IDEAS home Printed from https://ideas.repec.org/a/spr/scient/v106y2016i3d10.1007_s11192-016-1835-3.html
   My bibliography  Save this article

Human capital, collegiality, and stardom in economics: empirical analysis

Author

Listed:
  • João R. Faria

    (University of Texas – El Paso)

  • Franklin G. Mixon

    () (Columbus State University)

  • Kamal P. Upadhyaya

    (University of New Haven)

Abstract

Abstract This study investigates the importance of collegiality (i.e., good colleagues) and the quality of human capital investment in fostering the development and growth of stars in the field of economics, where stardom is measured by way of receipt of the John Bates Clark Medal, arguably the second-most prestigious award in economics. We provide a vignette as a foundation for both qualitative and quantitative analysis using Egghe’s g-Index. Our results indicate that three institutions, namely Chicago, Harvard and MIT, with secondary consideration to Princeton, generally rank highest in fostering the growth and development of stars in the field of economics.

Suggested Citation

  • João R. Faria & Franklin G. Mixon & Kamal P. Upadhyaya, 2016. "Human capital, collegiality, and stardom in economics: empirical analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(3), pages 917-943, March.
  • Handle: RePEc:spr:scient:v:106:y:2016:i:3:d:10.1007_s11192-016-1835-3
    DOI: 10.1007/s11192-016-1835-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11192-016-1835-3
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Franklin Mixon & M. Gibson, 2001. "The Retention of State Level Concealed Handgun Laws: Empirical Evidence from Interest Group and Legislative Models," Public Choice, Springer, vol. 107(1), pages 1-20, April.
    2. Michael J. Hilmer & Christiana E. Hilmer, 2009. "Fishes, Ponds, And Productivity: Student‐Advisor Matching And Early Career Publishing Success For Economics Phds," Economic Inquiry, Western Economic Association International, vol. 47(2), pages 290-303, April.
    3. David N. Laband & Robert D. Tollison, 2000. "Intellectual Collaboration," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 632-661, June.
    4. Davidson, Russell & MacKinnon, James G, 1981. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Econometrica, Econometric Society, vol. 49(3), pages 781-793, May.
    5. MacKinnon, James G. & White, Halbert & Davidson, Russell, 1983. "Tests for model specification in the presence of alternative hypotheses : Some further results," Journal of Econometrics, Elsevier, vol. 21(1), pages 53-70, January.
    6. Faria, João Ricardo & Mixon, Franklin G. & Salter, Sean P., 2012. "An economic model of workplace mobbing in academe," Economics of Education Review, Elsevier, vol. 31(5), pages 720-726.
    7. Rabah Amir & Malgorzata Knauff, 2008. "Ranking Economics Departments Worldwide on the Basis of PhD Placement," The Review of Economics and Statistics, MIT Press, vol. 90(1), pages 185-190, August.
    8. Timothy D. Hoga, 1981. "Faculty Research Activity and the Quality of Graduate Training," Journal of Human Resources, University of Wisconsin Press, vol. 16(3), pages 400-415.
    9. Kalaitzidakis, P. & Mamuneas, T.P. & Stengos, T., 2003. "Rankings of Academic Journals and Institutions," Working Papers 2003-8, University of Guelph, Department of Economics and Finance.
    10. Mixon, Franklin G, Jr & Gibson, M Troy, 2001. "The Retention of State Level Concealed Handgun Laws: Empirical Evidence from Interest Group and Legislative Models," Public Choice, Springer, vol. 107(1-2), pages 1-20, April.
    11. Bruno S. Frey & Susanne Neckermann, 2008. "Awards in Economics - Towards a New Field of Inquiry," CREMA Working Paper Series 2008-33, Center for Research in Economics, Management and the Arts (CREMA).
    12. Ho Fai Chan & Benno Torgler, 2013. "The Implications of Educational and Methodological Background for The Career Success of Nobel Laureates: Looking at Major Awards," CREMA Working Paper Series 2013-13, Center for Research in Economics, Management and the Arts (CREMA).
    13. Scott, Loren C & Mitias, Peter M, 1996. "Trends in Rankings of Economics Departments in the U.S.: An Update," Economic Inquiry, Western Economic Association International, vol. 34(2), pages 378-400, April.
