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Networks and productivity: Causal evidence from editor rotations

Author

Listed:
  • Brogaard, Jonathan
  • Engelberg, Joseph
  • Parsons, Christopher A.

Abstract

Using detailed publication and citation data for over 50,000 articles from 30 major economics and finance journals, we investigate whether network proximity to an editor influences research productivity. During an editor's tenure, his current university colleagues publish about 100% more papers in the editor's journal, compared to years when he is not editor. In contrast to editorial nepotism, such “inside” articles have significantly higher ex post citation counts, even when same-journal and self-cites are excluded. Our results thus suggest that despite potential conflicts of interest faced by editors, personal associations are used to improve selection decisions.

Suggested Citation

  • Brogaard, Jonathan & Engelberg, Joseph & Parsons, Christopher A., 2014. "Networks and productivity: Causal evidence from editor rotations," Journal of Financial Economics, Elsevier, vol. 111(1), pages 251-270.
  • Handle: RePEc:eee:jfinec:v:111:y:2014:i:1:p:251-270
    DOI: 10.1016/j.jfineco.2013.10.006
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Chan, Kam C. & Chang, Chih-Hsiang & Chang, Yuanchen, 2015. "The network effects of publishing in finance," The North American Journal of Economics and Finance, Elsevier, vol. 33(C), pages 305-316.
    2. David Card & Stefano DellaVigna, 2017. "What do Editors Maximize? Evidence from Four Leading Economics Journals," NBER Working Papers 23282, National Bureau of Economic Research, Inc.
    3. Yushan Hu & Ben Li, 2017. "The Production Economics of The Economics Production," Boston College Working Papers in Economics 924, Boston College Department of Economics.
    4. repec:aea:jeclit:v:56:y:2018:i:1:p:115-56 is not listed on IDEAS
    5. Daniel S. Hamermesh, 2015. "Citations in Economics: Measurement, Uses and Impacts," NBER Working Papers 21754, National Bureau of Economic Research, Inc.
    6. Bransch, Felix & Kvasnicka, Michael, 2017. "Male Gatekeepers Gender Bias in the Publishing Process?," IZA Discussion Papers 11089, Institute for the Study of Labor (IZA).
    7. repec:eee:empfin:v:42:y:2017:i:c:p:155-174 is not listed on IDEAS
    8. Sultan Orazbayev, 2017. "Diversity and collaboration in Economics," UCL SSEES Economics and Business working paper series 2017-4, UCL School of Slavonic and East European Studies (SSEES).
    9. Yann Bramoull'e & Kenan Huremovi'c, 2017. "Promotion through Connections: Favors or Information?," Papers 1708.07723, arXiv.org.
    10. Agrawal, Ajay & McHale, John & Oettl, Alexander, 2017. "How stars matter: Recruiting and peer effects in evolutionary biology," Research Policy, Elsevier, vol. 46(4), pages 853-867.
    11. Baruffaldi, Stefano & Visentin, Fabiana & Conti, Annamaria, 2016. "The productivity of science & engineering PhD students hired from supervisors’ networks," Research Policy, Elsevier, vol. 45(4), pages 785-796.

    More about this item

    Keywords

    Editor networks; Citations;

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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