IDEAS home Printed from https://ideas.repec.org/a/eee/jomega/v51y2015icp11-23.html
   My bibliography  Save this article

Towards a consolidation of worldwide journal rankings – A classification using random forests and aggregate rating via data envelopment analysis

Author

Listed:
  • Tüselmann, Heinz
  • Sinkovics, Rudolf R.
  • Pishchulov, Grigory

Abstract

The question of how to assess research outputs published in journals is now a global concern for academics. Numerous journal ratings and rankings exist, some featuring perceptual and peer-review-based journal ranks, some focusing on objective information related to citations, some using a combination of the two. This research consolidates existing journal rankings into an up-to-date and comprehensive list. Existing approaches to determining journal rankings are significantly advanced with the application of a new classification approach, ‘random forests’, and data envelopment analysis. As a result, a fresh look at a publication׳s place in the global research community is offered. While our approach is applicable to all management and business journals, we specifically exemplify the relative position of ‘operations research, management science, production and operations management’ journals within the broader management field, as well as within their own subject domain.

Suggested Citation

  • Tüselmann, Heinz & Sinkovics, Rudolf R. & Pishchulov, Grigory, 2015. "Towards a consolidation of worldwide journal rankings – A classification using random forests and aggregate rating via data envelopment analysis," Omega, Elsevier, vol. 51(C), pages 11-23.
    • Handle: RePEc:eee:jomega:v:51:y:2015:i:c:p:11-23
    DOI: 10.1016/j.omega.2014.08.002
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0305048314000966
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.omega.2014.08.002?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. Liu, W.B. & Zhang, D.Q. & Meng, W. & Li, X.X. & Xu, F., 2011. "A study of DEA models without explicit inputs," Omega, Elsevier, vol. 39(5), pages 472-480, October.
    2. Wang, Ying-Ming & Chin, Kwai-Sang, 2010. "Some alternative models for DEA cross-efficiency evaluation," International Journal of Production Economics, Elsevier, vol. 128(1), pages 332-338, November.
    3. repec:bla:germec:v:10:y:2009:i::p:352-363 is not listed on IDEAS
    4. Chiang Kao & Hsiou-Wei Lin & San-Lin Chung & Wei-Chi Tsai & Jyh-Shen Chiou & Yen-Liang Chen & Liang-Hsuan Chen & Shih-Chieh Fang & Hwei-Lan Pao, 2008. "Ranking Taiwanese management journals: A case study," Scientometrics, Springer;Akadémiai Kiadó, vol. 76(1), pages 95-115, July.
    5. Meredith, Jack R. & Steward, Michelle D. & Lewis, Bruce R., 2011. "Knowledge dissemination in operations management: Published perceptions versus academic reality," Omega, Elsevier, vol. 39(4), pages 435-446, August.
    6. Jones, M. J. & Brinn, T. & Pendlebury, M., 1996. "Journal evaluation methodologies: A balanced response," Omega, Elsevier, vol. 24(5), pages 607-612, October.
    7. Lovell, C. A. Knox & Pastor, Jesus T., 1999. "Radial DEA models without inputs or without outputs," European Journal of Operational Research, Elsevier, vol. 118(1), pages 46-51, October.
    8. Günther G. Schulze & Susanne Warning & Christian Wiermann, 2008. "Zeitschriftenrankings für die Wirtschaftswissenschaften – Konstruktion eines umfassenden Metaindexes," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(3), pages 286-305, August.
    9. Bruno S. Frey & Katja Rost, 2010. "Do rankings reflect research quality?," Journal of Applied Economics, Universidad del CEMA, vol. 13, pages 1-38, May.
    10. Bancroft, Diccon R. E. & Gopinath, C. & Kovacs, Agnes M. & Rejto, Lidia K., 1999. "A new methodology for aggregating tables: Summarizing journal quality data," Journal of Business Venturing, Elsevier, vol. 14(3), pages 311-319, May.
    11. Timothy Clark & Mike Wright, 2007. "Reviewing Journal Rankings and Revisiting Peer Reviews: Editorial Perspectives," Journal of Management Studies, Wiley Blackwell, vol. 44(4), pages 612-621, June.
