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Measuring productivity of research in economics. A cross-country study using DEA.

Kocher, Martin G. and Luptácik, Mikulás and Sutter, Matthias (2001) Measuring productivity of research in economics. A cross-country study using DEA. Department of Economics Working Paper Series, 77. Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business, Vienna.

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Abstract

Using a sample of 21 OECD-countries we measure productivity in top-edge economic research by using data envelopment analysis (DEA). DEA is a tool for evaluating relative efficiency and is widely used when there are multiple inputs and outputs and one lacks a specific functional form of a production function. The publications in 10 economics journals with the highest average impact factor over the time period 1980-1998 are taken as research output. Inputs are measured by R&D expenditures, number of universities with economics departments and (as uncontrolled variable) total population. Under constant returns-to-scale the USA are in dominant position with remarkable distance to other countries. Under variable returns-to-scale the efficiency frontier is created by the USA with most productive scale size (MPSS), and by Ireland and New Zealand, which are technical efficient but scale inefficient. All countries - except the USA - display increasing returns-to-scale, which shows that they have a possibility to improve their efficiency by scaling up their research activities. (author's abstract)

Item Type: Paper
Keywords: data envelopment analysis (DEA) / research in economics / productivity analysis / cross-country study
Classification Codes: JEL A11, A14, C61, D24
Divisions: Departments > Volkswirtschaft
Depositing User: Repository Administrator
Date Deposited: 28 Feb 2002 10:00
Last Modified: 02 Nov 2014 12:50
URI: http://epub.wu.ac.at/id/eprint/1632

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