• ECON 102:  Principles of Microeconomics
• ECON 305:  Comparative Economic Systems
• ECON 461/661:  Chinese Economy
• ECON 462/662:  International Trade
• ECON 463/663: International Monetary Relations
• ECON 490:  Independent Study

• ECON 103:  Principles of Macroeconomics
• HON 220:  Introduction to Economic Theory and Policy
• Intermediate Price Theory
• International Economics
• Future Development
• Market Reform and Transition in Socialist Economies

GOOD SOURCES FOR ECONOMIC DATA AND INFORMATION: For the United States: Federal Reserve Economic Data (Fred II) Bureau of Economic Analysis Economic Report of the President U.S. Census Bureau Statistical Abstract of the United States (Census) Bureau of Labor Statistics The U.S. Budget (Office of Management and Budget) Stat-USA (U.S. Department of Commerce) The Federal Reserve Board of Governors Federal Reserve Bank of San Francisco Economagic Tax Foundation For other countries: OECD Factbook (Updated for  Bank of Japan Japan's Economic and Social Research Institute Japan's Statistics Bureau China National Bureau of Statistics People's Bank of China China Internet Information Center Russian Federal Statistics Service Reserve Bank of India Eurostat World Bank International Monetary Fund World Trade Organization International Center for Economic Growth Gene Shackman, of the Global Social Change Research Project, has a long list of economic, social, and political data here. For Economic Research, see: Research Papers in Economics (RePEc) Newspapers: The Economist  The Financial Times  The UNR library has: Business and Economics databases  Econlit (Journal of Economic Literature) Online economic journals

Academic Papers Presented: Parker, E., & J. Thornton, "Fiscal centralization and decentralization in Russia and China."  Presented at the Allied Social Science Associations (ASSA) meetings in Chicago (Jan. 2007). Cargill, T.F., & E. Parker, "Price deflation and policy response:  A comparative view of Japan, China, and the United States."  Presented at Claremont McKenna College (Apr. 2003) -- PDF. Parker, E., & M. Pingle, "The distributional effects of selection in an optimal growth model."  Presented at the Western Economic Association International Meetings in Seattle (July 2002). Cargill, T., & E. Parker, "Asian finance and the role of bankruptcy: A model of the transition costs of financial liberalization."  Presented at the University of California, Davis (May 2001) and the West Coast Japan Economic Seminar, University of California, Santa Cruz (June 2001)  -- PDF. Parker, E., "Firm governance and the Chinese stock market."  Presented at the Allied Social Science Associations (ASSA) meetings in Boston (Jan. 2000). Parker, E., & J.G. Wen, "The Asian Financial Crisis and the lessons for globalization."  Presented at the ASSA meetings in Boston (Jan. 2000). Cargill, T., & E. Parker, "Financial liberalization and crisis in Japan and Korea: Lessons for China."  Presented in an AEA session of the annual meetings of the ASSA, New York (Jan. 1999). Parker, E., "Are wage increases in Chinese state industry efficient? A study of productivity in the Nanjing machine building industry."  Presented at the annual meetings of the Western Economic Association, Seattle (July 1997). Parker, E., & J. Wendel, "Induced inefficiency as a response to the union threat."  Presented at the annual meetings of the Western Social Science Association, Reno (April 1996). Parker, E., "The effect of scale on the response to reform by Chinese construction units."  Presented at the annual meetings of the Allied Social Science Associations, San Francisco (January 1996). Parker, E., "Schumpeterian Creative Destruction and the growth of Chinese enterprises."  Presented at the annual meeting of the Chinese Economists Society, University of Chicago (August 1994). Parker, E., "The Socialist Market Economy and the state-owned enterprise," translated into Chinese as "Guoyou qiye he Shehuizhuyi Shichang Jingji."  Presented at the Hopkins-Nanjing University Center (May 1994). Parker, E., "Changes in enterprise structure in the U.S., Eastern Europe, and China," translated into Chinese as "Meiguo he qita dichu qiye jiegou de biandong de bijiao yanjiu."  Presented to the Nanjing Machine-Building Bureau Entrepreneurs (January 1994). Parker, E., "Convergence as a response to economic reform:  An application to Chinese state-owned construction enterprises." Presented at the annual meeting of the Western Economic Association, Lake Tahoe (June 1993). Academic papers presented by coauthors: Cargill, T.F., & E. Parker, "How can the Bank of Japan contribute to Japan's economic recovery?"  Presented by T.F. Cargill at the Southern Methodist University Asian Studies Symposium, Dallas (April 2004). Parker, E., & J. Wendel, "WHO's Assessment of health care industry performance: Rating the rankings." Presented by J. Wendel at the Athens Institute for Education and Research conference on Health Economics and Health Management, Athens, Greece (May 2002). Cargill, T.F., & E. Parker, "Japanese economic structures and finance: Characteristics and causes of the current slowdown."  Presented by T.F. Cargill at Saint Marys University, Halifax, Nova Scotia (May 2002). Litvak, A.I., M. Paterson, E. Parker, O.S. Pentsak, A.I. Pilyavsky, and J. Wendel, "Identifying efficiently operated hospitals in Ukraine."  Presented by A.I. Pilyavsky at the 7th Slovak Polish Ukrainian Czech Scientific Seminar in Svatay Jur, Slovakia (Nov. 2000). Bhattacharyya, A., & E. Parker, "Labor productivity and migration in Chinese agriculture: A stochastic frontier approach." Presented at the annual meetings of the Western Social Science Association, Reno (April 1996).

