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

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  • Wendy A. Stock
  • John J. Siegfried

Abstract

We describe the characteristics and labor market experiences of new agricultural and natural resource economics Ph.D.s. Women earned roughly 27% of the Ph.D.s earned during 1996–97 and 2001–02; 36% of the Ph.D.s awarded were earned by U.S. citizens. About half of the employed graduates found jobs in academe, with the remainder divided roughly equally among government, international or research organizations, business, industry, and consulting. The median salary of new Ph.D.s holding full-time jobs in the United States was $62,500 in 2002, up from $47,500 five years earlier. Copyright 2006, Oxford University Press.

Suggested Citation

  • Wendy A. Stock & John J. Siegfried, 2006. "The Labor Market for New Agricultural and Natural Resource Economics Ph.D.s," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(1), pages 147-163.
    • Handle: RePEc:oup:revage:v:28:y:2006:i:1:p:147-163
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    File URL: http://hdl.handle.net/10.1111/j.1467-9353.2006.00278.x
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    1. John J. Siegfried & Wendy A. Stock, 2001. "So You Want to Earn a Ph.D. in Economics?: How Long Do You Think It Will Take?," Journal of Human Resources, University of Wisconsin Press, vol. 36(2), pages 364-378.
    2. Stock, Wendy A & Siegfried, John J, 2001. "So You Want to Earn a Ph.D. in Economics: How Much Do You Think You'll Make?," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 320-335, April.
    3. Mary A. Marchant & Lydia Zepeda, 1995. "The Agricultural Economics Profession at the Crossroads: Survey Results of Faculty Salary, Employment, and Hiring Prospects," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(5), pages 1322-1328.
    4. Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-475, June.
    5. John J. Siegfried & Wendy A. Stock, 1999. "The Labor Market for New Ph.D. Economists," Journal of Economic Perspectives, American Economic Association, vol. 13(3), pages 115-134, Summer.
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    Cited by:

    1. Hilmer, Michael J. & Hilmer, Christiana E., 2006. "Women Helping Women in Agricultural Economics? Same-Gender Mentoring and Early Career Research Productivity for Agricultural Economics Ph.D.s," 2006 Annual meeting, July 23-26, Long Beach, CA 21067, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Kelsey L. Conley & Jayson L. Lusk & Joe L. Parcell & Glynn T. Tonsor, 2019. "Consulting Activities of Agricultural Economists and Response to University Policies," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 41(4), pages 650-667, December.
    3. Penn, Jerrod & Sandberg, H. Mikael, 2013. "Agricultural and Resource Economics Ph.D. Students: Who are They and What Do They Want?," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151138, Agricultural and Applied Economics Association.

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    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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