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Pricing of scientific journals and market power

Author

Listed:
  • DEWATRIPONT, Mathias
  • GINSBURGH, Victor
  • LEGROS, Patrick
  • WALCKIERS, Alexis

Abstract

We analyze the empirical relationship between journal prices, their quality measured by their citation counts, their age, as well as conduct of publishers. The database covers 22 scientific fields and over 2600 among the most highly reputed and cited journals in 2003. We show that (a) for-profit journals charge roughly 3 times more than journals run by scientific societies; (b) the number of citations has a positive impact on prices; (c) there are large differences in prices across fields that vary from 1 and 6; these are highly (and positively) correlated with the degree of concentration in the industry.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • DEWATRIPONT, Mathias & GINSBURGH, Victor & LEGROS, Patrick & WALCKIERS, Alexis, 2007. "Pricing of scientific journals and market power," LIDAM Reprints CORE 1957, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:1957
    DOI: 10.1162/jeea.2007.5.2-3.400
    Note: In : Journal of the European Economic Association, 5(2-3), 400-410, 2007
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    Citations

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    Cited by:

    1. Oliver Budzinski & Thomas Grebel & Jens Wolling & Xijie Zhang, 2020. "Drivers of article processing charges in open access," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(3), pages 2185-2206, September.
    2. Victor Ginsburgh, 2013. "Mark Blaug and the economics of the arts," Chapters, in: Marcel Boumans & Matthias Klaes (ed.), Mark Blaug: Rebel with Many Causes, chapter 15, pages 208-224, Edward Elgar Publishing.
    3. Sumiko Asai, 2023. "Does double dipping occur? The case of Wiley’s hybrid journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 128(9), pages 5159-5168, September.
    4. Damien Besancenot & Radu Vranceanu, 2017. "A model of scholarly publishing with hybrid academic journals," Theory and Decision, Springer, vol. 82(1), pages 131-150, January.
    5. Mark Armstrong, 2010. "Collection Sales: Good Or Bad For Journals?," Economic Inquiry, Western Economic Association International, vol. 48(1), pages 163-176, January.
    6. Zhang, Xijie, 2024. "Is open access disrupting the journal business? A perspective from comparing full adopters, partial adopters, and non-adopters," Journal of Informetrics, Elsevier, vol. 18(4).
    7. Yuqing Zheng & Harry M. Kaiser, 2012. "Price Discrimination in the Subscription Market for Economics Journals," Southern Economic Journal, John Wiley & Sons, vol. 79(2), pages 464-480, October.
    8. repec:hal:cepnwp:hal-00971541 is not listed on IDEAS
    9. William H. Walters, 2022. "Can differences in publisher size account for the relatively low prices of the journals available to master’s universities through commercial publishers’ databases? The importance of price discriminat," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(2), pages 1065-1097, February.
    10. Campbell, James D., 2015. "Ownership and pricing of information: A model and application to open access," Information Economics and Policy, Elsevier, vol. 33(C), pages 29-42.
    11. Yuqing Zheng & Harry M. Kaiser, 2016. "Submission Demand In Core Economics Journals: A Panel Study," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 1319-1338, April.
    12. Sumiko Asai, 2020. "Market power of publishers in setting article processing charges for open access journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 123(2), pages 1037-1049, May.
    13. repec:hal:journl:hal-00971541 is not listed on IDEAS
    14. Milan Frederik Klus & Alexander Dilger, 2020. "Success factors of academic journals in the digital age," Business Research, Springer;German Academic Association for Business Research, vol. 13(3), pages 1115-1143, November.

    More about this item

    JEL classification:

    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • Z00 - Other Special Topics - - General - - - General

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