Abstract
The funding for research activities in English universities from 1993/94 on is based on a formula allocation which has many apparent anomalies: variations in the standardised sums available per discipline bear little relationship to interdisciplinary differences in research costs. Using data released by the Higher Education Funding Council for England, I seek to understand how those differences have come about. Only 43% of the variation could be accounted for statistically by a simple classification of disciplines into clinical, science, and social science/humanities. A further 17% was associated with four other factors reflecting institutional differences in aspects of the disciplines which could have been taken into account when the allocation formula was determined—but which were not. The conclusion is that a much fairer system can and must replace that currently operated.

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