The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory
AbstractDoes 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 InfoArticle provided by The Economic Society of Australia in its journal Economic Record.
Volume (Year): 82 (2006)
Issue (Month): 257 (06)
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Other versions of this item:
- Hamermesh, Daniel S., 2005. "The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory," IZA Discussion Papers 1580, Institute for the Study of Labor (IZA).
- Daniel S. Hamermesh, 2005. "The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory," NBER Working Papers 11453, National Bureau of Economic Research, Inc.
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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