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Proliferation Of Academic Journals: Effects On Research Quantity And Quality

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  • Rajeev K. Goel
  • Jo�o Ricardo Faria

Abstract

There have been significant structural changes in research markets in recent years reflected in the increase in the number of academic journals. This paper uses a differential game model of authors and journal editors to examine the effects of an increase in competition among academic journals. Does an increase in the number of academic journals lead to an increase in scholarly articles published? Will an increase in publishing outlets adversely affect research quality? The results show greater competition does not affect research output and in fact enhances research quality. The number of journals and the relative discount rates of authors and editors are crucial determinants of the effects of competition. Copyright � 2007 The Authors; Journal compilation � 2007 Blackwell Publishing Ltd.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Metroeconomica.

Volume (Year): 58 (2007)
Issue (Month): 4 (November)
Pages: 536-549

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Handle: RePEc:bla:metroe:v:58:y:2007:i:4:p:536-549

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References

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  1. Zivney, Terry L & Bertin, William J, 1992. " Publish or Perish: What the Competition Is Really Doing," Journal of Finance, American Finance Association, American Finance Association, vol. 47(1), pages 295-329, March.
  2. Onur Baser & Elda Pema, 2003. "The return of publications for economics faculty," Economics Bulletin, AccessEcon, vol. 1(1), pages 1-13.
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  4. Glenn Ellison, 2000. "The Slowdown of the Economics Publishing Process," NBER Working Papers 7804, National Bureau of Economic Research, Inc.
  5. Laband, David N & Piette, Michael J, 1994. "The Relative Impacts of Economics Journals: 1970-1990," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 640-66, June.
  6. Laband, David N & Shughart, William F, II & Tollison, Robert D, 1990. "Economists and the Economy," The Review of Economics and Statistics, MIT Press, vol. 72(4), pages 707-11, November.
  7. Joao Ricardo Faria, 2000. "The Game Academics Play: Editors Versus Authors," Working Paper Series, Finance Discipline Group, UTS Business School, University of Technology, Sydney 105, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
  8. Rajeev K. Goel, 2003. "A Market Mechanism for Scientific Communication: A Comment," Kyklos, Wiley Blackwell, vol. 56(3), pages 395-400, 08.
  9. repec:ebl:ecbull:v:1:y:2003:i:1:p:1-13 is not listed on IDEAS
  10. Hodgson, Geoffrey M & Rothman, Harry, 1999. "The Editors and Authors of Economics Journals: A Case of Institutional Oligopoly?," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 109(453), pages F165-86, February.
  11. Laband, David N & Piette, Michael J, 1994. "Favoritism versus Search for Good Papers: Empirical Evidence Regarding the Behavior of Journal Editors," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 102(1), pages 194-203, February.
  12. David Rosenbaum & Meng-Hua Ye, 1997. "Price discrimination and economics journals," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 29(12), pages 1611-1618.
  13. Rajeev K. Goel & Daniel P. Rich, 2005. "Organization of Markets for Science and Technology," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, Mohr Siebeck, Tübingen, vol. 161(1), pages 1-, March.
  14. Paula E. Stephan, 1996. "The Economics of Science," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1199-1235, September.
  15. João Ricardo Faria, 2003. "What type of economist are you: -strategist or -strategist?," Journal of Economic Studies, Emerald Group Publishing, Emerald Group Publishing, vol. 30(2), pages 144-154, May.
  16. Stigler, George J & Stigler, Stephen M & Friedland, Claire, 1995. "The Journals of Economics," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 103(2), pages 331-59, April.
  17. Wallis, J L & Dollery, B E, 1993. "The Economics of Economics: A Model of Research Discourse," Australian Economic Papers, Wiley Blackwell, vol. 32(60), pages 175-84, June.
  18. Sauer, Raymond D, 1988. "Estimates of the Returns to Quality and Coauthorship in Economic Academia," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 96(4), pages 855-66, August.
  19. Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002. "Quality Control in Economics," Kyklos, Wiley Blackwell, vol. 55(3), pages 315-34.
  20. Burton, M P & Phimister, Euan, 1995. "Core Journals: A Reappraisal of the Diamond List," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 105(429), pages 361-73, March.
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Citations

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Cited by:
  1. Joao Faria & Damien Besancenot & Andréas Novak, 2009. "Paradigm depletion, knowledge production and research effort," CEPN Working Papers, HAL halshs-00447302, HAL.
  2. Jellal, Mohamed & Faria, Joao & Elaoufi, Noureddine, 2012. "Endogenous dynamic academic research culture," MPRA Paper 38711, University Library of Munich, Germany.
  3. repec:hal:wpaper:halshs-00589186 is not listed on IDEAS
  4. Besancenot, Damien & Huynh, Kim & Vranceanu, Radu, 2010. "A Matching Model of the Academic Publication Market," ESSEC Working Papers, ESSEC Research Center, ESSEC Business School DR 10003, ESSEC Research Center, ESSEC Business School.
  5. Damien Besancenot & Kim Huynh & Joao Faria, 2012. "Search and research: the influence of editorial boards on journals’ quality," Theory and Decision, Springer, Springer, vol. 73(4), pages 687-702, October.
  6. Besancenot, Damien & Huynh, Kim & Vranceanu, Radu, 2006. "The "Read or Write" Dilemma in Academic Production: A European Perspective," ESSEC Working Papers, ESSEC Research Center, ESSEC Business School DR 06021, ESSEC Research Center, ESSEC Business School.
  7. Daniel G. Arce & Walter Enders & Gary A. Hoover, 2008. "Plagiarism And Its Impact On The Economics Profession," Bulletin of Economic Research, Wiley Blackwell, vol. 60(3), pages 231-243, 07.
  8. João Faria & Rajeev Goel, 2010. "Returns to networking in academia," Netnomics, Springer, Springer, vol. 11(2), pages 103-117, July.
  9. repec:hal:wpaper:halshs-00370785 is not listed on IDEAS
  10. repec:hal:wpaper:halshs-00382585 is not listed on IDEAS
  11. Damien Besancenot & Joao Faria & Kim Huynh, 2009. "Congestion in academic journals under an impartial selection process," CEPN Working Papers, HAL halshs-00382585, HAL.
  12. repec:hal:wpaper:halshs-00447302 is not listed on IDEAS
  13. Alberto Baccini & Lucio Barabesi, 2008. "Interlocking Editorship. A Network Analysis of the Links Between Economic Journals," Department of Economics University of Siena, Department of Economics, University of Siena 532, Department of Economics, University of Siena.
  14. João Ricardo Faria & Damien Besancenot & Andreas J. Novak, 2011. "Paradigm Depletion, Knowledge Production And Research Effort: Considering Thomas Kuhn'S Ideas," Metroeconomica, Wiley Blackwell, Wiley Blackwell, vol. 62(4), pages 587-604, November.

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