The Intellectual Influence of Economic Journals: Quality versus Quantity
AbstractThe evaluation of scientific output has a key role in the allocation of research funds and academic positions. Decisions are often based on quality indicators for academic journals and over the years a handful of scoring methods have been proposed for this purpose. Discussing the most prominent methods (de facto standards) we show that they do not distinguish quality from quantity at article level. The systematic bias we find is analytically tractable and implies that the methods are manipulable. We introduce modified methods that correct for this bias, and use them to provide rankings of economic journals. Our methodology is transparent; our results are replicable.
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Bibliographic InfoPaper provided by Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences in its series IEHAS Discussion Papers with number 1215.
Length: 29 pages
Date of creation: Mar 2012
Date of revision:
Modified invariant method; Invariance to article-splitting; Influence of economic journals; Impact factor; LP method; Invariant method;
Other versions of this item:
- László Kóczy & Alexandru Nichifor, 2013. "The intellectual influence of economic journals: quality versus quantity," Economic Theory, Springer, vol. 52(3), pages 863-884, April.
- Kóczy László & Nichifor Alexandru, 2012. "The Intellectual Influence of Economic Journals: Quality versus Quantity," Research Memorandum 025, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- László Á. Kóczy & Alexandru Nichifor, 2012. "The Intellectual Influence of Economic Journals: Quality versus Quantity," Working Paper Series 1202, Óbuda University, Keleti Faculty of Business and Management.
- A1 - General Economics and Teaching - - General Economics
- C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- Y1 - Miscellaneous Categories - - Data: Tables and Charts
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