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Competition of Economic Journals in Russia: Results of the Three Waves of Ranking
[Конкуренция Экономических Журналов России: Итоги Трех Волн Рейтингования]


  • Balatsky, Evgeny V. (Балацкий, Евгений)

    (Financial University under the Government of the Russian Federation)

  • Ekimova, Natalia A. (Екимова, Наталья)

    (Financial University under the Government of the Russian Federation)


The article discusses the dynamics of the list of the leading economic journals of the country in the Ranking of the Leading Economic Journals in 2013–2015 created by the authors with the support of the Financial University under the Government of the Russian Federation in the framework of the annual monitoring and ranking of the market of economic research. The authors show instability of the market of economic journals and identify publications that consistently hold the leading position. There are several qualitatively heterogeneous groups of periodicals in the Russian market of trade magazines which include magazines-aggressors and stagnating periodicals. That allows us to make a conclusion about high intensity of the competitive struggle in the market of economic journals stabilization of which can be expected not earlier than in 3–4 years. The article also examines the struggle for international status which is unfolding parallel to the struggle for a place in the Russian magazines market. We trace connection between scientific quality and reputation of journals on the basis of external expert survey of the country’s leading economists held for the purpose of implementing a limited verification of the generated rating of the product. We draw a paradoxical conclusion that the scientific level of a journal depends on its reputation (popularity). The article gives an economic interpretation of the revealed connection and provides its illustrative examples; the distinction between the reputation of a magazine and people’s wishes to be published in it is also examined. The authors dwell on typical errors that impede the success of economic journals and reveal their nature and importance using specific examples. The most common mistakes are: ill-considered name of a magazine; disregard of academic aesthetics; failure to fulfill the criterion of an All-Russia periodical; shortcomings of the content-policy; failures in peer review.

Suggested Citation

  • Balatsky, Evgeny V. (Балацкий, Евгений) & Ekimova, Natalia A. (Екимова, Наталья), 2017. "Competition of Economic Journals in Russia: Results of the Three Waves of Ranking
    [Конкуренция Экономических Журналов России: Итоги Трех Волн Рейтингования]
    ," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 178-201, December.
  • Handle: RePEc:rnp:ecopol:ep1768

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    References listed on IDEAS

    1. Fuad T. Aleskerov & Vladimir V. Pislyakov & Andrey N. Subochev, 2014. "Ranking Journals In Economics, Management And Political Science By Social Choice Theory Methods," HSE Working papers WP BRP 27/STI/2014, National Research University Higher School of Economics.
    2. Lawrence E. Blume & Steven N. Durlauf, 2015. "Capital in the Twenty-First Century: A Review Essay," Journal of Political Economy, University of Chicago Press, vol. 123(4), pages 749-777.
    3. Glaeser, Edward L, 1992. "The Cinderella Paradox Resolved," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 430-432, April.
    4. Рубинштейн Александр Яковлевич, "undated". "Ранжирование Российских Экономических Журналов: Научный Метод Или «Игра В Цыфирь»?
      [Ran Ranking of Russian Economic Journals: The Scientific Method or “Numbers Game”?]
      ," Working papers a:pru175:ye:2016:1, Institute of Economics.
    5. E. Balatsky & N. Ekimova., 2015. "The Experience of Ranking Russian Economic Journals," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 8.
    6. Shumilov, Andrei & Balatsky, Evgeny, 2016. "Академические рейтинги RePEc: вопросы построения и роль российских участников
      [RePEc Academic Rankings: Construction Issues and the Role of Russian Participants]
      ," MPRA Paper 70956, University Library of Munich, Germany.
    7. Guerrero-Bote, Vicente P. & Moya-Anegón, Félix, 2012. "A further step forward in measuring journals’ scientific prestige: The SJR2 indicator," Journal of Informetrics, Elsevier, vol. 6(4), pages 674-688.
    8. Per Krusell & Anthony A. Smith Jr., 2015. "Is Piketty's "Second Law of Capitalism" Fundamental?," Journal of Political Economy, University of Chicago Press, vol. 123(4), pages 725-748.
    9. Kenneth J. Arrow & Herve Raynaud, 1986. "Social Choice and Multicriterion Decision-Making," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262511754, January.
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    More about this item


    market of economic journals; ranking; academic level; academic reputation.;

    JEL classification:

    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions


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