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Fifteen Years of a PBRFS in New Zealand: Incentives and Outcomes

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  • Robert A. Buckle
  • John Creedy
  • Ashley Ball

Abstract

This article examines the transformation of New Zealand universities following the introduction in 2003 of a performance‐based research fund system. The analysis, based on a social accounting framework, utilises longitudinal researcher data available from three full assessment rounds, in 2003, 2012 and 2018. This enables identification of the entry, exit and quality transformation of researchers and their contribution to changes in university and discipline research quality. Changes in the discipline composition of universities made a negligible contribution compared to improvements in the quality of researchers. The dynamics are closely related to the new incentives created by the system.

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  • Robert A. Buckle & John Creedy & Ashley Ball, 2021. "Fifteen Years of a PBRFS in New Zealand: Incentives and Outcomes," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(2), pages 208-230, June.
  • Handle: RePEc:bla:ausecr:v:54:y:2021:i:2:p:208-230
    DOI: 10.1111/1467-8462.12415
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    1. Robert A. Buckle & John Creedy & Norman Gemmell, 2020. "Is external research assessment associated with convergence or divergence of research quality across universities and disciplines? Evidence from the PBRF process in New Zealand," Applied Economics, Taylor & Francis Journals, vol. 52(36), pages 3919-3932, July.
    2. A. Abigail Payne & Joanne Roberts, 2010. "Government Oversight of Public Universities: Are Centralized Performance Schemes Related to Increased Quantity or Quality?," The Review of Economics and Statistics, MIT Press, vol. 92(1), pages 207-212, February.
    3. Peter Woelert & Lachlan McKenzie, 2018. "Follow the money? How Australian universities replicate national performance-based funding mechanisms," Research Evaluation, Oxford University Press, vol. 27(3), pages 184-195.
    4. repec:clg:wpaper:2009-04 is not listed on IDEAS
    5. Robert A. Buckle & John Creedy, 2020. "The ‘disciplinary effect’ of the performance-based research fund process in New Zealand," New Zealand Economic Papers, Taylor & Francis Journals, vol. 54(2), pages 107-126, May.
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    7. Robert A. Buckle & John Creedy, 2019. "The evolution of research quality in New Zealand universities as measured by the performance-based research fund process," New Zealand Economic Papers, Taylor & Francis Journals, vol. 53(2), pages 144-165, May.
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    13. Robert A. Buckle & John Creedy, 2019. "An evaluation of metrics used by the Performance-based Research Fund process in New Zealand," New Zealand Economic Papers, Taylor & Francis Journals, vol. 53(3), pages 270-287, September.
    14. Dag W. Aksnes & Liv Langfeldt & Paul Wouters, 2019. "Citations, Citation Indicators, and Research Quality: An Overview of Basic Concepts and Theories," SAGE Open, , vol. 9(1), pages 21582440198, February.
    15. Dag W Aksnes & Randi Elisabeth Taxt, 2004. "Peer reviews and bibliometric indicators: a comparative study at a Norwegian university," Research Evaluation, Oxford University Press, vol. 13(1), pages 33-41, April.
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    1. Robert A. Buckle & John Creedy & Norman Gemmell, 2022. "Sources of convergence and divergence in university research quality: evidence from the performance-based research funding system in New Zealand," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(6), pages 3021-3047, June.
    2. Robert A. Buckle & John Creedy, 2022. "Methods to evaluate institutional responses to performance‐based research funding systems," Australian Economic Papers, Wiley Blackwell, vol. 61(3), pages 615-634, September.
    3. Buckle, Robert A & Creedy, John, 2022. "The Performance Based Research Fund in NZ: Taking Stock and Looking Forward," Working Paper Series 21354, Victoria University of Wellington, Chair in Public Finance.
    4. Robert A. Buckle & John Creedy & Norman Gemmell, 2022. "Sources of convergence and divergence in university research quality: evidence from the performance-based research funding system in New Zealand," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(6), pages 3021-3047, June.

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