Are Returns to Research Quality Lower in Agricultural Economics than in Economics?

We compare effects of research quality and quantity on the salary of academics in agricultural economics and economics departments of the same universities. Agricultural economists get a significantly lower payoff to research quality, whether measured in terms of citations or in terms of quality-weighted journal output (based on nine different weighting schemes). Instead, salary in these agricultural economics departments appears to depend on the quantity of journal articles. In contrast, article counts have no independent effect on economist salaries. One-third of academics in the agricultural economics departments studied here have doctoral training in economics; these very different reward structures for research may cause frustration for these faculty due to the muted returns to research quality that agricultural economics departments seem to offer.

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Conference Paper/ Presentation
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JEL Codes:
A14; J44; Q00

 Record created 2017-04-01, last modified 2020-10-28

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