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Pricing of scientific journals and market power

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  • Mathias Dewatripont
  • Victor Ginsburgh
  • Patrick Legros
  • Alexis Walckiers

Abstract

We analyze the empirical relationship between journal prices, their quality measured by their citation counts, their age, as well as conduct of publishers. The database covers 22 scientific fields and more than 2,600 of among the most highly reputed and cited journals in 2003. We show that (a) for-profit journals charge roughly 3 times more than journals run by scientific societies; (b) the number of citations has a positive impact on prices; (c) there are large differences in prices across fields that vary by a factor between 1 and 6; these are highly (and positively) correlated with the degree of concentration in the industry. (JEL: D49, L86, Z00) (c) 2007 by the European Economic Association.

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Bibliographic Info

Paper provided by ULB -- Universite Libre de Bruxelles in its series ULB Institutional Repository with number 2013/9637.

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Date of creation: 2007
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Publication status: Published in: European Economic Association. Journal (2007) v.5 n° 2-3,p.400-410
Handle: RePEc:ulb:ulbeco:2013/9637

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Cited by:
  1. Mark Armstrong, 2010. "Collection Sales: Good Or Bad For Journals?," Economic Inquiry, Western Economic Association International, vol. 48(1), pages 163-176, 01.

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