nep-sog New Economics Papers
on Sociology of Economics
Issue of 2010‒08‒28
three papers chosen by
Jonas Holmström
Swedish School of Economics and Business Administration

  1. Great Expectatrics: Great Papers, Great Journals, Great Econometrics By Chia-Lin Chang; Michael McAleer; Les Oxley
  2. How does Zinfluence Affect Article Influence? By Chang, C-L.; McAleer, M.J.; Oxley, L.
  3. Information-Sharing in Academia and the Industry: A Comparative Study By Haeussler, Carolin

  1. By: 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)
    Abstract: The paper discusses alternative Research Assessment Measures (RAM), with an emphasis on the Thomson Reuters ISI Web of Science database (hereafter ISI). The various ISI RAM that are calculated annually or updated daily are defined and analysed, including the classic 2-year impact factor (2YIF), 5-year impact factor (5YIF), Immediacy (or zero-year impact factor (0YIF)), Eigenfactor score, Article Influence, C3PO (Citation Performance Per Paper Online), h-index, Zinfluence, and PI-BETA (Papers Ignored - By Even The Authors). The ISI RAM data are analysed for 8 leading econometrics journals and 4 leading statistics journals. The application to econometrics can be used as a template for other areas in economics, for other scientific disciplines, and as a benchmark for newer journals in a range of disciplines. In addition to evaluating high quality research in leading econometrics journals, the paper also compares econometrics and statistics, alternative RAM, highlights the similarities and differences in alternative RAM criteria, finds that several ISI RAM capture similar performance characteristics for the leading econometrics and statistics journals while the new PI-BETA criterion is not highly correlated with any of the other ISI RAM, and hence conveys additional information regarding ISI RAM, highlights major research areas in leading journals in econometrics, and discusses some likely future uses of RAM.
    Keywords: Research assessment measures, impact factors, Immediacy, Eigenfactor score, Article influence, h-index, C3PO, Zinfluence, PI-BETA
    Date: 2010–08
  2. By: Chang, C-L.; McAleer, M.J.; Oxley, L.
    Abstract: For financial support, the first author acknowledges the National Science Council, Taiwan; the second author acknowledges the Australian Research Council, National Science Council, Taiwan, a Visiting Erskine Fellowship, College of Business and Economics, University of Canterbury, and the Japan Society for the Promotion of Science; and the third author acknowledges the Royal Society of New Zealand, Marsden Fund.
    Keywords: impact factors;immediacy;eigenfactor;article influence;h-index;C3PO;zinfluence;PI-BETA;STAR;IFI;cited article influence
    Date: 2010–08–16
  3. By: Haeussler, Carolin
    Abstract: This paper investigates how scientists decide whether to share information with their colleagues or not. Detailed data on the decisions of 1,694 bio-scientists allow to detect similarities and differences between academia-based and industry-based scientists. Arguments from social capital theory are applied to explain why individuals share information even at (temporary) personal cost. In both realms, the results suggest that the likelihood of sharing decreases with the competitive value of the requested information. Factors related to social capital, i.e., expected reciprocity and the extent to which a scientist’s community conforms to the norm of open science, either directly affect information-sharing or moderate competitive interest considerations on information-sharing. The effect depends on the system to which a scientist belongs.
    Keywords: information-sharing; social capital; reciprocity; open science; bio-sciences; IP protection mechanisms
    JEL: D21 L2 D02 D8 Z13
    Date: 2010–07–17

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