Pricing of Scientific Journals and Market Power
AbstractWe analyze the empirical relationship between journal prices, their quality measured by their citation counts, their age, as well as conduct of publishers. The database covers 22 scientific fields and more than 2,600 of among the most highly reputed and cited journals in 2003. We show that (a) for-profit journals charge roughly 3 times more than journals run by scientific societies; (b) the number of citations has a positive impact on prices; (c) there are large differences in prices across fields that vary by a factor between 1 and 6; these are highly (and positively) correlated with the degree of concentration in the industry. (JEL: D49, L86, Z00) (c) 2007 by the European Economic Association.
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Bibliographic InfoArticle provided by MIT Press in its journal Journal of the European Economic Association.
Volume (Year): 5 (2007)
Issue (Month): 2-3 (04-05)
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Web page: http://www.mitpressjournals.org/jeea
Other versions of this item:
- DEWATRIPONT, Mathias & GINSBURGH, Victor & LEGROS, Patrick & WALCKIERS, Alexis, . "Pricing of scientific journals and market power," CORE Discussion Papers RP -1957, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- DEWATRIPONT, Mathias & GINSBURGH, Victor & LEGROS, Patrick & WALCKIERS, Alexis, 2007. "Pricing of scientific journal and market power," CORE Discussion Papers 2007022, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Mathias Dewatripont & Victor Ginsburgh & Patrick Legros & Alexis Walckiers, 2007. "Pricing of scientific journals and market power," ULB Institutional Repository 2013/9637, ULB -- Universite Libre de Bruxelles.
- D49 - Microeconomics - - Market Structure and Pricing - - - Other
- L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
- Z00 - Other Special Topics - - General - - - General
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- Armstrong, Mark, 2008.
"Collection sales: good or bad for journals?,"
8619, University Library of Munich, Germany.
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