Abstract:
This paper studies the relationship between NSF funding and the publications of US economists using data on 1473 applications to NSF during 1985-1990, 414 of which were awarded a research grant. We first outline a basic methodology for assessing the impact of the NSF support for basic research in Economics. In doing so, we shall also point to key conceptual and measurement problems. Second, we provide empirical evidence about the factors that influence the NSF allocation decision, the effects of this decision on the production of publications, and the extent to which these effects differ among researchers at different stages of their career.