Assesing the Impact of Public Research Funding on Scientific Production the Case Study from Slovakia

Similar documents
tm / / / / / / / / / / / / Statistics/Data Analysis User: Klick Project: Limited Dependent Variables{space -6}

Module 4 Bivariate Regressions

[BINARY DEPENDENT VARIABLE ESTIMATION WITH STATA]

Example 2.3: CEO Salary and Return on Equity. Salary for ROE = 0. Salary for ROE = 30. Example 2.4: Wage and Education

ECON Introductory Econometrics. Seminar 4. Stock and Watson Chapter 8

Final Exam - section 1. Thursday, December hours, 30 minutes

Quantitative Techniques Term 2

EC327: Limited Dependent Variables and Sample Selection Binomial probit: probit

u panel_lecture . sum

The relationship between GDP, labor force and health expenditure in European countries

WP 3 - Innovation and Access to Finance Project Steering Meeting and Stakeholders Meeting September 2016

University of Iceland May 12th Helga Kristjánsdóttir

Logistic Regression Analysis

A COMPARATIVE ANALYSIS OF REAL AND PREDICTED INFLATION CONVERGENCE IN CEE COUNTRIES DURING THE ECONOMIC CRISIS

ECON Introductory Econometrics Seminar 2, 2015

1) The Effect of Recent Tax Changes on Taxable Income

Model fit assessment via marginal model plots

Effects of increasing foreign shareholding on competition in telecommunication industry

Problem Set 9 Heteroskedasticty Answers

Econ 371 Problem Set #4 Answer Sheet. 6.2 This question asks you to use the results from column (1) in the table on page 213.

İnsan TUNALI 8 November 2018 Econ 511: Econometrics I. ASSIGNMENT 7 STATA Supplement

Morten Frydenberg Wednesday, 12 May 2004

An Introduction to Event History Analysis

F^3: F tests, Functional Forms and Favorite Coefficient Models

sociology SO5032 Quantitative Research Methods Brendan Halpin, Sociology, University of Limerick Spring 2018 SO5032 Quantitative Research Methods

Modeling wages of females in the UK

The Impact of International Patent Systems: Evidence from Accession to the European Patent Convention. November 2017

Introduction to fractional outcome regression models using the fracreg and betareg commands

Maximum Likelihood Estimation Richard Williams, University of Notre Dame, Last revised January 13, 2018

Distributions in Excel

Sociology Exam 3 Answer Key - DRAFT May 8, 2007

2 H PLH L PLH visit trt group rel N 1 H PHL L PHL P PLH P PHL 5 16

Effect of Health Expenditure on GDP, a Panel Study Based on Pakistan, China, India and Bangladesh

Getting Started in Logit and Ordered Logit Regression (ver. 3.1 beta)

South African Dataset for MAMS

Maximum Likelihood Estimation Richard Williams, University of Notre Dame, Last revised January 10, 2017

Econometrics is. The estimation of relationships suggested by economic theory

Categorical Outcomes. Statistical Modelling in Stata: Categorical Outcomes. R by C Table: Example. Nominal Outcomes. Mark Lunt.

U.S. Consumer Willingness to Pay Price Premiums for Certified Wood Products

Module 9: Single-level and Multilevel Models for Ordinal Responses. Stata Practical 1

Religion and Volunteerism

Longitudinal Logistic Regression: Breastfeeding of Nepalese Children

Regression Discontinuity Design

Your Name (Please print) Did you agree to take the optional portion of the final exam Yes No. Directions

Do M&As Create Value for US Financial Firms. Post the 2008 Crisis?

Development, Democracy, and. Corruption - Online Appendix

Table 4. Probit model of union membership. Probit coefficients are presented below. Data from March 2008 Current Population Survey.

Two-stage least squares examples. Angrist: Vietnam Draft Lottery Men, Cohorts. Vietnam era service

Cameron ECON 132 (Health Economics): FIRST MIDTERM EXAM (A) Fall 17

Heteroskedasticity. . reg wage black exper educ married tenure

ANNEX 3.A1. Description of indicators and method

Getting Started in Logit and Ordered Logit Regression (ver. 3.1 beta)

The data definition file provided by the authors is reproduced below: Obs: 1500 home sales in Stockton, CA from Oct 1, 1996 to Nov 30, 1998

Creation of Synthetic Discrete Response Regression Models

Example 7.1: Hourly Wage Equation Average wage for women

Business Friendly Slovakia. Slovak Ukrainian Forum, Košice April 20-23, 2015

THE EFFECTS OF THE EU BUDGET ON ECONOMIC CONVERGENCE

Advanced Econometrics

Allison notes there are two conditions for using fixed effects methods.

An analysis of the compatibility between disability pensions and employment in Spain * Host Country Report. Introduction HOST COUNTRY REPORT

STATA log file for Time-Varying Covariates (TVC) Duration Model Estimations.

