nep-sog New Economics Papers
on Sociology of Economics
Issue of 2017‒08‒06
three papers chosen by
Jonas Holmström
Axventure AB

  1. You get what you 'pay' for: Academic attention, career incentives and changes in publication portfolios of business and economics researchers By Omar Adam Ayaita; Kerstin Pull; Uschi Backes-Gellner
  2. The Power of Scientometrics and the Development of Economics By Jakob Kapeller; Matthias Aistleitner; Stefan Steinerberger
  3. An Elo Ranking for Economic Journals By Lehmann, Robert; Wohlrabe, Klaus

  1. By: Omar Adam Ayaita (University of Tuebingen); Kerstin Pull (University of Tuebingen); Uschi Backes-Gellner (University of Zurich)
    Abstract: Since the 1990s, research on publication outputs in business and economics has almost exclusively focused on journal articles. While earlier work has shown that journal articles and other publications were indeed complements in the 70s and 80s, we find that this is no longer the case when we include the most recent decades. Apparently, the notable shift in the scientific community's attention in the 90s on journal articles and the corresponding incentives towards publications in internationally highly ranked journals led researchers to one-sidedly focus on journal publications at the expense of other publication forms. To see whether the aggregate result also holds for individual researchers, we perform a cluster analysis and find four different types of individual researchers: "Journal Specialists", "Book- Based Publishers", a small group of "Highly Productive All-round Publishers" and a large group of what we call "Inconspicuous" researchers, with a very modest publication productivity in all forms. In addition we find that the individual researchers' age matters for their publication patterns: in our sample more experienced researchers are less productive with respect to journal articles, but more productive with respect to other publication forms. This, however, is not the result of an individual career effect. Rather, it is to be attributed to a cohort effect: among today's active researchers the younger cohorts are more productive in journal articles than the older cohorts. Our explanation based on our personnel economics analysis is as follows: the younger cohorts were in their socialization and hiring phase more strongly affected by the newly introduced incentives towards only international journal publications - and have thus reacted more strongly to the "regime change" resulting from the scientific community's one-sided attention to publications in internationally highly ranked journals.
    Keywords: Research productivity; publication forms; journal articles
    JEL: A14 I23 J24
    Date: 2017–07
  2. By: Jakob Kapeller; Matthias Aistleitner; Stefan Steinerberger (Yale University, Department of Mathematics)
    Abstract: Citation metrics as well as related indices and rankings become increasingly important in the quantitative evaluation of research. Such indices are part of a more general tendency where one hopes to simplify complex and interconnected phenomena through quantification. The purpose of our contribution is to analyze the impact of such quantitative indices on the further development of science with a special emphasis on economics. In this case we observe a multitude of interesting effects on both the level of individual scientists as well as the global development of the discipline.
    Date: 2016–03
  3. By: Lehmann, Robert; Wohlrabe, Klaus
    Abstract: Rankings for sports such as chess or table tennis are based on the so called Elo rating system. In this paper we apply this rating system to rank economic journals. One main advantage of the Elo ranking compared to existing ones is its explicit consideration of a journal's performance path. Another advantage is the easy application of the system to any journal metric that is published on a regular basis. Our application is based on data from Web of Science that comprises the impact factors of 382 economic journals for the period from 1997 to 2016. The most recent Elo ranking is quite different for rather 'middle-class' journals. However, also some differences for the top 30 emerge.
    Keywords: Elo Rating System, Journal Rankings, Impact Factor
    JEL: A19 Z00
    Date: 2017–08–01

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