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The Slowdown In First-Response Times Of Economics Journals: Can It Be Beneficial?

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Author Info
OFER H. AZAR

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Abstract

"The first-response time (henceforth FRT) of economics journals has increased over the last four decades from 2 months to 3-6 months. The optimal FRT, however, is not zero because a longer FRT deters submissions of mediocre papers to good journals and consequently saves valuable time of referees and editors. Interestingly, the change in the actual FRT is in the same direction as the change in the optimal FRT. The latter has increased because of the availability of research on the Internet prior to publication and because papers became longer and more mathematical, increasing the costs of refereeing a paper." ("JEL" L82, A10, A14, I23, A19) Copyright 2006 Western Economic Association International.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1093/ei/cbl016
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Publisher Info
Article provided by Western Economic Association International in its journal Economic Inquiry.

Volume (Year): 45 (2007)
Issue (Month): 1 (01)
Pages: 179-187
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Handle: RePEc:bla:ecinqu:v:45:y:2007:i:1:p:179-187

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Ofer H. Azar, 2005. "The Review Process in Economics: Is it Too Fast?," General Economics and Teaching 0503013, EconWPA. [Downloadable!]
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  2. Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002. "Quality Control in Economics," Kyklos, Blackwell Publishing, vol. 55(3), pages 315-34.
  3. Glenn Ellison, 2002. "The Slowdown of the Economics Publishing Process," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 947-993, October. [Downloadable!] (restricted)
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  4. Sauer, Raymond D, 1988. "Estimates of the Returns to Quality and Coauthorship in Economic Academia," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 855-66, August. [Downloadable!] (restricted)
  5. Yohe, Gary W, 1980. "Current Publication Lags in Economics Journals," Journal of Economic Literature, American Economic Association, vol. 18(3), pages 1050-55, September. [Downloadable!] (restricted)
  6. Engers, Maxim & Gans, Joshua S, 1998. "Why Referees Are Not Paid (Enough)," American Economic Review, American Economic Association, vol. 88(5), pages 1341-49, December. [Downloadable!] (restricted)
  7. Ted Bergstrom, 2001. "Free Labor for Costly Journals?," University of California at Santa Barbara, Economics Working Paper Series 16-01, Department of Economics, UC Santa Barbara. [Downloadable!]
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  8. Glenn Ellison, 2002. "Evolving Standards for Academic Publishing: A q-r Theory," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 994-1034, October. [Downloadable!] (restricted)
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  9. Juin-jen Chang & Ching-chong Lai, 2001. "Is It Worthwhile to Pay Referees?," Southern Economic Journal, Southern Economic Association, vol. 68(2), pages 457-463, October.
  10. Blank, Rebecca M, 1991. "The Effects of Double-Blind versus Single-Blind Reviewing: Experimental Evidence from The American Economic Review," American Economic Review, American Economic Association, vol. 81(5), pages 1041-67, December. [Downloadable!] (restricted)
  11. Moore, William J & Newman, Robert J & Turnbull, Geoffrey K, 2001. "Reputational Capital and Academic Pay," Economic Inquiry, Oxford University Press, vol. 39(4), pages 663-71, October.
  12. Trivedi, Pravin K, 1993. "An Analysis of Publication Lags in Econometrics," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 8(1), pages 93-100, Jan.-Marc. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Besancenot, Damien & Vranceanu, Radu, 2006. "Can Incentives for Research Harm Research? A Business Schools Tale," ESSEC Working Papers DR 06003, ESSEC Research Center, ESSEC Business School. [Downloadable!]
    Other versions:
  2. Ofer H. Azar, 2005. "The Academic Review Process: How Can We Make it More Efficient?," General Economics and Teaching 0502069, EconWPA. [Downloadable!]
  3. Ofer Azar, 2003. "Rejections and the Importance of First Response Times (Or: How Many Rejections Do Others Receive?)," General Economics and Teaching 0309002, EconWPA. [Downloadable!]
  4. Azar, Ofer H., 2002. "Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process," MPRA Paper 4482, University Library of Munich, Germany. [Downloadable!]
    Other versions:
  5. Glenn Ellison, 2007. "Is Peer Review in Decline?," NBER Working Papers 13272, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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