Royal Society of New Zealand
11 Turnbull St, Thorndon
NBER Working Papers and Publications
|October 2015||The Effect of Public Funding on Research Output: the New Zealand Marsden Fund|
with Adam B. Jaffe, Victoria Larsen, Athene Laws: w21652
We estimate the impact of participating in the NZ Marsden Fund on research output trajectories, by comparing the subsequent performance of funded researchers to those who submitted proposals but were not funded. We control for selection bias using the evaluations of the proposals generated by the grant selection process. We carry out the analysis in two data frames. First we consider the researcher teams behind 1263 second-round proposals submitted 2003-2008, and look at the post-proposal publication and citation performance of the team as a whole, as a function of pre-proposal performance, the ranking of the proposal by the panel, and the funding. This estimation does not deal with individual researchers’ multiple proposals and funding over time. To disentangle these effects, we conside...