    14. Borooah, Vani K, 1994. "Modelling Institutional Behaviour: A Microeconomic Analysis of University Management," Public Choice, Springer, vol. 81(1-2), pages 101-124, October.
    15. Graves, Philip E & Marchand, James R & Thompson, Randal, 1982. "Economics Departmental Rankings: Research Incentives, Constraints, and Efficiency," American Economic Review, American Economic Association, vol. 72(5), pages 1131-1141, December.
    16. Faria, Joao Ricardo, 2002. "Scientific, business and political networks in academia," Research in Economics, Elsevier, vol. 56(2), pages 187-198, June.
    17. Franklin G. Mixon Jr & W. Charles Sawyer, 2005. "Contribution, attribution and the assignment of intellectual property rights in economics," Journal of Economic Studies, Emerald Group Publishing, vol. 32(5), pages 382-386, October.
    18. 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.
    19. Franklin G. Mixon & Kamal P. Updahyaya, 2011. "From London to the Continent: Ranking European Economics Departments on the Basis of Prestigious Medals and Awards," Ekonomia, Cyprus Economic Society and University of Cyprus, vol. 14(2), pages 119-126, Winter.
    20. Kandel, Eugene & Lazear, Edward P, 1992. "Peer Pressure and Partnerships," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 801-817, August.
    21. Richard Dusansky & Clayton J. Vernon, 1998. "Rankings of U.S. Economics Departments," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 157-170, Winter.
    22. Ballou, Dale, 2001. "Pay for performance in public and private schools," Economics of Education Review, Elsevier, vol. 20(1), pages 51-61, February.
    23. Alexander Oettl, 2012. "Reconceptualizing Stars: Scientist Helpfulness and Peer Performance," Management Science, INFORMS, vol. 58(6), pages 1122-1140, June.
    24. Chan, Ho Fai & Frey, Bruno S. & Gallus, Jana & Torgler, Benno, 2014. "Academic honors and performance," Labour Economics, Elsevier, vol. 31(C), pages 188-204.
    25. Laband, David N. & Tollison, Robert D., 2003. "Good colleagues," Journal of Economic Behavior & Organization, Elsevier, vol. 52(4), pages 505-512, December.
    26. Milton Friedman, 1935. "Professor Pigou's Method for Measuring Elasticities of Demand from Budgetary Data," The Quarterly Journal of Economics, Oxford University Press, vol. 50(1), pages 151-163.
    27. Laband, David N. & Piette, Michael J., 1995. "Team production in economics: division of labor or mentoring?," Labour Economics, Elsevier, vol. 2(1), pages 33-40, March.
    28. Faria, Joao Ricardo, 1998. "The Economics of Witchcraft and the Big Eye Effect," Kyklos, Wiley Blackwell, vol. 51(4), pages 537-546.
    29. Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002. "Quality Control in Economics," Kyklos, Wiley Blackwell, vol. 55(3), pages 315-334.
    30. James G. MacKinnon, 1983. "Model Specification Tests Against Non-Nested Alternatives," Working Paper 573, Economics Department, Queen's University.
    31. Berg, Nathan & Faria, Joao, 2008. "Negatively correlated author seniority and the number of acknowledged people: Name-recognition as a signal of scientific merit?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1234-1247, June.
    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.
    as


    Cited by:

    1. repec:spr:scient:v:114:y:2018:i:3:d:10.1007_s11192-017-2614-5 is not listed on IDEAS
    2. repec:spr:scient:v:112:y:2017:i:3:d:10.1007_s11192-017-2429-4 is not listed on IDEAS
    3. repec:spr:scient:v:113:y:2017:i:2:d:10.1007_s11192-017-2509-5 is not listed on IDEAS
    4. repec:spr:scient:v:118:y:2019:i:2:d:10.1007_s11192-018-2975-4 is not listed on IDEAS
    5. Konstantinos Chatzimichael & Pantelis Kalaitzidakis & Vangelis Tzouvelekas, 2017. "Measuring the publishing productivity of economics departments in Europe," Scientometrics, Springer;Akadémiai Kiadó, vol. 113(2), pages 889-908, November.
    6. repec:pal:easeco:v:44:y:2018:i:4:d:10.1057_s41302-018-0111-z is not listed on IDEAS

    More about this item

    Keywords

    Stardom in economics; Human capital formation; Collegiality; Scientometrics; John Bates Clark Medal;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:scient:v:106:y:2016:i:3:d:10.1007_s11192-016-1835-3. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Mallaigh Nolan). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.