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The efficiency of economics departments reconsidered

Author

Listed:
  • Klaus Wohlrabe

    () (CESifo Group Munich)

  • Elisabeth Friedrich

    () (University of Würzburg)

Abstract

Employing data envelopment analysis and the free disposal hull approach, we evaluate the efficiency of 206 economics departments around the world. We use one input, full-time equivalents, and ten outputs which were both downloaded from RePEc website. By averaging over 1023 efficiency scores, obtained from all possible input-output combinations, we rank the economics departments. Furthermore, we provide some evidence that efficiency is not well correlated with reputation whi

Suggested Citation

  • Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.
  • Handle: RePEc:ebl:ecbull:eb-17-00556
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    File URL: http://www.accessecon.com/Pubs/EB/2017/Volume37/EB-17-V37-I3-P146.pdf
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    References listed on IDEAS

    as
    1. Christian Zimmermann, 2013. "Academic Rankings with RePEc," Econometrics, MDPI, Open Access Journal, vol. 1(3), pages 1-32, December.
    2. Bornmann, Lutz & Stefaner, Moritz & de Moya Anegón, Felix & Mutz, Rüdiger, 2014. "What is the effect of country-specific characteristics on the research performance of scientific institutions? Using multi-level statistical models to rank and map universities and research-focused in," Journal of Informetrics, Elsevier, vol. 8(3), pages 581-593.
    3. repec:ags:stataj:229437 is not listed on IDEAS
    4. Daraio, Cinzia & Bonaccorsi, Andrea & Simar, Léopold, 2015. "Rankings and university performance: A conditional multidimensional approach," European Journal of Operational Research, Elsevier, vol. 244(3), pages 918-930.
    5. Seiler, Christian & Wohlrabe, Klaus, 2012. "Ranking economists on the basis of many indicators: An alternative approach using RePEc data," Journal of Informetrics, Elsevier, vol. 6(3), pages 389-402.
    6. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    7. 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, Wiley Blackwell, vol. 20(1), pages 111-156, February.
    8. Michael E. Conroy & Richard Dusansky, 1995. "The Productivity of Economics Departments in the U.S.: Publications in the Core Journals," Journal of Economic Literature, American Economic Association, vol. 33(4), pages 1966-1971, December.
    9. Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.
    10. Tauchmann, Harald, 2012. "Partial frontier efficiency analysis," Stata Journal, StataCorp LP, vol. 12(3), pages 1-20.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Matthias Gnewuch & Klaus Wohlrabe, 2018. "Super-efficiency of education institutions: an application to economics departments," Education Economics, Taylor & Francis Journals, vol. 26(6), pages 610-623, November.
    2. repec:ces:ifosdt:v:71:y:2018:i:15:p:30-34 is not listed on IDEAS
    3. repec:ebl:ecbull:eb-17-00556 is not listed on IDEAS
    4. Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.

    More about this item

    Keywords

    efficiency; economics departments; data envelopment analysis; free disposal hull; RePEc;

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J4 - Labor and Demographic Economics - - Particular Labor Markets

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