David Newbery

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This article is about the professor of Applied economics. For the professor of African studies, see David Newbury.
David Newbery
Born (1943-06-01) 1 June 1943 (age 73)[1]
Nationality British
Alma mater University of Cambridge
Rufus Pollock
Information at IDEAS / RePEc

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]


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]


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

Selected bibliography[edit]


  • 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[edit]


  1. ^ "Prof David Newbery, CBE, FBA". Debrett's. Retrieved 12 December 2012. [permanent dead link]
  2. ^ "Newbery, David M. G.". Library of Congress. Retrieved 26 October 2014. data sheet (b. 6-1-1943) 
  3. ^ a b c Faculty page at University of Cambridge
  4. ^ Blaug, Mark; Vane, Howard R. (2003). Who's Who in Economics. Edward Elgar Publishing. p. 601. ISBN 1840649925. 
  5. ^ CEPA
  6. ^ Electricity Policy Research Group profile
  7. ^ Profile at EE Institute
  8. ^ Churchill College SCR
  9. ^ "(Supplement) no. 60173". The London Gazette. 16 June 2012. p. 8.