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Ranking Economics Departments Worldwide on the Basis of PhD Placement

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  • Rabah Amir

    (Department of Economics, University of Arizona)

  • Malgorzata Knauff

    (Warsaw School of Economics)

Abstract

Four rankings of economics departments worldwide in terms of graduate education are constructed. The central methodological idea is that the value of a department is the sum of the values of its PhD graduates, as reflected in the values of their current employing departments. Scores are derived as solutions to linear simultaneous equations in the values. The sample includes the top 58 departments, the composition of which is determined endogenously, invoking a criterion requiring more than three placements in the sample. Illuminating the current state and trends of economics PhD education, the conclusions should be of broad interest to PhD candidates, academics, and policymakers. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.

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Bibliographic Info

Article provided by MIT Press in its journal The Review of Economics and Statistics.

Volume (Year): 90 (2008)
Issue (Month): 1 (08)
Pages: 185-190

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Handle: RePEc:tpr:restat:v:90:y:2008:i:1:p:185-190

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References

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  1. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, MIT Press, vol. 1(6), pages 1346-1366, December.
  2. BAUWENS, Luc & KIRMAN, Alan & LUBRANO, Michel & PROTOPOPESCU, Camelia, 2003. "Ranking economics departments in Europe: a statistical approach," CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) 2003050, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. Glenn Ellison, 2000. "Evolving Standards for Academic Publishing: A q-r Theory," NBER Working Papers 7805, National Bureau of Economic Research, Inc.
  4. Ignacio Palacios-Huerta & Oscar Volij, 2002. "The Measurement of Intellectual Influence," Economic theory and game theory, Oscar Volij 015, Oscar Volij.
  5. Glenn Ellison, 2002. "The Slowdown of the Economics Publishing Process," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 110(5), pages 947-993, October.
  6. Pierre-Philippe Combes & Laurent Linnemer, 2003. "Where are the Economists Who Publish? Publication Concentration and Rankings in Europe Based on Cumulative Publications," Journal of the European Economic Association, MIT Press, MIT Press, vol. 1(6), pages 1250-1308, December.
  7. Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 22(1), pages 77-88, March.
  8. AMIR, Rabah, 2002. "Impact-adjusted citations as a measure of journal quality," CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) 2002074, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Does faculty quality matter for PhDs?
    by Economic Logician in Economic Logic on 2010-08-06 14:23:00
  2. MaÅ?gorzata Knauff
    by Metablog Obserwatora Finansowego in Obserwator Finansowy on 2009-12-10 11:59:58
  3. MaÅ?gorzata Knauff
    by Metablog Obserwatora Finansowego in Obserwator Finansowy on 2009-12-10 11:59:58

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography for Economics:
  1. > Economics Profession > Ranking in Economics > Ranking Journals
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Cited by:
  1. Cardoso, Ana Rute & Guimaraes, Paulo & Zimmermann, Klaus F., 2008. "Comparing the Early Research Performance of PhD Graduates in Labor Economics in Europe and the USA," IZA Discussion Papers 3898, Institute for the Study of Labor (IZA).
  2. Lex Borghans & Frank Cörvers, 2009. "The Americanization of European Higher Education and Research," NBER Working Papers 15217, National Bureau of Economic Research, Inc.
  3. Sina Önder, Ali & Terviö, Marko, 2013. "Is Economics a House Divided? Analysis of Citation Networks," Working Paper Series, Center for Fiscal Studies, Uppsala University, Department of Economics 2013:3, Uppsala University, Department of Economics.
  4. David W. Johnston & Marco Piatti & Benno Torgler, 2012. "Citation Success Over Time: Theory or Empirics?," Working Papers, Fondazione Eni Enrico Mattei 2012.55, Fondazione Eni Enrico Mattei.
  5. Franklin G. Mixon & Kamal P. Updahyaya, 2011. "From London to the Continent: Ranking European Economics Departments on the Basis of Prestigious Medals and Awards," Ekonomia, Cyprus Economic Society and University of Cyprus, Cyprus Economic Society and University of Cyprus, vol. 14(2), pages 119-126, Winter.
  6. Benno Torgler & Marco Piatti, 2011. "A Century of American Economic Review," School of Economics and Finance Discussion Papers and Working Papers Series, School of Economics and Finance, Queensland University of Technology 266, School of Economics and Finance, Queensland University of Technology.
  7. Winkler, Anne E. & Levin, Sharon & Stephan, Paula & Glänzel, Wolfgang, 2011. "Publishing Trends in Economics across Colleges and Universities, 1991-2007," IZA Discussion Papers 6082, Institute for the Study of Labor (IZA).
  8. John Gibson & David L. Anderson & John Tressler, 2014. "Which Journal Rankings Best Explain Academic Salaries? Evidence From The University Of California," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 52(4), pages 1322-1340, October.
  9. Sina Önder, Ali & Terviö, Marko, 2013. "Is Economics a House Divided? Analysis of Citation Networks," Working Paper Series, Uppsala University, Department of Economics 2013:5, Uppsala University, Department of Economics.

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