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What matters most: teaching or research? Empirical evidence on the remuneration of British academics

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  • Rob Euwals
  • Melanie Ward

Abstract

This paper examines the impact of productivity on pay within academia, drawing upon a detailed dataset of academics from five old established universities. Results outline the importance of publication; grant receipt and teaching quality in the determination of pay. A large financial penalty to time out of the profession is revealed, which, with productivity variables, explains away the gender salary gap. The relationship between teaching and research is investigated, and we find some evidence in support of the hypothesis that productive researchers are successful teachers. Results on reservation salary suggest that the best academics are willing to stay within the profession.

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  • Rob Euwals & Melanie Ward, 2005. "What matters most: teaching or research? Empirical evidence on the remuneration of British academics," Applied Economics, Taylor & Francis Journals, vol. 37(14), pages 1655-1672.
    • Handle: RePEc:taf:applec:v:37:y:2005:i:14:p:1655-1672
    DOI: 10.1080/00036840500181620
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    References listed on IDEAS

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    1. Brown, Byron W. & Woodbury, Stephen A., 1998. "Seniority, external labor markets, and faculty pay," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(4), pages 771-798.
    2. Melanie E. Ward, 2001. "Gender and Promotion in the Academic Profession," Scottish Journal of Political Economy, Scottish Economic Society, vol. 48(3), pages 283-302, August.
    3. McDowell, John M, 1982. "Obsolescence of Knowledge and Career Publication Profiles: Some Evidence of Differences among Fields in Costs of Interrupted Careers," American Economic Review, American Economic Association, vol. 72(4), pages 752-768, September.
    4. Johnson, George E & Stafford, Frank P, 1974. "The Earnings and Promotion of Women Faculty," American Economic Review, American Economic Association, vol. 64(6), pages 888-903, December.
    5. Blackaby, David & Frank, Jeff, 2000. "Ethnic and Other Minority Representation in UK Academic Economics," Economic Journal, Royal Economic Society, vol. 110(464), pages 293-311, June.
    6. Ransom, Michael R, 1993. "Seniority and Monopsony in the Academic Labor Market," American Economic Review, American Economic Association, vol. 83(1), pages 221-233, March.
    7. Amemiya, Takeshi, 1984. "Tobit models: A survey," Journal of Econometrics, Elsevier, vol. 24(1-2), pages 3-61.
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    Cited by:

    1. Charissa Samaniego & Peggy Lindner & Maryam A. Kazmi & Bobbie A. Dirr & Dejun Tony Kong & Evonzia Jeff-Eke & Christiane Spitzmueller, 2023. "Higher research productivity = more pay? Gender pay-for-productivity inequity across disciplines," Scientometrics, Springer;Akadémiai Kiadó, vol. 128(2), pages 1395-1407, February.
    2. Gamage, Danula K. & Kavetsos, Georgios & Mallick, Sushanta & Sevilla, Almudena, 2020. "Pay Transparency Initiative and Gender Pay Gap: Evidence from Research-Intensive Universities in the UK," IZA Discussion Papers 13635, Institute of Labor Economics (IZA).
    3. Epifanio, Mariaelisa & Troeger, Vera E, 2013. "How much do children really cost? Maternity benefits and career opportunities of women in academia," CAGE Online Working Paper Series 171, Competitive Advantage in the Global Economy (CAGE).
    4. Finn Christensen & James Manley & Louise Laurence, 2010. "The Allocation of Merit Pay in Academia," Working Papers 2010-13, Towson University, Department of Economics, revised Jul 2010.
    5. Ali Palali & Roel van Elk & Jonneke Bolhaar & Iryna Rud, 2017. "Are good researchers also good teachers? The relationship between research quality and teaching quality," CPB Discussion Paper 347.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Fouad El Ouardighi & Konstantin Kogan & Radu Vranceanu, 2013. "Publish or Teach ? : Analysis of the Professor's Optimal Career Plan," Working Papers hal-00823514, HAL.
    7. De Fraja, Gianni & Valbonesi, Paola, 2012. "The design of the university system," Journal of Public Economics, Elsevier, vol. 96(3), pages 317-330.
    8. Elena Kochukhova, 2020. "The Academic Profession as Perceived by Faculty," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 2, pages 278-302.
    9. Epifanio, Mariaelisa & Troeger, Vera E., 2018. "Maternity leaves in Academia : Why are some UK universities more generous than others?," The Warwick Economics Research Paper Series (TWERPS) 1158, University of Warwick, Department of Economics.
    10. Кочухова Е. С., 2020. "Академическая Профессия Глазами Преподавателей," Вопросы образования // Educational Studies Moscow, National Research University Higher School of Economics, issue 2, pages 278-302.
    11. Paul S. Carlin & Michael P. Kidd & Patrick M. Rooney & Brian Denton, 2013. "Academic Wage Structure by Gender: The Roles of Peer Review, Performance, and Market Forces," Southern Economic Journal, John Wiley & Sons, vol. 80(1), pages 127-146, July.
    12. Finn Christensen & James Manley & Louise Laurence, 2011. "The Allocation of Merit Pay in Academia: A Case Study," Economics Bulletin, AccessEcon, vol. 31(2), pages 1548-1562.
    13. El Ouardighi, Fouad & Kogan, Konstantin & Vranceanu, Radu, 2013. "Publish or teach? Analysis of the professor's optimal career path," Journal of Economic Dynamics and Control, Elsevier, vol. 37(10), pages 1995-2009.
    14. Ali Palali & Roel van Elk & Jonneke Bolhaar & Iryna Rud, 2017. "Are good researchers also good teachers? The relationship between research quality and teaching quality," CPB Discussion Paper 347, CPB Netherlands Bureau for Economic Policy Analysis.
    15. repec:hal:journl:hal-00823514 is not listed on IDEAS
    16. Epifanio, Mariaelisa & Troeger, Vera E., 2018. "Maternity leaves in Academia: Why are some UK universities more generous than others?," CAGE Online Working Paper Series 365, Competitive Advantage in the Global Economy (CAGE).

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