Empirica - AUSTRIAN ECONOMIC PAPERS International Impact of Austrian Economists Gerhard Clemenz, Klaus Neusser*) Zusammenfassung Die vorliegende Arbeit versucht, den Beitrag 5sterreichischer Universit&ts- und Forschungsin- stitute zur internationalen Forschung in den Wirtschaftswissenschaften anhand von Publika- tionen und Zitationen ffir den Zeitraum 1980 bis 1989 quantitativ zu erfassen. Die Ergebnisse zeigen, dab 6sterreichische 0konomen in internationalen, besonders in anglo-amerikani- schen Zeitschriften wenig pr&sent sind, wobei erhebliche Unterschiede zwischen den einzel- nen Universit&tsinstituten bestehen. Abstract This paper attempts to document the contributions of Austrian economists to the develop- ment of economics. To this purpose we investigated the publications in international econom- ics journals as well as citations of Austrian economists in the period from 1980 to 1989. Our results show only a very limited presence of Austrian economists in the ongoing scientific dis- cussions, with marked differences between university departments. 1. Introduction Once upon a time the "Austrian School of Economics" was world famous, and economists working or at least trained in Austria played a very active role in the development of our dis- cipline. The list of Austrian economists is very impressive indeed, ranging from C. Menger and E. B6hm-Bawerk, the founding fathers of the Austrian School, over, among so many oth- ers, J. Schumpeter and O. Morgenstern to F. A. Hayek, the only Nobel laureate in economics to date who is of Austrian origin(I). The purpose of our study is to shed some light on the *) We are greatly indebted to R. Niegl (Universit~.tsbibliothek Wien), D. Spenger (University of Regens- burg), and H. Wurm (University of Vienna) for compiling and processing the data. The circulation of earlier drafts as well as the presentation of our study at WlFO and IHS has aroused various responses, comments, and suggestions, most of them very interesting and stimulating, but too numerous to thank each of our colleagues individually. We feel, however, especially indebted to Gun- ther Tichy and Alexander Van der Bellen for their extensive written comments. Finally, we would like to thank three anonymous referees and the editor for valuable suggestions. (1) In the Stigler - Friedland (1979) ranking of the most frequently cited economists in the years 1886 to 1925 E. E~hm-Bawerk and J. A. Schumpeter take positions 3 and 21. A similar ranking for the year 1925 to 1969 lists G. Haberler, F. A. Hayek, J. A. Schumpeter, and F. Machlup on positions 8, 16, 25, and 31. Vol. 18, No. 2, 1991 201