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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. 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.
  2. Antonio Ciccone & Robert E. Hall, 1993. "Productivity and the Density of Economic Activity," NBER Working Papers 4313, National Bureau of Economic Research, Inc.
  3. Joao Santos Silva & Silvana Tenreyro, 2005. "The log of gravity," LSE Research Online Documents on Economics 3744, London School of Economics and Political Science, LSE Library.
  4. Jaffe, A.B. & Trajtenberg, M., 1992. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," Papers 14-92, Tel Aviv.
  5. TULKENS, Henry, 2007. "Ranking universities: How to take better account of diversity," CORE Discussion Papers 2007042, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  6. 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.
  7. Kiminori Matsuyama, 1995. "Complementarities and Cumulative Processes in Models of Monopolistic Competition," Journal of Economic Literature, American Economic Association, vol. 33(2), pages 701-729, June.
  8. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," NBER Working Papers 7563, National Bureau of Economic Research, Inc.
  9. Philippe Aghion & Mathias Dewatripont & Caroline Hoxby & Andreu Mas-Colell & André Sapir, 2007. "Why Reform Europe's Universities?," Policy Briefs 34, Bruegel.
  10. Edward C. Prescott, 1997. "Needed: a theory of total factor productivity," Staff Report 242, Federal Reserve Bank of Minneapolis.
  11. Robert J. Barro, 2013. "Inflation and Economic Growth," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 121-144, May.
  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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