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How are Journal Impact, Prestige and Article Influence Related? An Application to Neuroscience


  • Chia-Lin Chang

    (Department of Applied Economics, National Chung Hsing University)

  • Michael McAleer

    (Erasmus University Rotterdam, Tinbergen Institute, The Netherlands, and Institute of Economic Research, Kyoto University)

  • Les Oxley

    (Department of Economics and Finance, University of Canterbury)


The paper analyses the leading journals in Neurosciences using quantifiable Research Assessment Measures (RAM), highlights the similarities and differences in alternative RAM, shows that several RAM capture similar performance characteristics of highly cited journals, and shows that some other RAM have low correlations with each other, and hence add significant informational value. Alternative RAM are discussed for the Thomson Reuters ISI Web of Science database (hereafter ISI). The RAM that are calculated annually or updated daily include the classic 2-year impact factor (2YIF), 5-year impact factor (5YIF), Immediacy (or zero-year impact factor (0YIF)), Eigenfactor score, Article Influence score, C3PO (Citation Performance Per Paper Online), h-index, Zinfluence, PI-BETA (Papers Ignored - By Even The Authors), 2-year and historical Self-citation Threshold Approval Ratings (STAR), Impact Factor Inflation (IFI), and Cited Article Influence (CAI). The RAM are analysed for 26 highly cited journals in the ISI category of Neurosciences. The paper finds that the Eigenfactor score and PI-BETA are not highly correlated with the other RAM scores, so that they convey additional information regarding journal rankings, that Article Influence is highly correlated with some existing RAM, so that it has little informative incremental value, and that CAI has additional informational value to that of Article Influence. Harmonic mean rankings of the 13 RAM criteria for the 26 highly cited journals are also presented. Emphasizing the 2-year impact factor of a journal to the exclusion of other informative RAM criteria is shown to lead to a distorted evaluation of journal performance and influence, especially given the informative value of several other RAM.

Suggested Citation

  • Chia-Lin Chang & Michael McAleer & Les Oxley, 2011. "How are Journal Impact, Prestige and Article Influence Related? An Application to Neuroscience," KIER Working Papers 756, Kyoto University, Institute of Economic Research.
  • Handle: RePEc:kyo:wpaper:756

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    References listed on IDEAS

    1. Chia-Lin Chang & Michael McAleer & Les Oxley, 2011. "Great Expectatrics: Great Papers, Great Journals, Great Econometrics," Econometric Reviews, Taylor & Francis Journals, vol. 30(6), pages 583-619.
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    Cited by:

    1. Chia-Lin Chang & Michael Mcaleer, 2014. "Just How Good Are The Top Three Journals In Finance? An Assessment Based On Quantity And Quality Citations," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 9(01), pages 1-31.
    2. Chang, Chia-Lin & Chen, Li-Hsueh & Hammoudeh, Shawkat & McAleer, Michael, 2012. "Asymmetric adjustments in the ethanol and grains markets," Energy Economics, Elsevier, vol. 34(6), pages 1990-2002.
    3. Chang, Chia-Lin & McAleer, Michael & Oxley, Les, 2013. "Coercive journal self citations, impact factor, Journal Influence and Article Influence," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 93(C), pages 190-197.
    4. Chia-Lin Chang & Esfandiar Maasoumi & Michael McAleer, 2016. "Robust Ranking of Journal Quality: An Application to Economics," Econometric Reviews, Taylor & Francis Journals, vol. 35(1), pages 50-97, January.
    5. Chia-Lin Chang & Michael Mcaleer, 2013. "What Do Experts Know About Forecasting Journal Quality? A Comparison With Isi Research Impact In Finance," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 1-30.
    6. Chia-Lin Chang & Michael McAleer & Les Oxley, 2012. "Journal Impact Factor, Eigenfactor, Journal Influence and Article Influence," Documentos de Trabajo del ICAE 2012-15, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    7. Chia-Lin Chang & Michael McAleer, 2016. "Quality weighted citations versus total citations in the sciences and social sciences, with an application to finance and accounting," Managerial Finance, Emerald Group Publishing, vol. 42(4), pages 324-337, April.
    8. Chia-Lin Chang & Michael McAleer, 2013. "Ranking journal quality by harmonic mean of ranks: an application to ISI statistics & probability," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 67(1), pages 27-53, February.
    9. Chang, C-L. & McAleer, M.J., 2012. "What do Experts Know About Ranking Journal Quality? A Comparison with ISI Research Impact in Finance," Econometric Institute Research Papers EI2012-01, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    10. Chia-Lin Chang & Michael McAleer, 2014. "How Should Journal Quality be Ranked? An Application to Agricultural, Energy, Environmental and Resource Economics," Journal of Reviews on Global Economics, Lifescience Global, vol. 3, pages 33-47.
    11. Chia-Lin Chang & Michael McAleer, 2013. "Ranking Leading Econometrics Journals Using Citations Data from ISI and RePEc," Econometrics, MDPI, Open Access Journal, vol. 1(3), pages 1-19, November.
    12. Chia-Lin Chang & Michael McAleer, 2015. "Bibliometric Rankings of Journals Based on the Thomson Reuters Citations Database," Journal of Reviews on Global Economics, Lifescience Global, vol. 4, pages 120-125.
    13. 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.
    14. Dašić Predrag, 2015. "State and Analysis of Scientific Journals in the Field of “Economic Sciences” for the Period 1995-2014," Economic Themes, De Gruyter Open, vol. 53(4), pages 547-581, December.

    More about this item


    Impact factor; Prestige; Immediacy; Eigenfactor; Article Influence; h-index; C3PO; Zinfluence; PI-BETA; STAR; IFI; Cited Article influence.;

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