Aleksandra Dyba University of Economics in Krakow

Handout seminar 6, ECON4150

Impact of Stock Market, Trade and Bank on Economic Growth for Latin American Countries: An Econometrics Approach

Professor Brad Jones University of Arizona POL 681, SPRING 2004 INTERACTIONS and STATA: Companion To Lecture Notes on Statistical Interactions

Problem Set 6 ANSWERS

Example 8.1: Log Wage Equation with Heteroscedasticity-Robust Standard Errors

ENTREPRENEURSHIP AND TAXATION: RELATIONSHIP BETWEEN THE CORPORATE TAX RATE AND THE NEW BUSINESS FORMATION IN THE CZECH REPUBLIC

Spatial allocation of EU cohesion policy funding in Slovakia

Survey response for the Slovak Republic

Manufacturing in Slovak Republic. Machinery. Sami Humala & Petr Hornicky Finpro Czech Republic February Finpro 1

Labor Market Returns to Two- and Four- Year Colleges. Paper by Kane and Rouse Replicated by Andreas Kraft

Time series data: Part 2

Revista Economică 69:3 (2017) CAPITAL STRUCTURE ON ROMANIAN LISTED COMPANIES A POST CRISIS INSIGHT

TAX TREATMENT OF EDUCATION AND TRAINING BULGARIAN EXPERIENCE. 3 rd Meeting of the SEE Working Group on Tax Policy Analysis June 2010 Sofia

Why do the youth in Jamaica neither study nor work? Evidence from JSLC 2001

An Examination of the Impact of the Texas Methodist Foundation Clergy Development Program. on the United Methodist Church in Texas

Labor Force Participation and the Wage Gap Detailed Notes and Code Econometrics 113 Spring 2014

Assignment #5 Solutions: Chapter 14 Q1.

Day 3C Simulation: Maximum Simulated Likelihood

National Accounts of Tajikistan

The Multivariate Regression Model

Catherine De Vries, Spyros Kosmidis & Andreas Murr

Evaluation in : Challenges and Opportunities First annual conference of the National Coordination Authority s Evaluation Unit

Diploma Part 2. Quantitative Methods. Examiner s Suggested Answers

The Impact of Conservatism Policy on Reporting Quality in Jordanian Banks Sector

Determinants of demand for life insurance in European countries

*1A. Basic Descriptive Statistics sum housereg drive elecbill affidavit witness adddoc income male age literacy educ occup cityyears if control==1

The effect of female labour force in economic growth and sustainability in transition economies - case study for SEE countries

Impact of Minimum Wage and Government Ideology on Unemployment Rates: The Case of Post-Communist Romania

Proceedings of the 5th WSEAS International Conference on Economy and Management Transformation (Volume II)

Underwater mortgages and mortgage default risk in a recourse market

Estimating Ordered Categorical Variables Using Panel Data: A Generalised Ordered Probit Model with an Autofit Procedure

SHARE and SHARELIFE The collection of longitudinal data on older adults in Europe

Nonlinear Econometric Analysis (ECO 722) Answers to Homework 4

International Journal of Multidisciplinary Consortium

Key words: local economic impact, big event, European capital of culture, assessment of attendance

Rationale. Learning about return and risk from the historical record and beta estimation. T Bills and Inflation

NOTES TO THE PRODUCTS OF THE SUPPLEMENTARY PENSION SAVING SCHEME

THE INFLUENCE OF INSURANCE MARKET ON THE ECONOMIC DEVELOPMENT OF UKRAINE

Transcription:

Assesing the Impact of Public Research Funding on Scientific Production the Case Study from Slovakia Alexandra Lešková Ph.D. Candidate Department of Public Administration and Regional Development Faculty of National Economy University of Economics in Bratislava, Slovakia E-mail: alexandra.leskova@euba.sk

Introduction Governments all over the world spend annually millions on providing support for research and development Research requires substantial funding and states are interested in investing in this area as it contributes to scientific knowledge and economic growth (Romer, 2012) Moreover, knowledge produced by basic research provides positive externalities for the whole society (OECD, 2014) The key players in producing basic research in OECD countries are public universities (OECD, 2014) Thus a high volume of public funding is devoted to them by different schemes and ways of funding (EUA, 2015)

Research funding of universities in Slovakia National institutional funding: Subsidies for R&D infrastructure operation and development including scholarship for Ph.D. students and personal remuneration based on publications dependent on performance indicators of university such as share of university on research grants in previous years, number of PhD. students or share on publications Support for top research teams identified by Accreditation committee The Cultural and Education Grant Agency The Scientific Grant Agency both work on competitive basis and support public universities and the Slovak Academy of Science National funding of special purposes: Slovak Research and Development Agency Basic and applied R&D carried out by public sector, universities, business sector and non-profit sector (Ministry of Education, 2015) Foreign sources: Research Agency Sources from EU funds

Source: Ministry of Education, Science, Research and Sport of SR. 2016. Report of the state of research and development in the Slovak Republic and its comparison with abroad for the year 2015 Graph 1 Sources of Funding for Public Universities in 2015 in million 131,21 259,63 9,36 2,50 13,54 Infrastructure operation and development Scientific Grant Agency Cultural and Education Agency Slovak Research and Development Agency Research Agency

