The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory
I ask generally whether a country can benefit from the temporary importation of human capital, and specifically whether a program that attracts large groups of academic visitors to a distant country benefits it by generating additional scholarly research on local issues. Using the list of visitors to the ANU Research School's Economics Program, I estimate this impact from responses to a survey in which visitors described their research before and after their visit and designated as a"control person" another economist who had a similar career but had not visited. The matching of the control may be viewed as being along both observable and (to the researcher) unobservable characteristics of the "treated" and control individuals. The results show a highly significant ceteris paribus impact of such visits on the visitor's subsequent research. Valuing this extra research based on the scholarly citations it received and the effects of citations on salaries shows a substantial monetary impact of visiting economists. Less tangible additional impacts in terms of research style also clearly result.
|Date of creation:||Jul 2005|
|Date of revision:|
|Publication status:||published as "The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory" Hamermesh, Daniel S.; Economic Record, June 2006, v. 82, iss. 257, pp. 138-49|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
Web page: http://www.nber.org
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- John Bound, 1989.
"The Health and Earnings of Rejected Disability Insurance Applicants,"
NBER Working Papers
2816, National Bureau of Economic Research, Inc.
- Bound, John, 1989. "The Health and Earnings of Rejected Disability Insurance Applicants," American Economic Review, American Economic Association, vol. 79(3), pages 482-503, June.
- Glenn Ellison, 2000.
"The Slowdown of the Economics Publishing Process,"
NBER Working Papers
7804, National Bureau of Economic Research, Inc.
- Daniel S. Hamermesh & Sharon M. Oster, 2002.
"Tools or Toys? The Impact of High Technology on Scholarly Productivity,"
Western Economic Association International, vol. 40(4), pages 539-555, October.
- Daniel S. Hamermesh & Sharon M. Oster, 1998. "Tools or Toys? The Impact of High Technology on Scholarly Productivity," NBER Working Papers 6761, National Bureau of Economic Research, Inc.
- Sauer, Raymond D, 1988. "Estimates of the Returns to Quality and Coauthorship in Economic Academia," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 855-66, August.
- Daniel S. Hamermesh & Stephen G. Donald, 2004. "The Effect of College Curriculum on Earnings: Accounting for Non-Ignorable Non-Response Bias," NBER Working Papers 10809, National Bureau of Economic Research, Inc.
- repec:sae:ilrrev:v:31:y:1977:i:1:p:10 is not listed on IDEAS
- Moore, William J & Newman, Robert J & Turnbull, Geoffrey K, 2001. "Reputational Capital and Academic Pay," Economic Inquiry, Western Economic Association International, vol. 39(4), pages 663-71, October.
- John T. Dunlop, 1977. "Policy Decisions and Research in Economics and Industrial Relations," ILR Review, Cornell University, ILR School, vol. 30(3), pages 275-282, April.
- Quandt, Richard E, 1976. "Some Quantitative Aspects of the Economics Journal Literature," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 741-55, August.
- Jonathan Gruber & Brigitte C. Madrian, 1994. "Health Insurance and Job Mobility: The Effects of Public Policy on Job-Lock," ILR Review, Cornell University, ILR School, vol. 48(1), pages 86-102, October.
- Wise, Donald E, 1974. "The Effect of the Bracero on Agricultural Production in California," Economic Inquiry, Western Economic Association International, vol. 12(4), pages 547-58, December.
- N. Kulendran & Kenneth Wilson, 2000. "Is there a relationship between international trade and international travel?," Applied Economics, Taylor & Francis Journals, vol. 32(8), pages 1001-1009.
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:11453. 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: ()
If references are entirely missing, you can add them using this form.