Professor Roger R. Betancourt received his PhD from the University of Wisconsin in 1970. He joined the Faculty at Maryland in 1969 and became Emeritus in 2007.
Among his main accomplishments at Maryland he would highlight Ph. D. dissertation advising. He is the first recipient in the Economics Department of the Mentorship Award from the Division of Behavioral and Social Sciences for this activity. His former students have raised funds to endow a Fellowship in Applied Economics recognizing this activity. The first Fellowship was awarded during the 2010-2011 academic year.
While Professor Betancourt no longer has any standard teaching or administrative duties at Maryland, he continues engaged in research on a regular basis as well as advising on a selective one. Throughout his career Professor Betancourt has been interested in the use of economics to understand real world problems. This orientation led him to become a frequent visitor engaged in teaching and research at business schools in the US and elsewhere, which he continues to do: INSEAD (Fountainebleau, France) in the 1980's and early 1990's; the Kermit O. Hanson Visiting Chair at the University of Washington Graduate School of Business in 1996; Departamento de Gestion de Empresas, Universidad Publica de Navarra (Pamplona, Spain) from 1997 to the present; Bozzone Visiting Scholar at The Lally School of Management and Technology, Rensselaer Polytechnic University, 2008; Affiliate Faculty in the Marketing Department of the Robert H. Smith School of Business at Maryland from 2004-2010; Keynote Speaker at the IV Scientific Meeting of the Ramon Areces Commercial Distribution Chair at the University of Oviedo (Asturias, Spain), 2012; Inaugural Lecturer at the Doctoral Colloquium of AEMARK Annual Meetings (Pamplona, Spain), 2015.
In terms of public service contributions Professor Betancourt would highlight one item. His role as one of the founders of the Association for the Study of the Cuban Economy in 1990. The latter is described in "The Origins of ASCE", which is available in the development section of the personal website. This association quickly became and still remains an important forum in the United States for well informed discussions of the Cuban economy broadly defined. He was its first President (1990-1992) and remains a frequent participant in the intellectual activities of the association, especially its annual meetings. The paper and proceedings of the latter are available at www.ascecuba.org. An illustration of his approach to the study of the Cuban economy is available in "A Novel Perspective on Cuba's Reforms" Cuban Affairs Vol. 10, No 1, April 2015. This article can be downloaded from the development section of the personal website.
With respect to research activities Professor Betancourt's major contributions lie in three substantive areas. 1) Production. A brief introduction to the topic underlying his main long term contributions in this area is available in "Capital Utilization" [entry in S. Durlauf and L. Blume (eds.)The New Palgrave Dictionary of Economics, 2nd edition, The Macmillan Press, 2008]. It can be downloaded from the production section of the personal website. 2) Retailing and distribution. A book that encompasses many of his contributions on this subject is the reference work The Economics of Retailing and Distribution, Edward Elgar Publishing, Ltd., 2004 [paperback edition (2006), Chinese translation by Renmin University Press (2009)]. A review paper updating these contributions and including the impact of Internet technology and modern contract forms such as relational contracts is "Distribution Services, Technological Change and the Evolution of Retailing in the Twenty-First Century", Ch. 4 in E. Basker (editor) Handbook on the Economics of Retailing and Distribution, Edward Elgar Publishing, Ltd., 2016. It can be downloaded from the distribution section of the personal website. 3) Institutions and development. An illustration of contributions in this area is "Unbundling Democracy: Political Rights and Civil Liberties"(with A. BenYishay), Journal of Comparative Economics, August 2014. It can be downloaded from the development section of the personal website.
Currently, Professor Betancourt is involved in several research projects that cover a variety of topics in the last two substantive areas. For additional information on these topics, please consult the CV or the personal website.
Areas of Interest
- Applied Microeconomics
- Economic Development
- Retailing and Distribution
- Private Sales Clubs: A 21st Century Distribution Channel, , Journal of Interactive Marketing 37(1 ), 44-56, February .
- Distribution services, technological change and the evolution of retailing and distribution in the twenty-first century, , Handbook on the Economics of Retailing and Distribution (E. Basker ed.), Edward Elgar Publishing, Northampton., MA, USA Part I(Chapter 4 ), 73-96, March .
- Channel Choice in the 21st Century: The Hidden Role of Distribution Services, , Journal of Interactive Marketing 33(February ), 1-12, February .
- A Novel Perspective on Cuba’s Reforms, , Cuban Affairs 10(1 ), April .
- Political Acceptance as an Alternative or Complement to Political Legitimacy: Concept, Measurement and Implications, , Society for Institutional & Organizational Economics, September .
- The Impact of Market Environments on Marketing Relationships, , International Journal of Marketing Studies 6(1 ), 45-65, February .
- Unbundling Democracy: Political Rights and Civil Liberties, , Journal of Comparative Economics 42(3 ), 552-568, August .
- Why Cuba Remained a Colony While Latin America Became Independent: Implications for the Current ‘Transition’, , Cuban Affairs 6(4 ), December .
