Nothing Special   »   [go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/a/eee/ecoedu/v32y2013icp219-233.html
   My bibliography  Save this article

Pomp and circumstance: University presidents and the role of human capital in determining who leads U.S. research institutions

Author

Listed:
  • Singell, Larry D.
  • Tang, Hui-Hsuan
Abstract
While there is wide agreement that leaders matter, little is known regarding the role that human capital plays in determining who becomes one. We exploit unique attributes of the higher education industry to examine if training and academic ability affect the placement of university presidents within the research hierarchy of U.S. institutions. The analysis uses two data sets drawn from the American College President Survey conducted over three decades and a digitized sample of 212 curriculum vitae for presidents at top U.S. universities in 2009, to model the factors that determine who among the pool of university presidents places at Carnegie-classified research institutions. The findings suggest the rise to the presidency of a research institution depends on the investments in research-specific human capital over the entire course of a career consistent with prior evidence that the knowledge of the research enterprise is critical to the success of such institutions.

Suggested Citation

  • Singell, Larry D. & Tang, Hui-Hsuan, 2013. "Pomp and circumstance: University presidents and the role of human capital in determining who leads U.S. research institutions," Economics of Education Review, Elsevier, vol. 32(C), pages 219-233.
  • Handle: RePEc:eee:ecoedu:v:32:y:2013:i:c:p:219-233
    DOI: 10.1016/j.econedurev.2012.10.005
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0272775712001410
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.econedurev.2012.10.005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Caligiuri, Paula & Tarique, Ibraiz, 2009. "Predicting effectiveness in global leadership activities," Journal of World Business, Elsevier, vol. 44(3), pages 336-346, July.
    2. Ronald G. Ehrenberg, 2002. "Studying Ourselves: The Academic Labor Market," NBER Working Papers 8965, National Bureau of Economic Research, Inc.
    3. Charles T. Clotfelter & Michael Rothschild, 1993. "Studies of Supply and Demand in Higher Education," NBER Books, National Bureau of Economic Research, Inc, number clot93-1.
    4. Michael Rothschild & Lawrence J. White, 1993. "The University in the Marketplace: Some Insights and Some Puzzles," NBER Chapters, in: Studies of Supply and Demand in Higher Education, pages 11-42, National Bureau of Economic Research, Inc.
    5. Clotfelter, Charles T. & Rothschild, Michael (ed.), 1993. "Studies of Supply and Demand in Higher Education," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226110547, September.
    6. Goodall, Amanda H., 2009. "Highly cited leaders and the performance of research universities," Research Policy, Elsevier, vol. 38(7), pages 1079-1092, September.
    7. McDowell, John & Singell Jr., Larry D. & Stater, Mark, 2009. "Congratulations or condolences? The role of human capital in the cultivation of a university administrator," Economics of Education Review, Elsevier, vol. 28(2), pages 258-267, April.
    8. Andrew J. Oswald, 2007. "An Examination of the Reliability of Prestigious Scholarly Journals: Evidence and Implications for Decision‐Makers," Economica, London School of Economics and Political Science, vol. 74(293), pages 21-31, February.
    9. Dreher, Axel & Lamla, Michael J. & Lein, Sarah M. & Somogyi, Frank, 2009. "The impact of political leaders' profession and education on reforms," Journal of Comparative Economics, Elsevier, vol. 37(1), pages 169-193, March.
    10. Mixon Jr, Franklin G. & W. McKenzie, Russell, 1999. "Managerial tenure under private and government ownership: the case of higher education," Economics of Education Review, Elsevier, vol. 18(1), pages 51-58, February.
    11. Webster, Thomas J., 2001. "A principal component analysis of the U.S. News & World Report tier rankings of colleges and universities," Economics of Education Review, Elsevier, vol. 20(3), pages 235-244, June.
    12. Ehrenberg, Ronald G. & Jakubson, George H. & Martin, Mirinda L. & Main, Joyce B. & Eisenberg, Thomas, 2012. "Diversifying the faculty across gender lines: Do trustees and administrators matter?," Economics of Education Review, Elsevier, vol. 31(1), pages 9-18.
    13. Cornell, Bradford, 2004. "Compensation and recruiting: private universities versus private corporations," Journal of Corporate Finance, Elsevier, vol. 10(1), pages 37-52, January.
    14. Van Kolpin & Larry Singell Jr., 1997. "Asymmetric information, strategic behavior, and discrimination in the labor market," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(1), pages 175-184.
    15. Benjamin F. Jones & Benjamin A. Olken, 2005. "Do Leaders Matter? National Leadership and Growth Since World War II," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(3), pages 835-864.
    16. Coates, Dennis & Humphreys, Brad R, 2002. "The Supply of University Enrollments: University Administrators as Utility Maximizing Bureaucrats," Public Choice, Springer, vol. 110(3-4), pages 365-392, March.
    17. Cunningham, Brendan M., 2009. "Faculty: Thy administrator's keeper? Some evidence," Economics of Education Review, Elsevier, vol. 28(4), pages 444-453, August.
    18. Monks, James, 2007. "Public versus private university presidents pay levels and structure," Economics of Education Review, Elsevier, vol. 26(3), pages 338-348, June.
