Michael Dicks, PhD - AVMA Veterinary Economics Division
Raised in rural Orange County, California, Dr. Dicks began his agricultural career working in the Irvine Company’s vegetable fields and ranches. He obtained degrees in Biochemistry and Animal Science from California Polytechnic State University in 1975. Dr. Dicks traveled to Kenya in 1976 to serve three and a half years with the U.S. Peace Corps as a chemistry teacher. During his tenure, he visited many of the local farms and developed technologies to provide water and energy to the rural communities. In 1978, he received funding from The Ford Foundation, the humanitarian agency CARE and the National Christian Council of Kenya to establish a rural cooperative to assist in the development and construction of water delivery and energy production technologies for rural communities. He obtained his master’s degree working on a waste-to-energy project in Tunisia and his doctorate from the University of Missouri in Agricultural Economics, specializing in natural resource policy and international development. From 1984 to 1989, Dr Dicks worked with the U.S. Department of Agriculture’s (USDA) Economic Research Service. In 1989, he was a policy specialist responsible for developing and implementing the first Conservation Title in a U.S. Farm Bill. Dr. Dicks was also initiated into USDA’s Aquaculture Industry Situation and Outlook program as well as the Industrial Crops and Products Situation and Outlook program. Dr. Dicks was hired by Oklahoma State University (OSU) in 1989 to work in the area of agricultural policy. He was the director of the Great Plains Agricultural Policy Center from 1991 to 1997 and director of the Center for International Trade and Development from 2009 to 2012. He retired from OSU as the Wes and Lou Watkins Chair for International Trade and Development in 2013. He’s been married for 30 years and has three children. When Dr. Dicks isn’t working, he likes to climb mountains, swim oceans, race motorcycles across the country and spend time with his family. He has two Australian shepherds, Jake and Maggie.
DVM360 MAGAZINE - Jan 04, 2018
Yes, this KPI of the profession’s health looks better, but the cost to educate veterinarians is still out of sync with the public’s value of their services.
DVM360 MAGAZINE - Dec 05, 2017
While there are a few ongoing and significant concerns among the economic indicators, most signs point to 2018 shaping up well for veterinarians and team members.
DVM360 MAGAZINE - Nov 06, 2017
It’s easy to presume that veterinary colleges receiving lots of public support can charge lower tuition—but is it true? The AVMA Econ team decided to find out.
DVM360 MAGAZINE - Oct 10, 2017
If you don’t consider the balance sheet along with your income statement, you really have no idea if your business is healthy.
DVM360 MAGAZINE - Sep 25, 2017
Yes, price and income affect the demand for veterinary services. But in the case of nutrition, education may be just as important.
DVM360 MAGAZINE - Aug 03, 2017
Our study suggests that when veterinary prices rise faster than the rate of inflation, consumers opt out of seeking services.
DVM360 MAGAZINE - Jul 14, 2017
To answer this question, let’s look at investment costs, lifetime earnings and intangible benefits.
DVM360 MAGAZINE - Jun 06, 2017
A robust economy has helped this financial indicator trend in a positive direction. But for the health of the profession, more needs to happen.
DVM360 MAGAZINE - May 26, 2017
Unless veterinarians develop a financial focus, they may lose their position of influence in veterinary medicine.
DVM360 MAGAZINE - Apr 22, 2017
Economic indicators for veterinary medicine are not all rosy. And still private equity is pouring in to buy veterinary practices. Here’s where they see potential.
DVM360 MAGAZINE - Mar 02, 2017
Demographic factors correlate with shorter—and longer—veterinary loan payback periods.
DVM360 MAGAZINE - Jan 30, 2017
Veterinary firms are becoming more concentrated—fewer in number and larger in size. Here’s a look at why it’s happening and what the impact might be.
DVM360 MAGAZINE - Jan 13, 2017
The total value of economic activity generated from veterinary services in 2014? A cool $63.1 billion.
DVM360 MAGAZINE - Dec 21, 2016
Based on the financial data on hand and past trends, here’s what I think the new year could bring for our nation’s veterinary practices.