    12. Wolfgang Glänzel & Henk F. Moed, 2002. "Journal impact measures in bibliometric research," Scientometrics, Springer;Akadémiai Kiadó, vol. 53(2), pages 171-193, February.
    13. Sönke Albers, 2009. "Misleading Rankings of Research in Business," German Economic Review, Verein für Socialpolitik, vol. 10(3), pages 352-363, August.
    14. Cook, Wade D. & Doyle, John & Green, Rodney & Kress, Moshe, 1997. "Multiple criteria modelling and ordinal data: Evaluation in terms of subsets of criteria," European Journal of Operational Research, Elsevier, vol. 98(3), pages 602-609, May.
    15. Liu, John S. & Lu, Louis Y.Y. & Lu, Wen-Min & Lin, Bruce J.Y., 2013. "A survey of DEA applications," Omega, Elsevier, vol. 41(5), pages 893-902.
    16. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    17. K S Park & I Jeong, 2011. "How to treat strict preference information in multicriteria decision analysis," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(10), pages 1771-1783, October.
    18. 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.
    19. Foroughi, A.A. & Tamiz, M., 2005. "An effective total ranking model for a ranked voting system," Omega, Elsevier, vol. 33(6), pages 491-496, December.
    20. Theuβl, Stefan & Reutterer, Thomas & Hornik, Kurt, 2014. "How to derive consensus among various marketing journal rankings?," Journal of Business Research, Elsevier, vol. 67(5), pages 998-1006.
    21. Green, Rodney H. & Doyle, John R. & Cook, Wade D., 1996. "Preference voting and project ranking using DEA and cross-evaluation," European Journal of Operational Research, Elsevier, vol. 90(3), pages 461-472, May.
    22. Diskin, Abraham & Felsenthal, Dan S., 2007. "Individual rationality and bargaining," LSE Research Online Documents on Economics 24233, London School of Economics and Political Science, LSE Library.
    23. Johan Bollen & Herbert Van de Sompel & Aric Hagberg & Ryan Chute, 2009. "A Principal Component Analysis of 39 Scientific Impact Measures," PLOS ONE, Public Library of Science, vol. 4(6), pages 1-11, June.
    24. Frank L DuBois & David Reeb, 2000. "Ranking the International Business Journals," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 31(4), pages 689-704, December.
    25. Joe Zhu, 2014. "Data Envelopment Analysis," International Series in Operations Research & Management Science, in: Quantitative Models for Performance Evaluation and Benchmarking, edition 3, chapter 1, pages 1-9, Springer.
    26. Abraham Diskin & Dan Felsenthal, 2007. "Individual rationality and bargaining," Public Choice, Springer, vol. 133(1), pages 25-29, October.
    27. Llamazares, Bonifacio & Pea, Teresa, 2009. "Preference aggregation and DEA: An analysis of the methods proposed to discriminate efficient candidates," European Journal of Operational Research, Elsevier, vol. 197(2), pages 714-721, September.
    28. Moed, Henk F., 2010. "Measuring contextual citation impact of scientific journals," Journal of Informetrics, Elsevier, vol. 4(3), pages 265-277.
    29. Loet Leydesdorff, 2008. "Caveats for the use of citation indicators in research and journal evaluations," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 59(2), pages 278-287, January.
    30. Hapfelmeier, A. & Hothorn, T. & Ulm, K., 2012. "Recursive partitioning on incomplete data using surrogate decisions and multiple imputation," Computational Statistics & Data Analysis, Elsevier, vol. 56(6), pages 1552-1565.
    31. Cook, Wade D. & Tone, Kaoru & Zhu, Joe, 2014. "Data envelopment analysis: Prior to choosing a model," Omega, Elsevier, vol. 44(C), pages 1-4.
    32. Wade D. Cook & Tal Raviv & Alan J. Richardson, 2010. "Aggregating Incomplete Lists of Journal Rankings: An Application to Academic Accounting Journals," Accounting Perspectives, John Wiley & Sons, vol. 9(3), pages 217-235, September.
    33. Liu, John S. & Lu, Louis Y.Y. & Lu, Wen-Min & Lin, Bruce J.Y., 2013. "Data envelopment analysis 1978–2010: A citation-based literature survey," Omega, Elsevier, vol. 41(1), pages 3-15.
    34. K S Park & I Jeong, 2011. "How to treat strict preference information in multicriteria decision analysis," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(10), pages 1771-1783, October.
