School of Economics Sciences | WSU
Faculty
Richard Shumway
Regents Professor Emeritus
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.