ON THE RELATION BETWEEN MANAGEMENT AND ECONOMICS FROM THE PERSPECTIVE OF INSTITUTIONAL STATISTICS

Every country’s economic development affects all levels of its society and thus the results of its social science research. To make social science research better serve their economic development, many countries have established social science research institutes, among which are management research institutes more related to economic research institutes. Through comparative research of the locations and founding dates of the institutes in different countries, this article analyses the development trends and the relationship between economics and management research, providing us with the relevant experience and background for planning purposes.


INTRODUCTION
Every country's economic development affects all levels of society and thus the results of its social science research. To make social science research better serve their economic development, many countries have established social science research institutes, among which are management research institutes more related to economic research institutes. This article uses the data contained in the Chinese Academy of Social Science's Humanities and Social Science Organization Manual of the World database as its primary foundation. Through a comparative research of the location and founding dates of social science institutes in different countries, this article analyses the development trends and the relationship between economics and management research.

THE SUBJECT DISTRIBUTION AND RANK OF INSTITUTES ABROAD
In the Manual of Humanities and Social Science Institutes Abroad database, there are a total of 4850 institutes.
By analyzing the subject distribution and understanding the research conditions in such institutes abroad, we can analyze the importance of management in these institutes. The subject distribution and rank in institutes abroad are shown in Table 1

Data analysis
From Table 1, the top ten subjects studied in institutes abroad are: economics, sociology, regional research, politics, management, education, law, history, linguistics, and cultural studies. The number of institutes whose subject ranks in the top 10 is 69% of the total number of institutes. Among these institutes, those studying economics have the greatest number, 18% of the total, while management institutes are 7% of the total, ranking fifth. The figures above illustrate that the world pays attention to the study of economics and management.
Therefore this research has great relevancy.

National distribution of economics research institutes
In a statistical analysis of the data of the economics research institutes in all countries in the database, we can

Data analysis
The above ranking illustrates that the number of economics institutes established in 1990s is the highest, the number established in the 1920s is greater than in 1930s, the trend is that the number of institutes increases year by year. Because the statistical data ends at the first half year of 2005, we can see that in less than 5 years, 55 economics research institutes have been established throughout the world. From the above figures, in the first ten years of the 21st century, establishment of economics research institutes should be close to the level in the 1980s.
These results indicate that the trend in establishing economics research institutes is increasing and also that for all countries economics research is being emphasized along with economic development.

Country by country distribution of economics institutes in different years
The top ten countries with economics research institutes are ranked by year. We can analyze their position in different years.
Country by country distribution of economics institutes in different years is as follows:

Statistical data
The data above illustrates that before 1900 there were few economics institutes abroad, only Russia had one. In the period 1900-1909, only Britain and Germany had such an institute. In 1910-1919, there were again only two institutes, both in Germany. In 1920-1929, the United States and Japan established economics research institutes.
In both 1930-1939 and 1940-1949 Japan ranked first in number of institutes, and the USA and Germany ranked second. In 1950-1959, the number of German economics institutes ranked first, and Russia and Japan ranked second. In 1960-1969, the number of Japanese economics institutes ranked first, Korea ranked second, and the United States ranked third. In 1970-1979, the number of economics institutes in the United States ranked first, Japan ranked second and Korea and Britain ranked third. In 1980 -1989, the United States ranked first, and the quantity increased quickly. Korea also increased quickly, ranking second, and Japan ranked third. In 1990-1999, besides in the United States, the number of economics research institutes in other countries, such as Russia, Germany, Britain, and Australia also increased quickly. Countries are ranked: The United States the first, Russia second, and Korea and Germany third. In 2000-the first six months of 2005 also can see the number of Russia's economics research institutes ranked first, and France's institutes increased quickly.

Data analysis
(a) Countries that established economics research institutes early on are economically powerful. These countries are Russia, Germany and Japan; Germany ranked first 3 times before the 1960s In 1950-1969, the number of economics research institutes in Russia was growing rapidly.
(b) After the 1960s countries that were rapidly developing economics research institutes were also countries with rapidly developing economies. After the 1960s, the number of the USA's economic research institutes ranked first. The number of the USA's institutes ranked first three times, reaching the highest point in the 1990s. illustrating that Russia has strengthened its research on economics over the years. Although Korea did not rank first, it has ranked third from the 1960s to the 1990s. This shows that economics research in Korea is growing continuously. This data provides a positive correlation between economic development and the foundation of economics research institutes.
(c) As Bangladesh has occupies the top ten in some years, it is a country to pay attention to. Economics research institutes develop rapidly is a country whose economy is developing quickly. Because of the positive correlation between economic development and the foundation of economics research institutes, we must pay more attention to the economic development in Bangladesh.

