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The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory

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  • DANIEL S. HAMERMESH

Abstract

Does a country benefit from temporarily importing human capital? Do foreign academic visitors generate additional scholarly research on local issues? I use a survey in which visitors to ANU's Economics Program described their research before and after their visit and designated an otherwise similar non-visitor as a control. Matching to controls may thus be along observable and unobservable characteristics. These visits have a highly significant impact on the visitor's subsequent research, redirecting it toward Australia. Valuing this extra research based on scholarly citations received and the effects of citations on salaries shows substantial monetary gains. Copyright © 2006 The Economic Society of Australia.

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Bibliographic Info

Article provided by The Economic Society of Australia in its journal Economic Record.

Volume (Year): 82 (2006)
Issue (Month): 257 (06)
Pages: 138-149

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Handle: RePEc:bla:ecorec:v:82:y:2006:i:257:p:138-149

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  1. Wise, Donald E, 1974. "The Effect of the Bracero on Agricultural Production in California," Economic Inquiry, Western Economic Association International, vol. 12(4), pages 547-58, December.
  2. John Bound, 1989. "The Health and Earnings of Rejected Disability Insurance Applicants," NBER Working Papers 2816, National Bureau of Economic Research, Inc.
  3. Moore, William J & Newman, Robert J & Turnbull, Geoffrey K, 2001. "Reputational Capital and Academic Pay," Economic Inquiry, Western Economic Association International, vol. 39(4), pages 663-71, October.
  4. Jonathan Gruber & Brigitte C. Madrian, 1994. "Health insurance and job mobility: The effects of public policy on job-lock," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 48(1), pages 86-102, October.
  5. Glenn Ellison, 2000. "The Slowdown of the Economics Publishing Process," NBER Working Papers 7804, National Bureau of Economic Research, Inc.
  6. Sauer, Raymond D, 1988. "Estimates of the Returns to Quality and Coauthorship in Economic Academia," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 855-66, August.
  7. Daniel S. Hamermesh & Sharon M. Oster, 2002. "Tools or Toys? The Impact of High Technology on Scholarly Productivity," Economic Inquiry, Western Economic Association International, vol. 40(4), pages 539-555, October.
  8. Quandt, Richard E, 1976. "Some Quantitative Aspects of the Economics Journal Literature," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 741-55, August.
  9. Ronald G. Ehrenberg & Daniel Hamermesh & George E. Johnson, 1977. "Policy decisions and research in economics and industrial relations. An exchange of views," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 31(1), pages 10, October.
  10. Daniel S. Hamermesh & Stephen G. Donald, 2004. "The Effect of College Curriculum on Earnings: Accounting for Non-Ignorable Non-Response Bias," NBER Working Papers 10809, National Bureau of Economic Research, Inc.
  11. N. Kulendran & Kenneth Wilson, 2000. "Is there a relationship between international trade and international travel?," Applied Economics, Taylor & Francis Journals, vol. 32(8), pages 1001-1009.
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Cited by:
  1. Robert Lawson & Jayme Lemke, 2012. "Travel visas," Public Choice, Springer, vol. 153(1), pages 17-36, October.

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