Arbeitspapier
Efficiency and economies of scale in academic knowledge production
This paper investigates the properties of knowledge production in academic research using a panel of 17 OECD countries reaching from 1989 to 1996. The production process is modelled using capital and labour as inputs and the number of published international journal articles and/or the number of graduates as outputs. First, we test for the existence of economies of scale in academic research. Our results give indication for decreasing returns to scale in the production of new academic knowledge. This empirical result might contribute to the recent controversy on the properties of the innovation technology used in endogenous growth models. Second, we determine efficiency scores for each individual country. For the estimation of efficiencies we apply parametric and non-parametric methods. Although results differ slightly with the method used, a stable efficiency ranking is found.
- Sprache
-
Englisch
- Erschienen in
-
Series: Reihe Ökonomie / Economics Series ; No. 63
- Klassifikation
-
Wirtschaft
- Thema
-
academic research
education
knowledge production
efficiency
endogenous growth
Hochschulforschung
Skalenertrag
Wirtschaftliche Effizienz
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Felderer, Bernhard
Obersteiner, Michael
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for Advanced Studies (IHS)
- (wo)
-
Vienna
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Felderer, Bernhard
- Obersteiner, Michael
- Institute for Advanced Studies (IHS)
Entstanden
- 1999