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Evidence of a Harvard and Chicago Matthew Effect

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  • Marshall Medoff
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    Abstract

    The Matthew Effect refers to the hypothesis that a scientific contribution will receive disproportionate peer recognition whenever there are sharp and distinct differences in prestige within the academic stratification system. This paper empirically examines whether there is an institutional Matthew Effect in economics: does the prestige of an author's economics department influence the visibility or allocation of peer recognition of a scientific contribution? After controlling for author quality, journal quality and article-specific characteristics, the empirical results showed nineteen universities classified as elite have a statistically and numerically positive impact on the level of peer recognition of a scientific contribution. However, further analysis found that the positive institutional Matthew Effect of these elite universities was due solely to the differential peer recognition of scientific contributions by economists affiliated with the economics departments of Harvard University and the University of Chicago.

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Journal of Economic Methodology.

    Volume (Year): 13 (2006)
    Issue (Month): 4 ()
    Pages: 485-506

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    Handle: RePEc:taf:jecmet:v:13:y:2006:i:4:p:485-506

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    Keywords: citation analysis; Matthew Effect;

    References

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    1. Laband, David N, 1986. "Article Popularity," Economic Inquiry, Western Economic Association International, vol. 24(1), pages 173-80, January.
    2. Scott, Loren C & Mitias, Peter M, 1996. "Trends in Rankings of Economics Departments in the U.S.: An Update," Economic Inquiry, Western Economic Association International, vol. 34(2), pages 378-400, April.
    3. 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.
    4. Joshua S. Gans & George B. Shepherd, 1994. "How Are the Mighty Fallen: Rejected Classic Articles by Leading Economists," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 165-179, Winter.
    5. Aloysius Siow, 1991. "Are First Impressions Important in Academia?," Journal of Human Resources, University of Wisconsin Press, vol. 26(2), pages 236-255.
    6. John Hudson, 1996. "Trends in Multi-authored Papers in Economics," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 153-158, Summer.
    7. 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, vol. 102(1), pages 194-203, February.
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    Cited by:
    1. Richard S. J. Tol, 2013. "The Matthew Effect for Cohorts of Economists," Working Paper Series 5513, Department of Economics, University of Sussex.

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