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The Hedonic Price Structure of Faculty Compensation at U.S. Colleges and Universities
| Content Provider | Semantic Scholar |
|---|---|
| Author | Clark, David Eugene Knapp, Thomas A. |
| Copyright Year | 1995 |
| Abstract | Economic theory suggests that the variation in academic salaries across institutions in part reflects compensating differences associated with variation in the levels of local "quality of life" factors such as environmental quality and the provision of local public services. This paper presents an econometric analysis of the hedonic, or implicit price structure, of faculty compensation at U.S. colleges and universities using data from AAUP merged with data on a host of location-specific characteristics. Quality of life factors are found to be important, accounting for between 7 percent and 12.8 percent of total compensation. |
| Starting Page | 117 |
| Ending Page | 141 |
| Page Count | 25 |
| File Format | PDF HTM / HTML |
| Volume Number | 25 |
| Alternate Webpage(s) | https://epublications.marquette.edu/cgi/viewcontent.cgi?article=1049&context=econ_fac&httpsredir=1&referer= |
| Alternate Webpage(s) | http://journal.srsa.org/ojs/index.php/RRS/article/download/25.2.2/445 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
