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Determinants of Agricultural Economic Faculty Salaries: A Quarter of a Century Later
Author(s) -
Golden Bill B.,
Tsoodle Leah J.,
Odeh Oluwarotimi O.,
Featherstone Allen M.
Publication year - 2006
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.1111/j.1467-9353.2006.00285.x
Subject(s) - quarter (canadian coin) , agriculture , agricultural economics , economics , labour economics , business , economic growth , demographic economics , geography , archaeology
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.