How to Pay for Scientific Research

Daniele Checchi, Gianni De Fraja, Carmen Marchiori, Enrico Minelli and Stefano Verzillo

No 19083, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: Using data on 31 countries over the period from 1996 to 2016, we study the effect of the introduction of Performance Based Research Funding (PBRF) on three indices of a country's scientific publications: quantity, prestige, and influence. We find that the introduction of PBRF has modest positive effects on quantity and prestige, and no effect on influence, a measure of long-term scientific impact. Interestingly, influence is positively affected in the sub-sample of countries in which universities have a higher degree of autonomy in hiring and promotions. Consistent with recent theoretical work, this suggests an important role for the transmission channel from institutions to individual researchers.

Keywords: Universities; Higher education; Research institutions (search for similar items in EconPapers)
JEL-codes: D82 I23 I28 O38 (search for similar items in EconPapers)
Date: 2024-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP19083 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:19083

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP19083

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().