nep-sog New Economics Papers
on Sociology of Economics
Issue of 2021‒02‒08
four papers chosen by
Jonas Holmström
Axventure AB

  1. The Remarkable Growth in Financial Economics, 1974-2020 By G. William Schwert
  2. Towards a more sustainable academic publishing system By Mohsen Kayal; Jane Ballard; Ehsan Kayal
  3. Revisiting the Entrepreneurial Commercialization of Academic Science: Evidence from “Twin” Discoveries By Matt Marx; David H. Hsu
  4. A visualization review analysis of the last two decades for Environmental Kuznets Curve “EKC” based on co-citation analysis theory and pathfinder network scaling algorithms By Koondhar, Mansoor Ahmed; Shahbaz, Muhammad; Memon, Kamran Ali; Ozturk, Ilhan; Rong, Kong

  1. By: G. William Schwert
    Abstract: Academic finance has grown and evolved in the 46 years since the Journal of Financial Economics (JFE) began publishing papers. This paper uses detailed data on the 2,858 papers written by 3,152 different authors published in the JFE from 1974-2019. Cumulatively, these papers have received 278,018 citations from other published papers as reflected in the Social Science Citation Index. Increasing computing power and electronic communication have likely resulted in trends toward more empirical work, more co-authorship, and more complex papers. Growth in the demand for finance faculty has driven up faculty salaries, and therefore the demand for journal services.
    JEL: G10 G20 G30
    Date: 2020–12
  2. By: Mohsen Kayal; Jane Ballard; Ehsan Kayal
    Abstract: Communicating new scientific discoveries is key to human progress. Yet, this endeavor is hindered by monetary restrictions for publishing one's findings and accessing other scientists' reports. This process is further exacerbated by a large portion of publishing media owned by private, for-profit companies that do not reinject academic publishing benefits into the scientific community, in contrast with journals from scientific societies. As the academic world is not exempt from economic crises, new alternatives are necessary to support a fair publishing system for society. After summarizing the general issues of academic publishing today, we present several solutions at the levels of the individual scientist, the scientific community, and the publisher towards more sustainable scientific publishing. By providing a voice to the many scientists who are fundamental protagonists, yet often powerless witnesses, of the academic publishing system, and a roadmap for implementing solutions, this initiative can spark increased awareness and promote shifts towards impactful practices.
    Date: 2021–01
  3. By: Matt Marx; David H. Hsu
    Abstract: Which factors shape the commercialization of academic scientific discoveries via startup formation? Prior literature has identified several contributing factors but does not address the fundamental problem that the commercial potential of a nascent discovery is generally unobserved, which potentially confounds inference. We construct a sample of approximately 20,000 “twin” scientific articles, which allows us to hold constant differences in the nature of the advance and more precisely examine characteristics that predict startup commercialization. In this framework, several commonly-accepted factors appear not to influence commercialization. However, we find that teams of academic scientists whose former collaborators include “star” serial entrepreneurs are much more likely to commercialize their own discoveries via startups, as are more interdisciplinary teams of scientists.
    JEL: L26
    Date: 2020–12
  4. By: Koondhar, Mansoor Ahmed; Shahbaz, Muhammad; Memon, Kamran Ali; Ozturk, Ilhan; Rong, Kong
    Abstract: Environmental Kuznets curve (EKC) is a statistical tool to examine the cointegration and causality nexus between economic growth and carbon emissions. The EKC is widely used in energy and environmental economics studies. Although, a large number of researchers have analyzed the EKC by applying different statistical models, and some review work has been summarized to draw a pictorial view of extending studies in this research field. However, still, the macroscopic overview needs to be considered. Therefore, this study aims to contribute to the literature for finding a new pathway for further research employing, and to facilitate this research Scientometric analysis is carried out by feature in CiteSpace. The dataset of screened 2384 records out of a total of 59225 Web of Science (WoS) references for the timespan 1999-2019 was used to visualize the knowledge map and outcome of the scientific enterprise. The visualization results reveal the most influencing studies, institutions, authors, countries, keywords, and category cloud, in the research field of EKC. This paper reveals that the research on EKC in alignment with green and sustainable technology science requires more attention. Further, this paper would help authors and publishers make their decisions for the research of EKC and planning for future perspectives to contribute to academic development and applied methodology.
    Keywords: Environmental Kuznets Curve (EKC), Bibliometric, Scientometric Analysis Algorithm, Co-citation, Visualization, CiteSpace
    JEL: Q0
    Date: 2020–12–07

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