Arbeitspapier

Rising Stars

We use the UK's 2014 Research Excellence Framework (REF) to study which attributes characterize a top-scoring (four-star) publication in Economics and Econometrics. We frame the analysis as a classification problem and, using information in official documents, derive conditions to infer the unobservable score that panellists awarded to each publication. Juxtaposing institutions' submissions with REF outcomes provides information on the latent pass-marks used for assigning quality levels, which respond to journal prestige measured by the Thomson Reuters Article Influence Score. We explore this statistical feature in the econometric analysis, which reveals the limited contribution to awarded quality made by other publication attributes, possibly unobservable to us, conditional on the Article Influence Score. We conclude that, in large-scale and costly evaluations such as the REF, the time-consuming task of peer reviews should be devoted to publications not in academic outlets with unambiguously top-scoring bibliometric indicators of journal impact. Our model also predicts a ranking of academic journals consistent with the classification of REF panellists.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 11198

Klassifikation
Wirtschaft
National Government Expenditures and Education
National Government Expenditures and Education
Public Administration; Public Sector Accounting and Audits
Public Administration; Public Sector Accounting and Audits
Higher Education; Research Institutions
Higher Education; Research Institutions
Education: Government Policy
Thema
education policy
higher education
journal ranking
research funding

Ereignis
Geistige Schöpfung
(wer)
Battistin, Erich
Ovidi, Marco
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Battistin, Erich
  • Ovidi, Marco
  • Institute of Labor Economics (IZA)

Entstanden

  • 2017

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