Current Working Papers:

Guerrero, F., & E. Parker (2007), "The effect of Federal government size on long-term economic growth in the United States, 1792-2004," UNR Economics WP-07002. [Download]

Parker, E., & J. Thornton (2006), "Fiscal centralization and decentralization in Russia and China," UNR Economics WP-06013. [Download]

Parker, E. (2006), "Does the party in power matter for economic performance?," UNR Economics WP-06008.  [Download]

Guerrero, F., & E. Parker (2006), "Financial liberalization and corporate debt maturity in Thailand, 1993-97," UNR Economics WP-06001. [Download]

Journal Articles:

Parker, E., & J. Thornton (2007), "Fiscal centralization and decentralization in Russia and China," Comparative Economic Studies 49(4): 514-42.  [Download]

Guerrero, F., & E. Parker (2006), "Deflation and recession: Finding the empirical link," Economics Letters 93(1): 12-17.  [Download]

Parker, E., & M. Pingle (2006), "The distributional effects of selection and capital accumulation on firm productivity under imperfect capital markets," Empirical Economics 31(3): 677-97.  [Download]

Guerrero, F., & E. Parker (2006), "Deflation, recession, and slowing growth:  Finding the empirical links," ICFAI Journal of Monetary Economics 4(1): 37-49. [Download]

Cargill, T.F., & E. Parker (2005), "Economic and financial reform: Alternatives for North Korea," North Korean Review 1(1): 5-22.   [Download]

Cargill, T.F., & E. Parker (2004), "Price deflation and consumption: Central bank policy and Japan's economic and financial stagnation," Journal of Asian Economics 15(3): 493-506. [Download]

Cargill, T.F., & E. Parker (2004), "Price deflation, money demand, and monetary policy discontinuity: A comparative view of Japan, China, and the United States," North American Journal of Economics and Finance 15(1): 25-147.  [Download]

Cargill, T.F., & E. Parker (2003), "Why deflation is different," Central Banking 14(1): 35-42. [Download text]  

(The above article was also published in the 2003 Report of the Symposium on Building the Financial System of the 21st Century:  An Agenda for Japan and the United States, Harvard Law School, Program on International Financial Systems.)

Cargill, T.F., & E. Parker (2002), "Asian finance and the role of bankruptcy: A model of the transition costs of financial liberalization," Journal of Asian Economics 13(3): 297-318.   [Download] 

Banks, D., E. Parker, & J. Wendel (2001), "Strategic interaction among hospitals and nursing facilities: The efficiency effects of payment systems and vertical integration," Health Economics 10(2): 119-134. [Download]

Cargill, T.F., & E. Parker (2001), "Financial liberalization in China: Limitations and lessons of the Japanese regime," Journal of the Asia-Pacific Economy 6(1): 1-21. [Download]

Parker, E. (1999), "Are wage increases in Chinese state industry efficient? A study of productivity in the Nanjing machine-building industry," Contemporary Economic Policy 17(1): 55-68.   [Download]

Bhattacharyya, A., & E. Parker (1999), "Labor productivity and migration in Chinese agriculture: A stochastic frontier approach," China Economic Review 10(1): 59-74. [Download]

Lambert, D.K., & E. Parker (1998), "Productivity in Chinese provincial agriculture," Journal of Agricultural Economics 49(3): 378-392. [Download text]

Parker, E., & J. Wendel (1998), "Induced inefficiency as a response to the union threat," Journal of Labor Research 19(4): 629-646.  [Download]

