These rankings are based on papers published and cited in nearly 200 Thomson Scientific-indexed journals of economics & business between 1995 and April 2005. The selected journals represent the subfields of economics, finance, accounting, and management. In the total-citations ranking, no institution surpassed the National Bureau of Economic Research (NBER), headquartered in Cambridge, Massachusetts, and its 30,000+ citations. The NBER also represents something of a special case, since the "associate" authors under its auspices are based at other institutions, and both addresses are typically listed on their published papers. The most-cited NBER study in this survey, for example, "The economics of immigration," by George J. Borjas (J. Econ. Lit., 32[4]:1667-1717, 1994), cited approximately 270 times, carries both the NBER address and that of the University of California, San Diego. (Note: Borjas is now affiliated with Harvard University.) So, in this and every such instance, NBER and all other listed institutions receive equal citation credit. Clearly, the numbers indicate that NBER-affiliated authors have published significant research over the last decade, in the judgment of the wider economics & business community. Ranking second among institutions, both in the total-citations and impact columns, is Harvard University. As it happens, the most-cited paper in this survey features a Harvard researcher, Gary Pisano, one of three co-authors of "Dynamic capabilities and strategic management," (Strategic Manage. J., 18[7]: 509-33, 1997), now cited more than 600 times. The paper’s first author, David J. Teece of the University of California, Berkeley, appears in the #10 spot in the table of highly cited researchers. Along with Harvard and the NBER, two other institutions rank in
the top five on both lists—the University of Chicago (first in impact), and
MIT. All are part of a select group of seven that monopolizes the top 10 in each
column: the aforementioned, along with Stanford University, Northwestern
University, and the University of Pennsylvania. In all, the table offers a
contrast from similar Science Watch rankings in which large, prolific Among the authors, the top four names—Andrei Shleifer (pictured), Robert W. Vishny, Rafael LaPorta, and Florencio Lopez-de-Silanes—collaborate on two of this survey’s most-cited papers (R. LaPorta,et al., "Law and finance," J. Polit. Econ., 106[6]: 1113-55, 1998, cited nearly 400 times; and R. LaPorta, et al., "Legal determinants of external financing," J. Finance, 52[3]: 1131-50, 1997, with more than 330 citations). An examination by country demonstrates the preponderant
representation of U.S. and English-language papers in Thomson-indexed research
in economics & business since 1995. In output and citations, the United
States is first with 1,108 papers and 79,363 total citations. There are 132
papers with at least one England address, collectively accounting for 8,288
citations. Canada is next, with 58 papers tallying 4,120 citations, followed by
France and its 33 papers cited 2,092 times.
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