Research On The Relationship Between Economist Resources And Economic Development

In today's rapid economic development,economists are people who are more concerned and valued in every country.People will evaluate or rank economists based on the contributions of economists and their theoretical creativity and innovation.The Nobel Prize in Economics is hailed as the highest award in the economics profession.The IDEAS database also has a general ranking of world economists..These famous economists will have a certain impact on the research of the economic theory,the dissemination of economic knowledge,the formulation of the national economic policy,and the prediction of the development of enterprises.Will these influences promote the development of the national economy? Is there really such a big link between the resources of economists and the country's economic development?This article is mainly based on the scholars who have won the Nobel prize in economics and the economists who have entered the world rankings.First,we analyze the basic characteristics of the Nobel Economics Prize winners and the world ranking top5% economists(2006 and 2016),and the statistics found that most of the famous economists in Europe and the United States;Then,the number of Nobel economics winners and the number of economists entering the rankings were tested for correlation with the economic development indicators of countries that have won the Nobel Prize in economics and major economies in the world.It is found that the number of famous economists has a significant positive correlation with the total amount of national GDP,and has a positive correlation with per capita GDP but not significant,but it is not related or even negatively related to the growth rate of GDP,and there is no significant correlation with other economic development indicators.In that case,why is the Nobel Prize in Economics focused on European and American countries(mainly the United States)? On the one hand,strong economic power has contributed to the emergence of well-known economists;while countries with a large number of prominent economists such as the United States,their economic growth rate is not the highest,and other indicators are not the best,then why is the United States still monopolize the Nobel Prize in Economics and occupy the list of economists? The analysis finds that not only is the economic strength strong,the evaluation process of the economists' nomination and the economists ranks has a certain tendency,they are more liked by American economists,and they mainly advocate Western mainstream economics.The fundamental reason is that the United States has a lot of discourse power in the selection process,with a certain class position and ideological color,so more American economists will receive the Nobel Prize in economics,while other countries is excluded.Finally,we should maintain a rational understanding of the Nobel Prize in Economics and the ranks of economists.