Dawning of a new age? Economics journals’ data policies on the test bench

Author : Sven Vlaeminck

In the field of social sciences and particularly in economics, studies have frequently reported a lack of reproducibility of published research. Most often, this is due to the unavailability of data reproducing the findings of a study.

However, over the past years, debates on open science practices and reproducible research have become stronger and louder among research funders, learned societies, and research organisations.

Many of these have started to implement data policies to overcome these shortcomings. Against this background, the article asks if there have been changes in the way economics journals handle data and other materials that are crucial to reproduce the findings of empirical articles.

For this purpose, all journals listed in the Clarivate Analytics Journal Citation Reports edition for economics have been evaluated for policies on the disclosure of research data.

The article describes the characteristics of these data policies and explicates their requirements. Moreover, it compares the current findings with the situation some years ago.

The results show significant changes in the way journals handle data in the publication process. Research libraries can use the findings of this study for their advisory activities to best support researchers in submitting and providing data as required by journals.

URL : Dawning of a new age? Economics journals’ data policies on the test bench

DOI : https://doi.org/10.53377/lq.10940

Open access journal publishing in the business disciplines: A closer look at the low uptake and discipline-specific considerations

Authors : Mikael Laakso, Bo-Christer Björk

The Internet has enabled efficient electronic publishing of scholarly journals and Open Access business models. Recent studies have shown that adoption of Open Access journals has been uneven across scholarly disciplines, where the business and economics disciplines in particular seem to lag behind all other fields of research.

Through bibliometric analysis of journals indexed in Scopus, we find the share of articles in Open Access journals in business, management, and accounting to be only 6%. We further studied the Open Access availability of articles published during 2014–2019 in journals included in the Financial Times 50 journal list (19,969 articles in total).

None of the journals are full Open Access, but 8% of the articles are individually open and for a further 35% earlier manuscript versions are available openly on the web. The results suggest that the low adoption rate of Open Access journals in the business fields is a side-effect of evaluation practices emphasizing publishing in journals included, in particular, ranking lists, creating disincentives for business model innovation, and barriers for new entrants among journals.

Currently, most business school research has to be made Open Access through other ways than through full Open Access journals, and libraries play an important role in facilitating this in a sustainable way.

URL : Open access journal publishing in the business disciplines: A closer look at the low uptake and discipline-specific considerations

DOI : https://doi.org/10.1177/09610006211006769

What is the benefit from publishing a working paper in a journal in terms of citations? Evidence from economics

Authors : Klaus Wohlraben, Constantin Bürgi

Many papers in economics that are published in peer reviewed journals are initially released in widely circulated working paper series. This raises the question about the benefit of publishing in a peer-reviewed journal in terms of citations.

Specifically, we address the question: to what extent does the stamp of approval obtained by publishing in a peer-reviewed journal lead to more subsequent citations for papers that are already available in working paper series? Our data set comprises about 28,000 working papers from four major working paper series in economics.

Using panel data methods, we show that the publication in a peer reviewed journal results in around twice the number of yearly citations relative to working papers that never get published in a journal. Our results hold in several robustness checks.

URL : What is the benefit from publishing a working paper in a journal in terms of citations? Evidence from economics

DOI : https://doi.org/10.1007/s11192-021-03942-x

How the publish-or-perish principle divides a science: the case of economists

Author : Hendrik P. van Dalen

The publish-or-perish principle has become a fact of academic life in gaining a position or being promoted. Evidence is mounting that benefits of this pressure is being countered by the downsides, like forms of goal displacement by scientists or unethical practices.

In this paper we evaluate whether perceived work pressure (publishing, acquisition funds, teaching, administration) is associated with different attitudes towards science and the workplace among economists working at Dutch universities.

Publication pressure is high and is related to faculty position and university ranking position. Based on a latent class analysis we can detect a clear divide among economists. Around two third of the economists perceives that this pressure has upsides as well as serious downsides and one third only perceives upsides and no downsides.

Full professors see more than other faculty members the positive sides of the publish-or-perish principle and virtually no downsides. These different perceptions are also reflected in their appreciation of the academic work environment.

URL : How the publish-or-perish principle divides a science: the case of economists

DOI : https://doi.org/10.1007/s11192-020-03786-x

Replication studies in economics—How many and which papers are chosen for replication, and why?

Authors : Frank Mueller-Langer, Benedikt Fecher, Dietmar Harhoff, Gert G.Wagner

We investigate how often replication studies are published in empirical economics and what types of journal articles are replicated. We find that between 1974 and 2014 0.1% of publications in the top 50 economics journals were replication studies.

We consider the results of published formal replication studies (whether they are negating or reinforcing) and their extent: Narrow replication studies are typically devoted to mere replication of prior work, while scientific replication studies provide a broader analysis.

We find evidence that higher-impact articles and articles by authors from leading institutions are more likely to be replicated, whereas the replication probability is lower for articles that appeared in top 5 economics journals.

Our analysis also suggests that mandatory data disclosure policies may have a positive effect on the incidence of replication.

URL : Replication studies in economics—How many and which papers are chosen for replication, and why?

DOI : https://doi.org/10.1016/j.respol.2018.07.019

Heading for the Open Road Costs and Benefits…

Heading for the Open Road: Costs and Benefits of Transitions in Scholarly Communications :

“This paper reports on a study — overseen by representatives of the publishing, library and research funder communities in the UK — investigating the drivers, costs and benefits of potential ways to increase access to scholarly journals. It identifies five different but realistic scenarios for moving towards that end over the next five years, including gold and green open access, moves towards national licensing, publisher-led delayed open access, and transactional models. It then compares and evaluates the benefits as well as the costs and risks for the UK. The scenarios, the comparisons between them, and the modelling on which they are based, amount to a benefit-cost analysis to help in appraising policy options over the next five years. Our conclusion is that policymakers who are seeking to promote increases in access should encourage the use of existing subject and institutional repositories, but avoid pushing for reductions in embargo periods, which might put at risk the sustainability of the underlying scholarly publishing system. They should also promote and facilitate a transition to gold open access, while seeking to ensure that the average level of charges for publication does not exceed circa £2,000; that the rate in the UK of open access publication is broadly in step with the rate in the rest of the world; and that total payments to journal publishers from UK universities and their funders do not rise as a consequence.”

URL : http://liber.library.uu.nl/publish/issues/2011-1/index.html?000529

The Economists Online Subject Repository…

The Economists Online Subject Repository—Using Institutional Repositories as the Foundation For International Open Access Growth :

“A new subject repository, Economists Online (EO), has recently been launched. The pioneering model upon which it is built, aggregating the subject specific content of a consortium of participating institutions and their repositories, is examined in this article. An overview of existing subject repositories is given, along with an analysis of the scholarly communications landscape in economics and how the new EO subject repository fits into this environment. This paper makes a case for collaboration between institutional repositories as a way of increasing Open Access (OA) access to research.”

URL : http://www.informaworld.com/smpp/content~db=all~content=a928292729~frm=titlelink