The UK research assessment exercise and the narrowing of UK economics
The aim of this paper is to delineate an empirically grounded, structure-causal going concern recursive model of UK economics that, in the context of the RAE and local department decision-making, explains the progressive elimination of heterodox economics, the progressive homogenization of mainstream economics from 1992 to the present, and the continued rise to dominance of a select group of departments, and indicates whether these ‘regularities’ will continue under the Research Excellence Framework selectivity exercise in 2014.
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