An examination of the reliability of prestigious scholarly journals: evidence and implications for decision-makers
Oswald, Andrew J. (2006) An examination of the reliability of prestigious scholarly journals: evidence and implications for decision-makers. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.744).
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In universities all over the world, hiring and promotion committees regularly hear the argument: “this is important work because it is about to appear in prestigious journal X”. Moreover, those who allocate levels of research funding, such as in the multi-billion pound Research Assessment Exercise in UK universities, often come under pressure to assess research quality in a mechanical way by using journal prestige ratings. This paper’s results suggest that such tendencies are dangerous. It uses total citations over a quarter of a century as the criterion. The paper finds that it is far better to publish the best article in an issue of a medium-quality journal like the Oxford Bulletin of Economics and Statistics than to publish the worst article (or often the worst 4 articles) in an issue of a top journal like the American Economic Review. Implications are discussed.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||Z Bibliography. Library Science. Information Resources > ZA Information resources
L Education > LB Theory and practice of education > LB2300 Higher Education
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Research Assessment Exercise (Great Britain), Universities and colleges -- Finance, Periodicals -- Publishing, Government aid to higher education, Research -- Evaluation|
|Series Name:||Warwick economic research papers|
|Publisher:||University of Warwick, Department of Economics|
|Place of Publication:||Coventry|
|Official Date:||3 April 2006|
|Number of Pages:||14|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
Bayers, N.K. (2005) Using ISI Data in the Analysis of German National and Institutional Research Output, Scientometrics, 62, 155-163.
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