The Impact of Nobel Prize Winners in Economics: Mainline vs. Mainstream

American Journal of Economics and Sociology 71(5): 1219-1249

GMU Working Paper in Economics No. 12-43

31 Pages Posted: 26 Oct 2011 Last revised: 21 Apr 2013

See all articles by Peter J. Boettke

Peter J. Boettke

George Mason University - Department of Economics; Mercatus Center at George Mason University

Alexander Fink

University of Leipzig

Daniel J. Smith

Political Economy Research Institute and Department of Economics and Finance at Middle Tennessee State University

Date Written: October 26, 2011

Abstract

We assess the impact of two groups of economists; mainline economists, who regard economics primarily as the science of exchange and mainstream economists, who perceive economics primarily as the science of choice. To control for scholarly quality we investigate the citation impact of Nobel Prize winning economists, who we break up into the two groups, mainline and mainstream. We find that over the period from 1970 to 2007 mainline economists had more of an impact than mainstream economists.

Keywords: citations, SSCI, Nobel Prize in economics, mainstream, mainline

JEL Classification: A11, B20, N01

Suggested Citation

Boettke, Peter J. and Fink, Alexander and Smith, Daniel J., The Impact of Nobel Prize Winners in Economics: Mainline vs. Mainstream (October 26, 2011). American Journal of Economics and Sociology 71(5): 1219-1249; GMU Working Paper in Economics No. 12-43. Available at SSRN: https://ssrn.com/abstract=1949838 or http://dx.doi.org/10.2139/ssrn.1949838

Peter J. Boettke

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
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703-993-1149 (Phone)
703-993-1133 (Fax)

Mercatus Center at George Mason University ( email )

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Alexander Fink

University of Leipzig ( email )

Grimmaische Str. 12
Leipzig, 04109

HOME PAGE: http://www.alexander-fink.com

Daniel J. Smith (Contact Author)

Political Economy Research Institute and Department of Economics and Finance at Middle Tennessee State University ( email )

MTSU Box 190
1301 E. Main St.
Murfreesboro, TN 37132-0001
United States

HOME PAGE: http://www.danieljosephsmith.com/

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