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Disparities in the Wage-and-Salary Earnings, Determinants, and Distribution of Health Economics, Outcomes Research, and Market Access Professionals: An Exploratory Study

Author

Listed:
  • Ioana Popovici

    (Nova Southeastern University)

  • Manuel J. Carvajal

    (Nova Southeastern University)

  • Patti Peeples

    (HealthEconomics.com)

  • Silvia E. Rabionet

    (Nova Southeastern University
    University of Puerto Rico)

Abstract

Objective The aim was to estimate the wage-and-salary earnings of a sample of health economics, outcomes research, and market access (HE/OR/MA) professionals; compare male versus female and US versus non-US earnings; assess the magnitude of the effect of several human-capital and job-related covariates on the determination of earnings; and examine inequality in the distribution of earnings. Methods The study used self-reported survey data collected in 2017 from a subset of HE/OR/MA professionals in the HealthEconomics.com global subscriber list. HE/OR/MA professionals in this subset completed a questionnaire. The sample consisted of 372 participants who reported their wage-and-salary earnings and other indicators. The sample was not necessarily representative of the global HE/OR/MA community. The study methods included a two-way classification model with multiple replications, an ordinary least-squares model, and three inequality indicators. Principal Findings The results suggested substantial disparities between the wage-and-salary earnings of respondents living in the USA and those living in other countries; mild gender disparities in earnings; greater inequality outside the USA than within the USA; and, within each location, more unequal distribution of men’s earnings than that of women’s earnings. Conclusions Although the findings may not be extrapolated to the worldwide population of HE/OR/MA professionals, they provide a point of comparison with earlier studies and offer insights into the mechanics of one of the most innovative and fastest growing health-sector workforce segments in developed as well as emerging countries.

Suggested Citation

  • Ioana Popovici & Manuel J. Carvajal & Patti Peeples & Silvia E. Rabionet, 2021. "Disparities in the Wage-and-Salary Earnings, Determinants, and Distribution of Health Economics, Outcomes Research, and Market Access Professionals: An Exploratory Study," PharmacoEconomics - Open, Springer, vol. 5(2), pages 319-329, June.
    • Handle: RePEc:spr:pharmo:v:5:y:2021:i:2:d:10.1007_s41669-020-00247-2
    DOI: 10.1007/s41669-020-00247-2
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    References listed on IDEAS

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    1. Aaberge, Rolf & Mogstad, Magne & Peragine, Vito, 2011. "Measuring long-term inequality of opportunity," Journal of Public Economics, Elsevier, vol. 95(3), pages 193-204.
    2. Manuel J. Carvajal & Patti Peeples & Ioana Popovici, 2019. "A Probe into the Wages and Salaries of Health Economics, Outcomes Research, and Market Access Professionals," Applied Health Economics and Health Policy, Springer, vol. 17(5), pages 741-751, October.
    3. Cowell, Frank, 2011. "Measuring Inequality," OUP Catalogue, Oxford University Press, edition 3, number 9780199594047.
    4. Jacqueline Cumming, 2015. "Health Economics and Health Policy: Experiences from New Zealand," Applied Health Economics and Health Policy, Springer, vol. 13(3), pages 281-289, June.
    5. Michael A. Morrisey & John Cawley, 2008. "US health economists: who we are and what we do," Health Economics, John Wiley & Sons, Ltd., vol. 17(4), pages 535-543, April.
    6. Kawachi, Ichiro & Kennedy, Bruce P., 1997. "The relationship of income inequality to mortality: Does the choice of indicator matter?," Social Science & Medicine, Elsevier, vol. 45(7), pages 1121-1127, October.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Journal round-up: PharmacoEconomics – Open 5(2)
      by Rita Faria in The Academic Health Economists' Blog on 2021-07-26 06:00:01

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