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Education
Teaching Winter 2009
Teaching Economics
711 on M 6:00 - 9:30 p.m.
Teaching Finance
715 on TH 10:00 - 11:45 a.m.
Teaching MN3001
(Economics for Managers) on T 3:00 - 6:00 p.m. for the
Naval Postgraduate School
Current Research Interests
- Pharmaceutical Pricing & Utilization
- Pharmaceutical Policy
- Industrial Economics
- Regional Economic Development
Publications
- Jeff J. Guo, Yonghua Jing, Kiet Nguyen, Huihao Fan,
Xing Li, and C.M.L. Kelton (2008), "Principal Components Analysis of Drug
Expenditure and Utilization Trends for Major Therapeutic Classes in U.S.
Medicaid Programs," forthcoming in Journal of Medical Economics.
- Jeffery A. Demland, Yonghua Jing, C.M.L. Kelton, Jeff
J. Guo, Hong Li, and Patricia R. Wigle (2008), "Drug Use Pattern and
Off-Label Use of Atypical Antipsychotics Among Adult Patients with Bipolar
Disorder: 1998-2002," forthcoming in American Health & Drug
Benefits.
- Yann Ferrand, C.M.L. Kelton, Ke Chen, and Howard A.
Stafford (2008), "Biotechnology in Cincinnati: Clustering or
Colocation?," forthcoming in Economic Development Quarterly.
- Jeff J. Guo and C.M.L. Kelton (2008), "The Role of
Epidemiology in New Drug Development," American Health &
Drug Benefits, 2(1) Supplement: S49-S54.
- Yan Chen, C.M.L. Kelton, Yonghua Jing, Jeff J. Guo,
Xing Li, and Nick C. Patel (2008), "Utilization, Price, and Spending Trends
for Antidepressants in the U.S. Medicaid Program," Research in Social and Administrative Pharmacy,
4: 244-257.
- Jeff J. Guo, Paul E. Keck, Hong Li, Ray Jang, and
C.M.L. Kelton (2008), "Treatment Costs and Health Care Utilization for
Patients with Bipolar Disorder in a Large Managed Care Population,'' Value in Health,
11(3): 416-423.
- C.M.L. Kelton, Robert P. Rebelein,
Pamela C. Heaton, Yann Ferrand, and Jeff J. Guo (2008), “Differences in the
Cost of Antidepressants Across State Medicaid Programs,” The Journal of Mental Health Policy
and Economics, 11(1): 33-47.
- Wenmin Du, Yonghua Jing, C.M.L. Kelton, and Jeff J.
Guo (2008), "Drug Safety Surveillance in China and Other Countries: A Review
and Comparison,'' Value in Health, 11 Supplement 1: S130-S136.
- C.M.L. Kelton, Margaret K. Pasquale, and
Robert P. Rebelein
(2008), “Using NAICS to Identify National Industry Cluster Templates for Applied
Regional Analysis,” Regional Studies, 42(3): 305-321.
- C.M.L. Kelton, Robert P. Rebelein,
Michelle L. Dusing, Yann Ferrand, and Jeff J. Guo (2007), “Analysis of
Pharmaceutical Products with Large Price Changes in a Regional Hospital
System,” Journal of Pharmaceutical
Finance, Economics and Policy; 16(2): 61-86.
- Yonghua Jing, Patricia Klein, C.M.L. Kelton, Xing Li,
and Jeff J. Guo (2007), "Utilization and Spending Trends for
Antiretroviral Medications in the U.S. Medicaid Program from 1991 to 2005,"
AIDS Research and Therapy 4:22, available at
http://www.aidsrestherapy.com/content/4/1/22.
- Jeff J. Guo and C.M.L. Kelton (2007), “Competition:
Brand-Name versus Generic Drugs," in Handbook of Pharmaceutical
Public Policy, eds. Thomas R. Fulda and Albert I. Wertheimer, Chapter 20,
pp. 395-416, Haworth Press, Inc., New York.
- Yonghua Jing, C.M.L. Kelton, Xing Li, and Jeff J. Guo
(2007),``Lethal Drug Probe in China: The Case of Xinfu Clindamycin,'' Pharmacoepidemiology and Drug Safety
16, 928-932.
