households, 

7(2009): 

83-104. (with Nathan Berg). 

“Timing the VaR Hedge,” Research in Finance, 25(2009): 333-341. 

“Hedging Pressure and Delivery Risk Explanations of Futures Risk Premia,” 

Research in Finance, 25(2009): 303-331 (with Andrew Chen, Joseph Kang, and 

Charnwut Roongsangmanoon).

“Borderplex Menu Evidence for the Law of One Price: A Convergence 

Approach,” Applied Economics Letters, 16(2009), 1717-1720. (with Yong Bao 

and Tom Fullerton). 

“Will Pulling Out the Rug Help? Uncertainty about Fannie and Freddie’s Federal Guarantee and 

the Cost of the Subsidy,” Annals of Financial Economics, 4(2008): 45-88. (with Karan Bhanot 

and Margot Quijano). 

“Offshore Bidding and Currency Futures,” International Journal of Business and 

Economics, 7(2008): 125-136 (with Fathali Firoozi). 

“Hedging with Chinese Metal Futures,” Global Finance Journal, 19(2008):123- 

138 (with Li Yang). 

“Hedging Effectiveness Comparisons: A Note,” International Review of 

Economics and Finance, 17(2008): 391-396. (with Keshab Shrestha). 

“The Futures Hedging Effectiveness with Liquidity Risk under Alternative 

Settlement Specifications,” Research in Finance, 24 (2008): 301-320. (with Mei 

Zhang). 

“Financial Interdependence between Hong Kong and the US: A Band Spectrum 

Approach,” 

International Review of Economics and Finance, 17(2008): 507-516. (with Leo 

Chan and Wenlong Weng). 

“A Note on Estimating the Benefit of a Composite Hedge,” Journal of Futures 

Markets, 28(2008): 711-716. 

“Economic Analysis of Transnational Education,” Education Economics, 

16(2008): 149-166. 

“Leland Model More Accurately Evaluates Efficacy of Portfolio Hedging 

Strategies,” Journal 

of Financial Planning, January(2008): 76-83. (with Karyl Leggio). 

“Quality Assurance Program and Brain Drain,” Education Economics, 16(2008): 

59-73. 

“A Survey of Emerging Derivatives Markets,” Emerging Markets Trade and 

Finance, 44(2008): 39-69. (with Mei Zhang). 

“A Further Note on the Optimality of the OLS Hedge Strategy,” Journal of 

Futures Markets, 28(2008): 308-311. 

“Optimal Futures Hedging: Quadratic versus Exponential Utility Functions,” 

Journal of Futures Markets, 28(2008): 208-211. 

“Asymmetric Effects of Basis on Dynamic Futures Hedging: Empirical Evidence 

from Commodity Markets,” Journal of Banking and Finance, 32(2008): 187-198. 

(with Li Yang). 

“Measuring Efficiency Gains from Hospital Mergers,” Journal of Research in 

Health care Finance Management, 11(2007): 77-90 (with James Groff and 

Jiwei Su). 

“The Dynamics of Volatility Spillovers in Chinese Futures Markets,” Journal of 

Emerging Markets, 12(2007): 34-43. (with Leo Chan and Wai-Kin Leung). 

“Statistical Properties of Post-Sample Hedging Effectiveness,” International 

Review of Financial Analysis 16(2007): 293-300. 

“The Role of Scholarships in Study Abroad Programs,” Education Economics, 

15(2007): 203-213.

“Dynamic Correlation: A Tool for Hedging House-Price Risk?” Journal of Real 

Estate Portfolio Management, 13(2007): 17-28. (with Nathan Berg and Anthony 

Gu). 

“Designing Natural Gas Utility Hedge Programs with Call Options,” Managerial 

Finance, 33(2007): 253-269. (with John Cita and Soojong Kwak). 

“Cash Flow Effects of the Saskatchewan Short-Term Hog Loan Program,” Canadian 

Journal of Agricultural Economics, 55(2007): 83-96. (with David Hennessy). 

“An Empirical Analysis of the Relationship between the Hedge Ratio and 

Hedging Horizon Using Wavelet Analysis,” Journal of Futures Markets, 

27(2007): 127-150. (with Keshab Shrestha). 

“Covered Calls and Protective Puts: Creating Value across Economic Cycles?” 

Review of Futures Markets, 15 (Winter 2006-2007): 295-311 (with Karyl 

Leggio). 

“International Tender and Futures Hedging,” Managerial and Decision 

Economics, 26(2006):587-594. (with Kit Pong Wong). 

“Spot-futures Spread, Time-varying Correlation and Hedging with Currency 

Futures,” Journal of Futures Markets, 26(2006): 1019-1037. (with Li Yang). 

“Ledger Provision in Hog Marketing Contracts,” Agricultural Finance Review, 

66(2006): 77-89. (with David Hennessy). 

“Estimation Bias of Futures Hedging Performance: A Note,” Journal of Futures 

Markets, 26(2006): 835-841. 

“Borderless Education and Domestic Programs,” Education Economics, 

14(2006): 297-308. 

“International Accreditation and Brain Drain: A Simple Model,” Economics of 

Education Review, 25(2006): 335-340. 

“Provisional Liquidation of Futures Hedge Programs,” Energy Economics, 

28(2006): 266-273. (with Soojong Kwak). 

“Same-Sex Sexual Behavior: U.S. Frequency Estimates from Survey Data with Simultaneous 

Misreporting and Non-Responses,” Applied Economics, 38(2006): 757-769. (with Nathan Berg). 

“Are Options Redundant? Further Evidence from Currency Futures Markets,” 

International Review of Financial Analysis, 15(2006): 179-188. (with Leo Chan). 

“A Note on Beneficial Emigration,” International Review of Economics and 

Finance, 15(2006): 260-262. 

“On the Optimal Quality of Domestic Higher Education Programs,” Economic 

Modelling, 23(2006): 265-275. 

“A Survey on Physical Delivery versus Cash Settlement on Futures Contracts,” 

International Review of Economics and Finance, 15(2006): 15-29. (with Yiu 

Kuen Tse). 

“Cross Hedging with Futures and Options: The Effects of Disappointment 

Aversion,” Journal of Multinational Financial Management, 16(2006): 16-26. 

(with Yan Wang). 

“Moments and Properties of Multiplicatively Constrained Bivariate Lognormal 

Distributions with Applications to Futures Hedging,” Journal of Statistical 

Planning and Inferences, 136(2006): 1349-1359. (with N. Balakrishnan). 

“Asset Allocation during Retirement: The Case of Portfolio Insurance,” Risk 

Letters, 1(2005):?-?. (with Karan Bhanot).

“Model Uncertainty and Futures Hedging,” Finance Letters, 3(2005):?-?. (with 

Yaqin Wang). 

“Trading GPA Futures Contracts as a Teaching Tool: A Classroom Exercise,” 

Journal of Financial Education, 31(2005): 54-67. (with Thomas Root). 

“On the Maximum and Minimum of Bivariate Lognormal Variables,” Extremes, 

8(2005): 79-83. 

“Availability and Settlement of Individual Stock Futures and Options Expiration- 

Day Effects: Evidence from High-Frequency Data,” Quarterly Review of 

Economics and Finance, 45(2005): 730-747. (with Li Yang). 

“Multinational and Futures Hedging under Liquidity,” Global Finance Journal, 

16(2005): 210-220. (with Kit Pong Wong). 

“Effects of Electronic Trading on the Hang Seng Index Futures Market,” 

International Review of Economics and Finance, 14(2005): 415-425. (with 

Joseph Fung, Yiuman Tse, and Yiu Kuen Tse). 

“A Note on the Superiority of the OLS Hedge Ratio,” Journal of Futures 

Markets, 25(2005): 1121-1126. 

“On Regression Analysis with Data Cleaning via Trimming, Winsorization and 

Dichotomization,” Communications in Statistics-Simulation and Computation, 

34(2005): 839-849. (with N.Balakrishnan). 

“Estimating Optimal Hedge Ratio with Focus Information Criterion,” Journal of 

Futures Markets, 25(2005): 1011-1024. (with Keshab Shrestha). 

“Correlation and Return Dispersion Dynamics in Chinese Markets,” International 

Review of Financial Analysis, 14(2005): 477-491. (with Riza Demirer). 

“Does Society Benefit from Investor Overconfidence in the Ability of Financial 

Market Experts?” Journal of Economic Behavior and Organization, 58(2005): 

95-116. (with Nathan Berg). 

“Covered Calls: A Lose-Lose Investment,” Journal of Financial Planning, May 

2005. (with Karyl Leggio). 

“A Note on Asymmetric Stochastic Volatility and Futures Hedging,” Journal of 

Futures Markets, 25(2005): 607-612. 

“Brain Drain or Brain Gain: A Revisit,” Journal of Population Economics, 

18(2005): 153-163. (with Yan Wang). 

“The Use and Abuse of the Hedging Effectiveness Measure,” International 

Review of Financial Analysis, 14(2005): 277-282. 

“Is Covered Call Investing Wise? Evaluating the Strategy Using Risk-Adjusted 

Performance Measures,” Advances in Quantitative Analysis of Finance and 

Accounting, New Series, 2(2005): 187-204. (with Karyl Leggio). 

“Allocating Assets in Retirement Savings to Avoid Downside Risk,” Managerial 

Finance, 2005, 18-32. (with Thomas Root). 

“Comparisons of Short and Long Hedge Performance: The Case of Taiwan,” 

Journal of Multinational Financial Management, 15(2005): 51-66. (with Riza 

Demirer and David Shaffer). 

“Cointegration and Optimal Hedge Ratio,” Quarterly Review of Economics and 

Finance, 44(2004): 654-658.

“Return Autocorrelations on Individual Stocks and Corresponding Features: 

Evidence from Australia, Hong Kong, and United Kingdom Markets,” Review of 

Pacific Basin Financial Markets and Policies, 7(2004): 397-422. (with Li Yang). 

“Hedging Long-Term Commodity Risk: A Comment,” Journal of Futures Markets, 

24(2004): 1093-1099. (with Yan Wang). 

“Alternative Settlement Methods and Australian Individual Share Futures 

Contracts,” Journal of International Financial Markets, Institutions & Money, 

14(2004): 473-490. (with Li Yang). 

“A Bargaining Approach to Currency Collars,” Research in International 

Business and Finance, 18(2004): 229-236. (with Imad Moosa). 

“Optimal Bidding and Hedging in International Markets,” Journal of 

International Money and Finance, 23(2004), 785-798. (with Kit Pong Wong). 

“Futures Markets in the People's Republic of China: Development and 

Prospective,” American Journal of Chinese Studies, 11(2004), 25-35. (with Bo 

Yang). 

“A Note on Dual Hedging,” International Journal of Business and Economics, 

3(2004), 29-34. 

“State-Dependent Preferences and Futures Hedging,” Pacific Economic Review, 

9(2004): 143-149. 

“Tourism and Economic Growth in Colombia: The Role of Violence,” Rivista 

Internazionale di Scienze Economiche e Commerciali, 51(2004), 285-295. (with 

Azucena Monroy). 

“A Comparison of Sortino Ratio and Omega Function for Portfolio Selection,” 

Finance Letters, 2(2004): 11-15. 

“Cash Settlement and Futures Price Volatility: Evidence from Options Data,” 

Advances in Quantitative Analysis of Finance and Accounting, New Series, 

1(2004): 29-44. (with Leo Chan). 

“A Note on Price Futures versus Revenue Future Contracts,” Journal of Futures 

Markets, 24 (2004): 503-512. (with David Hennessy). 

“Firm-level Return Distribution and Correlation Asymmetry: Challenges for 

Portfolio Diversification,” Applied Financial Economics, 14 (2004): 447-456. 

(with Riza Demirer). 

“Capital Controls and Foreign Direct Investment,” World Development, 32 

(2004): 479-490. (with Elizabeth Asiedu). 

“An Empirical Examination of the Effectiveness of Dollar-Cost Averaging Using 

Downside Risk Performance Measures,” Journal of Economics and Finance, 

27(2003): 211-223. (with Karyl Leggio). 

“Contract Settlement Specification and Price Discovery: Empirical Evidence in 

Australia Individual Share Futures Market,” International Review of Economics 

and Finance, 12(2003): 495-512. (with Li Yang). 

“The Tax Hedge,” Journal of Taxation of Financial Products, Summer 2003: 35- 

44. (with Michael Metz). 

“Option Expiration Effects and the Role of Individual Share Futures Contracts,” 

Journal of Futures Markets, 23(2003): 1107-1119. (with Li Yang).

“Tracking-Error Decision Rules and Accumulated Wealth,” Applied 

Mathematical Finance, 10(2003): 91-119. (with Nathan Berg). 

“Conditional Correlation Analysis of Order Statistics from Bivariate Normal 

Distribution with an Application to Evaluating Inventory Effects in Futures 

Markets,” Statistics and Probability Letters, 63(2003): 249-257. (with N. 

Balakrishnan). 

“Futures Market Equilibrium under Knightian Uncertainty,” Journal of Futures 

Markets, 23(2003): 701-718. (with Yaqin Wang). 

“Can Modeling the Natural Gas Futures Market as a Threshold Cointegrated 

System Improve Hedging and Forecasting Performance?” International Review of 

Financial Analysis, 12(2003): 117 -133. (with Thomas Root). 

“The Effect of Liquidity Constraints on Futures Hedging,” Journal of Futures 

Markets, 23(2003): 603-613. 

“E-Commerce and Consumer’s Purchasing Behavior,” Applied Economics, 

35(2003): 721-726. (with Cuneyt Koyuncu). 

“Futures Hedging under Mark-to-Market Risk,” Journal of Futures Markets, 

23(2003): 389-398. (with Anlong Li). 

“Structural Change and Lead-Lag Relationship between the Nikkei Spot Index 

and Futures Price: A Genetic Programming Approach,” Quantitative Finance, 

3(2003): 136-144. (with Yiu Kuen Tse and Xibing Zhang). 

“Using High, Low, Open and Closing Prices to Estimate the Effects of Cash 

Settlement on Futures Prices,” International Review of Financial Analysis, 12 

(2003): 35-47. (with Leo Chan). 

“Downside Risk for Short and Long Hedgers,” International Review of 

Economics and Finance, 12 (2003): 25-44. (with Riza Demirer). 

“Comparing Alternative Investment Strategies Using Risk Adjusted Performance 

Measures,” Journal of Financial Planning, January (2003): 92-96. (with Karyl 

Leggio). 

“Impulse Responses in a Threshold Cointegrated System: The Case of Natural 

Gas Markets," Applied Financial Economics, 13(2003): 23-35. (with Thomas 

Root). 

“Disappointment Aversion Equilibrium in a Futures Market,” Journal of Futures 

Markets, 23(2003): 135-150. (with Yaqin Wang). 

“Optimal Hedge Ratios and Temporal Aggregation of Cointegrated Systems,” 

Advances in Investment Analysis and Portfolio Management, 9(2002): 31-40. 

(with Karyl Leggio). 

“Competition between Nonprofit and For-Profit Firms,” International Journal of 

Business and Economics, 1(2002): 193-207. 

“Short and Long Gini Hedgers in an Emerging Market,” invited article, Industry 

of Free China, 92(2002): 79-103. (invited paper, with David Shaffer). 

“Tax-Loss Carryforward and Futures Hedging,” Managerial and Decision 

Economics, 23(2002): 417-425. (with Michael Metz).

“Physical Delivery versus Cash Settlement: An Empirical Study on the Feeder 

Cattle Contract,” Journal of Empirical Finance, 9(2002): 361-371. (with Yiu 

Kuen Tse). 

“Evaluating Hedging Performance of the Constant-Correlation GARCH Model,” 

Applied Financial Economics, 12(2002): 791-798. (with Yiu Kuen Tse and 

Albert Tsui). 

“Measuring the Effect of Sexual Orientation on Income: Evidence of 

Discrimination?” Contemporary Economic Policy, 20(2002): 394-414. (with 

Nathan Berg). 

“Covered Call Investing in a Loss Aversion Framework,” Journal of Psychology 

and Financial Markets, 3(2002): 182-190. (with Karyl Leggio). 

"Fertility and Economic Growth: Do Immigrant Maids Play a Role?" Pacific 

Economic Review, 7(2002): 245-257. (with Sucharita Ghosh). 

“Measuring Rent-Seeking Activity Levels in OECD Countries: A MIMIC 

Approach,” in: European Economic and Political Issues, Volume 6, Columbus, 

Frank (ed.), Nova Science Publishers: Hauppauge, New York, 2002. (with 

Cuynet Koyuncu). 

“Measuring the Benefits from Futures Markets: Conceptual Issues,” International 

Journal of Business and Economics, 1(2002): 53-58. (with James Quirk). 

“Measuring the Impacts of Cash Settlement: A Stochastic Volatility Approach,” 

International Review of Economics and Finance, 11(2002): 265-275. (with Leo 

Chan). 

“Multiperiod Strip Hedging of Forward Commitments,” Review of Quantitative 

Finance and Accounting, 18(2002): 345-358. (with David Shaffer). 

“Some Recent Development in Futures Hedging,” Journal of Economic Surveys, 

16(2002): 357-396. (with Yiu Kuen Tse). 

"Rent Seeking and Allocative Efficiency: The Case of Bribery," Pacific Economic 

Review, 7(2002): 123-133. 

“A Note on the Relationships between some Risk-Adjusted Performance 

Measures,” Journal of Futures Markets, 22(2002): 483-495. 

“Futures Hedging under Prospect Theory and Knightian Uncertainty,” in: Belief 

Functions in Business Decisions, R. Srivastava and T. Mock (eds.), Physica 

Verlag: Heiderberg, 2002. 

“Delivery Risk and the Hedging Role of Options,” Journal of Futures Markets, 

22(2002): 339-354. (with Kit Pon Wong). 

“Hedging Gas Bills with Weather Derivatives,” Journal of Economics and 

Finance, 26(2002): 88-100. (with Karyl Leggio). [Reprinted in: Weather 

Derivatives – An Introduction, ICFAI University Press, 2005] 

“Risk Aversion, Disappointment Aversion, and Futures Hedging,” Journal of 

Futures Markets, 22(2002): 123-141. (with Yaqin Wang). 

“Cash Settlement and Price Discovery in Futures Markets,” Quarterly Journal of 

Business and Economics, 40(2001): 65-77. (with Leo Chan). 

“Does Loss Aversion Explain Dollar-Cost Averaging?” Financial Service Review, 

10(2001): 117-127. (with Karyl Leggio).

“Multiperiod Hedging in the Presence of Stochastic Volatility,” International 

Review of Financial Analysis, 10(2001): 395-406. (with Bradley Wilson). 

“The Predictability of Corruption: Implications for Investment,” in: The Boom 

and Bust of East Asia, J. Edgardo Campos (ed.), Ateneo de Manila, 2001 (with J. 

Edgardo Campos and Sanjay Pradhan). 

“Corporate Income Tax and Futures Hedging,” Journal of Economics and 

Finance, 25(2001): 292-298. (with Michael Metz). 

“Futures Hedging under Disappointment Aversion,” Journal of Futures Markets, 

21(2001): 1029-1042. 

“Forecasting with Preliminary Data: A Comparison of Two Methods,” Applied 

Economics, 33(2001): 721-726. (with Sucharita Ghosh). 

“Hedging Multiperiod Forward Commitments: The Case of Quantity 

Uncertainty,” Review of Quantitative Finance and Accounting, 16(2001): 171- 

181. (with David Shaffer). 

“A Note on Loss Aversion and Futures Hedging,” Journal of Futures Markets, 

21(2001): 281-292. 

“Hedging Downside Risk: Futures versus Options," International Review of 

Economics and Finance, 10(2001): 159-169. (with Yiu Kuen Tse). [The most 

requested paper of the journal for the year of 2001] 

"Competition and Production Efficiency: Telecommunications in OECD 

Countries," Information Economics and Policy, 13(2001): 51 – 76. (with Yan 

Peng). 

“A Note on the Length Effect of Futures Hedging," Advances in Investment 

Analysis and Portfolio Management, 7(2000): 131 – 143. (with Yiu Kuen Tse). 

"Mergers in the Electric Utility Industry in a Deregulatory Environment," Journal 

of Regulatory Economics, 17(2000): 69 – 85. (with Karyl Leggio). 

“Derivatives Trading by Utility Firms,” Journal of Economics and Finance, 

24(2000): 1 – 14. (with Karyl Leggio). 

