Do Rankings Reflect Research Quality?
Publication and citation rankings have become major indicators of the scientific worth of universities and countries, and determine to a large extent the career of individual scholars. We argue that such rankings do not effectively measure research quality, which should be the essence of evaluation. For that reason, an alternative ranking is developed as a quality indicator, based on membership on academic editorial boards of professional journals. It turns out that especially the ranking of individual scholars is far from objective. The results differ markedly, depending on whether research quantity or research quality is considered. Even quantity rankings are not objective; two citation rankings, based on different samples, produce entirely different results. It follows that any career decisions based on rankings are dominated by chance and do not reflect research quality. Instead of propagating a ranking based on board membership as the gold standard, we suggest that committees make use of this quality indicator to find members who, in turn, evaluate the research quality of individual scholars.
|Date of creation:||2008|
|Contact details of provider:|| Postal: Poschingerstrasse 5, 81679 Munich|
Phone: +49 (89) 9224-0
Fax: +49 (89) 985369
Web page: http://www.cesifo-group.de
More information through EDIRC
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.:
- Johnes, Geraint, 1988. "Determinants of research output in economics departments in British universities," Research Policy, Elsevier, vol. 17(3), pages 171-178, June.
- Cherchye, L. & Abeele, P. Vanden, 2005.
"On research efficiency: A micro-analysis of Dutch university research in Economics and Business Management,"
Elsevier, vol. 34(4), pages 495-516, May.
- Laurens Cherchye & Piet Vanden Abeele, 2002. "On Research Efficiency: A Micro-Analysis of Dutch University Research in Economics and Business Management," Public Economics Working Paper Series ces0206, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics.
- Moed, H. F. & Burger, W. J. M. & Frankfort, J. G. & Van Raan, A. F. J., 1985. "The use of bibliometric data for the measurement of university research performance," Research Policy, Elsevier, vol. 14(3), pages 131-149, June.
- Nederhof, A. J. & van Raan, A. F. J., 1993. "A bibliometric analysis of six economics research groups: A comparison with peer review," Research Policy, Elsevier, vol. 22(4), pages 353-368, August.
- Frederic S. Lee, 2007. "The Research Assessment Exercise, the state and the dominance of mainstream economics in British universities," Cambridge Journal of Economics, Oxford University Press, vol. 31(2), pages 309-325, March.
- Laband, David N & Piette, Michael J, 1994. "The Relative Impacts of Economics Journals: 1970-1990," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 640-666, June.
- Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
- Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 2010. "A theory of Fads, Fashion, Custom and cultural change as informational Cascades," Levine's Working Paper Archive 1193, David K. Levine.
- 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.
- Abhijit V. Banerjee, 1992. "A Simple Model of Herd Behavior," The Quarterly Journal of Economics, Oxford University Press, vol. 107(3), pages 797-817.
- Kaufman, George G, 1984. " Rankings of Finance Departments by Faculty Representation on Editorial Boards of Professional Journals: A Note," Journal of Finance, American Finance Association, vol. 39(4), pages 1189-1197, September.
- Chamley, Christophe & Gale, Douglas, 1994. "Information Revelation and Strategic Delay in a Model of Investment," Econometrica, Econometric Society, vol. 62(5), pages 1065-1085, September.
- Gale, D. & Chamley, C., 1992. "Information Revelation and Strategic Delay in a Model of Investment," Papers 10, Boston University - Department of Economics.
- Guan, Jiancheng & Ma, Nan, 2007. "China's emerging presence in nanoscience and nanotechnology: A comparative bibliometric study of several nanoscience `giants'," Research Policy, Elsevier, vol. 36(6), pages 880-886, July.
- Groot, Tom & Garcia-Valderrama, Teresa, 2006. "Research quality and efficiency: An analysis of assessments and management issues in Dutch economics and business research programs," Research Policy, Elsevier, vol. 35(9), pages 1362-1376, November.
- Tijssen, Robert J. W. & van Wijk, Erik, 1999. "In search of the European Paradox: an international comparison of Europe's scientific performance and knowledge flows in information and communication technologies research," Research Policy, Elsevier, vol. 28(5), pages 519-543, June.
- Hodgson, Geoffrey M & Rothman, Harry, 1999. "The Editors and Authors of Economics Journals: A Case of Institutional Oligopoly?," Economic Journal, Royal Economic Society, vol. 109(453), pages 165-186, February.
- Rinia, E. J. & van Leeuwen, Th. N. & van Vuren, H. G. & van Raan, A. F. J., 1998. "Comparative analysis of a set of bibliometric indicators and central peer review criteria: Evaluation of condensed matter physics in the Netherlands," Research Policy, Elsevier, vol. 27(1), pages 95-107, May.
- Rigby, J. & Edler, J., 2005. "Peering inside research networks: Some observations on the effect of the intensity of collaboration on the variability of research quality," Research Policy, Elsevier, vol. 34(6), pages 784-794, August.
- Stigler, George J & Stigler, Stephen M & Friedland, Claire, 1995. "The Journals of Economics," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 331-359, April.
- Alberto Baccini & Lucio Barabesi, 2008. "Interlocking Editorship. A Network Analysis of the Links Between Economic Journals," Department of Economics University of Siena 532, Department of Economics, University of Siena.
- Arthur M. Diamond Jr., 1986. "What is a Citation Worth?," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 200-215. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_2443. 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: (Klaus Wohlrabe)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 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.