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The merits of using citationā€based journal weighting schemes to measure research performance in economics: The case of New Zealand

Abstract
In this study we test various citationā€based journal weighting schemes, especially those based on the Liebowitz and Palmer methodology, as to their suitability for use in a nationwide research funding model. Using data generated by New Zealandā€™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.
Type
Journal Article
Type of thesis
Series
Department of Economics Working Paper Series
Citation
Anderson, D.L. & Tressler, J. (2010). The merits of using citationā€based journal weighting schemes to measure research performance in economics: The case of New Zealand. (Department of Economics Working Paper Series, Number 10/03). Hamilton, New Zealand: University of Waikato.
Date
2010-05
Publisher
The University of Waikato, Waikato Management School
Degree
Supervisors
Rights