Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/36248 
Year of Publication: 
2009
Series/Report no.: 
IZA Discussion Papers No. 4313
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Countries often spend billions on university research. There is growing interest in how to assess whether that money is well spent. Is there an objective way to assess the quality of a nation's world-leading science? I attempt to suggest a method, and illustrate it with modern data on economics. Of 450 genuinely world-leading journal articles, the UK produced 10%, and the rest of Europe slightly more. Interestingly, more than a quarter of these elite UK articles came from outside the best-known university departments. The proposed methodology could be applied to almost any academic discipline or nation.
Subjects: 
Science
evaluation
European economics
United Kingdom
peer-review
Research Excellence Framework (REF)
citations
Research Assessment Exercise (RAE)
JEL: 
A1
O38
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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