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What Determines Research Output of Academic Economists?

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  • KEVIN J. FOX
  • ROSS MILBOURNE

Abstract

This paper looks at the characteristics that explain research productivity in a cross section of academic economists. From a sample of 150 economists, we obtained data on a range of human capital variables, teaching loads and research funding. The results suggest that human capital variables, particularly the grade of honours and the nature and location of the PhD., are especially important in explaining a quality‐weighted research output measure. Teaching loads are also significant. In particular, we find that a 10 per cent increase in the number of teaching hours may reduce research output by as much as 20 per cent, whereas a 10 per cent increase in the number of grants held per year may raise output per year by as much as 15 per cent.

Suggested Citation

  • Kevin J. Fox & Ross Milbourne, 1999. "What Determines Research Output of Academic Economists?," The Economic Record, The Economic Society of Australia, vol. 75(3), pages 256-267, September.
    • Handle: RePEc:bla:ecorec:v:75:y:1999:i:3:p:256-267
    DOI: 10.1111/j.1475-4932.1999.tb02454.x
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    References listed on IDEAS

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    1. Johnes, Geraint, 1988. "Determinants of research output in economics departments in British universities," Research Policy, Elsevier, vol. 17(3), pages 171-178, June.
    2. Johnes, Geraint & Johnes, Jill, 1993. "Measuring the Research Performance of UK Economics Departments: An Application of Data Envelopment Analysis," Oxford Economic Papers, Oxford University Press, vol. 45(2), pages 332-347, April.
    3. Amemiya, Takeshi, 1973. "Regression Analysis when the Dependent Variable is Truncated Normal," Econometrica, Econometric Society, vol. 41(6), pages 997-1016, November.
    4. R. F. Lucas, 1995. "Contributions to Economics Journals by the Canadian Economics Profession, 1981-90," Canadian Journal of Economics, Canadian Economics Association, vol. 28(4a), pages 945-960, November.
    5. Jack B. Towe & Donald J. Wright, 1995. "Research Published by Australian Economics and Econometrics Departments: 1988‐93," The Economic Record, The Economic Society of Australia, vol. 71(1), pages 8-17, March.
    6. Harris, G T, 1990. "Research Output in Australian University Economics Departments: An Update for 1984-88," Australian Economic Papers, Wiley Blackwell, vol. 29(55), pages 249-259, December.
    7. repec:bla:ecorec:v:71:y:1995:i:212:p:8-17 is not listed on IDEAS
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