Lee Adkins Professor of Economics and Department Head Department of Economics and Legal Studies in Business Personal Website 339 Business Building Stillwater Campus 405-744-5196 (Phone) 405-744-5180 (Fax) Curriculum vitae / Résumé

Lee Adkins’ research explores various topics in biased estimation and hypothesis testing. He has also worked with others in economics, finance, accounting and management on various applied studies. His research appears in scholarly journals that include the American Journal of Agricultural Economics, Econometric Reviews, the Southern Economic Journal, National Tax Journal, Communications in Statistics, the Journal of Statistical Computation and Simulation, the Journal of Futures Markets, Economics Letters, Advances in Econometrics, the Journal of Financial Research, the Journal of Regional Science, Applied Economics, the Journal of Applied Econometrics, and others. He has coauthored with R. Carter Hill two editions of “Using Stata for Principles of Econometrics” and authored “Using gretl for Principles of Econometrics,” which is in use world-wide and available for download from his website,


Ph D, Louisiana State UniversityEconomics1988
MS, Louisiana State UniversityEconomics1985
BS, Florida State UniversityMarketing1980
AS, Pensacola Junior CollegeGeneral Studies1978


Naneida Lazarte-Alcala, Lee Adkins, Bidisha Lahiri & Andreas Savvides. (2014). "Remittances and Income Diversification Strategy for Bolivia's Rural Sector". Applied Economics. 46 (8), 848–858.

Lee Adkins & Mary Gade. (2013). "Monte Carlo Experiments Using Stata: A Primer with Examples". Advances in Econometrics. (Forthcoming). 30 978-1-78190-309-4.

Lee Adkins, Randall C Campbell, Viera Chmelarova, R. Carter Hill. (2012). "The Hausman Test, and Some Alternatives, with Heteroskedastic Data". Advances In Econometrics: Essays in Honor of Jerry Hausman. 29

Lee Adkins & Hill R. Carter. (2012). "Using STATA for Principles of Econometrics, 4th edition". John Wiley & Sons. 978-1-11803208-4.

Lee Adkins. (2012). "Testing Parameter Significance in Instrumental Variables Probit Estimators: Some simulation results". Journal of Statistical Computation and Simulation. 82 (10), 1415-1436.

Lee Adkins. (2011). "Using Gretl for Monte Carlo Experiments". Journal of Applied Econometrics. 26, 880-885.

Lee Adkins. (2011). "Using GRETL for Principles of Econometrics, 4th edition". , 488.

Lee Adkins & Andreas Savvides. (2010). "Convergence and the Short-Run Dynamics of Prices in a Currency Union". E-Journal of Business and Economic Issues. 5 (2)

Lee Adkins. (2009). "An Instrumental Variables Probit Estimator Using GRETL". EHUBOOKS -- Universidad del Pais Vasco. 978-84-692-2600-1.

Tim Krehbiel & Lee Adkins. (2008). "Extreme Daily Changes in U.S. Dollar London Interbank Offer Rates". International Review of Economics and Finance. 17 (3), 397-441.

Lee Adkins. (2008). "Small Sample Properties of Instrumental Variables Probit Estimators: A Monte Carlo Investigation". Alexandria VA: JSM Proceedings, American Statistical Association.

Lee Adkins. (2008). "Using GRETL for Principles of Econometrics". (3rd), 379.

Lee Adkins & R.C. Hill. (2008). "Using Stata for Principles of Econometrics". John Wiley & Sons. (3rd), 459. 978-0-470-18546.

Lee Adkins & Ron Moomaw. (2007). "Analyzing the Technical Efficiency of Oklahoma Schools". The Journal of Economics. 23 (2), 41-61.

Lee Adkins, David Carter & Gary Simpson. (2007). "Managerial Incentives and Use of Foreign-Exchange Derivative Usage by Banks". Journal of Financial Research. 30, 399-413.

Lee Adkins & Tim Krehbiel. (2005). "Price Risk in the NYMEX Energy Complex: An Extreme Value Approach". The Journal of Futures Markets. 48, 309-337.

Lee Adkins, Dan Rickman & Abid Hameed. (2003). "Bayesian Estimation of Production for Regional CGE Modeling". Journal of Regional Science. 43 (4), 641-661.

Lee Adkins & Ron Moomaw. (2003). "The Impact of Local Funding on the Technical Efficiency of Oklahoma Schools". Economics Letters, 81, 31-37.

Lee Adkins, Ron Moomaw. (2002). "Institutions, Freedom, and Technical Efficiency". Southern Economic Journal, 69, 92-108.

Tim Krehbiel & Lee Adkins. (2000). "Using Cointegration Restrictions to Improve Inference in Vector Autoregressive Systems". Review of Quantitative Finance and Accounting. 14, 193-208.

Tim Krehbiel, Lee Adkins. (1999). "Mean Reversion and Volatility of Short-Term LIBORs: An Empirical Comparison of Competing Models". International Review of Economics and Finance. 8 (1), 46-54.

Tim Krehbiel & Lee Adkins. (1996). "Do Systematic Risk Premiums Persist in Eurodollar Future Prices?". Journal of Futures Markets, 16 (4), 389-403.

Tim Krehbiel & Lee Adkins. (1994). "Interest Rate Futures: Evidence on Forecast Power, Expected Premiums, and the Unbiased Expectations Hypothesis". Journal of Futures Markets, 14 (5), 531-544.

Tim Krehbiel & Lee Adkins. (1993). "Cointegration Tests of the Unbiased Expectations Hypothesis in Metals Markets". Journal of Futures Markets, 13 (7), 753-63.

Mary Gade & Lee Adkins. (1990). "Tax Exporting and State Revenue Structures". National TaxJournal. , 39-52.

Awards and Honors

Distinguished Research Award (1998)
Outstanding Dissertation in the University (1988)
LSU Alumni Federation Fellowship (1983)
Beta Gamma Sigma (1980)

Editorial and Review Activities

Dynamic Econometric Models
Editorial Board Member