The impact of Economics and Finance research published in Central and Eastern Europe
DOI:
https://doi.org/10.15549/jeecar.v8i1.647Keywords:
economics, finace, Impact Factors, SJP, SNIP, Scopus, Web of Science, Cabells, Central and Eastern EuropeAbstract
Research quality dictates the reputation of faculty, colleges, and universities, regardless of their location. In order to shed some light on the quality construct, this research reports on the scholarly impact of economics and finance journals published in countries of Central and Eastern Europe. A comparison of coverage by Web of Science (WoS), Scopus, and Cabell’s, three scholarly databases, reveals the lesser coverage of CEE journals within WoS and Scopus. Examination of E&F journals published in Poland, Romania, and the remainder of CEE, as defined by the Journal of Eastern European and Central Asian Research, discloses that the level of quality varies by nation. There are variations across the popular CiteScore, SJR, SNIP, and percentage of articles cited bibliometric measures. Furthermore, this research documents the existence of impact variation between journals focused on Eastern Europe published in Eastern Europe and published elsewhere in the world.
References
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Currie, R. R., and Pandher, G. S. (2020). Finance journal rankings: Active scholar assessment revisited. Journal of Banking & Finance, 111, 105717.
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Johnson, S., and Orr, K. (2020). What is business school research for? Academic and stakeholder perspectives, politics and relationality. Studies in Higher Education, Vol. 45 No. 3, 557-578.
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Krueger, T.M., Lelkes, A.M., and Shorter, J. (2020) “Nation-based differences in citation-based business journal quality measures and characteristics, Journal of Education for Business, pages 1-13. https://doi.org/10.1080/08832323.2020.1749015.
Krueger, T.M., and Shorter, J. (2019), “A comparison of high–quality finance journal and high–quality information systems journals,” Journal of Higher Education Theory and Practice, Vol. 19 No. 1, pp. 95-104.
Krueger, T.M., and Shorter, J. (2012), “Variation in scholarly review processes and acceptance rates across time and disciplines,” Southwestern Business Administration Journal, Vol. 11, pp. 71-112.
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Krueger, T.M., Shorter, J., and Huff, K. (2012),“International differences in business journal acceptance rates across business disciplines,” International Journal of Business and Social Science, Vol. 3, pp. 1-16.
Kulczycki E, Rozkosz E.A. (2017), “Does an expert-based evaluation allow us to go beyond the Impact Factor? Experiences from building a ranking of national journals in Poland.” Scientometrics. Vol. 111, No. 1, pp. 417-442. doi: 10.1007/s11192-017-2261-x. Epub 2017 Feb 1. PMID: 28386153; PMCID: PMC5362673.
Lowry, P.B., Gaskin, J., Humphreys, S.L., Moody, G.D., Galletta, D.F., Barlow, J.B., and Wilson, D.W. (2013), “Evaluating journal quality and the Association for Information Systems Senior Scholars’ journal basket via bibliometric measures: Do expert journal assessments add value?,” MIS Quarterly, Vol 37 No. 4, pp. 993-1012.
Maia, S.D., Benedicto, G. C., Prado, J.W., Robb, D.A., Bispo, O.N., and Britio, M. J. (2019). Mapping the literature on credit unions: A bibliometric investigation grounded in Scopus and Web of Science. Scientometrics, 2019 (1), 929-960. https://doi.org/10.1007/s11192-019-03165-1.
Martín-Martín, A., Orduna-Malea, E., Thelwall, M., and Delgado López-Cózar, E. (2018). Google Scholar, Web of Science, and Scopus: A systematic comparison of citations in 252 subject categories. Journal of Informetrics, Vol. 12, No. 4 (2018), pp. 1160-1177. https://doi.org/10.1016/j.joi.2018.09.002.
Martin-Martin, A., Orduna-Malea, E., Thalwall, M., and Delgado-Lopez-Cozar, E. (2019). Google Scholar, Web of Science, and Scopus: Which is best for me? London School of Economics (December 3, 2019). Blog. https://blogs.lse.ac.uk/impactofsocialsciences/2019/12/03/google-scholar-web-of-science-and-scopus-which-is-best-for-me/.
