nep-sog New Economics Papers
on Sociology of Economics
Issue of 2010‒12‒04
one paper chosen by
Jonas Holmström
Swedish School of Economics and Business Administration

  1. Peer Review versus Citations - An Analysis of Best Paper Prizes By Tom Coupe

  1. By: Tom Coupe (Kyiv School of Economics, Kyiv Economic Institute)
    Abstract: In this paper, I analyze the ‘best paper’ prizes given by economics and finance journals to the best article published in their journal in a given year. More specifically, I compare the citations received by best paper prize-winning papers to citations received by papers that are awarded runner up prizes and to citations received by non-winning papers. In this way, I evaluate to what extent the prize jury members are able to pick the papers that are ‘best’ in terms of citations. The data show that the paper that gets the ‘best paper’ prize, is rarely the most cited paper; is, in a small majority of cases, cited more than the runner up papers and is, in most cases, cited more than the median paper.
    Keywords: peer review, citations, academic quality, performance evaluation
    JEL: A10
    Date: 2010–06

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