IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Research and higher education in economics: can we deliver the Lisbon objectives ?

Listed author(s):
  • DREZE, Jacques
  • ESTEVAN, Fernanda

Can European economics become “the most dynamic and competitive in the world”? Using readily accessible data, the paper documents the following aspects: (i) today, the US outperform Europe by a factor of the order of 3, with no clear trend; the Lisbon goal is not in sight; (ii) Europe is not homogeneous; the UK and the small countries in North-central Europe outperform significantly the Big 4 continental countries (France, Germany, Italy, Spain); the Big 4 should accept English as the lingua franca of economics, and implement ma jor institutional reforms; (iii) some 30 leading economics departments ( ten from each of these three areas) account for some 70-75% of Europe’s research output; (iv) the concentration of research in leading departments is substantial but not exclusive; it is comparable in Europe and the US, but leading US departments have incomparably more resources and benefit from access to an integrated labour market; (v) few PhD programs are of effcient size, especially in Europe, calling for further concentration; (vi) second-best funding of higher education calls for block grants to effcient programs; in Europe, these should be organised at EU level. I conclude with a mosdest proposal (15 million euros per year) consisting of block grants to leading departments and to young academic researchers. My optimistic verdict is that substantial progress towards the Lisbon goal is at hand, but requires significant departures from current practices

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2006051.

in new window

Date of creation: 00 May 2006
Handle: RePEc:cor:louvco:2006051
Contact details of provider: Postal:
Voie du Roman Pays 34, 1348 Louvain-la-Neuve (Belgium)

Phone: 32(10)474321
Fax: +32 10474304
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cor:louvco:2006051. 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: (Alain GILLIS)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.