HKUST Ranked Top in Economics Research Productivity
30 November 1999, Hong Kong......HKUST was ranked the top university
in East Asia in terms of research productivity in economics, according
to a recent study published in the October 1999 issue of Economic Inquiry,
a highly respected journal in the field of economics.
The ranking was based on the frequency of appearance of their articles
in top journals over the period from 1990 to 1996, based variously on
top 24, top 36 and top 42 journals.
The researchers for the study, Jang C Jin and Louis Yau of the Chinese
University of Hong Kong, placed HKUST's performance in economics research
along with some of the best economics departments in the world.
The following are the top 10 East Asian universities, with their scores
in terms of total publication, standardized to the average page length
in the American Economic Review:
Rank University Top 36 Journals Top 24 Journals Top 42 Journals Per Capita Productivity HKUST 809.2 575.7 611.5 16.2 Chinese University of Hong Kong 618.8 487.5 596.4 11.5 University of Tokyo 425.8 249.7 301.0 5.8 National Taiwan University 242.4 165.5 210.7 6.5 National University of Singapore 191.1 96.3 203.0 around 2.0 University of Tsukuba 161.4 144.6 119.6 around 2.0 University of Hong Kong 127.8 93.9 118.0 around 2.0 Seoul National University 97.6 93.6 145.5 around 2.0 City University of Hong Kong 78.8 38.8 139.3 around 2.0 University of Osaka 71.9 61.9 74.8 around 2.0
The survey also compares the average annual research productivity in
East Asia with that in the United States. The results show that HKUST's
productivity falls alongside the University of Rochester and the University
of Illinois, which occupy places 16 - 17 in the United States, and ranks
quite a bit ahead of Cornell University.
Professor Leonard Cheng, Head of Economics, was pleased with the results.
"It has always been a culture of the school and the entire university
to pursue high quality research. By now, this culture has taken root.
We are delighted to be able to attract top researchers to join us and
at the same time provide a good environment for junior faculty to develop
their academic career. We know all along that we are one of the strongest
groups in East Asia, but a formal recognition of our standing based on
objective criteria will certainly bolster the spirit of our faculty,"
said Professor Cheng.
HKUST President Chia-Wei Woo added, "As an international financial center,
Hong Kong needs world-class economists to create knowledge, provide advice,
and develop talents. I am indeed delighted to see the recognition that
the international community of economists has bestowed upon HKUST's faculty
members. Also, it is good to note that HKUST and CUHK took the first two
places, leading the other universities in the region by an immense margin."
For further information, please contact the HKUST Business School:
May Hung Tel:(852)2358-8104 email: bmmhung@ust.hk
Elaine Chu Tel: (852)2358-8242 email: echu@ust.hk
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