Why GovernmentProvided Data May Actually Be Bad For The Economy

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News Source : Forbes

News Summary

  • When government supplies raw material for publishable research, academia starts to look more attractive to people who might otherwise take their skills elsewhere.
  • A useful dataset can do more than answer a clever research question; it can make an academic career more viable.
  • The right data might give a dissertation enough traction to become a whole sequence of papers.
  • The scale of the data subsidy is no longer small.
  • Data.gov reports 361,525 datasets in its catalog.
  • IPUMS reports 2.6 billion records, more than 2,500 datasets, and a user community above 340,000.
The new data age has made academic social science cheaper to produce. The downside is talented people are diverted from work that the market values more.

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