Research Performance Indicators in Australian University Economics Departments, 1986-87**This article is a revised version of a paper presented to the Australian Association for Research in Education conference held at the University of New England, December 1988

The move towards greater public sector efficiency has meant considerable changes in resource allocation to higher education. An efficient and equitable restructuring of the sector will be greatly assisted by the sensible use of appropriate performance indicators. This article extends previous work, which looked at the quantity of refereed publications, by developing research performance indicators based on citations, research grants and peer review. Whilst there is a moderately strong positive relationship between the quantity of publications and citations indicators, rcscarch funding seems to be of quite limited importance to economics departments, and peer reviews need to be checked against more objective measures.