Troy D. Smith

Troy D. Smith
Associate Economist; Professor, Pardee RAND Graduate School
Santa Monica Office


Ph.D. in economics, Stanford University


Troy Smith is an associate economist at the RAND Corporation and professor at the Pardee RAND Graduate School. His research is in applied microeconomics focusing on development, labor, education, and entrepreneurship.

Smith researches productivity in environments where it is difficult to measure and how the productivity of organizations interacts with the markets in which they operate. Previous research has focused on business in developing countries by examining the effects of private equity investment on Indian firms and education in the United States by examining the supply of private schooling and the effect of public school policies on the private school market.

Before beginning his Ph.D., Smith worked as an economic consultant at Charles River Associates in Boston, as a research associate at Harvard Business School for the required first year MBA strategy course, and as a researcher at the Small Enterprise Finance Center in the Institute for Financial Management and Research in Chennai, India. Smith graduated with degrees in Economics and International Studies and minors in Math and African Studies from Brigham Young University. He has a Ph.D. in economics from Stanford University.

Pardee RAND Graduate School Courses

Recent Projects

  • Private Equity in India: Efficiency vs. Expansion
  • Quantifying the Supply Response of Private Schools to Public Policies
  • Productivity and Market Structure in Private Elementary and Secondary Schooling

Selected Publications

Joseph P. H. Fan, Jun Huang, Felix Oberholzer-Gee, Troy D. Smith, and Mengxin Zhao, "Diversification of Chinese Companies--An International Comparison," Chinese Management Studies, 2(1):6-13, 2008

Troy D. Smith and Acou Sam Ogojoi "Poverty, AIDS, and Street Children in Uganda," in Donald E. Morisky, W. James Jacob, Yusuf K. Nsubuga, and Steven J. Hite (ed), Overcoming AIDS: Lessons Learned from Uganda, Information Age Publishing, 2006

Troy D. Smith, W. James Jacob, Steven J. Hite, and Sheng Yao Cheng, "Helping Uganda's Street Children: An analysis of the Model for Orphan Resettlement and Education (MORE)," Journal of Children and Poverty, 10(1):3-22, 2004