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Why is economics research so dominated by US universities?

27 replies

justanotherdaduser · 04/04/2024 07:40

I was researching economics degrees in various universities, including some EU based ones, as DD recently started showing interest in this area and was wondering how come the field has become so completely dominated by US unis?

Looking at most cited papers or any other similar such measure of influence shows overwhelming majority of researchers affiliated to US institutions (surprisingly few Oxbridge)

For example : ideas.repec.org/top/top.person.nbcites.html

I studied economics a long time ago but don't work in this area and didn't really notice the change until now.

When and how did this happen? It wasn't always so. Definitely post Second World War, there were number of influential British and other European economists (affiliated to local institutions) that shaped debates here and in other parts of the world. But things seem to have changed I guess?

OP posts:
justanotherdaduser · 05/04/2024 12:12

Thank you @Needmoresleep . Very informative post.

OP posts:
mitogoshi · 05/04/2024 12:17

It's partly funding models. Far more us university funding comes from philanthropic efforts rather than the U.K. model of government funding which favours sciences.

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