Prof. Dr. Ariel Pakes | Pharmaceutical Markets |Best Paper Award

Professor, Harvard University ,United States

Ariel Pakes is a world-class scholar with a track record of transformative research, methodological rigor, and policy relevance. His body of work has profoundly influenced how economists analyze markets, competition, pricing, and regulation.

Profile:

Scopus

🎓 Education:

Ariel Pakes earned his Bachelor of Arts and Master of Arts degrees from the Hebrew University of Jerusalem in 1971 and 1973, respectively. He then pursued further studies at Harvard University, obtaining another M.A. in 1976 and completing his Ph.D. in 1979. His doctoral thesis, titled “Economic Incentives in the Production and Transmission of Knowledge: An Empirical Analysis,” was supervised by Zvi Griliches. Wikipedia

💼 Professional Experience:

Pakes currently holds the position of Thomas Professor of Economics at Harvard University. Prior to this, he served as the Charles and Dorothea Dilley Professor of Economics at Yale University from 1997 to 1999 and held various academic roles at the University of Wisconsin-Madison and the Hebrew University of Jerusalem. Throughout his career, he has been actively involved with several research institutions, including the National Bureau of Economic Research (NBER), where he has been a Research Associate since 1983.

🛠️ Skills and Methodological Contributions:

Pakes is renowned for developing empirical methods to analyze market dynamics and policy impacts. Notably, he co-developed the Berry-Levinsohn-Pakes (BLP) model for demand estimation and the Olley-Pakes method for estimating production functions. His work has significantly influenced the analysis of industries such as automotive, healthcare, telecommunications, and energy. Additionally, his methodologies have been adopted by government agencies and private firms for policy evaluation and market analysis.

🏆 Awards and Honors:

Ariel Pakes has received numerous accolades recognizing his contributions to economics:

Frisch Medal (1986)
Fellow of the Econometric Society (1988)
Fellow of the American Academy of Arts and Sciences (2002)
Distinguished Fellow of the Industrial Organization Society (2007)
Jean-Jacques Laffont Prize (2017)
Election to the National Academy of Sciences (2017)
BBVA Foundation Frontiers of Knowledge Award in Economics, Finance, and Management (2018)
Distinguished Fellow of the American Economic Association (2019)

🔬 Research Focus:

Pakes’s research centers on developing empirical tools to assess how markets respond to environmental and policy changes. His work includes analyzing the effects of mergers, deregulation, and innovation on market outcomes. He has applied his methodologies to various sectors, providing insights into consumer behavior, firm dynamics, and policy implications. His research has been instrumental in shaping modern empirical industrial organization.

Publications:

Policy options for the drug pricing conundrum

Authors: Kate Ho, Ariél Pakes
Year: 2025
Journal: Proceedings of the National Academy of Sciences of the United States of America
Citations: 0

2. The impact of artificial intelligence design on pricing

Authors: John Asker, Chaim Fershtman, Ariél Pakes
Year: 2024
Journal: Journal of Economics and Management Strategy
Citations: 6

3. Moment inequalities for multinomial choice with fixed effects

Authors: Ariél Pakes, Jack R. Porter
Year: 2024
Journal: Quantitative Economics
Citations: 2
Access: Open access

4. Inference for Linear Conditional Moment Inequalities

Authors: Isaiah Andrews, Jonathan Roth, Ariél Pakes
Year: 2023
Journal: Review of Economic Studies
Citations: 3
Access: Open access

5. On the misuse of regressions of price on the HHI in merger review

Authors: Nathan H. Miller, Steven T. Berry, Fiona Scott-Morton, Andrew Sweeting, Marta E. Wosinska
Year: 2022
Journal: Journal of Antitrust Enforcement
Citations: 7
Access: Open access

Conclusion:

Ariel Pakes stands as an ideal candidate for the “Research for Best Paper Award.” His award-winning publications, methodological contributions, and influence on policy-relevant economic modeling make him not only a suitable but a model recipient of such recognition. His research legacy continues to shape entire subfields of economics.7

Dr abdallah elshafei | economic | Excellence in Research

lecturer,Higher Institute for Administrative Sciences, Belbeis, AlSharkia, Egypt, Egypt

Dr. Abdallah Sayed Mossalem Ahmed Elshafei is a highly accomplished academic with a robust educational background, significant teaching experience, and a strong track record of refereed publications. His research focuses primarily on economic growth, military spending, and the impact of various economic factors on nations’ economies. With his extensive administrative roles and leadership positions, he demonstrates not only academic excellence but also a commitment to improving higher education quality.