- Civil Liberties and Economic Development, , Journal of Institutional Economics 6(3 ), 281-304, September .
- The Political Will to Democratize in Cuba: An Implication for U.S. Policy, , Cuban Affairs 4(2 ), July .
- The Demand for and the Supply of Distribution Services: A Basis for the Analysis of Customer Satisfaction in Retailing, , Quantitative Marketing and Economics 5(3 ), 293-312, September .
- The Distribution Sector and the Development Process: Are There Patterns? Yes, , Economic Inquiry 40(2 ), 166-176, April .
- The Allocation of Publicly-Provided Goods to Rural Households in India: On Some Consequences of Caste, Religion and Democracy, , World Development 28(12 ), 2169-2182, December .
- An Estimable Model of Supermarket Behavior: Prices, Distribution Services and Some Effects of Competition, , Empirica 26(1 ), 55-73, March .
- Distribution Services and Economic Power in a Channel, , Journal of Retailing 74(1 ), 37-60, January .
- An International Comparison of the Determinants of Retail Gross Margins, , Empirica 23(2 ), 173-189, June .
- Growth Capabilities and Development: Implications for Transition Processes in Cuba, , Economic Development and Cultural Change 44(2 ), 315-331, January .
- Are Financial Variables Inputs in Delivered Production Functions? No, , Revista de Analisis Economico 10(1 ), 3-17, June .
- The Outputs of Retail Activities: Concepts, Measurement and Evidence from U.S. Census Data, , Review of Economics and Statistics 75(2 ), 294-301, May .
- Two Essential Characteristics of Retail Markets and Their Economic Consequences, , Journal of Economic Behavior and Organization 21(3 ), 277-294, August .
- The Demand for Retail Products and the Household Production Model: New Views on Complementarity and Substitutability, , Journal of Economic Behavior and Organization 17(2 ), 257-275, March .
- The Outputs of Retail Activities: French Evidence, , Applied Economics 24(9 ), June .
- Demand Complementarities, Household Production, and Retail Assortments, , Marketing Science 9(2 ), 146-161, May .
- Credit, Money and Production: Empirical Evidence, , Review of Economics and Statistics 71(4 ), 712-717, November .
- Neoconservative Economic Experiments in the Southern Cone, , Latin American Research Review 24(3 ), 224-239, October .
- The Economics of Retail Firms, , Managerial and Decision Economics 9(2 ), 133-144, June .
- Capital Utilization in the Heckscher-Ohlin Model, , International Trade Journal 2(1 ), 1-22, September .
- Economies of Scale and the Load Factor in Electricity Generation, , Review of Economics and Statistics 69(3 ), 551-556, August .
- A Generalization of Modern Production Theory, , Applied Economics 18(8 ), 915-928, August .
- The Duration of Operations and the Estimation of Substitution Possibilities, , European Economic Review 30(6 ), 1189-1195, December .
- The Evolution of Retailing: A Suggested Economic Interpretation, , International Journal of Retail Marketing 3(4 ), 217-232, April .
- Capital Utilization and Factor Specificity, , Review of Economic Studies 52(2 ), 311-329, April .
- Trade and Factor Prices in a Model of Capital Utilization, , Southern Economic Journal 50(3 ), 734-742, January .
- An Econometric Analysis of Peak Electricity Demand in the Short-Run, , Energy Economics 3(1 ), 14-29, January .
- Lagged Endogeneous Variables and the Cochrane-Orcutt Procedure, , Econometrica 49(4 ), 1073-1078, July .
- An Econometric Analysis of Capital Utilization, , International Economic Review 19(1 ), 211-227, February .
- Aggregation Theory and the Ideal Price Deflator: A Note, , Metroeconomica 29(2 ), 183-186, June .
- On the Consequences of Planning Interval Specification Error for the Estimation of Dynamic Models, , Journal of Econometrics 6(2 ), 237-242, September .
- The Theory of Capital Utilization in Labor Managed Enterprises, , Quarterly Journal of Economics 91(3 ), 453-467, August .
- Multiple Shifts and the Employment Problem in Developing Countries, , International Labour Review, September .
- The Dynamics of Inflation in Latin America: Comment, , American Economic Review 66(4 ), 688-691, September .
- An Economic Analysis of Capital Utilization, , Southern Economic Journal 42(1 ), 69-78, July .
- Increasing Risk and Nonseparable Utility Functions, , Journal of Economic Theory 6(6 ), 575-581, December .
- A Neo-Classical Model of Economic Growth with an Endogenously Positioned Technical Change Frontier: Comment, , The Economic Journal 81(323 ), 616-619, September .
- Intertemporal Allocation under Additive Preferences: Implications for Cross-Section Data, , Southern Economic Journal 37(4 ), 458-468, April .
- The Estimation of Price Elasticities from Cross-Section Data under Additive Preferences, , International Economic Review 12(2 ), 283-292, June .
- The Normal Income Hypothesis in Chile, , Journal of the American Statistical Association 66(334 ), 258-263, June .
see teaching section of personal website for a complete list