James F. Booker

Professor of Economics

Phone: (518) 783‑2929
Email: jbooker@siena.edu

Jim F. Booker

Degrees:

Ph.D. Agricultural and Resource Economics Colorado State University
M.S. Applied Physics Cornell University
B.A. Physics Dartmouth College

Bio:

Jim Booker is an economist who has worked for two decades on the management and sustainability of water use. His teaching at Siena College has included most areas of the undergraduate curriculum. His work elsewhere includes research and teaching from Laos (with the International Water Management Institute) to major institutions across the western U.S. (Washington State University, University of Colorado, University of Wyoming). His modeling of the hydrology, law, and economics of water use in major river basins of the western U.S. has pointed to the need for intrastate, interstate, and international flexibility to reasonably address growing water demands. His recent review article in Natural Resources Modeling covers advances over the past 25 years in the economics and modeling of water resources and policies.

What I love about Siena:

In the classroom at Siena I can love nurturing, guiding, and challenging my students as they grow into young professionals ready to go out and take on the world. With small classes and plenty of opportunities out of the classroom to get to know Siena students as individuals, I’m rewarded by seeing all the academic and personal growth which occurs over each student’s undergraduate years.

My Favorite courses to teach are:

Environmental Economics—what’s not to like in teaching my specialty to students in majoring Economics and Environmental Studies? It’s such a rich area for exploring our relationships to each other and the physical world around us that I can’t help but enjoy exploring what sustainability is all about. Principles of Economics, Macro. Working with first year students is often the best—it’s great to open eyes to the forces and choices leading to our own lifestyles, and to those both more and less fortunate than ourselves.

Professional Experience:

Professor of Economics Siena College 2005 - Now
Director of Environmental Studies Program Siena College 2004 - 2005
Associate Professor of Economics Siena College 2002 - 2005
Douglas T. Hickey Professor of Business Siena College 2002 - 2004
Visiting Fellow in Resource Economics University of Colorado 2000 - 2001
Associate Professor of Economics and Environmental Studies Alfred University 1999 - 2002
Assistant Professor of Economics and Environmental Studies Alfred University 1993 - 1999
Visiting Assistant Professor of Resource Economics University of Wyoming 1991 - 1993
Visiting Assistant Professor of Economics Kalamazoo College 1990 - 1991
Research Scientist Spire Corporation 1984 - 1986
Instructor in Math, Physics, Engineering Western Wyoming Community College 1982 - 1984

Why I chose Siena:

Siena offers me the chance to work with great people. I see students from across college in and outside the classroom, and in economics and environmental studies I can focus and engage in exactly those areas of teaching and research which I find most compelling.

Office Hours:

MON: 11:30 AM-12:30 PM
TUE: 02:00 PM-04:00 PM
WED: 11:30 AM-12:30 PM
THU:
FRI: 11:30 AM-12:30 PM

My current research:

I am an applied economist with a focus on water resources and regional economic analysis. Recent publications include Can Reservoir Storage Be Uneconomically Large? (with John O’Neill in the Journal of Water Resources Planning and Management)and Economic Impacts of Alternative Policy Responses to Prolonged and Severe Drought in the Rio Grande Basin (with F. Ward, and A.M. Michelsen in Water Resources research). I am a former President of the of the New York State Economics Association.

My teaching philosophy:

My teaching philosophy has always been simple: ask big questions, but bring specific knowledge and approaches in attempting to make progress. My goal is to inspire and enable the student to critically examine the insights gained from these specifics. I know I’ve succeeded when all the reading, and spreadsheets, mathematics and analysis all come together in discussions on the biggest issues of the day.


