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Determinants of Research Production at Top Universities

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  • Quentin Max David
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    Abstract

    In this paper, I analyze the determinants of research production by higher education institutionsin the United States. I use four measures to build an index of top-level academic researchproduction. I show that it is important to account for the presence of outliers in both dimensions(x and y axes), and that most top-ranked institutions can be considered outliers. I find thatuniversity income, the share of income devoted to research expenses, and faculty size significantlyincrease the ability of an institution to produce top-level academic research. I also show that therelationship between average professor quality (proxied by salary) and the production of researchis U-shaped, with a significant share of institutions located on the decreasing part of the curve.

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    File URL: https://dipot.ulb.ac.be/dspace/bitstream/2013/157280/1/WP2014-007.pdf
    File Function: WP2014-007
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    Paper provided by ULB -- Universite Libre de Bruxelles in its series iCite Working Papers with number 2014-007.

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    Length: 33 p.
    Date of creation: 31 Oct 2013
    Publication status: Published by:
    Handle: RePEc:ict:wpaper:2013/157280
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    Web page: http://difusion.ulb.ac.be

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    1. Philippe Aghion & Mathias Dewatripont & Caroline Hoxby & Andreu Mas-Colell & André Sapir, . "Higher aspirations: an agenda for reforming European universities," Blueprints, Bruegel, number 1, July.
    2. James J. Heckman, 1976. "The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models," NBER Chapters,in: Annals of Economic and Social Measurement, Volume 5, number 4, pages 475-492 National Bureau of Economic Research, Inc.
    3. Philippe Aghion & Mathias Dewatripont & Jeremy C. Stein, 2008. "Academic freedom, private-sector focus, and the process of innovation," RAND Journal of Economics, RAND Corporation, vol. 39(3), pages 617-635.
    4. Catherine Dehon & Marjorie Gassner & Vincenzo Verardi, 2008. "A New Hausmann Type Test to Detect the Presence of Influential Outliers," Working Papers ECARES 2008_006, ULB -- Universite Libre de Bruxelles.
    5. Bruno Van Pottelsberghe & Dominique Guellec, 2008. "Patents and academic research: a state of the art," ULB Institutional Repository 2013/6187, ULB -- Universite Libre de Bruxelles.
    6. Gulbrandsen, Magnus & Smeby, Jens-Christian, 2005. "Industry funding and university professors' research performance," Research Policy, Elsevier, vol. 34(6), pages 932-950, August.
    7. Luc Bauwens & Giordano Mion & Jacques-François Thisse, 2011. "The Resistible Decline of European Science," Recherches économiques de Louvain, De Boeck Université, vol. 77(4), pages 5-31.
    8. 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.
    9. Gordon C. Winston, 1999. "Subsidies, Hierarchy and Peers: The Awkward Economics of Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 13-36, Winter.
    10. Koenker,Roger, 2005. "Quantile Regression," Cambridge Books, Cambridge University Press, number 9780521845731, February.
    11. Pierre Azoulay & Joshua S. Graff Zivin & Jialan Wang, 2010. "Superstar Extinction," The Quarterly Journal of Economics, Oxford University Press, vol. 125(2), pages 549-589.
    12. Michael P. Murray, 2006. "Avoiding Invalid Instruments and Coping with Weak Instruments," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 111-132, Fall.
    13. Charles T. Clotfelter, 1999. "The Familiar but Curious Economics of Higher Education: Introduction to a Symposium," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 3-12, Winter.
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    Cited by:

    1. Jacqmin, Julien & Lefebvre, Mathieu, 2016. "Does sector-specific experience matter? The case of European higher education ministers," Research Policy, Elsevier, vol. 45(5), pages 987-998.

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