The first response time (henceforth FRT) of economics journals has increased over the last four decades from 1-2 months to 3-6 months. The optimal FRT, however, is not zero, because the FRT deters submission of mediocre papers to good journals and consequently saves valuable time of referees and editors. The change in the actual FRT is in the same direction as the change in the optimal FRT, which has increased because of the availability of research on the Internet prior to publication and because the costs of refereeing a paper have increased.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
4478.
Length: Date of creation: 2002 Date of revision: Publication status: Published in Economic Inquiry 45.1(2007): pp. 179-187 Handle: RePEc:pra:mprapa:4478
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002.
"Quality Control in Economics,"
Kyklos,
Blackwell Publishing, vol. 55(3), pages 315-34.
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)