His research contributions have added valuable insights into the economic dynamics of various regions, especially in the Middle East and North Africa. He is actively involved in sharing his knowledge with the academic and general public, both through teaching and his YouTube channel.

Publication Profile

scopus

Education :

Dr. Abdallah Sayed Mossalem Ahmed Elshafei holds a PhD in Economics from Cairo University, graduated with First Honors in 2019. He also obtained a Master’s degree in Economics and an Economic Diploma from the same university, both with very good grades, in 2015 and 2012, respectively. Additionally, he holds a Bachelor of Science in Commerce from the Faculty of Commerce, Ain Shams University, which he completed in 2001.

EXPERIENCE:

Dr. Elshafei has a vast teaching experience, having taught a variety of courses at several academic institutions. These include Principles of Economics & Microeconomics, Macroeconomics, Money and Banking, Banking System, International Banking Operation, Economic Studies in English, Banking Studies in English, Engineering Economics, Letter of Credit & Letter of Guarantee, SWIFT Messaging, Portfolio Management (English section) at Misr University for Science and Technology, Credit Management (English section) at Misr University for Science and Technology, and Financial Market (English section) at Misr University for Science and Technology.
Dr. Elshafei has held several leadership roles in various academic and professional settings. He is the Control Head at the Higher Institute for Administration and Financial Sciences and Information Systems (2020-2023). He has also been involved in Quality Unit Management and contributed to the Self-Evaluation and Program/Course Specifications efforts at the Faculties and Institutes of Higher Education (National Authority for Quality Assurance and Accreditation of Education certificates). Additionally, he has served as Head of the Department of Banking Sciences and Internal Audit Head at the National Planning Institute (2009-2020). His earlier career included positions as an Internal Auditor and Economic Analyst in Saudi Arabia (2005-2009) and as an Internal Auditor at companies such as CDC (2003-2005) and Radio Shack (2001-2003).

Skills:

Orthopedic Surgery & Oncology
Expertise in clinical and experimental orthopedic surgery, specifically in bone and joint diseases, bone cancer, and trauma recovery.
3D Bioprinting & Biomaterials
Focus on developing hybrid scaffolds for bone tissue regeneration and bioprinted tumor models.
Stem Cell Therapy
Expertise in utilizing bone marrow mesenchymal stem cells for promoting bone repair and spinal cord injury recovery.
Clinical Trials Management
Experience as a principal investigator in Phase II and III clinical trials, particularly focusing on bone regeneration and orthopedic oncology.

Research Focus:

Dr. Elshafei’s research interests primarily revolve around the impact of military spending on economic growth, foreign direct investment, inflation, and economic factors such as real interest rates and domestic credit.

Publication :

- Elshafei, A. S. M. A. (2018). Egyptian African cooperation in the field of renting lands and food industrialization. Planning and Development Issues, Institute of National Planning, No. 295, 92018.
- Elshafei, A. S. M. A. (2018). The impact of military spending on economic growth in Nigeria since 1990. Journal of Economics and Sustainable Development, 9(22). ISSN 2222-1700 (Paper), ISSN 2222-2855.
- Elshafei, A. S. M. A. (2021). The impact of military spending on economic growth in the world. Journal of Commercial, Faculty of Commerce, Suez Canal University, 4(1380).
- Elshafei, A. S. M. A. (2022). The impact of real interest rate, net domestic credit, and government expenditure on economic growth in Egypt from 1976 to 2018. Journal of Economics and Commerce, Faculty of Commerce, Ain Shams University.
- Elshafei, A. S. M. A. (2022). The impact of foreign direct investment and imports on economic growth in Egypt from 1977 to 2019. Journal of Business Research, Zigzag University, 44(4).
- Elshafei, A. S. M. A. (2023). The impact of military spending on economic growth in Kuwait since 1995. Journal of Business Research, Zigzag University, 45(2).
- Elshafei, A. S. M. A. (2023). The impact of broad money, exchange rate, and interest rate on inflation in Egypt, Nigeria, and South Africa for the period of 1982–2020. Journal of Economics and Politics, Beni Suef University.

CONCLUSION:

Dr. Elshafei’s profile indicates that he is well-qualified for a Research for Excellence award. His consistent contributions to research and academia, combined with his leadership and teaching roles, make him a worthy candidate. To further enhance his qualifications for such an award, expanding the breadth of his research topics, engaging in interdisciplinary collaborations, and targeting higher-impact journals could amplify his global academic presence.