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Nugent, Jeffrey

Contact Information
Professor of Economics
USC Department of Economics
Jeffery Bishop Nugent Department of Economics
Office: KAP 318C
Phone: (213) 740-2107

Professor Nugent researches institutions and development, small- and medium-sized manufacturing enterprises, contractual choice, old age security and fertility and regional (supranational) coordination of industrial development in developing countries. He is also interested in economic integration, the role of exchange rate movements in the rise and fall of civilizations, empirical investigations in economic development and China’s TVEs and their incentive structure. Before joining the USC faculty in 1964, Professor Nugent was a visiting professor at Graduate School of the People's Bank of China and a consultant for the Asian Department, International Monetary Fund. He is currently studying econometric modeling of the development process, inflation in Latin America, and the determinants and effects of institutional change.


  • Ph.D., New School for Social Research, Economics, 1965
  • Diploma, Center for Overseas Operations, Maxwell Graduate School, Syracuse University, New York, 1961
  • M.A., New School for Social Research, Economics, 1961
  • B.A., Amherst College, American Studies, 1957

Selected Publications:

  • Nugent, J. & Campos, N. (1999). Development performance and the institutions of governance: Evidence from East Asia and Latin America. World Development, 27, 439-452.
  • Nugent, J., Perrigne, I. M., & Qiu, J. (1999). Competition, incentives and productivity in Chinese township and village enterprises. Pacific Economic Review, 4(2), 91-114.
  • Nugent, J. & Campos, N. (1998). Institutions and capabilities: Revisiting the miracle that is versus the miracle that was controversy. In J. Maguire (Ed.), Rethinking development in East Asia and Latin America (pp. 86-95). Pacific Council on International Policy.
  • Nugent, J., Hsiao, C., Perrigne, I., & Qium J. (1998). Shares vs. residual claimant contracts: The case of Chinese TVEs. Journal of Comparative Economics, 26, 317-337.
  • Nugent, J. & Glezakos, C. (1989). Inflation and its short-run effects on income growth in The East Asian countries. Malaysian Journal of Economic Studies, 26(Dec.), 27-33.

Honors and Awards:

  • Faculty Fellowship, "Sustainable Development in the Los Angeles Basin," John Randolph and Dora Haynes Foundation, 1999.
  • Research Grant, Comparing Methods for Evaluating the Effects of Community Health Programs in Indonesia, USC Asian Initiative.
  • Research Grant (with Victor Gomez), "Desired and Actual Fertility and Various Dimensions of Labor Force Participation in Rural Costa Rica: The Effects of Social Security Participation," Mellon Foundation - RAND Corporation: Small Grant for Research on Central America 1996.
  • Research Grant, Research on the Use of Export Support Systems by California-Based Small and Medium Sized Exporters, CIBEAR, University of Southern California.
  • Teaching and Service Award, Omicron Delta Epsilon, 1995.
  • Grant for continuing institutional research on the Tunisian and the Sudanese Economy, IRIS Foundation, University of Maryland, 1991-1993.
  • Research Grant, Work in the Spanish Royal Archives, Madrid, Spain, Del Amo Foundation, 1988-89.
  • Research Grant, "New Institutional Economics and Economic Development," Science in Developing Countries Program, National Science Foundation, 1987-1989.
  • Indo-American Research Fellowship, Research on the Effect of Old-Age Security on Tea Estate Workers in Rural India, November 1986-January 1987.
  • Raubenheimer Award for Scholarship, Teaching and Service, University of Southern California, Spring 1986.
  • Research Grant (with Gerald Nickelsburg), "Gold and Silver Standards: An Economic Evaluation of the Late Nineteenth Century Experience," USC Research and Innovation Fund 1985-1986.
  • Research Grant (with Samar K. Datta) "Agrarian Institutions in Developing Countries: A Comparative Static Analysis" USC Research and Innovation Fund 1983-1984.
  • Contract, Agency for International Development, 1979-1983.
  • Linkage Grant, United States Information Agency, 1982-1986.
  • Research Grant, Agency for International Development, 1978-1979.
  • Research Contract Grant, Center for Human Health and Ecology, Pan American Health Organization, Mexico City, Mexico, 1977-1978.
  • Research Contract Grant, Regional Office for Central America and Panama, Agency for International Development, Guatemala City, Guatemala, 1968-1971.
  • Research Grant, Harvard Development Advisory Service, Harvard University, June 1967.
  • Valedictory Award, New School of Social Research, New York, June 1965.
  • Graduate Faculty Award for the Outstanding PhD Dissertation, New School for Social Research, June 1965.
  • Research and Publication Awards, University of Southern California, 1964-1968.
  • Travel, Research, and Completion of the Doctoral Dissertation Fellowship, Social Science Research Council, New York, 1963-1964.
  • Travel Grant and Research Fellowship, University of California, Berkeley, California, 1962-1964.
  • Award for the Best M.A. Thesis submitted in 1961, New School for Social Research, 1961.
  • Fellowship, National Defense Education Act, New School for Social Research, 1960-1962.