Pricing of scientific journal and market power

Mathias Dewatripont (), Victor A. Ginsburgh (), Patrick Legros and Alexis WALCKIERS

No 2007022, CORE Discussion Papers from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

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.

Date: 2007-03-01

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Related works:
Journal Article: Pricing of Scientific Journals and Market Power (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:cor:louvco:2007022

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