Azar, Ofer H. (2002): The slowdown in first-response times of economics journals: Can it be beneficial? Published in: Economic Inquiry , Vol. 1, No. 45 (2007): pp. 179-187.
Download (208kB) | Preview
The first response time (henceforth FRT) of economics journals has increased over the last four decades from 1-2 months to 3-6 months. The optimal FRT, however, is not zero, because the FRT deters submission of mediocre papers to good journals and consequently saves valuable time of referees and editors. The change in the actual FRT is in the same direction as the change in the optimal FRT, which has increased because of the availability of research on the Internet prior to publication and because the costs of refereeing a paper have increased.
|Item Type:||MPRA Paper|
|Institution:||Ben-Gurion University of the Negev|
|Original Title:||The slowdown in first-response times of economics journals: Can it be beneficial?|
|Keywords:||Academic review process; First response times; Turnaround times; Journals; Publishing; Slowdown; Refereeing; Economics journals; Editorial process|
|Subjects:||L - Industrial Organization > L8 - Industry Studies: Services > L82 - Entertainment ; Media
A - General Economics and Teaching > A1 - General Economics > A19 - Other
A - General Economics and Teaching > A1 - General Economics > A14 - Sociology of Economics
A - General Economics and Teaching > A1 - General Economics > A10 - General
I - Health, Education, and Welfare > I2 - Education and Research Institutions > I23 - Higher Education ; Research Institutions
|Depositing User:||Ofer Azar|
|Date Deposited:||15. Aug 2007|
|Last Modified:||25. May 2015 13:18|
Azar, Ofer H. (2004a): “Rejections and the Importance of First Response Times,” International Journal of Social Economics, 31(3), 259−274. Azar, Ofer H. (2004b): “The Review Process in Economics: Is it Too Fast?” Working paper, Department of Economics, Northwestern University. Bergstrom, Theodore C. (2001): “Free Labor for Costly Journals?” Journal of Economic Perspectives, 15(3), 183−198. Blank, Rebecca (1991): “The Effects of Double-Blind versus Single-Blind Reviewing: Experimental Evidence from The American Economic Review,” American Economic Review, 81(5), 10411067. Champernowne, D. G., P. M. Deane and W. B. Reddaway (1973): “The Economic Journal: Note by the Editors,” The Economic Journal, 83(330), 495504. Chang, Juin-Jen, and Ching-Chong Lai (2001): “Is it Worthwhile to Pay Referees?” Southern Economic Journal, 68(2), 457463. Coe, Robert K., and Irwin Weinstock (1967): “Editorial Policies of Major Economic Journals,” Quarterly Review of Economics and Business, 7(4), 3743. Ellison, Glenn (2002a): “The Slowdown of the Economics Publishing Process,” Journal of Political Economy, 110(5), 947993. Ellison, Glenn (2002b): “Evolving Standards for Academic Publishing: A q-r Theory,” Journal of Political Economy, 110(5), 9941034. Engers, Maxim, and Joshua S. Gans (1998): “Why Referees are not Paid (Enough),” American Economic Review, 88(5), 13411349. Fisher, Franklin M. (1976): “Report of the Editor,” Econometrica, 44(1), 214217. Laband, David N. (1990): “Is there Value-Added from the Review Process in Economics?: Preliminary Evidence from Authors,” Quarterly Journal of Economics, 105(2), 341352. Laband, David N., Robert D. Tollison, and Gokhan Karahan (2002): “Quality Control in Economics,” Kyklos, 55(3), 315334. Marshall, Howard D. (1959): “Publication Policies of the Economic Journals,” American Economic Review, 49(1), 133138. Macavoy, Paul W. (1970): “From the Editor,” The Bell Journal of Economics and Management Science, 1(1), 5. Mccabe, Mark J. (2002): “Journal Pricing and Mergers: A Portfolio Approach,” American Economic Review, 92(1), 259−269. Moore, William J., Robert J. Newman, and Geoffrey K. Turnbull (2001): “Reputational Capital and Academic Pay,” Economic Inquiry, 39(4), 663671. Price, Gregory N., and Laura Razzolini. 2002. “The Returns to Seniority in the Labor Market for Academic Economists,” Working paper. Sauer, Raymond D. (1988): “Estimates of the Returns to Quality and Coauthorship in Economic Academia,” Journal of Political Economy, 96(4), 855866. Seidl, Christian, Ulrich Schmidt, and Peter Grosche (2002): “A Beauty Contest of Referee Processes of Economics Journals: Preliminary Results,” Working paper, Department of Economics, University of Kiel. Trivedi, P. K. (1993): “An Analysis of Publication Lags in Econometrics,” Journal of Applied Econometrics, 8(1), 93100. Yohe, Gary W. (1980): “Current Publication Lags in Economics Journals,” Journal of Economic Literature, 18(3), 10501055.