Reconciling Alternative Approaches to Measuring Efficiency and Productivity
Academy of Business Research Fall 2016 International Conference Proceedings
2016
Water Productivity in Agriculture: Looking for Water in the Agricultural Productivity and Efficiency Literature
Water Economics and Policy
April, 2016
Water Productivity in Agriculture: Looking for Water in the Agricultural Productivity and Efficiency Literature
Water Economics and Policy, vol. 02
April, 2016
Water Crisis in India
Case Research Journal, vol. 34
Summer, 2014
Economics and the Modeling of Water Resources and Policies
Natural Resource Modeling Journal, vol. 25
February, 2012
Estimating Natural Resource and Energy Flows from New York State Economic Activity
New York Economic Review, vol. 42
Fall, 2011
Water Sustainability in India
North American Case Research Association
October, 2011
Can Reservoirs Be Uneconomically Large?
Journal of Water Resources Planning and Management
2006
Integrated Economic, Hydrologic and Institutional Analysis of Policy Responses to Mitigate Drought Impacts in the Rio Grande Basin
Journal of Water Resources Planning and Management, vol. 132
Winter, 2006
Economic Impacts of Instream Flow Protection for the Rio Grande Silvery Minnow in the Rio Grande Basin
Reviews in Fisheries Science, vol. 14
January, 2006
Economic Impacts of Alternative Policy Responses to Prolonged and Sever Drough in the Rio Grande Basin
Water Resources Research, vol. 41
February, 2005
Institutional Innovations for Coping with Severe and Sustained Drought in an International Basin
World Water and Environmental Resources Congress
July, 2004
Economic Costs and Benefits of Instream Flow Protection for Endangered Species in an International River Basin
Journal of the American Water Resources Association, vol. 39
April, 2003
Integrating Professional and Curriculum Development Through Classroom Based Research
Annual Teaching Economics Conference
February, 2003
Transboundary Instream Flows: Perspectives from an International River Basin
Transboundary Water Management, Joint UCOWR, EWRI, NGWA, COE-IWR Conference
July, 2002
Foregone Benefits in Supplying Water for Endangered Species Recovery
Universities Council on Water Resources and American Water Resources Association Joint Meeting
June, 2001
category: Service-University
Siena College, 2014
 Faculty mentor for winning student Julie Sullivan '14.
category: Teaching
New York State Economics Association, 2014
Best Paper Award, Economics Track (advisor)
category: Other
Siena College Student Conference in Business, 2008
Best Paper Award, Economics Track (advisor)
category: Other
Siena College Student Conference in Business, 2007
category: Research
Siena College School of Business Research Excellence Award, 2007
Alfred University
category: Teaching
Omicron Delta Kappa Faculty Leadership Award, 1999
Alfred University
category: Teaching
The Ruth Berger Rubenstein Memorial Award for Excellence in Teaching, 1999
Understanding Place: GIS and Mapping across the Curriculum
ESRI Press
2007
Economics of Agricultural Water Productivity: An Application in the Blue Nile Basin
2016
iEMSS Conference 2016, Toulouse, France
Single Factor Productivity Theory and Policy
2016
New York State Economics Association Annual Conference, Farmingdale, New York
Water Resources and Economics: Applications from Far to Near
2016
Seminar in Environmental Science and Regional Planning, Richland, Washington
Insights from Hydroeconomic Modeling
2014
World Bank International Workshop, Going Beyond Agricultural Water Productivity, Washington, District of Columbia
How to Assess Agricultural Water Productivity? Looking for Water in the Agricultural Productivity and Efficiency Literature
2014
International Water and Resource Economics Consortium 11th Conference, Washington, District of Columbia
Panel Discussion on Going Forward: Conceptual and Data Issues
2014
World Bank International Workshop, Going Beyond Agricultural Water Productivity, Washington, District of Columbia
Public Perceptions of Shale Gas Development in New York State: The Role of Media
2014
New York State Economics Association Annual Conference, Loudonville, New York
Reservoir Storage and Climate Change: Model and Application
June, 2011
International Water and Resource Economics Consortium 9th Conference, Calgary, Canada
Advances in Hydroeconomic Modeling
2011
MAA-AMS Joint Mathematics Meetings, Boston, Massachusetts
Quantifying Impacts in a Problem Based Service Learning Environment
June, 2010
Association for Environmental Studies and Sciences Annual Conference, Portland, Oregon
Incorporating Project Based Service Learning into the Public Finance Course
2009
New York State Economics Association Annual Conference, Ithaca, New York
Drought and Climate: Impacts on Sustainable Water Use in a Regulated River Basin
2009
Siena College Physics Department Brown Bag series, Loudonville, New York
Water Storage and Expectations: the Case of the Colorado River Basin
June, 2008
Western Agricultural Economics Association, Big Sky, Montana
Climate Change and Colorado River Basin Reservior Storage
June, 2007
The United States Society for Ecological Economics Conference, New York City, New York
Cultural Centers and the Location of New Single-Family Residences
April, 2007
Northeast Recreation Research Symposium, Bolton Landing, New York
Reservoir Sizing to Optimize Economic Utility
July, 2005
Universities Council on Water Resources Conference and National Institutes for Water Resources Joint Conference, Portland, Maine
Hurricane Katrina and Siena College
November, 2005
Conference of the Environmental Consortium of Hudson River Colleges and Universities, Troy, New York
Optimal Reservoir Storage and Climate Change
July, 2005
Universities Council on Water Resources Conference and National Institutes for Water Resources Joint Conference, Portland, Maine
Interstate Marketing and Similar Approaches
June, 2005
Natural Resources Law Center Conference, Boulder, Colorado
Water Demand, Risk, and Optimal Reservoir Storage
July, 2004
Universities Council on Water Resources Conference and National Institutes for Water Resources Joint Conference, Portland, Oregon
Economic Impacts of Alternative Policy Responses to Prolonged and Severe Drought in the Upper Rio Grande Basin
July, 2004
Universities Council on Water Resources Conference and National Institutes for Water Resources Joint Conference, Portland, Oregon
Cost-Effectiveness Analysis and a Border Region: A Critical Analysis
June, 2004
International Society for Ecological Economics, Montreal, Canada
Estimating Regional Energy and Natural Resource Flows
August, 2004
American Agricultural Economics Association, Denver, Colorado
Addressing Bottlenecks in a Transboundary River Basin: Institutions and the Rio Grande
November, 2001
American Water Resources Association, Albuquerque, New Mexico