The efficiency of economics departments reconsidered

Wohlrabe, Klaus and Friedrich, Elisabeth (2016): The efficiency of economics departments reconsidered.

Abstract

Employing data envelopment analysis and the free disposal hull approach, we evaluate the efficiency of 206 economics departments around the world. We use one input, full-time equivalents, and ten outputs which were both downloaded from RePEc website. By averaging over 1023 efficiency scores, obtained from all possible input-output combinations, we rank the economics departments. Furthermore, we provide some evidence that efficiency is not well correlated with reputation which is measured by the institutional ranking in RePEc.

• Item Type: MPRA Paper
• Language: English
• Keywords: efficiency; economics departments; data envelopment analysis; free disposal hull; RePEc
• Subjects: I - Health, Education, and Welfare > I2 - Education and Research Institutions > I21 - Analysis of Education; I - Health, Education, and Welfare > I2 - Education and Research Institutions > I23 - Higher Education ; Research Institutions; J - Labor and Demographic Economics > J4 - Particular Labor Markets > J45 - Public Sector Labor Markets

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