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RAE Ratings and Research Quality: The Case of Economics Departments

Author

Listed:
  • Sofronis Clerides
  • Panos Pashardes
  • Alexandros Polycarpou

Abstract

The RAE ratings, while intended for allocating research funds to UK universities, are often used as quality indicator by academics and students throughout the world. Yet the same outcome has been criticised as biased in favour of universities that are old, located in England, large and represented on the assessment panel. Although a naive approach can suggest otherwise, the RAE ratings of Economics departments in 1996 and 2001 investigated here are in quite close agreement with the profession's view of research quality as documented by independent rankings in the academic literature.

Suggested Citation

  • Sofronis Clerides & Panos Pashardes & Alexandros Polycarpou, 2006. "RAE Ratings and Research Quality: The Case of Economics Departments," University of Cyprus Working Papers in Economics 7-2006, University of Cyprus Department of Economics.
    • Handle: RePEc:ucy:cypeua:7-2006
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    File URL: https://papers.econ.ucy.ac.cy/RePEc/papers/0607.pdf
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    Citations

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    Cited by:

    1. Daniel Sgroi & Andrew J. Oswald, 2013. "How Should Peer‐review Panels Behave?," Economic Journal, Royal Economic Society, vol. 0, pages 255-278, August.
    2. Stelios Katranidis & Theodore Panagiotidis & Costas Zontanos, 2014. "An Evaluation Of The Greek Universities’ Economics Departments," Bulletin of Economic Research, Wiley Blackwell, vol. 66(2), pages 173-182, April.
    3. Battistin, Erich & Ovidi, Marco, 2017. "Rising Stars," IZA Discussion Papers 11198, Institute of Labor Economics (IZA).
    4. Maria Rosaria Carillo & Erasmo Papagni & Alessandro Sapio, 2012. "Do collaborations enhance the high-quality output of scientific institutions? Evidence from the Italian Research Assessment Exercise (2001-2003)," Discussion Papers 4_2012, CRISEI, University of Naples "Parthenope", Italy.
    5. Stelios Katranidis & Theodore Panagiotidis & Costas Zontanos, 2017. "Economists, Research Performance and National Inbreeding: North Versus South," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 46(1), pages 145-163, February.
    6. repec:esx:essedp:757 is not listed on IDEAS
    7. Régibeau, P & Rockett, K, 2014. "A Tale of Two Metrics: Research Assessment vs Recognised Excellence," Economics Discussion Papers 14461, University of Essex, Department of Economics.

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