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Pricing of scientific journal and market power

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  • DEWATRIPONT, Mathias
  • GINSBURGH, Victor
  • LEGROS, Patrick
  • WALCKIERS, Alexis

Abstract

We 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 over 2600 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 from 1 and 6; these are highly (and positively) correlated with the degree of concentration in the industry.

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Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2007022.

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Date of creation: 01 Mar 2007
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Handle: RePEc:cor:louvco:2007022

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Cited by:
  1. Armstrong, Mark, 2008. "Collection sales: good or bad for journals?," MPRA Paper 8619, University Library of Munich, Germany.

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