World-leading research and its measurement
Oswald, Andrew J. (2009) World-leading research and its measurement. Working Paper. Coventry: University of Warwick, Department of Economics. (Warwick economic research papers).
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Journalists and others have asked me whether the favourable RAE 2008 results for UK economics are believable. This is a fair question. It also opens up a broader and more important one: how can we design a bibliometric method to assess the quality (rather than merely quantity) of a nation’s science? To try to address this, I examine objective data on the world’s most influential economics articles. I find that the United Kingdom performed reasonably well over the 2001-2008 period. Of 450 genuinely world-leading journal articles, the UK produced 10% of them -- and was the source of the most-cited article in each of the Journal of Econometrics, the International Economic Review, the Journal of Public Economics, and the Rand Journal of Economics, and of the second most-cited article in the Journal of Health Economics. Interestingly, more than a quarter of these world-leading UK articles came from outside the best-known half-dozen departments. Thus the modern emphasis on ‘top’ departments and the idea that funding should be concentrated in a few places may be mistaken. Pluralism may help to foster iconoclastic ideas.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||L Education > LB Theory and practice of education > LB2300 Higher Education|
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Research Assessment Exercise (Great Britain), Research -- Evaluation, Education, Higher -- Research -- Great Britain, Bibliographical citations, Higher education and state -- Great Britain|
|Series Name:||Warwick economic research papers|
|Publisher:||University of Warwick, Department of Economics|
|Place of Publication:||Coventry|
|Date:||14 January 2009|
|Number of Pages:||20|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
|Funder:||Economic and Social Research Council (Great Britain) (ESRC)|
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