Determinants of Agricultural Economic Faculty Salaries: A Quarter of a Century Later

Bill B. Golden, Leah J. Tsoodle, Oluwarotimi O. Odeh and Allen Featherstone

Review of Agricultural Economics, 2006, vol. 28, issue 2, 254-261

Abstract: 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.

Date: 2006
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Journal Article: Determinants of Agricultural Economic Faculty Salaries: A Quarter of a Century Later (2006)
Working Paper: DETERMINANTS OF AGRICULTURAL ECONOMIC FACULTY SALARIES: A QUARTER OF A CENTURY LATER (2004)
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