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General-interest versus specialty journals: Using intellectual influence of econometrics research to rank economics journals and articles

Author

Listed:
  • Yong Bao

    (Department of Economics, Purdue University, West Lafayette, IN, USA)

  • Melody Lo

    (Department of Economics, University of Texas at San Antonio, San Antonio, TX, USA)

  • Franklin G. Mixon

    (Department of Economics, Mercer University, Macon, GA, USA)

Abstract

This paper demonstrates the potential problem in using existing economics journal rankings to evaluate the research productivity of scholars by constructing a new ranking of economics journals and articles. Based on 2142 econometrics sample articles published from 2000 to 2005, our ranking results show that the intellectual influence of an econometrics article published in several econometrics|statistics journals is much higher than if it were published in the most prestigious general-interest journal. Given that a study's potential influence is integrated into the submission decision, this suggests a substantial downward bias toward econometricians when existing rankings are used to evaluate their research productivity. Copyright © 2009 John Wiley & Sons, Ltd.

Suggested Citation

  • Yong Bao & Melody Lo & Franklin G. Mixon, 2010. "General-interest versus specialty journals: Using intellectual influence of econometrics research to rank economics journals and articles," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(2), pages 345-353.
  • Handle: RePEc:jae:japmet:v:25:y:2010:i:2:p:345-353
    DOI: 10.1002/jae.1104
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    File URL: http://qed.econ.queensu.ca:80/jae/2010-v25.2/
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    References listed on IDEAS

    as
    1. Ignacio Palacios-Huerta & Oscar Volij, 2004. "The Measurement of Intellectual Influence," Econometrica, Econometric Society, vol. 72(3), pages 963-977, May.
    2. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1346-1366, December.
    3. Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March.
    4. Yolanda Kodrzycki & Pingkang David Yu, 2005. "New approaches to ranking economics journals," Working Papers 05-12, Federal Reserve Bank of Boston.
    5. Richard Dusansky & Clayton J. Vernon, 1998. "Rankings of U.S. Economics Departments," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 157-170, Winter.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Wohlrabe, Klaus, 2016. "Taking the Temperature: A Meta-Ranking of Economics Journals," MPRA Paper 68933, University Library of Munich, Germany.
    2. Theodore Eisenberg & Martin T. Wells, 2014. "Ranking Law Journals And The Limits Of Journal Citation Reports," Economic Inquiry, Western Economic Association International, vol. 52(4), pages 1301-1314, October.
    3. Hagendorf, Klaus, 2011. "Crowding out capitalism: A law of historical materialism," MPRA Paper 31745, University Library of Munich, Germany.
    4. L. Lambertini & G. Leitmann, 2011. "Market Power, Resource Extraction and Pollution: Some Paradoxes and a Unified View," Working Papers wp798, Dipartimento Scienze Economiche, Universita' di Bologna.
    5. Lutz Bornmann & Alexander Butz & Klaus Wohlrabe, 2018. "What are the top five journals in economics? A new meta-ranking," Applied Economics, Taylor & Francis Journals, vol. 50(6), pages 659-675, February.
    6. Christopher Bruffaerts & Bram De Rock & Catherine Dehon, 2013. "The Research Efficiency of US Universities: a Nonparametric Frontier Modelling Approach," Working Papers ECARES ECARES 2013-31, ULB -- Universite Libre de Bruxelles.

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