Parker, E. (1997), "The effect of scale on the response to reform by Chinese construction units," Journal of Development Economics 52(2): 331-353.  [Download]

Parker, E. (1995), "Schumpeterian Creative Destruction and the growth of Chinese enterprises," China Economic Review 6(2): 201-223.  [Download]

Parker, E. (1995), "Shadow factor price convergence and the response of Chinese state-owned construction enterprises to reform," Journal of Comparative Economics 21(1): 54-81.  [Download]

Parker, E. (1995), "Prospects for the state-owned enterprise in China's Socialist Market Economy," Asian Perspective 19(1): 7-35. [Download text]

Parker, E. (1994), "Relative efficiency in Chinese urban construction: A comparison of state-owned and collective enterprises after reform," China Economic Review 5(2): 161-78. [Download]

Bhattacharyya, A., E. Parker, & K. Raffiee (1994), "An examination of the effect of ownership on the relative efficiency of public and private water utilities," Land Economics 70(2): 197-209.   [Download]

Parker, E. (1994), "The accuracy of generalized cost function estimation: A Monte Carlo approach," Southern Economic Journal 60(4): 907-26.  [Download]

Book Chapters and Proceedings:

Guerrero, F., & E. Parker (2008), "Financial liberalization and corporate debt maturity in Thailand, 1993-97." In China and Asia: Economic and Financial Interactions, edited by Y.-W. Cheung & K.-Y. Wong, ch. 14, pp. 246-256 (Routledge Press).  [Download text] 

Cargill, T.F., F. Guerrero, & E. Parker (2006), "Policy traps and the linkage between China's financial and foreign exchange systems," in China as a World Workshop, edited by K.H. Zhang: ch. 11, pp. 188-221 (Routledge, Taylor & Francis). [Download text]  

(A condensed version of the above chapter was published in the 2004 Report of the Symposium on Building the Financial System of the 21st Century:  An Agenda for Japan and the United States, Harvard Law School, Program on International Financial Systems.)

Cargill, T.F., & E. Parker (2003), "Japanese economic structures and finance: Characteristics and causes of the current slowdown," in Structural Foundations of International Finance, edited by P.C. Padoan, P.  Brenton, & G. Boyd: ch. 9, pp. 184-207 (Cheltenham, U.K.:  Edward Elgar Publishing, Inc.). [Download text]

Parker, E., & J. Wendel (2002), "The comparative efficiency of producing health: An analysis of the World Health Organization's rankings," in Health Economics and Health Management:  Proceedings of the First International Conference, edited by S. Soulis:  ch. 6, pp. 79-96 (Athens, Greece:  Papazisis Publishers).  [Download text]

Litvak, A.I., E. Parker, M. Paterson, O.S. Pentsak, A.I. Pilyavsky, & J Wendel (2001), "Identifying efficiently operated hospitals in Ukraine," Analysis and International Comparisons of Social Consequences of the Transformation Process in Post Communist Countries, Proceedings of the 7th Slovak-Polish-Ukrainian-Czech Scientific Seminar (Sviaty Jur, November 15-18, 2000), University of Economics in Bratislava, pp. 79-90.

Parker, E., & J. Wendel (1997), "Reform of China's state-owned sector: Parallels with the U.S. regulatory experience," in The Reformability of China's State Sector, edited by J.G. Wen & D. Xu: ch. 17, pp. 281-299 (World Scientific Publishing).  [Download text]

Other Working Papers:

Cargill, T.F., & E. Parker (2004), "How can the Bank of Japan contribute to Japan's economic recovery?"  [Download]

Cargill, T.F., & E. Parker (2001), "Asian finance and the role of bankruptcy," Federal Reserve Bank of San Francisco, Pacific Basin Working Paper Series, 01-01.  [download]

Parker, E., & J. Wendel (2001), "Payment system design, vertical integration, and an efficient continuum of care." [Download]

Parker, E. (2000), "Firm governance and the Chinese stock market." [Download]

Parker, E., & J.G. Wen (2000), "The Asian financial crisis and the lessons for globalization."  [Download]

Book Reviews:

Parker, E. (2005), "Fault Lines in China's Economic Terrain, by Charles Wolf, Jr., K.C. Yeh, Benjamin Zycher, Nicholas Eberstadt, and Sung-Ho Lee," in China Journal 53: 168-170.

Parker, E. (2003), "China's Last Steps Across the River, by Yiping Huang," in China Review International 9(2): 443-448.

