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on Sociology of Economics |
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Issue of 2011‒09‒05
two papers chosen by Jonas Holmström Swedish School of Economics and Business Administration |
| By: | George Emm. Halkos; Nickolaos G. Tzeremes |
| Abstract: | This paper by using Data Envelopment Analysis (DEA) and statistical inference evaluates the citation performance of 229 economic journals. The paper categorizes the journals into four main categories (A to D) based on their efficiency levels. The results are then compared to the 27 “core economic journals” as introduced by Dimond (1989). The results reveal that after more than twenty years Diamonds’ list of “core economic journals” is still valid. Finally, for the first time the paper uses data from four well-known databases (SSCI, Scopus, RePEc, Econlit) and two quality ranking reports (Kiel Institute internals ranking and ABS quality ranking report) in a DEA setting and in order to derive the ranking of 229 economic journals. The ten economic journals with the highest citation performance are Journal of Political Economy, Econometrica, Quarterly Journal of Economics, Journal of Financial Economics, Journal of Economic Literature, American Economic Review, Review of Economic Studies, Journal of Econometrics, Journal of Finance, Brookings Papers on Economic Activity. |
| Keywords: | Ranking journals; Data Envelopment Analysis; Indexing techniques; Nonparametric analysis. |
| JEL: | C02 C14 C61 C67 |
| Date: | 2011–08–13 |
| URL: | http://d.repec.org/n?u=RePEc:eei:rpaper:eeri_rp_2011_13&r=sog |
| By: | Bruno S. Frey; Margit Osterloh |
| Abstract: | Research rankings based on publications and citations today dominate governance of academia. Yet they have unintended side effects on individual scholars and academic institutions and can be counterproductive. They induce a substitution of the "taste for science" by a "taste for publication". We suggest as alternatives careful selection and socialization of scholars, supplemented by periodic self-evaluations and awards. Neither should rankings be a basis for the distributions of funds within universities. Rather, qualified individual scholars should be supported by basic funds to be able to engage in new and unconventional research topics and methods. |
| Keywords: | Academic governance; rankings; motivation; selection; socialization |
| JEL: | A10 D02 H83 L23 M50 |
| Date: | 2011–08 |
| URL: | http://d.repec.org/n?u=RePEc:cra:wpaper:2011-16&r=sog |