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On the Robustness of Alternative Rankings Methodologies For Australian and New Zealand Economics Departments

Author

Listed:
  • Joseph Macri

    (Department of Economics, Macquarie University)

  • Michael McAleer

    (Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam and Tinbergen Institute and Center for International Research on the Japanese Economy (CIRJE), Faculty of Economics, University of Tokyo)

  • Dipendra Sinha

    (College of Management, Ritsumeikan Asia Pacific University and Institute of Economic Growth, and Department of Economics, Macquarie University)

Abstract

Just as friendly arguments based on an ignorance of facts eventually led to the creation of the definitive Guinness Book of World Records, any argument about university rankings has seemingly been a problem without a solution. To state the obvious, alternative rankings methodologies can and do lead to different rankings. This paper evaluates the robustness of rankings of Australian and New Zealand economics teaching departments for 1988-2002 and 1996-2002 using alternative rankings methodologies, and compares the results with the rankings obtained by Macri and Sinha (2006). In the overall mean rankings for both 1988- 2006 and 1996-2002, the University of Melbourne is ranked first, followed by UWA and ANU.

Suggested Citation

  • Joseph Macri & Michael McAleer & Dipendra Sinha, 2009. "On the Robustness of Alternative Rankings Methodologies For Australian and New Zealand Economics Departments," CIRJE F-Series CIRJE-F-660, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:fseres:2009cf660
    as

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    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2009/2009cf660.pdf
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    References listed on IDEAS

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    Cited by:

    1. David L. Anderson & John Tressler, 2009. "The Excellence in Research for Australia Scheme: An Evaluation of the Draft Journal Weights for Economics," Working Papers in Economics 09/07, University of Waikato.
    2. David L. Anderson & John Tressler, 2009. "The ‘Excellence in Research for Australia’ Scheme: A Test Drive of Draft Journal Weights with New Zealand Data," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 16(4), pages 7-24.

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