MUHAMMAD MUSTAFA, Ph.D.
Professor of Economics
321 Belcher Hall
South Carolina State University
Office: 803-536-7949
Fax :803-533-3639
E-mail: mmustafa@scsu.edu
EDUCATION
Degree
Year
Ph.D.
M.EC.
M.A.
B.A. (hons)
1988
1984
1968
1967
University
Wayne State University
University Of New England
Dhaka University
Dhaka University
Field of Study
Economics
Economics
Economics
Economics
Tenured
Intellectual Contributions- 2009 -2013
Refereed Journal Publications
1. Mustafa, M. and Rahman, M, “Influences of U.S. Real GDP growth and labor Productivity on
Manufacturing Real Wages”, International Journal of Economics & Business Research, volume 5,
Number 3, 2013, pages 337-346..
2. Rahman, M. and Mustafa, “ Effects of Changes in US Unemployment Rate, 30-Year Fixed Mortgage
Rate, and the Number of Long-Term Unemployed on changes in US House Price Index ”, Wealth International Journal of Money, Banking, and Finance, volume 1, Number 1,2012, pages 4- 8.
3. Mustafa, M. . “Dynamic Linkages Among Gross State Product, Investment Outlays, Export, and
Educational Attainment: An Empirical Analysis” Review of Business Research, volume 11, Number
2,2011, pages 118- 127.
4. Mustafa, M. and Anoruo, E.. “Volatility Spillovers Between Foreclosures and Housing Prices.” Journal
of International Finance and Economics, Volume 11, Number 1, 2011, pages 117-125 .
5. Mustafa, M.. “Determinants of Poverty In Metropolitan And Non-Metropolitan Areas: An Empirical
Study “ Journal of Academy of Business and Economics, Volume 11, Number 2, 2011, pages 135142, .
6. Mustafa, M. and Anoruo, E “An Empirical Investication into the Home Foreclosure-Subprime Loan
Nexus” Review of Business Research, Volume 10, Number 5, October 2010, pages 202-210.
7. Mustafa, M. and Matiur. R. “Volatility Spillover Across Mexico’s Equity and Foreign Exchange
Markets: A Post-NAFTA Analysis, Journal of International Finance and Economics, Volume 10,
Number 4, October 2010, , pages 107-114.
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8. Mustafa, M. “Business Climate, Educational Attainment and Economic Development: Evidence from
Sectors of South Carolina” Review of Business Research., Volume 10, Number 5, October 2010, , pages
1 7 2 -1 7 8 .
9. Mustafa, M. and Matiur R. “Trade-emigration Nexus: Evidence from Bangladesh.” International Journal
of Trade and Global Markets, 2010, Volume 3, Number 4, pages 172-178.
10. Mustafa, M. and Singh R., “Socioeconomic Factors and Educational Attainment: Evidence from South
Carolina” Academy of Economics and Finance Journal, 2010, Volume 1, Number 6, pages 55-60.
11. Mustafa, M., Rahman, M. “Genesis of Recent U.S. Financial Crises and Transformation into Global
Crisis.” International Journal of Economics and Research, 2010, Volume 01, Issue 01, pages 69-85.
12. Mustafa, M. and others. “Accounting Scandals and Stock Performance: Life after Enron.” Journal of
Business and Economics Research, Volume 7, Number 3, March 2009, pages13-21.
13. Mustafa, M., and Rahman, M. “The Slope of U.S. nominal Treasury Yield Curve and the Exchange
Rate.” New York Economic Review, Volume XL, 3-12, Fall 2009 .
14. Mustafa M. and Rahman M. “Does U.S. Consumer Confidence Influence Us Stock Market?” Review of
Business Research, Volume 9, Number 1, June 2009.
Other Intellectual Activities
1. Mustafa, M. and Starostyuk, L,. “Factors Affecting Employment in Major Sectors of South Carolina:
an Empirical Investigation.” Academy of Economics and Finance, Papers and Proceedings, Pages
61-68, February 9-12, 2011.
2. Mustafa, M. and Selassie, H. “Influence of Quality of Life and Business Climate Variables on
Employment: An Empirical Analysis.” Academy of Economics and Finance, Papers and
Proceedings, Pages 20, February 11-14, 2009.
3. Mustafa, M. and Anoruo, E. “Factors Affecting Foreclosure: An Empirical Analysis” Academy of
Economics and Finance, Papers and Proceedings, Pages 216, February 11-14, 2009.
SELECTED PROFESSIONAL PRESENTATIONS (2009 - 2013)
1. Mustafa, M., Emmanuel, A. “Causal Linkages and Spillover Among Housing Price, Unemployment Rate,
30-Year Fixed Mortgage Rates and the Number of Long-Term Unemployed : An Empirical
Investigation” 40th Annual Conference of Academy of Economics and Finance, Mobile, AL, February
13- 16, 2013.
2. Mustafa, M. and Rahman, “M. U.S. Australia Bilateral Trade Balance and Australia Dollar-US Dollar
Exchange Rate: Evidence of J-Curve?” 40th Annual Conference of Academy of Economics and Finance,
Mobile, AL, February 13- 16, 2013.
3. Mustafa, M. and Rahman, “Influences of changes in Exchange Rate and M2 on Russian Stock Market
Returns” 40th Annual Conference of Academy of Economics and Finance, Mobile, AL, February 13- 16,
2013.
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4. Mustafa, M. and Rahman, “ Dynamic Effects of US Budget Deficit and Labor Productivity on US Stock
Market Performance” 40th Annual Conference of Academy of Economics and Finance, Mobile, AL,
February 13- 16, 2013.