“Hedging Downside Risk under Asymmetric Taxation,” Journal of Futures 

Markets, 20(2000): 361 – 374. (with Michael Metz). 

“Production and Hedging under Knightian Uncertainty," Journal of Futures 

Markets, 20(2000): 397 – 404. 

“Hedging Downside Risk with Futures Contracts,” Applied Financial Economics, 


“Uncertain Tax Rules and Futures Hedging," Managerial and Decision 

Economics, 20(1999): 429 – 436. 

“Comparisons of Admission Rates for Avoidable Hospitalization Conditions: 

Kansas versus Other States,” Kansas Business Review, 23(1999): 19 – 24. (with 

Jiwei Su). 

" Measuring the Efficiency of Search Engines: An Application of Data 

Envelopment Analysis," Applied Economics, 31(1999): 1581 – 1587. (with Yan 

Peng). 

"Futures Hedging and Stochastic Volatility," Advances in Futures and Options 

Research, 10(1999): 253 - 265. 

"Evaluating Hedging Performance of GARCH Strategies," Proceedings of the 

Tenth Annual Asia-Pacific Futures Research Symposium, 59 – 87, February,

1999, Chicago, Illinois: Chicago Board of Trade. ( with Yiu Kuen Tse and Albert 

Tsui). 

"Forecasting the Nikkei Spot Index with Fractional Cointegration," Journal of 

Forecasting, 18(1999): 259 – 273. (with Yiu Kuen Tse). 

"Determinants of Admission Rates for Avoidable Hospitalizationn Conditions in 

Kansas," Kansas Business Review, 22(1999): 17 – 19. (with Jiwei Su). 

"Convergence to Long-Run Equilibrium: The Case of Natural Gas Markets," 

Energy Economics, 21(1999): 95 - 110. (with Thomas Root). 

"Fractional Cointegration and Futures Hedging," Journal of Futures Markets, 


"The Impact of Corruption on Investment: Predictability Matters," World 

Development, 27(1999): 1059 - 1067. (with J. Edgardo Campos and Sanjay 

Pradhan). 

"A Note on Estimating the Minimum Extended Gini Hedge Ratios," Journal of 

Futures Markets, 19(1999): 101-113. (with David Shaffer). 

"The Effects of Covariate Adjustment in Generalized Linear Models," 

Communications in Statistics: Theory and Methods, 27 (1998): 1653-1675. (with 

L.Robinson, J. Dorroh and M. L. Tiku). 

"Hedging Time-Varying Downside Risk," Journal of Futures Markets, 18(1998): 

705- 722. (with Yiu Kuen Tse). 

"Cross Moments of Extreme Observations from a Multivariate Lognormal 

Distribution," Communications in Statistics: Theory and Methods, 27(1998): 601- 

607. (with David Rearden). 

"Improving the Weighting Schemes of Cash Settlement Indices," Review of 

Securities and Futures Markets, 9 (1997): 91-127. (with John Cita). 

"Forecasting with Preliminary Data," Journal of Forecasting, 16(1997): 463-473. 

(with Sucharita Ghosh) 

"Forwards or Options: A Correction," Journal of Futures Markets, 17(1997): 975- 

978. 

"Estimating Cash Settlement Price: The Bootstrap and Other Estimators," Journal 

of Futures Markets, 17(1997): 617-632. (with John Cita). 

"The Effect of the Cointegration Relationship on Futures Hedging: A Note," 

Journal of Futures Markets, 16 (1996): 773-780. 

"A Property of Coefficients of Variation for Ordered Bivariate Log-Normal 

Variables," Communications in Statistics: Theory and Methods, 25 (1996): 1903- 

1916 (with David Rearden). 

"Futures Trading and Fuel Adjustment Clauses," Journal of Regulatory 

Economics, 9 (1996): 157-178 (with Lihong Liu). 

"On a Conventional Definition of Currency Hedge Ratio," Journal of Futures 

Markets, 16 (1996): 219-226. 

"Data Revision and Market Response: The Case of United States Trade Balance 

Announcement," Oxford Bulletin of Economics and Statistics, 57 (1995): 265-275 

(with Sucharita Ghosh).

"Political Instability and Illegal Immigration," Journal of Population Economics, 

8 (1995): 23-33 (with Jose E. Campos). 

"Multiperiod Hedging in the Presence of Conditional Heteroskedasticity," Journal 

of Futures Markets, 14 (1994): 927-955 (with Xiangdong Luo). 

"Estimating Multiperiod Hedge Ratios in Cointegrated Markets," Journal of 

Futures Markets, 13 (1993): 909-920 (with Xiangdong Luo). 

"A Theoretical Comparison of Composite-Index Futures Contracts," Journal of 

Futures Markets, 13 (1993): 821-836 (with Xiangdong Luo). 

"Estimating the Extended Mean-Gini Coefficient for Futures Hedging," Journal 

of Futures Markets, 13 (1993): 665-676 (with Xiangdong Luo). 

"A Note on the Relationship Between Exchange Exposure and Hedge Ratio," 

Financial Management (FM Letters), 22 (1993): 20-21 (with Xiangdong Luo). 

"Asymmetric Information and the Brain Drain," Journal of Population 

Economics, 6 (1993): 169-180. 

"Risk-Return Measures of Hedging Effectiveness: The Case of Multiple Cash and 

Futures Markets," Managerial and Decision Economics, 14 (1993): 71-74. 

"Optimal Hedging and Spreading in Cointegrated Markets," Economics Letters, 

40 (1992): 91-95. 

"On the Information Content of Partial Observations," Communication in 

Statistics: Theory and Methods, 21 (1992): 2869-2880 (with David Rearden). 

"Moments of Order Statistics from a Non-overlapping Mixture Model with 

Applications to Truncated Laplace Distribution," Communication in Statistics: 

Theory and Methods, 21 (1992): 1909-1928 (with N. Balakrishnan and K. 

Balasubramanian). 

"A Note on the Effect of No-Arbitrage Conditions," Journal of Futures Markets, 

12(1992): 587-593 

"A Note on Estimating Regression Coefficients with Missing Data," Econometric 

Review, 11 (1992): 119-122 (with David Rearden). 

"A Note on Constructing Spot Price Indices to Approximate Futures Prices," 

Journal of Futures Markets, 12 (1992): 447-457 (with John Cita). 

"Constructing Accurate Cash Settlement Indices: The Role of Index 

Specifications," Journal of Futures Markets, 12 (1992): 339-360 (with John 

Cita). 

"Application of Mean-Variance Analysis to Broad-Based Futures Contracts," 


"Long Hedgers and Multiple Delivery Specifications on Futures Contracts," 


"On the Information Content of Partial Observations: A Bayesian Approach," The 

Statistician, 40 (1991): 67-72 (with David Rearden). 

"A Remark on Competitive Speculation under Uncertainty," Journal of 

Economics and Business, 42 (1990): 353-356.

"A Remark on 'An Advantage of the Linear Probability Model over Probit or 

Logit'," Oxford Bulletin of Economics and Statistics, 52 (1990): 223-225 (with 

David Rearden). 

"Competition, Regulation, and Bribery: A Further Note," Managerial and 

Decision Economics, 11 (1990): 127-130. 

"Missing Measurements in Discrete Response Models," Economics Letters, 32 

(1990): 321-325 (with David Rearden). 

"Corruption and Allocation Efficiency," Journal of Development Economics, 33 

(1990): 153-164. (Reprinted in: The Economics of Corruption and Illegal Markets 

edited by G. Fiorentini and S. Zamagni, Edward Elgar Publishing, 1999). 

"A Note on Hedging Performance and Portfolio Effects," Journal of Futures 

Markets, 10 (1990): 201-204. 

"Entry-Deterring Contract Specification on Futures Markets," Journal of Futures 

Markets, 10 (1990): 89-95. 

"Sampled Data as a Basis of Cash Settlement Price," Journal of Futures Markets, 

9 (1989): 583-588. 

"Optimal Settlement Specification on Futures Contracts," Journal of Futures 

Markets, 9 (1989): 355-358. 

"Cash Settlement Provisions on Futures Markets," Journal of Futures Markets, 9 

(1989): 263-270. 

"Optimal Hedging and Spreading on Wheat Futures Markets," Journal of Futures 

Markets, 9 (1989): 163-170. 

"Leading Sectors of the Kansas Economy," Kansas Business Review, 12 (1988): 

19-21. (with David Rearden). 

"Kansas Employment Forecast: A Time-Series Approach," Kansas Business 

Review, 11 (1988): 26-28. (with David Rearden). 

"Hedger Response to Multiple Grades of Delivery on Futures Markets," Journal 

of Futures Markets, 8 (1988): 687-702. 

"Appropriate Scientific Research and Brain Drain: A Simple Model," Journal of 

Development Economics, 29 (1988): 77-87. 

Coalitions in Competitive Bribery Games," Mathematical Social Sciences, 15 

(1988): 189-196. 

"Missing Measurements in Limited Dependent Variable Models," Economics 

Letters, 26 (1988): 33-36. (with David Rearden). 

"The Inventory Effect in Commodity Futures Markets: An Empirical Study," 


"Asymmetric Information and Multi-Stage Brain Drain," Economics Letters 23 

(1987): 305-309. 

"A Note on Inducing Cooperation by Reciprocative Strategy," Economics Letters, 

25 (1987): 131-135. 

"Selecting the Best Linear Regression Models: A Classical Approach," Journal of 

Econometrics, 35 (1987): 3-23. (with Quang Vuong). 

"Asymmetric Information in Competitive Bribery Games," Economics Letters 23 

(1987): 153-156. (Reprinted in: The Economics of Corruption and Illegal

Markets, edited by G. Fiorentini and S. Zamagni, Edward Elgar Publishing, 

1999). 

"Political Behavior in Coffee Organization," Economic Development and Cultural 

Change 35 (1987): 629-636. (with Robert Bates). 

"Economic Analysis of Brain Drain," Journal of Development Economics 25 

(1987): 33-43. 

"A Note on Competitive Bribery Games," Economics Letters 22 (1986): 337-341. 

(Reprinted in: The Economics of Corruption and Illegal Markets, edited by G. 

Fiorentini and S. Zamagni, Edward Elgar Publishing, 1999). 

"Asymmetric Arbitrage in Futures Markets: An Empirical Study," Journal of 

Futures Markets, 6 (1986): 575-591. 

"Speculative Commodity Holding," Economics Letters 21 (1986): 315-319. 

"Predicted and Actual Frequencies in Binomial Response Models," Economics 

Letters 20 (1986): 49-51. 

"Moments of Ordered Bivariate Log-Normal Distributions," Economics Letters 

20 (1986): 45-47. 

"Moments of Truncated Bivariate Log-Normal Distributions," Economics Letters 

19 (1985): 243-247. 

"On the Operations of the International Coffee Agreement," International 

Organization 39 (1985): 553- 560. (with Robert Bates). 

"A Note on Bimatrix Games with Unknown Payoff Matrix," Economics Letters 

19 (1985): 129-132. 

"A Note on Taxation, Development, and Representative Government," Politics 

and Society 14 (1985): 53-70. (with Robert Bates). 

Service: Governance/Committees - Advising, Counseling or Other 

Student Activities 


2010 UTSA Chinese Club advisor 

Service: Governance/Committees - Other Service 


2010 - 2010 City of San Antonio Shanghai World 

Expo Delegation Committee 


Journal 


2004 - Present Present Editorial Board, 2004-, International 

Journal of Business 

2010 Guest Editor, 2010, Journal of 

Managerial Psychology, Employee 

Behavior in China 

2010 Associate Editor, 2010-, Emerging 

Markets Trade and Finance

2004 - 2010 2010 Associate Editorial, 2004- 2010, 

International Review of Financial 

Analysis 

2004 - 2010 2010 Associate Editor, 2004-2010, Research 

in International Business and Finance 

2009 Guest Editor, 2009, International 

Review of Economics and Finance, 

Recent Development in China’s 

Financial Markets 

2009 Guest Editor, 2009, Emerging Market 

Finance and Trade, China’s Financial 

Markets 

2008 Guest Editor, 2008, Review of Futures 

Markets, Volume 16, Number 4, 

Special Issue in Derivatives and Risk 

Management 

2008 Editorial Board, 2008-, Review of 

Financial Economics 

2007 Editorial Board, 2007-, Open 

Demography Journal 

2007 Editorial Board, 2007-, International 

Journal of Financial Markets and 

Derivatives 

2007 Editorial Board, 2007-, Problems & 

Perspectives in Management 

2001 - 2007 2007 Editorial Board, 2001-2007, Journal of 

Economics and Finance 


Review of Economics and Finance 


Journal of Business and Economics 


Journal of Applied Economics 

1996 - 2000 2000 Editorial Board, 1996- 2000, Journal of

Futures Markets 

1994 - 2000 2000 Editorial Board, 1994- 2000, Review of 

Securities and Futures Markets, 

published by The Institute of Securities 

and Futures Markets Development, 

Taipei, Taiwan 



2008 Awards Professional and Business Achievement Award, Alamo Asian 

American Chamber of Commerce 

2006 Awards Endowed 1969 Commemorative Award for Overall Faculty 

Excellence, College of Business, University of Texas at San Antonio 

2005 Awards President Distinguished Achievement in Research Award, University 

of Texas at San Antonio 

2003 Awards President Distinguished Achievement in Research Award, University 

of Texas at San Antonio 

2001 Awards Self Graduate Fellowship Mentor Achievement Award, University of 

Kansas 

1999 Awards Excellence in Teaching Award, Center for Teaching Excellence, 

University of Kansas 

1998 Awards Outstanding Mentor Award, Association of Business Doctoral 

Students, University of Kansas 

1996 Awards Kemper Fellowship for Teaching Excellence, University of Kansas 



1999 Honors Big XII fellowship 

Journal Publications - Journal Article - Non-Refereed Journal 

“Confucius Institute Promotes Trade and Foreign Investment,” Confucius 

Institute, September, 2011.

Long Liu 

Address 






Work Phone : 210.458.6169 

Work Fax : 210.458.5837 

Work Email : long.liu@utsa.edu 



2008 Doctor of Philosophy Economics Syracuse University 

2001 Master of Arts Management Renmin University 

Beijing, China 

1998 Bachelor of Arts Economics Renmin University 

Beijing, China 



2008 - Present The University of Texas at Assistant Professor 



Department of Management and Science, University of Texas at San Antonio, 

San Antonio, USA, February 2010 

Department of Economics, Ohio University, Athens, USA, February 2008. 

Department of Economics, University of Texas at San Antonio, San Antonio, 

USA, February 2008. 

Wisconsin Center for Education Research, University of Wisconsin-Madison, 

Madison, USA, February 2008. 

Department of Economics, Ryerson University, Toronto, Canada, January 2008. 

Department of Economics, Syracuse University, Syracuse, USA, December 2007. 



81th Southern Economic Association meetings, Washington, DC, November, 

2011 (accepted) 

17th International Conference on Panel Data, McGill University- Business 

School, Montreal, Canada, July 2011 

Far East and South Asia Meeting of the Econometric Society, University of 

Tokyo, Tokyo, Japan, August 2009 (presenter and session chair).

15th International Conference on Panel Data, University of Bonn, Hausdorff 

Center of Mathematics, IZA, Bonn, Germany, July 2009. 



79th Southern Economic Association meetings, San Antonio, Texas, November, 

2009 

North American Summer Meeting (NASM) of the Econometric Society, Boston 

University, Boston, USA, June 2009. 


Estimating Multiple-Input Multiple-Output Production Functions with an 

Analysis of Credit Unions, with Jan Ondrich and John Ruggiero, Applied 

Economics, 44, 12, April 2012, 1583-1589. 

An Improved Generalized Moments Estimator for a Spatial Moving Average 

Error Model, with Badi H. Baltagi, Economics Letters, 113, 3, November 2011, 

282-284. 

Instrument Variable Estimation of a Spatial Autoregressive Panel Model with 

Random Effects, with Badi H. Baltagi. Economics Letters. Volume 111, Issue 2, 

May 2011, 135-137. 

Prediction in the Random Effects Model with MA(q) Remainder Disturbances, 

with Badi H. Baltagi, forthcoming in Journal of Forecasting. 

"Estimating and Testing in Panel Data Models in the Presence of Autoregressive 

Error," with Chihwa Kao and Jamie Emerson. Submitted to Econometric Journal. 

"The Estimation and Testing of a Linear Regression with Near Unit Root in the 

Spatial Autoregressive Error Term," with Badi H. Baltagi, Chihwa Kao, 

submitted to Spatial Economic Analysis. 

"Do Minority and Woman Entrepreneurs Face Discrimination in Credit Markets? 

Improved Estimates Using Matching Methods," with Yue Hu, Jan Ondrich and 

John Yinger. 

"Testing for Shifts in Panel Data Models in the Presence of Autoregressive 

Error," with Chihwa Kao and Jamie Emerson. 

Estimation and Prediction in the Random Effects Model with AR(p) Remainder 

Disturbances, with Badi H. Baltagi. submitted to International Journal of 

Forecasting. 

"Random Effects, Fixed Effects and Hausman’s Test for the Generalized Spatial 

Panel Data Regression Model," with Badi H. Baltagi. submitted to Econometric 

Reviews. 

"Testing For Spatial Lag and Spatial Error Dependence Using Double Length 

Artificial Regressions," with Badi H. Baltagi. submitted to Statistics and 

Probability Letters. 

Spurious Spatial Regression with Equal Weights, with Badi H. Baltagi. Statistics 

and Probability Letters, Volume 80, Issues 21-22, 1 November 2010, 1640-1642

"A Partially Linear Kernel Estimator for Categorical Data," with Jeffery Racine, 

submitted to Handbook of Econometrics. 

On the Estimation and Testing with Weak Instruments in Panel Data, with 

Chihwa Kao 

Spatial Lag Test with Equal Weights, with Badi H. Baltagi, Economics Letters, 

vol. 104(2), Pages 81-82, August 2009. 

On Hourly Wages and Weekly Earnings in the Current Population Survey Data, 

Economics Letters, Volume 105, Issue 1, October 2009, 113-116. 

A Note on the Application of EC2SLS and EC3SLS Estimators in Panel Data 

Models, with Badi H. Baltagi. Statistics and Probability Letters, Volume 79, 

Issue 20, October 2009, 2189-2192. 

Testing For Random Effects and Spatial Lag Dependence, with Badi H. Baltagi, 

Statistics and Probability Letters, vol. 78(18), pages 3304-3306, December 2008. 

Asymptotic properties of estimators for the linear panel regression model with 

random individual effects and serially correlated errors: the case of stationary and 

non-stationary regressors and residuals, with Badi H. Baltagi, Chihwa Kao. 

Econometric Journal, Royal Economic Society, vol. 11(3), pages 554-572, 


Alternative Ways of Obtaining Hausman's Test Using Artificial Regressions, with 

Badi H. Baltagi, Statistics and Probability Letters, 77(13), 1413-1417, July 2007. 


Applied Econometrics (ECO 6973) 

Introductory Microeconomics (ECO 2023) 

Introduction to Econometrics and Business Forecasting (ECO 3123) 

Econometrics (ECO 7063) 


Panel data, Spatial Regression, and Nonparametric Regression 



2009 - 2011 Economics Doctoral committee 




2010 Serve as a committee member of Kerry 

Ann McTier, Department of Acounting 

2010 Serve as a committee member of April 

Poe, Department of Accounting 

2010 Serve as a committee member of Kelly

Noe, Department of Accounting. 

2009 Serve as a committee member of Linxiao 

Liu, Department of Acounting

Melody Lo 

Address 






BB 4.03.22 


Work Phone : (210)458-4910 

Work Fax : (210)458-5837 

Work Email : melody.lo@utsa.edu 

Website : http://business.utsa.edu/faculty.mlo 



2001 Doctor of Philosophy Economics Purdue Univ Main 

Campus 

1998 Master of Arts Economics Purdue Univ Main 

Campus 

1996 Baccalaureate Degree Economics National Tsing-Hua 

University, Hsing-Chu, 

Taiwan 



08/2008 University of Texas at San 




08/2006 - 

08/2008 





08/2001 - 

05/2006 

University of Southern 

Mississippi 



08/1997 - 

12/2000 

Purdue University, West 

Lafayette, Indiana 

Instructor, 

Teaching Assistant, 

and Research 

Assistant 


Graduate course: Financial Economics 

Undergraduate course: Macroeconomics 


Field of Research Interests: Financial Economics, International Finance/Monetary, 

Political Economy, and Applied Econometrics

Expertise: Monetary Policy, Central Banking, Exchange Rate Policies, Trading Behavior 

in Currency Markets, (Firms' Choices on) Capital Structure, and Empirical Implications 

of Theoretical Models (EITM) 

Book or Segment of Book - Book - Reference Work 

Jim Granato, Melody Lo, and M.C. Sunny Wong “The Empirical 

Implications of Theoretical Models: Unifying Formal and Empirical 

Analysis in the Political, Social, and Economic Science (In Progress), 

Under Contract with Cambridge University Press, New York. 

