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 InfoPaper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers RP with number -1957.
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Note: In : Journal of the European Economic Association, 5(2-3), 400-410, 2007
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- 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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- Damien Besancenot & Radu Vranceanu, 2014.
"A model of scholarly publishing with hybrid academic journals,"
- Besancenot, Damien & Vranceanu, Radu, 2014. "A model of scholarly publishing with hybrid academic journals," ESSEC Working Papers WP1406, ESSEC Research Center, ESSEC Business School.
- Armstrong, Mark, 2008.
"Collection sales: good or bad for journals?,"
8619, University Library of Munich, Germany.
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