| Abstract: |
We assess the role played by advisory supervision on the early stage
productivity of recent PhDs in economics using a tailor-made data set based on
RePEc. After allowing for the potential effects of other relevant
determinants, including gender and field of specialisation, we find as
expected that both advisory quality and rank of the graduation institution are
positively related to the academic productivity of graduates. However,
students in top institutions do not benefit from working with the most
productive academics, unless they become co-authors. For students in non-top
institutions, being advised by the best academics is always associated with a
higher research output. Possible explanations for this difference can be
advising styles, with advisors in top-institutions devoting less time to their
advisees unless they are co-authors, or a larger role of learning from peers,
relative to advisors, in top-institutions. |