Lucas (1988) hypothesised that human capital externalities explain persistent productivity growth and become manifest via interactions between workplace colleagues. Consistent with the first part of this hypothesis, Fox and Milbourne (2006) concluded that an increase in the average level of...

We investigate the output of top economics research by Australian academics from 2001 to 2010. By constructing a unique database of 26,219 publications in 45 top journals, we compare Australia's output internationally, determine whether Australia's output increased, and rank Australian...