Scientometric approach of productivity in scholarly economics and business

Abstract

Some scientometric studies attempt to explain the factors affecting a country’s scientific output, which is usually measured by proxy variables such as the number of articles and citations in internationally-renowned journals. This paper highlights the main drivers for scientific output in economics and business, namely, financing of education and research, population size, the number of scholarly journals and English as the official language. We use multiple OLS regressions and data provided by Web of Knowledge and the World Bank covering 56 nations. The study also highlights the relationship between scientific output and the efficiency in using the research funding. The rankings of sample countries show that there is a learning process at national level, the output being doubled by efficiency.

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