Do Research Assessment Exercises Raise the Returns to Publication Quality? Evidence from the New Zealand Market for Academic Economists
AbstractMany countries have introduced research assessment exercises to help measure and raise the quality of research in their university sector. But there is little empirical evidence on how these exercises, such as the Quality Evaluation of the Performance Based Research Fund (PBRF) in New Zealand and the recently aborted Research Quality Framework (RQF) in Australia, affect the signals that researchers observe in the academic labour market. Since these assessments aim to raise research quality, individual academics should perceive rising returns to publication quality at the expense of the returns to quantity. Data we collected on the rank and publication records of New Zealand academic economists prior to the introduction of the PBRF and just after the second assessment round are used to estimate the changing returns to the quantity and quality of journal articles.
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Bibliographic InfoPaper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 08/11.
Length: 22 pages
Date of creation: 12 Aug 2008
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research assessment; PBRF; academic labor market; research quality;
Find related papers by JEL classification:
- I2 - Health, Education, and Welfare - - Education
- J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-08-21 (All new papers)
- NEP-EDU-2008-08-21 (Education)
- NEP-LAB-2008-08-21 (Labour Economics)
- NEP-SOG-2008-08-21 (Sociology of Economics)
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- David L. Anderson & John Tressler, 2011.
"Ranking Economics Departments In Terms Of Residual Productivity: New Zealand Economics Departments, 2000–2006,"
Australian Economic Papers,
Wiley Blackwell, vol. 50(4), pages 157-168, December.
- David L. Anderson & John Tressler, 2009. "Ranking Economics Departments in Terms of Residual Productivity: New Zealand Economics Departments, 2000-2006," Working Papers in Economics 09/03, University of Waikato, Department of Economics, revised 05 Sep 2011.
- David L. Anderson & John Tressler, 2013. "The New Zealand Performance Based Research Fund and its Impact on Publication Activity in Economics," Working Papers in Economics 13/03, University of Waikato, Department of Economics.
- David L. Anderson & John Tresler, 2008. "An Analysis of New Zealand Economists' Research Output 2000-2006," Working Papers in Economics 08/20, University of Waikato, Department of Economics, revised 31 Dec 2008.
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