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Journal Impact Factor, Eigenfactor, Journal Influence and Article Influence

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  • Chang, C-L.
  • McAleer, M.J.
  • Oxley, L.

Abstract

This paper examines the practical usefulness of two new journal performance metrics, namely the Eigenfactor score, which may be interpreted as measuring “Journal Influence”, and the Article Influence score, using the Thomson Reuters ISI Web of Science (hereafter ISI) data for 2009 for the 200 most highly cited journals in each of the Sciences and Social Sciences, and compares them with two existing ISI metrics, namely Total Citations and the 5-year Impact Factor (5YIF) of a journal (including journal self citations). It is shown that the Sciences and Social Sciences are different in terms of the strength of the relationship of journal performance metrics, although the actual relationships are very similar. Moreover, the journal influence and article influence journal performance metrics are shown to be closely related empirically to the two existing ISI metrics, and hence add little in practical usefulness to what is already known. These empirical results are compared with existing results in the literature.

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Bibliographic Info

Paper provided by Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute in its series Econometric Institute Research Papers with number EI 2012-27.

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Date of creation: 01 Jun 2012
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Handle: RePEc:ems:eureir:37619

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Keywords: 5-year impact factor (5YIF); eigenfactor; journal and article influence; journal performance metrics; research assessment measures; total citations;

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  1. Michael McAleer & Chia-Lin Chang, 2012. "Ranking Journal Quality by Harmonic Mean of Ranks:An Application to ISI Statistics & Probability," KIER Working Papers 819, Kyoto University, Institute of Economic Research.
  2. Michael McAleer & Chia-Lin Chang, 2011. "Citations and Impact of ISI Tourism and Hospitality Journals," KIER Working Papers 781, Kyoto University, Institute of Economic Research.
  3. Chia-Lin Chang & Esfandiar Maasoumi & Michael McAleer, 2012. "Robust Ranking of Journal Quality: An Application to Economics," Documentos del Instituto Complutense de Análisis Económico 2012-05, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, revised Mar 2012.
  4. Chia-Lin Chang & Michael McAleer & Les Oxley, 2010. "Great Expectatrics: Great Papers, Great Journals, Great Econometrics," Working Papers in Economics 10/36, University of Canterbury, Department of Economics and Finance.
  5. Chang, C-L. & McAleer, M.J. & Oxley, L., 2011. "How are Journal Impact, Prestige and Article Influence Related? An Application to Neuroscience," Econometric Institute Research Papers EI 2011-03, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
  6. Chia‐Lin Chang & Michael McAleer & Les Oxley, 2011. "What Makes A Great Journal Great In Economics? The Singer Not The Song," Journal of Economic Surveys, Wiley Blackwell, vol. 25(2), pages 326-361, 04.
  7. Chang, C-L. & McAleer, M.J. & Oxley, L., 2010. "What Makes a Great Journal Great in the Sciences? Which Came First, the Chicken or the Egg?," Econometric Institute Research Papers EI 2010-75, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
  8. Franceschet, Massimo, 2010. "Journal influence factors," Journal of Informetrics, Elsevier, vol. 4(3), pages 239-248.
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