Abstract

GOMEZ-SANCHEZ, Andres Mauricio  and  RAMIREZ-GUTIERREZ, Zoraida. Real Wage Growth Rate for Private Education for University Professors: A Gender Analysis with Panel Data in Southwestern Colombia. Dimens.empres. [online]. 2021, vol.19, n.1, pp.2-2.  Epub Aug 10, 2026. ISSN 1692-8563.  https://doi.org/10.15665/dem.v19i1.2718.

The objective of this document consists of estimating the real wage growth rate over time for the professors of the Faculty of Economics at the University of Cauca, which is located in Popayan, Colombia, by making special emphasis on gender differentials. In order to achieve it, an extended function of Mincer (1974) with panel data is used, which includes apart from the traditional variables related to education and experience, a set of covariates distributed as exogenous and invariant covariates over time, and other endogenous semi-variants covariates over time. For such a reason, we use an Efficient Generalized Instrumental Variable model estimated under the Hausman-Taylor framework, where some covariates are allowed to be correlated with unobservable individual random effects. The information is anonymously provided by the Human Talent Management Division at this University, in the 2010-2020 period. The results show that the wage growth rate for an additional year of education, in general, is equal to 2,1%; while for male teachers, it is 2,4%, and for female teachers, it is 2,7%. Although the average wage increase is higher for female teachers, there exists the possibility of discrimination by gender since the absolute average wages for each period are always lower for female teachers. However, the wage gap could be accentuated in external conditions of the University, as a result of care economy.

Keywords : Returns to Education; University Professors; Panel Data; and Salary Gap.

        · abstract in Spanish | Portuguese     · text in Spanish     · Spanish ( pdf )