On February 8, 2022, Research.com released the 1st edition of the annual ranking for top scientists in the area of economics and finance. This list of leading scholars is designed to offer the academic community more visibility and exposure to the influential research contributions made by those at the forefront of economics and finance.
What is more, we hope it will inspire researchers, decision-makers, and entrepreneurs around the world to find out where leading experts are heading. It is a great opportunity for all of us to learn who are the leading experts in different research areas, in different countries, as well as within different universities and research institutions.
For the 2022 edition of the ranking, more than 7858 scientist profiles on Google Scholar and Microsoft Academic Graph have been examined with several indicators and metrics reviewed in order to consider each scientist’s inclusion in the ranking.
The h-index threshold for approving a scholar to be considered was set to 30 if most of their publications were in the field of Economics and Finance. The inclusion criteria for scholars to be considered into the ranking of top scientists are based on the discipline h-index, proportion of the contributions made within the given discipline in addition to the awards and achievements of the scientists.
The full ranking for the 2022 list of top economics & finance scientists can be found here:
TOP ECONOMICS & FINANCE SCIENTISTS RANKING
Scientists from the United States dominate the list with 626 scholars included in 2022 which represents 62.6% of the whole ranking. 9 out of 10 scientists in the top 1% are from the United States (the remaining one is from the United Kingdom).
The United Kingdom ranks second with 108 scientists.
The third spot was taken by Germany, which currently has 36 ranking scientists.
The other leading countries are Australia with 29 scientists, the Netherlands with 27 scientists, Switzerland with 22 scientists, and Italy with 20 scholars.
Please note that the country associated with a scientist is based on their affiliated research institution according to MAG, not on their actual nationality.
In the 2022 edition of our ranking, Harvard University is the clear leader, with 55 scientists affiliated with that university included in the ranking. Ranking second is MIT with 35 scientists, and the third place is occupied by New York University with 32 scholars.
9 out of 10 institutions in the top 1% are based in the USA, the only exception being the University of Sussex ranked 6th.
It is worth noting though, that in the top 1% of the ranking there is a significant variance of institutions present, with only Harvard University and University of California, Berkeley having 2 of their representatives present there.
The most important ranking institutions that are not universities are The World Bank with 17 affiliated scientists, the US National Bureau of Economic Research with 9 scholars, and the International Monetary Fund with 7 researchers.
Among 20 leading institutions 15 are universities based in the US, three are based in the United Kingdom (London School of Economics and Political Science, University of Oxford, and University of Cambridge) one is an international institution (The World Bank) and one is based in Italy (Bocconi University, a private university in Milan).
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Professor Andrei Shleifer, from Harvard University, US, tops the list of leading scientists with a high H-index of 172.
For Europe, Professor Richard S. J. Tol from the University of Sussex, UK is ranked the first in the region, but he’s also listed in the top 1% with a world ranking of 6.
Professor Muhammad Shahbaz from Beijing Institute of Technology, China leads the top list in Asia with an H-index of 94 and a world ranking of 63.
For Oceania, Professor David A. Hensher from the University of Sydney in Australia is on top of the list with a world ranking of 67.
Professor Simplice A. Asongu who is affiliated with the University of South Africa is the first for Africa with a world ranking of 328.
Professor Benjamin Miranda Tabak from Brazilian Fundação Getulio Vargas is the highest-ranking scientist from South America with a world ranking of 524.
The average H-index for the top 1% of scientists is 144.4 against an average of 61.42 for all 1000 scientists included in the ranking.
The scholar with the lowest index value who made it to the ranking in 2022 has an H-index of 43.
The average number of published articles for the 1% scientists in the ranking is 422 against an average of 175 for all 1000 scholars.
The average number of citations for the top 1% of scientists is 179,960 against an average of 32,801 for all 1000 scholars. The highest cited scientist is Andrei Shleifer from Harvard University with 402,840 citations.
You can learn more about the methodology used to create the ranking here.
All research was coordinated by Imed Bouchrika, PhD, a computer scientist with a well-established record of collaboration on a number of international research projects with different partners from the academic community. His role was to make sure all data remained unbiased, accurate, and up-to-date.
Research.com is the number one research portal for science rankings. Our mission is to make it easier for professors, research fellows, and those studying for a PhD or a master’s degree to progress with their research and to ensure they are always up-to-date with the latest conferences around the world and publications related to their work. Research.com is also involved in the publication of an annual ranking of leading scientists in a wide range of scientific disciplines.