IDEAS home Printed from https://ideas.repec.org/a/eee/infome/v14y2020i4s1751157720301851.html
   My bibliography  Save this article

A Markov-switching approach to the study of citations in academic journals

Author

Listed:
  • Delbianco, Fernando
  • Fioriti, Andrés
  • Hernandez-Chanto, Allan
  • Tohmé, Fernando

Abstract

In this paper, we introduce a Markovian approach to study the stability and growth of citations in academic journals by featuring a regime-switching analysis. We characterize the regime structure exhibited by the series of citations available in the Web of Science database and determine the series’ transition probabilities across regimes. Our main result shows that for most of the journals studied, the series of citations exhibit a stable growth, remaining majorly in a dominant regime identified as one of low or high number of citations.

Suggested Citation

  • Delbianco, Fernando & Fioriti, Andrés & Hernandez-Chanto, Allan & Tohmé, Fernando, 2020. "A Markov-switching approach to the study of citations in academic journals," Journal of Informetrics, Elsevier, vol. 14(4).
  • Handle: RePEc:eee:infome:v:14:y:2020:i:4:s1751157720301851
    DOI: 10.1016/j.joi.2020.101081
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1751157720301851
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.joi.2020.101081?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Aria, Massimo & Cuccurullo, Corrado, 2017. "bibliometrix: An R-tool for comprehensive science mapping analysis," Journal of Informetrics, Elsevier, vol. 11(4), pages 959-975.
    2. Carrodus, Mark L. & Giles, David E. A., 1992. "The exact distribution of R2 when the regression disturbances are autocorrelated," Economics Letters, Elsevier, vol. 38(4), pages 375-380, April.
    3. George Emm Halkos & Nickolaos G. Tzeremes, 2011. "Measuring economic journals’ citation efficiency: a data envelopment analysis approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 88(3), pages 979-1001, September.
    4. Hamilton, James D, 1989. "A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle," Econometrica, Econometric Society, vol. 57(2), pages 357-384, March.
    5. Hakyeon Lee, 2015. "Uncovering the multidisciplinary nature of technology management: journal citation network analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(1), pages 51-75, January.
    6. Cramer, J. S., 1987. "Mean and variance of R2 in small and moderate samples," Journal of Econometrics, Elsevier, vol. 35(2-3), pages 253-266, July.
    7. Arnab Chatterjee & Asim Ghosh & Bikas K Chakrabarti, 2016. "Universality of Citation Distributions for Academic Institutions and Journals," PLOS ONE, Public Library of Science, vol. 11(1), pages 1-11, January.
    8. Finardi, Ugo, 2014. "On the time evolution of received citations, in different scientific fields: An empirical study," Journal of Informetrics, Elsevier, vol. 8(1), pages 13-24.
    9. Bai, Xiaomei & Zhang, Fuli & Lee, Ivan, 2019. "Predicting the citations of scholarly paper," Journal of Informetrics, Elsevier, vol. 13(1), pages 407-418.
    10. Samuel Bjork & Avner Offer & Gabriel Söderberg, 2014. "Time series citation data: the Nobel Prize in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 98(1), pages 185-196, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fernando Delbianco & Andrés Fioriti & Fernando Tohmé, 2023. "Markov chains, eigenvalues and the stability of economic growth processes," Empirical Economics, Springer, vol. 64(3), pages 1347-1373, March.
    2. Mrowinski, Maciej J. & Gagolewski, Marek & Siudem, Grzegorz, 2022. "Accidentality in journal citation patterns," Journal of Informetrics, Elsevier, vol. 16(4).
    3. Agnieszka Geras & Grzegorz Siudem & Marek Gagolewski, 2022. "Time to vote: Temporal clustering of user activity on Stack Overflow," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 73(12), pages 1681-1691, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ohtani, Kazuhiro, 2000. "Bootstrapping R2 and adjusted R2 in regression analysis," Economic Modelling, Elsevier, vol. 17(4), pages 473-483, December.
    2. Hu, Ya-Han & Tai, Chun-Tien & Liu, Kang Ernest & Cai, Cheng-Fang, 2020. "Identification of highly-cited papers using topic-model-based and bibliometric features: the consideration of keyword popularity," Journal of Informetrics, Elsevier, vol. 14(1).