Merigó, J.M., Mas-Tur, A, Roig-Tierno, N., and Ribeiro-Soriano, D. (2015), “A bibliometric overview of the Journal of Business Research between 1973 and 2014, Journal of Business Research, Vol. 68 No. 12, pp. 2645-2653.
Mingers, J. and Yang, L. (2017), “Evaluating journal quality: A review of journal citation indicators and ranking in business and management,” European Journal of Operational Research, Vol 257 No. 1, pp. 323-337.
Moosa, I.A. (2017),” Citations, journal ranking and multiple authorships: Evidence based on the top 300 papers in economics,” Applied Economics Letters, Vol. 24 No. 3, pp. 175-181.
Netter, J.M., Poulsen, A.B., and Kieser, W.P. (2018), “What does it take? Comparisons of research standards for promotion in finance,” Journal of Corporate Finance, Vol. 49, pp. 379-387.
Salmerón-Manzano, E., & Manzano-Agugliaro, F. (2017). Worldwide scientific production indexed by Scopus on labour relations. Publications, 5(4), 25. http://dx.doi.org/10.3390/publications504002
SCImago, (n.d.). SJR — SCImago Journal & Country Rank [Portal]. Retrieved January 28, 2021, from http://www.scimagojr.com
Shorter, J. (2013), ” Distinctions in academic journal review processes and acceptance rates across time & how time to review, manuscript length, and sponsorship effect periodical acceptance rates in the information systems disciplines,” Journal of Information Systems Technology & Planning, Vol. 5 No. 15, pp. 87-111.
Shorter, J, Krueger, T.M., and Chatelain-Jardon, R. (2012),” Discipline, nation, and time based differences in business journal acceptance rates and review processes,” Journal of International Business Management & Research, Vol. 3, pp. 147-163.
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Tennant, J. (2020). Web of Science and Scopus are not global databases of knowledge. SocArXiv. DOI: https://doi.org/10.31235/osf.io/qhvgr.
Walker, S. (2019). ‘This is the golden age:’ Eastern Europe’s extraordinary 30-year revival. The Guardian, October 26, 2019. https://www.theguardian.com/world/2019/oct/26/this-is-the-golden-age-eastern-europes-extraordinary-30-year-revival.
Walters, W.H. (2917). Citation-Based Journal Rankings: Key Questions, Metrics, and Data Sources. IEEE Access, vol. 5, pp. 22036-22053. DOI: 10.1109/ACCESS.2017.2761400.
Aghaei Chadegani, A., Salehi, H., Yunus, M. M., Farhadi, H., Fooladi, M., Farhadi, M., and Ale Ebrahim, N, (2013). A Comparison between Two Main Academic Literature Collections: Web of Science and Scopus Databases (April 7, 2013). Asian Social Science, Vol. 9, No. 5, pp. 18-26, April 27, 2013, Available at SSRN: https://ssrn.com/abstract=2257540
Association of Business Schools (2015). Academic Journal Guide 2015. London: Chartered Association of Business Schools. Downloaded at www.associationofbusinessschools.org.
Ausloos, M., Nedic, O., and Dekanski, A. (2019). Correlation between submission and acceptance of papers in peer reviewed journals. Scientometrics, Vol. 2019, p. 279-302. https://link.springer.com/article/10.1007/s11192-019-03026-x.
Birkinshaw, J., Lecuona, R., and Barwise, P. (2916), The relevance gap in business school research: Which academic papers are cited in management bridge journals?, Academy of Management Learning & Education, Vol. 15 No. 4, pp. 86–702, https://doi.org/10.5465/amle.2015.0282.
Brogaard, J., Engelberg, J., and Van Wesep, E. (2018), “Do economists swing for the fences after tenure?,” Journal of Economic Perspectives, Vol. 32 No. 1, pp. 179-194.
Cabells (2021). About Us. [Internet]. Retrieved January 30, 2021, from https://www2.cabells.com/about.
