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Research Quality Rankings of Heterodox Economic Journals in a Contested Discipline

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  • Frederic S. Lee
  • Bruce C. Cronin
  • Scott McConnell
  • Erik Dean

Abstract

This article argues that the discipline of economics consists of two subdisciplines: heterodox and mainstream economics. Being distinct bodies of knowledge, it is possible that the processes of building scientific knowledge are different enough so to generate distinctly different referencing and citation practices. Therefore, a specific impact contribution score is necessary for ranking heterodox journals in terms of their contribution to building heterodox economics. If properly developed such a metric could also be used to produce a single overall quality‐equality ranking of mainstream and heterodox journals. Utilizing citation data and peer evaluations of 62 heterodox economics journals, a research quality measure is developed and then used to rank the journals. The measure is then used in conjunction with the SSCI five‐year impact factor to produce a comparative research quality‐equality rankings of the 62 heterodox and the 192 mainstream journals in the SSCI.

Suggested Citation

  • Frederic S. Lee & Bruce C. Cronin & Scott McConnell & Erik Dean, 2010. "Research Quality Rankings of Heterodox Economic Journals in a Contested Discipline," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(5), pages 1409-1452, November.
    • Handle: RePEc:bla:ajecsc:v:69:y:2010:i:5:p:1409-1452
    DOI: 10.1111/j.1536-7150.2010.00751.x
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    2. Wu, Dengsheng & Li, Jing & Lu, Xiaoli & Li, Jianping, 2018. "Journal editorship index for assessing the scholarly impact of academic institutions: An empirical analysis in the field of economics," Journal of Informetrics, Elsevier, vol. 12(2), pages 448-460.
    3. Lynne Chester, 2019. "Judging Heterodox Economics: A Response to Hodgson's Criticisms," Economic Thought, World Economics Association, vol. 8(1), pages 1-21, June.
    4. Florentin Gloetzl & Ernest Aigner, 2015. "Pluralism in the Market of Science? A citation network analysis of economic research at universities in Vienna," Ecological Economics Papers ieep5, Institute of Ecological Economics.
    5. Vogel, Rick & Hattke, Fabian & Petersen, Jessica, 2017. "Journal rankings in management and business studies: What rules do we play by?," Research Policy, Elsevier, vol. 46(10), pages 1707-1722.
    6. Chagas , André Luis Squarize, 2017. "Publish or Perish: um ranking de revistas da subárea de Economia Regional e Urbana para os pesquisadores brasileiros," Revista Brasileira de Estudos Regionais e Urbanos, Associação Brasileira de Estudos Regionais e Urbanos (ABER), vol. 11(4), pages 515-536.
    7. Michele Di Maio, 2013. "Are Mainstream and Heterodox Economists Different? An Empirical Analysis," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(5), pages 1315-1348, November.
    8. Raffaele Miniaci & Michele Pezzoni, 2015. "Is Publication in the Hands of Outstanding Scientists? A Study on the Determinants of Editorial Boards Membership in Economics," GREDEG Working Papers 2015-17, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    9. Ian Coelho de Souza Almeida & Rafael Galvão de Almeida & Lucas Resende de Carvalho, 2017. "Academic rankings and pluralism : the case of Brazil and the new version of Qualis," Textos para Discussão Cedeplar-UFMG 569, Cedeplar, Universidade Federal de Minas Gerais.
    10. Ferenc Moksony & Rita Hegedűs & Melinda Császár, 2014. "Rankings, research styles, and publication cultures: a study of American sociology departments," Scientometrics, Springer;Akadémiai Kiadó, vol. 101(3), pages 1715-1729, December.
    11. Tim Thornton, 2013. "The Narrowing of the Australian University Economics Curriculum: An Analysis of the Problem and a Proposed Solution," The Economic Record, The Economic Society of Australia, vol. 89, pages 106-114, June.
    12. Martha A. Starr, 2010. "Increasing the Impact of Heterodox Work: Insights from RoSE," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(5), pages 1453-1474, November.
    13. Klaus Gründler & Niklas Potrafke, 2019. "Ideologically-charged terminology: austerity, fiscal consolidation, and sustainable governance," CESifo Working Paper Series 7613, CESifo.
    14. Walters, William H., 2017. "Do subjective journal ratings represent whole journals or typical articles? Unweighted or weighted citation impact?," Journal of Informetrics, Elsevier, vol. 11(3), pages 730-744.
    15. Arturo Hermann, 2018. "The Decline of the 'Original Institutional Economics' in the Post-World War II Period and the Perspectives of Today," Economic Thought, World Economics Association, vol. 7(1), pages 63-86, March.
    16. Corsi, Marcella & D’Ippoliti, Carlo & Zacchia, Giulia, 2019. "Diversity of backgrounds and ideas: The case of research evaluation in economics," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    17. Pavel Sorokin, 2018. "Making Global Sociology in the Context of Neoliberal Domination: Challenges, Ideology and Possible Strategies," Sociological Research Online, , vol. 23(1), pages 21-42, March.
    18. Harry Bloch, 2010. "Research Evaluation Down Under: An Outsider's View from the Inside of the Australian Approach," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(5), pages 1530-1552, November.
    19. Eduardo Angeli, 2018. "Caminhos da Escola Austríaca: relação com ortodoxia, engajamento e produção de novo conhecimento [Paths of the Austrian School: its relationship with orthodoxy, engagement and production of new knowle," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 28(2), pages 681-704, May-Augus.

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