The Intellectual Influence of Economic Journals: Quality versus Quantity

László Kóczy () and Alexandru Nichifor ()
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Alexandru Nichifor: School of Economics and Finance, Castlecliffe, The Scores, University of St Andrews, UK

No 1215, CERS-IE WORKING PAPERS from Institute of Economics, Centre for Economic and Regional Studies

Abstract: The evaluation of scientific output has a key role in the allocation of research funds and academic positions. Decisions are often based on quality indicators for academic journals and over the years a handful of scoring methods have been proposed for this purpose. Discussing the most prominent methods (de facto standards) we show that they do not distinguish quality from quantity at article level. The systematic bias we find is analytically tractable and implies that the methods are manipulable. We introduce modified methods that correct for this bias, and use them to provide rankings of economic journals. Our methodology is transparent; our results are replicable.

Keywords: Modified invariant method; Invariance to article-splitting; Influence of economic journals; Impact factor; LP method; Invariant method (search for similar items in EconPapers)
JEL-codes: A1 C8 D72 Y1 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2012-03
New Economics Papers: this item is included in nep-sog
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Related works:
Journal Article: The intellectual influence of economic journals: quality versus quantity (2013)
Working Paper: The Intellectual Influence of Economic Journals: Quality versus Quantity (2012)
Working Paper: The intellectual influence of economic journals: quality versus quantity (2012)
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