- C.M.L. Kelton and Robert P. Rebelein
(2007), “Can We Have a High-End Retail Department Store?,” Economic Development
Journal; 6(1):22-29.
- C.M.L. Kelton and Robert P. Rebelein (2007), “A
General-Equilibrium Analysis of Public Policy for Pharmaceutical Prices,” Journal of Public Economic Theory; 9(2):285-318.
- Yonghua Jing, C.M.L. Kelton, Jeff J.
Guo, Huihao Fan, Yan Chen, Xing Li, and Nick C. Patel (2007), “Price, Utilization, and Spending for Antipsychotic
Medications in the Medicaid Program,” Drug Benefit Trends; 19(1):27-41.
- Yonghua Jing, C.M.L. Kelton, Jeff J.
Guo, Yan Chen, Xing Li, and
Patricia R. Wigle (2006), “Price and Utilization of Statins in the Medicaid Program,”
Drug Benefit Trends; 18(11):580-592.
- C.M.L. Kelton,
Jeffrey Rexhausen, and George Vredeveld (2006), “The Spatial Distribution of Chemical Production in
the USA.” Regions & Locations Guide 01/2006: 44-46.
- C.M.L. Kelton, Margaret K.
Pasquale, and Miriam Levitt (2006), “Barriers to SCHIP Enrollment: A
Statistical Cross-County Study for the State of Pennsylvania,” Politics
and the Life Sciences 24(1-2), 22-31.
- Michelle L. Dusing, Jeff. J. Guo, C.M.L. Kelton, and Margaret K. Pasquale,
(2005), “Competition and
Price Discounts for a Hospital Buyer in the Anti-Infective Pharmaceutical
Market,”
Journal of Pharmaceutical Finance,
Economics, and Policy 14(2), 59-85.
- Jeff. J. Guo, C.M.L. Kelton, Margaret K. Pasquale,
Jennie Zimmerman, Amit Patel, Pamela C. Heaton, and Robert J. Cluxton (2004),
“Price and Market-Share
Competition of Firms Selling Anti-Ulcer Gastric Medications in the Ohio
Medicaid Market,”
International Journal of
Pharmaceutical Medicine 18(5), 271-282.
- Elizabeth M. Caucutt, Mrinal Ghosh, and C.M.L. Kelton (1999),
“Durability
Versus Concentration as an Explanation for Price Inflexibility,” Review of
Industrial Organization 14, 27-50.
- Elizabeth M. Caucutt, Mrinal Ghosh, and C.M.L. Kelton (1998),``Robustness
of the Relationship Between Price Variability and Inflation for United
States Manufacturing,'' Applied Economics 30, 513-519.
- C.M.L. Kelton and Linda G. Schneider Stone (1998),
“Optimal Television
Schedules in Alternative Competitive Environments,”
European Journal of
Operational Research 104, 451-473.
- Elizabeth M. Caucutt, Mrinal Ghosh, and C.M.L. Kelton (1994), “Pricing
Behavior in United States Manufacturing Industries: A Statistical Study Using
Disaggregated Data,” Review of Industrial Organization 9,
745-771.
- C.M.L. Kelton (1994), ``Entry and Exit in
Markov-Process Models Estimated from Macro Data, with Applications to Shifts
Between Advertising Media,'' Journal of Statistical Computation and
Simulation 50, 213-233.
- C.M.L. Kelton and W. David Kelton (1993),
``Closure-State Specification for Markov-Process Models with Incomplete
Micro Data,'' Journal of Statistical Computation and Simulation 47,
195-217.
- C.M.L. Kelton (1992), ``Price Changes from
1958--1982,'' in Empirical Studies in Industrial Organization, eds.
David Audretsch and John J. Siegfried, 97-114, Kluwer Academic Publishers,
Amsterdam.
- C.M.L. Kelton and W. David Kelton (1991), ``A
Comparison of Micro versus Macro Point Estimators for Markov-Process
Models,'' Journal of Statistical Computation and Simulation, 38,
201-210.
