Incentives and the Effects of Publication Lags on Life Cycle Research Productivity in Economics
AbstractWe investigate how increases in publication delays have affected the life-cycle of publications of recent Ph.D. graduates in economics. We construct a panel dataset of 14,271 individuals who were awarded Ph.D.s between 1986 and 2000 in US and Canadian economics departments. For this population of scholars, we amass complete records of publications in peer reviewed journals listed in the JEL (a total of 368,672 observations). We find evidence of significantly diminished productivity in recent relative to earlier cohorts when productivity of an individual is measured by the number of AER equivalent publications. Diminished productivity is less evident when number of AER equivalent pages is used instead. Our findings are consistent with earlier empirical findings of increasing editorial delays, decreasing acceptance rates at journals, and a trend toward longer manuscripts. This decline in productivity is evident in both graduates of top thirty and non-top thirty ranked economics departments and may have important implications for what should constitute a tenurable record. We also find that the research rankings of the faculty do not line up with the research quality of their students in many cases.
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Bibliographic InfoPaper provided by Vanderbilt University Department of Economics in its series Vanderbilt University Department of Economics Working Papers with number 1122.
Date of creation: Nov 2011
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Web page: http://www.vanderbilt.edu/econ/wparchive/index.html
Academia; Economists; Research Productivity; Performance Evaluation; Tenure Process; Graduate Programs; Department Rankings;
Other versions of this item:
- John P. Conley & Mario J. Crucini & Robert A. Driskill & Ali Sina Onder, 2011. "Incentives and the Effects of Publication Lags on Life Cycle Research Productivity in Economics," NBER Working Papers 17043, National Bureau of Economic Research, Inc.
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
- A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J29 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Other
- J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-01 (All new papers)
- NEP-EFF-2012-02-01 (Efficiency & Productivity)
- NEP-HRM-2012-02-01 (Human Capital & Human Resource Management)
- NEP-SOG-2012-02-01 (Sociology of Economics)
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- John P. Conley & Ali Sina Onder & Benno Torgler, 2013. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," QuBE Working Papers 006, QUT Business School.
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