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How Different Are the Existing Ratings of Russian Economic Journals and How to Unify Them?

Author

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  • Subochev, A.

    (DeCAn Lab, National Research University Higher School of Economics, Moscow, Russia)

Abstract

Recently, three ratings of Russian economic journals have been independently proposed by Muravyev (2012), Balatsky (2015) and researchers from the Higher School of Economics (2014). In this paper, quantitative estimates of their (in)consistency are obtained. Additionally, these three orderings are compared to journal rankings based on values of Science Index and 2- and 5-year impact factors published by eLIBRARY.ru. It is demonstrated that all journal orderings weakly, though positively, correlate with each other. A new approach to aggregation of journal rankings is proposed. Aggregation is considered as a multicriteria decision problem, and ordinal ranking methods from social choice theory are employed to solve it. One may apply either a social ranking rule or a multistage procedure of selection and exclusion of the best journals, as determined by a social choice solution concept. In this paper, Pareto principle and majority rule based solution concepts, such as the Copeland rule, the Pareto set, the core, the uncovered set and the minimal externally stable set, are used to produce aggregate rankings of 74 top Russian economic journals. Correlation analysis demonstrates that aggregate rankings reduce the number of contradictions and represent the set of initial three rankings better than any of the latter.

Suggested Citation

  • Subochev, A., 2016. "How Different Are the Existing Ratings of Russian Economic Journals and How to Unify Them?," Journal of the New Economic Association, New Economic Association, vol. 30(2), pages 181-192.
    • Handle: RePEc:nea:journl:y:2016:i:30:p:181-192
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    References listed on IDEAS

    as
    1. Muravyev, A. A., 2012. "On Classification of Russian Journals in Economics," Working Papers 551, Graduate School of Management, St. Petersburg State University.
    2. Fuad Aleskerov & Andrey Subochev, 2013. "Modeling optimal social choice: matrix-vector representation of various solution concepts based on majority rule," Journal of Global Optimization, Springer, vol. 56(2), pages 737-756, June.
    3. Fuad T. Aleskerov & Vladimir V. Pislyakov & Andrey N. Subochev, 2014. "Ranking Journals In Economics, Management And Political Science By Social Choice Theory Methods," HSE Working papers WP BRP 27/STI/2014, National Research University Higher School of Economics.
    4. A. Muravyev., 2013. "On Scientific Value of Russian Journals in Economics and Related Fields," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
    5. Subochev, Andrey, 2008. "Dominant, weakly stable, uncovered sets: properties and extensions," MPRA Paper 53421, University Library of Munich, Germany.
    6. Kenneth J. Arrow & Herve Raynaud, 1986. "Social Choice and Multicriterion Decision-Making," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262511754, December.
    7. Muravyev, Alexander A., 2012. "On Classification of Russian Journals in Economics," Working Papers 843, Graduate School of Management, St. Petersburg State University.
    8. Fuad T. Aleskerov & Vladimir V. Pislyakov & Timur V. Vitkup, 2014. "Ranking Journals In Economics, Management And Political Sciences By The Threshold Aggregation Procedure," HSE Working papers WP BRP 73/EC/2014, National Research University Higher School of Economics.
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    Cited by:

    1. V. M. Moskovkin & X. Sun, 2019. "Methodology of regional analysis of the Russian economic reseaerch market," Economics of Science, Delo Publishing house, vol. 5(1).
    2. Rubinstein, A., 2019. "Man shall not live by RSCI alone..," Journal of the New Economic Association, New Economic Association, vol. 44(4), pages 245-259.
    3. Moskovkin, V.M. (Московкин, В.М.) & sun, X. (Сунь, С.), 2019. "Methodology of regional analysis of the Russian economic reseaerch market [Методология Регионального Анализа Российского Рынка Экономических Исследований]," Economy of science, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 67-78, April.

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    More about this item

    Keywords

    journal ranking; economic journals; Russian journals; rank aggregation; multicriteria choice; social choice rules; majority rule; uncovered set; externally stable set; Copeland rule;
    All these keywords.

    JEL classification:

    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools

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