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The return of publications for economics faculty

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Author Info

  • Onur Baser

    ()
    (The MEDSTAT Group)

  • Elda Pema

    ()
    (Michigan State University)

Abstract

This study uses comprehensive panel data to determine the effect of publications on the salaries of full-time economics faculty in nine midwestern universities. The data set allows us to control not only the volume but also the quality of publications. Recent developments in the ISI-Web of science enable us to divide total citations per faculty member into citations by others and self-citations. Since none of the traditional measures (citations, publication indexes, total article pages) when used individually fully accounts for all research output, all available measures should be used. Our findings indicate that average number of article-pages published in The American Economic Review (AER) are likely to increase salary by %1.3 to %1.9 per year. Neither self-citations nor publications in non-ranked journals appears to affect salary.

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File URL: http://www.accessecon.com/pubs/EB/2003/Volume1/EB-03A10001A.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 1 (2003)
Issue (Month): 1 ()
Pages: 1-13

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Handle: RePEc:ebl:ecbull:eb-03a10001

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  1. Siegfried, John J & White, Kenneth J, 1973. "Financial Rewards to Research and Teaching: A Case Study of Academic Economists," American Economic Review, American Economic Association, vol. 63(2), pages 309-15, May.
  2. Katz, David A, 1973. "Faculty Salaries, Promotion, and Productivity at a Large University," American Economic Review, American Economic Association, vol. 63(3), pages 469-77, June.
  3. Tuckman, Howard P & Leahey, Jack, 1975. "What Is an Article Worth?," Journal of Political Economy, University of Chicago Press, vol. 83(5), pages 951-67, October.
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Cited by:
  1. Rajeev K. Goel & Jo´┐Żo Ricardo Faria, 2007. "Proliferation Of Academic Journals: Effects On Research Quantity And Quality," Metroeconomica, Wiley Blackwell, vol. 58(4), pages 536-549, November.

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