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The slowdown in first-response times of economics journals: Can it be beneficial?

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Author Info
Azar, Ofer H.

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Abstract

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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File URL: http://mpra.ub.uni-muenchen.de/4478/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 4478.

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Date of creation: 2002
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Publication status: Published in Economic Inquiry 45.1(2007): pp. 179-187
Handle: RePEc:pra:mprapa:4478

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Related research
Keywords: Academic review process First response times Turnaround times Journals Publishing Slowdown Refereeing Economics journals Editorial process

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Find related papers by JEL classification:
L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
A19 - General Economics and Teaching - - General Economics - - - Other
A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
A10 - General Economics and Teaching - - General Economics - - - General
I23 - Health, Education, and Welfare - - Education - - - Higher Education Research Institutions

References listed on IDEAS
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  1. Ofer H. Azar, 2005. "The Review Process in Economics: Is it Too Fast?," General Economics and Teaching 0503013, EconWPA. [Downloadable!]
    Other versions:
  2. Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002. "Quality Control in Economics," Kyklos, Blackwell Publishing, vol. 55(3), pages 315-34.
  3. Glenn Ellison, 2002. "The Slowdown of the Economics Publishing Process," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 947-993, October. [Downloadable!] (restricted)
    Other versions:
  4. Sauer, Raymond D, 1988. "Estimates of the Returns to Quality and Coauthorship in Economic Academia," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 855-66, August. [Downloadable!] (restricted)
  5. Yohe, Gary W, 1980. "Current Publication Lags in Economics Journals," Journal of Economic Literature, American Economic Association, vol. 18(3), pages 1050-55, September. [Downloadable!] (restricted)
  6. Engers, Maxim & Gans, Joshua S, 1998. "Why Referees Are Not Paid (Enough)," American Economic Review, American Economic Association, vol. 88(5), pages 1341-49, December. [Downloadable!] (restricted)
  7. Ted Bergstrom, 2001. "Free Labor for Costly Journals?," University of California at Santa Barbara, Economics Working Paper Series 16-01, Department of Economics, UC Santa Barbara. [Downloadable!]
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  8. Glenn Ellison, 2002. "Evolving Standards for Academic Publishing: A q-r Theory," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 994-1034, October. [Downloadable!] (restricted)
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  9. Blank, Rebecca M, 1991. "The Effects of Double-Blind versus Single-Blind Reviewing: Experimental Evidence from The American Economic Review," American Economic Review, American Economic Association, vol. 81(5), pages 1041-67, December. [Downloadable!] (restricted)
  10. Moore, William J & Newman, Robert J & Turnbull, Geoffrey K, 2001. "Reputational Capital and Academic Pay," Economic Inquiry, Oxford University Press, vol. 39(4), pages 663-71, October.
  11. Trivedi, Pravin K, 1993. "An Analysis of Publication Lags in Econometrics," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 8(1), pages 93-100, Jan.-Marc. [Downloadable!] (restricted)
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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.)

  1. Besancenot, Damien & Vranceanu, Radu, 2006. "Can Incentives for Research Harm Research? A Business Schools Tale," ESSEC Working Papers DR 06003, ESSEC Research Center, ESSEC Business School. [Downloadable!]
    Other versions:
  2. Glenn Ellison, 2007. "Is Peer Review in Decline?," NBER Working Papers 13272, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Azar, Ofer H., 2002. "Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process," MPRA Paper 4482, University Library of Munich, Germany. [Downloadable!]
    Other versions:
  4. Ofer H. Azar, 2005. "The Academic Review Process: How Can We Make it More Efficient?," General Economics and Teaching 0502069, EconWPA. [Downloadable!]
  5. Ofer Azar, 2003. "Rejections and the Importance of First Response Times (Or: How Many Rejections Do Others Receive?)," General Economics and Teaching 0309002, EconWPA. [Downloadable!]
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