nep-sog New Economics Papers
on Sociology of Economics
Issue of 2013‒11‒29
six papers chosen by
Jonas Holmström
Swedish School of Economics and Business Administration

  1. Do Lead Articles Signal Higher Quality in the Digital Age? Evidence from Finance Journals By David Michayluk; Ralf Zurbruegg
  2. Bibliometric Evaluation vs. Informed Peer Review: Evidence from Italy By Bertocchi, Graziella; Gambardella, Alfonso; Jappelli, Tullio; Nappi, Carmela A.; Peracchi, Franco
  3. Internationalization of academic journals: is there still a gap between social and natural sciences? By Ekaterina Dyachenko
  4. Research and Teaching in Higher Education: Complements or Substitutes? By Epstein, Gil S.; Menis, Joseph
  5. Do Faculty Matter? Effects of Faculty Participation in University Decisions By Kathleen Carroll; Lisa M. Dickson; Jane E. Ruseski
  6. Big five personality traits and academic performance in Russian universities By John Nye; Ekaterina Orel; Ekaterina Kochergina

  1. By: David Michayluk (Finance Discipline Group, UTS Business School, University of Technology, Sydney); Ralf Zurbruegg (School of Accounting and Finance, University of Adelaide)
    Abstract: Citations are regarded as measures of quality yet citation rates vary widely within each of the top finance journals. Since article ordering is at the discretion of editors, lead articles can be interpreted as signals of quality that academics can use to allocate their attention and assert the value of their publications. Advances in electronic journal access allow researchers to directly access articles, suggesting article ordering may be less relevant today. We confirm the past importance of lead articles by examining citation rates from published papers as well as the wider source of papers that are listed in Google Scholar. Our findings also confirm using Google Scholar as a citation source provides congruent results to using citations from articles published in ISI-listed journals, with the additional benefit of it potentially being more timely since it includes wider citation sources, inclusive of working and conference papers.
    Keywords: Lead article; citations; Google Scholar
    Date: 2013–11–01
  2. By: Bertocchi, Graziella (University of Modena and Reggio Emilia); Gambardella, Alfonso (Bocconi University); Jappelli, Tullio (University of Naples Federico II); Nappi, Carmela A. (ANVUR); Peracchi, Franco (University of Rome Tor Vergata)
    Abstract: A relevant question for the organization of large scale research assessments is whether bibliometric evaluation and informed peer review where reviewers know where the work was published, yield similar results. It would suggest, for instance, that less costly bibliometric evaluation might - at least partly - replace informed peer review, or that bibliometric evaluation could reliably monitor research in between assessment exercises. We draw on our experience of evaluating Italian research in Economics, Business and Statistics, where almost 12,000 publications dated 2004-2010 were assessed. A random sample from the available population of journal articles shows that informed peer review and bibliometric analysis produce similar evaluations of the same set of papers. Whether because of independent convergence in assessment, or the influence of bibliometric information on the community of reviewers, the implication for the organization of these exercises is that these two approaches are substitutes.
    Keywords: research assessment, peer review, bibliometric evaluation, VQR
    JEL: I23 C80 O30
    Date: 2013–11
  3. By: Ekaterina Dyachenko (National Research University Higher School of Economics. HSE Branch in Perm, Library. Electronic resources librarian;)
    Abstract: In this study we compare internationalization of academic journals in six fields of science. Internationalization was investigated through journals' concentration on publishing papers from particular countries, relationship between the geographical distributions of editors and authors, and relationship between language of publication and the geographical distribution of papers. Having analyzed more than 1000 journals we can state that social sciences literature in the fields considered is still nationally and linguistically fragmented more than natural sciences literature, but in some cases the gap is not so big. One of the consequences concerning research output assessment is that usefulness of international databases having national disparity in coverage is still limited in social sciences
    Keywords: scientometrics, Web of Science, sociology, economics, political science.
    JEL: Z
    Date: 2013
  4. By: Epstein, Gil S. (Bar-Ilan University); Menis, Joseph (Bar-Ilan University)
    Abstract: In this note we use unique data from Bar-Ilan University, over a period of four years (2005-2008), to estimate simultaneous equations with regard to the relationship between publications and teaching loads. The study shows that students studying for a bachelor's degree are a liability while PhD students are an asset in terms of publications. Those studying for a master's degree may be a liability or an asset depending on the department characteristics. Increasing the number of faculty members increases publications however it may not increase the publications per capita and is department specific.
    Keywords: productivity, publications, teaching loads, higher education
    JEL: D2 L11
    Date: 2013–11
  5. By: Kathleen Carroll (UMBC); Lisa M. Dickson (UMBC); Jane E. Ruseski (West Virginia University)
    Abstract: This paper models faculty participation in university decision-making and the effects on enrollment, academic quality and non-academic quality. The model predicts that faculty participation positively academic quality and non-academic quality. The model predicts that faculty participation positively affects student enrollment and investments in academic quality. Without faculty involvment in decision making, universities may choose to overinvest in non-academic quality (e.g. athletics, recreational activities) relative to academic quality. If academic quality provides positive externalities as the economic literature indicates, then faculty involvment in decision-making is socially preferred to having decisions made only by university administrators.
    Keywords: higher education; faculty governance; university decision making; incentives; nonprofit organization; public organization; organizational behavior.
    JEL: D23 D73 I23 L31 L38
    Date: 2013–10
  6. By: John Nye (George Mason University and National Research University – Higher School of Economics, Moscow, academic advisor of International Laboratory for Institutional Analysis of Economic Reforms.); Ekaterina Orel (National Research University-Higher School of Economics, Moscow, research fellow in International Laboratory for Institutional Analysis of Economic Reforms.); Ekaterina Kochergina (National Research University – Higher School of Economics, Moscow, research assistant in International Laboratory for Institutional Analysis of Economic Reforms.)
    Abstract: We study which Big Five personality traits are associated with academic performance among a sample of Russian university students using results from the Unified State Examination (for university admissions) and their current grade point averages as measures of academic performance. We find that Introversion, Agreeableness, Neuroticism, and Openness to experience have observable ties to academic performance. Those results partially confirm existing international studies, but our findings are notable for the relative unimportance of conscientiousness for success in our Russian sample. We suggest that cross-cultural differences in educational environment may explain why this trait seems less obviously important in the analysis
    Keywords: personality traits, academic success, psychology of education, Big Five, academic performance measurement.
    JEL: Z I23
    Date: 2013

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