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The efficiency of economics departments reconsidered

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  • Wohlrabe, Klaus
  • Friedrich, Elisabeth

Abstract

Employing data envelopment analysis and the free disposal hull approach, we evaluate the efficiency of 206 economics departments around the world. We use one input, full-time equivalents, and ten outputs which were both downloaded from RePEc website. By averaging over 1023 efficiency scores, obtained from all possible input-output combinations, we rank the economics departments. Furthermore, we provide some evidence that efficiency is not well correlated with reputation which is measured by the institutional ranking in RePEc.

Suggested Citation

  • Wohlrabe, Klaus & Friedrich, Elisabeth, 2016. "The efficiency of economics departments reconsidered," MPRA Paper 70123, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:70123
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    References listed on IDEAS

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    5. Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.
    6. Andrew Worthington, 2001. "An Empirical Survey of Frontier Efficiency Measurement Techniques in Education," Education Economics, Taylor & Francis Journals, vol. 9(3), pages 245-268.
    7. Dominique Deprins & Léopold Simar & Henry Tulkens, 2006. "Measuring Labor-Efficiency in Post Offices," Springer Books, in: Parkash Chander & Jacques Drèze & C. Knox Lovell & Jack Mintz (ed.), Public goods, environmental externalities and fiscal competition, chapter 0, pages 285-309, Springer.
    8. Joseph Macri & Dipendra Sinha, 2006. "Rankings Methodology for International Comparisons of Institutions and Individuals: an Application to Economics in Australia and New Zealand," Journal of Economic Surveys, Wiley Blackwell, vol. 20(1), pages 111-156, February.
    9. Seiler, Christian & Wohlrabe, Klaus, 2012. "Ranking economists on the basis of many indicators: An alternative approach using RePEc data," Journal of Informetrics, Elsevier, vol. 6(3), pages 389-402.
    10. Andrea Bonaccorsi & Cinzia Daraio & Léopold Simar, 2006. "Advanced indicators of productivity of universitiesAn application of robust nonparametric methods to Italian data," Scientometrics, Springer;Akadémiai Kiadó, vol. 66(2), pages 389-410, February.
    11. Harald Tauchmann, 2012. "Partial frontier efficiency analysis," Stata Journal, StataCorp LP, vol. 12(3), pages 461-478, September.
    12. Bornmann, Lutz & Stefaner, Moritz & de Moya Anegón, Felix & Mutz, Rüdiger, 2014. "What is the effect of country-specific characteristics on the research performance of scientific institutions? Using multi-level statistical models to rank and map universities and research-focused in," Journal of Informetrics, Elsevier, vol. 8(3), pages 581-593.
    13. Michael E. Conroy & Richard Dusansky, 1995. "The Productivity of Economics Departments in the U.S.: Publications in the Core Journals," Journal of Economic Literature, American Economic Association, vol. 33(4), pages 1966-1971, December.
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    Cited by:

    1. Joseph Gerald Hirschberg & Jeanette Ngaire Lye, 2020. "Grading Journals In Economics: The Abcs Of The Abdc," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 876-921, September.
    2. Matthias Gnewuch & Klaus Wohlrabe, 2018. "Super-efficiency of education institutions: an application to economics departments," Education Economics, Taylor & Francis Journals, vol. 26(6), pages 610-623, November.
    3. Klaus Wohlrabe & Elisabeth Friedrich, 2017. "The efficiency of economics departments reconsidered," Economics Bulletin, AccessEcon, vol. 37(3), pages 1602-1611.
    4. Matthias Gnewuch & Klaus Wohlrabe, 2018. "Die (Super-)Effizienz von volkswirtschaftlichen Fakultäten," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(15), pages 30-34, August.
    5. Heinz Ahn & Marcel Clermont & Julia Langner, 2022. "The impact of selected input and output factors on measuring research efficiency of university research fields: insights from a purpose-, field-, and method-specific perspective," Journal of Business Economics, Springer, vol. 92(8), pages 1303-1335, October.

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    More about this item

    Keywords

    efficiency; economics departments; data envelopment analysis; free disposal hull; RePEc;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets

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