MEASURING THE RESEARCH PERFORMANCE OF UK ECONOMICS DEPARTMENTS - AN APPLICATION OF DATA ENVELOPMENT ANALYSIS

The research output of economics departments in UK universities is assessed using data envelopment analysis. Results are compared with those obtained in the recent Universities Funding Council exercise. The results obtained are sensitive to the inclusion or otherwise of external funding as an input into the research process. A new method for assessing the relative performance of a number of data envelopment analyses is proposed.