Econmics & Finance
College of Business
Dr. Fawaz received his Ph.D. in economics from Texas Tech University in 2006. His research interests lie in the area of Economic Growth, Economic Development, International Trade, Environmental Economics, Monetary Economics and Hospitality. He has collaborated actively with researchers in several other areas. Dr. Fawaz presented research papers at many conferences and has served as expert examiner of doctoral dissertations for many universities. Dr. Fawaz also worked in the private industry.
Texas Tech University
Most of my research in the field of economics deals with the analysis of economic data, and the preparation of interpretive reports; advice and consultation on economic matters; and the performance of other professional work in economics including supervision and the direction of economists engaged in the various economics programs. My work mainly requires the design, development, and adaptation of mathematical methods and techniques to statistical processes, or research in basic theories and science of statistics.
In my opinion, economic research and analysis involve the systematic collection, analysis, and interpretation of economic data and the presentation of economic knowledge in usable form. Basic procedures follow classical research methodology: first, the orderly statement of the problem and of a hypothesis, then the testing of the hypothesis by application of observed facts (usually economic statistical data), and finally, the interpretation and presentation of the findings.
As an Economists at this level, I am responsible not only for exactitude in following procedures and precision in using techniques, and for the accuracy of information presented, but also for use of professional judgment necessary to ensure conformity with the technical intent of the research plan.
As a researcher, I am responsible for each step of the investigative process, accountable not only for the factual accuracy of my results but for the thoroughness of my research plan and the cogency of my interpretations. I must be able to recognize and evaluate significant and critical factors, solve complex problems, and draw rational inferences based on research findings and the effectiveness of the presentations. The work performed is expected to be a finished product, reflecting a high order of professional competence as to accuracy and critical evaluation.
Through my work, I expect to locate and explore the most fruitful areas of research in relation to the department’s program and needs, take complete responsibility for formulating and carrying through research plans, assume full technical responsibility for the interpretation and application of findings, and develop and present recommendations to support these plans. I am also responsible for the integrity of the economic knowledge produced.
Additionally, involvement of students in research is a critical aspect of my research agenda. Through the research process I strive to train students in economic concepts, research methodology, and research strategies. I gain tremendous gratification from training and working with bright, energetic, young minds. I also take much enjoyment from expanding my research horizons in new areas of economics and with new research questions and technologies.
My research interests for the last several years have emerged from my graduate studies and my experiences working with researchers that work across a number of theoretical areas and have focused on different fields:
• International Trade.
• Development Economics.
• Economic Growth.
• Monetary Economics.
• Environmental & Energy Economics.
•“A Refinement of the Relationship between Real Exchange Rate, Real Interest Rate Variation, Foreign Direct Investment and Economic Growth: The Case for Developing Countries”, Journal of Money, Banking and Finance, 2022, Vol. 7(2).
•“Telecommunication Infrastructure and its Impact of Economic Growth: Case of Latin American Countries”, Problems of Development / Problemas del Desarrollo, 2021, Vol. 52(26).
•“Transitional Economies: An empirical Look at the Relationship between Economic Growth and Income Inequality”, Problems of Economic Transition, 2021, Vol. 63 (5).
•“Impact of Governance on Economic Growth in Developing Countries: A case of HIDC Vs. LIDC”, Journal of Social and Economic Development, 2021, Vol 23.
•“Spatial dependence of global income inequality: The role of economic complexity”, The International Trade Journal, 2019, Vol. 33(6).
•“The Effects of Foreign Aid on Economic Growth in Developing Countries,” Journal of Developing Areas, 2017, Vol. 51(3).
•“An Empirical Refinement of the relationship between Economic Growth and Income Inequality,” Applied Economics, 2014 Vol. 46 (27).
TTH: 11:30 AM- 1:30 PM