IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/80539.html
   My bibliography  Save this paper

An Elo Ranking for Economic Journals

Author

Listed:
  • Lehmann, Robert
  • Wohlrabe, Klaus

Abstract

Rankings for sports such as chess or table tennis are based on the so called Elo rating system. In this paper we apply this rating system to rank economic journals. One main advantage of the Elo ranking compared to existing ones is its explicit consideration of a journal's performance path. Another advantage is the easy application of the system to any journal metric that is published on a regular basis. Our application is based on data from Web of Science that comprises the impact factors of 382 economic journals for the period from 1997 to 2016. The most recent Elo ranking is quite different for rather 'middle-class' journals. However, also some differences for the top 30 emerge.

Suggested Citation

  • Lehmann, Robert & Wohlrabe, Klaus, 2017. "An Elo Ranking for Economic Journals," MPRA Paper 80539, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:80539
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/80539/1/MPRA_paper_80539.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Lutz Bornmann & Wolfgang Glänzel, 2017. "Applying the CSS method to bibliometric indicators used in (university) rankings," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(2), pages 1077-1079, February.
    2. Lutz Bornmann & Klaus Wohlrabe, 2019. "Normalisation of citation impact in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(2), pages 841-884, August.
    3. Lehmann, Robert & Wohlrabe, Klaus, 2017. "Who is the ‘Journal Grand Master’? A new ranking based on the Elo rating system," Journal of Informetrics, Elsevier, vol. 11(3), pages 800-809.
    4. Christian Zimmermann, 2013. "Academic Rankings with RePEc," Econometrics, MDPI, vol. 1(3), pages 1-32, December.
    5. Joe, Harry, 1991. "Rating systems based on paired comparison models," Statistics & Probability Letters, Elsevier, vol. 11(4), pages 343-347, April.
    6. 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.
    7. Carolin Michels & Ulrich Schmoch, 2012. "The growth of science and database coverage," Scientometrics, Springer;Akadémiai Kiadó, vol. 93(3), pages 831-846, December.
    8. Éric Archambault & Vincent Larivière, 2009. "History of the journal impact factor: Contingencies and consequences," Scientometrics, Springer;Akadémiai Kiadó, vol. 79(3), pages 635-649, June.
    9. González-Pereira, Borja & Guerrero-Bote, Vicente P. & Moya-Anegón, Félix, 2010. "A new approach to the metric of journals’ scientific prestige: The SJR indicator," Journal of Informetrics, Elsevier, vol. 4(3), pages 379-391.
    10. Jerome K. Vanclay, 2012. "Impact factor: outdated artefact or stepping-stone to journal certification?," Scientometrics, Springer;Akadémiai Kiadó, vol. 92(2), pages 211-238, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Klaus Wohlrabe & Lutz Bornmann, 2022. "Alphabetized co-authorship in economics reconsidered," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(5), pages 2173-2193, May.
    2. Waltman, Ludo, 2016. "A review of the literature on citation impact indicators," Journal of Informetrics, Elsevier, vol. 10(2), pages 365-391.
    3. Kun Lu & Isola Ajiferuke & Dietmar Wolfram, 2014. "Extending citer analysis to journal impact evaluation," Scientometrics, Springer;Akadémiai Kiadó, vol. 100(1), pages 245-260, July.
    4. Lutz Bornmann & Klaus Wohlrabe, 2019. "Normalisation of citation impact in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(2), pages 841-884, August.
    5. Johan Lyhagen & Per Ahlgren, 2020. "Uncertainty and the ranking of economics journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(3), pages 2545-2560, December.
    6. Ziqiang Zeng & Lantian Shi, 2021. "A two-dimensional journal classification method based on output and input factors: perspectives from citation and authorship related indicators," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(5), pages 3929-3964, May.
    7. Yves Fassin, 2021. "Does the Financial Times FT50 journal list select the best management and economics journals?," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(7), pages 5911-5943, July.
    8. de Carvalho, Gustavo Dambiski Gomes & Sokulski, Carla Cristiane & da Silva, Wesley Vieira & de Carvalho, Hélio Gomes & de Moura, Rafael Vignoli & de Francisco, Antonio Carlos & da Veiga, Claudimar Per, 2020. "Bibliometrics and systematic reviews: A comparison between the Proknow-C and the Methodi Ordinatio," Journal of Informetrics, Elsevier, vol. 14(3).
    9. Lutz Bornmann & Klaus Wohlrabe, 2019. "Die Normierung von Zitaten in der Volkswirtschaftslehre," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(20), pages 29-33, October.
    10. Rodrigo Dorantes-Gilardi & Aurora A. Ramírez-Álvarez & Diana Terrazas-Santamaría, 2023. "Is there a differentiated gender effect of collaboration with super-cited authors? Evidence from junior researchers in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 128(4), pages 2317-2336, April.
    11. Lehmann, Robert & Wohlrabe, Klaus, 2017. "Who is the ‘Journal Grand Master’? A new ranking based on the Elo rating system," Journal of Informetrics, Elsevier, vol. 11(3), pages 800-809.
    12. María Victoria Anauati & Sebastian Galiani & Ramiro H. Gálvez, 2020. "Differences In Citation Patterns Across Journal Tiers: The Case Of Economics," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1217-1232, July.
    13. Stefan Houweling & Sven Wolff, 2020. "The influence of scientific prestige and peer effects on the intention to create university spin-offs," The Journal of Technology Transfer, Springer, vol. 45(5), pages 1432-1450, October.
    14. Johannes König & David I. Stern & Richard S.J. Tol, 2022. "Confidence Intervals for Recursive Journal Impact Factors," Tinbergen Institute Discussion Papers 22-038/III, Tinbergen Institute.
    15. Simona Malovaná & Martin Hodula & Czech National Bank and Masaryk University in Brno, 2024. "Researching the Research: A Central Banking Edition," International Journal of Central Banking, International Journal of Central Banking, vol. 20(1), pages 263-323, February.
    16. Sabine Gralka & Klaus Wohlrabe, 2022. "Classifying top economists using archetypoid analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 29(14), pages 1342-1346, August.
    17. Constantin Bürgi & Klaus Wohlrabe, 2021. "Working Papers, Journal Articles, and Citations: An Empirical Analysis for the Top Five Journals in Economics," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(02), pages 51-54, February.
    18. Klaus Wohlrabe & Sabine Gralka, 2020. "Using archetypoid analysis to classify institutions and faculties of economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 123(1), pages 159-179, April.
    19. Alexandra Baumann & Klaus Wohlrabe, 2020. "Where have all the working papers gone? Evidence from four major economics working paper series," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(3), pages 2433-2441, September.
    20. McAleer, M.J. & Oláh, J. & Popp, J., 2018. "Pros and Cons of the Impact Factor in a Rapidly Changing Digital World," Econometric Institute Research Papers EI2018-11, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.

    More about this item

    Keywords

    Elo Rating System; Journal Rankings; Impact Factor;
    All these keywords.

    JEL classification:

    • A19 - General Economics and Teaching - - General Economics - - - Other
    • Z00 - Other Special Topics - - General - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:80539. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.