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The Excellence in Research for Australia Scheme: An Evaluation of the Draft Journal Weights for Economics

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Author Info
David L. Anderson () (Queen's University)
John Tressler () (University of Waikato)

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Abstract

In February 2008, the Australian Government announced its intention to develop a new quality and evaluation system for research conducted at the nation’s universities. Although the Excellence in Research for Australia (ERA) scheme will utilize several measures to evaluate institutional performance, we have chosen to focus on one element only: the assessment of refereed journal article output based on ERA’s own journal weighting scheme. The ERA weighting scheme will undoubtedly shape the reward structure facing university administrators and individual academics. Our objective is to explore the nature of the ERA weighting scheme for economics, and to demonstrate how it impacts on departmental and individual researcher rankings relative to rankings generated by alternative schemes employed in the economics literature. In order to do so, we utilise data from New Zealand’s economics departments and the draft set of journal weights (DERA) released in August 2008 by ERA officials. Given the similarities between Australia and New Zealand, our findings should have relevance to the Australian scene. As a result, we hope to provide the reader with a better understanding of the type of research activity that influences DERA rankings at both the departmental and individual level.

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File URL: ftp://mngt.waikato.ac.nz/RePEc/wai/econwp/0907.pdf
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Publisher Info
Paper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 09/07.

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Length: 16 pages
Date of creation: 31 Jul 2009
Date of revision:
Handle: RePEc:wai:econwp:09/07

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Related research
Keywords: economics departments; university rankings; research output; ERA;

Other versions of this item:

Find related papers by JEL classification:
A19 - General Economics and Teaching - - General Economics - - - Other
C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Microeconomic Data
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Towe, Jack B & Wright, Donald J, 1995. "Research Published by Australian Economics and Econometrics Departments: 1988-93," The Economic Record, The Economic Society of Australia, vol. 71(212), pages 8-17, March.
  2. Jin, Jang C. & Hong, Jin-Heon, 2008. "East Asian rankings of economics departments," Journal of Asian Economics, Elsevier, vol. 19(1), pages 74-82, February. [Downloadable!] (restricted)
  3. Dipendra Sinha & Joseph Macri, 2004. "Rankings of Economists in Teaching Economics Departments in Australia, 1988-2000," Economics Bulletin, Economics Bulletin, vol. 1(4), pages 1-19. [Downloadable!]
  4. Frank Neri & Joan R. Rodgers, 2006. "Ranking Australian Economics Departments by Research Productivity," The Economic Record, The Economic Society of Australia, vol. 82(s1), pages S74-S84, 09. [Downloadable!] (restricted)
  5. Christian Zimmermann, 2007. "Academic Rankings with RePEc," Working papers 2007-36, University of Connecticut, Department of Economics, revised Mar 2009. [Downloadable!]
  6. David L. Anderson & John Tressler, 2008. "Research Output in New Zealand Economics Department 2000-2006," Working Papers in Economics 08/05, University of Waikato, Department of Economics. [Downloadable!]
  7. Sinha, Dipendra & Macri, Joseph, 2007. "How Much Influence Do Economics Professors Have on Rankings? The Case of Australia and New Zealand," MPRA Paper 2885, University Library of Munich, Germany. [Downloadable!]
  8. Joseph Macri & Dipendra Sinha, 2006. "Rankings Methodology for International Comparisons of Institutions and Individuals: an Application to Economics in Australia and New Zealand," Journal of Economic Surveys, Blackwell Publishing, vol. 20(1), pages 111-156, 02. [Downloadable!] (restricted)
  9. 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. [Downloadable!] (restricted)
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  10. Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March. [Downloadable!] (restricted)
  11. Kalaitzidakis, Pantelis & Mamuneas, Theofanis P. & Stengos, Thanasis, 1999. "European economics: An analysis based on publications in the core journals," European Economic Review, Elsevier, vol. 43(4-6), pages 1150-1168, April. [Downloadable!] (restricted)
  12. repec:bep:eapcon:v:5:y:2006:i:1:p:1520-1520 is not listed on IDEAS
  13. Richard Pomfret & Liang Choon Wang, 2003. "Evaluating The Research Output Of Australian Universities' Economics Departments," Australian Economic Papers, Blackwell Publishing, vol. 42(4), pages 418-441, December. [Downloadable!] (restricted)
  14. Gaines Liner & Minesh Amin, 2004. "Methods of ranking economics journals," Atlantic Economic Journal, International Atlantic Economic Society, vol. 32(2), pages 140-149, June. [Downloadable!] (restricted)
  15. Abbott, M. & Doucouliagos, C., 2003. "The efficiency of Australian universities: a data envelopment analysis," Economics of Education Review, Elsevier, vol. 22(1), pages 89-97, February. [Downloadable!] (restricted)
  16. Sinha, Dipendra & Macri, Joseph & McAleer, Michael, 2007. "On the Robustness of Alternative Rankings Methodologies: Australian and New Zealand Economics Departments, 1988-2002," MPRA Paper 2881, University Library of Munich, Germany. [Downloadable!]
  17. Joan R. Rodgers & Frank Neri, 2007. "Research Productivity Of Australian Academic Economists: Human-Capital And Fixed Effects ," Australian Economic Papers, Blackwell Publishing, vol. 46(1), pages 67-87, 03. [Downloadable!] (restricted)
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