Department of Economics and Related Studies
Professor David J. Mayston
M.A. (Cantab), Ph.D. (Cantab), M.Sc. ( London )
Fellow, Royal Society of Arts (FRSA)
Member, Editorial Board, Financial Accountability and Management
Research Interests
Human Capital Investment and Risk Management, Effectiveness Analysis and Resource Allocation in Education, Real Options and Risk Management, Performance Evaluation, Endogeneity Bias in Multivariate Analysis, Public Capital Resource Management and Financial Reporting.
Selected Papers
"The Determinants of Cumulative Endogeneity Bias in Mutivariate Analysis", Journal of Multivariate Analysis, vol 100, pp. 1120 - 1136, July 2009, Elsevier.
(with Juan Yang) "An Empirical Study on Educational Investment for All Levels of Higher Education in China", Frontiers of Economics in China, vol.4, pp. 46 - 61, March 2009, Springer-Verlag.
“Competition and Resource Effectiveness in Education”, The Manchester School , vol. 75, No. 1, 2007, pp. 47 – 64.
Educational Value Added and Programme Evaluation, DfES Research Report 847, Department for Education and Skills, London, 2006, 140pp.
“Structural Determinants of Cumulative Endogeneity Bias”, University of York Discussion Papers in Economics , No. 2005-11, 2005, 28 pp.
“The Private Finance Initiative in the National Health Service – An Unhealthy Development in New Public Management?” in The Economics of Public Private Partnerships, D. Grimley and M.K. Lewis (eds), International Library of Critical Writings in Economics: Series Editor: Mark Blaug, Edward Elgar, 2004.
“Measuring and Managing Educational Performance”, Journal of the Operational Research Society, vol. 54, 2003, pp. 679 – 691.
Departmental Responsibilities
Professor of Public Sector Economics, Finance and Accountancy
Director, Centre for Performance Evaluation and Resource Management
Director, M.Sc. Programme in Project Analysis, Finance and Investment