Parker, E. (1999), "A Study of Public Policy Influences upon the Development of China's Rural Enterprises, 1978-1992, by Zhonghui Wang," in China Review International 6(1): 277-279.

Parker, E. (1996), "China's New Political Economy: The Giant Awakes, by Susumu Yabuki," in Economic Development and Cultural Change 45(1): 219-222.

Parker, E. (1996), "Financial Repression and Economic Reform in China, by Kui-Wai Li," in China Review International 3(2): 482-486.

Parker, E. (1996), "Disequilibria, Economic Reforms and Economic Policies, by Xiaoming Li," in Journal of Comparative Economics 23(3): 348-351.

Journal Introductions and Other Miscellaneous Publications:

Chang, C., G.H. Chang, B.M. Fleisher, E. Parker, & Y. Wang (2004), "Editorial note," China Economic Review 15(4): 373-374.

Chang, G., & E. Parker (2004), "Editorial introduction: The Chinese RMB issue in dynamic and global perspective," China Economic Review 15(3): 323-324.

Parker, E., & K.Y. Wong (2003), "WTO, China, and the Asian economies," China Economic Review 14(3): 203-205.

Parker, E. (2003), "Comments on 'The Consequences of China's WTO Accession on its Neighbors,' by W.J. McKibbin & W.T. Woo," Asian Economic Papers 2(2).

Parker, E. (2002), "Current issues in the Chinese economy," China Economic Review 13(4): 329-330. 

Chang, C., G.H. Chang, B.M. Fleisher, E. Parker, & Y. Wang (2001), "Editorial note," China Economic Review 12(4): 261-262.

Chang, C.,  B.M. Fleisher, & E. Parker (2000), "The impact of China's entry into the WTO: Overview," China Economic Review 11(4): 319-322.

Parker, E. (2000), "Introduction," China Economic Review 11(3): 211-212.

Chang, C., G.H. Chang, B.M. Fleisher, E. Parker, & Y. Wang (2000), "Introduction," China Economic Review 11(2): 113.

Chang, G.H., G.H. Jefferson, N.L. Lardy, E. Parker, & T.G. Rawski (1998), "Will China catch the 'Asian Flu'?," China Economic Review 9(1): 97-101.  Roundtable article.

Li, L., E. Parker, & T.G. Rawski (1995), "Report on the CES Shanghai Conference on Reformability of the State Sector in China," China Economic Review 6(2): 247-250.
 
 

HOT TOPICS:

With Override of Veto, a Sigh of Relief, Las Vegas Sun  (June 7, 2009).  A column on the conclusion of the state budget process.  A shorter version of this column was published in the Reno Gazette Journal on May 31.

Funding, Fairness, and the Formula: The University of Nevada, Reno, in the System of Higher Education  (Apr. 17, 2009). Bruce Shively and I examine how the budget for NSHE has changed over the last couple of decades, how our share of the overall pie has declined, and how the legislative formula works to allocate the state's support for higher education.

University Budgets: A Guide for the Perplexed (Mar. 23, 2009). An explanation of university budgets, coauthored with Bruce Shively,  for those who would like to understand the university's different budgets and how they work.

How Much Can We Increase Student Tuition?  A memo to President Glick (Mar. 6, 2009), discussing the elasticity of demand for higher education

A Suggestion for Senator Reid.   A Feb. 23 memo I wrote to Mark Wetjen, a policy advisor in the Office of the Senate Majority Leader, after he came to campus to discuss the financial crisis with me and some of my colleagues.

My Reply to the Governor's Podcast.  A blog entry on the UNR Faculty Senate site, in answer to Gov. Gibbons' Feb. 11 podcast defending his budget for higher education. This was featured in a Jon Ralston column in the Las Vegas Sun, Econ prof tries to teach Gibbons some economic realities on higher ed (Feb. 12, 2009).

The Economic Impact of the Proposed Cut in UNR's Budget.  A one-page summary of a study by Fadali and Kilkenny (Feb. 6, 2009), which calculated a $60 million net difference, relative to tax enhancements, on state GDP.

My Dialogue with Patrick Gibbons of the NPRI.   A dialogue that began on the senate blog and continued by e-mail, regarding the evidence for economies of scale, et cetera.

My Reply to Regent Knecht.   A Jan. 9 letter I wrote to Regent Ron Knecht regarding his column in the Chronicle of Higher Education that argues higher education spending is out of control.  Regent Knecht's article was later republished in the Las Vegas Review-Journal, and they did not respond to my request to publish a reply. Dang!

