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, Energy Economics
Education:
University of California, San Diego 1995 – 2001
Ph.D.
in Economics, 2001
M.A. in Economics, 1999
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)
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.
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:
Refereed Journal Articles:
Davis, Michael C. (2021), An Examination of the Effects
of Environmental Regulations on Retail Gasoline Price Seasonality.” Contemporary
Economic Policy, 39(1), 178-193.
Schussele, Sammi and Michael Davis (2020).
“Waving the White Flag: The Attendance Effects of Trading Away Talent by
Contending Teams” New York Economic Review, 51, 35-43.
Davis, Michael C., Craig Palsson
and Joe P. Price “Taxing the Opposition: Cactus
League Attendance and the Efficiency of the ‘Cubs Tax’”. International Journal of Sport Finance, 2013,
8, 157-170.
Davis, Michael C. and Christian M. End. “A Winning Proposition: The Economic Impact
of Successful NFL Franchises” Economic
Inquiry, 2010, 48, 39-50.
Davis, Michael C. “Environmental Regulations and the Increasing Seasonality of Gasoline Prices” Applied Economics Letters, 2009, 16,
1613-1616
End, Christian M.; Michael C. Davis, Jeff M.
Kretschmar, Jamonn Campbell, David G. Mueller, Shaye
S. Worthman.
" Missed Call? A Re-examination of
Sport Fans’ and Nonfans’ Alcohol Usage and Alcohol Related Experiences " Sociological Spectrum: Mid-South
Sociological Association, 2009, 29, 649-658.
Davis, Michael C.
"Analyzing the Relationship Between Team Success and MLB Attendance
with GARCH Effects", Journal of
Sports Economics, Feb 2009, 10, 44-58.
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, 2, 1-16.
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, 253-264.
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.
Editorially-Reviewed Articles:
Davis, Michael and Karl E. Burgher “Paying to Succeed: Lessons from the
Literature” College and University, 2015, 90(2): 53-58.
Davis, Michael; Karl E. Burgher, and
Stephanie Jefferson “Predictive
Analytics for Student Retention: Programmatic Evaluation and Resource Allocation”
College
and University, 2014, 89(2): 47-54.
Davis, Michael C. and Karl Burgher. “Predictive Analytics for Student Retention –
Group vs. Individual Behavior”. College and University, 2013, 88(4):63–72.
Book Chapters:
Davis, Michael C. and Christian M. End “Team Success, Productivity and Economic Impact” eds. Placido
Rodriguez, Stefan Kesenne and Brad Humphreys The Economics of Sport, Health and Happiness: The Promotion of
Well-Being through Sporting Activities, Edward Elgar Publishing Ltd,
2011, 151-162.
Working Papers:
Davis, Michael C. “Rival
Leagues and Competitive Balance: An Analysis of the Creation of the Indy Racing
League”Manuscript, Department of Economics, Missouri
University of Science and Technology.
Bodine, Ariel and Michael C. Davis “Putt for Show, Drive for Off-Course Dough” Manuscript,
Department of Economics, Missouri University of Science and Technology.
Davis, Michael C. and Guy Yamashiro “Oil Price Shocks
and Firm Costs” Manuscript, Department of Economics, Missouri University of
Science and Technology.
Funded Research:
PI “Predictive Modeling of
Student Success”, Indiana State University, 2013, $15,000.
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:
“Individual
Skills and Total Earnings of Golfers”
Missouri Valley Economic meetings in
Memphis, October 2018
“The Impact
on Regional GDP of Professional Sports”
Missouri Valley Economic meetings in
St. Louis, October 2016
“Putt for
Show, Drive for Off-Course Dough”
Western Economic Association
meetings in Portland, June 2016
“A Baseball
Arbitration Classroom Experiment”
Missouri Valley Economic meetings in
St. Louis, October 2014
“Rival
Leagues and Competitive Balance: An Analysis of the Creation of the Indy Racing
League”
Missouri Valley Economic meetings in
St. Louis, October 2014
Western Economic Association meetings in Denver, June 2014
“Waving the
White Flag: The Attendance Effects of Trading Away Talent by Contending Teams”
Missouri Valley Economic Association
in Kansas City, October 2013
Eastern Economic Association meeting in New York, May 2013
“Oil Price
Shock and Firm Costs”
Western Economic Association meetings
in San Francisco, June 2012
“Taxing the
Opposition: Cactus League Attendance and the Efficiency of the ‘Cubs Tax’”
Missouri Valley Economic Association meetings in Kansas City,
October 2011
“Cost
Effects of Oil Price Shocks”
Western Economic Association
meetings in San Diego, July 2011
“Team
Success, Productivity and Economic Impact”
V Gijon Conference on Sports
Economics in Gijon, Asturias, Spain, May 2010
“An Examination of the Effects of Environmental
Regulations on Retail Gasoline Price Seasonality”
Missouri Valley Economic Association meetings in Kansas City,
October 2019
Midwest Economic Association meetings in St. Louis, March
2011
American Economic Association meetings in Atlanta, January
2010
Western Economic Association International meetings in
Seattle, June 2007
“The Price
of Textbooks: Do Students Really Care?”
