Department of Economics
Professor Shelton S. Schmidt

Shelton S. Schmidt

Job Title
Chauncey H. Winters Professor of Economics
Lippman Hall 218

Research interests

Industrial organization, econometrics, efficiency measurement


“Accounting for Environmental Effects and Statistical Noise in Data Envelopment Analysis,” with Harold O. Fried, C.A. Knox Lovell, and Suthathip Yaisawarng, Journal of Productivity Analysis, 17(1/2), January/March 2002, pp. 157-174.

“The Fisher Z-Transformation: A Method to Test for Value Relevance in International Accounting Research,” with Joan Hollister, The Journal of Accounting and Finance Research, Volume 9, Number 3, Summer II, 2001, pp. 1-9.

“Incorporating the Operating Environment into a Nonparametric Measure of Technical Efficiency,” with Harold O. Fried and Suthathip Yaisawarng, Journal of Productivity Analysis, 12(3), November 1999, pp. 249-267.

“Productive, Scale and Scope Efficiencies in U.S. Hospital-Based Nursing Homes,” with Harold O. Fried and Suthathip Yaisawarng, INFOR Special Issue on Evaluating Performance in Public and Service Sector Organizations, 36(3), august 1998, pp. 103-119.

The Measurement of Productive Efficiency: Techniques and Applications, edited with Harold O. Fried and C.A. Knox Lovell, New York: Oxford University Press, 1993.

“Productivity Changes in the U.S. Electric Power Industry,” with J. Douglass Klein and Suthathip Yaisawarng, in Empirical Studies in Industrial Organization: Essays in Honor of Leonard W. Weiss, D.B. Audretsch and J.J. Siegfried (eds.), Kluwer Academic Publishers, 1992, pp. 207-236.

Professional activities

Advisory Board, North American Productivity Workshop, Union College, June 20-22, 2002.

Academic credentials

B.A., University of Virginia; Ph.D., University of Virginia