How Big is Higher Education?   A blog entry on the UNR Faculty Senate site, in answer to Gov. Gibbons' claim that Nevada is relatively generous to higher education (Jan. 17, 2009).  Here is another collection of data in Excel from the Statistical Abstract of the United States.

The Economic Principles of State Budget Cuts.  A fourth open memo to President Glick (Jan. 16, 2009), outlining the macroeconomic, microeconomic, and distributional effects of tax increases and spending cuts.

Some Proposals on State Budget Cuts.  A third open memo to President Glick (Jan. 14, 2009), with some suggestions for dealing with the state's budget crisis. These were a little rough, but a number of people had asked for ideas.

A Look at State Budgets over Time. Another open memo, with more interesting graphs, to President Milt Glick (Jan. 1, 2009). Here is the data I used in Excel on state output, expenditures, and budgets, so you can see for yourself.

Does Nevada have a Spending Problem? An open memo, with a couple of interesting graphs, to President Milt Glick (Dec. 1, 2008). Here is the data I used for my graphs and also some on educational attainment. A short version of this memo was published in the Reno Gazette Journal and a longer version in the Las Vegas Sun.  Former state senator Bob Beers wrote a "rebuttal" in the Las Vegas Review Journal, and I then wrote a reply in the Las Vegas Sun. ( Here is the Excel data on state employment and state wages.)

Making Sense of the Financial Crisis of 2008, a presentation for the Truckee Meadows Democratic Alliance (Oct. 2008).   This was revised and updated for a  Presentation on the Financial Crisis for General Electric Optimization and Control (Oct. 2008). This was revised again incorporated into a presentation for the College's Business Summit (Nov. 2008),  which I also moderated.

The International Interdependence of the U.S. Economy in the Era of Free Trade Agreements (May 2008).  A Presentation to the Nevada World Trade Council in honor of International Trade Week. This was revised and shortened for a presentation to the IBSC on The U.S. Dollar and the Trade Deficit (Oct. 2008).

The Chinese Economy  (Feb. 2007). A presentation to the Reno-Sparks Chamber of Commerce and the Nevada World Trade Council.  Also available is the presentation by Al di Stefano.   A revised version of this, which incorporated a lecture by Hugh Shapiro, was presented to the Davidson Academy (2007). This was revised again and incorporated into a presentation for the Shultz Financial Group called Economic and Financial Market Developments in China and India (2007).

Presentation on Pricing for Rust Bullet (Oct. 2008)

Does the Party in Power Affect Economic Performance?  (May 2006).  A presentation in Washington at the invitation of Senator Reid to the Senate Democratic Leadership.

"Of politics and Sith mind tricks:  Does the party in power matter for economic performance?"  Reno News & Review, October 5, 2006. The UNR story on my trip to Washington.

What Happened to Japan? Why the World's Second Largest Economy Slowed Down.  A public presentation (Summer 2005).

Taxes, Myths, and Cons:  Facts about the Federal Budget and the Deficit.  A public presentation (Fall 2003).

Western Banking Schools Lecture (July 2005).

Guest Lecture on Deflation

Personal and Professional Biography (a little out of date)

Pictures:
Dawn and the Kids (Summer 2004)
Our Kids (Christmas 2003)
Our daughter Maya (Fall 2002)
Photos from Summer 2002
Photos of our trip in 2002 to adopt Maya
Photos from 2000-2002
Photos from 1996-1999

Humor Page
 
 

Past Co-Editor of China Economic Review, and creator of their original website (with the help of Michele Schochet).   - publisher's website   - editors' original website

Past Chairman of the Board of Directors for the Northern Nevada International Center (formerly the International Resource Center of Northern Nevada).

Past Webmaster for the Department of Economics.  I also served on the committees to redesign the website for the University and the College of Business, which now maintains the department website. Advisor for the International Business Major, and creator of its original website. Past Faculty Advisor for the Economics Club / Omicron Delta Epsilon, and creator of their website. Webmaster for the Reno Friends Meeting (also known as the Quakers). MHV Industries - An Introduction to Basic Evaluation and Decision Making (see also the lecture for ENGR 491).

(left to right) Shayne Del Cohen, Nevada Griffin, Larry Struve, Elliott Parker, Attorney General Frankie Sue Del Papa, Ambassador Hume Horan, Elena Bubnova, and Carina Black, at the Northern Nevada International Center's 2002 Global Gala.