Introduction With limited finance, understanding the impact of government expenditures is crucial. Especially for policy makers, who may want to know how the marginal impact of a euro of research funding varies across researcher, institution or field This study is a pilot study in Slovakia measuring an effect of volume of funding on scientific production Moreover, we try to identify other variables that could have an influence on knowledge production

Methodology A good indicators of research output are considered to be scientific publications registered in important databases (Hicks, 2012, Moed et al., 2004; Ebadi a Schiffauerova, 2015; Tahmooresnejad et al., 2015) Especially in a field of social science where practically no patent activity exists Because EU funds do not always yield in publications, it would be difficult to analyse precisely outputs from this support Slovak Research and Development Agency usually supports huge research teams from different organizations (business sector) and the data about the outcomes from the projects are limited Thus we focus on the outcomes of the grants received from the Scientific Granty Agency

Methodology Focus on the field of economics since it is not highly dependent on infrastructure Projects run from 2010 to 2015 under two different faculties of economics - the Faculty of National Economy of the University of Economics in Bratislava (UEBA) and the Faculty of Economics of the Technical University of Košice (TUKE) the best performers in the field of economics in Slovakia according to the yearly evaluation of the Academic Rating Agency 52 projects in total, 32 by UEBA

Methodology Our dependent variables are count data and various models for count data have been already used The Poisson model is often employed by studies (Tahmooresnejad et al., 2015; Riphahn et al, 2003). However, because of the over-dispersion in data, some authors recommend the Negative Binomial Regression (Payne and Siow, 2003; Tahmooresnejad et al., 2015; Ebadi and Schifauerova, 2015).

Regression Models NoScop it = f(fund1 it 1 + size it +ascop1 it 1 + areg1 it 1 + amono1 it 1 + loc2 it + wom it + acoscop it ) NoReg it = f(fund1 it 1 + size it +ascop1 it 1 + areg1 it 1 + amono1 it 1 + loc3 it + wom it + acoreg it ) NoScop it, NoReg it - number of indexed (Scopus, Wos) and non-indexed articles from project fund1 it 1 - amount of funding in project size it - the size of a project team ascop1 it 1 - average past productivity in indexed journals areg1 it 1 - average past productivity in non-indexed journals amono1 it 1 - average past productivity in monographies and chapters loc2 it, loc3 it - dummy for Bratislava region wom it - a share of women in project acoscop it, acoreg it - average number of coauthors publishing an article

Table 1 Regression results on number of articles indexed in Scopus, Web of Science Zero-inflated negative binomial regression Number of obs = 416 Nonzero obs = 40 Zero obs = 376 Inflation model = logit Wald chi2(7) = 107.39 Log pseudolikelihood = -90.55709 Prob > chi2 = 0.0000 noscop Coef Robust Std. Err. z P>z [95% Conf. Interval] noscop ascop1 1.268688.3182342 3.99 0.000.6449604 1.892416 areg1 -.0279947.1750308-0.16 0.873 -.3710488.3150594 amono1.4914995.4764852 1.03 0.302 -.4423944 1.425393 acoscop 1.254197.1675763 7.48 0.000.925753 1.58264 wom 1.84876.8851608 2.09 0.037.113877 3.583644 size.1003161.0332663 3.02 0.003.0351154.1655168 lfund1.0206672.0572065 0.36 0.718 -.0914554.1327898 _cons -5.370841.5196095-10.34 0.000-6.389257-4.352425 inflate loc2-21.92293.4086606-53.65 0.000-22.72389 21.12197 _cons -17.40921.266004-65.45 0.000-17.93057-16.88785 /lnalpha -.4696039.4577697-1.03 0.305-1.366816.4276082 alpha.6252498.2862205.2549173 1.533585

Table 2 Regression results on number of non-indexed articles Zero-inflated negative binomial regression Number of obs = 416 Nonzero obs = 100 Zero obs = 316 Inflation model = logit Wald chi2(7) = 624.42 Log pseudolikelihood = -248.4838 Prob > chi2 = 0.0000 noreg Coef Robust Std. Err. z P>z [95% Conf. Interval] noreg ascop1.3086962.3829817 0.81 0.420 -.4419341 1.059326 areg1.2850654.1023728 2.78 0.005.0844184.4857124 amono1.3316173.2454336 1.35 0.177 -.1494237.8126584 acoreg 1.199894.2046403 5.86 0.000.7988066 1.600982 wom 1.79404.3645993 4.92 0.000 1.079439 2.508642 size.1124644.0168158 6.69 0.000.079506.1454228 fund1.0000707.0000219 3.23 0.001.0000278.0001135 _cons -4.060813.2183567-18.60 0.000-4.488785-3.632842 inflate loc3-26.11894 1.146485-22.78 0.000-28.36601-23.87188 _cons -15.70589 1.105392-14.21 0.000-17.87242-13.53936 /lnalpha -.8144709.289519-2.81 0.005-1.381918 -.2470241 alpha.4428736.1282203.2510966.7811219

Conclusion Funding is not always a key factor of quality When the goal is quality, projects should be approved for larger research teams with previous publications of higher quality (indexed journals) Possibly with some share of women in project team Research colaboration is important factor with possitive effect Internal regulation at university may influence scientific outputs

Thank you for your attention.