Cabells Scholarly Analytics, (n.d.). Journalanalytics: Cabell’s classification index [Internet]. Retrieved January 28, 2021, from http://www2.cabells.com/about-journalytics
Capobianco-Uriarte, M., Casado-Belmonte, M., Martin-Carrillo, G.M., and Teran-Yepez, E. (2019). A Bibliometric Analysis of International Competitiveness (1982-2017). Sustainability, 11(1877). http://dx.doi.org/10.3390/su 1107177.
Chawla, D.S. (2020). Russian journals retract more than 800 papers after ‘bombshell’ investigation. Science, January 6, 2020. https://www.sciencemag.org/news/2020/01/russian-journals-retract-more-800-papers-after-bombshell-investigation.
Clarivate (2020). 2019 Annual Report. http://wokinfo.com/about/whoweare/.
Currie, R. R., and Pandher, G. S. (2020). Finance journal rankings: Active scholar assessment revisited. Journal of Banking & Finance, 111, 105717.
Dexter, Allison (2021). How many words per page?, Blog. https://wordcounter.io/blog/how-many-words-per-page/.
Elsevier (2021). Expertly curated abstract & citation database. https://www.elsevier.com/solutions/scopus.
Garfield, E. (2006), “The history and meaning of the journal impact factor,” JAMA: The Journal of the American Medical Association, Vol. 295 No. 1, 90-93.
Johnson, S., and Orr, K. (2020). What is business school research for? Academic and stakeholder perspectives, politics and relationality. Studies in Higher Education, Vol. 45 No. 3, 557-578.
Krueger, T.M. (2013), “Acceptance rates of finance journals dedicated to various areas: Impact of review type and reviewer number,” Mustang Journal of Accounting and Finance, Vol. 3, pp. 65-88.
Krueger, T.M. (2014), “Paying for Acceptance? A study of academic management journals,” Mustang Journal of Business and Ethics, Vol. 6, pp. 31-47.
Krueger, T.M. (2017), “A comparison of CABS’ Academic Journal Guide,” Australian Business Deans Council’s List, and Cabell’s Directory of Publishing Opportunities in Finance. Journal of Financial Education, Vol. 43 No. 2, pp. 313-338.
Krueger, T.M. and Lelkes, A.M. (2019), “Bibliometric measures and journal characteristics of leading accounting and finance journals,” Journal of Accounting and Finance, Vol. 19 No. 7, pp.87-101.
Krueger, T.M., Lelkes, A.M., and Shorter, J. (2020) “Nation-based differences in citation-based business journal quality measures and characteristics, Journal of Education for Business, pages 1-13. https://doi.org/10.1080/08832323.2020.1749015.
Krueger, T.M., and Shorter, J. (2019), “A comparison of high–quality finance journal and high–quality information systems journals,” Journal of Higher Education Theory and Practice, Vol. 19 No. 1, pp. 95-104.
Krueger, T.M., and Shorter, J. (2012), “Variation in scholarly review processes and acceptance rates across time and disciplines,” Southwestern Business Administration Journal, Vol. 11, pp. 71-112.
Krueger, T.M., Shorter, J. and Colvin, R. (2021). “Bibliographic Measures of Top-Tier Finance Information Systems, and Management Science Journals,” Economic and Business Research, forthcoming.
Krueger, T.M., Shorter, J., and Huff, K. (2012),“International differences in business journal acceptance rates across business disciplines,” International Journal of Business and Social Science, Vol. 3, pp. 1-16.
Kulczycki E, Rozkosz E.A. (2017), “Does an expert-based evaluation allow us to go beyond the Impact Factor? Experiences from building a ranking of national journals in Poland.” Scientometrics. Vol. 111, No. 1, pp. 417-442. doi: 10.1007/s11192-017-2261-x. Epub 2017 Feb 1. PMID: 28386153; PMCID: PMC5362673.
Lowry, P.B., Gaskin, J., Humphreys, S.L., Moody, G.D., Galletta, D.F., Barlow, J.B., and Wilson, D.W. (2013), “Evaluating journal quality and the Association for Information Systems Senior Scholars’ journal basket via bibliometric measures: Do expert journal assessments add value?,” MIS Quarterly, Vol 37 No. 4, pp. 993-1012.
