11/20/2012 04:02 PM
BATON ROUGE – R. Carter Hill, Ourso Family Professor of Econometrics and Thomas Singletary
Professor of Economics, co-wrote a paper with former LSU Professor of Economics Robert
E. Martin that recently hit the top 10 download list in the economics section of the
Social Science Research Network, or SSRN, website. By Nov. 4, the paper had been downloaded
563 times. It was also cited in Jenny Rogers’ article “Administrative Bloat: How Much
Is Enough?” in the Chronicle of Higher Education.
The paper, “Measuring Baumol and Bowen Effects in Public Research Universities,” examines
the link between costs for students and public research universities and staffing
ratios. According to the paper’s abstract, a staffing ratio of three tenured professors
for every full-time administrator, along with shared governance, is optimal to lower
costs. After analyzing this effect, Hill and Martin’s “results suggest two thirds
of the real cost changes between 1987 and 2008 are due to weak shared governance and
serious agency problems among administrators and boards.”
According to its website, the SSRN is devoted to the rapid worldwide dissemination
of social science research and is composed of a number of specialized research networks
in each of the social sciences.
The Department of Economics at LSU’s E. J. Ourso College of Business offers courses that provide undergraduate and graduate students an intellectual challenge and strong analytic training and the tools to address the economic and social problems faced both domestically and internationally. The faculty’s dedication to quality teaching and research is reflected by numerous awards received and peer-reviewed scholarly articles published in high-quality economic journals. The Journal of Labor Research and the Journal of Macroeconomics, two highly regarded academic journals, are edited within the department. For more information, visit www.business.lsu.edu/economics or call 225-578-5211.
Posted on Tuesday, November 20, 2012