The Merits of Using Citation-Based Journal Weighting Schemes to Measure Research Performance in Economics: The Case of New Zealand

David Anderson and John Tressler ()

Working Papers in Economics from University of Waikato

Abstract: In this study we test various citation-based journal weighting schemes, especially those based on the Liebowitz and Palmer methodology, as to their suitability for use in a nation- wide research funding model. Using data generated by New Zealand’s academic economists, we compare the performance of departments, and individuals, under each of our selected schemes; and we then proceed to contrast these results with those generated by direct citation counts. Our findings suggest that if all citations are deemed to be of equal value, then schemes based on the Liebowitz and Palmer methodology yield problematic outcomes. We also demonstrate that even between weighting schemes based on a common methodology, major differences are found to exist in departmental and individual outcomes.

Keywords: economics departments; research output; citations; impact factors (search for similar items in EconPapers)
JEL-codes: A19 C81 J24 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2010-05-13
New Economics Papers: this item is included in nep-sog
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:wai:econwp:10/03

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