Maia, S.D., Benedicto, G. C., Prado, J.W., Robb, D.A., Bispo, O.N., and Britio, M. J. (2019). Mapping the literature on credit unions: A bibliometric investigation grounded in Scopus and Web of Science. Scientometrics, 2019 (1), 929-960. https://doi.org/10.1007/s11192-019-03165-1.
Martín-Martín, A., Orduna-Malea, E., Thelwall, M., and Delgado López-Cózar, E. (2018). Google Scholar, Web of Science, and Scopus: A systematic comparison of citations in 252 subject categories. Journal of Informetrics, Vol. 12, No. 4 (2018), pp. 1160-1177. https://doi.org/10.1016/j.joi.2018.09.002.
Martin-Martin, A., Orduna-Malea, E., Thalwall, M., and Delgado-Lopez-Cozar, E. (2019). Google Scholar, Web of Science, and Scopus: Which is best for me? London School of Economics (December 3, 2019). Blog. https://blogs.lse.ac.uk/impactofsocialsciences/2019/12/03/google-scholar-web-of-science-and-scopus-which-is-best-for-me/.
Merigó, J.M., Mas-Tur, A, Roig-Tierno, N., and Ribeiro-Soriano, D. (2015), “A bibliometric overview of the Journal of Business Research between 1973 and 2014, Journal of Business Research, Vol. 68 No. 12, pp. 2645-2653.
Mingers, J. and Yang, L. (2017), “Evaluating journal quality: A review of journal citation indicators and ranking in business and management,” European Journal of Operational Research, Vol 257 No. 1, pp. 323-337.
Moosa, I.A. (2017),” Citations, journal ranking and multiple authorships: Evidence based on the top 300 papers in economics,” Applied Economics Letters, Vol. 24 No. 3, pp. 175-181.
Netter, J.M., Poulsen, A.B., and Kieser, W.P. (2018), “What does it take? Comparisons of research standards for promotion in finance,” Journal of Corporate Finance, Vol. 49, pp. 379-387.
Salmerón-Manzano, E., & Manzano-Agugliaro, F. (2017). Worldwide scientific production indexed by Scopus on labour relations. Publications, 5(4), 25. http://dx.doi.org/10.3390/publications504002
SCImago, (n.d.). SJR — SCImago Journal & Country Rank [Portal]. Retrieved January 28, 2021, from http://www.scimagojr.com
Shorter, J. (2013), ” Distinctions in academic journal review processes and acceptance rates across time & how time to review, manuscript length, and sponsorship effect periodical acceptance rates in the information systems disciplines,” Journal of Information Systems Technology & Planning, Vol. 5 No. 15, pp. 87-111.
Shorter, J, Krueger, T.M., and Chatelain-Jardon, R. (2012),” Discipline, nation, and time based differences in business journal acceptance rates and review processes,” Journal of International Business Management & Research, Vol. 3, pp. 147-163.
Smith, H. (2020). Character limits to estimated page and word counts. T Foundant Technologies blog. https://foundant.helpjuice.com/77470-forms/229310-how-many-pages-is-10-000-characters#character-limits-into-estimated-word-and-page-counts.
Tennant, J. (2020). Web of Science and Scopus are not global databases of knowledge. SocArXiv. DOI: https://doi.org/10.31235/osf.io/qhvgr.
Walker, S. (2019). ‘This is the golden age:’ Eastern Europe’s extraordinary 30-year revival. The Guardian, October 26, 2019. https://www.theguardian.com/world/2019/oct/26/this-is-the-golden-age-eastern-europes-extraordinary-30-year-revival.
Walters, W.H. (2917). Citation-Based Journal Rankings: Key Questions, Metrics, and Data Sources. IEEE Access, vol. 5, pp. 22036-22053. DOI: 10.1109/ACCESS.2017.2761400.
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Published
2021-03-09
How to Cite
Krueger, T. M., & Megits, N. (2021). The impact of Economics and Finance research published in Central and Eastern Europe. Journal of Eastern European and Central Asian Research (JEECAR), 8(1), 1–17. https://doi.org/10.15549/jeecar.v8i1.647
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