IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v11y2023i22p4703-d1283919.html
   My bibliography  Save this article

Exploring the Contributions to Mathematical Economics: A Bibliometric Analysis Using Bibliometrix and VOSviewer

Author

Listed:
  • Kyriaki Tsilika

    (School of Economics and Business, Department of Economics, 382 21 Volos, Greece
    School of Social Sciences, Department of Business Administration, Hellenic Open University, 263 35 Patras, Greece)

Abstract

From Cournot, Walras, and Pareto’s research to what followed in the form of marginalist economics, chaos theory, agent-based modeling, game theory, and econophysics, the interpretation and analysis of economic systems have been carried out using a broad range of higher mathematics methods. The evolution of mathematical economics is associated with the most productive and influential authors, sources, and countries, as well as the identification of interactions between the authors and research topics. Bibliometric analysis provides journal-, author-, document-, and country-level metrics. In the present study, a bibliometric overview of mathematical economics came from a screening performed in September 2023, covering the timespan 1898–2023. About 6477 documents on mathematical economics were retrieved and extracted from the Scopus academic database for analysis. The Bibliometrix package in the statistical programming language R was employed to perform a bibliometric analysis of scientific literature and citation data indexed in the Scopus database. VOSviewer (version 1.6.19) was used for the visualization of similarities using several bibliometric techniques, including bibliographic coupling, co-citation, and co-occurrence of keywords. The analysis traced the most influential papers, keywords, countries, and journals among high-quality studies in mathematical economics.

