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Determinants of Agricultural Economic Faculty Salaries: A Quarter of a Century Later

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Listed:
  • Bill B. Golden
  • Leah J. Tsoodle
  • Oluwarotimi O. Odeh
  • Allen M. Featherstone

Abstract

This research studies factors that influence the salary level of university agricultural economists. Comparisons to previous work suggest that the impact of a single publication on salary has declined over the past twenty-five years; however, the return to relative publications is the same. The impact of years of experience has increased. Analysis of a different model specification suggests that the number of publications, advisees, and grants obtained positively impact salaries, while undergraduate course load has a negative impact. Results show that mobility and marketability significantly increase salary. Analysis suggests that there is a significant negative impact associated with an extension appointment and a significant positive impact associated with employment at a Ph.D.-granting university. Finally, the Wilcoxon matched-pairs signed rank test indicates that most universities' average salaries follow the market. Copyright 2006, Oxford University Press.

Suggested Citation

  • Bill B. Golden & Leah J. Tsoodle & Oluwarotimi O. Odeh & Allen M. Featherstone, 2006. "Determinants of Agricultural Economic Faculty Salaries: A Quarter of a Century Later," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(2), pages 254-261.
    • Handle: RePEc:oup:revage:v:28:y:2006:i:2:p:254-261
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    File URL: http://hdl.handle.net/10.1111/j.1467-9353.2006.00285.x
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    1. repec:ebl:ecbull:v:1:y:2003:i:1:p:1-13 is not listed on IDEAS
    2. Joseph G. Altonji & Robert A. Shakotko, 1987. "Do Wages Rise with Job Seniority?," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(3), pages 437-459.
    3. Arthur M. Diamond Jr., 1986. "What is a Citation Worth?," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 200-215.
    4. Onur Baser & Elda Pema, 2003. "The return of publications for economics faculty," Economics Bulletin, AccessEcon, vol. 1(1), pages 1-13.
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    1. De Fraja, Gianni & Valbonesi, Paola, 2012. "The design of the university system," Journal of Public Economics, Elsevier, vol. 96(3), pages 317-330.
    2. Robbins, Lynn W. & Reed, Michael R., 2013. "Twelve-month and Nine-month Agricultural Economics Faculty Salaries," Agricultural and Resource Economics Review, Cambridge University Press, vol. 42(3), pages 561-570, December.
    3. Brester, Gary W., 2006. "Research and Publishing: Relevance and Irreverence," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(3), pages 1-16, December.
    4. Kelsey L. Conley & Jayson L. Lusk & Joe L. Parcell & Glynn T. Tonsor, 2019. "Consulting Activities of Agricultural Economists and Response to University Policies," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 41(4), pages 650-667, December.
    5. Penn, Jerrod & Sandberg, H. Mikael, 2013. "Agricultural and Resource Economics Ph.D. Students: Who are They and What Do They Want?," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151138, Agricultural and Applied Economics Association.

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