5. Mustafa, M. and Rahman, M. “ Financial Vulnerability of U.S. Households in Selected Southern
States and the Great Recession”, Annual Conference of Academy of Economics and Finance,
Charleston, SC, February 8- 11, 2012.
6. Mustafa, M. Adrian, M. and Rahman, M , “Vietnamese stock Market and VIND-Dollar Exchange
Rate: A Causal Nexus” Academy of International Business- U.S. South west Chapter, New Orleans ,
February 29 -March 2, 2012.
7. Rahman, M, Capes, S. and Mustafa, M. “ Exchange Rate Pass-Through into Bangladesh Import
Prices :Evidence for Bangladesh” Academy of International Business- U.S. South west Chapter, New
Orleans , February 29 -March 2, 2012.
8. Mustafa, M. and Rahman, M. “ Exchange Rate Pass-Through into Import Prices of Vietnam and
Spillovers into Its Consumer Price Index” Academy of International Business- U.S. South west
Chapter, New Orleans , February 29 -March 2, 2012.
9. Rahman, M, and ustafa, M. “ Effects of Credit Standards and Unemployment on U.S. Housing Price
Index” Academy of International Business- U.S. South west Chapter, New Orleans , February 29 March 2, 2012
10. Mustafa, M. “Capital Investment, Export, Education, and Economic Growth in South Carolina: An
Empirical Analysis” 42 Annual conference of Southeast Decision Sciences, Columbia, SC, February
29 – March 2, 2012..
11. Mustafa, M., Anoruo, E. “Housing Price, Unemployment Rate and Foreclosure: An Empirical
Investigation” Southeast Decision Sciences, Columbia, SC, February 29 – March 2, 2012..
12. Mustafa, M.. “Gross State Product, Investment Outlays and Business Climate in South Carolina: An
Empirical Analysis”, Annual Conference of Academy of Economics and Finance, Charleston, SC,
February 8- 11, 2012.
13. Mustafa, M., Emmanuel, A. “Volatility Spillover Across Housing Prices and Unemployment Rate :
An Empirical Investigation” 39th Annual Conference of Academy of Economics and Finance,
Charleston, SC, February 8- 11, 2012
14. Mustafa, M. Langer, R., and Sloucome, S. “Linkages among Gross State Product, Investment Outlays
and Business Climate in South Carolina: An Empirical Investigation” Annual Conference of
Academy of Economics and Finance, Jacksonville, February 9- 12, 2011.
15. Mustafa, M. “Influence of Investment, and Business Climate Variables on Employment and Income:
An Empirical Investigation” Southwestern Society of Economics, Houston, March 9-12, 2011.
16. Mustafa, M. and Rahman, M., “Influences of U.S. Real GDP Growth and Labor Productivity on NonFarm Civilian Wages” Southwestern Society of Economics, Houston, March 9-12, 2011.
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17. Mustafa, M. and Rahman, M, and Capes, S. “Comparative Stock Performances of Two U.S.
Pharmaceutical Companies” Acedemy of International Business- U.S. South,west Chapter, Houston,
March 9-12, 2011.
18. Mustafa, M. and Rahman, M , “Cyclicality and Market Influence in Casino-Stock Performance”
Academy of International Business- U.S. South west Chapter, Houston, March 9-12, 2011.
19. Mustafa, M. “Dynamic Linkages among Investment Outlays, Business Climate, Employment and
Income Growth in South Carolina: An Empirical Analysis” 16th Biennial Research Symposium of
Association of Research Director, April 9 – 13, 2011, Atlanta, GA
20. Mustafa, M., Emmanuel, A. “Foreclosures, Housing Prices, Uenemployment Rate and Adjustable
Mortgage Rates: A Multivariate. E-Garch Investigation” 38th Annual Conference of Academy of
Economics and Finance, Jacksonville, FL, February 9- 12, 2011.
21. Mustafa, M. and Starostyuk, L. “Factors Affecting Employment in Major Sectors of South Carolina:
An Empirical Investigation” 38th Annual Conference of Academy of Economics and Finance,
Jacksonville, FL, February 9- 12, 2011.
22. Mustafa, M., Kisha, G., and Shavone, S. “Factors Influence Employment and Income: Evidence From
South Carolina.” Annual Conference of Academy of Economics and Finance, Huston, February 1114, 2010.
23. Mustafa, M., Rahul Singh. “Socioeconomic Factors and Educational Attainment: Evidence from
South Carolina.” Annual Conference of Academy of Economics and Finance, Huston, February 1114, 2010.
RESEARCH: FUNDED GRANTS
“The Potential of Educational Attainment and Investment On Economic Development,” CSRS 1890,
$475,000, October 2007- September-2011.
RESEARCH PROPOSALS SUBMITTED FOR FUNDING:
Dr. Muhammad Mustafa (PI), Dr. Rafida Idris (CO-PI), and Dr. Matiur Rahman (CO-PI) – “SocioEconomic Impact of Childhood Obesity: Cost Effective Preventive Strategies”; amount $500,000.00 ,
submitted to USDA/ NIFA; March 23, 2012.
:
Dr. Muhammad Mustafa (PI), Dr. Rafida Idris (CO-PI), and Dr. Matiur Rahman (CO-PI) – Capacity
Building Grant (CBG) “Socio-Economic Impact of Childhood Obesity: Cost Effective Preventive
Strategies”; amount $500,000.00 , submitted to USDA/ NIFA; March 14, 2011.
Dr. Muhammad Mustafa (PI), Dr. Moreen Joseph (CO-PI), and Dr. Rafida Idris (CO-PI) – Part of the
Research Project “ Interdisciplinary and Collaborative approach to Address Obesity, and Diabetes among
Minorities in South Carolina” Total amount for the project $4.5 million, submitted to NIMHD ( National
Institute of Minority Health); April 7. 2011.
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