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World-leading research and its measurement
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Oswald, Andrew J. (2009) World-leading research and its measurement. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.887).
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Official URL: https://warwick.ac.uk/fac/soc/economics/research/w...
Abstract
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) | ||||
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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 | ||||
Official Date: | 14 January 2009 | ||||
Dates: |
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Number: | No.887 | ||||
Number of Pages: | 20 | ||||
Institution: | University of Warwick | ||||
Status: | Not Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Funder: | Economic and Social Research Council (Great Britain) (ESRC) |
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