Suggested Citation

  • Kyriaki Tsilika, 2023. "Exploring the Contributions to Mathematical Economics: A Bibliometric Analysis Using Bibliometrix and VOSviewer," Mathematics, MDPI, vol. 11(22), pages 1-21, November.
    • Handle: RePEc:gam:jmathe:v:11:y:2023:i:22:p:4703-:d:1283919
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/11/22/4703/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7390/11/22/4703/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Donthu, Naveen & Kumar, Satish & Mukherjee, Debmalya & Pandey, Nitesh & Lim, Weng Marc, 2021. "How to conduct a bibliometric analysis: An overview and guidelines," Journal of Business Research, Elsevier, vol. 133(C), pages 285-296.
    2. Ludovic Ragni, 2018. "Applying mathematics to economics according to Cournot and Walras," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 25(1), pages 73-105, January.
    3. Sheila C. Dow, 2003. "Understanding the relationship between mathematics and economics," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 25(4), pages 547-560.
    4. Veniamin Mokhov & Sergei Aliukov & Anatoliy Alabugin & Konstantin Osintsev, 2023. "A Review of Mathematical Models of Macroeconomics, Microeconomics, and Government Regulation of the Economy," Mathematics, MDPI, vol. 11(14), pages 1-37, July.
    5. Nees Jan Eck & Ludo Waltman, 2010. "Software survey: VOSviewer, a computer program for bibliometric mapping," Scientometrics, Springer;Akadémiai Kiadó, vol. 84(2), pages 523-538, August.
    6. Michael Hudson, 2000. "The use and abuse of mathematical economics," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 27(4/5), pages 292-315, August.
    7. Donald W. Katzner, 2003. "Why mathematics in economics?," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 25(4), pages 561-574.
    8. Vasily E. Tarasov, 2019. "On History of Mathematical Economics: Application of Fractional Calculus," Mathematics, MDPI, vol. 7(6), pages 1-28, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yucheng Zhang & Zhiling Wang & Lin Xiao & Lijun Wang & Pei Huang, 2023. "Discovering the evolution of online reviews: A bibliometric review," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-22, December.
    2. Migliavacca, Milena & Goodell, John W. & Paltrinieri, Andrea, 2023. "A bibliometric review of portfolio diversification literature," International Review of Financial Analysis, Elsevier, vol. 90(C).
    3. Gour Gobinda Goswami & Tahmid Labib, 2022. "Modeling COVID-19 Transmission Dynamics: A Bibliometric Review," IJERPH, MDPI, vol. 19(21), pages 1-19, October.
    4. Miguel A. Duran, 2007. "Mathematical Needs and Economic Interpretations," Contributions to Political Economy, Cambridge Political Economy Society, vol. 26(1), pages 1-16.
    5. Sabina Kordana-Obuch & Michał Wojtoń & Mariusz Starzec & Beata Piotrowska, 2023. "Opportunities and Challenges for Research on Heat Recovery from Wastewater: Bibliometric and Strategic Analyses," Energies, MDPI, vol. 16(17), pages 1-36, September.
    6. Lin Hu & Qinghai Chen & Tingting Yang & Chuanjian Yi & Jing Chen, 2024. "Visualization and Analysis of Hotspots and Trends in Seafood Cold Chain Logistics Based on CiteSpace, VOSviewer, and RStudio Bibliometrix," Sustainability, MDPI, vol. 16(15), pages 1-22, July.
    7. Germán López Pérez & Isabel María García Sánchez & José Luis Zafra Gómez, 2024. "A systematic literature review and bibliometric analysis of eco‐innovation on financial performance: Identifying barriers and drivers," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 1321-1340, February.
    8. Jin Su & Mo Wang & Mohd Adib Mohammad Razi & Norlida Mohd Dom & Noralfishah Sulaiman & Lai-Wai Tan, 2023. "A Bibliometric Review of Nature-Based Solutions on Urban Stormwater Management," Sustainability, MDPI, vol. 15(9), pages 1-23, April.
    9. Futao Zhang & Yuedong Liu & Yueling Zhang, 2023. "Bibliometric Analysis of Research Trends in Agricultural Soil Organic Carbon Mineralization from 2000 to 2022," Agriculture, MDPI, vol. 13(6), pages 1-19, June.
    10. Yuhanis Ladewi & Meiryani Meiryani & Ahmad Syamil & Agustini Agustini & Agustinus Winoto, 2024. "The Relation between Climate Change and Carbon Emission Trading: A Bibliometric Analysis," International Journal of Energy Economics and Policy, Econjournals, vol. 14(1), pages 686-697, January.
    11. Ooms, Tahnee & Klaser, Klaudijo & Ishkanian, Armine, 2023. "The role of academia practice partnerships in the well-being economy: Retracing synergies between health and social sciences using bibliometric analysis," Health Policy, Elsevier, vol. 138(C).
    12. Khan, Ashraf & Goodell, John W. & Hassan, M. Kabir & Paltrinieri, Andrea, 2022. "A bibliometric review of finance bibliometric papers," Finance Research Letters, Elsevier, vol. 47(PA).
    13. Zamani, Mehdi & Yalcin, Haydar & Naeini, Ali Bonyadi & Zeba, Gordana & Daim, Tugrul U, 2022. "Developing metrics for emerging technologies: identification and assessment," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    14. Abidin Kemeç & Ayşenur Tarakcıoglu Altınay, 2023. "Sustainable Energy Research Trend: A Bibliometric Analysis Using VOSviewer, RStudio Bibliometrix, and CiteSpace Software Tools," Sustainability, MDPI, vol. 15(4), pages 1-21, February.
    15. Kumar, Satish & Chavan, Meena & Pandey, Nitesh, 2023. "Journal of International Management: A 25-year review using bibliometric analysis," Journal of International Management, Elsevier, vol. 29(1).
    16. Nirojan JASINTHA, 2023. "What Is Known And Unknown: A Bibliometric Analysis Of Organizational Politics," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 15(2), pages 5-16, June.
    17. Weisheng Chiu & Thomas Chun Man Fan & Sang-Back Nam & Ping-Hung Sun, 2021. "Knowledge Mapping and Sustainable Development of eSports Research: A Bibliometric and Visualized Analysis," Sustainability, MDPI, vol. 13(18), pages 1-17, September.
    18. Anita Mendiratta & Shveta Singh & Surendra Singh Yadav & Arvind Mahajan, 2023. "Bibliometric and Topic Modeling Analysis of Corporate Social Irresponsibility," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(3), pages 319-339, September.
    19. Athanasios T. Balafoutis & Magdalena Borzecka & Stelios Rozakis & Katerina Troullaki & Foteini Vandorou & Malgorzata Wydra, 2024. "Investigating Published Research towards a Fossil-Energy-Free Agriculture Transformation," Energies, MDPI, vol. 17(17), pages 1-22, September.
    20. Irfan Ullah & Muhammad Safdar & Jianfeng Zheng & Alessandro Severino & Arshad Jamal, 2023. "Employing Bibliometric Analysis to Identify the Current State of the Art and Future Prospects of Electric Vehicles," Energies, MDPI, vol. 16(5), pages 1-24, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:11:y:2023:i:22:p:4703-:d:1283919. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.