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Are Finance, Management, and Marketing Autonomous Fields of Scientific Research? An Analysis Based on Journal Citations

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  • Pedro Cosme Vieira

    ()
    (Faculdade de Economia, Universidade do Porto)

  • Aurora A.C. Teixeira

    ()
    (CEMPRE, Faculdade de Economia do Porto, Universidade do Porto)

Abstract

Although there is considerable consensus that Finance, Management, and Marketing are ‘science’, some debate remains with regard to whether these three areas comprise autonomous, organized and settled scientific research fields. In this paper we aim to explore this issue by analyzing the occurrence of citations in the top-ranked journals in the areas of Finance, Management, and Marketing. We put forward a modified version of the ‘network cluster’ as proposed by Klamer and Van Dalen (2002) and conclude that Finance is a ‘Relatively autonomous, organized and settled field of research’ whereas Management and (to a larger extent) Marketing are relatively non-autonomous and hybrid fields of research’. Complementary analysis based on sub-discipline rankings using the recursive methodology of Liebowitz and Palmer (1984) confirms the above conclusions.

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Bibliographic Info

Paper provided by Universidade do Porto, Faculdade de Economia do Porto in its series FEP Working Papers with number 233.

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Length: 15 pages
Date of creation: Dec 2006
Date of revision:
Handle: RePEc:por:fepwps:233

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Related research

Keywords: Citations; Science; Autonomy;

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References

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  1. Arjo Klamer & Hendrik P. van Dalen, 2001. "Attention and the Art of Scientific Publishing," Tinbergen Institute Discussion Papers 01-022/1, Tinbergen Institute.
  2. Bush, Winston C & Hamelman, Paul W & Staaf, Robert J, 1974. "A Quality Index for Economic Journals," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 123-25, February.
  3. Matthias Klaes, 2004. "Evolutionary economics: In defence of 'vagueness'," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(3), pages 359-376.
  4. 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.
  5. Joseph Macri & Dipendra Sinha, 2006. "Rankings Methodology for International Comparisons of Institutions and Individuals: an Application to Economics in Australia and New Zealand," Journal of Economic Surveys, Wiley Blackwell, vol. 20(1), pages 111-156, 02.
  6. Hendrik P. Dalen & Kène Henkens, 1999. "How Influential Are Demography Journals?," Population and Development Review, The Population Council, Inc., vol. 25(2), pages 229-251.
  7. Robert Parks, 2001. "The Faustian grip of academic publishing," Journal of Economic Methodology, Taylor & Francis Journals, vol. 9(3), pages 317-335.
  8. Alexander, John C & Mabry, Rodney H, 1994. " Relative Significance of Journals, Authors, and Articles Cited in Financial Research," Journal of Finance, American Finance Association, vol. 49(2), pages 697-712, June.
  9. Pantelis Kalaitzidakis & Theofanis P Mamuneas & Thanasis Stengos, 2001. "Rankings of Academic Journals and Institutions in Economics," Discussion Papers in Economics 01/8, Department of Economics, University of Leicester.
  10. Hamelman, Paul W & Mazze, Edward M, 1974. "Citation Patterns in Finance Journals," Journal of Finance, American Finance Association, vol. 29(4), pages 1295-1301, September.
  11. Stigler, George J & Stigler, Stephen M & Friedland, Claire, 1995. "The Journals of Economics," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 331-59, April.
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Citations

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Cited by:
  1. Sara C. Santos Cruz & Aurora A.C. Teixeira, 2007. "A new look into the evolution of clusters literature. A bibliometric exercise," FEP Working Papers 257, Universidade do Porto, Faculdade de Economia do Porto.
  2. Hélder Ferreira & Aurora A.C. Teixeira, 2013. "‘Welcome to the experience economy’: assessing the influence of customer experience literature through bibliometric analysis," FEP Working Papers 481, Universidade do Porto, Faculdade de Economia do Porto.
  3. David L. Anderson & John Tressler, 2011. "The Merits of Using Citations to Measure Research Output in Economics Departments: The New Zealand Case," Working Papers in Economics 11/11, University of Waikato, Department of Economics.
  4. Maria Lúcia Pato & Aurora A.C. Teixeira, 2013. "Twenty years of rural entrepreneurship: a bibliometric survey," FEP Working Papers 516, Universidade do Porto, Faculdade de Economia do Porto.

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