nine facts about top journals in economics

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1、NineFactsaboutTopJournalsinEconomicsDavidCard,UCBerkeleyandNBERStefanoDellaVigna,UCBerkeleyandNBERDecember2012AbstractHowhaspublishinginthetopjournalschangedsince1970?Usingadatasetthatcombinesinformationonallarticlespublishedinthetop‐5journalsfrom1970to2012withtheirGoogleScholarcitati

2、ons,weidentifyninekeytrends.First,annualsubmissionstothetop‐5journalsnearlydoubledfrom1990to2012.Second,thetotalnumberofarticlespublishedinthesejournalsactuallydeclinedfrom400peryearinthelate1970sto300peryearmostrecently.Asaresult,theacceptanceratehasfallenfrom15%to6%,withpotentialimpli

3、cationsforthecareerprogressionofyoungscholars.Third,onejournal,theAmericanEconomicReview,nowaccountsfor40%oftop‐5publications,upfromone‐quarterinthe1970s.Fourth,recentlypublishedpapersareonaverage3timeslongerthantheywereinthe1970s,contributingtotherelativeshortageofjournalspace.Fifth,th

4、enumberofauthorsperpaperhasincreasedfrom1.3in1970to2.3in2012,partlyoffsettingthefallinthenumberofarticlesperyear.Sixth,citationsfortop‐5publicationsarehigh:amongpaperspublishedinthelate1990s,themediannumberofGoogleScholarcitationsis200.Seventh,therankingofjournalsbycitationshasremainedr

5、elativelystable,withthenotableexceptionoftheQuarterlyJournalofEconomics,whichclimbedfromfourthplacetofirstplaceoverthepastthreedecades.Eighth,citationcountsaresignificantlyhigherforlongerpapersandthosewrittenbymoreco‐authors.Ninth,althoughthefractionsofarticlesfromdifferentfieldspublish

6、edinthetop‐5hasremainedrelativelystable,thereareimportantcohorttrendsinthecitationsreceivedbypapersfromdifferentfields,withrisingcitationstomorerecentpapersinDevelopmentandInternational,anddecliningcitationstorecentpapersinEconometricsandTheory.SpecialthankstoGlennEllison,LawrenceKatz,

7、ImranRasul,andJesseShapirofortheirhelpinobtainingsubmissiondata.WealsothankSydneeCaldwell,KaushikKrishnanandJeffSorensonforoutstandingresearchassistanceaswellasateamofundergraduatestudents(RobinGong,SamuelJohnson,KiSungKim,SunnyLee,SonegjooMin,ZiPeng,EileenTipoe,andBrianWheaton