On the Evaluation of Economic Research: the Case of Italy
AbstractThe Italian case can be considered as an internationally relevant example to suggest a critical reflection on the evaluation criteria adopted in research assessment exercises, pointing at the need of clear and shared guidelines based on transparency and accountability and aiming at preserving (or even encouraging) the pluralism of ideas. Our findings support the view that if research institutions are encouraged to engage only in those lines of research that are likely to receive the highest rating according to the adopted evaluation criteria, a convergence process is to be expected within Economics, resulting in a disregard of heterodox schools and historical methods in favour of mainstream approaches and quantitative methods. In our view, a proper fine-tuning of the assessment methodology is needed, before subsequent rankings can be used as a guide for the allocation of public financing among research institutions. In the case of Economics, this means overcoming the limits of commonly adopted peer review approaches, through the development of proper evaluation designs and the integration of qualitative appraisals with quantitative indicators. In order to preserve pluralism and originality of research, we propose a simple quantitative index based on field-normalization.
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Bibliographic InfoPaper provided by ULB -- Universite Libre de Bruxelles in its series DULBEA Working Papers with number 11-04.
Length: 37 p.
Date of creation: 10 Mar 2011
Date of revision:
Publication status: Published by:
research evaluation; contemporary research in economics; Italy;
Other versions of this item:
- Corsi Marcella & D'Ippoliti Carlo & Lucidi Federico, 2011. "On the Evaluation of Economic Research: The Case of Italy," Economia politica, Società editrice il Mulino, issue 3, pages 369-402.
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
- B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
- B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
- B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-22 (All new papers)
- NEP-HIS-2011-09-22 (Business, Economic & Financial History)
- NEP-HME-2011-09-22 (Heterodox Microeconomics)
- NEP-SOG-2011-09-22 (Sociology of Economics)
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