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Ranking economists on the basis of many indicators: An alternative approach using RePEc data

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  • Seiler, Christian
  • Wohlrabe, Klaus

Abstract

In economics the Research Papers in Economics (RePEc) network has become an essential source for the gathering and the spread of both existing and new economic research. Furthermore, it is currently the largest bibliometric database in economic sciences containing 33 different indicators for more than 30,000 economists. Based on this bibliographic information RePEc calculates well-known rankings for authors and academic institutions. We provide some cautionary remarks concerning the interpretation of some provided bibliometric measures in RePEc. Moreover, we show how individual and aggregated rankings can be biased due to the employed ranking methodology. In order to select key indicators describing and assessing research performance of scientist, we propose to apply principal component analysis in this data-rich environment. This approach allows us to assign weights to each indicator prior to aggregation. We illustrate the approach by providing a new overall ranking of economists based on RePEc data.

Suggested Citation

  • 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.
  • Handle: RePEc:eee:infome:v:6:y:2012:i:3:p:389-402
    DOI: 10.1016/j.joi.2012.01.007
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    More about this item

    Keywords

    RePEc; Ranking aggregation; Principal components analysis; Economics profession;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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