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Research Funding, Experience, and Seniority in Academia

Author

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  • Nelson, Paul A.
  • Monson, Terry

Abstract

Research funding as a measure of faculty productivity has not been incorporated into previous studies of academic salary profiles. Here, we examine the effects of research funding, as well as publications, at a mid-sized, non-unionized, science and engineering-focused, American public university. Our conclusions are that research funding is more significant than publications in explaining salary differences for engineering and hard science faculty members; in contrast, only publications contribute to salary differences for faculty members in other disciplines. In addition, returns to seniority are generally nil or negative, which corroborate most other studies of this nature. Higher graduate and lower undergraduate student credit hour generation are associated with increased salaries in disciplines (in this case, engineering and the hard sciences) that have been expanding their graduate programs, but have no impact upon salaries in other disciplines.

Suggested Citation

  • Nelson, Paul A. & Monson, Terry, 2006. "Research Funding, Experience, and Seniority in Academia," Review of Applied Economics, Review of Applied Economics, vol. 2(1).
  • Handle: RePEc:ags:reapec:50284
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    File URL: http://purl.umn.edu/50284
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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. Abraham, Katharine G & Farber, Henry S, 1987. "Job Duration, Seniority, and Earnings," American Economic Review, American Economic Association, vol. 77(3), pages 278-297, June.
    3. Hoffman, Emily P, 1976. "Faculty Salaries: Is There Discrimination by Sex, Race, and Discipline? Additional Evidence," American Economic Review, American Economic Association, vol. 66(1), pages 196-198, March.
    4. Hallock, Kevin F, 1995. "Seniority and Monopsony in the Academic Labor Market: Comment," American Economic Review, American Economic Association, vol. 85(3), pages 654-657, June.
    5. James Monks & Michael Robinson, 2001. "The Returns to Seniority in Academic Labor Markets," Journal of Labor Research, Transaction Publishers, vol. 22(2), pages 415-427, April.
    6. McNabb, Robert & Wass, Victoria, 1997. "Male-Female Salary Differentials in British Universities," Oxford Economic Papers, Oxford University Press, vol. 49(3), pages 328-343, July.
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    Cited by:

    1. Steven Stack, 2014. "Teaching and Salaries in Social Science: A Research Note," Social Science Quarterly, Southwestern Social Science Association, vol. 95(3), pages 785-794, September.

    More about this item

    Keywords

    Human capital; specific human capital; professional labor markets; Research and Development/Tech Change/Emerging Technologies; J24; J41; J44;

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations

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