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On Research Efficiency: A Micro-Analysis of Dutch University Research in Economics and Business Management

  • Laurens Cherchye

    ()

  • Piet Vanden Abeele

We argue that efficiency assessments of academic research should focus on micro-units of research production rather than on conventionally employed (aggregated) macro-units, and show that such a detailed analysis of research performance provides interesting insights. In addition, we propose a non-parametric methodology that is specially tailored for analyzing the productive efficiency of research: it starts from a specification of the managerial objectives of research activities while imposing minimal structure on the (typically unknown) production technology. We illustrate our points by assessing the productive efficiency of research in Economics and Business Management faculties at Dutch universities. Next to measuring productive efficiency, we look for specific patterns in efficiency distributions over universities, years and areas of specialization. In addition, we investigate the impact of external funding and of the size of research programs on academic research efficiency.

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File URL: http://www.econ.kuleuven.ac.be/ew/academic/econover/Papers/DPS0206.pdf
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Paper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics in its series Public Economics Working Paper Series with number ces0206.

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Length: 24 pp.
Date of creation: 2002
Date of revision:
Handle: RePEc:wpe:papers:ces0206
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  1. Varian, Hal R., 1990. "Goodness-of-fit in optimizing models," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 125-140.
  2. Peter Bogetoft, 1996. "DEA on Relaxed Convexity Assumptions," Management Science, INFORMS, vol. 42(3), pages 457-465, March.
  3. Kocher, Martin G. & Luptácik, Mikulás & Sutter, Matthias, 2006. "Measuring productivity of research in economics: A cross-country study using DEA," Munich Reprints in Economics 18192, University of Munich, Department of Economics.
  4. P. Korhonen & R. Tainio & J. Wallenius, 1998. "Value Efficiency Analysis of Academic Research," Working Papers ir98032, International Institute for Applied Systems Analysis.
  5. Graves, Philip E & Marchand, James R & Thompson, Randal, 1982. "Economics Departmental Rankings: Research Incentives, Constraints, and Efficiency," American Economic Review, American Economic Association, vol. 72(5), pages 1131-41, December.
  6. Cordero, Rene, 1990. "The measurement of innovation performance in the firm: An overview," Research Policy, Elsevier, vol. 19(2), pages 185-192, April.
  7. Rajiv D. Banker, 1993. "Maximum Likelihood, Consistency and Data Envelopment Analysis: A Statistical Foundation," Management Science, INFORMS, vol. 39(10), pages 1265-1273, October.
  8. Cazals, Catherine & Florens, Jean-Pierre & Simar, Leopold, 2002. "Nonparametric frontier estimation: a robust approach," Journal of Econometrics, Elsevier, vol. 106(1), pages 1-25, January.
  9. Simar, L. & Wilson, P.W., 1999. "Statistical Inference in Nonparametric Frontier Models: the State of the Art," Papers 9904, Catholique de Louvain - Institut de statistique.
  10. John R. Hauser, 1998. "Research, Development, and Engineering Metrics," Management Science, INFORMS, vol. 44(12-Part-1), pages 1670-1689, December.
  11. Kalaitzidakis, Pantelis & Mamuneas, Theofanis P. & Savvides, Andreas & Stengos, Thanasis, 2004. "Research spillovers among European and North-American economics departments," Economics of Education Review, Elsevier, vol. 23(2), pages 191-202, April.
  12. Afriat, Sidney N, 1972. "Efficiency Estimation of Production Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(3), pages 568-98, October.
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