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


  • 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)


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

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    13. 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.
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