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Human Capital Externalities, Departmental Co-Authorship And Research Productivity, Frank Neri, Joan Rodgers Sep 2012

Human Capital Externalities, Departmental Co-Authorship And Research Productivity, Frank Neri, Joan Rodgers

Joan Rodgers

Lucas (1988) hypothesised that human capital externalities explain persistent productivity growth and become manifest via interactions between workplace colleagues. Consistent with the first part of this hypothesis, Fox and Milbourne (2006) concluded that an increase in the average level of human capital in Australian economics departments raised the research productivity of departmental members. This paper tests the robustness of this finding by using a direct, rather than a proxy, measure of human capital and confirms the existence of human capital externalities within Australian economics departments. But we go further by investigating the second part of Lucas’ hypothesis. Whilst there are …


Ranking Australian Economics Departments By Research Productivity, Frank V. Neri, Joan R. Rodgers Sep 2012

Ranking Australian Economics Departments By Research Productivity, Frank V. Neri, Joan R. Rodgers

Joan Rodgers

This study ranks Australian economics departments according to the average research productivity of their academic staff during 1996-2002. It also ranks departments according to the variability of research productivity among their members, the assumption being that, ceteris paribus, the less variable is productivity within a department, the better. Research productivity is found to be highly skewed within all departments. A few departments have high average research productivity because of just one or two highly productive members. However, in general, research productivity is more evenly distributed within those departments that have relatively high average research productivity than within departments with relatively …