Forthcoming 2011. 


Melody Lo. (2006). “Market Efficiency Hypothesis”, in Cheng-Few Lee, 

and Alice C. Lee (eds.), Encyclopedia of Finance, New York: Springer: 

585-590. 

Melody Lo. (2006). “The Microstructure/Micro-Finance Approach to 

Exchange Rates”, in Cheng-Few Lee, and Alice C. Lee (eds.), Encyclopedia 

of Finance, New York: Springer: 591-595. 

Melody Lo, and M.C. Sunny Wong. (2005) “Ranking Institutions Based on 

Economic Education Scholarship”, in Franklin G. Mixon, Jr. (ed.), 

Shaping the Learning Curve: Essays on Economic Education, BookSurge 

Publishing: 125-133. 


Jim Granato, Melody Lo, and M.C. Sunny Wong. (2010) “Not Even 

Wrong: Using the Empirical Implications of Theoretical Models to 

Maximize Falsification” Política y Gobierno, Volume XVII (1): 25-57 

Jim Granato, Melody Lo, and M.C. Sunny Wong. (2010) “A Framework for Unifying 

Formal and Empirical Analysis”, American Journal of Political Science(AJPS), 54(3): 

783-797 (Note: AJPS is the top A journal in the field of Political 

Science: http://socialsciences.ku.dk/research/journal_rankings/politicalscience/ 

http://sciencewatch.com/dr/sci/09/mar29-09_1/) 

Yong Bao, Melody Lo, and Franklin G. Mixon, Jr. (2010) “General-Interest 

versus Specialty Journals: Using Intellectual Influence of Econometrics 

Research to Rank Economics Journals and Articles” Journal of Applied 

Econometrics, 25(2): 345-353 

Jim Granato, Melody Lo, and M.C. Sunny Wong. (2010) “Modeling and Testing 

the Diffusion of Expectations: An EITM Approach”, Electoral Studies, Available 

online 22 November 2010 (http://dx.doi.org/10.1016/j.electstud.2010.11.003), 

Article scheduled to be in print 2011. 

Melody Lo, and Jim Granato. (2008) “What Explains Recent Changes in 

International Monetary Policy Attitudes towardInflation? Evidence from 

Developed Countries”, Economics Letters, 100: 411-414.

Melody Lo, M.C. Sunny Wong, and Franklin G. Mixon, Jr. (2008) 

“Ranking Economics Journals, Economics Department, and Economists 

Using Teaching-Focused Research Productivity”, Southern Economic 

Journal, 74(3): 894-906 

Yong Bao, Fathali Firoozi, and Melody Lo. (2008) "A Monte Carlo Power 

Comparison of the Classical and One-Sided Procedures for Testing Linear 

Inequalities” Journal of Quantitative Economics, 6 (1&2): 233-239 

Melody Lo, Charles Sawyer, and Richard Sprinkle. (2007) “The Link between Economic 

Development and the Income Elasticity of Import Demand”, Journal of Policy Modeling, 

29(1): 133-140. 

Jim Granato, Melody Lo, and M.C. Sunny Wong. (2007) “A Note on 

Romer’s Openness-Inflation Relation: The Responsiveness of AS and AD 

to Economic Openness and Monetary Policy”, Applied Economics, 39(2): 

191-197. 

John A. Carlson, and Melody Lo. (2006) “One Minute in the Life of the 

DM/$: Public Information in an Electronic Market”, Journal of 

International Money and Finance, 25(7): 1090-1102. 

Melody Lo, and Cheng-Few Lee. (2006) “A Reexamination of Market 

Efficiency Hypothesis: Evidences from an Electronic Intra-day, Interdealer 

FX Market”, Quarterly Review of Economics and Finance, 46(4): 

565-585. 

Melody Lo, and M.C. Sunny Wong. (2006) “What Explains the Deviations 

of Purchasing Power Parity across Countries? International Evidence from 

Macro Data”, Economics Letters, 91(2): 229-235. 

Jim Granato, Melody Lo, and M.C. Sunny Wong. (2006) “Testing 

Monetary Policy Intentions in Open Economies”, Southern Economic 

Journal, 72: 730-746. 

John A. Carlson, and Melody Lo. (2004) “Selective Asymmetric 

Intervention and Sterilization”, Applied Financial Economics, 14: 823- 

833. 

Melody Lo, and Chang-Tseh Hsieh. (2003) “Mining the FX Electronic 

Inter-Dealer Market”, Journal of International Technology and 

Information Management, 12(1): 61-76. 

Melody Lo. (2002) “Impacts of Intervention Incorporates with Interest 

Rate Policy on Taiwan's Economy in e- Commerce Environment”, Review 

of Pacific Basin Financial Markets and Policies, 5(4): 453-469. 

Presentations - Presentation – Professional or Non-Academic - 

Presentation - Professional or Non-Academic 

The Central Bank of China/Taiwan, Taipei, Taiwan, “What Explains 

Recent Changes in Monetary Policy Attitudes toward Inflation? Evidence 

from Developed Countries” 

The Central Bank of China/Taiwan, Taipei, Taiwan, “Assessing Exchange 

Rate Pass-Through: A New Empirical Approach”



Joint 14th Annual Pacific Basin Finance, Economics, Accounting (PBFEA) Conference, 

Taipei, Taiwan “What Explains Recent Changes in Monetary Policy Attitudes toward 

Inflation? Evidence from Developed Countries” 

Western Economic Association International & Hong Kong Economic Association Pacific 

Rim Conference, Hong Kong, “Identifying the Role of Exchange Rate in Stabilizing Open 

Economies: A Structured Econometric Analysis within the Classical Monetary 

Framework” 



International Political Economy Society (IPES) 1st Annual Conference, Princeton 

University, Princeton, NJ “The Role of Policymakers in Open Economies: Stylized 

International Patterns” 

Midwest Economics Association 68th Annual Meeting, Chicago, IL “Identifying the Role 

of Exchange Rate in Stabilizing Open Economies: A Structured Econometric Analysis 

within the Classical Monetary Framework” 

Association for Chinese Management Educators (ACME) Annual Meeting, Seattle, WA 

“Economic Openness to Long-Run Price Behavior: QTM and PPP Effects“ 

Midwest Economics Association 67th Annual Meeting, St. Louis, MO “QTM and PPP 

Effect on Long-run Price Behavior: The Importance of Economic Openness” 

The Southwest Decision Science Institute 34th Annual Conference, Houston, TX 

“Optimal Intervention Policy: An Asymmetric Pattern“ 

The Southwest Decision Science Institute 34th Annual Conference, Houston, TX 

“Asymmetrical Sterilized Intervention Pattern: Price Stability Matters?“ 


John A. Carlson, and Melody Lo. (2001) “Selective Asymmetric 

Interventions”, Purdue Center for International Business Education and 

Research Working Papers, No. 2000-008. 


Melody Lo. (2003) “Asymmetrical Sterilized Intervention Pattern: Price 

Stability Matters?” Proceedings Southwest Decision Science Institute 34th 

Annual Conference in Houston, 186-191. 

Melody Lo. (2003) “Optimal Intervention Policy: An Asymmetric Pattern”, 

Proceedings Southwest Decision Science Institute 34th Annual 

Conference in Houston, 109-114. 

Melody Lo, and M.C. Sunny Wong. (2003) “Economic Openness to Long- 

Run Price Behavior: QTM and PPP Effects”, ACME 2003 Program and 

Proceedings, 335-338. 

Melody Lo, and Chang-Tseh Hsieh. (2003) “Mining the FX Electronic 

Inter-Dealer Market”, ACME 2003 Program and Proceedings, 721.

Service: Professional, Editorial, Community - Service – Editorial 

Review board or Ad Hoc Reviewer 


2001 - Present Ad Hoc Reviewer 

for Journals - 

Present 

American Economic Review, Journal of 

Money, Credit, and Banking, Southern 

Economic Journal, Review of Quantitative 

Finance and Accounting, Advances in 

Quantitative Analysis of Finance and 

Accounting, Advances in Investment 

Analysis and Portfolio Management, 

Bulletin of Economic Research, Journal of 

International Financial Markets, 

Institutions & Money, Journal of 

International Technology and Information 

Management, Review of Pacific Basin 

Financial Markets and Policies 



2010 Awards University of Texas at San Antonio, Collage of Business, Summer Research Grant 

2009 Awards University of Texas at San Antonio, Collage of Business, Summer Research 

Grant 


Grant 


Grant 

2003 Awards University of Southern Mississippi Summer Faculty Research Grant, 

Summer 2003 (2 proposals were awarded in the College of Business.) 

2003 Awards University of Southern Mississippi 2003-04 Title III-A Technology Faculty 

Mentor program 

03/2003 Awards McGraw-Hill/Irwin Distinguished Paper Award of 2003: “Optimal 

Intervention Policy: An Asymmetric Pattern” is awarded as the Best paper in 

Southwest Decision Science Institute 34th Annual Conference in Houston, 

TX 

2002 Awards University of Southern Mississippi Summer Faculty Research Grant 

1999 - 2000 Awards Krannert School of Management Dissertation Fellowship, Purdue University 



2001 Honors Krannert Graduate School of Management Outstanding Graduate Student 

Instructor, Purdue University 

2000 Honors Krannert Graduate School of Management Outstanding Graduate Student 


1999 Honors Krannert Graduate School of Management, Outstanding Graduate Student 


1999 Honors Economics Policy Committee Excellence in Teaching Award, Purdue 



08/2006 - 

Present 


Other At University of Texas at San Antonio: Graduate course - 

Financial Economics; Undergraduate courses - Principles of

Macroeconomics (including Honors) 

08/2001 - 

05/2006 

Other At University of Southern Mississippi: Graduate courses - 

International Trade and Finance, and Managerial Economics for 

MBA; Undergraduate courses - Principles of Microeconomics, 

and Principles of Macroeconomics 

08/1997 - 

12/2000 

Other 

At Purdue University: Instructor - Introductory 

Macroeconomics, and Principles of Economics; Teaching 

Assistant - Quantitative Economics I(for Ph.D.), 

Macroeconomics (for MBA), and Econometrics 


John A. Carlson, Professor Emeritus, Department of Economics, Krannert School of 

Business, Purdue University, Tel: +1-765-494-4450, Email: carlson@purdue.edu 

Jim Granato, Director of Hobby Center for Public Policy and Professor of Political 

Science, University of Houston, Tel: +1-713-743-3887, Email: jgranato@central.uh.edu 

Jen Tang, Professor of Management, Krannert School of Business, Purdue University, 

Tel: +1-765-494-4497, Email: jtang@krannert.purdue.edu 

Donald Da-Hsiang Lien, Assistant Vice President for East Asia Initiative, Director 

for East Asia Institute, Richard S. Liu Distinguished Chair in Business, Professor of 

Economics and Finance, University of Texas at San Antonio, Tel: +1-210-458-7312, 

Email: don.lien@utsa.edu

Address 


College of BUSINESS BB 04.02.14 





Work Phone : 210-458-5046 

Work Fax : 210-458-5837 

Work Email : edmund.luquette@utsa.edu 


Edmund LuQuette III 


2007 Master of Science Management of University of TX San 

Technology Antonio 



2002 Bachelor of Business Administration Marketing Lamar University- 

Beaumont 



UTSA 

Lecturer I 

06/2006 - 

Present 


Currently Constructing a Survey Textbook for Non-Business Core 

Other Publications - Course Materials - Cases Written w/Instructional 

Materials 

Presentations - Presentation – Non-Conference - Presentation - Outside 

Faculty Workshops 

Products and Patents - Professional Product - Video for the Academic 

Discipline


Building Electronic Class to help meet the scheduling needs of students and help 

facilitate the learning process. 

The course is coordinated through a lecture series carefully designed to 

incorporate different learning styles including verbal, visual, nonverbal, 

auditory, and kinesthetic. Course content is managed electronically (with 

hardcopy backup) using a computerize black-board learning system. While 

the course standardized by catalogue, course level and textbook, the course 

differentiates by customizing: exam, assignments, and lectures based on 

previous semester students feedback. Current assessment includes: 6 

quizzes, 3 test, 1 writing assignment, and 1 final. 

Quantitative methods are used to ensure a well-rounded successful future 

contributing aluminous. The course uses simple statistical 

methods: visualization, classification, and summarization. The course uses 

simple business methods: decision analysis and optimization from a 

marketing perspective. The course uses mathematical techniques: algebra, 

differential geometry, and trigonometry (identities, ratios, and equations) to 

analyze models. Students also use basic calculus (derivative; partial 

derivatives) to understand the marginal relationships. 


Currently Completing a PhD in Applied Demography at UTSA 

with focus on Immigration Reform between NAFTA countries 



2009 Other Fall 2008 

Intro-Political Economy 

10885 ECO 2003 001 5.10 


10876 ECO 2003 002 6.00 


10877 ECO 2003 004 4.80 


15586 ECO 2003 005 6.00 

Total: Course-Related Activity 21.90 

2009 Other Economic Principles and Issues 20251 MW 0800-0915 4.50 

Economic Principles and Issues 21127 MW 0930-1045 6.00 

Economic Principles and Issues 20593 TR 0800-0915 4.80

2008 Other 

Introductory Microeconomics 20420 TR 1100-1215 6.00 



Economic Principles and Issues 10816 TR 0800-0915 5.40 

Introductory Microeconomics 12819 TR 0930-1045 6.00 Intro- 

Microeconomics 30234 MTWRF 0915-1045 3.00 Intro-Political 

Economy 31876 MTWRF 1100-1230 3.00 Intro- 

Macroeconomics 30026 MTWRF 1430-1600 3.00 Intro-Political 

Economy 30745 MTWR 1800-1955 5.00 Economic Theory & 

Policy 33031 MTWR 1800-1955 5.00 Intro-Political Economy 

10859 MW 0800-0915 4.50 Intro-Political Economy 10850 MW 

0930-1045 6.00 Introductory Microeconomics 10052 TR 0800- 

0915 5.40 Introductory Microeconomics 12973 TR 0930-1045 

6.00 Intro-Political Economy 30283 MTWRF 1100-1230 4.50 

Intro-Political Economy 32151 MTWRF 1100-1230 4.50 Intro- 

Macroeconomics 30026 MTWRF 1430-1600 3.00 Economic 

Theory & Policy 30551 MW 1800-1950 4.50 

Spring 2009 


20462 ECO 2003 001 4.20 


21496 ECO 2003 002 5.70 

Introductory Microeconomics 

20663 ECO 2023 004 5.10 

Introductory Microeconomics 

23093 ECO 2023 005 3.00 

Total: Course-Related Activity 18.00 

2006 - Present Other Edmund Luquette 

Full Time Benefits Eligible 

Since Summer 2006 

100%+ Time 


08/2008 - 

Present 


PROFESSIONAL CLASS, 

TRAINING MODULE, AND 

WORKSHOP EXPERIENCE: 

7013 Basic Demographic Methods 

of Analysis 

Prerequisite: SOC 5143 or consent 

of instructor. 

Examines basic materials and 

methods used in demography, 

including methods for measuring 

levels and 

rates of population change,

fertility, mortality, migration (both 

domestic and international), 

distribution, 

and composition. Emphasis on 

cohort and period patterns of 

change, methods of 

standardization, and life 

table methods.10 

7023 Advanced Methods of 

Applied Demographic Analysis 

Prerequisites: DEM 7013 and SOC 

5143, or consent of instructor. 

Examines use of advanced 

demographic and statistical 

methods of analysis of population 

and sample 

data, including simulating, 

adjusting, and smoothing; 

advanced survival analysis, 

methods of rate 

decomposition and 

standardization, population 

estimation, population projections 

and evaluations of 

each. Considers applications of 

demographic techniques in 

marketing, management and 

impact analyses 

in business and government.11 

7033 Mortality Prerequisite: SOC 

5143 or consent of instructor. 

Theoretical and demographic 

empirical analysis of current and 

historical issues concerning 

epidemiological/health transition, 

demographic and socioeconomic 

differentials in health and 

mortality, 

infant and child mortality, status of 

women and health, environment 

and health, demographic change 

and 

nutrition, health care systems, and 

health planning policies in the 

United States and in other 

developed

and developing countries. 

Explores advanced sources of 

demographic data, measures, and 

methods 

of analyses used to analyze the 

levels and changes in these 

processes used in applied 

demographic 

settings. (Formerly titled “Fertility 

and Mortality.”)12 

7063 Applied Demography in 

Policy Settings 

Prerequisites: DEM 7013, DEM 

7023 and S 


QEP Development Presentation

Saeid Mahdavi 

Address 






BB 4.02.58 


Work Phone : (210)458-5301 

Work Fax : (210)458-5837 

Work Email : smahdavi@utsa.edu 



1985 Doctor of Philosophy Economics Univ Calif-Santa 

Barbara 

1980 Master of Arts Economics Univ Calif-Santa 

Barbara 



08/1992 - 

Present 





08/1986 - 

07/1992 





08/1984 - 

07/1986 







Macroeconomics and Economic Development 


Economic issues of developing countries and government finances 

Book or Segment of Book - Book - Other, mixture of above 

"Terms of Trade and Development." In Magill's Survey of Social Science: 

Economics, Salem Press, Fall 1991. 

"External Debt of the United States." In Magill's Survey of Social Science: 

Economics, Salem Press, Fall 1991. 

Book or Segment of Book - Book - Textbooks

"Foundations of Macroeconomics: Study Guide Included." Second Edition (coauthor), 

CAT Publishing, 2010. 


22. “A Linear Model Test of Sufficiency for Non-orthogonality of Matrices.” 

Advances and Applications in Statistics, Vol. 22, No 2, June 2011, pp. 119-127 

(co-authored). 

21. “Fiscal Stringency and Fiscal Sustainability: Panel Evidence from the 

American State and Local Governments.” Journal of Policy 

Modeling, Vol.33, No.6 (2011) pp. 953-969 (co-authored). 

20. “The Tax-Spending Nexus: Evidence from a Panel of US State-Local 

Governments.” Economic Modelling, Vol. 28, Issue 3, May 2011, pp. 885-890 

(co-authored). 

19. "A Re-examination of Wagner's Law Based on Disaggregated U.S. State- 

Local Government Expenditure." Journal of Economic Studies, Vol. 38, Issue 4, 

September 2011, pp.398-413. 

“Public Expenditures and the Unemployment Rate in the American States: Panel 

Evidence,” (co-authored). Applied Economics (resubmitted). 

18. “The Level and Composition of Tax Revenue in Developing Countries: 

Evidence from Unbalanced Panel Data.” International Review of Economics and 

Finance, Vol. 17, Issue 4, October 2008, pp. 607-617. 

17. “Shifts in the Composition of Government Spending in Response to External 

Debt Burden.” World Development, Vol. 32, No. 7, July 2004, pp. 1139-1157. 

16. “The Response of U.S. Export Prices to Changes in the Dollar’s Effective 

Exchange Rate: Further Evidence from Industry Level Data.” Applied Economics, 

Vol.34, No. 17, November 2002, pp. 2115-2125. 

15. “Do German, Japanese, and U.S. Export Prices Asymmetrically Respond to 

Exchange Rate Changes? Evidence from Aggregate Data.” Contemporary 

Economic Policy, Vol. 18, No. 1, January 2000, pp.70-81. 

14. "Gold and Commodity Prices as Leading Indicators of Inflation: Tests of 

Long-term Relationship and Predictive Performance," (with Su Zhou). Journal of 

Economics and Business, Vol. 49, No. 5, September/October 1997, pp. 475-89. 

13. "Simple vs. Generalized Interest Rate and Purchasing Power Parity Models of 

Exchange Rates," (with Su Zhou). The Quarterly Review of Economics and 

Finance, Vol. 36, No. 2, Summer 1996, pp. 197-218. 

12. "Some Empirical Evidence on the Temporal Relationships between Foreign 

Inflows and Aggregate Spending Categories in the United States." Journal of 

Post Keynesian Economics, Vol. 18, No. 1, Fall 1995, pp. 125-139. 

