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Klaus Wohlrabe and Elisabeth Friedrich |
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''The efficiency of economics departments reconsidered'' |
( 2017, Vol. 37 No.3 ) |
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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. |
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Keywords: efficiency, economics departments, data envelopment analysis, free disposal hull, RePEc |
JEL: I2 - Education: General J4 - Particular Labor Markets: General |
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Manuscript Received : Jul 16 2017 | | Manuscript Accepted : Jul 16 2017 |
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