An Explanation of a Gender Earnings Gap in the Veterinary Profession

Analysis of a unique data set of U.S. veterinary firms and veterinarians provides evidence of significant differences in earnings between self-employed males and females. After controlling for important concomitant variables, including training and experience, self-employed female veterinarians gene...

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Main Authors: David Smith, Demos Vardiabasis, Samuel Seaman, Yury Adamo
Format: Article
Language:English
Published: Athens Institute for Education and Research 2021-04-01
Series:Athens Journal of Business & Economics
Subjects:
Online Access:https://www.athensjournals.gr/business/2021-7-2-2-Smith.pdf
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author David Smith
Demos Vardiabasis
Samuel Seaman
Yury Adamo
author_facet David Smith
Demos Vardiabasis
Samuel Seaman
Yury Adamo
author_sort David Smith
collection DOAJ
description Analysis of a unique data set of U.S. veterinary firms and veterinarians provides evidence of significant differences in earnings between self-employed males and females. After controlling for important concomitant variables, including training and experience, self-employed female veterinarians generally own smaller clinics and have lower earnings than their male counterparts. This study considers which demographic/economic factors may be associated with observed gender differences in earnings. The gender gap for average earnings is about 44 percent; however, when controlling for certain characteristics, the gap narrows to as little as 23 percent, depending on the model specification. Firm size was found to be the strongest contributing factor in explaining the gender gap in earnings, and so, possible explanations for differences in firm size have also been discussed. Whilst the analysis is not conclusive, there is evidence that self-employed females may face customer discrimination, which may constrain the growth and size of female-owned firms. (JEL D21)
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spelling doaj.art-60c9ef171d5d465e978a8b5d38c5b6ef2022-12-22T04:17:20ZengAthens Institute for Education and ResearchAthens Journal of Business & Economics2241-794X2021-04-017214516010.30958/ajbe.7-2-2An Explanation of a Gender Earnings Gap in the Veterinary ProfessionDavid Smith0Demos Vardiabasis1Samuel Seaman2Yury Adamo3Professor, Pepperdine University, USAProfessor, Pepperdine University, USAProfessor, Pepperdine University, USAProfessor, Pepperdine University, USAAnalysis of a unique data set of U.S. veterinary firms and veterinarians provides evidence of significant differences in earnings between self-employed males and females. After controlling for important concomitant variables, including training and experience, self-employed female veterinarians generally own smaller clinics and have lower earnings than their male counterparts. This study considers which demographic/economic factors may be associated with observed gender differences in earnings. The gender gap for average earnings is about 44 percent; however, when controlling for certain characteristics, the gap narrows to as little as 23 percent, depending on the model specification. Firm size was found to be the strongest contributing factor in explaining the gender gap in earnings, and so, possible explanations for differences in firm size have also been discussed. Whilst the analysis is not conclusive, there is evidence that self-employed females may face customer discrimination, which may constrain the growth and size of female-owned firms. (JEL D21)https://www.athensjournals.gr/business/2021-7-2-2-Smith.pdfgender differencessalariesself-employmentveterinarians
spellingShingle David Smith
Demos Vardiabasis
Samuel Seaman
Yury Adamo
An Explanation of a Gender Earnings Gap in the Veterinary Profession
Athens Journal of Business & Economics
gender differences
salaries
self-employment
veterinarians
title An Explanation of a Gender Earnings Gap in the Veterinary Profession
title_full An Explanation of a Gender Earnings Gap in the Veterinary Profession
title_fullStr An Explanation of a Gender Earnings Gap in the Veterinary Profession
title_full_unstemmed An Explanation of a Gender Earnings Gap in the Veterinary Profession
title_short An Explanation of a Gender Earnings Gap in the Veterinary Profession
title_sort explanation of a gender earnings gap in the veterinary profession
topic gender differences
salaries
self-employment
veterinarians
url https://www.athensjournals.gr/business/2021-7-2-2-Smith.pdf
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