Michael C. Davis

Associate Professor of Economics

Missouri University of Science and Technology

 

101 Harris Hall

301 W. 14th St.

Rolla, MO 65409-1250

(573) 341-6959

davismc@mst.edu

 

Primary Fields:

Macroeconomics, Applied Econometrics, Sports Economics

 

Education:

 

University of California, San Diego 1995 – 2001

 

Ph.D. in Economics, 2001

 

Thesis Title: Dynamic Models of Price Changes

 

Thesis Chair: James D. Hamilton

 

Thesis Committee: 

Wouter Den Haan, Alan Sorensen, Nathaniel Beck (Political Science), Philip Gill (Mathematics)

 

 

M.A. in Economics, 1999

 

 

College of William and Mary, Williamsburg, Virginia 1991-1995

 

B.S. in Mathematics, 1995

 

Positions Held:

 

Missouri University of Science and Technology (Formerly University of Missouri-Rolla)

Associate Professor of Economics (2008-present)

Assistant Professor of Economics (2002-2008)

Lecturer (2001)

Courses taught have included principles of macroeconomics, principles of microeconomics, intermediate macroeconomics, sports economics, money and banking, public finance, international finance and economic statistics.

Current research projects include analyzing the price movements of gasoline at both the wholesale and retail levels, conducting time-series analysis of baseball attendance and studying the effects of sports teams’ championships on local economies.

 

University of California, San Diego

Teaching Assistant (1996-2000)

Duties included grading, teaching sections, holding office hours and organizing grades.  Classes included macroeconomics, microeconomics, econometrics, corporate finance and operations research.

 

Research Assistant (1997)

Organized data and performed statistical analysis for Prof. Joel Sobel.

 

Publications:

 

Journal Articles:

 

Davis, Michael C. and James D. Hamilton, "Why Are Prices Sticky? The Dynamics of Wholesale Gasoline Prices," Journal of Money, Credit, and Banking, February 2004, vol. 36, pp. 17-37.

 

Davis, Michael C. “Called Up to the Big Leagues: An Examination of the Factors Affecting the Location of Minor League Baseball Teams” International Journal of Sports Finance, 2006, 1(4), 253-264.

 

Davis, Michael C. “Income and the Locations of AAA Minor League Baseball Teams” Atlantic Economic Journal (Anthology Section), 2007, 35, 371-372.

 

Davis, Michael C. “The Dynamics of Daily Retail Gasoline Prices” Managerial and Decision Economics, 2007, 28, 713-722.

 

Davis, Michael C. “Attendance and Competitive Balance in MLB: A VAR Analysis”.  Manuscript, Department of Economics and Finance, University of Missouri-Rolla.  International Journal of Sports Finance, 2008, 3(1), 58-73.

 

Ovlia, Vincent L., David Enke and  Michael C Davis.  “The Effects of Congressional Elections on Future Equity Market Returns”, Global Journal of Business Research, 2008,

 

Davis, Michael C.  "Analyzing the Relationship Between Team Success and MLB Attendance with GARCH Effects", Journal of Sports Economics, Feb 2009, 10 (1), 44-58.

 

End, Christian M.; Davis, Michael C.; Kretschmar, Jeff M.; Campbell, Jamonn; Mueller, David G.; Worthman, Shaye S.. " Missed Call?  A Re-examination of Sport Fans’ and Nonfans’ Alcohol Usage and Alcohol Related Experiences " Sociological Spectrum: Mid-South Sociological Association 29.5 (2009).

 

Davis, Michael C. “Environmental Regulations and the Increasing Seasonality of Gasoline Prices”.  Applied Economics Letters, Forthcoming.  

 

Davis, Michael C.  and Christian M. End.  “A Winning Proposition: The Economic Impact of Successful NFL Franchises” Economic Inquiry, Forthcoming.

 

Davis, Michael C. “"On Which Days Do Gasoline Stations Raise Prices,"” Atlantic Economic Journal (Anthology Section), Forthcoming.

 

Book Chapters:

 

Davis, Michael C. (2008) “New Franchise Location in Major and Minor League Baseball” in The Business of Sport, Volume 3, eds.: Brad Humphreys and Dennis R. Howard, .

 

Working Papers:

 

 

Davis, Michael C. “The Impact of Gasoline Price Movements on the Macroeconomy”.  Manuscript, Department of Economics and Finance, University of Missouri-Rolla. 

