Abstract
In the study of Ph.D. production, economists focus on broad market factors while policy researchers focus on the demographic cohort of available students. This study disaggregates the analyses and examines the role of the individual graduate department in influencing Ph.D. output levels. Several different models of Ph.D. production are described and compared in a regression analysis on the annual Ph.D. output of physics departments for the period 1968 to 1973. The results indicate that enrollment levels, prestige of department, and funding to the department all contribute to Ph.D. output at the departmental level. Thus, at the micro level, departmental characteristics must be considered important factors influencing Ph.D. output, with implications for public policy as well as for theory.
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