The Labor Market for New Agricultural and Natural Resource Economics Ph.D.s

Wendy Stock and John Siegfried
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Wendy Stock: Montana State University

No 504, Vanderbilt University Department of Economics Working Papers from Vanderbilt University Department of Economics

Abstract: This paper describes the characteristics and labor market experiences of new agricultural and natural resource (ANR) economics Ph.D.s, based on surveys of graduates in 1996-97 and 2001-02. An average of 185 new Ph.D.s in ANR economics were awarded in each of these years. Among these, an average of 27 percent were earned by women, and 36 percent were earned by U.S. citizens. The median graduate took 5.2 years to earn the Ph.D. Ninety-five percent of the graduates were employed. About half of the jobs were in academe, with the remainder divided roughly equally among government, international or research organizations, and business, industry, and consulting. The median salary of new ANR economics Ph.D.s holding full-time jobs in the U.S. was $62,500 in 2002, up from $47,500 five years earlier. Ninety-one percent of the respondents reported that they like their job fairly well. Those who do less research and more service are more likely to be dissatisfied with their jobs. Overall, 85 percent of the new ANR economics Ph.D.s reported that had they known at matriculation what they know after graduation, they still would have pursued a Ph.D.

Keywords: Agricultural and natural resource economists; market for agricultural economists; salaries of agricultural economists (search for similar items in EconPapers)
JEL-codes: A11 (search for similar items in EconPapers)
Date: 2005-02
New Economics Papers: this item is included in nep-agr, nep-ene and nep-env
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http://www.accessecon.com/pubs/VUECON/vu05-w04.pdf First version, 2005 (application/pdf)

Related works:
Journal Article: The Labor Market for New Agricultural and Natural Resource Economics Ph.D.s (2006)
Journal Article: The Labor Market for New Agricultural and Natural Resource Economics Ph.D.s (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:van:wpaper:0504

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