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Ranking economics journals using data from a national research evaluation exercise

Author

Listed:
  • Arne Risa Hole

    (Department of Economics, University of Sheffield)

Abstract
This paper describes an algorithm for creating a ranking of economics journals using data from the 2014 UK Research Excellence Framework (REF) exercise. The ranking generated by the algorithm can be viewed as a measure of the average quality of the papers published in the journal, as judged by the REF Economics and Econometrics sub-panel, based on the outputs submitted to the REF.

Suggested Citation

  • Arne Risa Hole, 2015. "Ranking economics journals using data from a national research evaluation exercise," Working Papers 2015011, The University of Sheffield, Department of Economics.
    • Handle: RePEc:shf:wpaper:2015011
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    File URL: http://www.sheffield.ac.uk/economics/research/serps/articles/2015_011
    File Function: First version, March 2015
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    References listed on IDEAS

    as
    1. Cristiano Varin & Manuela Cattelan & David Firth, 2016. "Statistical modelling of citation exchange between statistics journals," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 179(1), pages 1-63, January.
    2. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2011. "An updated ranking of academic journals in economics," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 44(4), pages 1525-1538, November.
    3. J. Peter Neary & James A. Mirrlees & Jean Tirole, 2003. "Evaluating Economics Research in Europe: An Introduction," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1239-1249, December.
    4. David Card & Stefano DellaVigna, 2013. "Nine Facts about Top Journals in Economics," Journal of Economic Literature, American Economic Association, vol. 51(1), pages 144-161, March.
    5. John Hudson, 2013. "Ranking Journals," Economic Journal, Royal Economic Society, vol. 0, pages 202-222, August.
    6. Sofronis Clerides & Panos Pashardes & Alexandros Polycarpou, 2011. "Peer Review vs Metric‐based Assessment: Testing for Bias in the RAE Ratings of UK Economics Departments," Economica, London School of Economics and Political Science, vol. 78(311), pages 565-583, July.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Richard McManus & Karen Mumford & Cristina Sechel, 2017. "The Selection of Economics Lecturers into the 2014 UK Research Excellence Framework Exercise: Outputs and Gender," Discussion Papers 17/16, Department of Economics, University of York.
    2. Yves Fassin, 2021. "Does the Financial Times FT50 journal list select the best management and economics journals?," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(7), pages 5911-5943, July.
    3. Drivas, Kyriakos & Kremmydas, Dimitris, 2020. "The Matthew effect of a journal's ranking," Research Policy, Elsevier, vol. 49(4).
    4. Ms. Juliana Dutra Araujo & Manasa Patnam & Ms. Adina Popescu & Mr. Fabian Valencia & Weijia Yao, 2020. "Effects of Macroprudential Policy: Evidence from Over 6,000 Estimates," IMF Working Papers 2020/067, International Monetary Fund.
    5. Battistin, Erich & Ovidi, Marco, 2017. "Rising Stars," IZA Discussion Papers 11198, Institute of Labor Economics (IZA).
    6. Linton, O. B. & Xu, E., 2022. "Auditing the Auditors: An evaluation of the REF2021 Output Results," Cambridge Working Papers in Economics 2266, Faculty of Economics, University of Cambridge.
    7. Murat Çokgezen, 2019. "Research Performance of Turkish Economists and Economics Departments: Another Update and a Review of the 2000s," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 55(1), pages 133-149, January.
    8. Richard McManus & Karen Mumford & Cristina Sechel, 2022. "Measuring research excellence amongst economics lecturers in the UK," Bulletin of Economic Research, Wiley Blackwell, vol. 74(2), pages 386-404, April.
    9. Syed Hasan & Robert Breunig, 2021. "Article length and citation outcomes," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(9), pages 7583-7608, September.
    10. Zahid Halim & Shafaq Khan, 2019. "A data science-based framework to categorize academic journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 119(1), pages 393-423, April.
    11. Erich Battistin & Marco Ovidi, 2022. "Rising Stars: Expert Reviews and Reputational Yardsticks in the Research Excellence Framework," Economica, London School of Economics and Political Science, vol. 89(356), pages 830-848, October.
    12. Banal-Estañol, Albert & Jofre-Bonet, Mireia & Iori, Giulia & Maynou, Laia & Tumminello, Michele & Vassallo, Pietro, 2023. "Performance-based research funding: Evidence from the largest natural experiment worldwide," Research Policy, Elsevier, vol. 52(6).
    13. Linton, O. B. & Xu, E., 2022. "Auditing the Auditors: An evaluation of the REF2021 Output Results," Janeway Institute Working Papers 2228, Faculty of Economics, University of Cambridge.

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    More about this item

    Keywords

    Journal ranking; Research Excellence Framework;

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics

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