David Newbery

David Michael Garrood Newbery, CBE, FBA (born 1 June 1943),^[2] has been Professor of Applied Economics at the University of Cambridge since 1988.^[3] He is a foremost thinker in the field of energy economics, writing extensively on the regulation of electricity markets. His interests also include climate change mitigation and environmental policy, privatisation, and risk.^[4]

Career

Newbery co-authored a book and several articles with Nobel-laureate Joseph Stiglitz.

Besides his role as Professor of Applied Economics at Cambridge, he serves as Vice Chairman of Cambridge Economic Policy Associates,^[5] Director of the Cambridge Electricity Policy Research Group^[6] and an occasional consultant to the World Bank.^[7] In 1988-2003 he was Director of the Department of Applied Economics. He was a member of the Competition Commission in 1996-2002, and chairman of the Dutch electricity market surveillance committee. He was elected a Fellow of the British Academy^[3] in 1991. He is a member of the Academic Panel of DEFRA.^[3] Since 1966 he has been a fellow of Churchill College, and succeeded Archie Howie as President of its Senior Combination Room (SCR) in October 2010.^[8]

Honours

Newbery was appointed Commander of the Order of the British Empire (CBE) in the 2012 Birthday Honours for services to economics.^[9]

Selected bibliography

Books

• Newbery, David M.G.; Stiglitz, Joseph E. (1981). The theory of commodity price stabilization: a study in the economics of risk. Oxford Oxford New York: Clarendon Press Oxford University Press. ISBN 9780198284178. 
• Newbery, David M.G.; Stern, Nicholas (1987). The Theory of taxation for developing countries. New York: Published for the World Bank by Oxford University Press. ISBN 9780195205411. 
• Newbery, David M.G. (1995). Tax and benefit reform in Central and Eastern Europe. London: Centre for Economic Policy Research. ISBN 9781898128199. 
• Newbery, David M. (1999). Privatization, restructuring, and regulation of network utilities. The Walras-Pareto Lectures. Cambridge, Massachusetts: MIT Press. ISBN 9780262640480. 
• Newbery, David M.G.; Székely, István P. (2008). Hungary: an economy in transition. Cambridge: Cambridge University Press. ISBN 9780521057547. 

Journal articles

• Newbery, David M.G. (September 1970). "A theorem on the measurement of inequality". Journal of Economic Theory. Elsevier. 2 (3): 264–266. doi:10.1016/0022-0531(70)90040-2. 
• Newbery, David M.G. (Spring 1978). "Stochastic limit pricing". The Bell Journal of Economics. RAND Corporation via JSTOR. 9 (1): 260–269. doi:10.2307/3003625. 
• Newbery, David M.G.; Stiglitz, Joseph E. (December 1979). "The theory of commodity price stabilisation rules: welfare impacts and supply responses". The Economic Journal. Royal Economic Society via JSTOR. 89 (356): 799–817. doi:10.2307/2231500. 
• Newbery, David M.G.; Stiglitz, Joseph E. (January 1984). "Pareto inferior trade". Review of Economic Studies. Oxford Journals. 51 (1): 1–12. doi:10.2307/2297701. 

References