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Another brick in the wall: a new ranking of academic journals in Economics using FDH

Author

Listed:
  • Antonio García-Romero

    (IE University)

  • Daniel Santín

    (Complutense University of Madrid)

  • Gabriela Sicilia

    (Complutense University of Madrid)

Abstract

The academic journals rankings are widely used for academic purposes, especially in the field of Economics. There are many procedures to construct academic journals rankings. Some of them are based on citation analysis while other are based on expert opinion. In this study, we introduced a methodological innovation to aggregate different performance measures to build an alternative ranking of journals in Economics. Our approach is based on a pure output oriented Free Disposal Hull (FDH). We analyzed four indicators—Journal Impact Factor, Discounted Impact Factor, h-index, and Article Influence—for a set of 232 journals in Economics. The results allow us to reach two main conclusions. First, the ranking based on the FDH method seems to be consistent with other well-known reference rankings (i.e.: KMS, Invariant, Ambitious and Area Score). Second, the additional information that provides the FDH model may be used by the Editorial Board to formulate strategies to achieve goals. For instance, to improve a journal score by comparing it with the scores of similar journals.

Suggested Citation

  • Antonio García-Romero & Daniel Santín & Gabriela Sicilia, 2016. "Another brick in the wall: a new ranking of academic journals in Economics using FDH," Scientometrics, Springer;Akadémiai Kiadó, vol. 107(1), pages 91-101, April.
  • Handle: RePEc:spr:scient:v:107:y:2016:i:1:d:10.1007_s11192-016-1843-3
    DOI: 10.1007/s11192-016-1843-3
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    2. Rosenthal, Edward C. & Weiss, Howard J., 2017. "A data envelopment analysis approach for ranking journals," Omega, Elsevier, vol. 70(C), pages 135-147.
    3. De Witte, Kristof & Schiltz, Fritz, 2018. "Measuring and explaining organizational effectiveness of school districts: Evidence from a robust and conditional Benefit-of-the-Doubt approach," European Journal of Operational Research, Elsevier, vol. 267(3), pages 1172-1181.
    4. Johan Lyhagen & Per Ahlgren, 2020. "Uncertainty and the ranking of economics journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(3), pages 2545-2560, December.
    5. 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).

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