The Department of Economics has research strengths in two areas: public sector economics and natural resource economics. In both areas, research projects are diverse, with topics ranging from government budget and taxation policy, oil and petroleum economics to ocean fisheries.
BISWAL, Bagala Associate professor
Keywords
• Poverty and education; education in developing countries;
growth convergence hypothesis
Research specialty
• Development economics; economics of education in LDCs;
poverty and inequality analysis; public finance
Current research
• Private tutoring
• Consumption expenditure approach in inequality analysis
Past research
• Education in developing countries
• Private tutoring for LCDs
Potential research
• Theoretical and empirical issues of education in developing
countries
• Poverty, inequality and education in developed and developing
countries
• Federal transfers in Canada
CHU, Kam Hon Assistant professor
Keywords
• Money and banking; free banking; banking regulation;
Hong Kong; Canada
Research specialty
• Banking systems in Canada and Hong Kong; history of
monetary thought; banking regulations; free banking
Current research
• The Buffer stock approach and classical monetary economics
• Inflation, financial development, and income distribution
• Assistance to insolvent banks: Lessons from Hong Kong
• Analysis of exchange rate dynamics during the Asian currency
crisis
• Currency board system in Hong Kong
Past research
• Free banking and information asymmetry
• Deposit insurance in Hong Kong
• Austrian economics and the Hong Kong economy
• Free banking versus regulated banking
• A monetary constitution for the Americas
Potential research
• The 1894 bank crash in Newfoundland
• The banking system in China
FEEHAN, James Professor
Keywords
• Public investment; benefit taxation; user charges;
benefit-cost analysis; natural resource royalties; Newfoundland
economy; international economics
Current research
• Government spending on productivity-enhancing activities
• Benefit-taxation and user charges
• Problems in the Newfoundland economy
• Impact of world prices on the public sector
Past research
• Newfoundland consumption taxes
• Optimal revenue tariffs on international trade
• Assessment of economic studies of Newfoundland's economy
• Atlantic provinces, economic integration
• Federal government debt
• International economic integration
• Newfoundland budgetary policy
• Economic impact of oil and gas development on the provincial
economy
Potential research
• Public finance in developing countries
• Economics of money in Newfoundland: 1832-1949
• Past resource development policies in Newfoundland
LOCKE, Wade Associate professor
Keywords
• Public finance; oil and gas economics; mineral economics;
cost-benefit analysis; economic impact assessment; Newfoundland
economy
Current research
• Knowledge-based economy and economic development in
Newfoundland
• Economic impacts of oil and gas development in Newfoundland
• Needs-based qualifications
• Regional economic development
Past research
• Municipal finance and amalgamation
• Taxation
• Privatization of Newfoundland Hydro
ROY, Noel Professor
Keywords
• Ocean fisheries; econometric modeling; public finance;
unemployment insurance; Newfoundland
Current research
• Demand for and supply of groundfish products
• Social insurance in fisheries
• Productivity in fisheries
• International trade in fish products
Past research
• Econometric model of Newfoundland ground fishery
• Government subsidization of fisheries
• Provincial government tax revenue model
• Chaotic fisheries models
SCHRANK, William Professor
Keywords
• Fisheries economics; econometric model building; government
expenditures and subsidies; cost of fishery management, fisheries
management policy; origins of the current fisheries crisis
Current research
• Cost of fishery management in Newfoundland
• The 200-mile fishery control limit in Newfoundland and
its failure to maintain fish stocks: fishery crisis
• Fishery subsidies
TSOA, Eugene Professor
Keywords
• Econometric modeling; fisheries economics; natural
resource economics
Current research
• Unemployment insurance and the length of the fishing
season
Past research
• Structure of Newfoundland's fishing industry
• Model simulation of the Newfoundland fishing industry
• U.S. demand for groundfish products
• Canadian supply of groundfish products
WERNERHEIM, Michael Associated professor
Keywords
• Microeconomics; natural resources; environmental economics;
applied econometrics
Current research
• Economics of fisheries enforcement
• Electricity markets
• Spatial distribution of producer services
Past research
• Economics of forest pest management
• The measurement of producer services
• Economic efficiency of electricity production
Potential research
• The role and significance of the informal sector
• Valuation of non-market attributes in resource management
• Export performance and economic growth
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