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The Slowdown In First-Response Times Of Economics Journals: Can It Be Beneficial?

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  • OFER H. AZAR

Abstract

"The first-response time (henceforth FRT) of economics journals has increased over the last four decades from 2 months to 3-6 months. The optimal FRT, however, is not zero because a longer FRT deters submissions of mediocre papers to good journals and consequently saves valuable time of referees and editors. Interestingly, the change in the actual FRT is in the same direction as the change in the optimal FRT. The latter has increased because of the availability of research on the Internet prior to publication and because papers became longer and more mathematical, increasing the costs of refereeing a paper." ("JEL" L82, A10, A14, I23, A19) Copyright 2006 Western Economic Association International.

Suggested Citation

  • Ofer H. Azar, 2007. "The Slowdown In First-Response Times Of Economics Journals: Can It Be Beneficial?," Economic Inquiry, Western Economic Association International, vol. 45(1), pages 179-187, January.
  • Handle: RePEc:bla:ecinqu:v:45:y:2007:i:1:p:179-187
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    References listed on IDEAS

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    1. Ofer H. Azar, 2005. "The Review Process in Economics: Is It Too Fast?," Southern Economic Journal, Southern Economic Association, vol. 72(2), pages 482-491, October.
    2. 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 855-866, August.
    3. Engers, Maxim & Gans, Joshua S, 1998. "Why Referees Are Not Paid (Enough)," American Economic Review, American Economic Association, vol. 88(5), pages 1341-1349, December.
    4. Ofer H. Azar, 2004. "Rejections and the importance of first response times," International Journal of Social Economics, Emerald Group Publishing, vol. 31(3), pages 259-274, March.
    5. 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.
    6. Juin-jen Chang & Ching-chong Lai, 2001. "Is It Worthwhile to Pay Referees?," Southern Economic Journal, Southern Economic Association, vol. 68(2), pages 457-463, October.
    7. David N. Laband, 1990. "Is There Value-Added from the Review Process in Economics?: Preliminary Evidence from Authors," The Quarterly Journal of Economics, Oxford University Press, vol. 105(2), pages 341-352.
    8. 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.
    9. 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.
    10. Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002. "Quality Control in Economics," Kyklos, Wiley Blackwell, vol. 55(3), pages 315-334.
    11. Yohe, Gary W, 1980. "Current Publication Lags in Economics Journals," Journal of Economic Literature, American Economic Association, vol. 18(3), pages 1050-1055, September.
    12. 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 1041-1067, December.
    13. Moore, William J & Newman, Robert J & Turnbull, Geoffrey K, 2001. "Reputational Capital and Academic Pay," Economic Inquiry, Western Economic Association International, vol. 39(4), pages 663-671, October.
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    Cited by:

    1. Barbos, Andrei, 2013. "Project screening with tiered evaluation," Mathematical Social Sciences, Elsevier, vol. 66(3), pages 293-306.
    2. Azar Ofer H., 2015. "A Model of the Academic Review Process with Informed Authors," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 15(2), pages 865-889, April.
    3. Andrei Barbos, 2014. "Imperfect evaluation in project screening," Journal of Economics, Springer, vol. 112(1), pages 31-46, May.
    4. repec:eee:jetheo:v:171:y:2017:i:c:p:101-135 is not listed on IDEAS
    5. Damien Besancenot & Kim Huynh & Joao Faria, 2012. "Search and research: the influence of editorial boards on journals’ quality," Theory and Decision, Springer, vol. 73(4), pages 687-702, October.
    6. Besancenot, Damien & Vranceanu, Radu, 2008. "Can incentives for research harm research? A business schools' tale," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1248-1265, June.
    7. Ofer H. Azar, 2006. "The Academic Review Process: How Can We Make it More Efficient?," The American Economist, Sage Publications, vol. 50(1), pages 37-50, March.
    8. Steven M. Shugan, 2007. "The Editor's Secrets," Marketing Science, INFORMS, vol. 26(5), pages 589-595, 09-10.
    9. Alessio J. G. Brown & Klaus F. Zimmermann, 2017. "Three decades of publishing research in population economics," Journal of Population Economics, Springer;European Society for Population Economics, vol. 30(1), pages 11-27, January.
    10. repec:spr:scient:v:113:y:2017:i:1:d:10.1007_s11192-017-2310-5 is not listed on IDEAS
    11. Azar, Ofer H., 2008. "Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 420-435, March.
    12. Lee, Sam-Ho, 2009. "A theory of self-selection in a market with matching frictions: An application to delay in refereeing times in economics journals," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 344-360, October.
    13. Glenn Ellison, 2011. "Is Peer Review In Decline?," Economic Inquiry, Western Economic Association International, vol. 49(3), pages 635-657, July.
    14. repec:wsi:igtrxx:v:19:y:2017:i:01:n:s0219198916500109 is not listed on IDEAS
    15. Damien Besancenot & Radu Vranceanu, 2007. "Une Analyse Economique Des Politiques D'Incitationa La Publication," CEPN Working Papers halshs-00175384, HAL.
    16. Ofer Azar, 2003. "Rejections and the Importance of First Response Times (Or: How Many Rejections Do Others Receive?)," General Economics and Teaching 0309002, EconWPA.
    17. Heintzelman Martin & Nocetti Diego, 2009. "Where Should we Submit our Manuscript? An Analysis of Journal Submission Strategies," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-28, September.
    18. Ofer H. Azar, 2009. "THE INFLUENCE OF ECONOMICS ARTICLES ON BUSINESS RESEARCH: ANALYSIS OF JOURNALS AND TIME TRENDS -super-," Journal of Industrial Economics, Wiley Blackwell, vol. 57(4), pages 851-869, December.

    More about this item

    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

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