    19. Monks, James & Robinson, Michael, 2000. "Gender and Racial Earnings Differentials in Academic Labor Markets," Economic Inquiry, Western Economic Association International, vol. 38(4), pages 662-671, October.
    20. William J. Moore & Robert J. Newman & Geoffrey K. Turnbull, 2003. "Internal Markets for Department Chairs: Comparative Advantage, Life-Cycle, and Jury Duty," Journal of Labor Research, Transaction Publishers, vol. 24(4), pages 669-682, October.
    21. Christopher N. Avery & Mark E. Glickman & Caroline M. Hoxby & Andrew Metrick, 2013. "A Revealed Preference Ranking of U.S. Colleges and Universities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(1), pages 425-467.
    22. John M. McDowell & Larry D. Singell Jr. & James P. Ziliak, 2001. "Gender and Promotion in the Economics Profession," ILR Review, Cornell University, ILR School, vol. 54(2), pages 224-244, January.
    23. Dasgupta, Amil & Sarafidis, Yianis, 2009. "Managers as administrators: Reputation and incentives," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 155-163, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Larry D. Singell & Mark Stater & Hui-Hsuan Tang, 2018. "Let the Sunshine in: An Analysis of the Placement and Pay of University Presidents and the Effects of Open Records Statutes," Journal of Labor Research, Springer, vol. 39(4), pages 405-432, December.
    2. James Monks, 2022. "University Presidential Searches: An Empirical Examination of Internal Versus External Hiring," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 48(4), pages 580-601, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amanda H. Goodall & John M. McDowell & Larry D. Singell, 2017. "Do Economics Departments Improve after They Appoint a Top Scholar as Chairperson?," Kyklos, Wiley Blackwell, vol. 70(4), pages 546-564, November.
    2. Goodall, Amanda H. & McDowell, John M. & Singell, Larry D., 2014. "Leadership and the Research Productivity of University Departments," IZA Discussion Papers 7903, Institute of Labor Economics (IZA).
    3. James Monks, 2022. "University Presidential Searches: An Empirical Examination of Internal Versus External Hiring," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 48(4), pages 580-601, October.
    4. Laurie Bates & Rexford Santerre, 2000. "A Time Series Analysis of Private College Closures and Mergers," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 17(3), pages 267-276, November.
    5. Frank A. Scott & Jeffrey D. Anstine, 1997. "Market Structure in the Production of Economics Ph.D.'s," Southern Economic Journal, John Wiley & Sons, vol. 64(1), pages 307-320, July.
    6. Jacqmin, Julien & Lefebvre, Mathieu, 2016. "Does sector-specific experience matter? The case of European higher education ministers," Research Policy, Elsevier, vol. 45(5), pages 987-998.
    7. Cook, Emily E. & Turner, Sarah, 2022. "Progressivity of pricing at US public universities," Economics of Education Review, Elsevier, vol. 88(C).
    8. McDowell, John & Singell Jr., Larry D. & Stater, Mark, 2009. "Congratulations or condolences? The role of human capital in the cultivation of a university administrator," Economics of Education Review, Elsevier, vol. 28(2), pages 258-267, April.
    9. Joseph Calhoun & David Kamerschen, 2010. "The impact of governing structure on the pricing behavior and market structure of public institutions of higher education in the U.S," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 57(3), pages 317-333, September.
    10. Siow, Aloysius, 1997. "Some evidence on the signalling role of research in academia," Economics Letters, Elsevier, vol. 54(3), pages 271-276, July.
    11. Dahlia K. Remler & Elda Pema, 2009. "Why do Institutions of Higher Education Reward Research While Selling Education?," NBER Working Papers 14974, National Bureau of Economic Research, Inc.
    12. Robert Jantzen, 2000. "Price and quality effects on the demand for U.S. graduate business programs," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 6(4), pages 730-740, November.
    13. Peter Michaelis, 2004. "Education, Research and the Impact of Tuition Fees - A Simple Model of the University," Discussion Paper Series 265, Universitaet Augsburg, Institute for Economics.
    14. E. Han Kim & Min Zhu, 2010. "Universities as Firms: The Case of US Overseas Programs," NBER Chapters, in: American Universities in a Global Market, pages 163-201, National Bureau of Economic Research, Inc.
    15. Caroline M. Hoxby, 2009. "The Changing Selectivity of American Colleges," Journal of Economic Perspectives, American Economic Association, vol. 23(4), pages 95-118, Fall.
    16. Semjén, András, 2012. "A tandíj közgazdaságtana [The economics of tuition fees]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 31-62.
    17. William R. Johnson & Sarah Turner, 2009. "Faculty without Students: Resource Allocation in Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 169-189, Spring.
    18. Charles T. Clotfelter, 1996. "Bibliography, Index," NBER Chapters, in: Buying the Best: Cost Escalation in Elite Higher Education, pages 285-308, National Bureau of Economic Research, Inc.
    19. Cunningham, Brendan M., 2009. "Faculty: Thy administrator's keeper? Some evidence," Economics of Education Review, Elsevier, vol. 28(4), pages 444-453, August.
    20. Christoph Moser & Axel Dreher, 2010. "Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1589-1612, December.

    More about this item

    Keywords

    University president; Carnegie classification; Higher education;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecoedu:v:32:y:2013:i:c:p:219-233. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/econedurev .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.