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  • P-ISSN 2586-2995
  • E-ISSN 2586-4130
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KDI Journal of Economic Policy. Vol. 38, No. 2, May 2016, pp. 63-85

https://doi.org/10.23895/kdijep.2016.38.2.63

× KDI Open Access is a program of fully open access journals to facilitate the widest possible dissemination of high-quality research. All research articles published in KDI JEP are immediately, permanently and freely available online for everyone to read, download and share in terms of the Creative Commons Attribution 4.0 International License.

The Impact of Government Support of Graduate Schools on the Research Productivity of Professors and Students

JIN-YEONG KIM

Author & Article History

Manuscript received 28 March 2016; revision received 28 March 2016; accepted 16 April 2016.

Abstract

This paper examines the effects of major funding projects for graduate education in Korea, specifically the BK21 and the WCU programs, on the research productivity of professors and young researchers. We apply the standard DID method, which compares the increase in research outputs as measured by papers per year between groups before and during the project period. The DID estimates show that the effects are quite different for different fields, but they mostly indicate that the BK21 project is more effective in terms of the research productivity of the participating professors, especially those who study science and engineering areas. With regard to the productivity of graduate students, the results show that there was an increase in the research productivity of locally educated Korean doctoral degree holders after the graduate funding programs, mainly in natural science and engineering fields.

Keywords

Research fund, Research Productivity, BK21, WCU

JEL Code

I23, H52, J44

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