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The resistible decline of European science

  • BAUWENS, Luc

    (Université catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))

  • MION, Giordano

    (Université catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))

  • THISSE, Jacques-François

    (Université catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))

Using a data set of highly cited researchers in all fields of science, we show that the gapin scientific performance between Europe, especially continental Europe, and the USAis large. We model the number of highly cited researchers in a sample of countries as afunction of physical and human capital and a country-specific, factor-augmentingHicks-neutral productivity term. We find that differences in productivity betweenAnglo-Saxon countries and other countries are not solely due to differences in the levelsof inputs. Not surprisingly, our results reveal the importance of English proficiency.However, they also show that the governance and design of research institutions thatcharacterize Anglo-Saxon countries, as well as a few other countries that have similarinstitutions, is another critical factor for research output.

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Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2007092.

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Date of creation: 01 Dec 2007
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Handle: RePEc:cor:louvco:2007092
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  1. Robert J. Barro, 2012. "Inflation and Economic Growth," CEMA Working Papers 568, China Economics and Management Academy, Central University of Finance and Economics.
  2. André Sapir & Philippe Aghion & Mathias Dewatripont & Caroline Hoxby & Andreu Mas-Colell, 2007. "Why reform Europe's universities," ULB Institutional Repository 2013/8100, ULB -- Universite Libre de Bruxelles.
  3. Santos Silva, J.M.C & Tenreyro, Silvana, 2005. "The Log of Gravity," CEPR Discussion Papers 5311, C.E.P.R. Discussion Papers.
  4. Henry, TULKENS, 2007. "Ranking universities : how to take better account of diversity," Discussion Papers (ECON - Département des Sciences Economiques) 2007023, Université catholique de Louvain, Département des Sciences Economiques.
  5. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2004. "The Role of Social Capital in Financial Development," American Economic Review, American Economic Association, vol. 94(3), pages 526-556, June.
  6. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1992. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," NBER Working Papers 3993, National Bureau of Economic Research, Inc.
  7. Antonio Ciccone & Robert E. Hall, 1995. "Productivity and the density of economic activity," Economics Working Papers 120, Department of Economics and Business, Universitat Pompeu Fabra.
  8. Trefler, Daniel, 1995. "The Case of the Missing Trade and Other Mysteries," American Economic Review, American Economic Association, vol. 85(5), pages 1029-46, December.
  9. Edward C. Prescott, 1997. "Needed: a theory of total factor productivity," Staff Report 242, Federal Reserve Bank of Minneapolis.
  10. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
  11. Kiminiori Matsuyama, 1994. "Complementaries and Cumulative Processes In Models of Monopolistic Competition," Discussion Papers 1106, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  12. Giovanni Peri, 2005. "Determinants of Knowledge Flows and Their Effect on Innovation," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 308-322, May.
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