Richard Shumway

Regents Professor Emeritus

• Vita

EDUCATION

• 1969 Ph.D., University of California, Davis
• 1967 M.S., University of California, Davis
• 1965 B.S., University of California, Davis

FIELDS OF INTEREST

• Production economics
• Taxation

PROFESSIONAL AND ACADEMIC APPOINTMENTS

• 2010-2016 – Regents Professor, School of Economic Sciences, WSU
• 2004-2010 – Professor, School of Economics Sciences, WSU
• 1998-2004 – Chair and Professor, Agricultural and Resource Economics, WSU
• 1980-98 – Professor, Agricultural Economics, Texas A&M University
• 1974-80 – Associate Professor, Agricultural Economics, Texas A&M University
• 1971-74 – Assistant Professor, Economics, North Carolina State University
• 1969-71 – 1st Lieutenant and Captain, U.S. Department of Army
• 1967-69 – Agricultural Economist, U.S. Department of Agriculture

PROFESSIONAL AWARDS AND RECOGNITION

• Published Research Award. Western Agricultural Economics Association, 2016
• WSU Distinguished Professor of Agricultural & Resource Economics, 2013-2015
• Published Research Award. Western Agricultural Economics Association, 2010
• Published Research Award, Western Agricultural Economics Association, 2008
• Distinguished Scholar, Western Agricultural Economics Association, 2004
• Fellow, Agricultural and Applied Economics Association, 2001
• Award for Lifetime Achievement, Southern Agricultural Economics Association, 2001
• Elected President, Agricultural and Applied Economics Association, 1998-1999
• Award for Publication of Enduring Quality, Agricultural and Applied Economics Association, 1995
• Associate Editor, American Journal of Agricultural Economics, 1994-1996
• Elected President, Western Agricultural Economics Association, 1989-1990
• Faculty Distinguished Achievement Award in Research, TAMU Association of Former Students, 1989
• Excellence in Team Research Award, Texas A&M University System, 1988
• Elected Speaker, Texas A&M University Faculty Senate, 1987-1988
• Excellence in Graduate Teaching Award, TAMU Agricultural Economics Graduate Student Association, 1987
• Co-editor, Journal of Agricultural and Resource Economics, 1986-1988
• Quality of Research Discovery Award, Agricultural and Applied Economics Association, 1984
• Visiting Scholar, Department of Economics, Harvard University, 1980-1981
• Outstanding Published Research Award, Agricultural and Applied Economics Association, 1971
• Outstanding Published Research Award, Western Agricultural Economics Association, 1971

TEACHING AND ACADEMIC ACTIVITIES

• Taught microeconomic theory (intermediate and graduate levels), production and consumption economics (senior and graduate levels), capstone (senior), econometrics (senior and graduate levels), farm management (intermediate level), research methodology (graduate level).
• Research advisor to 30 Ph.D. and 17 master’s students.

RESEARCH INTERESTS

• Research focuses on the economics of taxation, renewable energy, technical change, and relationships between environmental and international policy and decisions of multiple-product agricultural firms.