    35. Hashimoto, Akihiro, 1997. "A ranked voting system using a DEA/AR exclusion model: A note," European Journal of Operational Research, Elsevier, vol. 97(3), pages 600-604, March.
    36. Stefano Benati & Silvana Stefani, 2011. "The Academic Journal Ranking Problem: A Fuzzy-Clustering Approach," Journal of Classification, Springer;The Classification Society, vol. 28(1), pages 7-20, April.
    37. Garry D. Bruton & Chung‐Ming Lau, 2008. "Asian Management Research: Status Today and Future Outlook," Journal of Management Studies, Wiley Blackwell, vol. 45(3), pages 636-659, May.
    38. A C B Tse, 2001. "Using mathematical programming to solve large ranking problems," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 52(10), pages 1144-1150, October.
    39. William W. Cooper & Lawrence M. Seiford & Kaoru Tone, 2007. "Data Envelopment Analysis," Springer Books, Springer, edition 0, number 978-0-387-45283-8, December.
    40. Christopher Paul & William Mason & Daniel McCaffrey & Sarah Fox, 2008. "A cautionary case study of approaches to the treatment of missing data," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 17(3), pages 351-372, July.
    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. Pishchulov, Grigory & Trautrims, Alexander & Chesney, Thomas & Gold, Stefan & Schwab, Leila, 2019. "The Voting Analytic Hierarchy Process revisited: A revised method with application to sustainable supplier selection," International Journal of Production Economics, Elsevier, vol. 211(C), pages 166-179.
    2. Merigó, José M. & Yang, Jian-Bo, 2017. "A bibliometric analysis of operations research and management science," Omega, Elsevier, vol. 73(C), pages 37-48.
    3. Rosenthal, Edward C. & Weiss, Howard J., 2017. "A data envelopment analysis approach for ranking journals," Omega, Elsevier, vol. 70(C), pages 135-147.
    4. Saarela, Mirka & Kärkkäinen, Tommi, 2020. "Can we automate expert-based journal rankings? Analysis of the Finnish publication indicator," Journal of Informetrics, Elsevier, vol. 14(2).
    5. Ryazanova, Olga & McNamara, Peter & Aguinis, Herman, 2017. "Research performance as a quality signal in international labor markets: Visibility of business schools worldwide through a global research performance system," Journal of World Business, Elsevier, vol. 52(6), pages 831-841.
    6. Li, Zongmin & Xu, Jiuping & Lev, Benjamin & Gang, Jun, 2015. "Multi-criteria group individual research output evaluation based on context-free grammar judgments with assessing attitude," Omega, Elsevier, vol. 57(PB), pages 282-293.
    7. Tüselmann, Heinz & Sinkovics, Rudolf R. & Pishchulov, Grigory, 2016. "Revisiting the standing of international business journals in the competitive landscape," Journal of World Business, Elsevier, vol. 51(4), pages 487-498.
    8. Chen, Kun & Ren, Xian-tong & Yang, Guo-liang, 2021. "A novel approach for assessing academic journals: Application of integer DEA model for management science and operations research field," Journal of Informetrics, Elsevier, vol. 15(3).
    9. Ballings, Michel & Van den Poel, Dirk & Bogaert, Matthias, 2016. "Social media optimization: Identifying an optimal strategy for increasing network size on Facebook," Omega, Elsevier, vol. 59(PA), pages 15-25.
    10. Ghulam, Yaseen & Jaffry, Shabbar, 2015. "Efficiency and productivity of the cement industry: Pakistani experience of deregulation and privatisation," Omega, Elsevier, vol. 54(C), pages 101-115.
    11. Amon, Julian & Hornik, Kurt, 2022. "Is it all bafflegab? – Linguistic and meta characteristics of research articles in prestigious economics journals," Journal of Informetrics, Elsevier, vol. 16(2).
    12. Rialp, Alex & Merigó, José M. & Cancino, Christian A. & Urbano, David, 2019. "Twenty-five years (1992–2016) of the International Business Review: A bibliometric overview," International Business Review, Elsevier, vol. 28(6), pages 1-1.
    13. Sahoo, Biresh K. & Singh, Ramadhar & Mishra, Bineet & Sankaran, Krithiga, 2017. "Research productivity in management schools of India during 1968-2015: A directional benefit-of-doubt model analysis," Omega, Elsevier, vol. 66(PA), pages 118-139.