11. "Purchasing Power Parity in High-Inflation Countries: Further Evidence," 

(with S. Zhou). Journal of Macroeconomics, Vol. 16, Summer 1994, pp. 403-22. 

10. "Cointegration and Error-Correction Models: The Temporal Causality 

Between Investment and Corporate Cash Flow," (with S. Kholdy and A. 

Sohrabian). Journal of Post Keynesian Economics, Vol. 16, No. 3, Spring 1994, 

pp. 479-499.

9. "The Exchange Value of the Dollar and the U.S. Trade Balance: An Empirical 

Investigation Based on Cointegration and Granger Causality Tests," (with A. 

Sohrabian). The Quarterly Review of Economics and Finance, Vol. 33, No. 4, 

Fall 1993, pp. 343-358. 

8. "The Cash Flow-Investment Linkage Revisited: Evidence From Aggregate 

Data and Multivariate Granger Causality Tests," (with S. Kholdy and A. 

Sohrabian). The Quarterly Review of Economics and Business, Vol. 33, No. 2, 

Summer 1993, pp. 155-69. 

7. "U.S. Net International Investment ("Debt") Position: A Review of Some Major 

Issues." The Review of Business, Vol.14, No.2, Spring 1993, pp. 33-40. 

6. "The Link Between the Rate of Growth of Stock Prices and the Rate of Growth 

of GNP in the United States: A Granger Causality Test," (with A. Sohrabian). The 

American Economist, Vol. XXXV, No.2, Fall 1991, pp. 41-48. 

5. "On the Effectiveness of Foreign Resource Inflows in Developing Countries." 

Journal of Business and Economic Perspectives, Vol. XVI, No. 2, 1990, pp. 64- 

68. 

4. "A Simultaneous-Equations Model of Cross-National Differentials in Fertility 

and Female Labor-Force Participation Rates." Journal of Economic Studies, Vol. 

17, No. 2, 1990, pp. 32-49. 

3. "The Effects of Foreign Resource Inflows on Composition of Aggregate 

Expenditure in Developing Countries: A Seemingly Unrelated Model." Kyklos, 

Vol. 43, 1990, pp. 111-37. 

2. "Intertemporal and Intercountry Comparisons of Size Distribution of Post-Tax 

Income in a Sample of Developed Countries." Business and Economic Review, 

Vol. 3, No. 1, 1989, pp. 157-66. 

1. "The Effects of External Trade, Foreign Resources and Domestic Policies on 

Savings in Some Developing Countries: A Regression Analysis." De Economist , 

Vol. 137, No. 2, 1989, pp. 217-31. 



Western Economic Association International (1991, 1998, 2000, 2001, 2003, and 

2006). 



Southern Economic Association (1993, 1994, and 1995) 

Eastern Finance Association (1992). 

National Social Science Association (1987).



Southwestern Social Science Association (1987, 1988, 1991, and 1993). 

Southwestern Federation of Administrative Disciplines, SWFAD (1988). 


"Fiscal Stringency and Fiscal Sustainability in the American States: Panel 

Evidence," (co-authored). Working Paper Series (WP # 0016ECO- 

SAEIDMAHDAVI-2010), College of Business, UTSA. 

"A Re-examination of Wagner’s Law Based on Disaggregated U.S. State-Local 

Government Expenditure," Working Paper Series (WP # 0101ECO-090-2009), 

College of Business, UTSA. 

"The Tax Spending Nexus: Evidence from a Panel of US State-Local 

Governments," (co-authored). Working Paper Series (Wp# 0045ECO-090-2008), 

College of Business, UTSA. 


"A Multivariate Regression Analysis of Household Income Share Ratios: 

Evidence from Cross-National Data." Social Science Perspective Journal, Vol. 2, 

No. 1, 1987, pp. 85- 104. 



2002 - Present Member College of Business The University Faculty Grievance 

Committee 



2008 - 

Present 

Secretary/Parliamentarian Department of 


2003 - 

Present 

Faculty Library Liaison Department of 


2002 - 

Present 

Member 



Candidacy and Program Study 

Committee 

2010 - 2010 Chair Department of 


DFRAC, third-year review 


Journals 


9999 Reviewer Journal of Macroeconomics 

9999 Reviewer Journal of Comparative Economics 

9999 Reviewer World Development

9999 Reviewer Economic Modelling 

9999 Reviewer The American Economist 

9999 Reviewer Journal of Economic Studies 

2010 Reviewer Journal of Economic Studies 

2010 Reviewer Journal of Business and Economics 

2009 Reviewer Journal of International Economics and 

Economic Policy 




9999 Member Western Economic 

Association International 



1996 - 1997 Awards UTSA College of Business Advisory Council Research Award. 

1992 - 1993 Awards UTSA College of Business Advisory Council Research Award. 

1989 - 1990 Awards UTSA College of Business Advisory Council Research Award.

John Merrifield 

Address 


College of COB 



FS 4.518 


Work Phone : (210)458-2519 

Work Fax : (210)458-2515 

Work Email : john.merrifield@utsa.edu 

Website : http://faculty.business.utsa.edu/jmerrifi/ 



1984 Doctor of Philosophy Economics University of Wyoming 

1979 Master of Arts Geography Univ Ill Urbana Campus 



University of Texas - San Professor Department of Economics 


08/2001 - 

Present 

08/1991 - University of Texas - San Associate Professor Department of Economics, 

2001 Antonio. 

07/1987 - University of Texas - San Assistant Professor Department of Economics 

08/1991 Antonio 

08/1984 - 

05/1987 

University of Hawaii - Hilo Assistant Professor Division of Business 

Administration and Economics 

1980 - 1984 University of Wyoming Research Associate Institute for Policy Research 

II 

1979 - 1980 Illinois Bureau of the Budget Planning Analyst, 

Energy 

01/1978 - 

08/1979 

University of Illinois at 

Urbana 

Teaching and 

Research Assistant 

Geography Department, 


Economics of Education (K-12) 

Natural Resource and Environmental Economics 

Urban-Regional Economics 

Price Theory 

Economics of Public and Social Issues 

Public Finance 

Public Choice



2009 - 2011 Courses Taught 

Basic Economic Tools and Policy Issues (E-textbook 

Available through Omnibus Modern Education, LLC, 2009). 

It includes innovative approaches and online homework. 

Basic Economic Tools and Policy Issues (E-textbook Available 

through my Hybrid Course in Spring, 2011). 

Hybrid means that it is 50% face-to-face; 50% online through 

blackboard. 

Pedagogy - Development of New Pedagogies 


Development of 

New Pedagogies 

08/2010 - 

Present 

Quite a bit of the fall semester was devoted to converting my 

ECO 3253 course to a 'Hybrid' format; meaning 50% face-toface, 

and 50% online via Blackboard. 

I even prepared some online materials for ECO 3013; a Fall, 

2010 course. 

I hope to do all of my courses, except ECO 3013, as Hybrid 

courses. 


Economics of Education (K-12) 


Natural Resource and 

Urban-Regional Economics Public 

Finance 

Public Choice 

More detail: Economics of K-12 School System Reform and School 

Choice Options. 

Transitions 

Water Resources, especially Benefit-Cost Analysis and Policy 

Endangered Species 

Innovative Air Quality Policies

Book or Segment of Book - Book - Monograph 

“An Evaluation of the CEO Horizon, 1998-2008, Edgewood 

Tuition Voucher Program,” (2009). Searle Freedom Trust and 

CEO Foundation (with Gray). 

“Dismal Science: The Shortcomings of U.S. School Choice 

Research and How to Address Them,” Cato Institute Policy 

Analysis Monograph #616 (April, 2008). 

Home Schooling: From the Extreme to the Mainstream, 2nd 

Edition, Fraser Institute Studies in Education Policy. November 

2006 (with Basham and Hepburn). 

“School Choice in Sweden: Lessons for Canada,” Fraser Institute 

Studies in Education 

Policy. November 2006 (with Hepburn). 

“Why Canadian Education Isn‟t Improving,” Fraser Institute Studies 

in Education Policy. September, 2006 (with Hepburn and Dare). 

“School Choice Fallacies in the U.S.”, Paper #8, Institute of 

Economic Affairs Web Series (London, UK: IEA, 

2003). http://www.iea.org.uk/record.jsp?type=article&ID=65 

"A Market-Based Partnership Approach to Species 

Protection;" 1996 Texas Public Policy Foundation monograph 

endorsed by public officials and newspaper editors.

“The Edwards Aquifer: An Economic Perspective,” a 1993 

Texas Water Resources 

Institute Technical Report (TR-159: 4 co-authors). 

Book or Segment of Book - Book - Non-Fiction 

Parental Choice as an Education Reform Catalyst: Global 

Lessons (Wellington, NZ: Business Roundtable, 2005). 

School Choices (Oakland, CA: Independent Institute, 2002). 

The School Choice Wars (Lanham, MD: Scarecrow Education 

Press, 2001). 


Basic Economic Tools and Policy Issues (E-textbook Available 

through Omnibus Modern Education, LLC, 2009). 


“Continuous Improvement and Cost Minimization in K-12 

Education,” in the School Finance Redesign Project, Dr. Jacob 

Adams, Jr., Director/Founder (2009). 

“Discipline is the Key to Milton Friedman‟s Education Reform Gold 

Standard,” in Robert Enlow and Lenore Ealy (eds). Choice in 

Education: A Symposium on the Progress and Prospects of Milton 

Friedman’s Voucher Idea (Indianapolis: Friedman Foundation, 

2006). 

“Choice as an Education Reform Catalyst and Lessons from Chile, 

Cleveland, Edgewood, Florida, New Zealand, Milwaukee, and Sweden,” 

in: David Salisbury and James Tooley (eds). What America Can Learn 

from School Choice in Other Countries. (Washington, DC: Cato Institute, 

2005): 175-219.

“School Choice Fallacies” and “School Finance that Puts Children 

First,” in Chris Patterson (ed.), Putting the Sides Together: School 

Choice in Texas? (San Antonio: Texas Public Policy Foundation, 

2003/2004). 

"The Impact of Selected Abatement Strategies on Transnational 

Pollution, The Terms of Trade, and Factor Rewards: A General 

Equilibrium Approach,” republished in Judith Dean (ed), 

International Trade and the Environment (London, UK: Ashgate 

Publishing, 2001) AND republished (A.A. Batabyal and H. Beladi, 

editors) in The Economics of International Trade and the 

Environment (London, UK: CRC Press, Inc., 2001). 

"Quasi-Experimental Methods for Analyzing Regional 

Economic and Spatial Change: An Application to an Energy 

Boomtown," Chapter 18 in Regional Development Processes and 

Policies, editors: W.H. Berentsen, D.R. Danta, and E. Daroczi, 

Centre for Regional Studies, 1989 (With A.M. Isserman). 

"The Federal Interest in Flexible Interstate Water Allocations in 

the Southwest," in 

Water and the Future of the Southwest, Z. Smith (ed), Univ of 

New Mexico, 1989. 

"Economic Impacts of the Electricity Industry in West 

Virginia," Chapter 6 in Power from the Appalachians, F. 

Calzonetti (ed.), Greenwood Press, 1988 (3 co-authors). 


SUBMITTED MANUSCRIPTS (2010): “An Education Freedom Index,” Journal 

of Educational Research and Policy Studies. “Residential Property Taxation: Is 

Periodic Reassessment Worth It?” Public Finance Review (with Bao). “A Private 

Universal Voucher Program’s Effects on Traditional Public Schools,” Economics 

of Education Review (with Gray). 

WORK IN PROGRESS (2010: journal target): Political Control of K-12 

Education (book). “Economic Development Effects of a Universal Tuition

Voucher Program,” Journal of Urban Economics (with Gray). “The Property 

Value Effects of Universal Tuition Vouchers,” Policy Studies Journal. “A Nation 

at Risk Imperative: Price Systems in K-12 Education,” Public Choice. “Economic 

Fundamentals of Charter Law, Tuition Vouchers, and Tuition Tax Credits,” 

Education Economics. “Aquifer Storage and Recovery Project Optimization 

Through User-Friendly Benefit- Cost Analysis,” Resource Economics (with 

Waxler). “General Equilibrium Analysis of Recycling Mandates,” Ecological 

Economics (with Robbins). “Tax Free Income and the Housing Bubble,” Public 

Finance Review (with Field and Bao). 

“Simulation of a Constitutional Spending Limit for a Conservative State: With 

Dynamic Adjustment and Sensitivity Analysis,” Public Budgeting and Finance 

2010 (with Monson – Revise and Resubmit). 

“Treatment Effect of Schooling on Academic Performance: Evidence from 

Developing Countries,” Journal of School Choice 5:1 (2011, with Tooley, Bao, 

and Dixon). 

“Defining Continuous Improvement and Cost Minimization Possibilities 

Through School Choice Experiments,” Journal of School Choice 3:3 

(Summer, 2009): 271-289. 

“The Potential for System-Friendly K-12 Reform,” Cato Journal 

29:2 (Spring/Summer, 2009): 373-387. 

“Imagined Evidence and False Imperatives,” Journal of School Choice 

3:1 (Winter, 2009): 55-78. 

“Goldin and Katz and Education Policy Failings in Historical 

Perspective,” Econ 

Journal Watch 6:1 (January, 2009; with Kling): 2-20. 

"The School Choice Evidence and its Significance," Journal of School 

Choice 2:3 

(Summer, 2008): 223-259. 

"The Twelve Policy Approaches to Increased School Choice," Journal 

of School 

Choice 2:1 (Winter, 2008): 4-19.

"CharterSchool Legislation: Disaster, Detour, Irrelevant, or 

Reform Tool," Journal of School Choice 1:1 (Winter, 2006): 3-22. 

“The Competitive Education Industry Concept and Why it 

Deserves More Scrutiny.” 

Cato Journal 25:2 (Spring/Summer, 2005; with Salisbury): 177-196. 

“Specialization in a Competitive Education Industry: Areas and 

Impacts.” Cato 

Journal 25:2 (Spring/Summer, 2005): 317-336. 

“The Edgewood Voucher Program: Some Preliminary Findings," 

Cato Journal 23:3 (Winter, 2004): 447-462. 

"An Optimal Timing Model of Water Reallocation and Reservoir 

Construction," European Journal of Operational Research 145:1 (2003; 

with Firoozi): 165-174. 

"Key Policies for a Competitive Education Industry," Journal of Private 

Enterprise 

18:1 (Fall, 2002): 69-83. 

“A General Equilibrium Analysis of the Insurance Bonding 

Approach to Pollution Threats,” Ecological Economics 40 

(January, 2002): 103-115.

"The School Choice Choices," The Independent Review 

5:2 (Fall, 2000): 189-207. 

"Groundwater Resources: The Transition from Capture to 

Allocation," Policy Studies Review 17:1 (Spring, 2000): 105-124. 

"State Government Expenditure Determinants and Tax 

Revenue Determinants Revisited," Public Choice 102 (January, 

2000): 25-50. 

“Efficient Water Pricing Policies as a Municipal Revenue 

Source,” Public Works 

130. 

Management and Policy 4:2 (October, 1999; with Collinge): 119- 

"Implementation Issues: The Political Economy of Efficient 

Fishing," Ecological 

Economics 30 (1999): 5-12. 

"Monopsony Power in the Market for Teachers," Journal 

of Labor Research 20:3 (Summer, 1999): 377-391. 

"Regional Policies for Gross Emitting Vehicles," Planning 

and Markets 1:1 (September, 1998): electronic, no page 

numbers. 

"Sensitivity Analysis in Benefit-Cost Analysis: the Key to 

Increased Use and Acceptance," Contemporary Economic Policy 

15:3 (July, 1997): 82-92.

"A Simple Export Country-Market Ranking Technique for Small 

US Businesses,” 

Journal of Business Strategies 13 (1996; 3 rd author): 126-150. 

"A Market Approach to Conserving Biodiversity," 

Ecological Economics 16 (1996): 217-226. 

"A Dynamic Model of Ground Water Restoration with 

Accelerator Constraint," Applied Mathematical Modelling 19 

(1995; with Firoozi): 173-181. 

"Renewable Resource Use: Transition from Capture to 

Allocation and Optimal Stock Recovery," Journal of 

Environmental Management 44 (1995; with Firoozi): 195-211. 

"A Principal Components-Based Tourism Activity Index," 

Journal of Travel Research 32 (1994; with de la Viña, Ford, and 

Hollas): 37-40. 

"Coasian Resolutions of Two-Party Externalities: A 

Special Case of Bilateral Monopoly" Public Finance, 48 (1993): 

67-75. 

"The Institutional and Political Factors That Influence 

Voter Turnout," Public Choice 77 (1993): 657-667.

"The Impact on Residential Property Values of Burning 

Hazardous Waste-Derived Fuel," The Journal of Real Estate 

Appraisal and Economics 6 (1992): 47-54. 

"The Institutional and Political Factors Which Influence 

Taxation," Public Choice 69 (1991): 295-310. 

"A Critical Overview of the Evolutionary Approach to Air 

Pollution Abatement Policy," Journal of Policy Analysis and 

Management 9 (1990): 367-380. 

"A Critical Overview of the Evolutionary Approach to Air 

Pollution Abatement Policy," Journal of Policy Analysis and 

Management 9 (1990): 367-380. 

"A Practical Note on the Neoclassical Economic Base 

Marginal Multiplier," Journal of Regional Science 30 (1990): 123- 

127. 

"The Impact of Selected Abatement Strategies on 

Transnational Pollution," The Terms of Trade and Factor 

Reward: A General Equilibrium Approach," Journal of 

Environmental Economics and Management 15 (1988): 259-284. 

"A Note on the General Mathematical Equivalency of 

Economic Base and Aggregate Input-Output Multipliers: Fact or 

Fiction," Journal of Regional Science 27 (1987): 651-4. 

"A Neoclassical Anatomy of the Economic Base 

Multiplier," Journal of Regional Science 27 (1987): 283-294.

"Quasi-Experimental Control Group Methods for Regional 

Analysis: An Application 

to Energy Boomtowns and Growth Pole Theory," Economic 

Geography 63 (1987; with 

Isserman): 3-19. 

"Regional Tests of the Linkage Hypothesis," Revue d' 

Economie Regionale et Urbaine 25 (1984; with Hewings and 

Schneider): 275-289. 

"Impact Mitigation in Western Energy Boomtowns," 

Growth and Change 15 (1984): 23-28. 

"Shift-Share in Regional Analyses," Regional Science 

Perspectives (1983): 48-53. 

"Using Analog Regions to Assess the Economic Impact of 

FederalLand Management Policies," The Professional 

Geographer 35 (1983): 298-302. 

"The Use of Control Groups in Evaluating Regional 

Economic Policy," Regional Science and Urban Economics 12 

(1982; with Isserman): 43-58. 

"The Wyoming Economy: Historical Trends and 

Projections," The Southwestern Review of Economics and 

Management 2 (1982; with Gerking): 37-55. 


Speaker

Panel Discussion of “Markets vs. Standards: Debating the Future of 

American Education,” Cato Institute Forum (April 16, 2008), 

Washington, DC. 

Invited Speaker and Core Panelist for the Cato Institute 

Competitive Education Industry (CEI) Project and CEI Special 

Forum (Sept. 28, 2004), Washington, DC. 

“Choice as an Education Reform Catalyst and Lessons from Chile, 

New Zealand, Milwaukee, Sweden, and the USA.” Invited Speaker 

for Special Cato Institute Forum on School Choice Around the 

World (May 27, 2004), Washington, DC. 


Regional 

"Local Economic Development Through a Universal Tuition Voucher 

Program," Southwestern Economics Association (April, 2010), 

Houston, TX. 

“The Political Economy of School Choice and School Choice 

Avoidance,” Southwestern Economics Association (April, 2010), 

Houston, TX. 



“The Edgewood Voucher Program: Between the Pick-Axe and the Bulldozer,” 

Public Choice Society (March, 2011), San Antonio. 

“The Edgewood Voucher Program: Universal, Temporary, and 

Geographically Targeted,” American Educational Research 

Association (May, 2010), Denver, CO.

“User-Friendly Benefit-Cost Analysis of an Aquifer Storage and 

Recovery Project (with Waxler),” Southern Economic Association 

(November, 2009), San Antonio, TX. 

“Tax Free Income and the Housing Bubble (with Bao and Field),” 

Southern Economic Association (November, 2009), San Antonio, TX. 

