Monetary Returns to Bachelors and Masters Degrees in Agricultural Economics

Broder, Josef M.; Deprey, Rodney P.

doi:10.2307/1241091

Cited by 22 publications

(1 citation statement)

References 19 publications

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“…Others interpreted their results purely in terms of signs and qualitative changes rather than economic substance (e.g. Broder and Deprey 1985): “Expenditures per pupil (EXP) was found to have a negative and less‐than‐significant influence on salary.” These practices make the interpretation of results more difficult and obscure the economic implications of estimates, which may then encourage authors to focus on statistical significance and signs of coefficient estimates rather than on magnitudes and substance.…”

Section: Resultsmentioning

confidence: 99%

Is There a Cult of Statistical Significance in Agricultural Economics?

Rommel¹,

Weltin²

2020

Applied Eco Perspectives Pol

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In an analysis of articles published in ten years of the American Economic Review, Deirdre McCloskey and Stephen Ziliak have shown that economists often fail to adequately distinguish economic and statistical significance. In this paper, we briefly review their arguments and develop a ten-item questionnaire on the statistical practice in the Agricultural Economics community. We apply our questionnaire to the 2015 volumes of the American Journal of Agricultural Economics, the European Review of Agricultural Economics, the Journal of Agricultural Economics, and the American Economic Review. We specifically focus on the "sizeless stare" and the negligence of economic significance. Our initial results indicate that there is room of improvement in statistical practice. Empirical papers rarely consider the power of statistical tests or run simulations. The economic consequences of estimation results are often not adequately addressed. We discuss the implications of our findings for the publication process and teaching in Agricultural Economics.

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Section: Resultsmentioning

confidence: 99%

Is There a Cult of Statistical Significance in Agricultural Economics?

Rommel¹,

Weltin²

2020

Applied Eco Perspectives Pol

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Market returns to agribusiness skills and competencies

Preston

Broder

1990

Agribusiness

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Survey responses were used to develop career skill portfolios for a sample of former agriculture students. Cluster analysis identified three distinct career profiles differentiated by the relative need for communication skills; interpersonal skills; computer, quantitative, and management information; business and economics skills; and technical skills. Statistical tests supported the hypothesis that distinct skill and competency portfolios obtain differential values in labor markets. Results suggested that career advancement strategies should emphasize communication and interpersonal skills and that these skills be developed early in an employee's career.Colleges of agriculture traditionally have played a major role in preparing students for careers in agribusiness. Recent declines in agricultural student enrollmentsl raise serious questions about the quantity and quality of graduates available for future agribusiness employment. Enrollment declines have generated a renewed interest in evaluations of undergraduate degree programs in agriculture. These evaluations generally are directed at agribusiness employers or recent graduates from colleges and schools of agriculture. The purpose of these evalua-*Partial support for this research was provided by Southern Regional Research Project S-200, "Occupational Career Paths of Former Students in Southern Landgrant Universities." The authors appreciate the contributions of

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Career development of agricultural graduates: A gender comparison

Thomas

Cotten²,

Luedke³

1991

Agribusiness

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The purpose of this study is to examine the employment mobility patterns of male and female agricultural graduates. A 30% random sample (n = 5,049) was selected among agricultural students who had attended 1862 southern land-grant universities during 1977. A mail survey conducted with agricultural alumni in 1987 resulted in 2,049 respondents. Findings indicated that female graduates were less likely than male graduates to have entered agricultural jobs after completing college and to have received smaller salaries for comparable employment. Almost onequarter of the women became homemakers, employed part-time, or unemployed, producing a net loss of agricultural human capital.The ratio of employed men and women differs across industries and occupations.' In agriculture, for example, women represent only 21% of all employed workers. They comprise less than 5% of the scientists and professionals in agriculture and concentrate in such areas as nutrition, social sciences, and food sciences.2 John K . Thomas is Associate Professor in the Department of Rural Sociology at Texas A&M University. Jennger F . Cotten and Alvin J . Luedke are graduate assistants who are pursuing master degrees in the Department of Rural Sociology.

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Monetary Returns to Bachelors and Masters Degrees in Agricultural Economics

Cited by 22 publications

References 19 publications

Is There a Cult of Statistical Significance in Agricultural Economics?

Is There a Cult of Statistical Significance in Agricultural Economics?

Market returns to agribusiness skills and competencies

Career development of agricultural graduates: A gender comparison

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