Country by country distribution of management research institutes
We compare the country-by-country distribution of management research institutes in all countries in the database and compare these numbers with the distribution of the economics institutes in the different countries to find the commonality.
The top ten countries with management research institutes are given in Pakistan 10 Malaysia 9 Table 5. The top ten countries with management research institutes

Statistical data
The order of the top ten countries with management research institutes is as follows: USA, Korea, Britain, Canada, Bangladesh, Japan, France, Germany/ Russia, Pakistan, and Malaysia.

Time distribution of management institutes
We can predict the development trends in world management research by looking at those trends in economics.
The time distribution of management institutes abroad is given in  Table 6. Time distribution of management institutes abroad

Data analysis
The above rankings illustrate that the number of management institutes established in 1990s is the highest. The

The top ten countries abroad with management institutes in different years
We can compare the development of management research institutes with that of economics institutes to show Data Science Journal, Volume 6, Supplement, 29 September 2007 S626 the correlation between them.
The top ten countries abroad with management institutes for different years are given in Table 7.

Data analysis
The data above shows that: a  Table 4, the United States and Korea have a large number of economics research institutes, proving that the more a country emphasizes economics research, the more it emphasizes management research. Table 7 and Table 4, thus, fit together. d) Some countries demand attention. Bangladesh has ranked in the top ten throughout the years. Because economics research institutes develop rapidly is a country whose economy is developing quickly and there is a positive correlation between economic development and the establishment of economics research institutes, we must pay more attention to the economic development of Bangladesh. The number of management research institutes in Bangladesh and Pakistan has consistently occupied the top 10. Though they are not entirely flourishing country, we must pay more attention to the growth of their management institutes. These results mirror those of Table 4.

A subject analysis on the relativity of economics and management
We can relate management and economics by comparing the number of institutes on different subjects, which relate to economics.
Institutes in different subjects, which are related to economics are shown in Table 8.  Table 8 shows that sociology has the greatest relationship with economics; next is regional research, and then comes politics. Management ranks fourth with a relationship of 42%. Therefore, management and economics are highly related.

The relativity of management and economics by the rank of management and institute of economics in all countries
According to Table 2, the top ten countries in economics are as follows: the USA, Russia, Japan, Korea, Canada, Germany, Britain, France, Holland, Bangladesh, Australia, and Brazil. According to Table 5, the top ten countries in management are as follows: the USA, Russia, Japan, Korea, Canada, Germany, Britain, France, Bangladesh, Pakistan, and Malaysia. This shows that there are eight countries in which the institutes of management and economics both rank first in the world, thus proving that countries that emphasize economics research also emphasize management research.

An analysis of the relationship between economics and management in different time Periods
The relationship between economics and management in each time period is given in Table 9.  Table 9. The relationship between economics and management in each time period Table 9 illustrates that the number of established management institutes has accelerated since the 1960s. The correlation between management and economics is 53% in the 1960s, 45% in the 1970s, 48% in the 1980s, and 58% in the 1990s. These numbers are more realistic than the 42% correlation from Table 8. They lower the ranking of regional research (second in Table 8), putting management above education, the fifth at 37%, and politics that ranks 3rd. The correlation is higher after 2000, but the data for this are not large. Further research needs to be done (Numbers running horizontally: 1-before1900, 2-1900, 3-1910, 4-1920, 5-1930, 6-1940, 7-1950, 8-1960, 9-1970, 10-1980, 11-1990, 12-after 2000 The above figures (2-10) illustrate that along with Bangladesh, the number of economics and management institutes in the other seven countries have kept pace with changes. Also the number of economics institutions is consistently higher than that of management. This shows that in addition to the positive correlation between economics and management in each country, in most time periods, economics institutes outnumber management institutes. As time passes the world is paying more and more attention to management and economics research.

A trend analysis from a line diagram
Bangladesh is an exceptional case, which needs to be explored further.

CONCLUSION
The analysis of the correlation between economics and management institutes abroad leads to the following conclusions. e) The establishment of economics and management institutes and research in the two disciplines has increased over time.
f) Countries that pay attention to economics research also attach equal importance to management research. At the same time, however, economics outweighs management research. g) Bangladesh is an exceptional case that needs to be explored further.  In short, economics and management cannot be separated. In economic construction, the organic integration of these two disciplines can make economic development achieve maximum results with little effort.