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The return of publications for economics faculty

Author

Listed:
  • Onur Baser

    (The MEDSTAT Group)

  • Elda Pema

    (Michigan State University)

Abstract

This study uses comprehensive panel data to determine the effect of publications on the salaries of full-time economics faculty in nine midwestern universities. The data set allows us to control not only the volume but also the quality of publications. Recent developments in the ISI-Web of science enable us to divide total citations per faculty member into citations by others and self-citations. Since none of the traditional measures (citations, publication indexes, total article pages) when used individually fully accounts for all research output, all available measures should be used. Our findings indicate that average number of article-pages published in The American Economic Review (AER) are likely to increase salary by %1.3 to %1.9 per year. Neither self-citations nor publications in non-ranked journals appears to affect salary.

Suggested Citation

  • Onur Baser & Elda Pema, 2003. "The return of publications for economics faculty," Economics Bulletin, AccessEcon, vol. 1(1), pages 1-13.
    • Handle: RePEc:ebl:ecbull:eb-03a10001
    as

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    File URL: http://www.accessecon.com/pubs/EB/2003/Volume1/EB-03A10001A.pdf
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    References listed on IDEAS

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    1. Katz, David A, 1973. "Faculty Salaries, Promotion, and Productivity at a Large University," American Economic Review, American Economic Association, vol. 63(3), pages 469-477, June.
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    3. Tuckman, Howard P & Gapinski, James H & Hagemann, Robert P, 1977. "Faculty Skills and the Salary Structure in Academe: A Market Perspective," American Economic Review, American Economic Association, vol. 67(4), pages 692-702, September.
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    5. Siegfried, John J & White, Kenneth J, 1973. "Financial Rewards to Research and Teaching: A Case Study of Academic Economists," American Economic Review, American Economic Association, vol. 63(2), pages 309-315, May.
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    Cited by:

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    2. Colleen Flaherty Manchester & Lisa M. Leslie & Amit Kramer, 2013. "Is the Clock Still Ticking? An Evaluation of the Consequences of Stopping the Tenure Clock," ILR Review, Cornell University, ILR School, vol. 66(1), pages 3-31, January.
    3. Daniel S. Hamermesh, 2018. "Citations in Economics: Measurement, Uses, and Impacts," Journal of Economic Literature, American Economic Association, vol. 56(1), pages 115-156, March.
    4. Bill B. Golden & Leah J. Tsoodle & Oluwarotimi O. Odeh & Allen M. Featherstone, 2006. "Determinants of Agricultural Economic Faculty Salaries: A Quarter of a Century Later," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(2), pages 254-261.
    5. João Faria & Rajeev Goel, 2010. "Returns to networking in academia," Netnomics, Springer, vol. 11(2), pages 103-117, July.
    6. Alexander K. Koch & Albrecht Morgenstern, 2005. "From Team Spirit to Jealousy: The Pitfalls of Too Much Transparency," Royal Holloway, University of London: Discussion Papers in Economics 05/08, Department of Economics, Royal Holloway University of London, revised Jul 2005.
    7. João Ricardo Faria & Rajeev K. Goel, 2016. "Academic Publication Uncertainty and Publishing Behavior: A Game-Theoretic Perspective," CESifo Working Paper Series 6176, CESifo.
    8. Jiménez-Fernández, Eduardo & Sánchez, Angeles & Ortega-Pérez, Mario, 2022. "Dealing with weighting scheme in composite indicators: An unsupervised distance-machine learning proposal for quantitative data," Socio-Economic Planning Sciences, Elsevier, vol. 83(C).
    9. João Ricardo Faria & Franklin G. Mixon, 2021. "The Marginal Impact of a Publication on Citations, and Its Effect on Academic Pay," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(9), pages 8217-8226, September.
    10. Rajeev K. Goel & João Ricardo Faria, 2007. "Proliferation Of Academic Journals: Effects On Research Quantity And Quality," Metroeconomica, Wiley Blackwell, vol. 58(4), pages 536-549, November.

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    JEL classification:

    • A1 - General Economics and Teaching - - General Economics

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