Substitution of women for men faculty in higher education: Do relative salaries matter?

The paper provides quantitative estimates of the degree of substitutability between men and women faculty in higher education and examines the extent to which price (salary) differentials have played a role in altering the sex distribution in academe. Our results suggest uniformly low own-price elasticities with cross elasticities which differ by academic rank and sex. Further analysis is made of whether institutions of higher education have increased the proportion of females at the upper ranks due to salary factors. Our conclusion is that nonsalary factors appear to have been responsible for the changing sex distribution in academe.