 

 

 

 

 

 

 

 

 

Funded Research:

 

PI  Using Best Practices to Model Economic and Non-Economic Benefits of Transportation Research in Missouri” Missouri Transportation Institute, 2007,  (Personal Portion: $19,527; Total Grant: $37, 551)

 

Co-PI “Better Understanding the Value of NCHRP 20-63 Performance Measurement Tool” Missouri Transportation Institute, 2006, (Personal portion: $1475; Total grant: $4916)

 

PI: “Gasoline Price Seasonality and Environmental Standards”, University of Missouri Research Board, 2005, $17,000

 

PI: Quality Management Plan Mine Waste Technology Program from Montana Tech, 2004, $15,000

 

Paper Presentations:

 

“Analyzing the Importance of Team Success on Individual MLB Attendance when Considering ARCH Effects”

Western Economic Association International meetings in Waikiki, July 2008

International Atlantic Economic Conference in Savannah, October 2007

 

“An Examination of Gasoline Seasonality for Individual Stations”

Western Economic Association International meetings in Seattle, June 2007

 

“Environmental Regulations and the Increasing Seasonality of Gasoline Prices

Southern Economic Association meetings in Charleston, November 2006

Missouri Valley Economic Association meetings in Kansas City, October 2005

 

“Called Up to the Big Leagues: An Examination of the Factors Affecting the Location of Minor League Baseball Teams”

Missouri Valley Economic Association meetings in Minneapolis, October 2006

 

“Attendance and Competitive Balance in MLB: A VAR Analysis”

Missouri Valley Economic Association meetings in Kansas City, October 2007

Western Economic Association International meetings in San Diego, June 2006.

 

“The Impact of Gasoline Price Movements on the Macroeconomy

Western Economic Association International meetings in San Francisco, July 2005.

Midwest Economic Association meetings in Milwaukee, March 2005

 

“The Economic Impact of Basking in the Reflected Glory of a Super Bowl Victory”

Missouri Economic Conference in Columbia, MO, March 2008

International Association of Sports Economist meetings in Ottawa, June 2005

Western Economic Association International meetings in Vancouver, July 2004

 

“Public R&D, Private R&D and the Market for Scientists”

Midwestern Economic Association meetings in Chicago, March 2004

 

“Effect of a Rival League on Competitive Balance”

Missouri Valley Economic Association meetings in Kansas City, February 2004

 

“Price Dynamics in a Retail Gasoline Market”

Midwestern Economic Association meetings in St. Louis, March 2003.

Western Economic Association International meetings in Seattle, July 2002.

 

 

“The Dynamics of Wholesale Gasoline Prices”

Western Economic Association International meetings in San Francisco, July 2001.

 

Graduate Student Committees:

 

Meng Yu (Ph.D., Engineering Management, Current)

 

Amanda Alpaugh (M.S., Engineering Management, 2008)

 

Thira Chavarnakul (Ph.D., Engineering Management, 2007)

 

Vince Ovlia (M.S., Engineering Management, 2005)

 

Undergraduate Research Advising:

 

Natalie McGavock (OURE, 2007)

 

Richard Schoenborn (OURE, 2006)

 

Workshops:

 

TIP Phase I Workshop (San Antonio, 2008)

 

UMR Grant Writing Workshop (2003-2004)

 

University of Missouri New Faculty Teaching Scholars (2002-2003)

 

Professional Affiliations:

 

American Economic Association, Western Economic Association International, North American Association of Sports Economists

 

Academic Service:

Referee:

American Economic Review, Journal of Economics (MVEA), The Energy Journal, Contemporary Economic Policy, Energy Economics, Transportation Research Board, Journal of Productivity Analysis

 

Discussant:

Midwestern Economic Association meetings: March 2003, March 2004 and March 2005

Missouri Valley Economic Association meetings: February 2004, October 2005 and October 2006

Southern Economic Association Meetings: November 2006

Western Economic Association International meetings: July 2002, July 2005, July 2006, June 2007 and July 2008

 

Reviewer:

Leeds, Michael and Peter von Allmen (2005).  The Economics of Sports, 2e.

 

 

 

 

 

 

 

 

Research Related Media Experience:

 


KY3-TV, Springfield, MO

Wake Up Rolla, Rolla, MO

Calgary Herald, Calgary, Alberta

Rolla Daily News, Rolla, MO  

Pittsburgh Tribune-Review, Pittsburgh, PA

KUMR, Rolla, MO

Columbia Missourian, Columbia, MO

Kansas City Star, Kansas City, MO

nwitimes.com  Munster, IN

Indianapolis Star, Indianapolis, IN

Boston Globe, Boston, MA

San Diego Union Tribune, San Diego, CA

St. Louis Post Dispatch, St. Louis, MO


MinnPost.com,  Minneapolis, MN.

The Birmingham News, Birmingham, AL.

Newsday.com, Melville, NY