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Academic and private sector salaries: chalk and cheese?

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  • Mark Baimbridge

Abstract

This paper utilizes evidence from the Association of University Teachers advanced to support the 1996 claim for increased remuneration for their members in the UK higher education sector. The study specifically focuses upon the determinants of pay for academic staff and a comparative series of private sector professions within a human capital theory framework. Following the estimation of an earnings function with respect to education and training, examination of the actual and estimated salary levels indicates that the degree of incomparability between academics and the nominated private sector occupations is not of the magnitude suggested by the AUT. These findings have implications for strategies, such as a pay review body, which have been proposed to alleviate supposed pay discrepancies relating to academic staff in British universities.

Suggested Citation

  • Mark Baimbridge, 1998. "Academic and private sector salaries: chalk and cheese?," Applied Economics Letters, Taylor & Francis Journals, vol. 5(4), pages 211-214.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:4:p:211-214
    DOI: 10.1080/135048598354834
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    References listed on IDEAS

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    1. R. F. Elliott & K. Duffus, 1996. "What Has Been Happening to Pay in the Public-Service Sector of the British Economy? Developments over the Period 1970–1992," British Journal of Industrial Relations, London School of Economics, vol. 34(1), pages 51-85, March.
    2. Fairweather, James S., 1995. "Myths and realities of academic labor markets," Economics of Education Review, Elsevier, vol. 14(2), pages 179-192, June.
    3. Mark Baimbridge, 1995. "Academic staff salaries: equity and exploitation," Applied Economics Letters, Taylor & Francis Journals, vol. 2(12), pages 469-472.
    4. Debra A. Barbezat, 1987. "Salary Differentials by Sex in the Academic Labor Market," Journal of Human Resources, University of Wisconsin Press, vol. 22(3), pages 422-428.
    5. Breusch, T S & Pagan, A R, 1979. "A Simple Test for Heteroscedasticity and Random Coefficient Variation," Econometrica, Econometric Society, vol. 47(5), pages 1287-1294, September.
    6. repec:eee:labchp:v:1:y:1986:i:c:p:641-692 is not listed on IDEAS
    7. Barbezat, Debra A., 1991. "Updating estimates of male-female salary differentials in the academic labor market," Economics Letters, Elsevier, vol. 36(2), pages 191-195, June.
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