“Goldin and Katz and Educational Policy Failings in Historical 

Perspective (best of 2009 Econ Journal Watch session),” Southern 

Economic Association (November, 2009), San Antonio, TX. 

“Simulation Analysis of a Taxpayer Bill of Rights,” Public Choice 

Society (March, 2009), Las Vegas, Nevada. 

“The Property Value Effects of Universal Tuition Vouchers,” Southern 

Economic Association (November, 2008), Washington, DC. 

“Treatment Effect of Schooling on Academic Performance: Evidence 

from Developing Countries,” Public Choice Society (March, 2008), San 

Antonio, TX. 

“A „Nation at Risk‟ Imperative: Ending Price Control in K-12 Education,” 

Southern Economics Association (November, 2007), New Orleans; 

organized the session. 

“Residential Property Taxation: Is Periodic Reassessment Worth It?” 

Western Economics Association (July, 2007), Seattle; also organized 

another session.

“A Preliminary Assessment of the Potential for System Friendly K-12 

Reform,” Western Economics Association (July, 2006), San Diego; 

also organized two sessions. 

“Assessing the School Choice Evidence,” and “Education Research in 

a Competitive 

Education Industry,” Southern Economics Association (November, 

2005), Washington. 

“A Competitive Education Industry Index” in a Western Economics 

Association session I organized (July, 2005), chaired by Milton 

Friedman. 

“Choice as an Education Reform Catalyst: Lessons from Chile, 

Cleveland, Edgewood, 

Florida, New Zealand, Milwaukee, and Sweden.”+ discussant 

twice. Southern 

Economic Association (November, 2003), San Antonio, Texas. 

“User Friendly Benefit-Cost Analysis” + “Charter School 

Legislation: 

Disaster, Detour, Irrelevant, or Reform Tool.” + Session Chair + 

Discussant. 

Western Economic Association (July, 2003), Denver, CO. 

“A Kinder and Gentler Property Tax”+ School Choices: True and 

False + Organizer and Chair of two sessions. Public Choice Society 

(March, 2003), Nashville, TN.

“A General Equilibrium Analysis of Recycling Incentives.” + 

Session Chair + 

WA. 

Discussant. Western Economic Association (July, 2002), Seattle, 

“Charter School Legislation: Disaster, Detour, Irrelevant, or Reform 

Tool” + 

Session Organizer and Chair. Public Choice Society (March, 

2002), San Diego. 

"Specialization in a Competitive Education Industry: Areas and 

Impacts" + Session 

Organizer, Chaired by Milton Friedman + “A General Equilibrium 

Analysis of 

Recycling Mandates.” Western Economic Association (July, 2001), 

San Francisco. 

"A Preliminary Examination of the Edgewood Voucher 'Experiment': Issues 

and Data" 

Southern Economic Association (November, 2000), Washington, DC. 



“Economic Fundamentals of Charter Law, Tuition Vouchers, and Tuition Tax Credits,” 

Southern Economic Association (November, 2010), Atlanta; Invited Presidential Session. 

Contracts, Grants and Fellowships - Contracts 


07/2009 Friedman Co-Principal 

Foundation Investigator 


Year Funding Source Role Title

06/2009 - 

08/2009 

2008 - 2009 Searle Freedom 

Trust + CEO 

Foundation 

San Antonio Water Principal 

System 


Principal 


Other Publications - Journal – Professional, Trade or In-House - 

Journal Article in a Professional Journal 

Book Reviews: 1.) The Logic of Democracy, by Anthony McGann Ann Arbor: 

University of Michigan Press, 2006. 243 Pages. Public Choice (2007 forthcoming). 2.) 

Education Matters: Government, Markets, and New ZealandSchools, by Mark Harrison 

(Wellington, New Zealand: Education Forum, 2004). pp. ix + 412. Economics of 

Education Review (2005); 3.) The Economics of School Choice, Caroline Hoxby (ed) 

(Chicago: University of Chicago Press, 2003). pp. xiv + 352. Economics of Education 

Review (2005); 4.) The Education Gap, by William Howell and Paul Peterson 

(Washington, DC: Brookings Institution Press, 2002). pp. xix + 208 + 67 (Appendices and 

Notes). Economics of Education Review (2005); 5.) The Economics of Schooling and 

School Quality. Eric H 

“Is Every „Choice‟ a Good One,” The School Choice Advocate. June 2006; p 12-13. 

“The Chilean Version of School Choice,” CREO Quarterly 1, #3 

(December, 2004) 

60. 

"Parental Choice Options," Texas Education Review 1:2 (Summer 2000): 48- 

"Squeezing Out Vehicle Emissions," Environmental Forum, (March/April, 

1995): 3. 


Journal Article in a Trade Journal 

Invited Response to “Voting Down Vouchers,” Summer 2008 Education Next. 

Other Publications - Newspaper, Newsletter, Magazine - Newspaper 

Editorial

Opinion-Editorial pieces in the Independent Institute Lighthouse, Fox News, 

San Antonio Express-News, and Letters in the Wall Street Journal, Express-News, 

Austin American-Statesman, Newsweek, Education Next, and Education Week. 

Other Publications - Technical Report - Agency 

Benefit-Cost Analysis of Management Practices for San Antonio Water Systems' Aquifer Storage 

and Recovery Project 


Department 


1987 - 2010 Many; my Department Committees 

share 



2007 - 2007 Member UFRAC 



2009 - 2010 Faculty Senate UTSA 

Member 




2006 - 2010 Faculty Libertarians 

Advisor 


Journal 


Editor in Chief - Journal of School 

2010 

Choice 

08/2007 - 

2010 


Journals 


1987 - 2010 Referee - 2010 Many/Assorted 



Expertise) 


1995 - 2010 Senior Fellow / 

Advisory Board - 

2010 

Numerous/Assorted 

1987 - 2010 Talk Show Guest, Many/Assorted 

Forum Panelist, etc.

- 2010 




1996 - 2010 Organize 

Conference 

Sessions 

Many/Assorted 



2000 - 2009 Honors Numerous Who's Who Listings 

2002 Honors UTSA College of Business - Best Researcher 



Biographical Listings - Biographical Listings 

Year 

Comments 

08/1984 Economics Professor - University of Hawaii-Hilo 

07/1987 UTSA Economics Professor

Address 






Work Phone : 210-458-5396 

Scott Metzger 

Work Email : scott.metzger@utsa.edu 





2001 Bachelor of Business Administration Finance Texas State University 



08/2006 University of Texas at San Lecturer I 




01/2007 - CEO 

Freetail Brewing 

Present 

09/2003 - Business Valero Energy Corp 

09/2008 Development 

05/2001 - 

02/2003 

Office of Thrift 

Supervision 

US Treasury Department

Address 





Cob-Student Ctr For Prof Dev 

BB 2.01.08 


Work Phone : (210)458-4039 

Lisa Montoya 

Work Email : lisa.montoya@utsa.edu 



1995 Doctor of Philosophy Political Science Washington University 

1990 Master of Public Administration Public 

Arizona State University 


1987 Bachelor of Arts Public Affairs University of Denver 



2005 - Present University of Texas at San Senior Lecturer 


Taught courses in community 

economic development and 

introductory economics. 

1995 - 2001 University of Texas at Austin Assistant Professor Taught courses and completed 

research in interest group politics, 

Latino politics, public policy. 

09/1993 - 

08/1994 

Wellesley College 


Predoctoral Fellow Conducted doctoral research and 

taught senior seminar. 


2007 - Present University of Texas at San 


Associate Dean, 

Undergraduate 

Studies 

Supervise Academic Advising, 

Professional Development, and 

special academic programs. 

2006 - 2007 University of Texas at San 


Asst. Dean, 

Undergraduate 

Studies 


Community Economic Development. 

Financial literacy for youth, low-income populations. 

Domestic and international Microlending and microfinance. 


Managed academic advising and 

special academic programs.


2009 Dissertation 

Committees 

Member of Doctoral Committee for Henrietta 

Munoz, Department of Bilingual/Bicultural Studies. 

Graduated, December 2009. 

Pedagogy - Other Teaching Activity 


Other Teaching 

Activity 

10/2010 - 

05/2011 


Undergraduate Honors Thesis Committee Member for Ryan 

Zapata 

“The Political Participation of Working Youth: A Three State Study.” Coauthored 

with Sharon Jarvis. CIRCLE: The University of Maryland. July, 2004. 

“Working Youth: A Whitepaper on Political Engagement.” Coauthored with 

Sharon Jarvis. CIRCLE: The University of Maryland. July, 2004. 


“Still Waiting in the Wings: Latinos in the 2000 Texas Elections.” 2004. Latinos 

in the 2000 Elections. R.O. de la Garza and Louis DeSipio (eds). Boulder: 

Westview Press. 

“Gender and Citizenship in Latino Political Participation.” 2002. In Latinos in the 

21 st Century: A Research Agenda. Marcelo Suarez-Orozco, (ed.). Berkeley: 

University of California Press. 

The Sleeping Giant in Latino Electoral Politics.” 2000. Reflexiones 1999. Richard 

Flores (ed.) Austin: University of Texas Press. 

“Señor Smith Didn’t Go to Washington: The 1996 Elections in Texas”. 1999. 

Awash in the Mainstream: Latinos and the 1996 Elections. R.O. de la Garza and 

Louis DeSipio (eds). Boulder: Westview Press. 


Stone, D. L., Svacina, T., Row, J., Canedo-Soto, J., & Montoya, L. The relations 

between Hispanic business owners' beliefs, knowledge, use of financial planning, 

and business success. Business Journal of Hispanic Research. In Press. 

Publication 2011. 

“Latina Politics: Gender, Participation, and Leadership.” 2000. PS: Political 

Science and Politics. September. With Carol Hardy-Fanta and Sonia Garcia. 

Latino Gender Differences in Public Opinion: Results from the Latino National 

Political Survey. 1996. Hispanic Journal of Behavioral Sciences. 18(2): 255- 

276. 


Year Funding Source Role Title

10/2010 - 

09/2011 

JP Morgan Chase 


10/2009 JP Morgan Chase 


Principal 


Principal 


"College Bound!" Latino Financial Issues 

program Service Learning Grant, 20010- 

2011. Promotes service-learning in the 

UTSA classroom and Encourages Wrenn 

middle schoolers to plan for college. 

"College Bound!" Latino Financial Issues 

program Service Learning Grant, 2009- 

2010. Promotes service-learning in the 

UTSA classroom and Encourages Wrenn 

middle schoolers to plan for college. 



2009 - Present Ex oficio College of Business 

member 

2008 - Present Member College of Business 

Undergraduate Programs Committee, Ex oficio 

member – advised and supported the committee in 

its charge to review and recommend 

improvements and new programs to the 

Faculty. 15-20 hours of service annually. 

COB Scholarship Committee – Awards 

scholarships to business students. 2008- 

present 

2009 - 2010 Chair College of Business Ad hoc committee to open the Financial 

Studies Center, 2009-10. 

2009 Member Graduation Initiative – worked with Provost’s 

staff to create a COB plan that promotes retention 

and improves graduation rates. Met twice a 

semester to discuss plan and strategies with GI 

staff. 



2009 - Present Member UTSA Provost’s Diversity Advisory Board, 

2009-2012 

2010 - 2011 Co-chair Office of the President Alcohol on Campus Committee, 2010-11 

2010 - 2011 Member Office of the Provost Freshmen Experience Taskforce, 2010-11 




2006 - Present COB 

UTSA 

Representative 

Presentation on the UTSA College of 

Business to prospective students and 

their parents at Spring Fling and UTSA 

Days. These events are the official 

recruitment events held on the Main 

campus each year. 

2006 - Present Manager/Presenter UTSA Organized and supervised Freshman Orientation

2006 - Present COB 

Representative 

UTSA 

for incoming COB students. Served 

approximately 700 students during summer 

orientation. 2006-present. 

Met individually with outstanding 

prospective students including student 

athletes to introduce the UTSA College 

of Business. 

2009 Presenter COB Presented 6 "Elevator Speech" 

workshops to over 280 business students 

in 2009 as part of the Career Action 

Plan, the signature professional 

development program of the college. 

2009 UTSA Wrote letters of recommendation for 10 students 

in 2009 for graduate school and internships. 

Service: Professional, Editorial, Community - Service to the Community 

Involving my Students 


2010 - 2011 Faculty Member - UTSA 

2011 

College Bound!” A two-year 

collaboration between the Latino 

Financial Issues program and Wrenn 

Middle School in EISD to promote 

college attendance among eighth 

graders. Program is comprised of 12 

hours of college awareness and 

planning led by LFI students and 

culminating with a visit to the main 

UTSA campus. Eighty LFI students and 

400 Wrenn students will participate 

over two years. 2010-2011 

2009 Faculty Member Dress for Success As part of Latino Financial Issues 

Program, 40 UTSA students worked 

with Dress for Success--San Antonio, a 

nonprofit whose mission is to help lowincome 

women enter the 

workforce. Ninety percent of the 

clients of Dress for Success are victims 

of domestic violence. Students worked 

with the organization to coordinate a 

fundraiser and suit drive in support of 

the program’s mission. 



Expertise)


2009 - 2012 Advisor - 2012 National Association of Advise on the Evaluation of the 

Latino Community 

Asset Builders 

Guadalupe Street Revitalization Project. 

Evaluation is being conducted by 

National Association for Latino 

Community Asset Builders, San 

Antonio, TX, 2009-present. This 

project represents the first large 

evaluation of another organization in 

NALCAB’s history. I have advised 

2009 - 2010 Consultant - 2010 Dress for Success- San 


05/2010 Presenter Dress for Success-San 


11/2009 - 

03/2010 

Committee 

Member - 03/2010 

U.S. Dept. of Treasury 

05/2008 Panelist Association for 

Enterprise Opportunity 

them on evaluation methods. 

Volunteer Consultant to Dress for 

Success, San Antonio on their financial 

literacy curriculum for women seeking 

to enter the workforce. Most of the 

clients are victims of domestic violence. 

The staff at Dress for Success- San 

Antonio recently realized that their 

clients were often failing to make 

progress because of their lack of 

financial knowledge. They have asked 

me to advise them on financial literacy 

topics and to deliver one of their 

modules on a regular basis. 

“Money, Emotions, and Relationships.” 

Workshop delivered to Dress for 

Success clients. May 2010. This 

workshop is the module that Dress for 

Success – SA has asked me to deliver in 

their financial literacy program. 

Committee to prepare the Financial 

Literacy Challenge, Office of Financial 

Education, U.S. Department of 

Treasury. Work with Treasury staff and 

other experts to revise the Financial 

Literacy Challenge, a test for high 

school students. 2009-2010. 

Panel Participant to discuss Latino 

Financial Issues Program at National 

Conference of the Association for 

Enterprise Opportunity, Anaheim 

California, May 20-23, 2008. 



Year Role Society/Association Description

06/2008 - 

06/2010 

Participant 

SWBDA 

Annual Meeting of the Southwest 

Business Dean’s Association 

meetings, Santa Fe, NM, June 

2008, 2009, 2010. 



2010 Awards Richard S. Howe Outstanding Service to Undergraduates Teaching 

Award, 2010 

2008 - 2008 Awards Southwest Business Dean’s Innovation Award for Latino Financial 

Issues Program. 



2005 - Present Other Senior Lecturer, University of Texas at San Antonio. 

1995 - 2001 Other Assistant Professor, University of Texas at Austin.

Address 





Cntr, Professional Excellence 


Keith Phillips 

Work Email : keith.phillips@utsa.edu 



2003 Doctor of Philosophy Economics Southern Methodist 


1983 Master of Arts Economics Univ of Missouri- 

Columbia 



01/2007 - 

Present 

UTSA Senior Lecturer Teaching Managerial Economics 

in EMBA Program 

08/2000 - 

Present 

Trinity University, Incarnate 

Word, and St. Mary's 


Professional Experience - Adjunct Faculty 

Adjunct Professor Taught graduate courses in 

econometrics, forecasting, and 

corporate finance plus 

undergraduate courses in micro 

and macroeconomics, forecasting, 

and statistics. 


08/1989 - Senior Economics Federal Reserve Bank of 

Present and Policy Adviser Dallas 

05/1987 - 

Present 

Associate 

Economist 

Federal Reserve Bank of 

Dallas

Address 






BB 4.01.10 


Work Phone : (210)458-4315 

Johnathan Rightmyer 

Work Email : john.rightmyer@utsa.edu 





2005 Doctor of Jurisprudence Law St Mary's University 

2000 Bachelor of Science Economics Texas A & M University 

Main Campus 



UTSA Lecturer I Instructed sections of Introductory 

Microeconomics, Introductory 

Macroeconomics, and Economic 

Principles and Issues at UTSA. 

08/2006 - 

Present 




2005 Member Phi Delta Phi Legal Fraternity 




2007 Member San Antonio Bar Association, 

Texas Young Lawyers Association, 

Federal Bar Association, San Antonio 

Young Lawyers Association, San Antonio 

Criminal Defense Lawyers Association 



01/2009 Attorney at Law Legal Rothrock & Rightmyer, PC, San 

Antonio, Texas 

05/2005 - Attorney at Law Legal Law Office of Cooper G. Dibrell,

12/2008 San Antonio, Texas

Economics 6. Public Choice and Finance 7. Public Finance 

Freshman/Sophomore Level: 1. Economic Principles and Issues 

2. Principles of Macroeconomics 3. Principles of 

Microeconomics 4. Principles of Microeconomics (Honors) 



Saddle River: Prentice Hall), Enhanced Edition. 






Saddle River: Prentice Hall). 






Issues (Upper Saddle River: Prentice Hall), Third edition. 


Issues (Upper Saddle River: Prentice Hall), Second edition. 


Issues (Upper Saddle River: Prentice Hall), First edition. 



Short and Long Runs: A System of Rental Emission Permits,” Chapter 12 of 

Wallace E. Oates, The Economics of Environmental Regulation, Economists of 

the Twentieth Century Series (London: Edward Elgar), 1996: 233 - 241. 

Emerson, Peter, and Robert A. Collinge, “The Environmental Conflict in North 

American Trade,” chapter in NAFTA and The Environment, edited by Terry L. 

Anderson (San Francisco: The Pacific Research Institute for Public Policy), 1993: 

45 - 60. 


Presence of Pollution Externalities,” Martin J. Bailey, ed., Studies in Positive and 

Normative Economics, (London: Edward Elgar), 1992: 208 - 219. 


McKitrick, Ross, and Robert A. Collinge, “The Existence and Uniqueness of 

Optimal Pollution Policy in the Presence of Victim Defense Measures,” Journal 

of Environmental Economics and Management, 44 (1), July 2002: 106 - 122.

McKitrick, Ross, and Robert A. Collinge, “Linear Pigouvian Taxes and the 

Optimal Size of a Polluting Industry,” Canadian Journal of Economics, 33 (4), 

November 2000: 1106 - 1119. 

Merrifield, John and Robert Collinge, “Efficient Pricing Policies as an 

Appropriate Municipal Revenue Source,” Public Works Management and Policy, 

4 (2), October 1999: 119 - 130. 

Collinge, Robert A. and Justino de la Cruz, “Easing Countries‟ Transitions from 

Price Controls and Subsidies,” World Development, 27 (2), February 1999: 375 - 

380. 

Collinge, Robert A., “User Fees with „Feebates‟: Meeting Revenue and Allocative 

Objectives Without Tradeoff, Even When Numbers Are Small,” Journal of 

Environmental Management, 50, 1997: 171 - 185. 

Ayers, Ronald, and Robert A. Collinge, “Teaching Economics with Personalized 

Materials—Methodology, Techniques, and Experiences,” Southwestern 

Economic Review, 23 (1), Spring 1996: 17 - 25. 

Collinge, Robert A., “Conservation Feebates,” Journal of the American Water 

Works Association, 88, January 1996: 70 - 78. 

Collinge, Robert A., and Ronald M. Ayers, “First Class Mail, Third Class 

Competition,” The Freeman, 45 (4), April 1995: 223 - 225. 

Collinge, Robert A., “An Alternative to Regulation: Efficiency and Second-best 

Optimal Revenues Irrespective of Market Structure,” Research in Law and 

Economics, 16, 1994: 95 - 107. 

Collinge, Robert A., “Dampening Exchange Rate Volatility: A Micro Alternative 

to Macro Policies,” Journal of Policy Modeling, 16 (1), February 1994: 113 - 118. 

Collinge, Robert A., “Transferable Water Rates: The Overlooked Opportunity in 

Municipal Water Pricing,” Public Finance Quarterly, 22 (1), January 1994: 46 - 

64. 

