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The Intellectual Influence of Economic Journals: Quality versus Quantity

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Author Info

  • László Á. Kóczy

    () (Óbuda University)

  • Alexandru Nichifor

    () (University of St Andrews)

Abstract

The 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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File URL: http://uni-obuda.hu/users/vecseya/RePEc/pkk/wpaper/1202.pdf
File Function: Manuscript, 2009
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Bibliographic Info

Paper provided by Óbuda University, Keleti Faculty of Business and Management in its series Working Paper Series with number 1202.

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Length: 24 pages
Date of creation: May 2012
Date of revision:
Handle: RePEc:pkk:wpaper:1202

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Related research

Keywords: Modified invariant method; Invariance to article-splitting; Influence of economic journals; Impact factor; LP method; Invariant method;

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References

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  1. Kalaitzidakis, P. & Mamuneas, T.P. & Stengos, T., 2003. "Rankings of Academic Journals and Institutions," Working Papers 2003-8, University of Guelph, Department of Economics.
  2. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1346-1366, December.
  3. Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March.
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Citations

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography for Economics:
  1. > Economics Profession > Ranking in Economics > Ranking Journals
  2. > Economics Profession > Ranking in Economics > Ranking Journals

Lists

This item is featured on the following reading lists or Wikipedia pages:
  1. Rankings of Economists, Economics Departments and Economics Journals
  2. Rankings of Economists, Economics Departments and Economics Journals

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