Elham Erfanian and Amir Borges Ferreira Neto, two RRI graduate research assistants, were co-recipients of the monetary award for Best Paper in Economics by a Graduate Student at the Academy of Economy and Finance. The presentation took place at the Academy’s 54th annual conference in late February in Charleston, SC.
The Academy is celebrating its 50th year; its mission is to support the increasing role played by financial economists and finance specialists. Originally more regional in nature, it began in Mississippi, its membership base had expanded over the years to include members from many states in addition to areas outside the borders of the United States.
Erfanian, also a doctoral candidate in Agricultural and Resource Economics, said, “I am so glad to win the award. We started the paper from an assignment for our econometrics II course. Adding a spatial dimension to the research enabled us to ask more questions about the effects that R&D elements has on research output. Incorporating spatial dimension and measuring neighboring effects helps regional economists to incorporate the spillover effects in research and development literature and that leads to more realistic policy implementations.”
Borges Ferreira Neto had this to say, “I am very happy to have won the outstanding graduate student paper award in Economics as it tells me I am on the right path as a researcher. With respect to regional science, this paper’s main contribution is to re-introduce the importance of looking at this other facet of innovation, namely, the production of science (journal articles) instead of usual measure: patents.”
The name of the winning paper they co-authored is Scientific output: labor or capital intensive? An analysis for selected countries . In the paper, they explain why “policy-makers should understand how the different inputs – namely labor and capital – are related to a country’s scientific output.” They address this issue by “estimating output elasticities for labor and capital using a panel of 31 countries in nine years.”
Dr. Randall Jackson, RRI Director had this to say about the winners, “We are very proud of Elham and Amir, who have now joined the ranks of other RRI graduate student award winners. Recognitions like these reinforce the value and benefits of direct graduate student participation in funded research projects, from inception through research communications.”
The two authors will have their paper published in an upcoming issue of Scientometrics, an international journal for all quantitative aspects of the science of science, communication in science and science policy.