Timmons, J. D., and Robert A. Collinge, “Military Base Closings: Thrifty 

Objective, Spendthrift Process,” Real Estate Issues, 18 (1), Spring/Summer 1993: 

24 - 28. 

Collinge, Robert A., and Peter M. Emerson, “The North American Free Trade 

Agreement: Short Term Obstacles and Long Term Opportunities,” Operations 

Management Review, 9 (1), 1992: 12 - 17. (Invited article) 

Collinge, Robert A., “Revenue Neutral Water Conservation: Marginal Cost 

Pricing with Discount Coupons,” Water Resources Research, 28 (3), March 1992: 

617 - 622. 

Collinge, Robert A., and Anne Stevens, “Targeting Methanol or Other Alternative 

Fuels: How Intrusive Should Public Policy Be?,” Contemporary Policy Issues, 8, 

January 1990: 54 - 61. 

Collinge, Robert A., “How to Design Privatization to Achieve Optimal Supply 

Incentives and Optimal Public Revenues,” Journal of the Southwestern Society of 

Economists, 16 (1), 1989: 52 - 58. (Article appears in the refereed component of 

this journal, which is now entitled the Southwestern Economic Review.) 


Presence of Pollution Externalities,” Journal of Environmental Economics and

Management, 10 (3), September 1983: 221 - 232. [This article is reprinted in 

Martin J. Bailey, ed., Studies in Positive and Normative Economics, (London: 

Edward Elgar), 1992: 208 - 219.] 


Short and Long Runs: A System of Rental Emission Permits,” Canadian Journal 

of Economics, 15 (2), May 1982: 346 - 354. [This article is reprinted in Wallace 

E. Oates, ed., The Economics of Environmental Regulation (London: Edward 

Elgar), 1996.] 

Collinge, Robert A., “Generating Optimal Tariffs in the Marketplace,” The 

Economic Journal, 94, December 1984: 914 - 923. 

Journal Publications - Review Essay - Book Review Essay 

Collinge, Robert A., Book Review: Unquenchable: America's Water Crisis and 

What to Do about it, by Robert Glennon, Public Works Management and Policy, 

Vol 15, no 1, pp. 57 - 60. 


Collinge, Robert A., “U.S.—Taiwan Trade in the Eighties and Beyond: 

Comment,” Southwestern Journal of Economic Abstracts, 12 (1), 1991: 113 - 

114. 

Collinge, Robert A., book review of Toward a Consensus on Military Service: 

Report of the Atlantic Council‟s Working Group on Military Service, edited by 

A. Goodpastor, L. Elliott, and J. A. Hovey, Jr., Southern Economic Journal, 50 

(2), October 1983: 596 - 597. 


Collinge, Robert A., “Energy Imports and Alternative Fuels: Applying the Tools 

we Teach,” Economics and the Classroom Conference Proceedings, September 

11 - 13, 2003: 39 - 41. 

Collinge, Robert A., “Preventing Water Emergencies by Reducing Consumption 

Peaks: Efficient Market-Clearing and Interruptible Pricing,” Proceedings of 

Conserv99—Making Cents of the 21st Century, Monterey, February 1999. 

Collinge, Robert A., “Pareto-Optimal Preference Revelation: Enhancing the 

Clarke Tax,” Southwestern Economic Proceedings, Selected Papers, 1998. 

Collinge, Robert A., “Preventing Urban Water Crises with Interruptible and 

Market-Clearing Prices,” Proceedings of the 25th Water for Texas Conference, 

Austin, December 1998: 247 - 250. 

Collinge, Robert A., “Optimal Conservation by Municipal Water Customers: A 

Market-Based „Feebate‟ System,” Proceedings of Conserv93—The New Water 

Agenda, a triennial interdisciplinary conference, Las Vegas, December 1993: 707 

- 717. 

Other Publications - Technical Report - Institute

Collinge, Robert A., Peter M. Emerson, Ronald C. Griffin, Bruce A. McCarl, and 

John D. Merrifield, “The Edwards Aquifer: An Economic Perspective,” 

Technical Report No. 159, Texas Water Resources Institute, Texas A&M 

University System, College Station, March 1993. 



2010 - Present member Departmental Faculty 

Review and Advisory 

Committee 

2010 - Present member Dept. Faculty Advisory 

09/2010 - 

Present 

01/2010 - 

Present 

member 

member 

Committee 

University Faculty 

Grievance Committee 

College Undergraduate 

Curriculum Committee 


Journal 


2010 - Present on Editorial Board Public Works Mgmt. 

- Present and Policy 


Journals 


12/2009 referee Journal of 

Environmental 


Management 

followup review of previously 

submitted manuscript 

10/2009 Member, Board of 

Editors 

Public Works 

Management and Policy 

refereed manuscript for possible 

publication 



Expertise) 


12/2010 make myself available to reporters upon 

request when appropriate, e.g., 

http://www.texaswatchdog.org/2010/12/texaswatchdog-surveys-the-federal-stimulus-andeconomists/1292865467.story 

01/2010 - 

12/2010 

02/2009 Judge - History 

Week 

Local Public Schools Judged student presentations 


Year Type Description

2005 Awards President's Distinguished Teaching Award for Core Curriculum 

Teaching 

1999 Awards College of Business Faculty Advisory Council Combined Teaching, 

Research, and Service Excellence Award. 

1999 Awards President‟s Distinguished Achievement Award for Teaching 

1998 Awards President‟s Distinguished Achievement Award for Core Curriculum 

Teaching. 



1980 - Present 5 through 8 Principles of Macroeconomics 

Principles of Microeconomics 

Economic Principles and Issues 

Intermediate Microeconomics 



Natural Resource Economics 

Public Choice and Finance 

Public Sector Economics 


Graduate Economic Theory and Policy 

Graduate Public Sector Economics 

Graduate Environmental Economics 

Graduate International Economics 

Graduate Public Sector Budgeting and Finance 

Graduate Health Care Economics and Policy 



Visiting U.S. International Trade 

International Commission 

Economist 

06/1985 - 

08/1985 



1986 - 1987 Economist American Petroleum Institute

Address 






BB 4.02.46 


Work Phone : (210)458-5313 

Dale Truett 



1967 Doctor of Philosophy Economics Univ of Texas at Austin 

1964 Master of Arts Latin Am Studies - Univ of Texas at Austin 

ECO 

1963 Bachelor of Arts Social Sciences Purdue University 



1973 - 2010 The University of Texas at Professor 




1974 Technologico y de Estudios 

Superiores de Monterrey, 

Mexico 

1971 - 1973 Florida International 



Austin 

Ashbel Smith 



Professor, Department of 

Economics, The University of 

Texas at San Antonio, 1973- 

present (Division of Economics 

and Finance, 1973-2001) 

Ashbel Smith Professor of 


Texas at San Antonio, 1997-2002 

Visiting Professor Visiting Professor, Instituto 

Tecnológico y de Estudios 

Superiores de Monterrey, México, 

1974 

Associate Professor Associate Professor, Florida 

International University 

(Chairman of University Council 

for International Affairs), 1971- 

1973 

Visiting Associate 


Visiting Associate Professor of 


Texas at Austin, summer 1972 

1967 - 1971 University of Florida Assistant Professor Assistant Professor of Economics, 

University of Florida (Member, 

Latin American and Graduate 

Faculties), 1967-1971

Address 






BB 4.02.46 


Work Phone : (210)458-5313 

Dale Truett 



1967 Doctor of Philosophy Economics Univ of Texas at Austin 

1964 Master of Arts Latin Am Studies - Univ of Texas at Austin 

ECO 

1963 Bachelor of Arts Social Sciences Purdue University 



1973 - 2010 The University of Texas at Professor 




1974 Technologico y de Estudios 

Superiores de Monterrey, 

Mexico 




Austin 

Ashbel Smith 



Professor, Department of 


Texas at San Antonio, 1973- 

present (Division of Economics 

and Finance, 1973-2001) 

Ashbel Smith Professor of 



Visiting Professor Visiting Professor, Instituto 

Tecnológico y de Estudios 

Superiores de Monterrey, México, 

1974 

Associate Professor Associate Professor, Florida 

International University 

(Chairman of University Council 

for International Affairs), 1971- 

1973 

Visiting Associate 


Visiting Associate Professor of 


Texas at Austin, summer 1972 

1967 - 1971 University of Florida Assistant Professor Assistant Professor of Economics, 

University of Florida (Member, 

Latin American and Graduate 

Faculties), 1967-1971



1973 - 1976 The University of Texas at Director, Division Director, Division of Economics 


of Economics and and Finance, The University of 



Finance 

Chairman, 




Chairman, Department of 

Economics, Florida International 

University, 1971-1973 


Establishment of a U.S.-Mexico Trade Center in the Southwest, monograph, 

with Antonio Furino). Washington: U.S. Department of Commerce, 

Office of Minority Business Enterprise, 1977. 


Managerial Economics, 8th ed. (with Lila J. Truett) Hoboken, NJ: John 

Wiley & Sons, 2004. (First edition was published in 1980; 8th edition 

released July, 2003). 

Study Guide for Managerial Economics, 8th ed. (with Lila J. Truett) 

Hoboken, NJ: John Wiley & Sons, 2004 (released July, 2003). 

Instructor's Manual for Managerial Economics, 8th ed. (with Lila 

J. Truett). Hoboken, NJ: John Wiley & Sons, 2004 (released July, 2003). 

Economics, 2nd ed. (with Lila J. Truett). St. Louis, MO: Times 

Mirror/Mosby College Publishing, 1987 (860 pps., also published as two 

separate volumes entitled Macroeconomics and Microeconomics). 

Instructor's Manual for Economics (with Lila J. Truett). St. Louis, MO: 

Times Mirror/Mosby College Publishing, 1987 (535 pps.). 

Intermediate Microeconomics (with Lila J. Truett). St. Paul, MN: West 

Publishing Company, 1984. 


"Texas in International Trade" (with Paul Bartlett and Lila Flory), in Louis 

J. Rodriguez, ed., Dynamics of Growth: An Economic Profile of Texas, Austin: 

Madrona Press, 1978, pp. 222-43. 

"Negro Employment in Miami," in F. Ray Marshall and Virgil Christian, eds., 

Negro Employment in the South, Springfield, VA: National Technical 

Information Service, 1973, Ch. 8. 

"Economic Models of Investment and Urban Growth," Public Policy and 

Urbanization in the Dominican Republic and Costa Rica, Gainesville, Florida: 

Center for Latin American Studies, University of Florida, 1972. 

"Industrial Promotion Policies and Strategies in Latin America,” appears as a 

substantial part of Ch. 5 in United Nations Industrial Development Survey, 

Vienna: United Nations Development Organization, 1971. 

"Industrial Promotion Policies and Strategies in Latin America," appears as a 

substantial part of Ch. 5 in United Nations Industrial Development Survey, 

Vienna: United Nations Industrial Development Organization, 1971. 

Book or Segment of Book - Segment of Book - Chapter - Pract/Train 

Pub

"Managerial Micro and Macroeconomics," American Hotel and Motel Association 

(chapter for training text), 1971. 

Book or Segment of Book - Segment of Book - Other Portion of Book 

"Comment: Professor Kaldor on Inflation, Growth, and Technological Change," in 

D. Geithman, ed., Fiscal Policy for Industrial Development in Latin America, 

University of Florida Press: 1974. 

Journal Publications - Journal Article - Non-Refereed Journal 

"Recent Growth of the Cement Industry in Texas," Texas Business Review, Nov.- 

Dec. 1983, pp. 296-99. 

"Negro Employment in Dade County: Evidence from the Sixties and Prospects for 

the Seventies," Business Dimensions, December 1969, pp. 1-9. 


“The Italian Textile Industry: A Beacon of Hope?” (with Lila J. Truett), revised 

and resubmitted to Empirical Economics. 

“The Korean Textile Industry: Still Competitive, After All These Years?” 

(with Lila J. Truett), Applied Economics, Vol. 43, No. 22 (2011), pp. 

2983-2992. 

“Whither Germany and the EMU in a Challenging Environment?” (with 

Lila J. Truett), Australian Economic Papers, forthcoming. 

“The South Korean Auto Industry: All Grown Up Now?” (with Lila J. Truett), 

submitted to the Journal of the Japanese and International Economies. 

“New Challenges for the South African Textile and Apparel Industries in 

the Global Economy,” (with Lila J. Truett), Journal of Economic 

Development, Vol. 35, No. 4 (2010), pp. 73-91. 

“Globalization Challenges for the Mexican Textile Industry,” (with Lila J. 

Truett), International Review of Economics and Finance, Vol. 19, No. 4 (2010), 

pp. 733-741. 

"Challenges for France in the Emerging International Environment: A 

Dynamic Analysis" (with Lila J. Truett), Contemporary Economic 

Policy, Vol. 27, No. 4 (2009), pp. 566-573. 

“Firm Size and Efficiency in the South African Motor Vehicle Industry,” (with 

Lila J. Truett), Australian Economic Papers, Vol. 48, No. 4 (2009), pp. 333-41. 

"Insourcing, Outsourcing, and Unemployment in the Spanish Auto 

Industry" (with Lila J. Truett), Review of Development Economics, Vol. 

12, No. 4 (2008), pp. 702-713.. 

"A Cost-Based Analysis of Scale Economies in the French Auto Industry" (with 

Lila J. Truett), International Review of Economics and Finance, Vol. 16, No. 3 

(2007), pp. 369-382. 

“NAFTA and the Maquiladoras: Boon or Bane?” (with Lila J. Truett), 

Contemporary Economic Policy, Vol. 25, No. 3 (2007), pp. 374-386. 

"South African Motor Vehicle Industry: Production and Costs," (with Lila J. 

Truett), Applied Economics, Vol. 38, No. 20 (2006), pp. 2381-2392. 

"Production Function Geometry with „Knightian‟ Total Product" (with Lila J. 

Truett), Journal of Economic Education, Vol. 37, No. 3 (2006), pp. 348-358. 

"NAFTA‟s Impact on the Mexican Automotive Sector" (with Lila J. Truett), 

Journal of Economic Development, Vol. 30, No. 2 (2005), pp. 155-176. 

"European Integration and Production in the French Economy" (with Lila J. 

Truett), Contemporary Economic Policy, Vol. 23, No. 2 (2005), pp. 304-316.

"The Italian Automotive Industry and Economies of Scale," (with Lila J. Truett), 

Contemporary Economic Policy, Vol. 21, No. 5(2003), pp. 329-337. 

"A Cost Function Analysis of Import Demand in South Africa," (with Lila J. 

Truett), Journal of Development Economics, Vol. 70 (2003),pp. 425-442. 

"The Demand for Imports in Italy: A Production Analysis" (with Lila J. Truett), 

International Review of Economics and Finance, Vol. 11, No. 4 (2002), pp. 393- 

409. 

"The Spanish Automobile Industry: Scale Economies and Input Relationships" 

(with Lila J. Truett), Applied Economics, Vol. 33 (2001), pp. 1503-1513. 

"The Demand for Imports and Economic Reform in Spain," (with Lila J. Truett), 

Journal of Economic Studies, Vol. 27, No. 3 (2000), pp. 182-199. 

"The Role of Taxes in the IS-LM Model: An Extension and Policy Implications" 

(with Fathali Firoozi and Lila J. Truett), Southwestern Journal of Economics, 

January 2000, pp. 35-59. 

"Scale Properties and Input Substitution in Mexican Electrical Equipment 

Manufacturing" (with Lila J. Truett), International Advances in Economic 

Research, February 1998, pp. 70-82. 

"Production, Cost, and Input Substitution in the Mexican Petroleum Industry" 

(with Lila J. Truett), The North American Journal of Economics and Finance, 

Vol. 9, No. 1 (1998), pp. 67-87. 

"The Aggregate Demand/Aggregate Supply Model: A Premature Requiem?" (with 

Lila J. Truett), The American Economist, Spring, 1998, pp. 71-75. 

"The Demand for Imports in Korea: A Production Analysis Approach" (with Lila 

J. Truett), Journal of Development Economics, June 1998, pp. 97-114. 

"A Cost Function Analysis of the Mexican Nonelectrical Machinery Industry," 

(with Lila J. Truett), Applied Economics, Vol. 30 (1998), pp. 1027-1035. 

"The Role of the United States GSP in the Promotion of Balkan Exports" (with 

Lila J. Truett), The Journal of Developing Areas, Winter, 1997, pp. 221-244. 

"The Korean Metals Industry and Economic Development" (with Lila J. Truett), 

Journal of Asian Economics, Summer, 1997, pp. 333-347. 

"Trade Performance of the Australian Transportation Equipment Industry: A 

Comparative Perspective" (with Lila J. Truett), Comparative Economic Studies, 

Spring, 1997, pp. 15-42. 

"Trade Liberalization and the Mexican Steel Industry" (with Lila J. Truett), 

International Review of Economics and Finance," 5, No. 4, 1996, pp. 429-447. 

"A Cost Function Analysis of the Australian Transportation Equipment Industry" 

(with Lila J. Truett), Australian Economic Review, 4th Quarter, 1996, pp. 367- 

384. 

"Economies of Scale in the Mexican Automotive Sector" (with Lila J. Truett), 

Journal of Productivity Analysis, October, 1996, pp. 429-446. 

"The Relation Between Canadian, Mexican, and United States Short-Term Money 

Markets: A Pre-NAFTA Analysis" (with Su Zhou and Lila J. Truett), Journal of 

Economic Integration, September, 1996, pp. 268-299. 

"Exploring the Relation Between Returns to Scale and Pecuniary 

Economies/Diseconomies" (with Lila J. Truett), Journal of Economic Education, 

Spring, 1995, pp. 140-49. 

"Government Policy and the Export Performance of the Mexican Automobile 

Industry" (with Lila J. Truett), Growth and Change, Summer, 1994, pp. 301-324. 

"Effects of Monopolization in an Increasing Cost Industry" (with Lila J. Truett), 

Quarterly Journal of Business and Economics, Summer, 1994, pp. 21-36.

"Technology and Input Demand: The Case of Mexican Steel Scrap Imports" (with 

Lila J. Truett), The North American Journal of Economics and Finance, 

Summer, 1994, pp. 99-110. 

"The Translog Cost Function and Demand for Imports: The Case of Mexico" 

(with Lila J. Truett and Bobby E. Apostolakis), Southern Economic Journal, 

January, 1994, pp. 685-700. 

"Trade Preferences and Exports of Manufactures: A Case Study of Bolivia and 

Brazil" (with Lila J.Truett), Weltwirtschaftliches Archiv, Band 129, Heft 3, 1993, 

pp. 573-90. 

"Joint Profit Maximization, Negotiation, and the Determinacy of Equilibrium in 

Bilateral Monopoly" (with Lila J. Truett), Journal of Economic Education, 

Summer 1993, pp. 260-70. 

"Response of Mexican Maquiladora Production to U.S. and Asian Relative Wage 

Rate Changes: A Multi-Industry Analysis" (with Lila J. Truett), Contemporary 

Policy Issues, January 1993, pp. 18-28. 

"The U.S. Generalized System of Preferences: An Update on Malaysia and 

Mexico" (with Lila J. Truett), Asian Journal of Economics and Social Studies, 

Vol. 11, No. 4, 1992, pp. 269-81. 

"Nonprimary Exports of African LDCs: Have Trade Preferences Helped?" (with 

Lila J. Truett), The Journal of Developing Areas, July 1992, pp. 457-73. 

"U.S. Trade Preferences and Economic Development: The Case of Southeast 

Asia" (with Lila J. Truett), Journal of Asian Economics, Spring 1991, pp. 125- 

36. 

"The Mexican Automobile Industry After Fifteen Years of Integration Policy" 

(with Lila J. Truett), Southwest Business and Economic Review, August 1981, 

pp.20-30. 

"The Demand for Life Insurance in Mexico and the United States" (with Lila J. 

Truett), Journal of Risk and Insurance, Spring 1990, pp. 321-28. 

"Philippine Economic Development and U.S. Trade Preferences" (with Lila J. 

Truett), Journal of Economic Democracy, Jan.-Mar. 1990, pp. 97-104. 

"Regions of the Production Function, Returns, and Economies of Scale" (with Lila 

J. Truett), Journal of Economic Education, Fall 1990, pp. 411-19. 

"An Intertemporal Cross Section Analysis of Economies of Scale in Mexican 

Manufacturing" (with Lila J. Truett), Growth and Change, Fall 1989. 

