nep-sog New Economics Papers
on Sociology of Economics
Issue of 2012‒06‒13
two papers chosen by
Jonas Holmström
Swedish School of Economics and Business Administration

  1. The Intellectual Influence of Economic Journals: Quality versus Quantity By L szl¢ A. K¢czy; Alexandru Nichifor
  2. Citation Success Over Time: Theory or Empirics? By David W. Johnston; Marco Piatti; Benno Torgler

  1. By: L szl¢ A. K¢czy (Institute of Economics Research Centre for Economic and Regional Studies Hungarian Academy of Sciences); Alexandru Nichifor (School of Economics and Finance, Castlecliffe, The Scores, University of St Andrews, UK)
    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
    JEL: A1 C8 D72 Y1
    Date: 2012–03
  2. By: David W. Johnston; Marco Piatti; Benno Torgler
    Abstract: This study investigates the citation patterns of theoretical and empirical papers over a period of almost 30 years, while also exploring the determinants of citation success. The results indicate that empirical papers attract more citation success than theoretical studies. However, the pattern over time is very similar with yearly mean citations peaking after around 4 years. Moreover, among empirical papers it appears that the cross-country studies are more successful than single country studies focusing on North America data or other regions.
    Keywords: Citations; Theory, Empirics; Cross-Country; North America
    JEL: A11 B40 C0 N01 Z0
    Date: 2012–06

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