    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. Tüselmann, Heinz & Sinkovics, Rudolf R. & Pishchulov, Grigory, 2016. "Revisiting the standing of international business journals in the competitive landscape," Journal of World Business, Elsevier, vol. 51(4), pages 487-498.
    2. Pishchulov, Grigory & Trautrims, Alexander & Chesney, Thomas & Gold, Stefan & Schwab, Leila, 2019. "The Voting Analytic Hierarchy Process revisited: A revised method with application to sustainable supplier selection," International Journal of Production Economics, Elsevier, vol. 211(C), pages 166-179.
    3. Sahoo, Biresh K. & Singh, Ramadhar & Mishra, Bineet & Sankaran, Krithiga, 2017. "Research productivity in management schools of India during 1968-2015: A directional benefit-of-doubt model analysis," Omega, Elsevier, vol. 66(PA), pages 118-139.
    4. Rosenthal, Edward C. & Weiss, Howard J., 2017. "A data envelopment analysis approach for ranking journals," Omega, Elsevier, vol. 70(C), pages 135-147.
    5. Sahoo, Biresh & Singh, Ramadhar & Mishra, Bineet & Sankaran, Krithiga, 2015. "Research Productivity in Management Schools of India: A Directional Benefit-of-Doubt Model Analysis," MPRA Paper 67046, University Library of Munich, Germany.
    6. Laura Vana & Ronald Hochreiter & Kurt Hornik, 2016. "Computing a journal meta-ranking using paired comparisons and adaptive lasso estimators," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(1), pages 229-251, January.
    7. Dyckhoff, Harald & Souren, Rainer, 2022. "Integrating multiple criteria decision analysis and production theory for performance evaluation: Framework and review," European Journal of Operational Research, Elsevier, vol. 297(3), pages 795-816.
    8. Soltanifar, Mehdi & Shahghobadi, Saeid, 2013. "Selecting a benevolent secondary goal model in data envelopment analysis cross-efficiency evaluation by a voting model," Socio-Economic Planning Sciences, Elsevier, vol. 47(1), pages 65-74.
    9. Moncayo–Martínez, Luis A. & Ramírez–Nafarrate, Adrián & Hernández–Balderrama, María Guadalupe, 2020. "Evaluation of public HEI on teaching, research, and knowledge dissemination by Data Envelopment Analysis," Socio-Economic Planning Sciences, Elsevier, vol. 69(C).
    10. Sarmento, Joaquim Miranda & Renneboog, Luc & Verga-Matos, Pedro, 2017. "Measuring highway efficiency : A DEA approach and the Malquist index," Other publications TiSEM 23264815-321e-45a3-83ee-9, Tilburg University, School of Economics and Management.
    11. Liu, John S. & Lu, Louis Y.Y. & Lu, Wen-Min, 2016. "Research fronts in data envelopment analysis," Omega, Elsevier, vol. 58(C), pages 33-45.
    12. Vincent Charles & Ioannis E. Tsolas & Tatiana Gherman, 2018. "Satisficing data envelopment analysis: a Bayesian approach for peer mining in the banking sector," Annals of Operations Research, Springer, vol. 269(1), pages 81-102, October.
    13. Lampe, Hannes W. & Hilgers, Dennis, 2015. "Trajectories of efficiency measurement: A bibliometric analysis of DEA and SFA," European Journal of Operational Research, Elsevier, vol. 240(1), pages 1-21.
    14. Toloo, Mehdi & Hančlová, Jana, 2020. "Multi-valued measures in DEA in the presence of undesirable outputs," Omega, Elsevier, vol. 94(C).
    15. Madjid Tavana & Mehdi Soltanifar & Francisco J. Santos-Arteaga, 2023. "Analytical hierarchy process: revolution and evolution," Annals of Operations Research, Springer, vol. 326(2), pages 879-907, July.
    16. González, Eduardo & Cárcaba, Ana & Ventura, Juan, 2015. "How car dealers adjust prices to reach the product efficiency frontier in the Spanish automobile market," Omega, Elsevier, vol. 51(C), pages 38-48.
    17. Youchao Tan & Yang Zhang & Roohollah Khodaverdi, 2017. "Service performance evaluation using data envelopment analysis and balance scorecard approach: an application to automotive industry," Annals of Operations Research, Springer, vol. 248(1), pages 449-470, January.
    18. Kottas, Angelos T. & Madas, Michael A., 2018. "Comparative efficiency analysis of major international airlines using Data Envelopment Analysis: Exploring effects of alliance membership and other operational efficiency determinants," Journal of Air Transport Management, Elsevier, vol. 70(C), pages 1-17.
    19. Rodrigues, Antonio Carlos & Martins, Ricardo Silveira & Wanke, Peter Fernandes & Siegler, Janaina, 2018. "Efficiency of specialized 3PL providers in an emerging economy," International Journal of Production Economics, Elsevier, vol. 205(C), pages 163-178.
    20. Ya Chen & Justin Wang & Joe Zhu & H. David Sherman & Shin-Yi Chou, 2019. "How the Great Recession affects performance: a case of Pennsylvania hospitals using DEA," Annals of Operations Research, Springer, vol. 278(1), pages 77-99, July.

    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:jomega:v:51:y:2015:i:c:p:11-23. 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/wps/find/journaldescription.cws_home/375/description#description .

    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.