"Level of Development and the U. S. Generalized System of Preferences: 

Malaysia and Mexico" (with Lila J. Truett), Journal of Development Studies, 

Institute of Social Sciences, The Hague, NL, January 1989, pp. 230-43. 

"The Response of Tourism to International Economic Conditions: Greece, 

Mexico, and Spain" (with Lila J. Truett), The Journal of Developing Areas, June 

1987, pp. 65-85. 

"The Mexican Automobile Industry and International Trade," Journal of Economic 

Development (with Lila J. Truett), January 1987, pp. 177-89. 

"The Generalized System of Preferences After Seven Years: The Case of Mexico,” 

(with Lila J. Truett), The Borderlands Journal, Spring 1985, pp. 129-47. 

"The Maquiladoras: Prospects for Mexico" (with Lila J. Truett), Journal of 

Economic Development, Dec. 1984, pp. 45-65. 

"Sectoral Origins of the Mexican Trade Deficit" (with Lila J. Truett), Journal of 

Economic Development, Dec.1982, pp.19-30. 

"Public Policy and the Growth of the Mexican Tourism Industry" (with Lila J. 

Truett), Journal of Travel Research, 20 (Winter 1982), pp. 11-19.


(with Lila J. Truett), Southwest Business and Economic Review, August 1981, 

pp.20-30. 

"Mexico and GSP: Problems and Prospects" (with Lila J. Truett), Inter-American 

Economic Affairs, Autumn 1980, pp. 67-91. 

"Returns to Scale and Outlay: An Ambiguity in the Theory of Production and 

Cost" (with D. Geithman), Economia Internazionale, Maggio 1974, pp.3-13. 

"Classical Production Functions, Technical Optimality, and Scale Adjustments of 

the Firm" (with B. Roberts) American Economic Review, December 1973, 

pp.975-82. 

"The Elasticity of Expansion and Scale Adjustments of the Firm," American 

Economic Review, December 1971, pp. 962-65. 


Presentation - Business-Industrial-Professional (Remunerated) 

"Statement Before the United States Tariff Commission on Behalf of Canadian 

Superior Oil Co., Ltd., Chevron Standard, Ltd., Gulf Oil Canada, Ltd., and Shell 

Canada, Ltd.," Antidumping Investigation No. AA 1921-127, Washington, D.C., 

1973. 


Presentation - Professional or Non-Academic 

"Problems of Federal Manpower Programs," U.S. Department of Labor, 

Manpower Administration, Washington, 1970. 

"Problems of Federal Manpower Programs," U.S. Department of Labor, 

Manpower Administration, Washington, 1970. 


Speaker 

"Non-Primary Exports of African LDCs: Have Trade Preferences Helped?” (with 

Lila J. Truett), Annual Meetings, Economic History Society of Southern Africa, 

Port Elizabeth, South Africa, July, 1990. (Also presented to faculty seminar at 

University of Cape Town.) 



“The South African Textile Industry: Can It Survive?” (with Lila J. Truett) 

Western Economic Association International, Honolulu, June 2008. 

“The Mexican Textile Industry in the New International Environment,” (with Lila 

J. Truett), Western Economic Association International, Seattle, July 2007. 

“NAFTA and the Maquiladoras: Boon or Bane?” (with Lila J. Truett), Western 

Economic Association International, San Diego, July 2006. 

"NAFTA‟s Impact on the Mexican Automotive Sector" (with Lila J. Truett), 

Western Economic Association, International, San Francisco, July 2005. 

"Imports and the Spanish Automotive Industry," (with Lila J. Truett), Western 

Economic Association, International, Denver, July 2003. 

"A Cost-Based Analysis of Scale Economies in the French Auto Industry," (with 

Lila J. Truett), Western Economic Association, International, Seattle, July 2002.

"Factor Demand, Trade Liberalization, and Growth: Prospects for the New South 

Africa," (with Lila J. Truett), Western Economic Association, International, San 

Francisco, July 2001. 

"Production and Cost Characteristics of the South African Motor Vehicle 

Industry," (with Lila J. Truett), Western Economic Association, International, 

Vancouver, Canada, July 2000. 

The Demand for Imports in Italy: A Production Analysis," (with Lila J. Truett), 

Western Economic Association, International, San Diego, July, 1999. 

"The Spanish Automotive Industry: Scale Economies and Input Relationships" 

(with Lila J. Truett), Western Economic Association, International, Lake Tahoe, 

June, 1998. 

"The Korean Metals Industry and Economic Development" (with Lila J. Truett), 

Western Economic Association, International, Seattle, July, 1997. 

"The Role of the United States GSP in the Promotion of Balkan and Eastern 

Mediterranean Exports" (with Lila J. Truett), Congress of Political Economists, 

International, Pretoria, South Africa, August, 1996. 

"A Cost Function Analysis of the Australian Transportation Equipment Industry" 

(with Lila J. Truett), Western Economic Association, International, San 

Francisco, July, 1996. 



"Australian Government Policies and the Balance of Trade Performance of the 

Transportation Equipment Industry" (with Lila J. Truett), Congress of Political 

Economists, International, Seoul, January, 1995. 

"Economies of Scale in the Mexican Automotive Sector: A Translog Cost 

Function Analysis" (with Lila J. Truett), Western Economic Association, 

International, Vancouver, July, 1994. 

"An Analysis of the Export Performance of the Mexican Motor Vehicle Industry" 

(with Lila J. Truett), Congress of Political Economists, International, Sydney, 

January, 1994. 

"The Translog Cost Function and Demand for Imports: The Case of Mexico" 

(with Lila J. Truett), Western Economic Association, International, Lake Tahoe, 

June, 1993. 

"Technology and Input Demand: The Case of Mexican Steel" (with Lila J. Truett), 

Congress of Political Economists, International, Paris, January, 1993. 

"Trade Preferences and Exports of Manufactures: A Case Study of Bolivia and 

Brazil" (with Lila J. Truett), Western Economic Association, International, San 


"Mexican Maquiladora Production and Relative Wages: A Multi-Industry 

Analysis" (with Lila J. Truett), Western Economic Association, International, 

Seattle, June, 1991. 

"Trade Preferences in Southeast Asia: A Case Study of the ASEAN Group and 

Korea," (with Lila J. Truett), Annual Meetings, Congress of Political 

Economists, International, Hong Kong, January, 1990. 

"The Mexican Automobile Industry and International Trade" (with Lila J. Truett), 

North American Economics and Finance Association Meetings, Mexico City, 

July, 1984. 

"U.S. Protectionism: A New Dilemma for Mexican Development" (with Lila 

J. Truett), North American Economic Studies Association Meetings, Mexico 

City, December, 1978.

"Medium and Small Industries within the Framework of U.S.-Mexico Border 

Development Policies," Bilateral Conference on Border Industrialization, 

University of Texas at El Paso, 1975. 

"Private Investment and Urban Growth," 22nd Annual Latin American 

Conference, University of Florida, 1972. 

"Comment on Professor Kaldor," 21st Annual Latin American Conference, 

University of Florida, 1971. 



"The Italian Automotive Industry and Economies of Scale," (with Lila J. Truett), 

Southern Economic Association, New Orleans, November 1999. 

"The Demand for Imports and Economic Reform in Spain," (with Lila J. Truett), 

Southern Economic Association, Baltimore, November, 1998. 

"A Cost Function Analysis of the Mexican Nonelectrical Machinery Industry" 

(with Lila J. Truett), Southern Economic Association, Atlanta, November, 1997. 

"A Cost Function Analysis of the Mexican Petroleum Industry" (with Lila J. 

Truett), Southern Economic Association, Washington, D. C., November, 1996. 



"The Demand for Life Insurance in Mexico and the United States," (with Lila J. 

Truett), Western Economic Association Meetings, June, 1989. 

"An Intertemporal Cross-Section Analysis of Economies of Scale in Mexican 

Manufacturing" (empirical study of Mexican industrial development, with Lila 

J. Truett), Eastern Economics Association Meetings, Boston, March, 1988. 

"The Response of Tourism to International Economic Conditions" (with Lila 

J. Truett), Western Economic Association Meetings, Anaheim, CA, July, 1985. 

"The Maquiladoras: Prospects for Mexico" (with Lila J. Truett), Midwest 

Economics Association Meetings, Chicago, April, 1984. 

"An Analysis of Italy's Trade and Current Account Balances" (with Lila J. Truett), 

Western Economic Association Meetings, Seattle, WA, July, 1983. 

"Sectoral Origins of the Mexican Trade Deficit” (with Lila J. Truett), Western 

Economic Association Meetings, Los Angeles, July, 1982. 

"Government Policy and the Trade Deficit of the Mexican Motor Vehicle 

Industry” (with Lila J. Truett), Western Economic Association Meetings, San 


"Public Policy and the Growth of the Mexican Tourism Industry" (with Lila 

J. Truett), Western Economic Association Meetings, San Diego, June, 1980. 

"Government Investment and Regional Development in Mexico," Western 

Economic Association Meetings, Kailua, HI, June, 1978. 


(with Lila J. Truett), Southern Economic Association Meetings, Washington, 

D.C., November, 1978. 

"Managerial Economics and the Business Curriculum," Western Economic 

Association Meetings, Anaheim, CA, June, 1977. 

"Negro Employment in Miami," Southern Economic Association Meetings, 

Atlanta, November, 1970. 


Reviewed Regional

"The Generalized System of Preferences After Seven Years: The Case of Mexico 

(with Lila J. Truett), Southwestern Economic Association Meetings, Houston, 

March, 1983. 

"Mexico and GSP: An Update" (with Lila J. Truett), Southwestern Federation of 

Administrative Disciplines Meetings, San Antonio, March, 1980. 


Journal Article in a Trade Journal 

"Managerial Economics: A Neglected Area in the Business Curriculum," 

Collegiate News and Views, Fall 1979, pp.19-25. 

Other Publications - Newspaper, Newsletter, Magazine - Newsletter 

Article 

"Economic Perspectives: Structural Inflation in Industrialized Countries," 

Caribbean Review, Jan./Feb./Mar. 1975, pp. 5-6. 

"Economic Perspectives: The New Economics of the Caribbean," Caribbean 

Review, Oct./Nov./Dec. 1974, pp.5-7. 

"Creeping Mexicanization," Caribbean Review, Jul./Aug./Sept. 1974, pp. 19-24. 

Other Publications - Technical Report - Corporation 

"Prospects for Increasing U.S. Exports to Mexico of Metal Shredding Equipment 

and Metallic Scrap" (with Lila J. Truett for Texas Shredder, Inc.), 1992. 

"Market Analysis of Prospects for Exports of Cement from Mexico" (with 

P. Barrientos for AHMSA International Steel), 1981. 

"Effects of U.S. Government Trade and Monetary Policies on Wool Prices" 

(corporate sponsor), 1975. 

"An Evaluation of the Lukens Steel Study of U.S. Ferrous Scrap Supply and 

Demand” (corporate sponsor), 1974. 

"Effects of U.S. Ferrous Scrap Export Quota Policy on the Mexican Steel 

Industry" (corporate sponsor), 1974. 

"Elemental Sulphur from Canada" (corporate sponsors), report entered into the 

record at U.S. Tariff Commission Hearing No. AA 1921-127, September 1973. 

Other Publications - Technical Report - Government 

"Cuban Immigration and Black Employment in Miami," Office of Manpower 

Policy, Evaluation, and Research, U.S. Department of Labor, 1971. 

"A Survey of the Cuban Economy," U.S. Department of Defense and University of 

Texas at Austin, 1965. 



2006 - 2010 Member College of Business Member, M.B.A. Graduate Program Committee. 



2009 - 2010 Member University of Texas at 


Member of the Department of Economics 

Periodic Performance Evaluation Review 

committee, Fall 2009 and Fall 2010. 

2006 - 2010 Member Department of Economics Member, Department of Economics Faculty 

Advisory Committee 

1976 - 2010 Member Department of Economics Member, Department of Economics Faculty 

Review Advisory Committee 

Service: Governance/Committees - University Service


Faculty University of Texas at 

Marshall San Antonio 

05/2009 - 

05/2010 

Faculty Marshall, Commencement, May 2009 and 

May 2010. 





1978 - 2010 Member Member, Western Economic Association 


1967 - 2010 Member Member, American Economic Association 



2005 - 2009 Awards College of Business Summer Research Grant, 1993, 2005-2009 

1996 - 1997 Awards Advisory Council Research Award, UTSA College of Business, 1996- 

1997 

1996 Awards Faculty Development Research Leave, The University of Texas at San 

Antonio, Fall 1996 

1993 - 1994 Awards Advisory Council Research Award, UTSA College of Business, 1993- 

1994 

1969 Awards University of Florida, Center for Latin American Studies Faculty 

Research Grant, 1969 

1968 Awards University of Florida, Social Sciences Council Research Grant, 1968 

1965 - 1967 Awards National Defense Foreign Language Fellowships, University of Texas 

at Austin, 1965, 1966, 1967 



1970 - 1971 Scientific Advisory Gulf Universities Research 

Panelist Consortium 


Scientific Advisory Panelist, Gulf 

Universities Research Consortium 

(National Science Foundation 

Proposal), 1970-1971 


2001 - 2003 Consultant City Public Service, San 


Consultant, CityPublic 

Service, San Antonio,reeconomic 

impact of power outage 

inintegrated circuit manufacturing 

1992 - 1999 Consultant Hunt, Hermansen, 

McKibben, and English 

1991 - 1992 Principal 


plant, 2001-2003. 

Consultant, Hunt, Hermansen, 

McKibben, and English, re 

business litigations, 1992-1999 

U.S. Department of Principal Investigator (with Lila J. 

Education and UTSA College Truett), "Prospects for Increasing 

of Business 

U.S. Exports to Mexico of Metal 

Shredding Equipment and Metallic

1989 - 1991 Consultant Green and McReynolds, 

Attorneys 

Scrap." (Investigation under Title 

VI-B Grant, U.S. Department of 

Education and UTSA College of 

Business), 1991-1992 

Consultant, Green and 

McReynolds, Attorneys, re 

litigations related to business 

disputes, 1989-1991 

1987 - 1988 Consultant Shannon and Weidenbach Consultant, Shannon and 

Weidenbach, re corporate matter 

involving antitrust issues, 1987- 

1988 

1987 Consultant Green and McReynolds, 

Attorneys 

Consultant, Green and 

McReynolds, Attorneys re 

litigation related to business 

service interruption, 1987 

1981 Consultant AHMSA Steel International Consultant, AHMSA Steel 

International (evaluation of joint 

venture by Clemsa of Mexico and 

Creusot Loire of France), 1981 

1981 Consultant Foster and Associates, 

Attorneys 

Consultant, Foster and Associates, 

Attorneys (expert witness on 

behalf of Uriarte Texas 

Corporation in a labor dispute), 

1981 

1977 Consultant MMR Corporation Consultant, MMR Corporation, re 

litigation of economic damages 

under Texas Fair Trade Practices 

Act, 1977 

1975 - 1976 Principal 


U.S. Department of 

Commerce 

Principal Investigator (with 

Antonio Furino), Feasibility Study 

for a Mexico/U.S. Bilateral Trade 

Center (U.S. Department of 

Commerce, OMBE), 1975-1976 

1975 - 1976 Consultant McGown and McClanahan Consultant, McGown and 

McClanahan, Attorneys, re 

antitrust ligigation in cement and 

concrete industries, 1975-1976 

1975 Consultant Southers, Lyons, and 

Goldberg, Attorneys 

1975 Consultant Mexican Institute for Foreign 

Trade 

Consultant, Southers, Lyons, and 

Goldberg, Attorneys, re antitrust 

litigation in the garment industry, 

1975 

Consultant, Mexican Institute for 

Foreign Trade (IMCE), Workshop 

on Foreign Investment in Mexico,

1975 Consultant James F. Gardner and 

Associates 

1975 

Consultant, James F. Gardner and 

Associates, re litigation before 

Defense Board of Contract 

Appeals, 1975 

1974 Consultant Altos Hornos de Mexico Consultant, Altos Hornos de 

Mexico (AHMSA International), 

re U.S. Government Export Quota 

Policy, 1974 

1973 Consultant Arnold and Porter, 

Washington, D.C. 

1970 - 1971 Consultant American Hotel and Motel 


Consultant, Arnold and Porter, 

Washington, D.C. (expert witness 

on behalf of Canadian sulphur 

producers in U.S. Tariff 

Commission Antidumping 

Investigation No. AA 1921-127), 

1973 

Consultant, American Hotel and 

Motel Association (with Gerald 

Lattin), 1970-1971 

1968 - 1971 Consultant U.S. Department of Labor Consultant, Negro Employment in 

the South Project (F. Ray 

Marshall, Project Director), U.S. 

Department of Labor, 1968-1971 

1970 Consultant United Nations Industrial 

Development Organization 

Consultant, Strategies for 

Industrial Development in Latin 

America, United Nations 

Industrial Development 

Organization (UNIDO), 1970 

1967 Consultant Twentieth Century Fund Consultant, Economic 

Development of the Southwest 

Project (Director, F. Ray 

Marshall), Twentieth Century 

Fund, 1967

Jose Vazquez 

Address 







2001 Doctor of Philosophy Economics Rensselaer Polytechnic 

Institute 

1999 Master of Arts Economics Rensselaer Polytechnic 

Institute 

1994 Bachelor of Arts Political Science University of Puerto 

Rico San Juan 


• "Running Classroom Experiments in a Large Enrollment Economics Course,” Journal of Economic 

Education. 2010 

• “The Distribution of Socio-economic and Ecological Effects of Tourism: a Structural Analysis of 

the Lake George Watershed Region,” Annals of Tourism Research. 2009 

• “The production of Mathematical Problems: a Diminishing Marginal Returns Experiment 

specifically designed for a Large Enrollment Economics Course,” (2008) International Review of 

Economics Education.

Kenneth Weiher 

Address 






BB 4.01.10 


Work Phone : (210)458-5315 

Work Fax : (210)458-5837 

Work Email : ken.weiher@utsa.edu 



1975 Doctor of Philosophy Economics Indiana University, 

Bloomington 

1971 Bachelor of Arts Economics College of William and 

Mary 



1981 - Present The University of Texas at Associate Professor 





1972 - 1975 Indiana University Associate 

Instructor 



2002 - Present University of Texas at San 


Teaching Area of Interest 

Chair -- 



Aggregate Economic Analysis 

Economic History of the United States 

Evolution of Economic Thought 

Money and Banking 

Economics of Public and Social Issues 

Introductory Macroeconomics and Microeconomics 

Research Interests 

U.S. Economic History 

Department Chair, June, 2002 – 

present.


Book - Reference Work 

America's Search for Economic Stability: Monetary and Fiscal Policy Since 

1913. New York: Twayne Publishers-MacMillan, 1992. A 241-page 

bibliographical review and analysis of government stabilization policy in the 

twentieth century, beginning with the establishment of the Federal Reserve in 

1913. Includes bibliographic essays. 

Book - Textbooks 

Macroeconomics: Aggregate Theory and Policy. St. Paul, Minn.: West 

Publishing, 1986. A 593-page macroeconomics textbook designed for 

intermediate undergraduate and MBA courses. 

Journal Publications 

With Hamid Beladi, “Globalization and Wage Stagnation: Historical and 

Theoretical Perspectives,” Asia-Pacific Journal of Accounting & Economics, 18 

(August 2011): 201-11. 

With Hamid Beladi and Sugata Marjit, “An Analysis of Demand for Skill in a 

Growing Economy,” Economic Modeling, 28 (July 2011): 1471-1474. 

“The Decline of the Federal Debt: Life Without Hamilton’s Blessing?” Essays in 

Economic and Business History 20 (2002): 199-214. 

“The Rise and Fall of Glass-Steagall.” Essays in Economic and Business History 

19 (2001): 209-223. 

"Stock Prices, 1900-1995: The Real and Nominal Story." Essays in Economic and 

Business History 18 (2000): 183-95. 

"Gold Prices and Inflation, 1900-1995: The Real Story." Essays in Economic and 


"Strike Jordan Strike: An Historical Comparison of American Slavery and Labor 

Relations in Baseball." Essays in Economic and Business History 14 (1996): 509- 

23. 

"The Federal Reserve's Endless Search for a Policy Target." Essays in Economic 

and Business History 13 (1995): 319-34. 

"Misconceptions in U. S. Macroeconomic History." Essays in Economic and 


"Macroeconomic Causes and Consequences of Major Stock Market Reversals: An 

Historical Study." Essays in Economic and Business History 7 (1989): 124-139. 

