Which Journal Rankings Best Explain Academic Salaries? Evidence from the University of California
AbstractThe ranking of an academic journal is important to authors, universities, journal publishers and research funders. Rankings are gaining prominence as countries adopt regular research assessment exercises that especially reward publication in high impact journals. Yet even within a rankings-oriented discipline like economics there is no agreement on how aggressively lower ranked journals are down-weighted and in how wide is the universe of journals considered. Moreover, since it is typically less costly for authors to cite superfluous references, whether of their own volition or prompted by editors, than it is to ignore relevant ones, rankings based on citations may be easily manipulated. In contrast, when the merits of publication in one journal or another are debated during hiring, promotion and salary decisions, the evaluators are choosing over actions with costly consequences. We therefore look to the academic labor market, using data on economists in the University of California system to relate their lifetime publications in 700 different academic journals to salary. We test amongst various sets of journal rankings, and publication discount rates, to see which are most congruent with the returns implied by the academic labor market.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 12/10.
Length: 33 pages
Date of creation: 10 Aug 2012
Date of revision:
Contact details of provider:
Postal: Private Bag 3105, Hamilton, New Zealand, 3240
Phone: + 64 (0)7 838 4758 (Administrator)
Fax: + 64 7 838 4331
Web page: http://cms.mngt.waikato.ac.nz/departments/economics
More information through EDIRC
journal rankings; academic labor market;
Find related papers by JEL classification:
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
- I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-03 (All new papers)
- NEP-EDU-2012-09-03 (Education)
- NEP-LAB-2012-09-03 (Labour Economics)
- NEP-SOG-2012-09-03 (Sociology of Economics)
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.:
- Rabah Amir & Malgorzata Knauff, 2008.
"Ranking Economics Departments Worldwide on the Basis of PhD Placement,"
The Review of Economics and Statistics,
MIT Press, vol. 90(1), pages 185-190, 08.
- Rabah, AMIR & Malgorzata, KNAUFF, 2005. "Ranking economics departments worldwide on the basis of PhD placement," Discussion Papers (ECON - DÃ©partement des Sciences Economiques) 2005041, Université catholique de Louvain, Département des Sciences Economiques.
- AMIR, Rabah & KNAUFF, Malgorzata, 2005. "Ranking economics departments worldwide on the basis of PhD placement," CORE Discussion Papers 2005051, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Chia‐Lin Chang & Michael McAleer & Les Oxley, 2011.
"What Makes A Great Journal Great In Economics? The Singer Not The Song,"
Journal of Economic Surveys,
Wiley Blackwell, vol. 25(2), pages 326-361, 04.
- Chia-Lin Chang & Michael McAleer & Les Oxley, 2010. "What Makes a Great Journal Great in Economics? The Singer Not the Song," Working Papers in Economics 10/43, University of Canterbury, Department of Economics and Finance.
- Chang, C-L. & McAleer, M.J. & Oxley, L., 2010. "What Makes a Great Journal Great in Economics? The Singer Not the Song," Econometric Institute Research Papers EI 2010-45, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- Chia-Lin Chang & Michael McAleer & Les Oxley, 2010. "What Makes a Great Journal Great in Economics? The Singer Not the Song," KIER Working Papers 706, Kyoto University, Institute of Economic Research.
- 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.
- John Gibson, 2000. "Research productivity in New Zealand university economics departments: Comment and update," New Zealand Economic Papers, Taylor & Francis Journals, vol. 34(1), pages 73-87.
- 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.
- Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2011.
"An updated ranking of academic journals in economics,"
Canadian Journal of Economics,
Canadian Economics Association, vol. 44(4), pages 1525-1538, November.
- Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2010. "An Updated Ranking of Academic Journals in Economics," Working Papers 1009, University of Guelph, Department of Economics and Finance.
- Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2010. "An Updated Ranking of Academic Journals in Economics," Working Paper Series 15_10, The Rimini Centre for Economic Analysis.
- 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.
- 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.
- Pierre-Philippe Combes & Laurent Linnemer, 2010. "Inferring Missing Citations: A Quantitative Multi-Criteria Ranking of all Journals in Economics," Working Papers halshs-00520325, HAL.
- Christiana E. Hilmer & Michael J. Hilmer, 2005. "How Do Journal Quality, Co-Authorship, and Author Order Affect Agricultural Economists' Salaries?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(2), pages 509-523.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Does publishing better pay better in California?
by Economic Logician in Economic Logic on 2012-09-13 14:17:00
RePEc Biblio mentionsAs found on the RePEc Biblio, the curated bibliography for Economics:CitEc Project, subscribe to its RSS feed for this item.
- Muravyev, Alexander, 2012.
"К Вопросу О Классификации Российских Журналов По Экономике И Смежным Дисциплинам
[On classification of Russian journals in Econ," MPRA Paper 43459, University Library of Munich, Germany.
- Christian Zimmermann, 2007.
"Academic Rankings with RePEc,"
2007-36, University of Connecticut, Department of Economics, revised Mar 2009.
- Krapf, Matthias & Ursprung, Heinrich W. & Zimmermann, Christian, 2014.
"Parenthood and productivity of highly skilled labor: evidence from the groves of academe,"
2014-1, Federal Reserve Bank of St. Louis.
- Matthias Krapf & Heinrich W. Ursprung & Christian Zimmermann, 2014. "Parenthood and Productivity of Highly Skilled Labor: Evidence from the Groves of Academe," Working Paper Series of the Department of Economics, University of Konstanz 2014-04, Department of Economics, University of Konstanz.
- Matthias Krapf & Heinrich Ursprung & Christian Zimmermann, 2014. "Parenthood and Productivity of Highly Skilled Labor: Evidence from the Groves of Academe," CESifo Working Paper Series 4641, CESifo Group Munich.
- Krapf, Matthias & Ursprung, Heinrich W. & Zimmermann, Christian, 2014. "Parenthood and Productivity of Highly Skilled Labor: Evidence from the Groves of Academe," IZA Discussion Papers 7904, Institute for the Study of Labor (IZA).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Brian Silverstone).
If references are entirely missing, you can add them using this form.