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Revealed preference for economics journals: Citations as dollar votes

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  • David Laband
  • John Sophocleus

Abstract

There are several measures which can be used to evaluate professional regard for economics journals. In this paper, I have focused on citations as a proxy for quality of material published, as revealed preference for the journals. The availability of the Social Sciences Citation Index has permitted construction of a relative rating system for economics journals, based on citations, which was virtually impossible for previous researchers to achieve. While the potential objections to using citations as a proxy have been admitted, the proxy is still a useful one — one that reveals preferences for the top economics journals, much as dollars reveal preferences in product markets. Copyright Martinus Nijhoff Publishers 1985

Suggested Citation

  • David Laband & John Sophocleus, 1985. "Revealed preference for economics journals: Citations as dollar votes," Public Choice, Springer, vol. 46(3), pages 317-324, January.
    • Handle: RePEc:kap:pubcho:v:46:y:1985:i:3:p:317-324
    DOI: 10.1007/BF00124429
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    References listed on IDEAS

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    1. Bush, Winston C & Hamelman, Paul W & Staaf, Robert J, 1974. "A Quality Index for Economic Journals," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 123-125, February.
    2. Stigler, George J & Friedland, Claire, 1975. "The Citation Practices of Doctorates in Economics," Journal of Political Economy, University of Chicago Press, vol. 83(3), pages 477-507, June.
    3. Kagann, Stephen & Leeson, Kenneth W, 1978. "Major Journals in Economics: A User Study," Journal of Economic Literature, American Economic Association, vol. 16(3), pages 979-1003, September.
    4. William J. Moore, 1972. "The Relative Quality Of Economics Journals: A Suggested Rating System," Economic Inquiry, Western Economic Association International, vol. 10(2), pages 156-169, June.
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    Citations

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    Cited by:

    1. Wohlrabe, Klaus, 2016. "Taking the Temperature: A Meta-Ranking of Economics Journals," MPRA Paper 68933, University Library of Munich, Germany.
    2. Sandra Rousseau, 2008. "Journal evaluation by environmental and resource economists: A survey," Scientometrics, Springer;Akadémiai Kiadó, vol. 77(2), pages 223-233, November.
    3. Pedro Cosme da Costa Vieira, 2005. "A new economic journals’ ranking that takes into account the number of pages and co-authors," FEP Working Papers 189, Universidade do Porto, Faculdade de Economia do Porto.
    4. Pedro Cosme Costa Vieira, 2008. "An economics journals' ranking that takes into account the number of pages and co-authors," Applied Economics, Taylor & Francis Journals, vol. 40(7), pages 853-861.
    5. Pedro C. Vieira, 2004. "Top ranking economics journals impact variability and a ranking update to the year 2002," FEP Working Papers 149, Universidade do Porto, Faculdade de Economia do Porto.
    6. João Faria & Rajeev Goel, 2010. "Returns to networking in academia," Netnomics, Springer, vol. 11(2), pages 103-117, July.
    7. J.R. Clark & Joshua C. Hall & Ashley S. Harrison, 2017. "The Relative Value of AER P&P Economic Education Papers," Working Papers 17-23, Department of Economics, West Virginia University.
    8. João Ricardo Faria & Rajeev K. Goel, 2016. "Academic Publication Uncertainty and Publishing Behavior: A Game-Theoretic Perspective," CESifo Working Paper Series 6176, CESifo.
    9. Lutz Bornmann & Alexander Butz & Klaus Wohlrabe, 2018. "What are the top five journals in economics? A new meta-ranking," Applied Economics, Taylor & Francis Journals, vol. 50(6), pages 659-675, February.
    10. Lúcia Paiva Martins de Sousa & Pedro Cosme da Costa Vieira, 2005. "Um ranking das revistas científicas especializadas em economia regional e urbana," FEP Working Papers 193, Universidade do Porto, Faculdade de Economia do Porto.
    11. Martin Macháček, 2004. "Komparace tematické struktury časopiseckých publikací českých a evropských ekonomů (1999 - 2002) [Comparison of the thematic structure of journal articles by czech and european economists]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(1), pages 74-90.
    12. Amanda H. Goodall & John M. McDowell & Larry D. Singell, 2017. "Do Economics Departments Improve after They Appoint a Top Scholar as Chairperson?," Kyklos, Wiley Blackwell, vol. 70(4), pages 546-564, November.
    13. Raymond Hubbard & Daniel E. Vetter, 1992. "The Publication Incidence of Replications and Critical Commentary in Economics," The American Economist, Sage Publications, vol. 36(1), pages 29-34, March.
    14. Pedro Cosme Costa Vieira, 2004. "Statistical variability of top ranking economics journals impact," Applied Economics Letters, Taylor & Francis Journals, vol. 11(15), pages 945-948.

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