Missouri Valley Economic Association
in Kansas City, October 2009
(Co-presented with Julie Gallaway)
“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
“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.
University
of Missouri-Rolla, February 2001
Ongoing
Research:
An analysis of the importance
of credit markets to the impact of oil price shocks to the macroeconomy. (with
Guy Yamashiro of Cal State Long Beach)
Graduate Student Committees:
Prince Titus Codjoe (Ph.D., Engineering Management, current)
Scott Arias (Ph.D.,
Construction, Indiana State University, 2014)
Jianjun Deng (Ph.D.,
Engineering Management, 2012)
Meng Yu (Ph.D., Engineering
Management, 2012)
Amanda Alpaugh
(M.S., Engineering Management, 2008)
Thira Chavarnakul
(Ph.D., Engineering Management, 2007)
Vince Ovlia (M.S.,
Engineering Management, 2005)
Undergraduate Research Advising:
Vincent Parker (OURE,
2016-2017)
Arielle Bodine (OURE, 2014-2015)
Louis Volpe (OURE, 2014-2015)
Samantha Schussele (OURE,
2008-2011)
Natalie McGavock (OURE, 2007)
Richard Schoenborn (OURE,
2006)
Workshops:
University of Missouri
Leadership Development Program (2010-2011)
TIP Phase I Workshop (San
Antonio, 2008)
Finished work for TIP Phase II in June of 2010, still
awaiting official recognition.
UMR Grant Writing Workshop
(2003-2004)
University of Missouri New
Faculty Teaching Scholars (2002-2003)
Awards
Missouri University of
Science and Technology Faculty Service Award (2013)
Freshman Engineering “We Love
Your Class” Award (2008)
University Service:
Faculty Senate
Past President (2012-2013)
President
(2011-2012)
President-Elect
(2010-2011)
Parliamentarian
(2009-2010)
Senator (2002-2004, 2008-2019)
UM-System Retirement Plan
Advisory Committee (2010-2011)
Representative to IFC
(2010-2012)
Representative to Missouri
Association of Faculty Senates (2010-2011)
Graduate Faculty Council
Department Representative (2015-2019)
Smart Living Faculty Search
Committee (2015-2016, 2016-2017, 2017-2018)
Economics Department Search
Committee (2002-2003, 2014, 2016-2017, 2017-2018)
Dean of Arts, Science and
Business Search Committee (2014)
Librarian Search Committee
(2013)
Registrar Search Committee
(2012)
SMIS Dean Search Committee
(2003)
Missouri S&T Woman of the
Year Selection Committee (2015-2017)
Campus Master Plan Steering
Committee (2013-2014)
Campus Master Plan Advisory
Committee (2013-2014)
Best-In-Class Review
Committee (2013-2014)
Chancellor Scholarship
Committee (2015, 2016)
Rock Mechanics Program Review
(2007)
Sustainability Minor
Committee (2010-2012)
Rules, Procedure and Agenda
Committee (2009-2015, 2017-2018)
Chair (2012-2013)
Tenure Committee (2008-2009,
2011-2012, 2013-2016)
Chair (2013-2015)
Personnel Committee
(2008-2010, 2013-2015, 2017-2019)
Chair (2017-2018)
Curricula Committee (2019-2021)
Public Occasions Committee
(2012-2014)
Parking Committee (2010-2012)
Information Technology
Committee (2002-2009)
Ad-Hoc Bylaws Revision
Committee (2008-2009)
Student Award and Financial
Aid Committee (2003-2005)
EQ Coordinator (2019-2020)
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, Southern Economic Journal, Economic Inquiry, Journal of Sports
Economics, Economic Letters, Journal of Energy Policy, Eastern Economic
Journal.
Reviewer:
Leeds, Michael and Peter von Allmen (2005). The
Economics of Sports, 2e.
Discussant:
Eastern Economic Association
meetings: May 2013
Midwestern Economic
Association meetings: March 2003, March 2004, March 2005 and March 2011
Missouri Valley Economic Association
meetings: February 2004, October 2005, October 2006, October 2011 and October 2013
Southern Economic Association
Meetings: November 2006
Western Economic Association
International meetings: July 2002, July 2005, July 2006, June 2007, July 2008,
July 2011, July 2012 and July 2014
Professional Affiliations:
Western Economic Association
International, North American Association of Sports Economists, Missouri Valley
Economic Association
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
Slate
Magazine
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
SCBIZ,
Mount Pleasant, SC
Daily Iowan, Iowa City, IA
New Orleans Times-Picayune,
New Orleans, LA
CNNMoney.com
Daily
Camera, Boulder, CO
Fox
Sports Kansas City, Kansas City, MO
KCUR,
Kansas City, MO
KTTR,
Rolla, MO
KIRO,
Seattle, WA
Kansas
City Beacon, Kansas City, MO