    3. Seuk Wai Phoong & Seuk Yen Phoong & Shi Ling Khek, 2022. "Systematic Literature Review With Bibliometric Analysis on Markov Switching Model: Methods and Applications," SAGE Open, , vol. 12(2), pages 21582440221, April.
    4. Jorge M. Uribe, 2018. "“Scaling Down Downside Risk with Inter-Quantile Semivariances”," IREA Working Papers 201826, University of Barcelona, Research Institute of Applied Economics, revised Oct 2018.
    5. Julián D. Cortés & Daniel A. Andrade, 2022. "Winners and runners-up alike?—a comparison between awardees and special mention recipients of the most reputable science award in Colombia via a composite citation indicator," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-14, December.
    6. Milan Kumar Das & Anindya Goswami, 2019. "Testing of binary regime switching models using squeeze duration analysis," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 6(01), pages 1-20, March.
    7. Carstensen, Kai & Heinrich, Markus & Reif, Magnus & Wolters, Maik H., 2020. "Predicting ordinary and severe recessions with a three-state Markov-switching dynamic factor model," International Journal of Forecasting, Elsevier, vol. 36(3), pages 829-850.
    8. Chkili, Walid & Nguyen, Duc Khuong, 2014. "Exchange rate movements and stock market returns in a regime-switching environment: Evidence for BRICS countries," Research in International Business and Finance, Elsevier, vol. 31(C), pages 46-56.
    9. Manuela Goretti, 2005. "The Brazilian currency turmoil of 2002: a nonlinear analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 10(4), pages 289-306.
    10. David Andolfatto & Paul Gomme, 2003. "Monetary Policy Regimes and Beliefs," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(1), pages 1-30, February.
    11. Valentina Aprigliano & Danilo Liberati, 2021. "Using Credit Variables to Date Business Cycle and to Estimate the Probabilities of Recession in Real Time," Manchester School, University of Manchester, vol. 89(S1), pages 76-96, September.
    12. DAVID E. ALLEN & MICHAEL McALEER & ROBERT J. POWELL & ABHAY K. SINGH, 2018. "Non-Parametric Multiple Change Point Analysis Of The Global Financial Crisis," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 1-23, June.
    13. Mariam Camarero & Juan Sapena & Cecilio Tamarit, 2020. "Modelling Time-Varying Parameters in Panel Data State-Space Frameworks: An Application to the Feldstein–Horioka Puzzle," Computational Economics, Springer;Society for Computational Economics, vol. 56(1), pages 87-114, June.
    14. Xi, Xiaojing & Mamon, Rogemar, 2011. "Parameter estimation of an asset price model driven by a weak hidden Markov chain," Economic Modelling, Elsevier, vol. 28(1-2), pages 36-46, January.
    15. Gessler, Michael & Bohlinger, Sandra & Zlatkin-Troitschanskaia, Olga, 2021. "International vocational education and training research: An introduction to the special issue," International Journal for Research in Vocational Education and Training (IJRVET), European Research Network in Vocational Education and Training (VETNET), European Educational Research Association, vol. 8(4), pages 1-15.
    16. Anne Morrison Piehl & Suzanne J. Cooper & Anthony A. Braga & David M. Kennedy, 2003. "Testing for Structural Breaks in the Evaluation of Programs," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 550-558, August.
    17. Sarah Arndt & Zeno Enders, 2023. "The Transmission of Supply Shocks in Different Inflation Regimes," CESifo Working Paper Series 10839, CESifo.
    18. Hendry, David F. & Clements, Michael P., 2003. "Economic forecasting: some lessons from recent research," Economic Modelling, Elsevier, vol. 20(2), pages 301-329, March.
    19. Perron, Pierre & Wada, Tatsuma, 2016. "Measuring business cycles with structural breaks and outliers: Applications to international data," Research in Economics, Elsevier, vol. 70(2), pages 281-303.
    20. Claudio Morana, 2014. "Factor Vector Autoregressive Estimation of Heteroskedastic Persistent and Non Persistent Processes Subject to Structural Breaks," Working Papers 273, University of Milano-Bicocca, Department of Economics, revised May 2014.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:infome:v:14:y:2020:i:4:s1751157720301851. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/joi .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.