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Human capital and collegiality in academic beehives: Theory and analysis of European Economics faculties

Author

Listed:
  • João R. FARIA

    (University of Texas, El Paso, USA)

  • Franklin G. MIXON, Jr.

    (Columbus State University, Columbus, USA)

  • Kamal P. UPADHYAYA

    (University of New Haven, West Haven, USA)

Abstract

This study investigates the importance of the quality of human capital investment and collegiality (i.e., good colleagues) in achieving the type of acclaim in economics captured by receipt of the Yrjö Jahnsson Award, arguably the second-most prestigious award that a European economist can receive as recognition of the importance of his or her research endeavors. We provide an economic model as a foundation for both qualitative and quantitative analyses. Our results indicate that four institutions, namely the Toulouse School of Economics, University College London, University of Oxford and the London School of Economics generally rank highest in supporting a position of acclaim among academic economics faculties in Europe.

Suggested Citation

  • João R. FARIA & Franklin G. MIXON, Jr. & Kamal P. UPADHYAYA, 2017. "Human capital and collegiality in academic beehives: Theory and analysis of European Economics faculties," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(610), S), pages 147-162, Spring.
    • Handle: RePEc:agr:journl:v:xxiv:y:2017:i:1(610):p:147-162
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    References listed on IDEAS

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    1. David N. Laband & Robert D. Tollison, 2000. "Intellectual Collaboration," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 632-661, June.
    2. Bruno S. Frey & Susanne Neckermann, 2008. "Awards in Economics - Towards a New Field of Inquiry," CREMA Working Paper Series 2008-33, Center for Research in Economics, Management and the Arts (CREMA).
    3. Franklin G. Mixon Jr & Kamal P. Upadhyaya, 2012. "The Economics Olympics: Ranking U.S. Economics Departments Based on Prizes, Medals, and Other Awards," Southern Economic Journal, John Wiley & Sons, vol. 79(1), pages 90-96, July.
    4. Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002. "Quality Control in Economics," Kyklos, Wiley Blackwell, vol. 55(3), pages 315-334.
    5. Laband, David N. & Tollison, Robert D., 2003. "Good colleagues," Journal of Economic Behavior & Organization, Elsevier, vol. 52(4), pages 505-512, December.
    6. João R. Faria & Franklin G. Mixon & Kamal P. Upadhyaya, 2016. "Human capital, collegiality, and stardom in economics: empirical analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(3), pages 917-943, March.
    7. Franklin G. Mixon Jr & W. Charles Sawyer, 2005. "Contribution, attribution and the assignment of intellectual property rights in economics," Journal of Economic Studies, Emerald Group Publishing, vol. 32(5), pages 382-386, October.
    8. David N. Laband & Robert D. Tollison & Gokhan Karahan, 2002. "Quality Control in Economics," Kyklos, Wiley Blackwell, vol. 55(3), pages 315-334, August.
    9. Chan, Ho Fai & Frey, Bruno S. & Gallus, Jana & Torgler, Benno, 2014. "Academic honors and performance," Labour Economics, Elsevier, vol. 31(C), pages 188-204.
    10. Berg, Nathan & Faria, Joao, 2008. "Negatively correlated author seniority and the number of acknowledged people: Name-recognition as a signal of scientific merit?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1234-1247, June.
    11. Alexander Oettl, 2012. "Reconceptualizing Stars: Scientist Helpfulness and Peer Performance," Management Science, INFORMS, vol. 58(6), pages 1122-1140, June.
    12. Timothy D. Hoga, 1981. "Faculty Research Activity and the Quality of Graduate Training," Journal of Human Resources, University of Wisconsin Press, vol. 16(3), pages 400-415.
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    Cited by:

    1. Franklin G. Mixon & Benno Torgler & Kamal P. Upadhyaya, 2017. "Scholarly impact and the timing of major awards in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(3), pages 1837-1852, September.
    2. Franklin G. Mixon & Kamal P. Upadhyaya, 2024. "When forgiveness beats permission: Exploring the scholarly ethos of clinical faculty in economics," American Journal of Economics and Sociology, Wiley Blackwell, vol. 83(1), pages 75-91, January.
    3. Konstantinos Chatzimichael & Pantelis Kalaitzidakis & Vangelis Tzouvelekas, 2017. "Measuring the publishing productivity of economics departments in Europe," Scientometrics, Springer;Akadémiai Kiadó, vol. 113(2), pages 889-908, November.
    4. Franklin G. Mixon & Benno Torgler & Kamal P. Upadhyaya, 2022. "Committees or Markets? An Exploratory Analysis of Best Paper Awards in Economics," Economies, MDPI, vol. 10(5), pages 1-15, May.

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