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The efficiency of economics departments reconsidered

Author

Listed:
  • Klaus Wohlrabe

    (CESifo Group Munich)

  • Elisabeth Friedrich

    (University of Würzburg)

Abstract

Employing data envelopment analysis and the free disposal hull approach, we evaluate the efficiency of 206 economics departments around the world. We use one input, full-time equivalents, and ten outputs which were both downloaded from RePEc website. By averaging over 1023 efficiency scores, obtained from all possible input-output combinations, we rank the economics departments. Furthermore, we provide some evidence that efficiency is not well correlated with reputation whi

Suggested Citation

  • Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.
    • Handle: RePEc:ebl:ecbull:eb-17-00556
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    References listed on IDEAS

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    12. Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.
    13. Harald Tauchmann, 2012. "Partial frontier efficiency analysis," Stata Journal, StataCorp LP, vol. 12(3), pages 461-478, September.
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    Cited by:

    1. Joseph Gerald Hirschberg & Jeanette Ngaire Lye, 2020. "Grading Journals In Economics: The Abcs Of The Abdc," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 876-921, September.
    2. Gnewuch, Matthias & Wohlrabe, Klaus, 2018. "Super-efficiency of education institutions: an application to economics departments," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 26, pages 610-623.
    3. Matthias Gnewuch & Klaus Wohlrabe, 2018. "The (Super)Efficiency of Economics Faculties," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(15), pages 30-34, August.
    4. Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.
    5. Heinz Ahn & Marcel Clermont & Julia Langner, 2022. "The impact of selected input and output factors on measuring research efficiency of university research fields: insights from a purpose-, field-, and method-specific perspective," Journal of Business Economics, Springer, vol. 92(8), pages 1303-1335, October.

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    More about this item

    Keywords

    efficiency; economics departments; data envelopment analysis; free disposal hull; RePEc;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J4 - Labor and Demographic Economics - - Particular Labor Markets

    Statistics

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