"Real Interest Rates and Economic Contraction: A Comparison of the 1982 

Recession and Other Great 

Contractions." Essays in Economic and Business History 4 (1986): 225-234. 

"Depression or Deflation: A Comparison of the 1930's and the 1840's." Essays in 

Economic and Business History 2 (1981): 259-267.

"Slavery and Southern Urbanization: A Reformulation of the Argument." Essays 

in Economic and Business History 1 (1979): 259-67. 

"The Cotton Industry and Southern Urbanization, 1880-1930." Explorations in 

Economic History 14 (1977): 120-40. 

"Central Place Theory and Southern Urbanization." The Review of Regional 

Studies 6 (1976): 62-77. 


Regional 


Recession and Other Great Contractions." Presented to the Southwestern Society 

of Economists in New Orleans, Louisiana (1985) 



"The Decline of the Federal Debt: Life Without Hamilton’s Blessing.” Presented 

to the Economic and Business Historical Society in Albany, New York (2001). 

"The Rise and Fall of Glass-Steagall.” Accepted on the program of the Economic 

and Business Historical Society meetings in San Diego, California (2000). 

"Gold Prices and Inflation, 1900-1995." Presented to the Economic and Business 

Historical Society in Richmond, Virginia (1997). 

"Inflation and Stock Prices, 1900-1995: The Real Story." Presented to the 

Economic and Business Historical Society in Savannah, Georgia (1996). 

"Strike Jordan Strike: An Historical Comparison of American Slavery and Labor 

Relations in Baseball." Presented to the Economic and Business Historical 

Society in Boulder, Colorado (1995). 

"The Federal Reserve's Endless Search for a Policy Target." Presented to the 

Economic and Business Historical Society in Santa Fe, New Mexico (1994). 

"Misconceptions in U. S. Macroeconomic History," Presented to the Economic 

and Business Historical Society in Houston (1991). 

"Macroeconomic Causes and Consequences of Stock Market Reversals: An 

Historical Study." Presented to Economic and Business Historical Society in 

Toronto, Ontario (1998). 


Recession and Other Great Contractions." Presented to the Economic and 

Business Historical Society in San Antonio, Texas (1983). 

"Depression or Deflation: A Comparison of the 1930's and the 1840's." Presented 

to the Economic and Business Historical Society in Los Angeles, California 

(1979). 

"The Impact of Slavery and the Plantation System on Southern 

Urbanization." Presented to the Economic and Business Historical Society and 

the Southwest Social Science Association in Denver, Colorado (1977).



"Depression or Deflation: A Comparison of the 1930's and the 1840's." Presented 

to the Southwestern Federation of Administrative Disciplines in Houston, Texas 

(1979). 

"Central Place Theory and Southern Urbanization." Presented to Southern 

Regional Science Association in Richmond, Virginia (1976). 

Other Publications - Electronic/Web Article - Electronic/Web 

Book review: Jerry W. Markham, A Financial History of the United States. 

Armonk, NY: M.E. Sharpe, 2002. Volume 1: xxii + 437 pp.; Volume 2: xx + 412 

pp.; Volume 3: xx + 449 pp. $349.00 (cloth), ISBN: 0-7656-0730-1. Reviewed 

for EH.NET. 



1993 - Present Chair Probation and Reinstatement Committee, 

Chair, 1993 - present. 

04/2009 Panel member Panel Discussion on Financial Crisis, 

November 2008, April 2009 

2004 Chair Faculty Development Leave Committee, 

Chair, 2004. 

2003 Richard Liu Program Interview 

Committee that visited China in March 

2003. 

2002 Chair University Ad Hoc Committee on 

Scheduling Solutions, Chair, 2002. 

2001 - 2002 Undergraduate Programs Committee, 

2001-02. 



2006 University Ad Hoc Course Demand 

Software Group, 2006 



07/2009 Presenter North SA Chamber of 

Commerce 


Seminar on Macroeconomics for North 

SA Chamber of Commerce, July 2009, 

June 2008. 


10/2009 Chair Department of 


Served as substitute teacher in Scott 

Metzger's class when he was ill with

H1N1. 

07/2009 Organizer/Moderator Panel Discussion: “What Would Milton 

Friedman Think.” July 2009 



06/2010 Presenter Humanities Texas 

Teacher Enrichment 

Institute 

Presented workshop on U.S. Economic 

History. 



2002 Awards UTSA College of Business Advisory Council Lou Curry Teaching 

Excellence Award, 2002. 

1995 Awards UTSA College of Business Advisory Council Teaching Award, 1994- 

95, 1991-92, 1987-88. 

1995 Awards UTSA President's Distinguished Achievement Award for Teaching 

Excellence, 1995. 

1990 Awards University of Texas Chancellor's Council Outstanding Teaching 

Award, 1989-90. 

1987 Awards UTSA University Life Award, Outstanding Faculty Member of the 

Year, 1987. 

1975 Awards Best Instructor, Indiana University, Department of Economics, 1974- 

75.

Address 






BB 4.02.28 


Work Phone : (210)458-5308 

Richard Welch 

Work Email : richard.welch@utsa.edu 



1972 Doctor of Philosophy Social Science Syracuse Univ Main 

Campus 

1968 Master of Arts Economics Syracuse Univ Main 

Campus 

1961 Bachelor of Arts Economics Michigan State 




2000 - Present UTSA Lecturer III 

1983 - 1984 Trinity University Lecturer of 


1966 - 1969 Syracuse University Teaching Assistant 


Large sections of undergraduate microeconomics courses. 

Book or Segment of Book - Book - Editor of Book or Book Series or 

Journal 

ACADEMIC ACHIEVEMENT OF MEXICAN AMERICAN STUDENTS: THE 

EDGEWOOD SCHOOL PLAN., Richard O. Welch, Published by D.C. 

Development Associates, Inc. for internal use, 1977. 



2011 - Present Quantitative Senior Investigator 

Enhancement Plan 

1995 Fulbright-Hays for 

Study and Travel in

China 




1968 - 2002 Member American Economic 


1978 - 1985 Member Society For International 

Development 

1978 - 1982 Member American Institute of 

American Consultants 



05/2005 Awards Awarded the President's Distinguished Achievement Award for Core 

Curriculum Teaching - NNT. 



President Established Richard O. 

Welch & Associates, an 

economic consulting firm 

serving small business clients 

in South Texas. 

06/1977 - 

06/1985 

11/1972 - 

06/1977 

Research and 

Evaluation Analyst 

Development Associates Inc., 

Washington, D.C. (San 

Antonio Office)

Address 






BB 4.02.70 


Work Phone : (210)458-5398 

Su Zhou 

Work Email : su.zhou@utsa.edu 



1991 Doctor of Philosophy Economics Arizona State University 

1988 Master of Science Economics Arizona State University 



2004 UTSA Professor 




"Time series behavior of the short-term real interest rates in industrial countries." – 

submitted to Applied Economics. 

Zhou, Su and Ali M. Kutan. "Is the Evidence for PPP Reliable? A Sustainability 

Examination of the Stationarity of Real Exchange Rates." Journal of Banking and 

Finance, forthcoming. 

Zhou, Su. "Nonlinear Stationarity of Real Interest Rates in the EMU Countries." 

Journal of Economic Studies (2011, forthcoming). 

“Nonlinearity and stationarity of inflation rates: Evidence from the euro-zone 

countries,” Applied Economics, forthcoming. 

Bahmani-Oskooee, Mohsen, Ali M. Kutan, and Su Zhou. "Black and Official 

Market Exchange Rates and Purchasing Power Parity: Evidence from Latin 

America." Applied Economics Letters 17(15), October 2010, pp. 1453-1459.

Bahmani-Oskooee, Mohsen, Ali M. Kutan, and Su Zhou. "Toward Solving the 

PPP Puzzle: Evidence from 113 Countries." Applied Economics 41, November 

2009, pp. 3057-3066. 

Bahmani-Oskooee, Mohsen, Ali M. Kutan, and Su Zhou. "A Century of PPP: 

Supportive Results from Nonlinear Unit Root Tests." Global Business and 

Economics Review 11(1), 2009, pp. 19-27. 

Kutan, Ali M. and Su Zhou. "Enlargement of the European Union and Behavior 

of Real Exchange Rates." Review of Development Economics 12(3), August 

2008, pp. 550–561. 

Zhou, Su, Mohsen Bahmani-Oskooee, and Ali M. Kutan. "Purchasing Power 

Parity before and after the Adoption of the Euro." Weltwirtschaftliches Archiv. 

(Review of World Economics) 144(1), April 2008, pp. 134-150. 

Bahmani-Oskooee, Mohsen, Ali M. Kutan, and Su Zhou. "Do Real Exchange 

Rates Follow a Non-Linear Mean Reverting Process in Developing Countries?" 

Southern Economic Journal 74(4), April 2008, pp. 1049-1062. 

Zhou, Su. "Stationarity of Asian-Pacific Real Exchange Rates." Economics Letters 98, 

January 2008, pp. 16–22. 

Bahmani-Oskooee, Mohsen, Ali M. Kutan, and Su Zhou. "A Century of Purchasing Power 

Parity: Further Evidence." Economics Bulletin, Vol. 6, No. 31, August 2007, pp. 1-9. 

Zhou, Su. "The Dynamic Relationship between the Federal Funds Rate and 

the Eurodollar Rates under Interest-Rate Targeting." Journal of Economic 

Studies 34(2), 2007, pp. 90-102.

Bahmani-Oskooee, Mohsen, Ali M. Kutan, and Su Zhou. "Testing PPP in the Non-linear 

STAR Framework." Economics Letters 94, January 2007, pp. 104-110. 

Brada, Josef C., Ali M. Kutan, and Su Zhou. "Real and Monetary Convergence between the 

European Union's Core and Recent Member Countries: A Rolling Cointegration Approach." 

Journal of Banking and Finance 29, January 2005, pp. 249-270. 

Zhou, Su and Ali M. Kutan. "Does the forward premium anomaly depend 

on the sample period used or on the sign of the premium?" International 

Review of Economics and Finance 14(1), 2005, pp. 17-25. 

Kutan, Ali M. and Su Zhou. "Has the Link between the Spot and Forward 

Exchange Rates Broken Down?" Open Economies Review 14, October 

2003, pp. 369-379. 

Zhou, Su. "Interest Rate Linkages within the European Monetary System: 

New Evidence Incorporating Long-run Trends." Journal of International 

Money and Finance 22, August 2003, pp. 571-590. 

Zhou, Su. "Evidence on the Stationarity of ERM Exchange Rates." Applied 

Economics Letters 10, March 2003, pp. 231-233. 

Zhou, Su. "The Forward Premium Anomaly and the Trend Behavior of the 

Exchange Rates." Economics Letters 76, July 2002, pp. 273-279. 

Zhou, Su. "The Power of Cointegration Tests Versus Data Frequency and 

Time Spans." Southern Economic Journal 67, April 2001, pp. 906-921. 

Zhou, Su. "Testing Structural Hypotheses on Cointegration Relations with Small Samples." 

Economic Inquiry 36, October 2000, pp. 629-640.

Zhou, Su. "Exchange Rate Systems and Linkages in the Pacific Basin." 

Atlantic Economic Journal 26, March 1998, pp. 66-84. 

Zhou, Su. "Purchasing Power Parity in High-Inflation Countries: A Cointegration Analysis of 

Integrated Variables with Trend Breaks." Southern Economic Journal 64, October 1997, pp. 

450-467. 

Mahdavi, Saeid and Su Zhou. "Gold and Commodity Prices as Leading 

Indicators of Inflation: Tests of Long-Term Relationship and Predictive 

Performance." Journal of Economics and Business 49, September/October 

1997, pp. 475-489. 

Hafer, Rik W., Ali M. Kutan, and Su Zhou. "International Linkages in the 

Term Structure of Interest Rates: Evidence from the EMS." Journal of 

International Money and Finance 16, August 1997, pp. 595-607. 

Brada, Josef C., Ali M. Kutan, and Su Zhou. "The Exchange Rate and the Balance of Trade: 

The Turkish Experience." Journal of Development Studies 33, June 1997, pp. 675-692. 

Zhou, Su, Lila Truett, and Dale Truett. "The Relations Among Canadian, 

Mexican, and United States Short-Term Money Market: A Pre-NAFTA 

Analysis." Journal of Economic Integration 11, September 1996, pp. 268- 

299. 

Zhou, Su. "Trade Connections and Interest Rate Linkages Among ASEAN, Japan, and the 

U.S." Applied Economics 28, May 1996, pp. 617-630. 

Zhou, Su and Saeid Mahdavi. "Simple vs. Generalized Empirical Interest Rate and 

Purchasing Power Parity Models of Exchange Rates." Quarterly Review of Economics and 

Finance 36, Summer 1996, pp. 197-218.

Zhou, Su. "The Response of Real Exchange Rates to Various Economic 

Shocks." Southern Economic Journal 61, April 1995, pp. 936-954. 

Kutan, Ali M. and Su Zhou. "Socio-Political Instability, Volatility, and the Bid- 

Ask Spread: Evidence from Free Market for Dollars in Poland." Open 

Economies Review 6, July 1995, pp. 225-236. 

Mahdavi, Saeid and Su Zhou. "Purchasing Power Parity in High-Inflation Countries: Further 

Evidence." Journal of Macroeconomics 16, Summer 1994, pp. 403-422. 

Brada, Josef C., Ali M. Kutan, and Su Zhou. "China's Exchange Rate and Balance of Trade." 

Economics of Planning 26, 1993, pp. 229-242. 

Kutan, Ali M. "Political Turmoil and Financial Market Behavior in Reforming 

Market-Oriented Economies: The Case of Poland." Applied Economics 25, 

June 1993, pp. 759-763. 

Zhou, Su. "Fundamental Equilibrium Exchange Rates and Exchange Rate Dynamics." Open 

Economies Review 4, April 1993, pp. 189-209. 

Melvin, Michael and Su Zhou. "Do Centrally Planned Exchange Rates 

Behave Differently from Capitalist Rates?" Journal of Comparative 

Economics 13, June 1989, pp. 325-334. 


1 paper was presented at the Western Economic Association International Annual 

Meetings, Portland, Oregon, July 2010. 


Meetings, Vancouver, Canada, June 2009.

1 paper was presented at the Western Economic Association International Annual Meetings, 

Seattle, July 2007. 

1 paper was presented at the Western Economic Association International Annual Meetings, San 

Diego, July 2006. 

1 paper was presented at the Western Economic Association International Annual Meetings, San 

Francisco, July 2005. 




Denver, July 2003. 

1 paper was presented at the Southern Economic Association Annual Meetings, New 

Orleans, November 2002. 


Meetings, Seattle, July 2002. 

1 paper was presented at a joint session of the Association for Comparative Economic 

Studies and American Economic Association, Allied Social Science Associations Annual 

Convention, Atlanta, January 2002. 


San Francisco, July 2001.




San Diego, July 1999. 


Lake Tahoe, July 1998. 

1 paper was presented at the Southern Economic Association Annual Meetings, Atlanta, 


1 paper was presented at the Atlantic Economic Society Annual Meetings/Allied Social 

Science Associations Annual Convention, New Orleans, January 1997. 

1 paper was presented at the Atlantic Economic Society Annual Meetings/Allied Social 

Science Associations Annual Convention, San Francisco, January 1996. 

3 papers were presented at the Southern Economic Association Annual Meetings, New 


2 papers were presented at the Atlantic Economic Society Annual Meetings and at the 

Middle East Economic Association Annual Meetings/Allied Social Science Associations 

Annual Convention, Washington, D.C., January 1995. 

3 papers were presented at the Southern Economic Association Annual Meetings, Orlando, 


2 papers were presented at the American Economic Association Annual Meetings and at the 

annual meetings of the Chinese Economic Association in North America/Allied Social 

Science Associations Annual Convention, Boston, January 1994. 

3 papers were presented at the Southern Economic Association Annual Meetings, New 


1 paper was presented at the Southwestern Economic Association Annual Meetings, New 

Orleans, March 1993.

2 papers were presented at the Southern Economic Association Annual Meetings, 

Washington, D.C., November 1992. 



2010 COB, UTSA Principal Is the evidence for PPP reliable? 


2009 COB, UTSA Principal 


Convergence and stationarity of inflation 

rates in the EU countries 



1999 - Present Chair MA-Economics 

Admission and 

Reinstatement Committee 

/ Department of 

Economics, COB, UTSA 

2010 Member Periodic Performance 

Evaluation Committee / 



1999 - 2010 Secretary MA-Economics Graduate 

Studies Committee / 



2009 Member Oral comprehensive 

examination committees, 


/ COB, UTSA 

2008 Member Oral comprehensive 

examination committees, 


/ COB, UTSA 

Reviewed student application files and 

made admission decisions promptly. 

Carefully reviewd the files and 

participated in the committee meeting and 

discussions for two required post-tenure 

performance reviews 

Participated in the committee meeting and 

discussions for the development of MA- 

Economics program and wrote meeting 

minutes. 

Served on the M.A. in Economics oral 

comprehensive examination committees 

(with Drs. Edgar Ghossoub and Lila 

Truett), for Charles Dodd, Alina Tennie, 

Tobin Scroggins, and Freeman Field, in 

March and November 2009. 

Served on the M.A. in Economics oral 

comprehensive examination committees 

(with Drs. Edgar Ghossoub and Lila 

Truett), for Crystal Braun and Charles Dodd in 

December 2008 

2008 Chair Department Periodic 

Performance Evaluation 

Committee/ Department 

Organized a committee meeting and discussions 

and wrote the report for a required post-tenure

of Economics, COB, 

UTSA 

2008 Member Search Committee / 




performance review 

Attend the sessions for recruitment training, 

review hundreds of application files, participate in 

the committee meetings and discussions for the 

selection of the candidates, interview the 

candidates during their campus visits, and make 

committee recommendation to the College Dean 

and the Department Chair for the best-qualified 

candidate for the position 


2007 - 2008 Member University Review 

Committee, UTSA 

Reviewed the recommendation memo from the 

Department Faculty Search Committee and the 

candidate's vitae and made recommendation with 

comments to the Provost 




2009 - 2010 Member Dissertation Committee, 

Department of Finance / 

COB, UTSA 



COB, UTSA 



COB, UTSA 

Served as an outside member of the 

dissertation committee for Jun Chen 


dissertation committee for Zi Ning. 


dissertation committee for Biqing Huang. 


Journal 


2009 - Present Member - Present Editorial Board of 

Economic Systems 

Review the manuscripts submitted to 

the journal and the referee reports on 

the manuscripts, and make publication 

recommendations to the editor. 


Journals 


04/2010 Referee Emerging Markets 

Finance and Trade 

Provided a referee report on the 

manuscript entitled "On the dollar 

forward premium of Chinese 

Renminbi" in April 2010.

11/2009 Referee Journal of Economic 

Studies 

05/2009 Referee Journal of Economic 

Studies 

07/2008 Referee Journal of International 

Money and Finance 

05/2008 Referee Comparative Economic 

Studies 

03/2008 Referee German Economic 

Review 


manuscript entitled "Response of the 

long-term interest rate to the 

government deficit in Italy: application 

of an extended loanable funds model” 

in November 2009. 


manuscript entitled "Non-stationarity 

and Non-linearity in Inflation Rates: 

Evidence from 11 OECD Countries” in 

May 2009. 

Provided a referee report on the manuscript 

entitled "Interest Rate Linkages in EMU 

Countries: A Rolling Threshold Vector Error- 

Correction Approach” in July 2008. 


entitled "Examining the Currency Basket Regime 

for China” in May 2008. 


entitled "Interest Rates Linkages between France, 

Germany and the US: Econometric Evidence for 

the 'German Dominance Hypothesis' ” in March 

2008. 

Service: Professional, Editorial, Community - Other Service – 

International, National, State, or Local (Non University) (Not Based on 

Professional Expertise) 


2009 - Present Member - Present Board of Directors of Involved in organizing association 

the San Antonio Chinese activities, such as San Antonio Chinese 

Students and Scholars 


chorus practices and performances, 

Asian Festival activities, Chinese 

Spring Festival celebrations, Mid- 

Autumn moon festival, etc. as well as 

joint activities with the San Antonio 

Chinese Professionals Association, such 

as professional meetings and seminars 

for San Antonio Chinese scholars and 

students.

Economics - AACSB - The University of Texas at San Antonio

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