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Is It Harder To Soar With Eagles When You Work With Turkeys?

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  • KEVIN J. FOX
  • ROSS MILBOURNE

Abstract

Lucas (1988) modelled the productivity of workers as being a function not only of their own human capital but the human capital of the people with whom they work. Using individual data, this paper investigates whether there are such human‐capital externalities. In particular, we look at the research output of academic economists, and ask whether research‐output productivity is affected not just by individual human‐capital factors, and institutional and funding factors, but additionally by productivity of those in the same academic department. Our findings are also of relevance to the literature on peer‐group effects and the ‘Bell Curve’ debate.

Suggested Citation

  • Kevin J. Fox & Ross Milbourne, 2006. "Is It Harder To Soar With Eagles When You Work With Turkeys?," Australian Economic Papers, Wiley Blackwell, vol. 45(4), pages 362-371, December.
    • Handle: RePEc:bla:ausecp:v:45:y:2006:i:4:p:362-371
    DOI: 10.1111/j.1467-8454.2006.00299.x
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    References listed on IDEAS

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    1. Andrea Bassanini & Stefano Scarpetta, 2001. "Does Human Capital Matter for Growth in OECD Countries?: Evidence from Pooled Mean-Group Estimates," OECD Economics Department Working Papers 282, OECD Publishing.
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    Cited by:

    1. Frank Neri & Joan R. Rodgers, 2013. "Eagles and Turkeys: Human Capital Externalities, Departmental Co-authorship and Research Productivity," Australian Economic Papers, Wiley Blackwell, vol. 52(3-4), pages 171-189, December.
    2. Frank Neri & Joan Rodgers, 2012. "Human capital externalities, departmental co-authorship and research productivity," Economics Working Papers wp12-05, School of Economics, University of Wollongong, NSW, Australia.
    3. Varsha Singh, 2018. "Comparing research productivity of returnee-PhDs in science, engineering, and the social sciences," Scientometrics, Springer;Akadémiai Kiadó, vol. 115(3), pages 1241-1252, June.

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