nep-sog New Economics Papers
on Sociology of Economics
Issue of 2022‒08‒29
three papers chosen by
Jonas Holmström
Axventure AB

  1. Bootstrapping Science? The Impact of a “Return Human Capital” Programme on Chinese Research Productivity By Ash, Elliott; Cai, David; Draca, Mirko; Liu, Shaoyu
  2. Journal of Economic Literature codes classification system (JEL) By Jussi T. S. Heikkila
  3. Nobel students beget Nobel professors By Richard S. J. Tol

  1. By: Ash, Elliott (ETH Zurich); Cai, David (ETH Zurich); Draca, Mirko (University of Warwick, CAGE); Liu, Shaoyu (Columbia University)
    Abstract: We study the impact of a large-scale scientist recruitment program – China’s Junior Thousand Talents Plan (青年千人计划) – on the productivity of recruited scholars and their local peers in Chinese host universities. Using a comprehensive dataset of published scientific articles, we estimate effects on quantity and quality in a matched difference-in-differences framework. We observe neutral direct productivity effects for participants over a 6-year post-period: an initial drop is followed by a fully offsetting recovery. However, the program participants collaborate at higher rates with more junior China-based co-authors at their host institutions. Looking to peers in the hosting department, we observe positive and rising productivity impacts for peer scholars, equivalent to approximately 0.6 of a publication per peer scholar in the long-run. Heterogeneity analysis and the absence of correlated resource effects point to the peer effect being rooted in a knowledge spillover mechanism.
    Date: 2022
    URL: http://d.repec.org/n?u=RePEc:wrk:warwec:1416&r=
  2. By: Jussi T. S. Heikkila
    Abstract: The Journal of Economic Literature codes classification system (JEL) published by the American Economic Association (AEA) is the de facto standard classification system for research literature in economics. The JEL classification system is used to classify articles, dissertations, books, book reviews, and working papers in EconLit, a database maintained by the AEA. Over time, it has evolved and extended to a system with over 850 subclasses. This paper reviews the history and development of the JEL classification system, describes the current version, and provides a selective overview of its uses and applications in research. The JEL codes classification system has been adopted by several publishers, and their instructions are reviewed. There are interesting avenues for future research as the JEL classification system has been surprisingly little used in existing bibliometric and scientometric research as well as in library classification systems.
    Date: 2022–07
    URL: http://d.repec.org/n?u=RePEc:arx:papers:2207.06076&r=
  3. By: Richard S. J. Tol
    Abstract: It is unclear whether the hierarchy in the economics profession is the result of the agglomeration of excellence or of nepotism. I construct the professor-student network for laureates of and candidates for the Nobel Prize in Economics. I study the effect of proximity to previous Nobelists on winning the Nobel Prize. Conditional on being Nobel-worthy, students and grandstudents of Nobel laureates are not significantly more or less likely to win. Professors of Nobel Prize winners, however, are significantly more likely to win.
    Date: 2022–07
    URL: http://d.repec.org/n?u=RePEc:arx:papers:2207.04441&r=

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