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Eight Questions with Gautam Gowrisankaran

Arizona Public Service Professor of Economics
Department of Economics
Ph.D. in Economics, Yale University


“Two of my biggest areas of research are the economics of healthcare markets and environmental and energy economics. The research questions help inform the impact of policies on some of the most crucial challenges of our time.”

What brought you to the Eller College?

Gautam GowrisankaranThe economics department has a strong research presence in my field of industrial organization.

How long have you been at Eller?

Over ten years now. I moved here in 2007.

What is your current research, and what most excites you about that area of focus?

I’m working on lots of topics. Too many topics to be honest! But, I’m excited about all of them (which is why I’m working on so many).

Two of my biggest areas of research are the economics of healthcare markets and environmental and energy economics. Specifically, I’m working on research questions such as understanding how narrow network health plans help lower healthcare costs and the productivity impacts of pollution regulation in China. These research questions are all super important, as they help inform the impact of policies on some of the most crucial challenges of our time.

What are you currently teaching, and what do you most enjoy about teaching?

I am currently teaching an Executive MBA class on strategy and a doctoral class on the econometrics of dynamic industrial organization models. They are such different classes and I love teaching them both! EMBA students are (very talented) consumers of the knowledge that we create while PhD students need to understand how to further develop this knowledge. Helping on both dimensions is really fun. Much of my PhD teaching involves helping students learn how to use frontier methods and data to better answer research questions. There has been an explosion of the availability and use of data in economics over the past 20 to 30 years and I am happy to be part of this emerging area of inquiry.

How do you bring your research into your teaching?

Broadly speaking, my research is about how policies and firm decision making affect outcomes. This research is hugely important in both the classes I mentioned. E.g., if I am teaching EMBA students a case about Coke and Pepsi, I am trying to develop the concepts of when competitors might be helpful to a business. This in turn requires understanding models of competition, advertising and experience goods, all of which relate to my research. In a PhD class, I focus on the methods that students will need to learn to become independent scholars at the frontier. It goes without saying that if I did not know frontier research methods, I could not effectively teach this class.

Gautam Gowrisankaran’s daughter shows off her father’s top hat and sword from the honorary doctorate ceremony.
Photo by Gautam Gowrisankaran.

You were awarded an honorary doctorate this summer. Tell us about that.

Yes, I received a doctorate honoris causa  from the University of Oulu in northern Finland this spring. The honorary degree is the highest honor of the University of Oulu and is given to people whom the faculty feel have contributed significantly with their scholarship or other work and who also have a connection with the university. In my case, I am working with them on understanding how hydroelectricity adds to the value of renewable energy, along with my colleague Stan Reynolds. Incidentally, the University of Oulu’s business school is one of only four AACSB accredited business schools in Scandinavia; it was an impressive place to visit.
 
I was truly honored to have my work recognized in this way. The ceremony was also fantastic. My whole family came. The graduation party ended at sunrise at 3 a.m. In Finland, they give doctors a sharpened sword to represent the fight for truth. However, I’m still waiting for mine to get shipped to Tucson as U.S. customs doesn’t like swords being mailed. It will soon be in my office, hopefully.

Beyond research and teaching, what are your passions?

I have three kids which limits my time for other passions besides work! However, I love skiing, as does the whole family. I also love biking and running, reading, playing and listening to classical music, traveling, and learning languages.

What does the Eller Experience mean to you?

It means that we must engage students by integrating our core competencies of research and teaching to add value to our students.
  

Learn more about Gautam Gowrisankaran on his faculty page.


Photo of Gautam Gowrisankaran by Eller College of Management.