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Proliferation Of Academic Journals: Effects On Research Quantity And Quality

  • Rajeev K. Goel
  • Jo�o Ricardo Faria

There have been significant structural changes in research markets in recent years reflected in the increase in the number of academic journals. This paper uses a differential game model of authors and journal editors to examine the effects of an increase in competition among academic journals. Does an increase in the number of academic journals lead to an increase in scholarly articles published? Will an increase in publishing outlets adversely affect research quality? The results show greater competition does not affect research output and in fact enhances research quality. The number of journals and the relative discount rates of authors and editors are crucial determinants of the effects of competition. Copyright � 2007 The Authors; Journal compilation � 2007 Blackwell Publishing Ltd.

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Article provided by Wiley Blackwell in its journal Metroeconomica.

Volume (Year): 58 (2007)
Issue (Month): 4 (November)
Pages: 536-549

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Handle: RePEc:bla:metroe:v:58:y:2007:i:4:p:536-549
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  1. Laband, David N & Piette, Michael J, 1994. "The Relative Impacts of Economics Journals: 1970-1990," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 640-66, June.
  2. David Rosenbaum & Meng-Hua Ye, 1997. "Price discrimination and economics journals," Applied Economics, Taylor & Francis Journals, vol. 29(12), pages 1611-1618.
  3. Wallis, J L & Dollery, B E, 1993. "The Economics of Economics: A Model of Research Discourse," Australian Economic Papers, Wiley Blackwell, vol. 32(60), pages 175-84, June.
  4. Laband, David N & Piette, Michael J, 1994. "Favoritism versus Search for Good Papers: Empirical Evidence Regarding the Behavior of Journal Editors," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 194-203, February.
  5. Stigler, George J & Stigler, Stephen M & Friedland, Claire, 1995. "The Journals of Economics," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 331-59, April.
  6. David N. Laband & Robert D. Tollison, 2003. "Dry Holes in Economic Research," Kyklos, Wiley Blackwell, vol. 56(2), pages 161-173, 05.
  7. Zivney, Terry L & Bertin, William J, 1992. " Publish or Perish: What the Competition Is Really Doing," Journal of Finance, American Finance Association, vol. 47(1), pages 295-329, March.
  8. 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.
  9. Paula E. Stephan, 1996. "The Economics of Science," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1199-1235, September.
  10. Hodgson, Geoffrey M & Rothman, Harry, 1999. "The Editors and Authors of Economics Journals: A Case of Institutional Oligopoly?," Economic Journal, Royal Economic Society, vol. 109(453), pages F165-86, February.
  11. Burton, M P & Phimister, Euan, 1995. "Core Journals: A Reappraisal of the Diamond List," Economic Journal, Royal Economic Society, vol. 105(429), pages 361-73, March.
  12. Joao Ricardo Faria, 2000. "The Game Academics Play: Editors Versus Authors," Working Paper Series 105, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
  13. repec:ebl:ecbull:v:1:y:2003:i:1:p:1-13 is not listed on IDEAS
  14. Glenn Ellison, 2000. "The Slowdown of the Economics Publishing Process," NBER Working Papers 7804, National Bureau of Economic Research, Inc.
  15. Laband, David N & Tollison, Robert D & Karahan, Gokhan R, 2002. "Quality Control in Economics," Kyklos, Wiley Blackwell, vol. 55(3), pages 315-34.
  16. João Ricardo Faria, 2003. "What type of economist are you: -strategist or -strategist?," Journal of Economic Studies, Emerald Group Publishing, vol. 30(2), pages 144-154, May.
  17. Rajeev K. Goel & Daniel P. Rich, 2005. "Organization of Markets for Science and Technology," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(1), pages 1-, March.
  18. Onur Baser & Elda Pema, 2003. "The return of publications for economics faculty," Economics Bulletin, AccessEcon, vol. 1(1), pages 1-13.
  19. Rajeev K. Goel, 2003. "A Market Mechanism for Scientific Communication: A Comment," Kyklos, Wiley Blackwell, vol. 56(3), pages 395-400, 08.
  20. Laband, David N & Shughart, William F, II & Tollison, Robert D, 1990. "Economists and the Economy," The Review of Economics and Statistics, MIT Press, vol. 72(4), pages 707-11, November.
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