University merging process
There is a recent tendency toward encouraging universities to merge. This policy is based on the idea that mergers create synergy gains that enhance universities’ prestige by increasing their international visibility. However, this process may reduce competition for both research funds and professors. This paper analyzes whether or not mergers among universities are optimal from an aggregate excellence point of view. We find that the relationship between cost differentials of competing universities, the amount of research funds and universities’ recruitment standard plays a key role when comparing aggregate excellence in a merging and a competition settings. In particular, we show that the higher the heterogeneity between potential merger institutions in terms of their reputation the greater the amount of funds needed to make mergers profitable.
|Date of creation:||Jan 2013|
|Publication status:||Published by Ivie|
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- Gautier, Axel & Wauthy, Xavier, 2007.
"Teaching versus research: A multi-tasking approach to multi-department universities,"
European Economic Review,
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- Chiara Franzoni & Giuseppe Scellato & Paula Stephan, 2012. "Foreign Born Scientists: Mobility Patterns for Sixteen Countries," NBER Working Papers 18067, National Bureau of Economic Research, Inc.
- Clément Bosquet & Pierre-Philippe Combes, 2012. "Un panorama de la recherche française en économie comparant les approches Google Scholar et Econlit," Revue d'économie politique, Dalloz, vol. 122(4), pages 477-545.
- Clément Bosquet & Pierre-Philippe Combes, 2011. "Un panorama de la recherche française en économie comparant les approches Google Scholar et Econlit," Working Papers halshs-00652730, HAL.
- Philippe Aghion & Mathias Dewatripont & Caroline M. Hoxby & Andreu Mas-Colell & André Sapir, 2009. "The Governance and Performance of Research Universities: Evidence from Europe and the U.S," NBER Working Papers 14851, National Bureau of Economic Research, Inc.
- Siow, Aloysius, 1997. "Some evidence on the signalling role of research in academia," Economics Letters, Elsevier, vol. 54(3), pages 271-276, July.
- Pierre-Philippe Combes & Laurent Linnemer, 2003. "Where are the Economists Who Publish? Publication Concentration and Rankings in Europe Based on Cumulative Publications," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1250-1308, December. Full references (including those not matched with items on IDEAS)
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