How Different Are the Existing Ratings of Russian Economic Journals and How to Unify Them?

Andrey Subochev ()

Journal of the New Economic Association, 2016, vol. 30, issue 2, 181-192

Abstract: Recently, three ratings of Russian economic journals have been independently proposed by Muravyev (2012), Balatsky (2015) and researchers from the Higher School of Economics (2014). In this paper, quantitative estimates of their (in)consistency are obtained. Additionally, these three orderings are compared to journal rankings based on values of Science Index and 2- and 5-year impact factors published by eLIBRARY.ru. It is demonstrated that all journal orderings weakly, though positively, correlate with each other. A new approach to aggregation of journal rankings is proposed. Aggregation is considered as a multicriteria decision problem, and ordinal ranking methods from social choice theory are employed to solve it. One may apply either a social ranking rule or a multistage procedure of selection and exclusion of the best journals, as determined by a social choice solution concept. In this paper, Pareto principle and majority rule based solution concepts, such as the Copeland rule, the Pareto set, the core, the uncovered set and the minimal externally stable set, are used to produce aggregate rankings of 74 top Russian economic journals. Correlation analysis demonstrates that aggregate rankings reduce the number of contradictions and represent the set of initial three rankings better than any of the latter.

Keywords: journal ranking; economic journals; Russian journals; rank aggregation; multicriteria choice; social choice rules; majority rule; uncovered set; externally stable set; Copeland rule (search for similar items in EconPapers)
JEL-codes: C65 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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