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

Peter J. Boettke

George Mason University - Department of Economics

Alexander Fink

University of Leipzig

Daniel J. Smith

Middle Tennessee State University - Department of Economics and Finance

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
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

Alexander Fink

University of Leipzig ( email )

Grimmaische Str. 12
Leipzig, 04109

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

Daniel J. Smith (Contact Author)

Middle Tennessee State University - Department of Economics and Finance ( email )

MTSU Box 27
1301 E. Main St.
Murfreesboro, TN 37132-0001
United States

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

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