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Trends in Economic Research: An International Perspective

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  • Ana Rute Cardoso
  • Paulo Guimarães
  • Klaus F. Zimmermann

Abstract

Given the recent efforts in several countries to reorganize the research institutional setting to improve research productivity, our analysis addresses the following questions: To which extent has the recent awareness over international quality standards in economics around the world been reflected in research performance? How have individual countries fared? Do research quantity and quality indicators tell us the same story? We concentrate on trends taking place since the beginning of the 1990s and rely on a very comprehensive database of scientific journals, to provide a cross-country comparison of the evolution of research in economics. Our findings indicate that Europe is catching-up with the US but, in terms of influential research, the US maintains a dominant position. The main continental European countries, Germany, France, Italy and Spain, experienced some of the largest growth rates in economic scientific output. Other European countries, namely the UK, Norway, the Netherlands, Denmark, and Sweden, have shown remarkable progress in per capita output. Collaborative research seems to be a key factor explaining the relative success of some European countries, in particular when it comes to publishing in top journals, attained predominantly through international collaborations.

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Bibliographic Info

Paper provided by Barcelona Graduate School of Economics in its series Working Papers with number 463.

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Date of creation: May 2010
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Handle: RePEc:bge:wpaper:463

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Keywords: Research performance; publications; rankings; Europe; North-America; US;

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References

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  1. DREZE, Jacques & ESTEVAN, Fernanda, 2006. "Research and higher education in economics: can we deliver the Lisbon objectives ?," CORE Discussion Papers 2006051, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Yolanda K. Kodrzycki & Pingkang Yu, 2006. "New Approaches to Ranking Economics Journals," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 0(1), pages 24.
  3. Glänzel, Wolfgang & Debackere, Koenraad & Meyer, Martin, 2008. "'Triad' or 'tetrad'? On global changes in a dynamic world," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/197559, Katholieke Universiteit Leuven.
  4. Kirman, Alan & Dahl, Mogens, 1994. "Economic research in Europe," European Economic Review, Elsevier, vol. 38(3-4), pages 505-522, April.
  5. Kalaitzidakis, P. & Mamuneas, T.P. & Stengos, T., 2003. "Rankings of Academic Journals and Institutions," Working Papers 2003-8, University of Guelph, Department of Economics.
  6. Dave Colander, 2008. "The Making of a Global European Economist," Middlebury College Working Paper Series 0809, Middlebury College, Department of Economics.
  7. Christopher Barrett & Aliakbar Olia & Dee Von Bailey, 2000. "Subdiscipline-specific journal rankings: whither Applied Economics?," Applied Economics, Taylor and Francis Journals, vol. 32(2), pages 239-252.
  8. Laband, David N, 1986. "Article Popularity," Economic Inquiry, Western Economic Association International, vol. 24(1), pages 173-80, January.
  9. 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, vol. 1(6), pages 1250-1308, December.
  10. Laband, David N & Piette, Michael J, 1994. "The Relative Impacts of Economics Journals: 1970-1990," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 640-66, June.
  11. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1346-1366, December.
  12. E. Han Kim & Adair Morse & Luigi Zingales, 2006. "What Has Mattered to Economics Since 1970," NBER Working Papers 12526, National Bureau of Economic Research, Inc.
  13. Bruno S. Frey & Reiner Eichenberger, 1993. "American and European Economics and Economists," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 185-193, Fall.
  14. Kostas Axarloglou & Vasilis Theoharakis, 2003. "Diversity in Economics: An Analysis of Journal Quality Perceptions," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1402-1423, December.
  15. Tom Coupé, 2003. "Revealed Performances: Worldwide Rankings of Economists and Economics Departments, 1990-2000," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1309-1345, December.
  16. Yolanda K. Kodrzycki & Pingkang David Yu, 2005. "New approaches to ranking economics journals," Working Papers 05-12, Federal Reserve Bank of Boston.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Trends in economic research
    by Richard Tol in The Irish Economy on 2010-08-30 19:43:27
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Cited by:
  1. Winkler, A.E. & Levin, Sh. & Stephan, P. & Glänzel, Wolfgang, 2007. "Publishing trends in economics across colleges and universities," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/327130, Katholieke Universiteit Leuven.
  2. Berliant, Marcus & Fujita, Masahisa, 2011. "Culture and diversity in knowledge creation," MPRA Paper 27997, University Library of Munich, Germany.
  3. Klaus F. Zimmermann, 2011. "Evidenzbasierte Politikberatung," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 80(1), pages 23-33.
  4. Libman, A., 2010. "Economics in Germany – from National to Global," Journal of the New Economic Association, New Economic Association, issue 8, pages 155-158.

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