Does the John Bates Clark Medal Boost Subsequent Productivity and Citation Success?

Chan, Ho Fai; Frey, Bruno S.; Gallus, Jana; Torgler, Benno

doi:10.2139/ssrn.2216732

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Does the John Bates Clark Medal Boost Subsequent Productivity and Citation Success?

University of Zurich, Department of Economics Working Paper Series Paper No. 111

44 Pages Posted: 27 Feb 2013

See all articles by Ho Fai Chan

Benno Torgler

Queensland University of Technology; CREMA; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

There are 2 versions of this paper

Date Written: February 1, 2013

Abstract

Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients’ subsequent research activity and status compared to a synthetic control group of nonrecipient scholars with similar previous research performance. We find evidence of positive incentive and status effects that raise both productivity and citation levels.

Keywords: Awards, Incentives, Research, John Bates Clark Medal, Synthetic control method

JEL Classification: A13, C23, M52

Suggested Citation: Suggested Citation

Chan, Ho Fai and Frey, Bruno S. and Gallus, Jana and Torgler, Benno, Does the John Bates Clark Medal Boost Subsequent Productivity and Citation Success? (February 1, 2013). University of Zurich, Department of Economics Working Paper Series Paper No. 111, Available at SSRN: https://ssrn.com/abstract=2216732 or http://dx.doi.org/10.2139/ssrn.2216732