Wallace Edgar Huffman

C.F. Curtiss Distinguished Professor of Agriculture and Life Sciences, and Professor of Economics and Agricultural Economics





Department of Economics 


Iowa State University 

Ames, IA 50011 





515-294-0221 and/or 294-6644



Primary Research Areas: Human Capital (Schooling, Health, Information, Immigration), Ag Household Models, Ag R&D Management and Policy, Adoption/Acceptance of Technologies, Ag Economics, Applied Econometrics and Experimental Economics

Primary Teaching Areas: Labor Economics (human capital and labor supply, including agricultural and productive household models); Econometrics; Science and Technology and Economic Growth; and Agricultural Economics


Awards: Quality of Research Discovery Awards, given by the American Agricultural Economics Association:


  1978 for the publication, “Allocative Efficiency: The Role of Human Capital,” Quarterly Journal of Economics 91 (Feb. 1977, pp. 59-80) by W.E. Huffman.


  1987 for the publication, "U.S. Mexican Trade in Winter Vegetables and Illegal Immigration," Am. J. Agr. Econ. 68 (May 1986, pp. 246-260) by S. J. Torok and W.E. Huffman.


  1994 for Science for Agriculture: A Long-Term Perspective (Iowa State University Press, 1993), by W.E. Huffman and R.E. Evenson, (Honorable Mention; 2nd Place Award).


  1995 for "Agricultural Research Expenditures in the United States: A Public Goods Perspective," Review of Economics and Statistics, 66 (May 1994:267-277) by J. Khanna, W.E. Huffman, and T. Sandler.


Gold Award for 2006 Excellence in Writing: Science/Technology/Research, by Agriculture Communications Society for "Formula for Success: The Value of Federal Formula Funds to the U.S. Agricultural Food System," ISU Agricultural Experiment Station, 2005.


Named a Fellow of the American Agricultural Economics Association (1994).

Dean’s Citation for Extraordinary Contributions to the College of Agriculture, ISU, 2006.


Who’s Who in Economics: A Biographical Dictionary of Major Economists, 1700!, 2nd and 3rd Ed., MIT Press 1986; Edward Elgar 1999 (Inclusion based on citations). 

Faculty Improvement Leaves:

(1) awarded by Iowa State University for study and research in applied econometrics, Yale University, Fall 1980-Spring 1981;

(2) awarded for research and writing on a book manuscript The Development of U.S. Agricultural Research and Education: An Economic Perspective, Spring 1987;

(3) awarded for collaborative research, writing, and study at the University of Maryland-College Park with a focus on financing and managing agricultural research, Spring semester 1998;

(4) awarded by Iowa State University for foreign travel (Erasmus University-Rotterdam), study and research on health economics and agency theory derived incentives for multitasking scientists.


Foreign Travel Grant, awarded by Iowa State University

(1) to attend the XIX International Conference of Agricultural Economists, Malaga, Spain, Aug. 26 - Sept. 4, 1985; (2) to attend the XXII International Conference of Agricultural Economists, Harare, Zimbabwe, Aug. 22-29, 1994; (3) to present a plenary paper at the XXIV International Conference of Agricultural Economists, Berlin, Germany, Aug. 13-18, 2000; (4) to present paper at 8th Conference sponsored by the International Consortium on Agricultural Biotechnology Research, Ravello, IT, July 8-11, 2004.


U.S. - U.S.S.R. Economics Symposium: Selected by the American Economics Association Committee on Foreign Exchanges for the 10th Annual Symposium. Symposium held Tbilisi, Georgia, USSR, Aug. 29 - Sept. 9, 1987.


Other Current Activities: 

  • University: Member, The Graduate Council, which serves as the executive committee of the Graduate Faculty
  • Dept: Member, Promotion and Tenure Committee; Member and Chair, Faculty Awards Committee; Coordinator of Human Resources Workshop
  • Member, Committee on Opportunities in Agriculture, National Research Council (NRC), Board on Agriculture and Natural Resources, Aug. 1, 2000, and co-author of Committee Report:  Frontiers in Agricultural Research: Food, Health Environment, and Communities (National Academy Press, 2002).
  • Associate Editor, Review of Economics of the Household, 2001- present.
  • Consultant:  World Bank and ISNAR of the CGIAR.
  • North Central Regional Research Committee, Board on Agriculture, Committee on Future
  • Opportunities in Agriculture, Chairman of Committee, 1996-present.

Recent and Forthcoming Articles

Vita (excluding publications and papers)

Publications and Papers
Autobiographical Sketch

Courses Taught

ECON 486X ( Science and Technology and Human Growth)

ECON 520 (Human Capital and Labor Supply)

ECON 571 (Intermediate Econometrics)

ECON 671 (Econometrics I)

ECON 672 (Econometrics II)