- C.M.L. Kelton and Marlene A. Smith (1991),
``Statistical Inference in Nonstationary Markov Process Models with Embedded
Explanatory Variables,'' Journal of Statistical Computation and
Simulation, 38, 25--44.
- C.M.L. Kelton and Leonard W. Weiss (1989), “Change in Price, Change in
Cost, Change in Demand, and Change in Concentration” in Concentration and
Price, edited by Leonard W. Weiss, 41-66, M.I.T. Press, Cambridge, Mass.
- C.M.L. Kelton and Marlene A. Smith (1987),
``Estimation Efficiency for Markov Chain Models,'' Journal of Statistical
Computation and Simulation, 28, 145-165.
- C.M.L. Kelton (1985), “Earnings Behavior in Food and Tobacco
Manufacturing,” Review of Industrial Organization 2, 266-291.
- C.M.L. Kelton and W. David Kelton (1987),
``Comparison of Hypothesis Testing Techniques for Markov Processes Estimated
from Micro vs. Macro Data,'' The Annals of Operations Research, 8,
175-194.
- C.M.L. Kelton and Marlene A. Smith (1986),
``Nonlinear Programming Solutions to the Nonstationary Markov Model,'' Communications in Statistics: Simulation and Computation, 15,
1169--1190.
- C.M.L. Kelton (1986), ``The Inflationary Contribution
of Market Structure in Food and Tobacco Manufacturing,'' in Issues After
a Century of Federal Competition Policy, eds. Robert L. Wills, Julie A.
Caswell, and John D. Culbertson, 345-359, Lexington Books, Lexington, Mass.
- C.M.L. Kelton (1985), ``Earnings Behavior in Food and
Tobacco Manufacturing,'' Review of Industrial Organization, 2,
266-291.
- C.M.L. Kelton and W. David Kelton (1985),
``Development of Specific Hypothesis Tests for Estimated Markov Chains,'' Journal
of Statistical Computation and Simulation, 23, 15-39.
- C.M.L. Kelton (1984), ``Nonstationary Markov
Modeling: An Application to Wage-Influenced Industrial Relocation,'' International Regional Science Review, 9, 75-90.
- C.M.L. Kelton and W. David Kelton (1984), ``Markov
Process Models: A General Framework for Estimation and Inference in the
Absence of State Transition Data,'' in Mathematical Modelling in Science
and Technology, the Fourth International Conference, Zurich, eds. X.J.R.
Avula, R.E. Kalman, A.I. Liapis, and E.Y. Rodin, 299-304, Pergamon Press,
Oxford.
- W. David Kelton and C.M.L. Kelton (1984),
``Hypothesis Tests for Markov Process Models Estimated from Aggregate
Frequency Data,'' Journal of the American Statistical Association,
79, 922-928.
- C.M.L. Kelton (1983), Trends in the Relocation of
U.S. Manufacturing, UMI Research Press, Ann Arbor, Michigan.
- C.M.L. Kelton (1983)``The Effect of Advertising on
Price Change for Food Manufacturing Product Classes,'' in Advertising and
the Food System, eds. J.M. Connor and R.W. Ward, 257-273, North Central
Regional Research Project NC117 Monograph No. 14, Madison, Wisconsin.
- C.M.L. Kelton and W. David Kelton (1982), “Advertising and Intraindustry
Brand Shift in the U.S. Brewing Industry,” The Journal of Industrial
Economics 30, 293-303.
- C.M.L. Kelton (1981), ``Estimation of
Time-Independent Markov Processes with Aggregate Data: A Comparison of
Techniques,'' Econometrica, 49, 517-518.
Links
Vassar College, Department of Mathematics
University of Wisconsin-Madison,
Department of Zoology,
Department of Anthropology,
Department of French and Italian
University of Utah, Department of
Mathematics (Mathematical
Biology Program)
Naval Health Research Center,
Deployment Health
Research
Infinite Unfolding Yoga
Cincinnati Zoo & Botanical Gardens
Dane County Humane Society
The Dog Den
Cincinnati Country Day School
University of California-San
Diego, Department of Anthropology
Teachers College Columbia University,
Social-Organizational
Psychology
Palisades High School
W. David Kelton
Canine Companions
Last update: January 14, 2009
