Spiro E. Stefanou Ph.D.
- Ph.D., University of California, Davis, 1983
My research focuses on production economics, the economics of productivity and innovation, the dynamics of economic adjustment, and economic policy issues. This research program can be classified broadly as dynamic economic modeling with more recent efforts focusing on the dynamic generalizations of scale and scope economies, efficiency, productivity growth, learning-by-doing, capacity utilization, and product innovation.
- AG BM 440: Food Product Innovation Management
- AEREC 510: Econometrics
- AEREC 534: Advance Production Economics
Recent Selected Publications
Serra, Teresa; Lansink, Alfons Oude; Stefanou, Spiro E. 2011. Measurement of Dynamic Efficiency: A Directional Distance Function Parametric Approach. American Journal of Agricultural Economics. 93(3): 752-763.
Emvalomatis, Grigorios; Stefanou, Spiro E.; Lansink, Alfons Oude. 2011. A Reduced-Form Model for Dynamic Efficiency Measurement: Application to Dairy Farms in Germany and The Netherlands. American Journal of Agricultural Economics. 93(1): 161-174.
Stefanou, Spiro (ed.). 2010. American Journal of Agricultural Economics. Special Issue Commemorating the Centennial of the AAEA , April 2010.
Serra, Teresa, Spiro E. Stefanou and Alfons Oude Lansink. 2010. Dynamic State Contingent Production and Capital Accumulation in U.S. Agriculture. European Review of Agricultural Economics 37(3):293–312.
Balasubramanyan, Lakshmi, Spiro E. Stefanou and Jeffrey Stokes. 2010. Declining Cost Efficiency as a Signal of Increasing Bank Vulnerability: An Information Theoretic Approach. Applied Economics Letters 17(18): 1769-1781.
Serra, Teresa; Stefanou, Spiro; Lansink, Alfons Oude. 2010. A dynamic dual model under state-contingent production uncertainty European Review of Agricultural Economics. 37(3): 293-312.
Balasubramanyan, Lakshmi, Spiro E. Stefanou and Jeffrey Stokes. 2010. An Entropy Approach to Size and Variance Heterogeneity in U.S. Commercial Banks. Journal of Economics and Finance [ OnlineFirst DOI: I 10.1007/s12197-010-9148-5].
Lambarraa, Fatima; Stefanou, Spiro; Serra, Teresa; Gil, José M. 2009. The impact of the 1999 CAP reforms on the efficiency of the COP sector in Spain Agricultural Economics . 40(3): 355-364.
Gehlhar, M., A. Regmi. S.E. Stefanou and B. Zoumas, 2009. Brand leadership and product innovation as firm strategies in global food markets, Journal of Product and Brand Management . 18(2): 115-126.
Teresa Serra; Spiro Stefanou; José M. Gil; Allen Featherstone. 2009. Investment rigidity and policy measures. European Review of Agricultural Economics. 36(1): 103-103.
Stokes, J.R., R. Rajagopalan and S.E. Stefanou, 2008. Investment in a methane digester: an application of capital budgeting and real options, Review of Agricultural Economics 30(4): 664-676.
Kerstens, K. and S.E. Stefanou, editors, Special Issue on the Context of Discovery: An Experiment in Modeling R&D in Agriculture, Journal of Productivity Analysis 30 (August), 91 pp.
Wen, F.I. and S.E. Stefanou, 2007, Social learning and production heterogeneity, Journal of Developing Areas 41, 1, (Fall 2007), 91-115.
Silva, E. and S. E. Stefanou, 2007. Dynamic efficiency measurement: theory and application. American J of Agricultural Economics 89(2): 398-419.
Rungsuriyawiboon, S. and S.E. Stefanou, 2007. Dynamic efficiency estimation: an application to US electric utilities, J of Business and Economic Statistics 25,(2): 226-238.
Choi, O., S.E. Stefanou and J.R. Stokes, 2006, The dynamics of efficiency improving input allocations and reorganization costs, Journal of Productivity Analysis, 25, (April), 159-71.
Silva, E. and S.E. Stefanou, 2003, Nonparametric dynamic production analysis and the theory of cost, Journal of Productivity Analysis , 19 (January), 5-32.
Recent awards, honors and recognitions
Board of Directors, Agricultural and American Economics Association, 2006-2009.
Fellow, American Agricultural Economics Association, 2006
Mansholt Senior Scholar, Business Economics, Wageningen University, 2006
Marie Curie Senior Fellow, Economics, University of Crete, 2006
Thesis Advisor of MEMS Torries Prize for Outstanding Graduate Research student, 2003
Harbaugh Faculty Scholar Award, Penn State University, 2001
Featured Article Editor, Applied Economic Perspectives and Policy , 2013-2015
Agricultural Economics Review
Associate Editor, European Review of Agricultural Economics , 2001-2008
Associate Editor, AgBioForum , 2003-present
Associate Editor, Journal of Productivity Analysis , 2002-present
Editor, American Journal of Agricultural Economics , 1997-2002